After a complaint from U.S. steelmakers stating Chinese steel companies are shipping steel through Vietnam to secure lower tariff costs, the U.S. Department of Commerce is launching a formal investigation into whether Chinese steel companies at fault. How does the scam work? And how should American investors respond?
Read The Capitalist’s Take Here
Read More at Wall Street Journal Here
Read More at Reuters
TESLA TO END FREE SUPERCHARGING FOR NEW CAR BUYERS
In a blog post on Monday morning, the company announced that customers who buy cars after January 1, 2017 will have 1,000 miles of free charging. After those miles are used up, customers will have to pay for charging. Tesla didn’t release details about how much it would charge for use of the fast chargers, but promised it would unveil more details later this year.
Read More at Fortune Here
Read More at ABC Here
Read More at CNET Here
AMAZON HIRING HOUSE CLEANERS IN SEATTLE; POSSIBLY EXPANDING PRIME PERKS?
Amazon may be looking to hire a few housekeepers to spruce up its Prime members’ homes. The e-retailer put up two job postings on an Amazon website last month for Amazon Assistants in its hometown of Seattle.
Read More at CNET Here
Read More at The Seattle Times Here
Read More at Business Insider Here
Closing Bell
– Monday, November 7th
Markets Snap Streak, Close 2 Points Higher as Clinton Probe Dismissed
Big Insider Trades
– American Financial Group, Inc. (AFG) Co- President Craig Lindner Sells $3.25m
– Spectra Energy Partners, LP (SEP) CEO Greg Ebel Miles Buys $300k
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