Tesla Motors gave a sneak preview Thursday of its Model 3 sedan, saying more than 130,000 people had ordered the car, even though it is more than a year away from production. Tesla Chief Executive Elon Musk unveiled a prototype of the Model 3 in Hawthorne, California outside Los Angeles to hundreds of Tesla owners and the media, saying the vehicle will go into production in 2017 at a starting price of $35,000. Tesla shares have jumped in recent days in anticipation of the Model 3 launch.
By Jeff Mason and Matt Spetalnick WASHINGTON (Reuters) - U.S. President Barack Obama joined South Korean President Park Geun-hye and Japanese Prime Minister Shinzo Abe on Thursday, vowing to ramp up pressure on North Korea in response to its recent nuclear and missile tests. Meeting on the sidelines of a global nuclear security summit in Washington, the three leaders recommitted their countries to each others' defense and warned they could take further steps to counter threats from Pyongyang. Obama held separate talks with President Xi Jinping of China, the closest North Korea has to an ally, and said they both wanted to see "full implementation" of the latest United Nations sanctions against Pyongyang.
Eleanor Darragh, Sen. Ted Cruz’s mother, speaks during an campaign event with her son, his wife, Heidi (center left) and Carly Fiorina Wednesday in Madison, Wisconsin. In speech after speech, the Texas senator and Republican presidential hopeful has recounted for audiences the story of how his father fought for freedom in Cuba before escaping to the United States to embrace the American dream. Rafael Cruz’s biography has been the emotional and inspirational bedrock of son’s bid for the White House, and as such, he has been one of the senator’s busiest and most recognizable campaign surrogates.
A plan to raise California's minimum wage to $15 an hour by 2022 passed both houses of the state legislature on Thursday, putting the state on track to become the first in the nation to commit to such a large pay hike for the working poor. The measure, incorporating a deal Governor Jerry Brown reached with labor leaders and progressive Democrats in the Legislature, was approved in the state Senate Thursday afternoon after winning approval earlier in the day in the Assembly, and now goes to Brown for his signature. "If you work full time, your family shouldn't live in poverty," Assembly Speaker Anthony Rendon, a Southern California Democrat, said in support of the bill to raise the state's minimum wage from its current level of $10 per hour.
Donald Trump visited the headquarters of the Republican National Committee in Washington D.C. on Thursday afternoon. Both Trump campaign and the RNC did not immediately respond to requests for comment from Yahoo News about the meeting. Shortly after Trump launched his presidential campaign in June with a series of controversial comments about Mexican immigrants, Priebus reportedly urged Trump to “tone it down” in a phone call.