The National Oceanic and Atmospheric Administration has released a map filled with images of many of the areas affected by Hurricane Harvey. Two of NOAA’s Hurricane Hunter aircraft flew over much of the region and took aerial photos of the flooding and damage. The images are being updated every 12 hours, a NOAA rep told […]
Read moreAmazon and Microsoft, two archrivals in cloud computing and stiff competitors for Seattle-area tech talent, are cooperating a lot more. Earlier this week, we saw the marriage of Amazon’s Alexa virtual assistant and Microsoft’s Cortana. Then, on Thursday, the companies announced they were teaming up so programmers can more easily take code they manage in […]
Read moreThe headlines keep getting worse for Wells Fargo in its fake account scandal, but the latest disclosures actually could represent a turning point. Revelations Thursday that some 3.5 million accounts were affected should constitute a full disclosure of the problem and allow the beleaguered bank to begin putting the scandal behind it, Keefe, Bruyette & […]
Read moreGiving every adult in the United States a $1000 cash handout per month would grow the economy by $2.5 trillion by 2025, according to a new study on universal basic income. The report was released in August by the left-leaning Roosevelt Institute. Roosevelt research director Marshall Steinbaum, Michalis Nikiforos at Bard College’s Levy Institute, and […]
Read moreChip stocks have crushed the market this year, and a Wall Street analyst believes the industry’s strong performance will continue. The iShares PHLX Semiconductor ETF has rallied 22 percent year to date versus the S&P 500’s 10 percent gain through Wednesday. “We hosted about 35 semi/semi-cap management teams at our annual Chicago Investor Summit this […]
Read moreJefferies’ research team named its favorite picks of biotech stocks that are expected to have good news in the coming months. “Biotech continues its Road to Repair and is near 1-year highs,” wrote Jefferies analyst Michael Yee in Thursday’s note to clients. Scrutiny over the sector’s pricing practices has subsided, general interest in the sector […]
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Wall Street hammered shares of Campbell Soup Co. on Thursday for another quarter of lackluster sales. The company’s overall sales fell 1 percent in the fourth quarter from the same time last year. Soup sales fell 4 percent, and profit and revenue fell shy of expectations. Shares of Campbell skidded about 7 percent to their […]
Read moreSilicon Valley venture capital firms haven’t exactly been models for gender equality—especially in light of the recent spate of sexual harassment scandals that have plagued the industry. But at least some are trying to do their part to promote more inclusion of women in the tech field. Fortune has learned that, for the past year, […]
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The new iPhone is expected to offer a large screen that takes up almost the entire front of the phone, without the large blank spots (bezels) surrounding the screen. That matches what other companies like Essential, Samsungand LG are doing, and it will allow users to carry a big screen without requiring a massive pocket-hogging […]
Read moreApple is breaking its silence on net neutrality, urging the Trump administration to preserve strong rules that prevent the likes of AT&T, Charter, Comcast* and Verizon from blocking or interfering with web traffic. In its new comments to the Federal Communications Commission, the iPhone maker specifically urged Chairman Ajit Pai not to roll back an […]
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