US stocks Thursday moved lower following mixed economic data on the retail and job markets. About 50 minutes into trade, the Dow Jones Industrial Average shed 85.89 points (0.54 percent) at 15,757.64. The broad-based S&P 500 fell 5.11 (0.29 percent)…
Shares of US hotel giant Hilton Worldwide Holdings jumped 7.0 percent Thursday as they hit the market following the year's second largest US market IPO that raised $2.35 billion. Minutes after entering the market, at 1530 GMT Thursday Hilton shares…
By Hamish McKenzie On December 10, 2013On the one hand, we have Snapchat, an immensely viral app that lets people send disappearing messages to each other. It has been in the news recently for turning down a $3 billion acquisition offer from Facebook…
Solar panels were installed on more American residential rooftops in the 3rd Quarter of 2013 than any other quarter in history, pushing US installed solar capacity over the 10-gigawatt (GW) milestone and potentially ahead of Germany for the first time…
By Michael Carney On November 26, 2013By all metrics and accounts, bitcoin’s popularity is exploding across the People’s Republic of China. It now boasts the world’s most active bitcoin exchange, BTC China, the greatest number of bitcoin mining…
By Michael Carney On December 9, 2013Apple rules its iOS kingdom with an iron fist. The company rejects apps from its App Store, often without explanation and occasionally seemingly in conflict with its own stated rules or prior behavior toward comparable…
It’s not uncommon for early stage tech companies to pony up stock options to lure key employees on board. For a new business without a lot of cash available, it makes sense to offer options in lieu of hefty paychecks. From the company’s vantage…
The 2015 Ford Mustang is already making headlines for the return of a four-cylinder turbo engine, coming in at around 300 horsepower. But a four-cylinder turbo probably won’t be enough to stave off upcoming increases in fuel economy, and one Ford…
There are many reasons to reject fossil fuels now, after 200 years of their reign as society’s primary energy source. History will articulate both the benefits provided to human society derived from fossil fuel energy technologies from 1750 to the…
Faced with a firestorm of criticism for lacking a woman director, Twitter last week named media executive Marjorie Scardino to its board. While Scardino’s appointment to the previously all-male board finally quashes the raunchy (forgive us) “three…
