Here’s the full transcript of Donald Trump’s 2020 State of the Union address

U.S. President Donald Trump made his 2020 State of the Union address Tuesday night — the eve of his impeachment trial.

Trump extolled his accomplishments in strengthening the economy’s strength and reducing unemployment while decrying the danger of “socialism,” in turn receiving a divided response from a partisan audience.

Here’s the full transcript of Trump’s address:

Auto Expo 2020: MG Motor India lines up 14 global models, including Marvel X

Marvel X’s augmented reality maps make navigation more precise and visual – allowing the vehicle to autonomously find a parking bay and park itself, says company

MG Motor India, which is participating in the Auto Expo for the first time, has showcased a line up of 14 global models at the event, including Marvel X — world’s first mass produced autonomous car.

Marvel X comes with integrated internet, electric, and autonomous capabilities. “Its augmented reality (AR) maps, for instance, make navigation more precise and visual – allowing the vehicle to autonomously find a parking bay and park itself,” the company said.

Similarly, the Vision-i Concept is touted as “the world’s first 5G zero-screen smart cockpit” and is being developed as a category-defining vehicle that will be the best carrier for 5G travelling scenarios. The futuristic concept car comes equipped with multiple handsfree driving modes such as education, leisure, driving, sleeping or meeting.

MG Motor had the capability to introduce some of these technologies in the next few years in the Indian market, Rajeev Chaba, President & Managing Director, MG Motor India, said.

The new entrant in the Indian automobile market currently sells Hector and the ZS EV.

Budget Chat@4: How to invest in stocks

Join Ajit Mishra in an online chat on how you should invest in the stock markets in the light of the Union Budget 2020-21 proposals.

Illustration: Uttam Ghosh/Rediff.com

With the bellwether Sensex and Nifty recovering their Budget-day losses on Saturday in the first two trading days of the week, the stock markets seem to have stabilised from the Budget effect as well as the economic impact of the deadly Corona virus on world markets.

Historically, while the stock markets have always reacted and over reacted to domestic and global events, disciplined, long-term investors need not fear these ups and downs. But then market upheavals, the bear-runs and bull-runs are all part of an investor’s investing journey and they need to take these in their stead.

Now that the Union Budget 2020-21 is behind us, how should investors approach the markets in the year ahead? What stocks, sectors should they look forward to or avoid?

Ajit Mishra, vice president, Research, Religare Broking, will be answering these and many such questions in an online chat with readers on February 5, between 4 pm and 5 pm.

Click here to join the chat and post your queries.

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Twitter Users Hail ‘Queen’ Pelosi For Ripping Up Trump’s ‘Garbage’ Speech

It was the rip heard ’round the world. 

House Speaker Nancy Pelosi (D-Calif.) took the thunder out of President Donald Trump’s State of the Union speech on Tuesday night by ripping it up as he finished speaking. 

“It was the courteous thing to do, considering the alternatives,” Pelosi said in response to a reporter as she left the event.

The ending capped off an evening that began with an icy moment between the two: Trump appeared to snub Pelosi’s offer of a handshake, and she dispensed with part of the traditional introduction to the president.  

The speech’s dramatic conclusion quickly trended on Twitter ― with many Pelosi supporters hailing her act of defiance:

China says Cambodia Prime Minister Hun Sen to visit China

BEIJING (Reuters) – China’s Foreign Ministry said Cambodian Prime Minister Hun Sen would visit China on Wednesday.

Ministry spokeswoman Hua Chunying made the announcement at a daily news briefing in Beijing.

Cannabis marketing company Fyllo moves to Dumbo Heights

Dumbo Heights is going to pot.

Cannabis marketing compliance technology platform Fyllo, which ensures advertising conforms to government regulations, has moved to its own space in Brooklyn’s Dumbo Heights.

Chicago-based Fyllo had 10 employees in a co-working space at 55 Broad’s Bond Collective and will hire another 10 now that it’s in the new Brooklyn office.

The 2,800-square-foot space is a penthouse carved out of a portion of the 12th floor at 77 Sands St. in Dumbo Heights. It includes private roof space.

The building is one of several that belonged to the Jehovah’s Witnesses and were sold and renovated to attract tech companies.

Fyllo was represented by Joseph R. Cybulski of CBRE. The ownership group of RFR, Kushner and LIVWRK is represented by Newmark Knight Frank and rents are in the $60-per-square-foot range.

Founded by Chad Bronstein in March, Fyllo has already been showered with $18 million in venture capital funds.