Tesla has also said its factory safety record has significantly improved over the last year. The news comes as Tesla prepares to launch production of its first electric car intended for the mass market, the $35,000 Model 3. Some workers at the factory have attempted to unionize over the last several months. Tesla responded to CNBC’s request for comment by pointing to a company blog post, published Sunday, on safety at the Tesla factory. “Tesla’s safety record is much better than industry average

That’s the focus of Boston biotech Ginkgo Bioworks. The company has tapped into one of the fastest-growing areas of tech right now: synthetic biology. Ginkgo Bioworks can use this technology across a whole host of consumer and industrial products enabling customers to grow rather than manufacture better products. “So we look at the geno of a rose plant to find the genes that would encode that fragrance. 7 on the 2017 CNBC Disruptor 50 list, is among those that make synthetic biology financially

Across the board, women also played it safe, the Fidelity study found. Women tend to hold a more long-term, conservative view with their investments; fewer women were fully invested in equities. By comparison, men were 35 percent more likely to make stock trades. “The reality is that saving alone is not enough to even keep pace with inflation, so if you’re not investing, you’re likely losing money,” Kathleen Murphy, president of personal investing at Fidelity, said in a statement. “Taking the ne

It used to be that different kinds of companies needed different kinds of people. A hiring manager at a shipping company would never cross paths with a media company headhunter. While the ability to lead, collaborate and communicate are still critical to landing a job, it’s having experience in the latest technical skills that will get hiring managers at the top companies clamoring for your attention. That’s what I heard after interviewing human resources leaders at 25 of the 50 LinkedIn Top Com

It wasn’t just the decision to appoint a special counsel that raised eyebrows. A special counsel is weaker than an independent special prosecutorSpecial prosecutors and special counsels are both appointed to remove conflicts of interest in federal criminal investigations, if the situation would otherwise lead to officials investigating their own superiors. So the Justice Department decided instead to use its own powers to create something similar within the department itself: a “special counsel.

Despite being fired by President Donald Trump, former national security advisor Michael Flynn has stayed in touch with the president, according to Yahoo News. “I just got a message from the president to stay strong,” Flynn said according to two sources cited by Yahoo News. Sources also said that Flynn isn’t interested in testifying or giving evidence against Trump, giving no signs that his loyalty wavers. Flynn has been the subject of a investigations by federal authorities over his links to Rus

A federal agency has voted to kick off the repeal of “net neutrality” rules designed to keep broadband providers like AT&T, Verizon and Comcast from interfering with the internet. It’s the latest change that the Federal Communications Commission has made to ease regulation of the phone, broadcast or cable industries. Undoing the net neutrality rules will be the biggest battle yet triggered by FCC Chairman Ajit Pai. The tech industry, which sees net neutrality as necessary to innovation, is alrea

U.S. government debt prices eased on Thursday as investors digested the latest developments coming out of the White House. The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was higher at around 2.217 percent, while the yield on the 30-year Treasury bond was also higher at 2.897 percent. Treasurys staged their second-biggest rally of the year Wednesday, as expectations faded that Trump can get tax reform or fiscal stimulus through Congress this year, or maybe even

Political turmoil in Washington worsened on Tuesday when reports surfaced that Trump had pressed then-FBI Director James Comey to drop a probe into former National Security Advisor Michael Flynn. Sterling moved beyond $1.30 for the first time in nearly eight months on Thursday after U.K. retail sales beat forecasts. Volumes jumped 2.3 percent in April, cooling worries over the pace of spending by consumers under pressure from rising inflation. Prime Minister Theresa May said Thursday morning tha

U.S. stocks traded higher on Thursday, recovering from their worst day of 2017, as investors assessed President Donald Trump’s chances of moving forward with his pro-growth agenda. The Dow Jones industrial average gained 13 points after a lower open, with UnitedHealth contributing the most gains. Cisco Systems, though, capped gains after the company issued weak guidance. The S&P 500 rose 0.19 percent, with telecommunications advancing 1 percent to lead advancers. You had a complete removal of an

A daily morning look at the financial stories you need to know to start the day. STOCKS/ECONOMY-Stock futures are lower again this morning after a 372-point drop for the Dow Jones Industrial average Wednesday. Jitters about President Donald Trump’s fortunes are the main reason. We get economic data today from weekly jobless claims numbers and the Philadelphia Fed survey. -Wal-Mart earnings topped Wall Street estimates as the retailer’s digital sales jumped 63%.

Of course, using a credit card makes it easier to overspend with the resulting debt hangover, since travelers spend an average of $1,900 on their family’s summer vacation. According to the ADI Travel Trends Report for 2017, total travel spending for the summer is expected to hit $98.02 billion. To avoid taking on debt, choose a credit card with a low APR and make sure to look at your options periodically in case better deals pop up. Honig also said travel rewards cards work best for those who al

That’s where you’re going to see people not wanting to enter the cannabis space,” she says. To date, the growth within the industry is undeniable, with marijuana legalized for recreational use in eight states and Washington, D.C. and for medicinal use in 30 states and Washington, D.C., per Marijuana Business Daily. Capital has also flooded into the space — nearly $1 billion from 2012 through 2016, according to GreenWave Advisors, citing data from Pitchbook. What’s more, Marijuana Business Daily

Amazon’s AmazonFresh initiative is rolling out brick-and-mortar pick up locations, Target has tapped a Kroger executive to run its grocery division, and discount chains Aldi and Lidl are encroaching on U.S. market share. But Wal-Mart’s investments are putting the retailer in a good place, as its first-quarter results show, while it pours money into keeping its prices low and beefing up its digital operations. Wal-Mart’s grocery business saw its food categories deliver their strongest quarterly c

This definitely takes away the chance of “significant new highs, which were possible with phenomenal earnings we were seeing. Doll said he had been expecting a 2018 tax plan all along, but many in the market were looking for a plan by this year. but the probability of [a tax plan] in the last 48 hours has gone down,” he said in a telephone interview Thursday. “If I had a choice of tax reform or good earnings, I’d take good earnings…Tax reform is icing on the cake, but it’s not the cake.” Trump

Please refresh the page if you do not see a player above at that time.] Vice President Mike Pence and Treasury Secretary Steven T. Mnuchin are addressing the U.S. Chamber’s “Invest in America!” U.S. Chamber President and CEO Thomas J. Donohue will introduce Vice President Pence, who will deliver a keynote address. Secretary Mnuchin will participate in a moderated discussion with U.S. Chamber Executive Vice President and Head of International Affairs Myron Brilliant. Between the two, there will b

The House intelligence committee is asking for more government documents — this time about the ouster of FBI Director Jim Comey and conversations he had with President Donald Trump about investigations into Russian meddling in the election. The committee said Thursday it sent a letter requesting material from the FBI and Justice Department related to its ongoing counterintelligence investigation. Texas Republican Mike Conaway and California Democrat Adam Schiff say they will continue to work wit

After the worst day for stocks since September, it appears that markets continue to be on edge. To be sure, the VIX remains below its famous long-term average level of 20, and fell as low as 14.6 after Thursday’s open. Others approach the situation differently, arguing that the low level of current volatility (which is the reason expected future volatility, as measured by the VIX, is also so low) actually makes stocks more vulnerable. “This was a political trade on the way up, and I think it’s g

Programmatic advertising lets brands buy ads using data targeting and technology. Though most programmatic ad buying is for online ads, some services also let advertisers buy TV commercials. Companies like Google run programmatic ad exchanges, which allow advertisers to bid on ad placements on sites and platforms. The programmatic study concluded that cross-industry standards were missing to show companies how much ads are costing them and how effective they are. The report authors said if curre

The Trump administration on Thursday notified Congress that it plans to renegotiate the North American Free Trade Agreement, the three-member deal with Mexico and Canada that President Donald Trump has repeatedly attacked. The United States can start renegotiating the agreement 90 days from the notification to Congress. A letter from U.S. Trade Representative Robert Lighthizer to congressional leaders says the administration wants NAFTA to be “modernized.” The United States seeks to support high