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“These increases represent more than 52,000 additional seats on trans-Tasman and Pacific routes during the 2016 financial year”.

The government has ordered an inquiry into the accident, but Railways Minister Suresh Prabhu said it appeared the cause was a “flash flood due to heavy rains”.

The scaling back was attributed to supply chain problems, though Mr Musk said he was confident the company could deliver 500,000 cars a year by 2020, noting that Tesla produced only 600 cars in 2010.

Adidas acquired the TaylorMade brand in 1997 along with Salomon, developing it into the world’s biggest golf supplier, and bought its smaller brands Ashworth in 2008 and Adams in 2012 for $72.8 million and $70 million, respectively.

Shares of Tesla Motors plunged Thursday after investors poked through the company’s earnings report and subsequent conference call and uncovered some unsettling prospects for the maker of electric vehicles. Tesla has been heavily spending in anticipation of its newer models.

SunEdison, Inc. has dropped 7.89% during the last 3-month period.

Euro zone bond yields stabilised on Thursday, after a sharp rise the previous day fuelled by concern that the Federal Reserve and the Bank of England were heading for their first interest rate increases in nearly a decade.

In a note to clients previewing the data, Deutsche Bank’s Joe LaVorgna wrote, “At present, the four-week average of initial jobless claims (275k) remains near a 42-year low, and employee tax receipts continue to grow at a 5%-plus annual rate”. The government on...

NASA Administrator Charles Bolden wrote a letter to Congress revealing that the agency will be forced to extend their contract with the Russian government at a sum of $490 million – covering the costs for crew and supplies to be flown back and forth to the global Space Station.

Tesla said it will reveal the design of its Model 3 – a $US35,000 “mass-market” auto – in the first quarter. As of now, the upcoming model is in road testing phase, and the firm is ramping its production to meet the pre-orders by this year.

(DIS – Get Report) are retreating by 4.92% to $105.09 on very heavy trading volume on Thursday afternoon, as investors are concerned over the subscriber losses at the company’s ESPN business.

JPMorgan Chase & Co. cut their price target on shares of Intercontinental Exchange from $264.00 to $252.00 and set an “overweight” rating for the company in a report on Friday, June 5th. The estimated revenue was of $797.52M. Meanwhile, it also expects its share...

Once again, Massachusetts residents will be able to benefit from the state’s tax free holiday weekend, just in time for back to school.

Ikanos’ board has recommended the offer to Ikanos stockholders.

These concerns are one key reason why the rule, which was made law as part of the Dodd-Frank Act five years ago, took so long for the SEC to formally adopt.