First, it was the best seller in the United States and now with so many qualities, Tesla Model S, a rear engine car, has got the highest demand of cars in Norway than any other cars. The second product in Tesla Motors, has got it’s selling price up to $110,000, with many consumers willing to pay $20,000 more. This is a car which can reach 60 mph in a matter of 5.4 seconds and produce no pollution.  Consumers are ready more for a second hand car than a new one just to experience the ride.

Not only is Tesla Model S car a luxurious and a valuable car, but it is also the best option for Norwegians because of the fact that it is a electric car. This would mean that consumers of Tesla Model S cars will be provided with subsidies, free of cost parking, government provided re-charging stations and will have greater rights on highways and tolls. With “extreme” demand and high satisfaction, both the consumers and producers in Norway enjoy the profit and the total utility. Compared to other conventional cars, such as the BMW Series 5, it can be said that Tesla Model S is more affordable in Europe.

http://www.theglobeandmail.com/report-on-business/international-business/european-business/teslas-110000-model-s-is-now-norways-best-selling-car/article14739655/

Nokia 7650, a Symbian Handset, which was first released by Nokia in 2002 has decided to end it’s support with Symbian and MeeGo from January 1, 2014 and onwards. Even though Symbian and MeeGo contents will be available for downloads in Nokia Store, they will not publish or update anything for these two phone companies. Hence, profit can only be made out of the apps that exist before January 1, 2014. Nokia has decided to invest on Ash and Windows Phone, which is a very predictable and good long-term decision moving forward.

It was expected of Nokia to support Symbian and MeeGo up till 2016. With the phone market getting more competitive as the time is progressing, Nokia has made a move which will keep them in the competition for a longer period of time as they are getting in business with the companies such as Ash, Microsoft and Windows Phone.

 http://www.techstake.org/2013/10/nokia-to-stop-supporting-symbian-and-meego-os.html

In the recent time, US government shutdown has been the breaking news worldwide. This has mainly impacted the workers and their paychecks. For the short or even long- term period, it could even impact the production and incentive of the workers depending on how long the shutdown will be for. By looking at the situation and events in hand, “financial crisis” is the first thing that comes into mind. Many say that the US shutdown could cause a bigger financial crisis that occurred back in 2008 or even the Great Depression. Hence, the US Government is in desperate need to reduce the financial crisis.

Sperling believes that increasing debt limit for short-term period would result in an economic boom, greater jobs, faster growth and efficient investment. However, it may not be the best alternative for long- term period as the debts will only increase. It is expected that the Treasurers would receive an amount of $30 billion by October 17th, which will be used to pay incomes. Another positive for US is that 350,000 will be back on work and those who have not received there paychecks will get it right after the partial government shutdown ends.

http://www.thestar.com/news/world/2013/10/07/us_government_shutdown_markets_rattled_as_default_looms_next.html