Tesla Annouces Nevada For Battery Factory

Posted On September 04, 2014

(Reno, NV) -- Tesla is choosing Nevada as the site for its battery factory plant. Governor Brian Sandoval made the annoucement Thursday at a news conference in Carson City. The so-called gigafactory near Reno will bring seven-thousand jobs to the state. Construction for the plant is slated to be complete by 2017. Nevada competed with…

Goggle Will Pay Millions For In-App Purchases Settlement

Posted On September 04, 2014

(Undated) -- Google will pay 19-million dollars to selected customers to settle a complaint about unfair billing. The U.S. Federal Trade Commission says the company billed Android owners for in-app purchases made by their children. Google will provide the refunds and will change its billing practices to obtain consent from customers before charging them. The…

Stocks Close Down, BP Shares Fall After Court Ruling

Posted On September 04, 2014

(New York, NY) -- Stocks closed lower Thursday despite getting an early boost from news the European Central Bank was cutting interest rates. The Dow Jones Industrial Average hit an all-time intraday high of 17-161, but early gains disappeared in the afternoon with the index falling nine points to close at 17-069. The S&P 500 also…

“USA Today” Lays Off More Than 60 Staffers

Posted On September 04, 2014

(Undated) -- Cost cutting tactics have led to layoffs at Gannett-owned "USA Today." The newspaper confirmed Wednesday it had let go at least 60 staffers in its editorial department. "USA Today" says the cuts were made to align the paper's staffing levels to meet current market conditions and strengthen its digital transformation.

U2 Rumored To Play Apple Event Next Week

Posted On September 04, 2014

(San Francisco, CA) -- The latest rumor for Apple's super-secretive product unveiling next week is that U2 will be performing at the event. "9to5Mac.com" says the Irish band shot a music video in Dublin starring the next generation iPhone. A mysterious building with an elaborate sound sage is being built on the venue in Cupertino…