Tesla Reports Progress in Model 3 Production

Supported by Business Day Tesla Reports Progress in Model 3 Production Photo A Model 3 sedan, Tesla’s first car built for the mass market, at a company event in Hawthorne, Calif., in 2016. Credit Joe White/Reuters Tesla said on Tuesday that it had produced almost 10,000 Model 3 electric cars in the first three months of 2018, a significant increase from the fourth quarter of last year but still short of the goal that investors hoped the company would reach.
The company said it had expanded output of the Model 3, its first mass-market offering, by “rapidly addressing production and supply chain bottlenecks, including several short factory shutdowns to upgrade equipment.”
The Model 3 is critical to Tesla’s efforts to shore up its finances and generate revenue to repay investors and to develop other vehicles, including an electric truck.
In the past seven days, Tesla said, it produced 2,000 Model 3 vehicles, a rate it expects to sustain in the coming week.
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Recent Commercial Real Estate Transactions

Supported by Commercial Real Estate Recent Commercial Real Estate Transactions Photo A five-story mixed-use 2001 building at 641 President Street in Park Slope, Brooklyn, was one of three buildings in a $12.6 million deal. RECENT SALE$12.6 MILLION
641 President Street and 682 Union Street (between Fourth and Fifth Avenues)
Park Slope, Brooklyn
A local private investor has bought these two properties, consisting of three interconnected buildings, which together offer a cap rate of 5.1 percent. Two of the buildings, adding up to 13,850 square feet, are at the 641 President Street address. A mixed-use, 25-foot-wide, five-story elevator building there, completed in 2001, features four market-rate apartments — two one-bedrooms and two two-bedrooms — as well as a vacant ground-floor retail space, once a cafe and juice bar. A long hallway from it leads into the second building, a fully occupied 17-unit, two-story 1920 office building. The office building has an exit at 682 Union Street, ..

RAC forced to apologise to customers after breaking financial watchdog's insurance rules

The regulator brought in new rules around renewal premiums last April, and reminded insurers of them in October
The financial watchdog has forced the RAC to contact its customers after finding it failed to provide proper information about insurance renewals.
The Financial Conduct Authority (FCA) brought in rules last year which require companies to clearly show the insurance premium a customer paid last year alongside their proposed renewal premium, and to show a prominent, clear and straightforward message to encourage customers to shop around.
Read more Car insurance premiums rise in last quarter of 2017 On Tuesday the regulator said the RAC was “failing to display the prior and current year premiums, and shopping around message as key information in its breakdown policy renewal documentation”.
“It is simply unacceptable to see that some firms are still not being properly transparent with their customers a year on from the introduction of the rules. Firms failing to get this ..

Tech Tip: Cleaning Out Addresses in Mail App

Cleaning Out Addresses in Mail App Q. When I write emails to colleagues and friends after typing the first several letters of the email address on my Mac using the Mail app, the program automatically fills in the balance of the address. I have 20 years of history of email, and often the address used is no longer the correct one. How do you get rid of old addresses?
A. When some of the email addresses in the Mail program’s memory become obsolete, you can prune the outdated entries or update them on the spot. In the Mail app, go to the Window menu and choose Previous Recipients. The Previous Recipients box opens with a list of addresses you have used for earlier messages.
To delete an old address, select it and click the Remove From List button in the bottom-left corner of the box. To select multiple names for removal at once, hold down the Mac’s Command key and click through the list.
Photo The Previous Recipients box in the Mac's Mail program gives you the chance to delete outda..

On the Runway: Men’s Wear Just Had a Huge Designer Reshuffle: What Does it Mean?

Supported by Fashion & Style Men’s Wear Just Had a Huge Designer Reshuffle: What Does it Mean? Photo Kris Van Assche, shown at the end of the spring 2017 Dior Homme show in Paris, is becoming the artistic director at Berluti. Credit Francois Guillot/Agence France-Presse — Getty Images British cabinet reshuffles have nothing on the men’s wear world. On Tuesday, LVMH Moët Hennessy Louis Vuitton announced that Kris Van Assche would become the new artistic director of Berluti, completing the final move in what may be the biggest reinvention yet of the men’s side of the world’s largest luxury group.
Not that the announcement put it that way, exactly. What Antoine Arnault, chief executive of Berluti, said in a brief statement was simply, “I am delighted to welcome Kris Van Assche to Berluti. I have known him for several years, have always admired his work at Dior Homme and I am looking forward to working with him.”
Look at the bigger picture, however.
Hedi Slimane, who spent seven years..

Winnie Madikizela-Mandela reveals South Africa’s uncomfortable truths

In 2010, when Alice Walker was in South Africa to deliver the annual Steve Biko Memorial Lecture, I was invited to interview the great American writer. It was Walker's first visit to the country, and for reasons I could not fathom at the time, the director of the Steve Biko Foundation presented me with a list of subjects that were off-limits. Top of the list was Winnie Madikizela-Mandela.