Tesla misses target with lower second quarter deliveries
Tesla Motors reported 14,370 vehicles for the quarter including 9,745 Model S and 4,625 Model X, about 15 percent below May projections though total output rose 20 percent to 18,345 from Q1 to Q2. Analysts note supply and demand dynamics as the company aimed for 20,000 units.
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Auto loan rates snapshot from Informa Research Services
USA TODAY summarizes new and used auto loan rates from Informa Research Services. The report lists current, six month ago, and year ago rates for 4-year new, 5-year new, and 4-year used loans with percentages around 3.2 to 3.6 percent. Analysts Jae Yang and Veronica Bravo note minor shifts over time.
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Minimum wage gains surge as lowest earners lead increases
Wages rise for low paid workers across Maryland Oregon and 13 cities including Los Angeles San Francisco Chicago Washington DC and Louisville amid rapid hikes. Pay floors reach up to 13 to 14.82 an hour in parts of California. The trend boosts bottom earners faster than higher paid workers and fuels political and business responses nationwide.
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Source Employment Policies Institute
Facebook adds peer to peer fundraising on its platform
Facebook rolls out personal fundraising campaigns allowing US users to raise money for 501 c 8 nonprofits from friends. The program, led by Naomi Gleit and the Social Good team, directs 2 percent to platform costs and 3 percent to processing while expanding to all US users in coming weeks with partners such as The Nature Conservancy, Alzheimer's Association, Girls Prep Campaign and Oxfam.
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