Economy


Boston Companies Make Survey's Best Places to Work List Boston Companies Make Survey's Best Places to Work List
- December 07, 2017

We always encourage our current and former employees to give us honest and open feedback and put transparency at the heart of everything we do. Aside from one stray year (2015) in which it ranked 13, the company has finished no lower than 5 place. (more...)
The Mod Squad: YouTube to Protect Kids With Army of Content Moderators The Mod Squad: YouTube to Protect Kids With Army of Content Moderators
- December 06, 2017

Its machine learning systems, which flag 98% of videos removed for violent extremism, now help human reviewers remove almost five times as many videos than they were previously. (NASDAQ: GOOGL ), plans to dedicate more people to help weed out extremist content from the video sharing website. Some 250 advertisers earlier this year also said they would boycott YouTube because of extremist videos that promoted hate and violence. (more...)
Apple To Pay Irish State Aid Bill From 2018 Apple To Pay Irish State Aid Bill From 2018
- December 06, 2017

Last year, the European Commission ruled that Apple should have to pay £11 billion in back taxes after the company funneled money through Ireland to avoid paying larger taxes on profits made throughout Europe. The Cupertino, Calif. -based tech company said in a statement that it remains confident the court will overturn the ruling once evidence has been reviewed. (more...)
Is Salil Parekh second-time lucky? Is Salil Parekh second-time lucky?
- December 04, 2017

As part of the appointment, Infosys said that interim CEO and MD Pravin Rao , a company veteran, will step down from his role but will continue as the chief operating officer and a whole time director till August 2022. Another major contention was the Panaya acquisition by Infosys . Salil S. Parekh will be the sixth CEO of Infosys . Sikka, who was brought in from SAP in 2014, was the first non-founder CEO at the over United States dollars 10 billion company. (more...)
Flynn pleads guilty to lying about Russian Federation Flynn pleads guilty to lying about Russian Federation
- December 03, 2017

The president's comments come the day after his former national security adviser pleaded guilty to lying about his contacts with then-Russian Ambassador Sergey Kislyak . But inside a large event space in Cipriani, where a large Christmas tree stood nearby, the president turned nostalgic about the 2016 election and recalled that few people expected him to notch the required 270 electoral votes to claim the White House . (more...)
Police evacuate Potsdam Christmas Market goers in Germany after finding suspicious device Police evacuate Potsdam Christmas Market goers in Germany after finding suspicious device
- December 02, 2017

In Potsdam , police said a suspicious object had been delivered to a pharmacy. POLICE have evacuated a Christmas market in Germany after a bomb was delivered to nearby pharmacy, nearly a year after a deadly terrorist attack on a similar target. (more...)
Waymo-Uber trial delayed over new evidence Waymo-Uber trial delayed over new evidence
- November 29, 2017

Waymo had requested the delay on Monday so it could look into whether or not Uber had withheld evidence in the case . To view the full article, register now. Pressed under questioning, Jacobs acknowledged that the letter also alleged that Uber had stolen trade secrets from Waymo, as well as other intellectual property in the U.S. (more...)
Time Inc. agrees to be sold to rival publisher Meredith Time Inc. agrees to be sold to rival publisher Meredith
- November 28, 2017

On Friday, Time shares closed at $16.90. "Meredith wanted to buy Time Inc. back in 2012, but didn't want Time magazine ", former Time magazine Editor Richard Stengel tweeted following the deal's announcement this morning. Publisher Meredith (NYSE: MDP ) is close to a deal to acquire Time Inc . Meredith, whose magazines include Better Homes and Gardens , Shape and Family Circle , acquired the company for $18.50 per share. (more...)
Owners call Small Business Saturday a success Owners call Small Business Saturday a success
- November 27, 2017

We're got 30 percent off pretty much the entire store; jewelry, clothes, shoes, bags,"said Fashion Barn Owner Homer Beaty". Small businesses all around Chatham County and beyond welcomed shoppers to their own special events to celebrate shopping local . (more...)
Amazon's Jeff Bezos Is Now Worth $100 Billion Thanks to Black Friday Amazon's Jeff Bezos Is Now Worth $100 Billion Thanks to Black Friday
- November 27, 2017

The world's richest man and e-commerce mogul directly owns about 78.9 million shares of Amazon . Online sales for Black Friday are up 18.4% from previous year, while the projected final spend is $5bn, according to Adobe Analytics. Bezos then overtook Gates last month when his fortune soared past $90bn. Bezos officially earned the title in October when he surpassed Gates, a feat he also briefly accomplished in July. (more...)
CBS And Dish Network Reach Deal, Ending Blackout CBS And Dish Network Reach Deal, Ending Blackout
- November 25, 2017

CBS and Dish Network have reached an agreement, ending a blackout in some markets and allowing Dish customers in the Boise area to once again watch CBS content, including football games. "We are pleased we have reached a deal with DISH, who recognizes the value that the number one Network brings to viewers in these markets", said Ray Hopkins, CBS Corporation's President of Television Networks Distribution, Deadline reports. (more...)
Buoyed by mobile, Black Friday shopping off to strong start Buoyed by mobile, Black Friday shopping off to strong start
- November 25, 2017

Adobe Insights, which measures 80 percent of online transactions at 100 major US retailers, said mobile transactions are "hitting record highs" this holiday season. Eastern Time, an 18.4% growth over a year ago. For years, Black Friday , the day after Thanksgiving, remained one of the busiest shopping days of the year, even though it is losing its preference these days with more and more online shopping. (more...)
Federal Bureau of Investigation charges hacker who ransomed HBO and leaked GoT episodes Federal Bureau of Investigation charges hacker who ransomed HBO and leaked GoT episodes
- November 23, 2017

He was charged with one count of wire fraud, one count of computer hacking, three counts of threatening to impair the confidentiality of information, one count of aggravated identity theft and one count of interstate transmission of an extortionate communication. (more...)
Uber just gave its users another reason not to trust the company Uber just gave its users another reason not to trust the company
- November 23, 2017

The company didn't find any evidence of fraud and drivers whose license numbers had been stolen would get free identity theft protection and credit monitoring. The news that ride hailing service Uber has suffered, and covered up, a major hack means that millions of people could unknowingly have had their data put at risk. (more...)
German elections: president asks Merkel to break deadlock German elections: president asks Merkel to break deadlock
- November 22, 2017

In a separate interview with broadcaster ZDF, Merkel said she is "skeptical" about such a government."Germany needs a stable government that doesn't need to search for a majority for every decision", she said.Merkel also said she was still prepared to serve as chancellor for another four years, assuming a viable coalition can be formed. (more...)
London buses to be powered by coffee waste London buses to be powered by coffee waste
- November 21, 2017

Bio-bean employs an industrialised process to recycle waste coffee grounds into advanced biofuels, which are a clean, cheap, local and sustainable alternative to imported fuels often burning hotter and for longer than conventional fuels. Bio-bean has been using coffee to deliver energy for a short while now, giving households the ability to burn coffee instead of wood for their fires. (more...)
Funding for sports programs at question in new tax bill Funding for sports programs at question in new tax bill
- November 19, 2017

Reed has been an outspoken supporter of the bill, which lowers federal taxes for 99 percent of taxpayers in New York's 23rd District. This bill keeps more money in the hands of average Americans. Sen. Ron Johnson, R-Wis., announced Wednesday that he would not vote for the Senate tax plan as it stands. I hear from a lot of people in Eastern Washington, especially farmers, business owners, small-business owners, that that is a very hard tax. (more...)
Moody's raises India rating, cites Modi's economic reforms Moody's raises India rating, cites Modi's economic reforms
- November 18, 2017

In the wake of India's rating being upgraded by global credit rating agency Moody, Finance Minister Arun Jaitley said it is "encouraging to gain worldwide recognition and not something that's happening in isolation". Baa2 rating means investment grade with moderate credit risk, and is two notches above the junk grade. Hitting out at opposition for criticising government's economic policies, Jaitley said that those who had doubts about India's reform process should seriously introspect on ... (more...)
Tesla Semi Truck Unveiled; Plus New Roadster, 'Quickest Car in the World' Tesla Semi Truck Unveiled; Plus New Roadster, 'Quickest Car in the World'
- November 18, 2017

For one, it's unclear if Tesla will actually get the Semi rolling out by 2019 as promised. But Tesla has pulled back recently due to concerns about Model 3 production and integration issues with Tesla's acquisition of solar panel company SolarCity - a firm co-founded by two of Musk's cousins. (more...)
Pennsylvania's Jobless Rate Sees New Post-Recession Low In October Pennsylvania's Jobless Rate Sees New Post-Recession Low In October
- November 18, 2017

State officials say the unemployment rate was below the state average in three largest metro areas of ME, which are Portland-South Portland, Lewiston-Auburn and Bangor. The report says Nebraska non-farm employment in October was up 10,379 over the year and up 1,624 over the month. Government employment, at 772,600, increased by 3,300 positions. (more...)