“Think breedable Beanie Babies.” So states the FAQ for CryptoKitties, a new game for collecting, breeding and selling digital cats that is so popular, it is clogging up the network of digital currency ethereum. Players have spent the equivalent of $6.7 million and counting buying CryptoKitties, which can sell for as much as $114,481.59, according […]
Read moreIt’s a sign of the times. Against a backdrop of falling foot traffic and shuttered department stores, mall owners are looking for ways to more accurately track shoppers at their properties. The information allows landlords to make more informed decisions about how to redevelop and pick tenants. Jones Lang LaSalle, a services firm that specializes […]
Read moreNATO has warned that U.S. concern over Iranian terror activity should not spell the end of a fragile nuclear deal. In 2015, a group of countries that included the U.S., agreed to ease sanctions on Iran if the country agreed to curtail development of its nuclear program. Since coming to power in January, U.S. President […]
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WHEN Gary Leff, a prominent travel blogger, took his first flight on one of the new “no legroom” planes operated by American Airlines, he found that the experience was not nearly as bad as he feared. American had drawn howls of protest from customers when it announced it was reducing the distance between rows of […]
Read moreThe question of the border separating the Irish Republic and the U.K. province of Northern Ireland has thrown a massive — and for some, emotional — wrench in the British government’s plans to move Brexit talks along. The European Union (EU) and U.K. are at odds over the outcome of the 310-mile Irish border, with […]
Read moreApple’s stock could “re-rate” and tear higher if the company makes a fundamental change to its business and shifts to a monthly subscription model, according to a top Apple analyst, Toni Sacconaghi of Bernstein. The iPhone maker has historically traded at a relatively low earnings multiple relatative to the market as investors see it as […]
Read moreShares of dental supply distibutors sank Wednesday after Morgan Stanley issued a stark warning to investors: “Amazon is here.” Dental supply distributors Henry Schein and Patterson Companies both fell more than 3 percent after analyst Steve Beuchaw said that Amazon is buying supplies directly from oral goods manufacturer Dentsply Sirona. “We have new evidence that […]
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Square is trading in a bear market, but if the charts are any indication, now could be the perfect time to buy the high-flying payment stock. Shares of Square rallied more than 4 percent Wednesday morning after CEO Jack Dorsey tweeted that bitcoin is coming to “a lot more” users of Square Cash, which allows […]
Read moreWal-Mart Stores is dropping a 48-year-old habit, the dash in its name. It’s also ditching the word “stores.” Wal-Mart said Wednesday it is changing its legal name to Walmart, as the company looks to emphasize its shift from a company that sells in stores to one that sells online and off. “While our legal name […]
Read morePresident Vladimir Putin announced on Wednesday he would seek re-election in March 2018, a contest opinion polls show he will win comfortably, setting the stage for him to extend his dominance of Russia’s political landscape into a third decade. Putin, 65, has been in power, either as president or prime minister, since 2000. If he […]
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