Serendeputy - your personal news assistant.

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by rob wile

Nikkei.com is reporting Tesla has signed a deal with Panasonic to have the industrial giant supply the electric automaker with the machinery to stock its first Gigafactory. The deal is worth between $194-$291 million. Overall investment in the project...
From: Business Insider | By: Rob Wile | Monday, July 28, 2014
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The BLS has just released a neat though slightly unsettling animation showing how the U.S. transformed from a manufacturing-based economy to one relying on health and social services spending for growth.  Here's 1990 to 2007. For a brief period retail...
From: Business Insider | By: Rob Wile | Monday, July 28, 2014
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The Dallas Federal Reserve said its latest manufacturing survey ticked 12.7. Consensus expectation was for a reading of 12.8, up from 11.4 prior.  The new orders and capacity utilization indexes essentially doubled. Input price growth was unchanged....
From: Business Insider | By: Rob Wile | Monday, July 28, 2014
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El Pollo Loco, which soared more than 50% on its market debut Friday, is again surging in premarket trading Monday. Shares in the Costa Mesa-based fire-roasted chicken specialists were up about 25%.  BI's Hayley Peterson has explained why investors...
From: Business Insider | By: Rob Wile | Monday, July 28, 2014
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Markit said its "flash" reading of services data for July was unchanged from a previous reading of 61.  Expectations were for a reading of 59.9. At 60.9, the output sub-index stayed at record highs. But new business growth eased for the first time in...
From: Business Insider | By: Rob Wile | Monday, July 28, 2014
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Apple has taken another step toward welcoming Bitcoin back into its universe: UK-based Blockchain has announced Apple has approved a new version of its Bitcoin wallet app.  Earlier this year, Apple kicked off the last major Bitcoin wallet app, developed...
From: Business Insider | By: Rob Wile | Monday, July 28, 2014
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Real estate listings site Zillow has agreed to purchase Trulia for $3.5 billion in stock, the companies announced in a joint statement. It's a 25% premium to Trulia's Friday close. Each Trulia shareholder will get .444 Class-A Zillow shares. Zillow shares...
From: Business Insider | By: Rob Wile | Monday, July 28, 2014
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Treasury Secretary Jack Lew has written an op-ed page of the Washington Post to plead with Congress to enact legislation addressing tax inversions, which he says have been increasing at "breakneck speed." As we've been discussing all this month, the...
From: Business Insider | By: Rob Wile | Monday, July 28, 2014
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Etgar Keret is arguably the best known Israeli writer in the world. The 46-year-old has been published in numerous U.S. publications, and he's also read his work on This American Life. In 2010, France named him a chevalier of arts and letters. In a...
From: Business Insider | By: Rob Wile | Sunday, July 27, 2014
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