Fire at Tesla factory in Fremont contained, won’t impact production

A fire broke out at Tesla’s car plant in Fremont, California, on Saturday night, in an area where the company stores some hazardous materials outside. While Tesla can manage some fires with its own internal brigade, the one on Saturday was contained within a few hours by the local Fremont Fire Department, and required a hazardous materials unit, Fremont Deputy Fire Chief Amiel Thurston told the East Bay Times. Tesla confirmed that no employees were injured and the fire would not impact vehicle p


A fire broke out at Tesla’s car plant in Fremont, California, on Saturday night, in an area where the company stores some hazardous materials outside. While Tesla can manage some fires with its own internal brigade, the one on Saturday was contained within a few hours by the local Fremont Fire Department, and required a hazardous materials unit, Fremont Deputy Fire Chief Amiel Thurston told the East Bay Times. Tesla confirmed that no employees were injured and the fire would not impact vehicle p
Fire at Tesla factory in Fremont contained, won’t impact production Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: lora kolodny, cnbc
Keywords: news, cnbc, companies, hazardous, production, factory, tesla, safety, vehicle, contained, tent, materials, ga4, wont, fremont, teslas, impact


Fire at Tesla factory in Fremont contained, won't impact production

A fire broke out at Tesla’s car plant in Fremont, California, on Saturday night, in an area where the company stores some hazardous materials outside.

While Tesla can manage some fires with its own internal brigade, the one on Saturday was contained within a few hours by the local Fremont Fire Department, and required a hazardous materials unit, Fremont Deputy Fire Chief Amiel Thurston told the East Bay Times.

Tesla confirmed that no employees were injured and the fire would not impact vehicle production.

The company has a history of frequent fires at this facility, including a significant one at its paint shop in April last year that temporarily halted electric vehicle production, and another outdoor fire (near a tent on the south side of the factory) in August.

This latest fire comes at a time when Tesla is defending its workplace safety record before California’s Division of Occupational Safety and Health.

In January, Cal-OSHA cited and fined Tesla for allegedly violating six different worker safety regulations in their “GA4” — or general assembly 4 — production line. GA4 is where workers produce some of Tesla’s Model 3 electric sedans under a giant tent structure. Tesla plans to appeal those citations.


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: lora kolodny, cnbc
Keywords: news, cnbc, companies, hazardous, production, factory, tesla, safety, vehicle, contained, tent, materials, ga4, wont, fremont, teslas, impact


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UK PM May to hold Brexit talks with EU’s Juncker; urges party unity

British Prime Minister Theresa May is to hold Brexit talks with European Commission President Jean-Claude Juncker next week, her office said on Saturday, following this week’s symbolic defeat in parliament which was widely interpreted as undermining her negotiating strength with the EU. Her office did not give a date for the talks but said May planned to speak to the leader of every EU member state over the coming days. On Monday, Brexit Secretary Steve Barclay will meet EU chief negotiator Mich


British Prime Minister Theresa May is to hold Brexit talks with European Commission President Jean-Claude Juncker next week, her office said on Saturday, following this week’s symbolic defeat in parliament which was widely interpreted as undermining her negotiating strength with the EU. Her office did not give a date for the talks but said May planned to speak to the leader of every EU member state over the coming days. On Monday, Brexit Secretary Steve Barclay will meet EU chief negotiator Mich
UK PM May to hold Brexit talks with EU’s Juncker; urges party unity Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: bloomberg, getty images
Keywords: news, cnbc, companies, eu, uk, urges, hold, office, planned, national, brexit, symbolic, northern, party, eus, defeat, irish, juncker, talks, unity, british


UK PM May to hold Brexit talks with EU's Juncker; urges party unity

British Prime Minister Theresa May is to hold Brexit talks with European Commission President Jean-Claude Juncker next week, her office said on Saturday, following this week’s symbolic defeat in parliament which was widely interpreted as undermining her negotiating strength with the EU.

Her office did not give a date for the talks but said May planned to speak to the leader of every EU member state over the coming days.

On Monday, Brexit Secretary Steve Barclay will meet EU chief negotiator Michel Barnier, it added in a statement.

On Tuesday, Attorney General Geoffrey Cox, will make a speech setting out what changes would be required to eliminate the legal risk that Britain could be trapped in a Northern Irish backstop indefinitely.

May’s defeat in last Thursday’s symbolic vote undermined her pledge to EU leaders that she could pass her deal with concessions primarily around the Irish backstop – a guarantee that there can be no return of border controls between the British province of Northern Ireland and EU-member Ireland.

The issue has become one of the main points of contention ahead of Britain’s planned departure from the EU next month after 45 years.

May’s office said she had written to her divided Conservative lawmakers urging them to overcome their differences over leaving the EU in the national interest.

“Our party can do what it has done so often in the past: move beyond what divides us and come together behind what unites us; sacrifice if necessary our own personal preferences in the higher service of the national interest …,” she wrote.


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: bloomberg, getty images
Keywords: news, cnbc, companies, eu, uk, urges, hold, office, planned, national, brexit, symbolic, northern, party, eus, defeat, irish, juncker, talks, unity, british


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Fire at Tesla factory in Fremont contained, won’t impact production

A fire broke out at Tesla’s car plant in Fremont, California, on Saturday night, in an area where the company stores some hazardous materials outside. While Tesla can manage some fires with its own internal brigade, the one on Saturday was contained within a few hours by the local Fremont Fire Department, and required a hazardous materials unit, Fremont Deputy Fire Chief Amiel Thurston told the East Bay Times. Tesla confirmed that no employees were injured and the fire would not impact vehicle p


A fire broke out at Tesla’s car plant in Fremont, California, on Saturday night, in an area where the company stores some hazardous materials outside. While Tesla can manage some fires with its own internal brigade, the one on Saturday was contained within a few hours by the local Fremont Fire Department, and required a hazardous materials unit, Fremont Deputy Fire Chief Amiel Thurston told the East Bay Times. Tesla confirmed that no employees were injured and the fire would not impact vehicle p
Fire at Tesla factory in Fremont contained, won’t impact production Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: lora kolodny, cnbc
Keywords: news, cnbc, companies, hazardous, production, factory, tesla, safety, vehicle, contained, tent, materials, ga4, wont, fremont, teslas, impact


Fire at Tesla factory in Fremont contained, won't impact production

A fire broke out at Tesla’s car plant in Fremont, California, on Saturday night, in an area where the company stores some hazardous materials outside.

While Tesla can manage some fires with its own internal brigade, the one on Saturday was contained within a few hours by the local Fremont Fire Department, and required a hazardous materials unit, Fremont Deputy Fire Chief Amiel Thurston told the East Bay Times.

Tesla confirmed that no employees were injured and the fire would not impact vehicle production.

The company has a history of frequent fires at this facility, including a significant one at its paint shop in April last year that temporarily halted electric vehicle production, and another outdoor fire (near a tent on the south side of the factory) in August.

This latest fire comes at a time when Tesla is defending its workplace safety record before California’s Division of Occupational Safety and Health.

In January, Cal-OSHA cited and fined Tesla for allegedly violating six different worker safety regulations in their “GA4” — or general assembly 4 — production line. GA4 is where workers produce some of Tesla’s Model 3 electric sedans under a giant tent structure. Tesla plans to appeal those citations.


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: lora kolodny, cnbc
Keywords: news, cnbc, companies, hazardous, production, factory, tesla, safety, vehicle, contained, tent, materials, ga4, wont, fremont, teslas, impact


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Russian aggression and ISIS fighters pose top challenges: Kosovo PM

As Kosovo pursues NATO and EU membership, its top challenges stem from Russian aggression and the return of ISIS fighters, its prime minister said during the Munich Security Conference Saturday. Asked by CNBC about which one the country’s government saw as the greater threat, the prime minister replied, “For us it’s both.” Despite the focus on homegrown jihadists out of countries like France, Belgium and the U.K., Kosovo actually had the most citizens per capita fighting in Syria of any European


As Kosovo pursues NATO and EU membership, its top challenges stem from Russian aggression and the return of ISIS fighters, its prime minister said during the Munich Security Conference Saturday. Asked by CNBC about which one the country’s government saw as the greater threat, the prime minister replied, “For us it’s both.” Despite the focus on homegrown jihadists out of countries like France, Belgium and the U.K., Kosovo actually had the most citizens per capita fighting in Syria of any European
Russian aggression and ISIS fighters pose top challenges: Kosovo PM Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: natasha turak, armend nimani afp getty images, armend nimani, afp
Keywords: news, cnbc, companies, eu, uk, prime, countrys, fighters, kosovo, isis, russian, told, minister, challenges, aggression, pose, security, worry, country


Russian aggression and ISIS fighters pose top challenges: Kosovo PM

As Kosovo pursues NATO and EU membership, its top challenges stem from Russian aggression and the return of ISIS fighters, its prime minister said during the Munich Security Conference Saturday.

Asked by CNBC about which one the country’s government saw as the greater threat, the prime minister replied, “For us it’s both.”

“What we call the Taliban or Islamists’ agenda, it was very aggressive toward us,” Ramush Haradinaj told CNBC’s Hadley Gamble.

Despite the focus on homegrown jihadists out of countries like France, Belgium and the U.K., Kosovo actually had the most citizens per capita fighting in Syria of any European country.

The officially secular majority-Muslim country has been under pressure to eradicate radicalization in the country as it endeavors to join the EU. As previously arrested extremists are released from prison, observers worry about the future of the country’s security.


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: natasha turak, armend nimani afp getty images, armend nimani, afp
Keywords: news, cnbc, companies, eu, uk, prime, countrys, fighters, kosovo, isis, russian, told, minister, challenges, aggression, pose, security, worry, country


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US behind China in the marketing of 5G: ex-national security advisor

The United States is lagging behind China in promoting its 5G technologies across the world, with officials only just “waking up” to its potential, a former U.S. national security advisor told CNBC Sunday. Superfast 5G mobile internet is expected to revolutionize the digital economy by enabling new technologies such as self-driving cars and the Internet of Things (IoT). Jones said that 5G would be the “most disruptive technology that’s going to come our way probably in this century.” Chinese fir


The United States is lagging behind China in promoting its 5G technologies across the world, with officials only just “waking up” to its potential, a former U.S. national security advisor told CNBC Sunday. Superfast 5G mobile internet is expected to revolutionize the digital economy by enabling new technologies such as self-driving cars and the Internet of Things (IoT). Jones said that 5G would be the “most disruptive technology that’s going to come our way probably in this century.” Chinese fir
US behind China in the marketing of 5G: ex-national security advisor Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: matt clinch, david becker, getty images
Keywords: news, cnbc, companies, company, jones, internet, security, 5g, china, zealand, technologies, exnational, potential, advisor, marketing, told


US behind China in the marketing of 5G: ex-national security advisor

The United States is lagging behind China in promoting its 5G technologies across the world, with officials only just “waking up” to its potential, a former U.S. national security advisor told CNBC Sunday.

“In the marketing of it we are behind,” General James Jones — who served as an advisor to former President Barack Obama and as supreme allied commander of NATO forces in Europe during George W. Bush’s presidency — told CNBC’s Hadley Gamble.

Speaking at the Munich Security Conference, he said that subsidies from the Chinese government had allowed the Asian nation to get ahead and produce technologies that were cheaper.

Superfast 5G mobile internet is expected to revolutionize the digital economy by enabling new technologies such as self-driving cars and the Internet of Things (IoT). Jones said that 5G would be the “most disruptive technology that’s going to come our way probably in this century.”

The next generation of wireless connectivity has the potential to transform “about all aspects of our society from banking to the medicine field, to the smart cities that we have ambitions for,” Jones said.

Chinese firms and Huawei in particular have recently faced global pressure when it comes to 5G. The company has been blocked from selling equipment to the U.S. for many years. However, other countries, including Australia, New Zealand and Japan, have in recent months also excluded the company from supplying components for 5G networks.


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: matt clinch, david becker, getty images
Keywords: news, cnbc, companies, company, jones, internet, security, 5g, china, zealand, technologies, exnational, potential, advisor, marketing, told


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Stocks rally on US-China trade deal but bond investors fear recession

“I think there’s a couple of things in the bond market that don’t connect to reality the way the equity market sees it,” said Hogan. Conversely, “I don’t think the bond market is behind that narrative,” Hogan added. “The bond market is looking at the economic data stream and reflecting on the negatives.” “Is the bond market expressing the longer term consensus? That is how the bond market is now responding to weak data — as if it is forecasting an economic storm, or even recession that may not c


“I think there’s a couple of things in the bond market that don’t connect to reality the way the equity market sees it,” said Hogan. Conversely, “I don’t think the bond market is behind that narrative,” Hogan added. “The bond market is looking at the economic data stream and reflecting on the negatives.” “Is the bond market expressing the longer term consensus? That is how the bond market is now responding to weak data — as if it is forecasting an economic storm, or even recession that may not c
Stocks rally on US-China trade deal but bond investors fear recession Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: patti domm, ralph orlowski, bloomberg, getty images, -chris rupkey, chief financial economist, mufg union bank
Keywords: news, cnbc, companies, recession, uschina, trade, fear, bond, trading, think, market, rates, growth, investors, stock, deal, stocks, pande, rally, fed


Stocks rally on US-China trade deal but bond investors fear recession

Trade talks between the U.S. and China appear to be making some progress and are scheduled to continue in the coming week. That has helped lift stocks, with the S&P 500 up 2.5 percent and the Dow gaining 3 percent in the past week.

The Federal Reserve’s about-face on policy in January has also helped lift stocks and keep bond yields low. After its Jan. 30 meeting, the central bank indicated it is not in a hurry to raise interest rates, and that it could slow down the process to reduce its balance sheet.

For their part, stock investors love low interest rates and an easy Fed. Lower rates also means bond yields do not need to move higher, particularly in an economy that is growing slower with no inflation pressures.

Important for investors is that when these two markets trade in the same direction, there ultimately is a breakout and one dictates direction.

“I think there’s a couple of things in the bond market that don’t connect to reality the way the equity market sees it,” said Hogan.

In his view, the stock market is moving higher based on three assumptions: An end to the U.S.-China trade fight, an accomodative Fed, and continued economic stability in both the U.S. and China.

Conversely, “I don’t think the bond market is behind that narrative,” Hogan added. “The bond market is looking at the economic data stream and reflecting on the negatives.”

Vinay Pande, head of trading strategies at UBS Global Wealth Management, said that the bond market is not trading as if it were reflecting the same growth expectations of the stock market. “Most economists think the economy is slowing, but we don’t know how much it’s slowing. That’s a bit of an issue for the Fed, and that’s why they’re going to be on hold.”

He explained that currently, bonds look as if they see growth a full percentage point below what economists have forecast. The median fourth quarter GDP growth forecast is 2.4 percent, while first quarter is 2 percent, according to CNBC/Moody’s Analytics Rapid Update.

“Is the bond market expressing the longer term consensus? No, it’s not,” said Pande. “The bond market is really trading like it’s a reinsurance market,” where reinsurers will raise prices with each successive event: If there were hurricanes five years in a row, they would still charge as though another hurricane was expected in the sixth year.

That is how the bond market is now responding to weak data — as if it is forecasting an economic storm, or even recession that may not come.

“There’s a muscle memory to this,” Pande added.


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: patti domm, ralph orlowski, bloomberg, getty images, -chris rupkey, chief financial economist, mufg union bank
Keywords: news, cnbc, companies, recession, uschina, trade, fear, bond, trading, think, market, rates, growth, investors, stock, deal, stocks, pande, rally, fed


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Tech bankers are making their money in the enterprise while Facebook and Google stay quiet

While big internet companies like Facebook and Google have been fairly quiet of late on the deal-making front, business software vendors have kept bankers quite busy. It’s been five years since Facebook purchased WhatsApp and Oculus, and about the same amount of time since Google bought Nest. “I think the real heart of the M&A market is actually much more enterprise-focused,” Ryan said. IBM spent $34 billion on Red Hat, Broadcom bought CA for $18.9 billion and SAP purchased Qualtrics for $8 bill


While big internet companies like Facebook and Google have been fairly quiet of late on the deal-making front, business software vendors have kept bankers quite busy. It’s been five years since Facebook purchased WhatsApp and Oculus, and about the same amount of time since Google bought Nest. “I think the real heart of the M&A market is actually much more enterprise-focused,” Ryan said. IBM spent $34 billion on Red Hat, Broadcom bought CA for $18.9 billion and SAP purchased Qualtrics for $8 bill
Tech bankers are making their money in the enterprise while Facebook and Google stay quiet Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: jordan novet
Keywords: news, cnbc, companies, making, bankers, companies, software, market, quiet, facebook, ryan, internet, spent, google, billion, think, salesforce, ma, money, enterprise, tech, stay


Tech bankers are making their money in the enterprise while Facebook and Google stay quiet

While big internet companies like Facebook and Google have been fairly quiet of late on the deal-making front, business software vendors have kept bankers quite busy.

“In some ways, consumer internet is a relatively sporadic M&A market,” said Colin Ryan, co-lead for Americas mergers and acquisitions at Goldman Sachs, at the bank’s Technology and Internet Conference in San Francisco this week.

It’s been five years since Facebook purchased WhatsApp and Oculus, and about the same amount of time since Google bought Nest. To the average consumer, MuleSoft and Red Hat may not be household names, but they’ve been huge deals for Salesforce and IBM, respectively, and have created fat paydays for M&A bankers. Private equity firms, meanwhile, have been actively buying up smaller cloud players.

“I think the real heart of the M&A market is actually much more enterprise-focused,” Ryan said.

Last year was huge in software. IBM spent $34 billion on Red Hat, Broadcom bought CA for $18.9 billion and SAP purchased Qualtrics for $8 billion. Additionally, Microsoft spent $7.5 billion on GitHub and Salesforce shelled out $6.5 billion on MuleSoft.

Newly public companies are also making big purchases. For instance, Twilio recently acquired SendGrid for $2 billion in stock.

Ryan said that with stock prices surging for emerging software companies, their valuations are a “good currency to go and pursue M&A to grow their business.”

And in the future, the biggest cloud providers could get more active in deals.

“I think there’s a real opportunity to capture some of – I’ll call it economic opportunity that exists up the stack beyond the infrastructure layer, whether in applications or somewhere between the two,” Ryan said.

WATCH: M&A activity will continue pace in this market, says Goldman CEO David Solomon


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: jordan novet
Keywords: news, cnbc, companies, making, bankers, companies, software, market, quiet, facebook, ryan, internet, spent, google, billion, think, salesforce, ma, money, enterprise, tech, stay


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Tech bankers are making their money in the enterprise while Facebook and Google stay quiet

While big internet companies like Facebook and Google have been fairly quiet of late on the deal-making front, business software vendors have kept bankers quite busy. It’s been five years since Facebook purchased WhatsApp and Oculus, and about the same amount of time since Google bought Nest. “I think the real heart of the M&A market is actually much more enterprise-focused,” Ryan said. IBM spent $34 billion on Red Hat, Broadcom bought CA for $18.9 billion and SAP purchased Qualtrics for $8 bill


While big internet companies like Facebook and Google have been fairly quiet of late on the deal-making front, business software vendors have kept bankers quite busy. It’s been five years since Facebook purchased WhatsApp and Oculus, and about the same amount of time since Google bought Nest. “I think the real heart of the M&A market is actually much more enterprise-focused,” Ryan said. IBM spent $34 billion on Red Hat, Broadcom bought CA for $18.9 billion and SAP purchased Qualtrics for $8 bill
Tech bankers are making their money in the enterprise while Facebook and Google stay quiet Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: jordan novet
Keywords: news, cnbc, companies, companies, bankers, think, ma, money, quiet, google, market, stay, tech, billion, internet, spent, salesforce, enterprise, ryan, software, facebook, making


Tech bankers are making their money in the enterprise while Facebook and Google stay quiet

While big internet companies like Facebook and Google have been fairly quiet of late on the deal-making front, business software vendors have kept bankers quite busy.

“In some ways, consumer internet is a relatively sporadic M&A market,” said Colin Ryan, co-lead for Americas mergers and acquisitions at Goldman Sachs, at the bank’s Technology and Internet Conference in San Francisco this week.

It’s been five years since Facebook purchased WhatsApp and Oculus, and about the same amount of time since Google bought Nest. To the average consumer, MuleSoft and Red Hat may not be household names, but they’ve been huge deals for Salesforce and IBM, respectively, and have created fat paydays for M&A bankers. Private equity firms, meanwhile, have been actively buying up smaller cloud players.

“I think the real heart of the M&A market is actually much more enterprise-focused,” Ryan said.

Last year was huge in software. IBM spent $34 billion on Red Hat, Broadcom bought CA for $18.9 billion and SAP purchased Qualtrics for $8 billion. Additionally, Microsoft spent $7.5 billion on GitHub and Salesforce shelled out $6.5 billion on MuleSoft.

Newly public companies are also making big purchases. For instance, Twilio recently acquired SendGrid for $2 billion in stock.

Ryan said that with stock prices surging for emerging software companies, their valuations are a “good currency to go and pursue M&A to grow their business.”

And in the future, the biggest cloud providers could get more active in deals.

“I think there’s a real opportunity to capture some of – I’ll call it economic opportunity that exists up the stack beyond the infrastructure layer, whether in applications or somewhere between the two,” Ryan said.

WATCH: M&A activity will continue pace in this market, says Goldman CEO David Solomon


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: jordan novet
Keywords: news, cnbc, companies, companies, bankers, think, ma, money, quiet, google, market, stay, tech, billion, internet, spent, salesforce, enterprise, ryan, software, facebook, making


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Trump urges European allies to take back hundreds of ISIS figthers captured in Syria

The United States is asking its European allies to “take back over 800” ISIS fighters that have been captured in Syria and put them on trial, President Donald Trump tweeted late on Saturday. Trump has sworn to pull U.S. forces from Syria after ISIS’s territorial defeat, raising questions over the fate of Washington’s Kurdish allies and Turkish involvement in northeast Syria. Trump said Saturday that the U.S. is asking Britain, France, Germany and other European allies to take back over 800 ISIS


The United States is asking its European allies to “take back over 800” ISIS fighters that have been captured in Syria and put them on trial, President Donald Trump tweeted late on Saturday. Trump has sworn to pull U.S. forces from Syria after ISIS’s territorial defeat, raising questions over the fate of Washington’s Kurdish allies and Turkish involvement in northeast Syria. Trump said Saturday that the U.S. is asking Britain, France, Germany and other European allies to take back over 800 ISIS
Trump urges European allies to take back hundreds of ISIS figthers captured in Syria Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: matt clinch, tj kirkpatrick, bloomberg, getty images
Keywords: news, cnbc, companies, syria, captured, trump, european, urges, forces, fighters, isis, begum, figthers, allies, interview, hundreds, states


Trump urges European allies to take back hundreds of ISIS figthers captured in Syria

The United States is asking its European allies to “take back over 800” ISIS fighters that have been captured in Syria and put them on trial, President Donald Trump tweeted late on Saturday.

“The Caliphate is ready to fall,” he said on the social media site. “The alternative is not a good one in that we will be forced to release them…”

U.S.-backed fighters in Syria are poised to capture the so-called Islamic State’s last, tiny enclave on the Euphrates, Reuters reported Saturday citing the battle commander, bringing its self-declared caliphate to the brink of total defeat.

Jiya Furat, the commander of the assault by the Syrian Democratic Forces (SDF), said they had cornered the remaining militants in a neighborhood of Baghouz village near the Iraqi border. Trump has sworn to pull U.S. forces from Syria after ISIS’s territorial defeat, raising questions over the fate of Washington’s Kurdish allies and Turkish involvement in northeast Syria.

Trump said Saturday that the U.S. is asking Britain, France, Germany and other European allies to take back over 800 ISIS fighters that had been captured and put them on trial.

The issue has come to the fore in Britain, in particular, after a recent interview with Shamima Begum — a Briton who traveled to Syria when she was 15 has been found in a refugee camp in northern Syria.

Now 19, Begum is also heavily pregnant. In the interview carried out in the camp, Begum said she did not regret joining ISIS. The U.K. government has taken a hard line, with the interior minister saying he “will not hesitate” to prevent the return of Britons who join the terror group ISIS.


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: matt clinch, tj kirkpatrick, bloomberg, getty images
Keywords: news, cnbc, companies, syria, captured, trump, european, urges, forces, fighters, isis, begum, figthers, allies, interview, hundreds, states


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Rocket start-up Relativity quadruples resources in a year, adds former SpaceX leaders

While the company is still working toward that first launch, the past year has seen Relativity pile up talent and resources. Relativity’s Terran rocket is aimed at the middle of the launch market – in a weight class between SpaceX’s large Falcon 9 rocket and Rocket Lab’s small Electron rocket. While both of those rocket makers have reached orbit multiple times, Relativity’s first launch is not expected for about two years. Relativity added David Giger as vice president of launch vehicle developm


While the company is still working toward that first launch, the past year has seen Relativity pile up talent and resources. Relativity’s Terran rocket is aimed at the middle of the launch market – in a weight class between SpaceX’s large Falcon 9 rocket and Rocket Lab’s small Electron rocket. While both of those rocket makers have reached orbit multiple times, Relativity’s first launch is not expected for about two years. Relativity added David Giger as vice president of launch vehicle developm
Rocket start-up Relativity quadruples resources in a year, adds former SpaceX leaders Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: michael sheetz, relativity space
Keywords: news, cnbc, companies, rocket, quadruples, adds, building, giger, relativitys, resources, really, relativity, leaders, team, startup, orbit, spacex, launch


Rocket start-up Relativity quadruples resources in a year, adds former SpaceX leaders

Thanks to an influx of capital in the past decade, there are more than 100 young rocket companies estimated to be racing to orbit, hoping to be among the first to sate demand from a new market of smaller spacecraft.

Relativity Space fits squarely among those aspiring rocket ventures but with a twist: The three-year-old start-up is building its rockets almost entirely using two-story-tall 3D printers, unlike any others in the world. While the company is still working toward that first launch, the past year has seen Relativity pile up talent and resources.

Relativity’s Terran rocket is aimed at the middle of the launch market – in a weight class between SpaceX’s large Falcon 9 rocket and Rocket Lab’s small Electron rocket. While both of those rocket makers have reached orbit multiple times, Relativity’s first launch is not expected for about two years. And Relativity’s valuation of about $100 million, using traditional venture capital metrics, is a fraction of Rocket Lab’s more than $1 billion and SpaceX’s $30.5 billion.

But a year ago, Relativity had about 10,000 square feet of space, 14 employees and one enormous world-class 3D printer.

Today, Relativity has more 60,000 square feet of real estate, 64 employees and is putting finishing touches on three additional 3D printers, each larger and more advanced than the company’s first printer. Among those new staffers are veterans of technology giants: SpaceX, Blue Origin, Tesla, Google’s Waymo, Virgin Orbit and more.

“At this point our team is just ridiculously legendary,” Relativity CEO Tim Ellis told CNBC. “These are literally the best people in the industry, period.”

Relativity added David Giger as vice president of launch vehicle development (he’s essentially in charge of building Relativity’s rocket) and Tim Buzza as a full-time adviser. Both Giger and Buzza were with SpaceX when the company was less than 50 employees and building its first rocket, the Falcon 1. They also knew Relativity co-founder Jordan Noone while at SpaceX.

“I’m really excited to really dive in with the team and get back into building a launch company … [as well as] to leverage those lessons learned from Falcon 1, from Dragon as well and help this team push the boundaries” Giger told CNBC.

Relativity also recently brought on Josh Brost, a nine-year veteran at SpaceX who joins the start-up as vice president of government business development. Ellis said that Brost “secured over $3 billion in contract with the U.S. government and commercial entities” while with SpaceX.

“It’s really the one-two punch: Brost, the person that was winning billions of dollars in contracts and Giger, the person executing billions of dollars of contracts,” Ellis said.


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: michael sheetz, relativity space
Keywords: news, cnbc, companies, rocket, quadruples, adds, building, giger, relativitys, resources, really, relativity, leaders, team, startup, orbit, spacex, launch


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