In October 2016 then-Republican presidential candidate Donald Trump was joined by his family at a ribbon-cutting for the Trump International Hotel in Washington, D.C., a project that transformed a classic post office into luxury lodging and benefited from a federal tax credit for the rehabilitation of historic properties that the Reagan tax reform of 1981 […]
Read moreAmazon just had its biggest shopping day ever. The most products were ordered in one day on Amazon.com during Cyber Monday, the company revealed Wednesday. The day’s transactions surpassed those made on Amazon’s recent record-breaking Prime Day, and the top-selling item was the Echo Dot. Amazon said orders made via its app increased more than […]
Read more
Snap Circuits Jr. 100 Experiments Snap Circuits made by Elenco are designed to teach kids how electricity works, and what’s happening inside of everyday appliances and gadgets. The Snap Circuits Jr. 100 Experiments kit includes a large, circuit board and pieces that snap onto it. A manual is included that teaches kids how to assemble […]
Read moreAs self-driving vehicles go, the Chevy Bolt I rode in Tuesday morning in San Francisco shows General Motors is ready for the challenge of operating self-driving vehicles on complex and often tricky city streets. The question now is when will GM take the next step and go from testing self-driving cars to running a fleet […]
Read moreFor travel junkies, there is no greater adventurous destination possible than space. And billionaire tech titan and SpaceX boss Elon Musk is working on an aggressive and admittedly ambitious time schedule to get there — in particular to Mars. “As I’ve said before, I am definitely a Martian.” tweet What would it be like to […]
Read moreAmazon has signed heavy-hitters Disney, Expedia and the NFL to its cloud services, the company announced Wednesday. The contracts are the latest in a series of big wins for Amazon Web Services in the ongoing web services. The company announced Tuesday it had signed Time Warner‘s Turner Broadcasting unit. Each of the new clients already […]
Read more
The Bitcoin rally is accelerating. The digital currency spiked through $11,000 Wednesday morning, hours after surpassing the $10,000 level for the first time. Bitcoin traded at an all-time high of $11,155.20 at around 9:00 a.m. ET, according to industry site CoinDesk. By 9:16 a.m., bitcoin had leaped all the way to $11,377.33, according to CoinDesk. […]
Read moreSnapchat’s newly redesigned app is separating the social from the media, creating two distinct content pages, the company said Wednesday. The redesigned app will separate the news-heavy Discover page from a user’s friend list. On the current version of the app the two are intermingled on a single screen. CEO Evan Spiegel teased the redesign […]
Read more
Shares of Allergan jumped more than 2 percent Wednesday after analysts at Morgan Stanley downplayed concern over competitive pressure for its key product, Botox. “Fears about a ‘better Botox’ may be overdone,” said analyst David Risinger in a note to clients. He noted that it “could be difficult” for competitor Revance Therapeutics to show that […]
Read moreCurrency, United States Finance
Buying bitcoin at this 'high price' would be a risk, ECB vice president says
Investors flocking into bitcoin are taking a risk by buying at such high prices, the vice president of the European Central Bank (ECB) Vitor Constancio told CNBC Wednesday. “It’s a very particular asset, it’s a speculative asset by definition looking to the developments in its price. Investors are taking that risk of buying at such […]
Read more