Sherry Knowles has a very personal interest in defending intellectual property — she believes it saved her life. Ms Knowles, herself a patent lawyer, fears that the treatment that helped her combat breast cancer, a medicine known as Adriamycin, would not have been produced if the tighter patent regulations introduced over the past decade had […]
Read moreMounting credit concerns and lethargic profit margins will plague “weak” Citigroup earnings over the next two years, said one Wall Street research firm. Societe Generale reduced its rating on Citigroup shares to sell from hold Monday, citing deteriorating credit trends and increased loan loss provisions as detailed in the bank’s most recent earnings report. “Although […]
Read moreThe new iPhone X will drive Apple’s smartphone sales to a new record, according to one Wall Street firm. GBH Insights started coverage for Apple shares with a “highly attractive” rating, predicting the company will report better than expected iPhone unit sales next year. “We believe the iPhone X product cycle could be the strongest […]
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Oil prices closed in on the highest level in six months as a conflict in Iraq spilled over into one of the nation’s key crude-producing hubs. Iraqi forces on Sunday launched a campaign to retake control of the area surrounding Kirkuk, an ethnically diverse area controlled by the semiautonomous Iraqi Kurdistan region. Government troops took […]
Read moreStep aside, Furby. This experimental robot’s language skills are way cooler and way more useful. In a few years, it could even help deaf and hearing children learn their first language. The device, called the Robot Avatar Thermal-Enhanced prototype (or, more commonly, RAVE) could someday hang above an infant’s crib, detect when they’re ready to […]
Read moreJames Green says an Apple Watch saved his life. Late last week, Green posted an image from the hospital noting that the “stupid lil wrist computer [he] bought 2 years ago” saved his life after it notified him of a spiking heart rate. It turns out, according to Green, that he had a pulmonary embolism, […]
Read moreApple’s new campus is almost finished. A new drone video shot by Matthew Roberts, who has been following the construction since it began, shows a nearly complete headquarters that’s now getting the finishing touches. In the video, viewers will note that much of the landscaping inside the center of the Cupertino, California, campus is well […]
Read moreA race to dominate the rapidly growing smart bike market is on: Pioneering, unicorn-financed Chinese start-ups Ofo and Mobike are facing off in the United States with pumped-up Silicon Valley-based rival LimeBike. Freshly loaded with $50 million more in investment and geared up to launch in 10 more U.S. cities this year, LimeBike is pedaling […]
Read moreCurrency, United States Finance
Italy's new 'Rosatellum' law could see early elections that favor the mainstream parties
Italy’s Lower House has passed a law that will make it increasingly difficult for anti-establishment party Five Star (M5S) to win in the country’s next round of elections. Lawmakers approved the legislation in a “secret vote” last Thursday. It passed with a large majority — 375 yes votes versus 215 no votes — with the […]
Read moreThe founder of New York’s beloved burger joint, Shake Shack, has millions to spend on start-ups looking to grow. Danny Meyer’s Union Square Hospitality Group has raised $220 million in a private-equity fund, targeting restaurant, food and technology investments, he told CNBC’s “Squawk Box” Monday morning. “We don’t have all the best ideas in the […]
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