Tiffany's 'old-world luxury' fails to charm millennials May 26, 2016 04:24PM

By Subrat Patnaik and Siddharth Cavale

(Reuters) - For Alan Feid, a 28-year-old looking to buy an engagement ring for his fiancée, the rings he found in the diamond district in Manhattan were just as good as the ones he saw at Tiffany & Co's (NYSE: TIF) flagship store on Fifth Avenue. And they cost less than half the price.

"At the end of the day, I don't think there's much of a difference when it comes to the style or the quality," said... (continue reading...)


Volkswagen Said Planning to Build Massive Battery Production Facility to Rival Tesla (TSLA) May 26, 2016 03:37PM

Volkswagen (VW) is looking to take on Tesla (Nasdaq: TSLA) in the battery supply chain business.

According to Germany's Handelsblatt, VW is planning to present its idea for a massive battery production facility. Sources said that the measure is likely to get regulatory approval.

Scaling up of battery production to ultimately lower costs will be key for any auto manufacturer looking to get a foothold in the electric vehicle segment. Tesla figure this out early and has... (continue reading...)


Trump vows to undo Obama's climate agenda in appeal to oil sector May 26, 2016 02:52PM

By Valerie Volcovici and Emily Stephenson

BISMARCK, N.D. (Reuters) - Donald Trump, the presumptive Republican presidential nominee, promised on Thursday to roll back some of America's most ambitious environmental policies, actions that he said would revive the ailing U.S. oil and coal industries and bolster national security.

Among the proposals, Trump said he would pull the United States out of the U.N. global climate accord, approve the... (continue reading...)


Tesla (TSLA) Hires Battery Expert to Help Guide Musk's Oversized Ambitions May 26, 2016 11:35AM

Tesla (Nasdaq: TSLA) is said to have hired Jeff Dahn, a professor at Dalhousie University in Nova Scotia and leading battery researcher, according to Quartz.

The report states that Dahn is charged by Tesla and CEO Elon Musk with doing "whatever it takes" to ramp up battery production in time for the launch of the Model 3 next year.

Dahn is also expected to give Musk a "fresh view" of Tesla's battery and car production expectations. Musk recently set a goal of producing... (continue reading...)


Boeing (BA) Reports 108 New Orders Since Last Update; Data Includes VietJet May 26, 2016 11:04AM

Boeing (NYSE: BA) reported the following update on Thursday:

Orders through May 24, 2016

2016 Net Orders236411212265Customers737747767777787TotalAir China---6-6ALC----11Arik Air8----8Australia P-84----4Business Jet / VIP Customer(s)1----1Eastern Air Lines Group, Inc.10----10FedEx--12-3Japan Transocean Air1----1Norwegian8----8Pegasus Airlines5----5Unidentified Customer(s)524-41575United Airlines41----41United States Navy18----18VietJet Air100----100Xiamen... (continue reading...)

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