Jeff Bezos’ fortune has topped $105 billion, leading to a flood of headlines about the Amazon founder being “the richest man of all time.” By one measure, this is true. Bill Gates had been the richest man ever, with a fortune that topped $100 billion in 1999. So in simple dollar terms, Bezos is now […]
Read moreBitcoin has changed many lives. Luke McGrath’s is one of them. The 15-year-old from from Statesboro, Georgia, put around $500 — or 10 weeks of his pay as a cashier at a local Japanese restaurant, into the currency via his mother’s account. Ever since, he checks the value of bitcoin compulsively. He sneaks glances at […]
Read moreAfter just four years in operation, Peloton, the indoor, interactive cycling platform, is no longer just that. It is going beyond the bike, introducing a high-tech treadmill that builds on the same technology and social interaction as the bike. The price tag when it goes on sale later this year will be about $4,000, plus […]
Read moreMedical experts in the United States are worried that this year’s flu season could be a nasty one that may be lethal. That’s because this year’s main flu strain, the influenza A virus, known as H3N2, is worse than the swine flu in 2009. To put it in perspective, back when the swine flu was […]
Read moreIf Minneapolis Fed President Neel Kashkari gets his way, the nation’s biggest banks will need to keep more cash on hand — a lot more. The central bank branch has been studying the issue of how to prevent situations like the one that led to the financial crisis in 2008, and Kashkari said it is […]
Read moreNFL fans can watch this season’s playoff games and Super Bowl LII on the go courtesy of Verizon, starting this weekend, Oath CEO Tim Armstrong told CNBC. “Consumers in the U.S. will be able to watch all four playoff games with one click on the Yahoo Sports app,” Armstrong said on CNBC’s “Squawk on the […]
Read moreCryptocurrency ripple fell on Tuesday on the Bitstamp exchange, adding to sharp losses from the previous day. The price of the digital currency dropped 5 percent and traded at $2.319 as of 10:19 a.m. ET. Ripple dropped more than 8 percent on Monday as prices of several digital currencies also declined. Bitcoin briefly fell more […]
Read moreSpaceX insists it did everything right during a highly classified government satellite launch that went awry. The secret U.S. government Zuma satellite launched Sunday is lost, and little information about what happened to it has been released. Northrop Grumman said Tuesday they do not comment on classified missions. However, SpaceX said the Falcon 9 rocket […]
Read moreTax reform should boost business travel this year, according to Bank of America Merrill Lynch, and that in turn will boost shares of the country’s biggest airlines, including American Airlines, United Continental and Delta, the investment bank said. “We view tax reform as a significant positive for corporate spending (banks, media companies and even airlines […]
Read moreLevelUp is making it easier for restaurants to connect with customers on the digital platforms they’re already using. The technology company said Tuesday that it has created a new service for restaurants to upload menus and offer order and pay and rewards programs to customers on multiple digital platforms — Facebook, Messenger, Yelp, Foursquare, Amazon […]
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