Markets

Netflix tops Disney market value, becoming No. 1 media stock

Netflix tops Disney market value, becoming No. 1 media stock During the same timeframe, Disney ended with a market cap of $153.36 billion, which narrowly edges out Netflix by a slight $500 million. Though Netflix may have had somewhat humble beginnings as a purveyor of DVDs, the company today is a bona-fide media juggernaut with an ever-increasing selection of original, compelling content. [Full Article...]

House Passes Dodd-Frank Rollback Bill

House Passes Dodd-Frank Rollback Bill The bill is viewed as a big victory for small and mid-sized banks, which many experts believe have been unduly burdened by the Obama-era law, known as Dodd-Frank. The bill includes a provision that will give consumers the right to free credit freezes, an issue that arose after the massive Equifax data breach past year. [Full Article...]

NTSB reports self-driving Uber spotted pedestrian before crash, but didn't brake

NTSB reports self-driving Uber spotted pedestrian before crash, but didn't brake In those six seconds , the self-driving system was wildly confused about what the pedestrian even was: First, it was an unknown object, then another auto, then a bicycle. It didn't have a specific comment on the NTSB report. Uber had previously voluntarily suspended all of its self-driving testing until the review, involving the NTSB, National Highway Traffic Administration, and the Tempe A... [Full Article...]

Federal Bureau of Investigation thwarts potential cyberattack on Ukraine

Federal Bureau of Investigation thwarts potential cyberattack on Ukraine Cisco has discovered about 500,000 infected devices, but believes the actual number may be much higher. The researchers said the new malware shares numerous same codes used in known Russian cyberattacks and called the attack "likely state-sponsored". [Full Article...]

Body identified as Lucas Hernandez; stepmom held on $250K Bond

Body identified as Lucas Hernandez; stepmom held on $250K Bond He says it's a huge area, and all the bridges and woods in it seemingly looked the same. According to the Wichita Eagle , the badly decomposed body was under a bridge on a gravel road, about a quarter of a mile from the nearest house. Emily Glass has been arrested after the body of her step-son, Lucas Hernandez, was discovered in rural Kansas. On the night before he disappeared, the paper rep... [Full Article...]

Northern apologises as government reveals plans to improve ‘inadequate’ rail service

Northern apologises as government reveals plans to improve ‘inadequate’ rail service It has been hard for many of our customers, in particular on a number of routes around north Manchester extending up to Blackpool, and we are very sorry for this. Chief executive of Transport for the North, Barry White, said: "We are extremely disappointed and concerned with the inadequate performance of Northern". [Full Article...]

Service dog gives birth to puppies at Florida airport

Service dog gives birth to puppies at Florida airport The father of the puppies - a dog named Golden Nugget - was also present at the scene of the delivery. He looks very proud. It was an exciting day for a two-year-old yellow lab - and the entire Tampa Airport. They announced that six puppies - all boys - were born, and they were patiently awaiting the seventh pup. They now plan to drive from Tampa to Philadelphia - roughly 1,000 miles - with thei... [Full Article...]

Musk slams fake news media, muses about app to rate reporters

Musk slams fake news media, muses about app to rate reporters In addition, Musk blamed the media for "being under constant pressure to get max clicks & earn advertising dollars or get fired". Musk then wrote a series of tweets lamenting the state of journalism and vowing to do something about it. On Wednesday afternoon, he shared with his almost 22 million followers a tweet linking to posts on the auto blog Electrek criticizing recent coverage of fatal T... [Full Article...]

South Korean president met North Korea's Kim Jong Un Saturday: Seoul

South Korean president met North Korea's Kim Jong Un Saturday: Seoul North Korean leader Kim Jong-un, USA president Donald Trump . Kim wants to make a "grandiose proposal", he said , such as denuclearization in exchange for normalizing relations, but agreeing to that without working out the finer points could have serious ripple effects, including taking away the legal justification for US troops on the peninsula. [Full Article...]

Deutsche Bank looks to cut 10,000 jobs to reduce costs

Deutsche Bank looks to cut 10,000 jobs to reduce costs The bank said Thursday it would cut its workforce from 97,000 to "well below" 90,000 in order to achieve cost reduction targets. Following a review of the business, the number of jobs in Deutsche's equities sales and trading business is being cut by a quarter. [Full Article...]

Million Chrysler, Dodge, Jeep and Ram Vehicles: Recall Alert

Million Chrysler, Dodge, Jeep and Ram Vehicles: Recall Alert The models include the popular Ram pickup trucks of all sizes, the Jeep Cherokee and the Chrysler Pacifica minivan. The company said it is recalling an unspecified number of additional vehicles in Canada, Mexico and other markets, and recalling some Fiat Fremont vehicles built on the same platform of the Dodge Journey. [Full Article...]

Gas prices ramp up ahead of Memorial Day weekend

Gas prices ramp up ahead of Memorial Day weekend The American Automobile Association says drivers are about to pay the highest gas prices since 2014. For those who are flying, there's some good news. Supply is down: OPEC and Russian Federation have cranked back production, starting previous year, to offset shale production in North America. Other analysts believe the Trump administration's decision to withdraw from the Iran Nuclear Deal will ... [Full Article...]

Tesla that crashed in Autopilot sped up before hitting firetruck

Tesla that crashed in Autopilot sped up before hitting firetruck The Tesla owners said they had paid an extra $5,000 to have their cars equipped with the Autopilot software, which promised to provide additional safety features, but in fact was "completely inoperable", according to the complaint. She told police she was looking at her phone comparing different routes to her destination. The case stems from a class action filed in April 2017, in which Tesla o... [Full Article...]

U.S. Justice Department Probes Price Manipulation on Bitcoin Markets

U.S. Justice Department Probes Price Manipulation on Bitcoin Markets The other practice, wash trades , is when a trader only trades with him or herself in order to create the false illusion of market demand - a move that aims to draw more people to invest as well. This apparently involves overloading the market with buy or sell orders artificially to send prices up or down and then cancelling the orders after profiting from the price change. [Full Article...]

Elon Musk Has Plans to Shake Up the Media

Elon Musk Has Plans to Shake Up the Media He followed that up with a series of tweets arguing that "sanctimonious" journalists were driven by constant pressure to generate clicks and earn advertising. But why pay union dues & give up stock options for nothing? Recently Consumer Reports (CR) tested the Tesla Model 3 and found that the auto had braking distances that were much longer than other vehicles in its class. [Full Article...]

Uber shutters self-driving auto testing program in Arizona

Uber shutters self-driving auto testing program in Arizona Uber announced Wednesday, May 23, that it is pulling its self-driving cars out of Arizona, a reversal triggered by the recent death of woman who was run over by one of the ride-hailing service's robotic vehicles while crossing a darkened street in a Phoenix suburb. [Full Article...]

Crude oil price rise could moderate later, suggests Spanish survey

Crude oil price rise could moderate later, suggests Spanish survey U.S. West Texas Intermediate ( WTI ) crude futures eased 21 cents, or almost 0.3 percent, to $71.99 a barrel, having climbed on Tuesday to $72.83, also the highest since November 2014. The US has also played a key role in helping to keep oil prices below US$80 this week. Iran had a 1 million b/d drop in crude output the last time sanctions were imposed. [Full Article...]

Austrian data privacy activist takes aim at 'forced consent'

Austrian data privacy activist takes aim at 'forced consent' The right to data portability , so any information companies store about customers can be demanded, and moved elsewhere. Codility is committed to helping hiring teams carry out their tech recruiting efficiently, effectively, and compliantly. [Full Article...]

Uber Ends Driverless Car Program In Arizona

Uber Ends Driverless Car Program In Arizona The SUV also lacked a way to alert the human driver behind the wheel to manually brake. The car's autonomous systems "make sure the vehicle's aware of everything around it, like the stop sign up ahead, that woman crossing the street, and the cyclist coming up behind them". [Full Article...]

'Idiotic': NBA coach rips NFL's new anthem policy

'Idiotic': NBA coach rips NFL's new anthem policy This changed when President Trump , in an attempt to mobilize his most reactionary supporters and divert attention from his crisis-ridden administration, launched a public attack on the National Football League for not cracking down more forcefully on protests, declaring, "Wouldn't you love to see one of these National Football League owners, when somebody disrespects our flag, to say 'get that s... [Full Article...]


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