Russian authorities evacuated people from dozens of buildings in Moscow on Wednesday after a flurry of anonymous phone calls asserting the locations had been mined, RIA news agency reported. Three of Moscow’s main train stations were being checked on Wednesday, along with the city’s famous GUM department store near Red Square, and more than 20 […]
Read moreAs homeowners in Houston struggle to dry out and rebuild, they may also struggle to make payments on their mortgages. New estimates suggest as many as 300,000 borrowers will become delinquent on their loans and 160,000 could become seriously delinquent, that is, more than 90 days past due, when banks initiate foreclosure proceedings. This from […]
Read moreShares of Dolby Laboratories popped on Wednesday after Apple revealed several new products featuring Dolby technology. New Apple products, including the iPhone X and the new Apple TV 4K, will support video technology called Dolby Vision, Apple said on Tuesday a big launch event in Cupertino, Calif. Apple said that Dolby’s technology will help the […]
Read moreTarget is investing big to win the 2017 holiday shopping season. The big-box retailer announced Wednesday it will hire about 100,000 seasonal workers this year, a gain of more than 40 percent from last year’s 70,000. Target also said it will add 4,500 jobs at its distribution centers, in anticipation of more online orders. “Target […]
Read moreAmazon.com is preparing to open a 1 million square-foot warehouse near Mexico City, sources familiar with the project said, part of an effort to boost its presence in Mexico’s nascent e-commerce industry. The new warehouse is slated to be built in the Tepotzotlan municipality about 25 miles (40 km) north of the Mexican capital, according […]
Read moreRecords are being set monthly in the space industry, and private companies are the ones leading the surge. While companies like United Launch Alliance and SpaceX may get the glory, thanks to the enduring sex appeal of thundering rocket launches, spaceports are quietly driving the industry forward, acting as its critical backbone. “The standard that […]
Read moreIkea, everyone’s favorite Swedish furniture powerhouse, keeps on evolving, despite its comfortable status as the world’s foremost furniture and home goods retailer. Today, Ikea announced “Ikea Place,” an augmented reality app that lets consumers design rooms in their homes by virtually test driving furniture and home goods. Ikea Place will be available on iOS 11 […]
Read moreWhen Amazon acquired Whole Foods last month, it bought more than a grocery business; it also purchased 400-plus stores that could serve as return points for Amazon orders. Now, a startup called Happy Returns is building a nationwide network of return points inside malls and mom-and-pop stores in an attempt to give other e-commerce sites […]
Read moreCNBC’s Jim Cramer on Wednesday made his case for Apple‘s dominance in the U.S. smartphone market. “The Samsung ecosystem, I mean what is that? What is the Samsung ecosystem? It’s like the Nevada rainforest,” said Cramer, whose charitable trust owns Apple shares. Of course, the “Nevada rainforest” doesn’t exist. According to ComScore’s latest numbers, which […]
Read moreOne Wall Street analyst went against his bullish peers and was less than impressed with Apple’s latest iPhone unveil. The $999 price tag of Apple’s iPhone X represents a “substantial increase that seems justifiable only for relatively rich people who care deeply about the appearance of their phone,” wrote KeyBanc analyst Andy Hargreaves in a […]
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