Hawaii‘s emergency management leader has resigned and a state employee who sent an alert falsely warning of an incoming ballistic missile has been fired, officials said Tuesday, after the mistake caused widespread panic earlier this month. Hawaii Emergency Management Agency Administrator Vern Miyagi stepped down Tuesday, state Adjutant General Maj. Gen. Joe Logan said. A […]
Read moreAfter midnight on July 28, Tom Gill found himself watching C-SPAN. The 23-year-old quantitative trader was in the middle of an extracurricular bet — on the web site PredictIt — that Senate Republicans’ second attempt at overhauling Obamacare would fall short of the 51 votes needed to pass. “I could read body language and know […]
Read moreAMD stock fell as much as 7 percent but then rebounded after hours on Tuesday after the company reported better-than-expected earnings for the fourth quarter of 2017. The company will hold a conference call with analysts at 5 p.m. Eastern time. EPS: Excluding certain items, $0.08 in earnings per share vs. $0.05 in earnings per […]
Read moreA slew of negative reports hit the cryptocurrency world Tuesday. Facebook announced a ban on advertisements for “binary options, initial coin offerings and cryptocurrency.” The blanket decision is part of the social media giant’s efforts to prohibit ads for financial products and services “that are frequently associated with misleading or deceptive promotional practices.” The news […]
Read moreAn Indian man died when he was sucked into an MRI machine after he entered the room with an oxygen cylinder, according to local media reports. Rajesh Maru, 32, had accompanied a female relative, Laxmi Solanki, to the Nair Municipal Hospital in Mumbai for a test while carrying the cylinder, which the woman had been […]
Read moreAmazon, Berkshire Hathaway and JPMorgan Chase aren’t the first employers to join up and use their combined might to figure out how to crack down on health care costs. In 2013, seasoned health executive David Goldsmith was named executive director for an employer consortium called Dossia, which counted AT&T, Applied Materials, Intel, and Walmart among […]
Read moreHoliday sales this past year ballooned, but those riches didn’t extend to Toys R Us. The bankrupt toy store missed significantly on every number that mattered, sources say, likely forcing the retailer to renegotiate key lending terms. Sales were down more than hoped as was traffic and the amount of toys in stock it got […]
Read moreApple is seeing red. The world’s largest company is seeing its worst month since September, and is one of only a handful of Dow Jones industrial average names trading in negative territory this year. But, its disappointments could be coming to an end, says Stacey Gilbert, head of derivative strategy at Susquehanna Capital Group. The […]
Read moreMobileIron, a provider of mobile security for businesses, jumped as much as 14 percent on Tuesday after announcing a partnership with Google that will allow companies to securely purchase and manage enterprise apps for employees. The stock climbed as high as $4.60 and was trading up 5.2 percent to $4.26 as of Tuesday afternoon. Google […]
Read moreFacebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.” That means no advertiser — even those that operate legal, legitimate businesses — will be able to promote things like […]
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