Airbnb has been one of the most aggressive corporate critics of the current administration’s policies — and today, ahead of the President’s State of the Union, it’s making another very public political statement. The home sharing start-up will be running a six-figure ad on cable networks including MSNBC, CNN, Fox, Univision, and Telemundo that plays […]
Read moreYet another report suggests that Apple is cutting production volumes of the iPhone X. The price of the phone is probably to blame. Since launch, consumers I’ve talked to have always called it the “$1,000 iPhone.” It costs even more if you want storage, and friends I’ve spoken with have suggested they’ve either settled on […]
Read moreTech IPOs can turn early employees into millionaires, as Google’s early cooks, custodians and others can attest. But Airbnb’s former director of engineering, Ian Logan, left the travel venture before it has gone public. Now, Logan has joined a small Toronto start-up called Drop. The Drop mobile app helps shoppers rack up and redeem points […]
Read moreThe U.S. Securities and Exchange Commission announced Tuesday it has obtained a court order to halt what is likely the largest initial coin offering ever. The complaint was filed in Dallas, Texas, on Thursday and unsealed late Monday. It said Dallas-based AriseBank “used social media, a celebrity endorsement, and other wide dissemination tactics to raise […]
Read moreCurrency, United States Finance
Passing on sanctions, Trump goes even softer on Russia than expected
President Donald Trump once again stands accused of being soft on Russia after he bypassed a deadline to hand down new sanctions on the country. The Trump administration announced late Monday that it would not yet impose new sanctions on Russia as mandated by the Countering America’s Adversaries Through Sanctions Act (CAATSA), enacted in August […]
Read moreThe drop in health insurance stocks after the landmark partnership announcement by Amazon, Berkshire Hathaway, and J.P. Morgan Chase is a buying opportunity, according to one Wall Street firm. The three companies revealed on Tuesday a plan to partner on ways to cut health-care costs and improve services for their U.S. employees. The firms will […]
Read moreJoseph Occhino, principal of Northern Highlands Regional High School in Allendale, New Jersey, has seen lots of changes during his 34 years as an educator. But last year he witnessed something he says he never could have imagined. His school, which draws students from four affluent towns in northwest Bergen County, was approved to administer […]
Read moreWe’ve seen some spectacular advances in fields ranging from surgery to gene editing, but health care still faces a lackluster problem: Many patients can only get health records from their doctor if the fax machine is working. Even when records are stored electronically, different chunks of every patient’s health information sit in inaccessible electronic record […]
Read moreApple is delaying new iOS software features — which were originally set to launch this year — into 2019, according to Axios. Apple’s software head Craig Federighi told employees the company needs to focus on performance and quality, according to Axios, which cited uinidentified sources. Apple’s newest iPhone and iPad software — iOS 11— has […]
Read moreStock markets will only be seriously affected by a sell-off in bond markets if the yield on the U.S. 10-year Treasury sees a sustained move above 3 percent, a senior analyst at Morgan Stanley told CNBC. And Jim Caron, a senior fixed income manager for asset management at the bank, believes that move isn’t going […]
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