Records 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 […]
Read moreThe positive feelings driving strength in the stock market and the economy could disappear if any of the geopolitical trouble spots were to heat up, Starwood Capital’s Barry Sternlicht said Wednesday. He also cited the wranglings in Washington over tax reform as another layer of unpredictability. “It feels like the ocean is full of money. […]
Read moreNordstrom shares opened 5 percent higher Wednesday after CNBC reported a Nordstrom family group was closing in on a deal with a private equity firm to help take the department store private. Nordstrom family members were close to choosing Leonard Green & Partners to help fund a buyout of the eponymous department store, people familiar […]
Read moreHere at Niantic we are incredibly excited about the transformative power of augmented reality. Why? To populate the world with cute and cuddly 3D characters? Well, yeah, we think that’s a cool idea. But something even bigger than that is at stake — whether we build technology that serves us or increasingly become servants to […]
Read moreJapan’s Mitsubishi UFJ Financial Group Inc (MUFG) said it has picked Amsterdam as its European Union investment banking base, as financial institutions prepare for Britain’s exit from the EU. Japan’s largest lender is following the footsteps of other banks and financial services firms that are setting up regulated subsidiaries in an EU country so that […]
Read moreAt a White House press conference last year, then Equal Employment Opportunity Commission (EEOC) chairwoman Jenny Yang stated that, “Pay discrimination goes undetected because of a lack of accurate information about what people are paid.” To address this issue, the Obama administration instructed employers to report information about employees pay, gender, race and ethnicity. But […]
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