Musk Doubles Down on Tesla Cash Claim Doubted by Analysts

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Musk Doubles Down on Tesla Cash Claim Doubted by Analysts

That's a rosy outlook relative to Wall Street expectations. Tesla is projected to burn through about $994 million in the second half of the year, according to analysts' average estimates compiled by Bloomberg. Analysts also are expecting adjusted net losses of about $192 million and $35 million in the third
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Trump's Right About This: The Post Office Needs Reform

So President Donald Trump wants to reform the U.S. Postal Service. Shall we welcome him to the club? QuickTake Q&A: Amazon and the Post Office. Let's put aside for a moment the real (and futile) purpose of Thursday's executive order calling for postal reforms: He wants to put the hurt on one of the
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Gasoline prices likely to rise by summer

OKLAHOMA CITY – Gasoline prices likely will climb to multi-year highs this summer, backed largely by higher oil prices, government and industry leaders said Thursday.
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Trump Lawyer's Bad Week Gets Worse With Confirmation of Criminal Probe

Michael Cohen's bad week reached a crescendo Friday as federal prosecutors confirmed he's a target of a criminal investigation and a judge ordered him to appear in court Monday with a list of his clients. The week started for Cohen, long known as President Donald Trump's “fixer,” with an FBI raid on
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GE books $4.2 billion charge, restates earnings as expected

NEW YORK (Reuters) – General Electric Co (GE.N) said on Friday it took a $4.24 billion equity charge and reduced earnings for the last two years by 30 cents a share, figures in line with expectations the company set earlier this year when it said it would comply with new accounting standards.
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