Stories about Money

Dec 09 2017

Alibaba inks smart auto deal

The new partnership was signed in a letter of intent between Hackett and Daniel Zhang, President and CEO of the Alibaba Group , at the Chinese firm's headquarters in Han...

Dec 06 2017

Next year's flagships may use Samsung's new 512GB internal flash storage

It is going to change soon, you will be seeing 512GB storage on the smartphones, especially, the Samsung flagships . It has built 64-layer 512 gigabit chips. Compared to...

Dec 05 2017

Cboe to Launch Bitcoin Futures Trading on Sunday

The move also comes amid a time of climbing prices of bitcoin . But the cryptocurrency could be poised to become a friend to institutional investors, with one of the lar...

Dec 01 2017

UC Davis Grad Students Protest House Tax Reform Bill

One provision under consideration would tax graduate student stipends, and if passed , that will lay a crushing tax bill on him. We are pleased that the Senate's tax r...

Nov 26 2017

Holiday shopping makes the season merry for Jeff Bezos

Gates hit the $100 billion mark back in 1999, and Bezos is the first since then to duplicate the feat. Earlier this year, Bezos overtook Gates as the world's richest per...

Nov 18 2017

Omaha unemployment rate hits 20-year low; state's lowest since 1999

The U.S. preliminary unemployment rate of 4.1 percent for October was little changed from 4.2 percent for September and down from 4.8 percent one year ago. That's an incr...

Nov 17 2017

Thanksgiving travel to grow, despite higher gas prices

AAA says that its prediction will mean that this is the highest volume of travelers since 2005 at Thanksgiving time, and that these travelers will be driving 50 miles or ...

Nov 17 2017

Norway's fund divestment proposal sends European oil index to one-month low

According to Norges Bank, their analysis of the oil price risk in Norway's overall wealth fund risk was based on future oil and gas revenues, and its direct holdings in S...

Nov 16 2017

Boeing signs off on a $1.3 billion deal at Dubai Airshow

The order consists of the A320neo and A321neo, the version remotorisée du best-seller for Airbus , according to this source. Boeing , the USA aerospace company, said ...

Nov 15 2017

'Oil era is far from over,' says IEA's annual report

Oil prices have risen in recent months, after both Opec and non-Opec countries struck a landmark deal at the end of past year to cut back production to combat a global oi...

Nov 12 2017

AT&T CEO: DOJ never demanded CNN sale in Time Warner deal

AT&T CEO Randall Stephenson said in a statement, "I have never offered to sell CNN and have no intention of doing so". "We are prepared to litigate now", Stephenson tol...

Nov 09 2017

Uber partners with NASA on flying taxis

It was presented at a technology conference Wednesday in Lisbon, Portugal (local time). Traveling at a hurtling 322 kph, an 80-minute commute in rush hour commute will ...

Nov 08 2017

Koenigsegg beats Bugatti to title of world's fastest vehicle

It achieved a two-way average of 270.49mph on Valentine's Day in 2014. American tuner, Hennesey, claimed it built the world's fastest vehicle with its 968kW, Lotus-based ...

Nov 03 2017

Facebook Shares Higher As Third-Quarter Results Crush Estimates

He said in the conference call that he expects Facebook expenses to increase anywhere from 45 to 60 percent for the 2018 fiscal year, or outpace expected sales. QUALCOM...

Oct 31 2017

Sprint/T-Mobile merger is off, preserving wireless competition (for now) ars_ab.settitle(1196461)

Sprint and SoftBank representatives didn't immediately reply to requests for comment. "Whether or not those issues on governance rise to the level of meaning the deal...

Oct 18 2017

'One and done' rate hints hit pound after 3% inflation

Carney noted that United Kingdom central bank's monetary policy is encouraging, and in future, United Kingdom economy could face various difficulties. The pound was littl...

Oct 15 2017

Wells Fargo & Co (WFC) Stock Falls on Q3 Revenue Miss

About 35.31M shares traded or 102.81% up from the average. It has underperformed by 7.03% the S&P500. 83,200 were reported by Glob Endowment Mngmt Lp. Rothschild Partners...

Oct 13 2017

USA flies bombers over Korean peninsula as Trump discusses options

The two US Air Force B-1B bombers were joined by two F-15K fighters from the South Korean military after leaving their base in Guam, South Korea's Joint Chiefs of Staff...

Oct 12 2017

ON Semiconductor Corporation (ON) Downgraded by Zacks Investment Research to Hold

The stock of Cypress Semiconductor Corporation (NASDAQ:CY) has "Buy" rating given on Thursday, June 22 by Mizuho. There are brokerage firms with lower targets than the ...

Oct 10 2017

Images show how wildfires are ravaging Northern California's wine country

The Atlas Fire, initially reported at 9:20 p.m. Sunday, had burned between 8,000 to 12,000 acres south of Lake Berryessa and off of Atlas Peak Road, according to Cal Fire...