The New York Stock Exchange is bathed in holiday light Dec. 11 in New York. U.S. stocks were lower Dec. 20, a day after another big plunge rocked markets around the world. (Mark Lennihan/The Associated Press) NEW YORK — Stock prices are tumbling again Thursday as a series of big December plunges has stocks on track for their worst month in a decade. The Dow Jones Industrial Average dropped 400 points, bringing its losses since Friday to more than 1,600 points. The benchmark S&P 500 index has slumped 10 percent this month and is almost 16 percent below the peak it reached in late September. The technology-heavy Nasdaq composite is down almost 20 percent from its record high in August. After steady gains through the spring and summer, stocks have nosedived in the fall as investors worry that global economic growth is cooling off and that the U.S. could slip into a recession in the next few years. The S&P 500 is on track for its first annual loss in a decade. The market … [Read more...] about Dow sinks another 400 points as slowdown fears worsen
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Brian Leon, New York Daily News November 29, 2018 You may not have heard of Rivian yet, but the Michigan-based startup aims to be the Tesla of pickup trucks. At a quick glance, it’s new R1T all-electric pickup truck has a lot of the right stuff. Rivian debuted the groundbreaking truck at the 2018 LA Auto Show today, and at least on paper, it could offer enough to woo traditional truck buyers with just numbers alone. The company claims a 400-plus mile range from a massive 180 kWh battery pack, as well as a 0-60 miles-per-hour time of just three seconds thanks to massive amounts of torque from its electric motor. Further, the R1T should be able to charge to 80 percent capacity in 50 minutes on a level 2 DC fast charger. Oh, and it’s got a towing capacity of 11,000 pounds. Those are impressive numbers for both electric vehicles and midsize pickup trucks alone, and they’re going to have to be, because the R1T looks like the lovechild of a Tron movie and the panda-like … [Read more...] about Rivian’s R1T is all-electric, can go 400 miles, and reaches 60 mph in 3 seconds
Damian Paletta, The Washington Post Published 11:42 am PDT, Tuesday, October 30, 2018 John Muller walks through his pumpkin patch in Half Moon Bay. Marijuana growers are interested in partnering with Daylight Farms, and he has the potential to earn millions. John Muller walks through his pumpkin patch in Half Moon Bay. Marijuana growers are interested in partnering with Daylight Farms, and he has the potential to earn millions. Photo: Washington Post Photo By Ricky Carioti Eda and John Muller grow dozens of pumpkin varieties and take part in a festival that draws thousands of tourists to their small community each year. Eda and John Muller grow dozens of pumpkin varieties and take part in a festival that draws thousands of tourists to their small community each year. Photo: Washington Post Photo By Ricky Carioti John Muller listens as his … [Read more...] about In Half Moon Bay, can pot save the pumpkin farm?
The Nissan Qashqai is one of the most popular subcompact crossover SUVs in the world. In Europe, it’s Nissan’s most popular model by a wide margin. The Qashqai is sold in the US as the Rogue Sport. Earlier this year, we drove a Rogue Sport in the US and found it to be a pleasant vehicle, but underpowered. Recently, we drove a 2018 Qashqai diesel that really impressed us with its strong performance and driving dynamics. In the UK, the Nissan Qashqai starts at £19,300 while the US Rogue Sports starts $US22,110. Qashqai. Nissan Qashqai. Pronounced Kash kai, the subcompact crossover SUV has long been both a sales and critical success in the UK and Europe. Last month, Qashqai was not only Nissan’s top-selling vehicle in Europe, it out-sold the brand’s next four most popular models combined. The Qashqai is named after the nomadic Qashqai people of Iran. After years of waiting, Nissan finally brought the second generation Qashqai to the US in 2017 as … [Read more...] about We drove Nissan’s best-selling car in Europe and it’s a reminder that America is missing out
Share Tweet Share Email Comments Print NEW YORK — After a strong start, U.S. stocks abruptly sold off Tuesday after machinery maker Caterpillar said it doesn’t expect to top its first-quarter profit for the rest of the year. The Dow Jones industrial average plunged as much as 619 points as investors feared that rising oil prices and other costs will slow down growth in company profits. Stocks climbed in early trading as companies like Caterpillar, appliance maker Whirlpool, and Fifth Third Bancorp posted strong quarterly results. Then Caterpillar executives told analysts on a conference call in the late morning that they don’t expect the company to report a larger per-share profit for the rest of 2018. Other industrial, technology and basic materials companies also took sharp losses. The S&P 500 index sank 35.73 points, or 1.3 percent, to 2,634.56. The Dow Jones industrial average finished with a loss of 424.56 points, or 1.7 percent, to … [Read more...] about Sell-off in industrial, tech stocks sends Dow down 400