Former U.S. presidential candidate Hillary Clinton said on Wednesday that “cavalier” threats to start war on the Korean peninsula were “dangerous and short-sighted”, urging the United States to get all parties to the negotiating table. Clinton also called on China to take a “more outfront role” in enforcing sanctions against North Korea aimed at curbing […]
Read moreTwitter CEO Jack Dorsey promised on Friday that the company would soon implement sweeping changes to better protect users from abuse and harassment. We now know what some of those changes are. In an email sent to Twitter’s Trust and Safety Council, the company outlined a few policy updates that will be “rolling out in […]
Read moreAnother day, another Dow milestone. It took a little more than 2 months to go from Dow 22,000 to Dow 23,000, even if we closed a few points shy. In the last 18 months, the Dow has gone from 18,000 to 23,000, which means the Dow has moved 1,000 points every 3.6 months on average. […]
Read moreApple has gone from hot to not. After leading the market this year, the stock has fallen nearly 1 percent since it unveiled its next generation of iPhones, while the Dow Jones industrial average has risen more than 4 percent in the same time. And one economist has identified an emerging trend that could signal […]
Read moreThe next revolution in mobile technology looks set to be led by China. 5G, the fifth generation of mobile network, doesn’t yet exist but aims to provide faster data speeds and more bandwidth to carry ever-growing levels of web traffic. Analysts at CCS Insight predict the technology will be in place by 2020 and said […]
Read moreDozens of cities are working frantically to land Amazon’s second headquarters, raising a weighty question with no easy answer: Is it worth it? Amazon is promising $5 billion of investment and 50,000 jobs over the next decade and a half. Yet the winning city would have to provide Amazon with generous tax breaks and other […]
Read moreGoogle and Goldman Sachs are two of the most active corporate investors in blockchain companies, according to a report. Blockchain is the underlying technology behind cryptocurrencies like bitcoin. But it is also being developed for use in a variety of industries from finance to insurance, promising cheaper and faster processes. The number of corporate investors […]
Read moreCurrency, United States Finance
Iraq calls on BP to 'quickly' develop disputed oilfields after seizing areas of Kirkuk
Iraq urged BP to help develop oilfields in the disputed city of Kirkuk on Wednesday, after central government forces loyal to Baghdad swept through the Kurdish-held territory at the start of the week. Iraqi forces began a takeover of almost the entire disputed Kirkuk province Monday, with Kurdish forces retreating to nearby oilfields. The military […]
Read moreA UK parliamentary report has criticized Amazon and eBay for not doing enough to prevent tax fraud on their online market places and recommended the government hold the online giants accountable for tax lost to evaders. In April the National Audit Office said Britain was losing up to 1 billion pounds ($1.3 billion) a year […]
Read moreJPMorgan has agreed to buy payments start-up WePay, in its first major acquisition of a financial technology (fintech) firm. The investment bank said Tuesday it would provide its 4 million small businesses clients with WePay’s payments technology. “With WePay, Chase is taking the work out of payments for both our business clients and the software […]
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