Deleted your Yahoo account? Think again. Several Yahoo users, who last year decided to leave the service, told us that their accounts remained open for weeks or months after the company said they would be closed. News broke in September of a massive state-sponsored cyberattack that led to the theft of 500 million records — then thought to be the largest theft of records in history. That […]
This market reminds us of this…“none shall fall” Gold remains 2017’s biggest gainer, oil is down, bonds flat and the panic bid this week dragged The Dow higher… After 6 straight intraday ramps in the S&P 500, the last two days – since Catalyst stopped its forced covering – have seen the character of the market shift notably… On the week, Nasdaq was the […]
Part of a poster issued by the British tax authorities to counter offshore tax evasion in 2014. PHOTO: H.M. Revenue & Customs Through the Panama Papers released at the beginning of last year, the offshore tax haven activity of the national elites were seen in the full light of day by citizens. The reverse engineering of the internal database of one of the world’s leading offshore money […]
Twenty years ago, tech-savvy aspiring enterpreneurs joined a dot-com. Now, developers, programmers, and engineers gravitate to mobile apps and social media companies. But given the latest round of big-buck acquisitions, self-driving car technology could be the latest gold rush for ambitious and talented geeks. Auto makers and tech firms like Uber and Apple are seeking to supercharge their autonomous tech via acquisitions and talent poaching. […]
Land Rover really started something when it rolled out the first Range Rover – now known simply as the “Classic” – in 1970. Bearing in mind that the existing all-terrainers at the time were slow, noisy, lumbering devices with all the grace of an elephant stomping through the jungle, the “Rangie” was a comparative gazelle. The Range Rover was no less off-road capable than its Toyota Land […]
Mondelez shares dropped 5 per cent in early trading on Friday after Kraft Heinz’s approach for Unilever lessened the odds that the US group would be an acquisition target. Speculation of a potential take-over by Kraft of Mondelez was a “key factor supporting multiples for the group at such a high level,” said Stifel Nicolaus analyst Christopher Growe. “While this potential transaction (between Kraft and Unilever) does […]
The shares of several competing food producers were under pressure on Friday after Kraft Heinz approached Unilever to propose a $143bn takeover. Mondelez, Kellogg, General Mills and Campbell Soup are all seen as potential buyout targets for Kraft, said Christopher Growe, analyst at Stifel Nicolaus. “While this potential transaction does not count out a future acquisition of these businesses, it certainly delays the potential at least a […]
LOS ANGELES Intense rain, heavy snow and strong winds pounded California and southern Oregon on Friday, prompting the evacuation of dozens of homes east of Los Angeles, officials said. The severe storm, with what may be California’s heaviest rainfall in six years, was expected to last through the weekend, the National Weather Service said. “This looks to be the strongest storm to hit southwest California this season,” […]
Current economic conditions around the world provide a good foundation for growth. But unprecedented levels of market uncertainty mean that organizations have to be ready to change strategy faster than ever before. Growth around the world In the US, President Donald Trump has inherited an economy with strong fundamentals: low inflation, and the lowest unemployment rate since 2007. He has promised a pro-business economic agenda with lower […]
Gemini Property Developers has announced that Gemini Splendor, the first of a series of luxury residential projects in the GCC over the next few years, is on track for completion in early 2018. Gemini Splendor is being built in the Hartland community in Dubai’s Mohammed Bin Rashid (MBR) City, with a built-up area of over 320,000 sq ft. The project is expected to be completed in early […]
As the war between the Trump administration and the “fake news” media rages on, after seemingly escalating in recent weeks, Jared Kushner, President Trump’s son-in-law and close adviser, allegedly met with a senior Time Warner executive recently to express the administration’s deep concerns about CNN’s news coverage, according to anonymous sources cited by the Wall Street Journal. The meeting apparently involved Gary Ginsberg, executive vice president of […]
Estimated failure rates from single event upsets at the transistor, integrated circuit and device level for the last three semiconductor architectures. Credit: Bharat Bhuva, Vanderbilt University You may not realize it but alien subatomic particles raining down from outer space are wreaking low-grade havoc on your smartphones, computers and other personal electronic devices. When your computer crashes and you get the dreaded blue screen or your smartphone […]
A Spanish court has sentenced the king’s brother-in-law to six years and three months in jail, delivering a harsh blow to the standing of the monarchy at the end of a long-running criminal trial that has captivated the nation. Iñaki Urdangarin, a former Olympic handball player and the husband of Princess Cristina, was found guilty of fraud, corruption and a range of other charges. The prosecution had […]
“Stock market hits new high with longest winning streak in decades. Great level of confidence and optimism — even before tax plan rollout!” Donald Trump tweeted this week. It is a statement that goes beyond the president’s usual rhetoric. Indeed, Wall Street had a record-setting week that included the four key US stock benchmarks — the S&P 500, the Dow Jones Industrial Average, the Nasdaq Composite and the […]
A new technique using liquid metals to create integrated circuits that are atoms thick could shape the future of electronics, according to research led by RMIT. The technique, which can produce large electronic wafers around 1.5 nanometres in depth, was developed by researchers from RMIT, Monash University, North Carolina State University, and the Commonwealth Scientific and Industrial Research Organisation (CSIRO). Benjamin Carey, a researcher with RMIT and […]
Snapchat for Android is apparently set to become a lot better in the future, with some performance improvements coming next week and more upgrades slated for later this year. The move to bet more on Android is likely part of Snap‘s bid to drive user growth outside of the United States, and offering a quality Android app would be essential to this purpose. Snapchat Quality On Android […]
Gautam Sharma Back in the good old days, Honda was an engineering-focused company that gave us scintillating driver’s cars such as the 1990s NSX, DC2 Integra Type R and S2000 roadster. But for the past decade or so the Japanese carmaker has been content to adopt a much more conservative posture, churning out good quality – but vanilla-flavoured – offerings. Pretty much every model in the current […]
Donald Trump is trying to persuade his preferred candidate to succeed Michael Flynn as national security adviser to change his mind after the retired admiral tapped for the role told the US president that he could not accept the White House position, according to two people familiar with the situation. Mr Trump asked Robert Harward, a retired navy special forces officer, to succeed Mr Flynn, who was […]
Submitted by Pam Martens and Russ Martens via WallStreetOnParade.com, Less than two weeks after Mary Jo White was nominated to become Chair of the Securities and Exchange Commission by President Barack Obama on January 24, 2013, White filed an ethics disclosure letter advising that she would “retire” from her position representing Wall Street banks at the law firm Debevoise & Plimpton. White wrote on this subject in […]
By Syed Raza Hassan | SEHWAN SHARIF, Pakistan SEHWAN SHARIF, Pakistan Wailing Sufi devotees thronged a blood-stained shrine in southern Pakistan on Friday, shouting at police a day after a suicide bomber killed at least 77 people in an attack claimed by a regional branch of Islamic State. The bombing of the famed Lal Shahbaz Qalandar shrine in Sindh province was Pakistan’s deadliest attack in two years […]
The Australian government has announced the signing of a treaty-level Science, Research, and Innovation Cooperation Agreement with the New Zealand government. As part of the agreement, Australia and New Zealand will work together to tackle chronic disease, advance general health care, and improve the accuracy and availability of GPS signals, said recently appointed Minister for Industry, Innovation and Science, Senator Arthur Sinodinos. “This is the first treaty […]
Facebook co-founder Mark Zuckerberg mounted a broad defence of social media on Thursday, taking on growing concerns about his company’s contribution to everything from recruitment by terrorists to the spread of fake news. In a 5,700 word treatise posted on the social network, the 32-year-old founder also laid out ideas that could lead Facebook increasingly into new forms of social engineering, as it intervenes more directly to ensure […]
Carolyn Ryan, The New York Times’ senior politics editor, is getting a promotion. Ryan, who ran The Times’ coverage of the presidential campaign, will join the Times’ masthead as an assistant editor in charge of recruitment, according to a memo from Executive Editor Dean Baquet and Managing Editor Joe Kahn. “Carolyn’s primary responsibility will be to recruit investigative reporters, narrative writers, beat reporters, editors and visual journalists […]
PATHUM THANI, Thailand — Thai police raided the head temple of a controversial Buddhist sect but failed to find and arrest the abbot, who faces criminal charges over accepting $40 million in embezzled money. The action Thursday followed several earlier failed attempts to seize Phra Dhammajayo, 72, head of the Dhammakaya sect. Police were previously thwarted when crowds of monks and followers blocked the way, risking a […]
