Officially, Apple has no presence in Iran. Because of American sanctions against the country, the company’s iPhones are not legally available for sale here, and Apple does not offer a version of its App Store in the country. That has not stopped Iranians from snapping up millions of iPhones smuggled in from places like Dubai […]
Read moreClosely followed trader Art Cashin said Friday that “a sense of frustration will build” in the market if President Donald Trump and Congress can’t get their act together on tax reform. “The fact that they’ve failed on a couple of levels. If it doesn’t look like they’re putting their act together on something like taxes […]
Read moreTesla and SpaceX CEO Elon Musk has repeatedly said society needs to be more concerned about safety with the increased use of artificial intelligence. “If you’re not concerned about AI safety, you should be,” Musk recently tweeted. TWEET Jenny Dearborn, chief learning officer at software solutions company SAP, agrees. In fact, she says it’s critical […]
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Trillions of dollars in U.S. corporate profits held abroad are more likely to finally come home with the latest developments out of Washington. White House economic advisor Gary Cohn told the Financial Times that the tax reform plan will include a one-time low repatriation tax rate for corporate profits held overseas. He said the specific […]
Read moreAppearing at a gathering of U.S. governors this February, the Trump administration’s top transportation official pledged she would work swiftly to help put more self-driving cars on the country’s roads. “There’s a lot at stake in getting this technology right,” Secretary Elaine Chao stressed at the time. Six months later, however, the Trump administration has […]
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Tech teams around the world prepare to compete at the SpaceX Hyperloop competition
More than 20 teams developing pods to work on the hyperloop, the superfast transport system, are heading to California this weekend to test their devices at SpaceX’s test track. The student teams from universities and technology colleges around the world will be testing their pods to see who can achieve the maximum speed on the […]
Read moreMilk prices are set to rise in Europe as the continent faces a shortage of milk, cream and butter by Christmas, the head of one of the world’s biggest dairy companies said on Friday. Global milk prices, which are up about 28 percent from 12 months ago after producers cut output, have stabilised in recent […]
Read moreBritain said on Friday it had received the additional advice it had requested on Rupert Murdoch’s bid to buy broadcaster Sky, and it would decide whether to refer the deal for an in-depth review as soon as possible. Regulator Ofcom was asked to look again at the deal earlier this month after opponents lobbied Minister […]
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WITH 1.4bn passengers annually, the London Underground is one of the world’s busiest transport systems. It is also one of the most crowded, sometimes producing an element of friction among commuters over small acts of inconsideration. This week YouGov released the results of a survey of the things that most wind up passengers as they […]
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‘The bulls remain in firm control’: Why some investors are pouring thousands into rare whisky
Investment in old, rare and exclusive bottles of whisky is booming, according to analysts. In the U.K. alone, the value of collectable bottles of Scotch sold at auction broke a record high of £11.18 million ($14.34 million) in the first half of 2017 – a rise of 94 percent from the first half of 2016 […]
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