United states mints

REUTERS: Tesla Inc said on Tuesday it cut the price of its Model S "Long Range" sedan by 4per cent in the United States, days after the electric-car maker reported record quarterly deliveries. The company, which is expected to report third-quarter results on Oct. 21, cut the price to US$71,990 from US$74,990 in the United States. It also trimmed the starting price of the Model S by 3per cent in China. (https://bit.ly/34PqCew) Earlier this month, Tesla cut the starting price of its Chinese-made Model 3 sedans by about 8per cent to 249,900 yuan (US$36,805). The world's largest carmaker has been trimming prices on various models in its lineup at the same time legacy automakers are trying to make inroads in the electric vehicle market by launching their own electric cars. Tesla said it delivered 139,300 vehicles in the third quarter, an all-time record, yet shares fell as some analysts doubted if Tesla could hit its ambitious year-end target. Last week, the company's Chief … [Read more...] about Tesla cuts prices of Model S in United States, China

LONDON: A group representing European and US investors with a collective US$30 trillion in assets urged the United States to quickly rejoin a global accord to tackle climate change on Wednesday (Nov 4), as a decision by President Donald Trump to leave the pact came into effect. The group, whose members include big investors such as New York-based BlackRock, the world's largest asset manager, warned that the United States risked falling behind in the race to create a cleaner global economy by leaving the 2015 Paris Agreement. "Recommitting to the Paris Agreement would provide an important policy signal, helping unlock additional flows of investor capital to support sustainable growth and job creation across key sectors of the US economy," Stephanie Pfeifer, chief executive of the Institutional Investors Group on Climate Change, said in an email to Reuters. The coalition of European and some US funds joined other investor groups in Asia, Australia and New Zealand in issuing a … [Read more...] about Global investor group urges United States to rejoin Paris climate accord

REUTERS: Harley-Davidson Inc reported a 9.8per cent drop in quarterly revenue on Tuesday as global motorcycle demand struggles to pick up from the COVID-19 induced lockdowns. Retail sales in its biggest market, the United States, plunged 10per cent from the same period a year ago, while overall, motorcycles revenue fell 12per cent to US$684 million. The Milwaukee-based company has not posted a growth in retail sales in the United States for six years and has been finding it hard to add customers beyond the baby boomers. Net income rose to US$120 million, or 78 cents per share, in the third quarter ended Sept. 30, from US$87 million, or 55 cents per share, a year earlier. On an adjusted basis, it earned US$1.05 cents per share, according to Refinitiv data. Motorcycles and related product revenue fell to US$964 million from US$1.07 billion a year earlier. (Reporting by Rachit Vats in Bengaluru; Editing by Arun Koyyur) … [Read more...] about Harley sales in United States falls 10per cent as pandemic hits demand

REUTERS: Tesla said on Tuesday (Oct 13) it has cut the price of its Model S "Long Range" sedan by 4 per cent in the United States, days after the electric-car maker reported record quarterly deliveries. The company, which is expected to report third-quarter results on Oct 21, cut the price to US$71,990 from US$74,990 in the United States. It also trimmed the starting price of Model S by 3 per cent in China. Earlier this month, the carmaker cut the starting price of its Chinese-made Model 3 sedans by about 8 per cent to 249,900 yuan (US$36,805). Tesla said it delivered 139,300 vehicles in the third quarter, an all-time record, yet shares fell as some analysts doubted if Tesla could hit its ambitious year-end target. Shares of the automaker, which have surged more than five times this year, were up nearly 1 per cent at US$445.25 in premarket trading. … [Read more...] about Tesla cuts prices of Model S variant in United States, China

PRINCETON, New Jersey: Well before COVID-19 struck, there was another epidemic running rampant in the United States, killing more Americans in 2018 than the coronavirus has killed so far. What we call “deaths of despair” – deaths by suicide, alcohol-related liver disease, and drug overdose – have risen rapidly since the mid-1990s, increasing from about 65,000 per year in 1995 to 158,000 in 2018. The increase in deaths from this other epidemic is almost entirely confined to Americans without a four-year college degree. While overall mortality rates have fallen for those with a four-year degree, they have risen for less-educated Americans. Life expectancy at birth for all Americans fell between 2014 and 2017. That was the first three-year drop in life expectancy since the Spanish flu pandemic of 1918 to 1919; with two epidemics now raging at once, life expectancy is set to fall again. READ: Commentary: The US was just not built to handle COVID-19 READ: Commentary: Twitter … [Read more...] about Commentary: Welcome to the post-coronavirus United States of despair