Tag Archives: keep

Trump changes his mind on Electoral College, now wants to keep it

Trump changes his mind on Electoral College, now wants to keep itIn a not-totally-unexpected reversal of policy, President Trump, who before being elected president called the Electoral College “a disaster for democracy,” now says it’s “far better for the U.S.A.”



Yahoo News – Latest News & Headlines

Tesla reverses course on price cuts amid plans to keep most stores open

Tesla reverses course on price cuts amid plans to keep most stores openOne of the more interesting and admirable things about Tesla over the years has been the company's clear vision and unwavering adherence to a coherent product strategy. As laid out in the first installment of Tesla's master plan more than a decade ago, the company described in clear terms its plan to revolutionize the auto industry by using profits from pricier electric vehicles to develop and manufacture a mass market EV, a car we now know as the Model 3. Recently, though, Tesla seems to be somewhat prone to waffling as opposed to sticking with a coherent game plan. Late last month, for example, Tesla at long last announced the long-overdue arrival of the $ 35,000 Model 3. The company also announced that it would be closing nearly all of its stores and that the Model S and Model X would also see some slight price reductions. Not even two weeks later, Tesla has had something of an about-face. Perhaps realizing that closing the majority of its stores was a short-sighted move, the company over the weekend announced that it will keep most of its stores open and that the promised price cuts for the Model S and Model X won't be implemented. Tesla's updated announcement on the matter can be viewed below: > Last month, we announced that we would be winding down many of our stores and moving to online-only sales in order to pass the savings along to our customers. Over the past two weeks we have been closely evaluating every single Tesla retail location, and we have decided to keep significantly more stores open than previously announced as we continue to evaluate them over the course of several months. When we recently closed 10% of sales locations, we selected stores that didn’t invite the natural foot traffic our stores have always been designed for. These are stores that we would have closed anyway, even if in-store sales made up our entire sales model. A few stores in high visibility locations that were closed due to low throughput will be reopened, but with a smaller Tesla crew. In addition, there are another 20% of locations that are under review, and depending on their effectiveness over the next few months, some will be closed and some will remain open. As a result of keeping significantly more stores open, Tesla will need to raise vehicle prices by about 3% on average worldwide. In other words, we will only close about half as many stores, but the cost savings are therefore only about half. Potential Tesla owners will have a week to place their order before prices rise, so current prices are valid until March 18th. There will be no price increase to the $ 35,000 Model 3. The price increases will only apply to the more expensive variants of Model 3, as well as Model S and X. To be clear, all sales worldwide will still be done online, in that potential Tesla owners coming in to stores will simply be shown how to order a Tesla on their phone in a few minutes. And the generous return policy of 1000 miles or 7 days, whichever comes first, should alleviate the need for most test drives. However, cars will still be available for test drives at stores at the potential Tesla owner’s request. Stores will also carry a small number of cars in inventory for customers who wish to drive away with a Tesla immediately.All in all, this seems like the right move for Tesla. Though the company noted that most orders occur through the Tesla website, that's probably a function of eager Tesla buyers willing to pull the trigger with not so much as a test drive. If Tesla truly wants to hasten the adoption of EVs, though, it needs physical retail locations where complete strangers to the Tesla brand can learn about the company and schedule test drives.



Yahoo News – Latest News & Headlines

Warren Says Breaking Up Tech Giants Will Keep Market Competitive

Warren Says Breaking Up Tech Giants Will Keep Market CompetitiveThe Massachusetts senator spoke Saturday at the annual South by Southwest cultural festival in Austin, Texas, a day after proposing to take steps to break up companies like Facebook Inc. and Alphabet Co.’s Google if she’s elected. On Friday she called for legislation that would designate large technology companies as “platform utilities,” and for the appointment of regulators who’d unwind technology mergers that undermine competition and harm innovation and small businesses.



Yahoo News – Latest News & Headlines

Back in the Bronx, Ocasio-Cortez says to keep up the fight

Back in the Bronx, Ocasio-Cortez says to keep up the fightNEW YORK (AP) — Rep. Alexandria Ocasio-Cortez returned to her home district in the New York City borough of the Bronx on Saturday to encourage her supporters to keep up the kind of activism that resulted in Amazon rescinding its plan to build a campus in the city.



Yahoo News – Latest News & Headlines

Venezuela opposition rally to keep up pressure on Maduro

Venezuela opposition rally to keep up pressure on MaduroVenezuela’s opposition supporters will hold rallies across the country on Saturday to show backing for self-proclaimed president Juan Guaido and to protest against the increasingly isolated socialist leader Nicolas Maduro. Maduro’s critics also hope to encourage similar moves by European countries. Some European Union member states are expected to officially recognize Guaido next week, while others will likely take a more cautious stance of support.



Yahoo News – Latest News & Headlines

Bid to keep U.S. sanctions on Russia's Rusal fails in Senate

Bid to keep U.S. sanctions on Russia's Rusal fails in SenateSenators voted 57-42 to end debate on the measure, as 11 of Trump’s fellow Republicans broke from party leaders to join Democrats in favor of the resolution, amid questions about Trump’s relationship with Russian President Vladimir Putin. To keep the administration from lifting the sanctions, the measure must pass both the House and Senate and muster the two-thirds majority needed in both chambers to override an expected Trump veto. Many members of Congress have been questioning the U.S. Treasury Department’s decision in December to ease sanctions imposed in April on the core businesses of Deripaska – Rusal, its parent, En+ , and power firm EuroSibEnergo – watering down the toughest penalties imposed on Russian entities since Moscow’s 2014 annexation of Crimea from Ukraine.



Yahoo News – Latest News & Headlines

National Park Service plans to use entrance fees to keep major parks open during shutdown

National Park Service plans to use entrance fees to keep major parks open during shutdownNational Park Service takes unprecedented step to use entrance fees to keep major parks open. The fees will be used for trash clean up and more. But is it legal?



Yahoo News – Latest News & Headlines

Park Service to tap into entrance fees to keep operating

Park Service to tap into entrance fees to keep operatingWASHINGTON (AP) — The National Park Service says it is taking the extraordinary step of dipping into entrance fees to pay for staffing at its highly visited parks in the wake of the partial government shutdown.



Yahoo News – Latest News & Headlines

'No L-pocalypse!': New York's 'L' train to keep running during repairs

'No L-pocalypse!': New York's 'L' train to keep running during repairsMore than two years after news that one of New York City’s busiest subway lines would stop running between Manhattan and Brooklyn to allow for repairs, New York Governor Andrew Cuomo said on Thursday that the “L” train would keep rolling. The expected closure of the L train tunnel under the East River for at least 15 months had dismayed residents of the Brooklyn communities of Williamsburg, Bushwick and beyond. Cuomo told a news conference that engineering experts from Cornell and Columbia universities had looked at the plans over the last few weeks drawn up by the Metropolitan Transportation Authority, the state agency that runs the subway, and found them needlessly disruptive.



Yahoo News – Latest News & Headlines

As Mattis exits, he tells U.S. military to keep 'faith in our country'

As Mattis exits, he tells U.S. military to keep 'faith in our country'Mattis, who had been seen as a stabilizing factor in U.S. defense policy, is due to transfer authority near midnight to his deputy, Patrick Shanahan, a former Boeing Co executive. Mattis, a retired Marine general who has often shied from the spotlight, did not have any sort of departure ceremony when he left the Pentagon, leaving his farewell memo as his final public remarks as defense secretary.



Yahoo News – Latest News & Headlines