MANAN VATSYAYANA / AFP / Getty Images Mercedes’s pit-crew changes the tyres of British driver Lewis Hamilton’s car during the second practice session of the Formula One Singapore Grand Prix night race on September 15, 2017. Data coming from the cars racing around the island-nation’s city-center will go through engine control units that Rhodes’ firm
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Alphabet Inc.’s Google said it had disabled a “majority” of the offensive keywords that BuzzFeed found could be used by advertisers to target people searching for racist and anti-Semitic topics. Google, the world’s biggest advertising platform, not only allowed advertisers to target searches such as “Why do Jews ruin everything” but also suggested the user
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JPMorgan’s top quant strategist backed his boss this week in bashing bitcoin, warning that the cryptocurrency is likely a “pyramid scheme.” Marko Kolanovic, the bank’s global head of quantitative and derivatives strategy, said in a note on Wednesday that in addition to being volatile and difficult to value, “another worrying aspect of cryptocurrencies are some
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Currently, Wal-Mart operates a slew of more than 20 smaller office buildings throughout the state. But McMillon said that has become “expensive and inefficient to maintain.” Also, the dispersed offices “literally encouraged us to work in silos,” he said. The big-box retailer said it intends to bring most of its home office associates in northwest
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Timothy Fadek | Bloomberg | Getty Images Passengers use self check-in kiosks inside the United Continental Holdings Inc. terminal at Newark Liberty International Airport (EWR) in Newark, New Jersey, April 12, 2017. JPMorgan issued major reductions to earnings forecasts on U.S. airline companies Friday, warning that reluctance to raise fare prices is hamstringing profits. “The
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Oracle was the worst-performing stock in the S&P 500 on Friday, tumbling more than 6 percent in its worst day in 4 years. The company reported stronger-than-expected earnings on Thursday for the first quarter of its 2018 fiscal year, which ended on August 31. But the stock turned negative after the company gave guidance for
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A casual observer may assume Bridgewater Associates founder Ray Dalio, who runs the world’s largest hedge fund, only had a charmed investing career filled with success after success. But that isn’t the case, as the legendary investor explained in his upcoming book. He actually went broke eight years after he started his investment firm. Counterintuitively,
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Bitcoin surged about 13 percent on Friday, but was still on track for a big weekly loss during a tumultuous period of trading. The cryptocurrency fell as low as $2,951.15 Friday, its lowest level since early August, before rebounding to $3,641.47 in late afternoon trading. For the week, however, bitcoin has lost about 14.7 percent
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According to Conway’s research, Louisiana’s in-migration was greatly impacted in the post-Katrina period. “We saw a big dropoff in their migration in the five years to follow,” she said. “I would think there would be a similar dropoff after Irma.” Comparatively, after a series of hurricanes pummeled the Sunshine State in 2004-2005, including Charley and
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Shipping giant A.P. Moller-Maersk is taking the right steps to improve shareholder value, said the company’s former group chief executive. The conglomerate is currently in the midst of separating its transport and logistics businesses from its energy operations — an effort that’s been many years in the making, Nils Andersen told CNBC on Friday. Maersk
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