Elon Musk vs Warren Buffett: how two titans see carbon-free electricity

There's an energy battle brewing in Nevada. On one side is electric utility NV Energy, owned by billionaire Warren Buffett. On the other is SolarCity, the solar-power company owned by Tesla CEO Elon Musk.

Posted in MORTGAGE NEWS | Leave a comment

German economy minister blasts Merkel on EU-US trade treaty

German Chancellor Angela Merkel and German Vice Chancellor, Economy and Energy Minister Sigmar Gabriel gives a news conference following the weekly cabinet meeting on May 25, 2016 in Meseberg near Gransee, northeastern GermanyGermany's economy minister lashed out at Chancellor Angela Merkel for her "wrong" stance on a huge EU-US free trade pact in an interview to be published Monday, signalling a deepening rift within the government over the controversial accord. Sigmar Gabriel, also the vice chancellor, told the RND group of regional papers that his Social Democratic Party "doesn't wish to be part of a bad deal", as he warned against a hastily negotiated agreement on the so-called Transatlantic Trade and Investment Partnership (TTIP). Washington and Brussels want the TTIP completed this year before Obama leaves office, but it has faced mounting opposition on both sides of the Atlantic.


Posted in MORTGAGE NEWS | Leave a comment

SpaceX sticks another sea landing: Is it a reliable business model?

SpaceX's Falcon 9 rocket had a rough landing last night on a barge hundreds of miles off the coast of Florida. 

Posted in MORTGAGE NEWS | Leave a comment

At GM, do problems run deeper than MPG overstatements?

Last week, reports began to emerge that GM was planning to compensate 170,000 or so consumers who'd already purchased one of those vehicles to make up for the inaccurate MPG figures. Now comes word that GM's plan is nearly finalized.

Posted in MORTGAGE NEWS | Leave a comment

Ralph Kelly sees hope for crime victims facing financial hardship

Ralph and Kathy Kelly have sat down with many victims of violent crime, listening, since their own painful loss of teenage son Thomas in a Kings Cross attack four years ago. Amid the raw emotion and shared grief of these "awful stories", they recognised something else.

Posted in MORTGAGE NEWS | Leave a comment

How China is bringing its fuel quality standards up to global levels

China already aims to cut its horrific urban air pollution by aggressively promoting electric cars and implementing stricter fuel-economy standards over the next few years. On Monday, the government also announced plans to attack the problem of emissions from a different angle.

Posted in MORTGAGE NEWS | Leave a comment