US Drops Venezuela From List Of Countries Failing To Combat Drug-Trafficking

Tesla Delivers 358,023 Vehicles In Q1, Missing Wall Street Expectations For Second Consecutive Quarter Tesla reported a disappointing first quarter, delivering 358,023 vehicles worldwide, falling short of Wall Street expectations of about 372,000, according to Bloomberg-compiled estimates and the company’s own release. The miss marks Tesla’s second consecutive quarter below forecasts, underscoring continued pressure on its core automotive business as it navigates slowing electric-vehicle demand and a more competitive global market. Despite the shortfall, deliveries were still up 6.3% year over year, benefiting from an easier comparison period when production of the...

Israeli Prime Minister Benjamin Netanyahu on Thursday reaffirmed his position that Israel won’t withdraw from southern Lebanon and end its war in the country despite the US-Iran Memorandum of Understanding that calls for an end to the conflict. “We will restore security and prosperity to northern towns,” Netanyahu said. “That requires maintaining the security zone […]

Beer Demand Goes Flat As Even Alcoholics Pull Back With Gas Above $4 Beer sales across the U.S. over Memorial Day weekend were troublingly soft, according to a new Goldman report, which attributed the weakness primarily to a "challenging macro backdrop" and unusually cold weather across parts of the Lower 48 states. The Gulf-related fuel price shock has kept the national average for 87-octane gasoline above the politically sensitive $4-per-gallon threshold for more than 66 days, or roughly two months. Consumers are already pulling back on purchases at gas stations and...