Business

  • China is winning the race for new energy vehicles
    China_is_winning_the_race_for_new_energy_vehicles 2017-12-27 09:26:31 UTC
    BEIJING/SHANGHAI (Reuters) - China will extend a tax rebate on purchases of so-called new-energy vehicles (NEV) until the end of 2020, a boost for hybrid and electric car makers amid a shift by policy-makers away from the traditional internal comb...
  • Down 35 percent: Bitcoin tumbled below $13,000
    Jpmorgan's_jamie_dimon_says_bitcoin_%e2%80%9cis_a_fraud%e2%80%9d_and_will_blow_up 2017-12-22 07:47:50 UTC
    TOKYO (Reuters) - Cryptocurrency bitcoin tumbled below $13,000 briefly on the Bitstamp exchange BTC=BTSP on Friday, down roughly 35 percent from its record top near $20,000 set at the start of the week. It was last down 7 percent at $14,499 BTC...
  • Donald Trump, Corrupt King of the Swamp
    Donald_trump__corrupt_king_of_the_swamp 2017-12-21 02:42:33 UTC
    The US tax bill is an unashamed enrichment scheme for the wealthy and slap in the face for the poor. Trump's giant giveaway to the richest Americans, like himself, finally makes clear to everyone where the president's real sympathies lie. After...
  • The end of US net neutrality is a license to print money
    The_end_of_us_net_neutrality_is_a_license_to_print_money 2017-12-18 06:59:52 UTC
    <blockquote><strong>So far, all data on the internet has had to be transported on an equal footing, above all at the same speed. In the US, that will change. Joerg Brunsmann asks why politicians are making it so cheap for providers.</strong> I ...
  • Here's a Look at the Final Republican Tax Bill
    Here's_a_look_at_the_final_republican_tax_bill 2017-12-17 06:15:52 UTC
    Republicans in the U.S. Congress released a final version of their tax bill on Friday, clearing the way for Senate and House of Representatives votes on the legislation next week. President Donald Trump wants to sign tax legislation before the ...
  • Walt Disney Buys Rupert Murdoch’s Twenty-First Century Fox
    Walt_disney_buys_rupert_murdoch%e2%80%99s_twenty-first_century_fox 2017-12-14 18:19:23 UTC
    (Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world’s largest entertainment company an arsenal of sho...
  • US government rescinds rules aimed at ensuring a free and open internet
    Us_government_rescinds_rules_aimed_at_ensuring_a_free_and_open_internet 2017-12-14 19:40:07 UTC
    WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital land...
  • Deutsche Bank: Trump’s banking data turned over to Mueller
    Deutsche_bank-_trump%e2%80%99s_banking_data_turned_over_to_mueller 2017-12-05 18:43:29 UTC
    FRANKFURT (Reuters) - Special Counsel Robert Mueller has asked Deutsche Bank to share data on accounts held by U.S. President Donald Trump and his family, a person close to the matter said on Tuesday. Germany’s largest bank received a subpoena ...
  • Bitcoin loses 20 percent of its value in less than 24 hours
    Bitcoin_loses_over_20_percent_of_its_value_in_less_than_24_hours 2017-11-30 20:57:52 UTC
    LONDON (Reuters) - Bitcoin slid to as low as $9,000 in volatile trade on Thursday, having lost more than a fifth of its value since hitting an all-time high of $11,395 on Wednesday. The cryptocurrency fell as much as 8 percent on Thursday on th...
  • The Next GOOGLE Could Come From Europe
    Next_google_could_come_from_europe 2017-11-30 06:38:48 UTC
    LONDON (Reuters) - Europe is making major strides to eliminate barriers that have held back the region from developing tech firms that can compete on the scale of global giants Alphabet Inc’s Google, Amazon.com Inc or Tencent Holdings Inc, a repor...
  • Bitcoin tops an all-time high above $10,000
    Jpmorgan's_jamie_dimon_says_bitcoin_%e2%80%9cis_a_fraud%e2%80%9d_and_will_blow_up 2017-11-29 06:11:39 UTC
    NEW YORK (Reuters) - Red-hot bitcoin soared through an all-time high above $10,000 on Wednesday, taking its gains to more than 900 percent so far this year, the most of any asset class. Despite widespread scepticism of many veteran bankers and ...
  • Uber paid hackers $100,000 to keep secret a massive breach
    Uber_paid_hackers__100_000_to_keep_secret_a_massive_data_breach 2017-11-22 06:25:44 UTC
    (Reuters) - Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the personal information of about 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the U.S...
  • AT&T CEO Says Never Offered to Sell CNN
    At_t_ceo_says_never_offered_to_sell_cnn 2017-11-09 05:04:37 UTC
    NEW YORK/WASHINGTON (Reuters) - U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s CNN cable network as a condition of approval of its deal to buy the media com...
  • The Paradise Papers: Queen's Private Estate in Hot Water
    The_paradise_papers-_queen's_private_estate_in_hot_water 2017-11-06 18:53:23 UTC
    Reporters have published a raft of secret documents that reveal the strange investments and tax avoidance indulged in by the powerful and wealthy. The revelations come from the same team that uncovered the Panama Papers. But it appears for now tha...
  • Agatha Christie, ‘Queen of Crime,’ is Returning to the Big Screen
    Agatha_christie__%e2%80%98queen_of_crime_%e2%80%99_is_returning_to_the_big_screen 2017-11-06 07:05:51 UTC
    LONDON (Reuters) - Agatha Christie, the author dubbed the ‘Queen of Crime,’ is returning to the big screen after a decades-long absence with an adaptation of “Murder on the Orient Express,” directed by Kenneth Brannagh. Starring Brannagh as ecc...
  • What happens to your body when it's donated to science
    Lucrative_business_with_donated_bodies_of_americans_to_science 2017-10-24 20:19:03 UTC
    When Americans leave their bodies to science, they are also donating to commerce: Cadavers and body parts, especially those of the poor, are sold in a thriving and largely unregulated market. Since it's not regulated by a federal agency, there...
  • Log In or Sign Up: Facebook, Google, Twitter agree on 'G7' plan to counter terror propaganda
    Log_in_or_sign_up-_facebook__google__twitter_agree_on_plan_to_counter_terror_propaganda 2017-10-23 06:38:56 UTC
    The leading technology companies including Facebook, Google, Twitter and G7 countries have agreed to work together to combat online terror propaganda. The Group of Seven (G7) countries and some of the world's biggest technology firms agreed on ...
  • Bitcoin surged to a record high of more than $6,000
    Jpmorgan's_jamie_dimon_says_bitcoin_%e2%80%9cis_a_fraud%e2%80%9d_and_will_blow_up 2017-10-20 20:12:57 UTC
    NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a who...
  • Insurance company to 9-month-old boy: Too expensive to keep you alive
    Insurance_company_to_9-month-old_boy-_too_expensive_to_keep_you_alive 2017-10-18 20:55:06 UTC
    A 9-month-old boy with an aggressive brain tumor received a letter from his family’s insurance company explaining that treating the cancer would be too expensive and therefore “not medically necessary.” ‘Dear Connor Richardson,” the letter said...
  • German automakers relying on efficiency to build electric cars
    German_automakers_relying_on_efficiency_to_build_electric_cars 2017-10-05 03:13:13 UTC
    FRANKFURT (Reuters) - BMW and Mercedes are betting they can mass produce new electric cars based on conventional vehicles, defying sceptics who say they will need more radical designs to head off the threat from Tesla and other start-up carmakers....
  • Playboy Magazine founder Hugh Hefner dies at the Mansion
    Playboy_magazine_founder_hugh_hefner_dies_at_the_mansion 2017-09-28 07:45:47 UTC
    (Reuters) - Playboy founder Hugh Hefner, who helped usher in the 1960s sexual revolution with his groundbreaking men’s magazine and built a business empire around his libertine lifestyle, died on Wednesday at the age of 91, Playboy Enterprises sai...
  • China's Banks to Stop Doing Business with North Korea
    Peoples_bank_of_china 2017-09-21 13:19:57 UTC
    BEIJING/HONG KONG (Reuters) - China’s central bank has told banks to strictly implement United Nations sanctions against North Korea, four sources told Reuters, amid U.S. concerns that Beijing has not been tough enough over Pyongyang’s repeated nu...
  • Elizabeth Warren launches investigation into Equifax breach
    Elizabeth_warren_launches_an_investigation_into_equifax_data_breach 2017-09-16 02:48:20 UTC
    WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren said on Friday she has begun an investigation into Equifax’s massive data breach, and along with 11 other Democratic senators, introduced a bill to allow consumers to freeze their credit for fre...
  • Equifax: Web Server Vulnerability Led to Hack
    Equifax_data_breach 2017-09-14 11:48:32 UTC
    (Reuters) - Credit reporting company Equifax Inc blamed a web server vulnerability in its open-source software, called Apache Struts, for the recent data breach that compromised personal details of as many as 143 million U.S. consumers. The mas...
  • Bluetooth bugs bedevil billions of android devices
    Bluetooth_bugs_bedevil_billions_of_android_devices_ 2017-09-13 17:45:53 UTC
    More than 5.3 billion devices with Bluetooth signals are at risk of a malware attack newly identified by an internet of things security company. If you're not keeping count, that's most of the estimated 8.2 billion devices that use Bluetooth, w...