[ad_1] Enlarge / Mark Zuckerberg in 2016 GENE LLUIS / AFP / Getty Images According to the Wall Street Journal, Facebook is seeking to raise up to a billion dollars for a new cryptocurrency-based payment network that could compete directly with conventional credit cards. We previously covered reports that Whatsapp, a Facebook-owned company, was developing … Read more
[ad_1] Beyond Meat has reached its estimated value of more than $ 1 billion worth of unicorns due, in large part, to the success with which Beyond Burger has imitated the taste and feel of eating a hamburger. However, the herbal burger uses more than just a few vegetables to recreate the taste of a … Read more
[ad_1] Tom Williams | Getty Images If you use an electric scooter, you must wear a helmet. This is the main message to remember from a study by the Austin Department of Public Health and the CDC, published this week. The data, collected this fall in Austin, Texas, revealed that one in 5,000 turns resulted … Read more
[ad_1] Employment in the service sector continued to climb in April, as computer systems designers, social workers and health care professionals remained hot. The manufacturing sector, on the other hand, posted a third consecutive month of weak job numbers. CNBC looked at the net changes by sector for April jobs based on Labor Department data … Read more
[ad_1] The US economy created an additional 263,000 jobs in April, with the unemployment rate falling to 3.6%, its lowest level in a century, the Department of Labor said Friday. The number of jobs in the titles was stellar, but the jobs report looked rather ugly below the surface. Wage growth appeared rather sluggish for … Read more
[ad_1] Marriott today issued a statement regarding the health of Arne Sorenson, President and Chief Executive Officer of the company. On Wednesday, Sorenson, 60, was diagnosed with stage 2 pancreatic cancer. According to Marriott's statement: Sorenson, 60, was diagnosed by a medical team at Johns Hopkins Hospital in Baltimore after a series of tests. Sorenson … Read more
[ad_1] Berkshire Hathaway is keen on his significant stake in Apple, Warren Buffett said. "We have not changed our [Apple] Buffett told CNBC's Becky Quick on Thursday, on the eve of the kick-off of Berkshire Hathaway's annual shareholders meeting in Omaha this weekend. Apple's shares have grown more than 32% this year, particularly thanks to … Read more
[ad_1] The shares came out of the starting grid on Friday, with a sharp surge in earnings news and a report on employment in April. X The Nasdaq led the lead early, up 1% soon after the starting bell. Industrial stocks in the Dow Jones rose 0.5% and the S & P 500 was up … Read more
[ad_1] The morningAll your daily news on the car in a convenient place. Is your time not more important? Tesla is looking to raise $ 2 billion, Ford is reducing its V8 production, electric vehicles need to fight against solar power providers and Jaguar has a plan in these difficult times. Everything is in The … Read more
[ad_1] In a new series of regulatory filings Friday morning, the company has increased about 17.5% the amount of its cash. Part of the increase is due to the slightly higher estimated price of the shares sold. The shares gained 4% in trading Thursday after the announcement of the initial capital increase. But Tesla also … Read more