Information-technology firms and construction-related companies dominate the fastest-growing industries in the U.S., according to new data from Sageworks, a financial information company. Computer systems design (and related services) sits atop the ranking of the 10 fastest-growing industries, having posted, on average, 18% sales growth for the 12 months ended Dec. 31, based on Sageworks’ financial […]
Daimler, Bosch and Warren Buffett are all racing to electrify trucking Tesla CEO Elon Musk announced earlier this year that an all-electric semi was already in development. He later teased its driving impressions during a Technology, Entertainment and Design conference. While the company plans to show off its electrified rig in coming days, Tesla is already facing competition from some […]
REUTERS The chief executive of Goldman Sachs, Lloyd Blankfein, has suggested holding another referendum on Brexit. Mr Blankfein tweeted: “Here in UK, lots of hand-wringing from CEOs over #Brexit… So much at stake, why not make sure consensus still there?” The firm, which is known to have taken office space in Frankfurt, employs about 6,000 […]
TOKYO (Reuters) – Japan’s SoftBank Group Corp (9984.T) said on Tuesday it was considering investing in Uber Technologies Inc [UBER.UL] but there was no final agreement at this stage. “If conditions on share price and a minimum of shares are not satisfactory for the SoftBank Group side, there is a possibility the SoftBank Group may […]
LISBON—Uber now has its eyes on the skies. In a talk Wednesday morning at the Web Summit conference here, chief product officer Jeff Holden outlined the ride-hailing firm’s plans to take commuters across major cities in electric-powered air taxis by 2020, starting in Los Angeles. But its plans to have four-passenger, vertical-takeoff-and-landing aircraft zip above […]
Bitcoin crashed more than 25% from Wednesday’s all-time high of $7,721 to a low of $5,617 on Sunday, according to data from CoinDesk. Over the weekend, bitcoin appeared to give up market share to bitcoin cash, a clone coin created to improve bitcoin’s slower transaction speeds Briefly, bitcoin’s market cap as a percentage of the total cryptocurrency […]
Keith Bliss of Cuttone and Company joins Yahoo Finance’s Alexis Christoforous from the floor of the New York Stock Exchange to discuss OPEC’s forecast that demand for oil from its members is set to rise 400,000 barrels per day in 2018.
Hock Tan Donald Trump Martin H. Simon/Bloomberg via Getty Images Mega-deal M&A transactions worth over $10 billion are surging back after a largely dormant first half off the year. Wall Street bankers say an improving global economy and confidence in the regulatory environment are playing a role. The looming threat of super-corporations like Amazon has many […]
Nvidia, Goldman Among 5 Bitcoin Stocks To Watch As Cryptocurrency Soars Depending on who you ask, Bitcoin is a bubble, a fraud, a money-laundering vehicle, a volatile mess or a crucial, necessary phase in monetary evolution. XAutoplay: On | OffStill, the currency, while down 9% on Friday, is up more than 600% this year. Until […]
iPhone maker completed a six-part, fixed-rate deal to raise the funds needed to pay dividends and buy back shares Apple Inc. issued $7 billion of debt on Monday, in its latest fundraising to finance a $300 billion shareholder rewards program. Apple AAPL, -0.33% issued 2-year, 3-year, 5-year, 7-year, 10-year and 30-year fixed-rate notes with the 10-year tranche […]
Open enrollment is here and lasts until mid-December. Initial signups have been strong. (Associated Press) Open enrollment for Obamacare began on Nov. 1, and more than 601,462 people signed up in the first four days. That’s considered a strong number — it’s up 179% compared to the same period last year, according to former Health and […]
Here’s a dirty little secret the TV companies would prefer that you didn’t know: You can’t see the difference between 4K and regular high definition. “4K” means four times as many pixels as on an HDTV in the same space. And from a normal seating distance, on standard TV sizes, the human eye can’t make out the […]
