Is Bitcoin Over? Mt. Gox Pauses Withdrawals
SWI Editorial Staff2014-02-10T10:46:00-08:00Feb. 10 (Bloomberg) -- Matt Miller reports on Bitcoin exchange Mt. Gox's cash withdrawal woes on Bloomberg Television's "In The Loop." (Source: Bloomberg)
European stocks rally after ECB holds fire
SWI Editorial Staff2014-02-06T11:49:12-08:00Europe's main stock markets rose solidly on Thursday as traders remained unfazed by the lack of action at the ECB and banked on further recovery in the eurozone. The European Central Bank held its key interest rates steady with bank head Mario Draghi…
US stocks end higher on solid corporate results
SWI Editorial Staff2014-02-05T10:04:36-08:00US stocks Tuesday closed higher after some solid corporate results helped spark a partial recovery from the prior day's rout. The Dow Jones Industrial Average rose 72.44 points (0.47 percent) to 15,445.24. The broad-based S&P 500 added 13.31 (0.76 percent…
Tesla Charging Woes Means Apology For Norway
SWI Editorial Staff2014-02-05T09:55:57-08:00Elon Musk apologized to Norwegian owners of the Tesla Model S, some of whom have had difficulties charging their Teslas in the extreme colds of Scandinavia. The issue seems to stem from the Tesla Universal Mobile Connector, or TUMC, which isn’t meshing…
US stocks open higher on Microsoft, earnings reports
SWI Editorial Staff2014-02-04T09:55:50-08:00US stocks Tuesday opened higher as Microsoft made a long-awaited announcement on a new chief executive and a handful of corporate results bested expectations. Five minutes into trade, the Dow Jones Industrial Average advanced 37.06 points (0.24 percent…
US stocks tumble 2% after weak manufacturing data
SWI Editorial Staff2014-02-05T21:41:37-08:00US stocks fell sharply in early trade Monday as lackluster reports on Chinese and US manufacturing activity added to concerns about economic growth and emerging-market economies. About 55 minutes into trade, the Dow Jones Industrial Average slumped…
The Tesla Model S Could Be Made In China
SWI Editorial Staff2014-01-30T10:54:13-08:00China could be a huge market equalizer for Tesla Motors, and Elon Musk’s fledging electric car company is making a big push in the People’s Republic. Not only will the Tesla Model S carry a comparatively-low price tag in China, but Musk is hopeful…
Fed cuts US economic stimulus again
SWI Editorial Staff2014-01-29T16:32:05-08:00The Federal Reserve stayed the course on tapering its stimulus for the US economy Wednesday, reducing asset purchases by $10 billion for the second month in a row. Amid emerging-market turmoil blamed in part on its stimulus reduction, the Fed, as expected…
Why Android Still Can’t Dominate iOS: 4 Areas Where the Android OS Falls Short
SWI Editorial Staff2014-01-28T16:02:44-08:00The Android OS has actually outsold Apple’s iPhone as of early 2013, due in part because of its existence on many phones across several companies. Source Though even if you ignore that numerical advantage, the Android OS has consistently been a strong…
US stocks rise despite Apple hit
SWI Editorial Staff2014-01-28T10:29:58-08:00US stocks moved higher in early trade Tuesday, overcoming a poor durable goods report and a disappointing outlook from Apple. About 35 minutes into trade, the Dow Jones Industrial Average gained 95.43 (0.60 percent) to 15,933.31. The broad-based S&P…
