Will they or won’t they? Nine years after they last raised their benchmark interest rate and after months of feverish speculation, Federal Reserve policymakers this week may finally raise that rate from …
General Electric Co. may move about 500 American jobs overseas because Congress did not renew a government program that allows foreign companies to borrow money to buy U.S. products, the industrial conglomerate …
In the attacks, a highly sophisticated form of malicious software, dubbed SYNful Knock, has been implanted in routers made by Cisco , the world’s top supplier, U.S. security research firm FireEye said on Tuesday. “If you own (seize control of) the router, you own the data of all the companies and government organizations that sit behind that router,” FireEye Chief Executive Dave DeWalt told Reuters of his company’s discovery. Cisco
By Irene Klotz CAPE CANAVERAL, Fla. (Reuters ) – Amazon founder Jeff Bezos on Tuesday unveiled plans to build a rocket manufacturing plant and launch site in Florida, a business that will compete against fellow tech billionaire Elon Musk’s SpaceX. Bezos’ space startup, Blue Origin, intends to invest more than $200 million to build a rocket manufacturing facility adjacent to NASA’s Kennedy Space Center, state officials said. The rockets will
Around 300 Danish taxi drivers are expected to protest against the ride-hailing service of Uber Technologies Inc [UBER.UL] on Wednesday, adding to the barrage of criticism facing the U.S. company from India and Brazil to New York city. Lobby group Taxi Drivers in Denmark said on Tuesday it was protesting against the lack of action taken against Uber drivers following its allegations that they do not pay taxes and do
President Barack Obama will raise concerns about cyber security with Chinese President Xi Jinping when they meet in Washington this month amid rising U.S. worries about Chinese hacking of U.S. government and commercial targets, the White House said on Monday. White House spokesman Josh Earnest said he did not have any updates on the timing of potential sanctions against China related to cyber attacks ahead of Xi’s visit. U.S. officials
(Reuters) – Sony Corp and Olympus Corp said they plan to unveil an ultra high-definition surgical endoscope this week, the first major product from a joint venture formed three years ago. The product allows physicians to view clearer, more instant images of internal organs, aiding precision during surgical procedures, the medical device makers told Reuters ahead of an official announcement on Wednesday. Sony bought 11.5 percent of Olympus in 2012,
“Let’s get it out of the way,” the Wharton professor tells CNBC, adding the uncertainty surrounding the guessing game has actually been hurting stocks more than an actual move.
Continued U.S. economic growth is the consensus call. But some signals look toppy and financial accidents are hard to handicap.
What kind of wine pairs best with a Chalupa? Taco Bell customers in Chicago and San Francisco will soon be able to find out. The chain says it will open a location that serves wine, beer, sangria and frozen …
