TO THE many invasions of privacy that have become commonplace in air travel—the pat-downs, the hand swabs, the shoe removal, the endless rummaging through luggage by security agents—one more may soon need to be added: the examination of reading material. Last month, America’s Transportation Security Administration (TSA) ran tests at airports in California and Missouri […]
Read moreInstead of attacking Amazon CEO Jeff Bezos, President Donald Trump should start fact-checking his tweets, angel investor and Inside.com CEO Jason Calacanis told CNBC on Wednesday. Trump incorrectly tweeted Wednesday morning that Amazon owns the Washington Post to avoid paying a so-called “internet tax,” when in fact it is Jeff Bezos — not Amazon — […]
Read moreAmazon Prime Day is coming — it’s just that nobody knows exactly when — and anticipation for the third-annual promotional event is already building on Wall Street. Prime Day was held on July 12 in 2016 and on July 15 in 2015, so one would expect Amazon is preparing to announce the date of this […]
Read moreAmazon, the online retail giant, is collecting sales taxes nationwide on purchases. President Donald Trump seemingly took a swipe at the internet juggernaut suggesting otherwise on June 28. @realDonaldTrump As of April 1, Amazon began collecting sales taxes on purchases across the country, with the exception of states that don’t have a sales tax: Alaska, […]
Read moreShortly after we pulled on to Interstate 280, just north of Palo Alto, California, the Cadillac CT6 signaled to me that I was now ready to drive hands free. Seconds later, I pressed a button. The top of the steering wheel lit up with a green light and the car was now under the control, […]
Read moreA cyber attack wreaked havoc around the globe on Wednesday, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The virus is believed to have first taken hold on Tuesday in Ukraine where it silently infected computers after users downloaded a popular […]
Read moreSamsung Electronics has agreed to open a $380 million home appliance manufacturing plant in South Carolina, the United States, it said on Wednesday. The South Korean firm said this year it was in talks to build a home appliances plant in the United States amid worries about protectionist policies under U.S. President Donald Trump put […]
Read moreThe Nasdaq 100 broke a historical win streak, and according to one technical analyst, investors may have to brace themselves for a possible correction. Tuesday on CNBC’s “Futures Now,” Pension Partners’ director of research, Charlie Bilello, pointed out that the Nasdaq 100 had been trading above its 50-day moving average for 138 consecutive trading days, […]
Read moreCurrency, United States Finance
UK support for tax more, spend more fiscal system at highest level since financial crisis: Survey
After seven years of Conservative government-led austerity, a new survey suggests that public sentiment in the U.K. could be changing gears, with support for a tax more, spend more economic model at its highest in a decade. According to the British Social Attitudes survey, conducted by the National Centre for Social Research, 48 percent of […]
Read moreOnline meal-kit company Blue Apron may have slashed its valuation expectations Wednesday, but the meal-kit boom is still coming, according to a new report. Amid growing concerns over the impact of tech giant Amazon’s pending acquisition of Whole Foods Market, the company lowered its expected IPO range to $10 to $11 a share, down from […]
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