In Charlotte, North Carolina, mother-son duo Julie and Michael Chambers are watching their small business, Melt in Your Mouth, come to life. The cupcake store they opened more than two years ago now has four employees, and they’re hoping to open up additional locations. But chief among their concerns is the tax burden they face. […]
Read moreAT&T is on pace to invest around $22 billion in the United States this year, CEO Randall Stephenson told CNBC on Thursday. Stephenson is among the tech leaders heading to the White House later Thursday to meet with President Donald Trump to discuss the potential impact of emerging technologies on U.S. industrial workers. Ahead of […]
Read moreChina will introduce a national standard for the use of English language on public signage, in its latest bid to say farewell to widely mocked – and often widely loved – poor translations and “Chinglish”. The new policy, which comes into effect on December 1, will establish guidelines for English translations in 13 areas, including […]
Read moreFoxconn, the world’s largest contract electronics maker and a major Apple supplier, plans to invest more than $10 billion in a display-making factory in the United States and will decide on the location of the plant next month. The Taiwan-based firm has been eyeing U.S. investments for some time and its CEO, Terry Gou, had […]
Read moreWith bond yields globally in the dumps, Singapore’s wealth fund GIC is looking at unconventional sources for fixed income returns, Liew Tzu Mi, GIC’s chief investment officer for fixed income, said on Thursday. For one, she pointed to selective emerging markets for fixed income investments. “In a generally low interest rate environment, if you do […]
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IN A corner of the state of Uttar Pradesh (UP) stands a gleaming building dedicated to animal slaughter on an industrial scale. Neatly mown lawns lead the way to a corral for hundreds of the curly-horned Murrah buffalo typical of the region. Nearby is a lorry-sized, stainless-steel machine in which the animals are killed. A […]
Read moreBlockchain, a bitcoin wallet start-up, has raised $40 million led by venture capital firm Lakestar, Google’s investment arm GV, and billionaire Richard Branson, the company said on Thursday. The investment comes at a time of rising interest in cryptocurrencies, especially bitcoin, which recently hit a record high and has seen a massive rally since the […]
Read moreCurrency, United States Finance
Amid Apple dispute, chip designer Imagination Technologies puts itself up for sale
British chip designer Imagination Technologies announced it had put itself up for sale on Thursday, weeks after the group launched a formal dispute against Apple. While Imagination said it was “progressing well” having attracted buyer interest, the U.K.-based firm confirmed it “remains in dispute with Apple”. In April, the Silicon Valley giant announced it would […]
Read moreThe price of ethereum crashed as low as 10 cents from around $319 in about a second on the GDAX cryptocurrency exchange on Wednesday, which is being blamed on a “multimillion dollar market sell” order. Ethereum is an alternative digital currency to bitcoin and had been trading as high as $352 on Wednesday. Adam White, […]
Read moreUkrainian President Petro Poroshenko said after meetings in Washington that Kiev and the United States would soon sign a number of agreements boosting defense cooperation, news agency Interfax-Ukraine reported on Wednesday. Poroshenko said U.S. Defense Secretary Jim Mattis and Vice President Mike Pence had told him that key members of President Donald Trump‘s administration would […]
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