The lowest crude prices since 2009 might still not be enough to end the U.S. energy renaissance. Some parts of North Dakota’s Bakken shale play are profitable at less than $30 a barrel as companies tap bigger wells and benefit from lower drilling costs, according to a Bloomberg Intelligence analysis. That’s less than half the level of some estimates when the oil rout began last year. The […]
Sundar Pichai, Senior Vice President for Products, delivers his keynote address during the Google I/O developers conference in San Francisco, California May 28, 2015. Reuters/Robert Galbraith/Files SAN FRANCISCO A low-key style and an unusually firm handle on diplomacy propelled new Google chief executive Sundar Pichai to the top of the search engine giant, former colleagues said, cementing his successes such as creating the Chrome browser. As part […]
TEHRAN — An Iranian court could hand down a verdict in the trial of Jason Rezaian, the Washington Post correspondent charged with espionage, within a week, his lawyer told reporters on Monday, as a fourth and possibly final hearing in the case was held in Tehran. The lawyer, Leila Ahsan, told reporters that “this was the final hearing” and said that Iranian law called for a verdict […]
By WILLIAM J. BROAD August 8, 2015 Twenty-nine of the nation’s top scientists — including Nobel laureates, veteran makers of nuclear arms and former White House science advisers — wrote to President Obama on Saturday to praise the Iran deal, calling it innovative and stringent. The letter, from some of the world’s most knowledgeable experts in the fields of nuclear weapons and arms control, arrives as Mr. Obama is lobbying […]
A federal judge in California has denied a request to allow a former iPhone user to proceed with her complaint against Apple as a class-action lawsuit. The request by Adrienne Moore centered around her discovery that she was no longer able to receive iMessages from some other Apple device users after switching to an Android phone. Moore filed her suit against Apple in May of last year, […]
TEHRAN — For Jason Rezaian, the Washington Post reporter now on trial for espionage in Iran, the incident was extraordinary but still looked like another example of the difficulties in covering the country’s politics. On a spring day in March 2014, his wife and a female photographer were stopped in broad daylight in their car on a busy Tehran highway and taken into a van, where, friends […]
DUBAI // A leading estate agent and property management company in Dubai has gone out of business with the loss of dozens of jobs. S K Real Estate ceased trading last Tuesday without warning to most of its 70 employees. The glass door to the company’s office on floor 11 of Concord Tower in Media City has been smashed. Staff at neighbouring businesses arrived at work yesterday to […]
An AT&T Logo is pictured on the side of a building in Pasadena, California, January 26, 2015. Reuters/Mario Anzuoni WASHINGTON The No. 2 U.S. wireless carrier AT&T Inc (T.N) and the biggest satellite-TV provider DirecTV (DTV.O) became the country’s largest pay-TV company on Friday, completing their $48.5 billion merger after receiving final regulatory approval. The newly expanded AT&T leapfrogs the biggest U.S. cable company Comcast Corp (CMCSA.O). […]
Video | Kerry Defends Nuclear Deal to Senate Secretary of State John Kerry defended the Iran nuclear deal on Thursday before the Senate Foreign Relations Committee, meeting resistance from Republican members of the group. By JONATHAN WEISMAN and MICHAEL R. GORDON July 23, 2015 WASHINGTON — After four and a half hours of contentious questioning, three cabinet secretaries deployed Thursday by President Obama to the Senate to defend his nuclear deal with […]
Apple Inc. shares tumbled, wiping out $32 billion in market value, after disappointing iPhone sales rekindled concerns over whether the company can keep making must-have products. Even though iPhone sales climbed 35 percent to 47.5 million units in the fiscal third quarter, the result fell short of the 48.8 million shipments projected by analysts. That, plus a revenue forecast for the current period that missed estimates, on […]
A Google self-driving vehicle is parked at the Computer History Museum after a presentation in Mountain View, California May 13, 2014. Reuters/Stephen Lam/Files DETROIT One of Google Inc’s self-driving cars was involved in an accident early in July, in which three employees were injured when a vehicle equipped with Google technology was rear-ended by another vehicle, the company said. Several employees suffered minor whiplash in the July […]
|By Matein Khalid| Last week was a roller coaster and the Nikkei Dow closed at 19,800. Abenomics has had a seismic impact on Japan’s economy, financial markets and banking system. The yen has fallen from 76 on the eve of the election in 2012 to 122 against the US dollar. Corporate profits have exploded. Land price rises, job growth, bonuses, capex and consumer spending have lifted Japan […]
Ellen Pao speaks to the media after losing her high profile gender discrimination lawsuit against venture capital firm Kleiner, Perkins, Caufield and Byers in San Francisco, California March 27, 2015. Reuters/Beck Diefenbach SAN FRANCISCO Ellen Pao resigned as acting chief executive of Reddit Friday in the latest sign of turmoil at the site, recently roiled by the firing of a popular employee and ongoing tensions over the […]
ABU DHABI // The New York Times bestselling author Dan Buettner’s secrets to a long and healthy life transfixed the audience, which included members of the Royal Family, at the fifth Sheikh Mohammed bin Zayed Ramadan Majlis on Wednesday night. Buettner provided some surprising revelations in his tips on how to live a grand life to the age of 100 in his talk Blue Zones: Secrets of […]
Privacy Group Asks FTC To Push Google on U.S. ‘Right To Be Forgotten’ The failure of Google to offer users in the U.S. the same “right to be forgotten” protection available in Europe violates U.S. law on unfair and deceptive trade practices, according to the advocacy group Consumer Watchdog. The organization on Tuesday submitted a complaint to the Federal Trade Commission (FTC) asking the agency to “investigate […]
DETROIT Google Inc has begun testing its self-driving cars in Austin, Texas, expanding efforts to gather information on how the prototypes interact with traffic, road conditions and people, the company said early Tuesday. Google has been testing self-driving prototypes since 2009, mainly around its Silicon Valley headquarters in Mountain View, California. Google is sending a second specially equipped Lexus RX450h prototype this week to Austin. Last month, […]
SAN FRANCISCO When it comes to dashboard displays that are more like smart phones, two things are clear: Customers want them, and automakers are intent on supplying them. But are they really a good idea? Car companies answer with an emphatic yes. They say outsized dashboard displays that behave more like smart phones will boost revenue and attract buyers. And they also insist the new screens will […]
Founded in California in 2013, Weiss Watch Company is working to bring back the lost art of American watchmaking. Their mechanical timepieces are handmade by the company’s 27-year old, Swiss-trained founder, Cameron Weiss who sharpened his skills with Audemars Piguet and Vacheron Constantin. This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read […]
A Google self-driving vehicle is parked at the Computer History Museum after a presentation in Mountain View, California May 13, 2014. Reuters/Stephen Lam/Files REUTERS – Delphi Automotive PLC on Friday offered a new description of an encounter on a California road between one of its prototype self-driving cars and a self-driving vehicle operated by Google Inc, saying “the vehicles didn’t even come close to each other.” The […]
An engineering breakthrough by researchers at the University of California, San Diego, has the potential to double the speed of fiber optic networks. The findings, reported by a team of photonics researchers in the June 26 edition of the journal Science, could dramatically increase the maximum power capacity of signals sent through fiber optic cables. Although not every user connects to the Internet through an optical cable, […]
Few events will be as significant for the world in the next 15 years as China opening its capital borders, a shift that economists and regulators across the world are now starting to grapple with. With China’s leadership aiming to scale back the role of investment in the domestic economy, the nation’s surfeit of savings — deposits currently stand at $21 trillion — will increasingly need to […]
Sunil Bharti Mittal, chairman of Bharti Enterprises, speaks during the India Economic Summit 2014 at the World Economic Forum in New Delhi November 6, 2014. Reuters/Anindito Mukherjee/Files MUMBAI/CAPE CANAVERAL Privately owned OneWeb announced what it called the world’s largest commercial rocket deal on Thursday after raising $500 million from a group of global investors to support its plans to bring broadband to billions of people via satellite. […]
The Apple logo is seen at the flagship Apple retail store in San Francisco, California April 27, 2015. Reuters/Robert Galbraith Apple Inc (AAPL.O) has removed several civil war games featuring Confederate flags from its App Store, some game developers said. The flags and other symbols of the Confederacy have been at the centre of debate since a 21-year-old gunman, accused of killing nine black worshippers in last […]
A Google self-driving vehicle is parked at the Computer History Museum after a presentation in Mountain View, California May 13, 2014. Reuters/Stephen Lam SAN FRANCISCO Google Inc (GOOGL.O) said on Thursday it had started testing the latest prototypes of its self-driving cars on Mountain View, California roads, with safety drivers aboard. The prototypes will join Google’s Lexus cars, which use the same self-driving software, the company said […]
