All signs and numbers point to a huge year for the construction industry. Even in December, with much of the nation frozen, the construction industry added 30,000 jobs, according to the Bureau of Labor Statistics. For all of 2017, construction added 210,000 jobs, a 35 percent increase over 2016. Construction spending is also soaring, rising […]
Read moreFour months after India and China deescalated a Himalayan border spat, Beijing appears to be ramping up the pressure in another territory disputed by both countries. India considers Arunachal Pradesh, lying east of Bhutan, to be one of its 29 states, but China claims the area as part of southern Tibet. The territory, a key […]
Read moreA cryptocurrency that was created as a parody and named after an internet meme now has a market value of more than $1 billion. Data from CoinMarketCap showed dogecoin’s current market value is about $1.09 billion — as of Jan. 5, 9:52 a.m. HK/SIN — and traded at $0.009717 per token. Last month, the virtual […]
Read moreNorth Korea has reportedly accepted South Korea’s offer for talks on January 9, the latest event in a significant week for inter-Korean relations. Citing Seoul’s Unification Ministry, Reuters said on Friday that bilateral discussions will focus on the Winter Olympics as well as “other issues of mutual interest.” South Korean President Moon Jae-In’s administration on […]
Read moreUber’s cofounder and former CEO Travis Kalanick is planning to sell $1.4 billion of stock in the company, or 29 percent of his stake, a source familiar with the arrangement told CNBC. Kalanick, who resigned as CEO last summer following controversy, would sell his shares as part of a tender offer between SoftBank and Uber […]
Read moreSports apparel seller Billabong International said on Friday it had entered an agreement with Boardriders for the U.S.-based firm to buy the Australian company for about 197.7 million Australian dollars ($155 million). The bid of A$1 per share made by Boardriders, formerly known as Quiksilver, represents a premium of 4.2 percent to Billabong’s closing price […]
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After a week of bone-chilling temperatures across much of the United States, a massive winter storm pounded the Eastern Seaboard, forcing millions outside to shovel their driveways. Shoveling snow is not only a chore, its’ also dangerous. A national study found that between 1990 and 2006 there were 11,500 snow shoveling-related injuries each year, according […]
Read moreApple on Thursday said it will be releasing more software updates to protect against recently disclosed security vulnerabilities. This marked the first time that the company had made a formal statement about the Meltdown and Spectre vulnerabilities, which were reported to affect phones, servers andPCs. Apple said that recent updates to its iOS, macOS and […]
Read moreAfter the Dow Jones industrial average hit 25,000 on Thursday, the so-called godfather of technical analysis, Ralph Acampora, told CNBC he thinks the blue-chip index can soar another 3,000 points this year. His near-term target is 25,900, which he thinks will be hit “very easily,” and his secondary target for the year is 28,700. “I […]
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