Tesla needs over $1 billion in cash over the next 6 months, and Wall Street is going nuts figuring out where it’s going to come from

Tesla needs over $1 billion in cash over the next 6 months, and Wall Street is going nuts figuring out where it’s going to come from

Between the moment you’re reading this and the end of 2018 Tesla needs to come up with about a billion dollars to give to creditors. And right now it doesn’t look like the company has it. So forget the libel lawsuits and the Twitter wars, the SEC investigations and tearful interviews from CEO Elon Musk. Forget the race to 5,000 Model 3s and the “production hell” turned “delivery hell” and all the hours of rework. Try to forget all the drama with hip-hop star Azealia Banks (if you possibly can). Remember instead that Tesla is –…

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Calvin Klein and Tommy Hilfiger are sending a clear signal that Amazon is the future of fashion, and it’s terrible news for department stores

Calvin Klein and Tommy Hilfiger are sending a clear signal that Amazon is the future of fashion, and it’s terrible news for department stores

One of the biggest fashion retailers in the US is going all-in on Amazon, and it’s telling of where fashion is headed. According to a recent report from Nomura, Amazon now offers a bigger selection of Calvin Klein and Tommy Hilfiger clothing than Macy’s and JCPenney do. These brands, both owned by PVH Corp, have historically had a strong presence in department stores. However, Nomura data shows that they are shifting away from this channel in search of greener pastures. While department stores have struggled in recent years, Amazon has…

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Open for inspection: The best properties for sale in Melbourne right now

Open for inspection: The best properties for sale in Melbourne right now

19 Callantina Road, Hawthorn. Photo: Kay & Burton Domain’s expert guide to the best properties on the market in Melbourne this week. 19 Callantina Road, Hawthorn 6 bedrooms, 6 bathrooms, 5 car spaces When it comes to prime real estate close to top-flight schools, this A-grade inner-east property on 1136 square metres is first-class and a fence line away from Scotch College campus. “It is the perfect home, a Scotch parents’ dream, particularly for a family with three school-age children,” its agent says. The Briars boasts 1890s establishment pedigree and prestige 21st century smarts,…

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Strokes are linked to dementia, increases risk of the brain disease by 70%

Strokes are linked to dementia, increases risk of the brain disease by 70%

People who have suffered a stroke are more likely to develop dementia, a study conducted by the University of Exeter Medical School confirmed. The study involved an analysis of 3.2 million people across the world. Researchers found that the link between stroke and dementia persisted even after taking into account other dementia risk factors such as blood pressure, diabetes and cardiovascular disease. “We found that a history of stroke increases dementia risk by around 70%, and recent strokes more than doubled the risk. Given how common both stroke and dementia are, this strong…

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If you feel very sleepy during the day, you might be at risk of getting Alzheimer’s

If you feel very sleepy during the day, you might be at risk of getting Alzheimer’s

People who feel very sleepy during the day are nearly three times more likely to develop Alzheimer’s disease than those who do not, a long-term study has found. The study, published in the journal SLEEP, found that adults who reported being very sleepy during the day were thrice more likely to have brain deposits of beta amyloid, a protein that is a hallmark for Alzheimer’s, years later. Researchers at Johns Hopkins University in the US suggest that getting adequate nighttime sleep could be a way to help prevent Alzheimer’s disease….

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Passion, career, and the constant dilemma

Passion, career, and the constant dilemma

Higher education choices need not necessarily determine one’s career. The main point of education is to develop critical thinkingskills that can be used in any career. In India, the concepts of “higher education” and “career planning” are often conflated. Parents think of higher education choices as determinants of a child’s career, expecting a clear and direct connection between what their child will study and what his or her career will be. This logic has worked for those pursuing careers in medicine and law. Today, however, most higher education choices rarely…

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E-cigarettes are as dangerous as smoking. It can double the risk of heart attack

E-cigarettes are as dangerous as smoking. It can double the risk of heart attack

A new study has found that smoking an e-cigarette on a regular basis could double the risk of a heart attack. According to a new analysis of a survey of nearly 70,000 people, led by researchers at UC San Francisco, the dual use of e-cigarettes and conventional cigarettes appears to be more dangerous than using either product alone. The study also found that the risks compound, so that daily use of both e-cigarettes and conventional cigarettes raises the heart attack risk five-fold in comparison to the people who don’t use…

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Snacking on almonds in the morning can help lower cholesterol, glucose

Snacking on almonds in the morning can help lower cholesterol, glucose

A morning snack of almonds may reduce total cholesterol, and improve the body’s ability to regulate blood sugar in breakfast-skipping college students, a study claims. Many college students tend to skip meals, mostly breakfast, while they transition to a more hectic independent lifestyle, said researchers from the University of California Merced in the US. According to the American Heart Association, daily breakfast consumption may decrease cardiometabolic risk factors including blood sugar and insulin metabolism, they said. “This study, the first among a college student population, shows that for those who…

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Cancer rarely affects elephants, here’s the real reason behind it

Cancer rarely affects elephants, here’s the real reason behind it

Researchers have identified a “zombie” gene that protects elephants from cancer, a finding that may pave the way for a new treatment for humans. Globally, nearly 1 in 6 human deaths occur due to cancer, whereas less than 5% of captive elephants — who also live for about 70 years, and have about 100 times as many potentially cancerous cells as humans — die of the disease. Humans and elephants have one copy of the master tumour suppressor gene p53, which recognises unrepaired DNA damage — a precursor of cancer and…

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Move over cold medicines, exercise is the best cure for a runny nose

Move over cold medicines, exercise is the best cure for a runny nose

If you wish to fight the cold, you better start running. According to a study, conducted by the University of Guelph and the University of Copenhagen, exercise could help people exposed to extreme temperatures protect themselves from the cold. Shivering is one of the first defences against cold and it boosts the body’s heat production. Shivering can only warm you up for so long and after a few hours your muscles will run out of fuel and will grow too tired to contract. Exercise helps build-up muscle in the limbs…

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