KARE

3 injured in explosion reported at GM plant outside Detroit
KARE
DETROIT – Detroit firefighters were called to the scene Wednesday of an explosion at the General Motors assembly plant in Hamtramck, Mich., that injured three workers. The Detroit Fire Department confirmed that a pump led to the explosion at the …
Many questions in Detroit GM plant explosionWorld Socialist Web Site
3 hurt in minor explosion at GM Detroit-Hamtramck plantThe Detroit News
Explosion Reported at GM Plant in DetroitTheStreet.com
WNDU-TV –MLive.com –Fox Business –WPXI Pittsburgh
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Chicago Tribune

United gave toddler's seat away — and made his mom hold him for 3-hour flight
Chicago Tribune
United Airlines has apologized to a passenger who was forced to give up her 2-year-old son's seat and hold the child on a flight – until her leg and arm went numb. Shirley Yamauchi, a middle school teacher from Hawaii, was bound for a teacher's
United Airlines gives 2-year-old's seat away to standby passengerFox News
Mom Forced To Hold Toddler During Flight After United Sold His SeatHuffPost
United Airlines just screwed over another personNew York Post
Chron.com –Bloomberg –Dallas News –Fortune
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Reuters

Volvo's electric shift gives Tesla a shock
Reuters
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo. By Antony Currie | NEW YORK. NEW YORK (Reuters Breakingviews) – Volvo has just given Tesla a shock.
Production problems have Tesla deliveries saggingWashington Post
Tesla Investors Looking At Wrong Car For Future Company PerformanceSeeking Alpha
Tesla's Delivery Report Isn't Terrible, but Its Stock Has Been Priced for PerfectionTheStreet.com
CleanTechnica –CNBC –New York Post –The Daily Breeze
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MarketWatch

Cramer: These 10 Sectors Make Up for Letdown in Autos, Retail
TheStreet.com
Sometimes you have to wonder how the heck this market can stay up at these elevated levels when two of the most important sectors, autos and retail, just can't get out of their own way. Today's no different. It makes sense to be concerned. We are a
Stocks held back by slumps in energy, auto parts companiesSTLtoday.com
O'reilly Automotive, Inc. – ORLY – Stock Price Today – ZacksZacks Investment Research

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New York Times

Volvo, Betting on Electric, Moves to Phase Out Conventional Engines
New York Times
A Volvo plug-in hybrid at an auto show in Beijing in 2014. Credit Diego Azubel/European Pressphoto Agency. Volvo Cars on Wednesday became the first mainstream automaker to sound the death knell of the internal combustion engine, saying that all the …
Volvo Says It Will Stop Designing Combustion-Engine Only Cars By 2019Forbes
Volvo Gives Tesla a Shock, As Others Plan Electric PushFox Business
Volvo plans to electrify all of its cars. Are the days of the combustion engine numbered?Los Angeles Times
Minneapolis Star Tribune –Omaha World-Herald –Washington Post –Bloomberg
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BizNews

One of the Biggest Ethereum and Bitcoin Exchanges Got Hacked
Fortune
Hackers have stolen user data and money from Bithumb, one of the top five biggest Ethereum and Bitcoin cryptocurrency exchanges, the company said Friday. Bithumb said that the thieves stole a database of user information off the personal computer of an …
One of the world's biggest bitcoin exchanges has been hackedBusiness Insider
From Venezuela to Zimbabwe, Bitcoin adoption is surging – UP ProfessorBizNews
How two countries helped drive the recent rise in cryptocurrency pricesTechCrunch
BBC News –CoinTelegraph –ValueWalk –Nasdaq
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Yahoo Finance UK

There's pent up demand for the iPhone 8, say analysts. Here's what that means for Apple
Yahoo Finance UK
There's pent up demand for the iPhone 8, say analysts. Here's what that means for Apple. More. New analyst notes from Citi and Instinet suggest there's pent-up demand among consumers for the Apple iPhone 8, which is expected to launch this fall.
Munster: Apple's Stock Will Go 'Much Higher'Benzinga
Gulf International Bank UK Ltd Has $238.93 Million Position in Apple Inc. (NASDAQ:AAPL)Stock Observer
Apple Inc. (NASDAQ:AAPL) Stake Boosted by CrestPoint Capital Management LLCChaffey Breeze
Sports Perspectives –Yahoo Finance –StreetInsider.com –Forbes
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USA TODAY

Millions of student loans could be headed for a shakeup in coming months
USA TODAY
As Courtney Minor began a master's program in vocal performance, she made sure to heed some well-known advice: Stick to federal government student loans. In completing the two-year program at Longy School of Music of Bard College in Boston in 2009, …
Sen. Nelson wants to cap student loan rates at 4 percent, allow refinancingFirst Coast News
Sen. Bill Nelson unveils plan to reduce student loan interest ratesWKMG Orlando
Trump's budget slashes $9.2 billion from education spendingNorthdallasgazette
WMFE –Florida Politics (blog) –The Student Loan Report –GlobalCapital
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Perth Now

Reserve Bank of Australia keeps interest rates on hold
Perth Now
THE Reserve Bank has left official interest rates on hold as it pins its hope on the economy gradually improving over the rest of the year. Following its regular meeting this morning, the bank board left the cash rate at 1.5 per cent. It last changed

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Forbes

500 Startups' Dave McClure, Elizabeth Yin Resign As Sexual Harassment Claims Mount
Forbes
Following a surge in allegations of sexual misconduct by tech VC Dave McClure, both McClure and business partner Elizabeth Yin have announced they're parting ways with the firm, if on somewhat different terms. In the past week, Silicon Valley's
A Backlash Builds Against Sexual Harassment in Silicon ValleyNew York Times
Employee email claims 500 Startups leadership delayed acknowledging McClure's harassment, as new allegations …TechCrunch
Dave McClure Quits 500 Startups Over Sexual Harassment ScandalFortune
CNBC –Business Insider –CNNMoney –U.S. News & World Report
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