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NS&I slashes Premium Bonds prizes

Bond market movements blamed for removal of nearly 175,000 cash prizes from monthly draw




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Penalties slashed on Lifetime Isa withdrawals

Treasury reduces charge for removing cash from tax-free accounts for under-40s




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Coronavirus: US fatalities slow but total tops 37,000 — as it happened

A live blog from FT.com

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Banks’ call for Iofina coup slated as ‘self-serving’

Iodine producer rejects Brexiter’s coronavirus play as ‘probably not very educated’




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As Europe slowly unlocks, e-scooter startups, like Helbiz, are wooing with offers

At the start of the year, it looked like Europe would be in for a “Summer E-Scooters / E-Bike War,” as both regional startups and U.S.-backed unicorns vied for the pockets of city commuters. Consolidation came when German startup Circ was taken over by U.S. competitor Bird at the start of the year. Still on […]




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Musk steps in to provide insurance for Tesla board

Chief executive criticised over move to offer liability cover following premium increase




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Tesla ekes out profit despite coronavirus disruptions

Shares soar in after-hours trading following better than expected figures




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Tesla: Elon Musk unplugged

The plan may be to keep the ‘pedal to the metal’ but self-funding is still out of range




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Tesla: taking a step back

On the impossibility of future earnings.




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Musk tweet knocks $14bn off Tesla market value

‘Stock price is too high’, writes outspoken chief executive




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Sentiment congeals in a slow simmer

Mike Mackenzie’s daily analysis of what’s moving global markets




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Tinder to add video dating next quarter, after slowing user growth due to coronavirus

Tinder will add a video dating feature in the second quarter of this year, parent company Match announced on Tuesday as part of its Q1 2020 earnings report. The company also detailed the coronavirus impact, which slowed Tinder user growth in the quarter, as social distancing requirements and government lockdowns went into effect. Match didn’t […]




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Robert Shrimsley: After the coronavirus phone tracker, a few other life-saving apps

Post-lockdown, technology could help us contain Covid-19. But why stop there?




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Tesla shares fall on Elon Musk ‘stock price too high’ tweet

Tesla CEO Elon Musk tweeted Friday that the company’s stock price was “too high” in his opinion, immediately sending shares into a free fall and in possible violation of an agreement reached with the U.S. Securities and Exchange Commission last year. Tesla shares fell nearly 12% in the half hour following his stock price tweets […]




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Pensions tax relief on a slippery slope

You might not like the thought of paying tax on your pension contributions — but it’s coming 




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Jeff Weiner will step down as CEO of LinkedIn June 1, product head Ryan Roslansky steps up

There is a major change ahead for LinkedIn, the social network for the working world, now with 675 million members. Jeff Weiner, who has been leading the company as CEO for the past 11 years, is stepping down on June 1, 2020. His new role will be executive chairman. Ryan Roslansky, who is currently head […]




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Powerful House committee demands Jeff Bezos testify after ‘misleading’ statements

Amazon is in hot water with a powerful congressional committee interested in the company’s potentially anticompetitive business practices. In a bipartisan letter sent Friday to Jeff Bezos, the House Judiciary committee demanded that the Amazon CEO explain discrepancies between his own prior statements and recent reporting from The Wall Street Journal. Specifically, the letter addressed […]




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Franklin Templeton tussles with India regulator after freezing funds

US asset manager apologises following comments by company’s president over debt rules




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Sleuth raises $3M Seed to bring order to continuous deployment

Sleuth, an early stage startup from three former Atlassian employees, wants to bring some much-needed order to the continuous delivery process. Today, the company announced it has raised a $3 million seed round. ​CRV led the round with participation from angel investors from New Relic, Atlassian and LaunchDarkly. “Sleuth is a deployment tracker built to […]




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As funding slows in Boston, its early-stage market could shine

Chris Lynch, a founder and former general partner at Boston-based seed-stage fund Accomplice, remembers “VC Mountain in Waltham.” Back then, entrepreneurs on funding quests would visit a building overlooking the Waltham Reservoir near Boston where they pitched to a few investors: Matrix Partners, Charles River Ventures and Highland Capital Partners. “And if they didn’t invest in […]




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British Airways parent slams possible UK quarantine plans

IAG boss Willie Walsh warns people will not fly if government brings in new measures




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As Europe slowly unlocks, e-scooter startups, like Helbiz, are wooing with offers

At the start of the year, it looked like Europe would be in for a “Summer E-Scooters / E-Bike War,” as both regional startups and U.S.-backed unicorns vied for the pockets of city commuters. Consolidation came when German startup Circ was taken over by U.S. competitor Bird at the start of the year. Still on […]




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Utah tech magnates create new Silicon Slopes Venture Fund to boost startups in the state

Those looking outside of Silicon Valley as a potential hub for their startup might want to take a gander at Utah, at least that’s the kind of trend the new Silicon Slopes Venture Fund hopes to create. The newly formed fund, put together by Qualtrics co-founder Ryan Smith, Omniture and Domo founder Josh James and […]




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Private equity managers rebuked over slashing US doctor pay

Row escalates between Elizabeth Warren, Blackstone and KKR after coronavirus crisis prompts cuts




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VW chief defies sceptics with ambitious plans to overtake Tesla

Herbert Diess wants to sell 26m emission-free vehicles in 9 years, overtaking rivals including Californian electric pioneer




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Tesla ramps up solar tile roof installations in US, eyes China and Europe expansion

Tesla appears to be ramping up installations of its solar tile roofs in the San Francisco Bay area and will eventually roll out to Europe and China, according to CEO Elon Musk, who, in a series of tweets, provided the first substantial update since the company launched the third iteration of its product in October. […]




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Tesla Model 3 makes Consumer Reports ‘Top Picks’ list for 2020

Tesla’s Model 3 is among the top 10 choices for car buyers in 2020, according to Consumer Reports. The nonprofit organization released its “Top Picks” of the year on Thursday, and it included Tesla’s most affordable vehicle alongside cars from automakers including Toyota, Subaru, Honda, Kia and Lexus. The Model 3 was chosen as one […]




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Panasonic is ending its solar cell partnership with Tesla

Panasonic said it will stop producing solar cells and modules at Tesla’s factory in Buffalo, N.Y., ending a four-year joint venture with the electric automaker.  Nikkei Asian Review was the first to report that Panasonic planned to end its production agreement with Tesla . Panasonic has since issued an announcement to explain its decision. Tesla […]




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Tesla prepares to bring back 30% of Fremont factory workers in spite of county order

Tesla is aiming to ramp up “limited operations” at its factory in Fremont, Calif., a decision that puts the company and its CEO Elon Musk in direct conflict with a stay-at-home order in Alameda County. Update: On Friday, Alameda County health officials said the automaker was told not to reopen. Employees received two emails — […]




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Tesla hasn’t been given the ‘green light’ to reopen Fremont factory, health official says

Tesla has not been given the “green light” to open its factory in Fremont, Calif., Alameda County Health Officer Dr. Erica Pan said in a videostreamed town hall meeting Friday. Tesla made plans to open as early as Friday in defiance of the county’s extended stay-at-home order. Tesla said in an internal email sent to […]




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As funding slows in Boston, its early-stage market could shine

Chris Lynch, a founder and former general partner at Boston-based seed-stage fund Accomplice, remembers “VC Mountain in Waltham.” Back then, entrepreneurs on funding quests would visit a building overlooking the Waltham Reservoir near Boston where they pitched to a few investors: Matrix Partners, Charles River Ventures and Highland Capital Partners. “And if they didn’t invest in […]




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Moshi, a sleep and mindfulness app for kids, raises $12M Series B led by Accel

“If your kids aren’t sleeping, you aren’t sleeping,” says Moshi founder and CEO Ian Chambers. As mindfulness apps grow increasingly popular among adults, Moshi is looking to bring mindfulness and meditative techniques to children. The app today announced the close of a $12 million Series B financing led by Accel, with participation from Latitude Ventures […]




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Meet TezLab, the Fitbit for Tesla vehicles

Some of the best real-time insights into Tesla and its global fleet of electric vehicles — outside the confines of its Silicon Valley headquarters — might be through the lens of TezLab, a tiny upstart in Brooklyn. Now, a little more than two years after its founding, TezLab is on the verge of hitting what […]




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Oura raises $28 million for its health and sleep tracking ring

Smart rings are still a relatively young category in the wearable hardware world, but the Oura Ring seems to be a standout in terms of early success. The Oura Ring hardware is sleek and packed with sensors, allowing it to measure a user’s sleep patterns, take your body temperature and track activity, and now Oura […]




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EIA's Annual Energy Outlook 2020 explores the changing U.S. energy mix through 2050 as consumption grows more slowly than production, particularly of oil, natural gas, and renewables, resulting in increasing exports and relatively stable CO2 emissions

The U.S. Energy Information Administration (EIA) released updated projections of future U.S. energy production and use in its Annual Energy Outlook 2020 (AEO2020) today.




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Residential propane price decreases slightly

The average retail price for propane is $2.02 per gallon, down half a cent from last week's price, and down 41.5 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.66 per gallon, down 1.1 cents from last week, and down 16.2 cents from a year ago.




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Residential propane price decreases slightly

The average retail price for propane is $2.01 per gallon, down 6-tenths of a cent from last week's price, and down 42.7 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.64 per gallon, down 9-tenths of a cent from last week, and down 17.9 cents from a year ago.




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Residential propane price increases slightly

The average retail price for propane is $2.01 per gallon, up 4-tenths of a cent from last week's price, but down 41.9 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.64 per gallon, down 4-tenths of a cent from last week, and down 17.9 cents from a year ago.




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Residential propane price decreases slightly

The average retail price for propane is $2.01 per gallon, down 4-tenths of a penny from last week's price, and down 42.1 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.63 per gallon, down 7-tenths of a cent from last week, and down 18.4 cents from a year ago.




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Residential propane price decreases slightly

The average retail price for propane is $2.00 per gallon, down 8-tenths of a cent from last week's price, and down 43.2 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.62 per gallon, down 1.1 cents from last week, and down 19.9 cents from a year ago.




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Residential propane price decreases slightly

The average retail price for propane is $1.99 per gallon, down 7-tenths of a cent from last week's price, and down 44.8 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.61 per gallon, down 9-tenths of a cent from last week, and down 20.9 cents from a year ago.




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Residential propane price decreases slightly

The average retail price for propane is $1.99 per gallon, down 3-tenths of a cent from last week's price, and down 44.6 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.61 per gallon, down 4-tenths of a cent from last week, and down 20.9 cents from a year ago.




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Residential propane price decreases slightly

The average retail price for propane is $1.98 per gallon, down 4-tenths of a cent from last week's price, and down 44.7 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.61 per gallon, down half of a penny from last week, and down 21.2 cents from a year ago.




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Residential heating oil price increases slightly

The average retail price for home heating oil rose by half of a penny from last week to $2.91 per gallon. That's down 31.1 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.83 per gallon, down half of a penny from last week, and down 34.8 cents from a year ago.




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Residential propane price decreases slightly

The average retail price for propane is $1.98 per gallon, down 4-tenths of a cent from last week's price, and down 45.3 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.60 per gallon, down half of a cent from last week, and down 22.1 cents from a year ago.




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Residential heating oil price decreases slightly

The average retail price for home heating oil fell by 3-tenths of a cent from last week to $2.90 per gallon. That's down 33.4 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.81 per gallon, down 1.2 cents from last week, and down 37.1 cents from a year ago.




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Australia's Slide on Female Economic Empowerment Continues - 07 Mar

Australia has fallen back to pre-2007 performance on female economic empowerment with one of the biggest annual declines among OECD countries according to PwC's annual Women in Work index.




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Tinder to add video dating next quarter, after slowing user growth due to coronavirus

Tinder will add a video dating feature in the second quarter of this year, parent company Match announced on Tuesday as part of its Q1 2020 earnings report. The company also detailed the coronavirus impact, which slowed Tinder user growth in the quarter, as social distancing requirements and government lockdowns went into effect. Match didn’t […]




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U.S. energy-related carbon dioxide fell by 2.8% in 2019, slightly below 2017 levels

U.S. energy-related carbon dioxide (CO2) emissions declined by 2.8% in 2019 to 5,130 million metric tons (MMmt), according to data in the U.S. Energy Information Administration's (EIA) Monthly Energy Review. CO2 emissions had increased by 2.9% in 2018, the only annual increase in the past five years. Because of continuing trends in how much energy the U.S economy uses and how much CO2 that energy use generates, energy-related CO2 emissions in 2019 fell more than energy consumption, which declined by 0.9% in 2019, and gross domestic product, which increased by 2.3% in 2019.




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Lorraine Kelly slammed by viewers for using her dog as a 'prop' on her show

Lorraine Kelly, 59, has been slammed by viewers after dressing Angus up as a butler while chatting to as 'Downton Abbey' star Phyllis Logan, with some claiming he was too hot under the studio lights.