Month: September 2018

Sean Rayford | Getty Images People navigate floodwaters caused by Hurricane Florence near the Waccamaw River on September 23, 2018 in Conway, South Carolina.  Flood-caused property damage generally is covered under a National Flood Insurance Program policy, if the homeowner has one. The problem is that most people don’t. Only 12 percent of homeowners have
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Monzo has won over an increasing number of plaudits, and customers, since setting up business in 2015. And now the start-up challenger bank has topped LinkedIn’s “Top 25 U.K. Start-Ups” rankings for the second-year running. Other companies in the financial sphere to make the list’s top 10 include Revolut and ClearBank. To be eligible, businesses
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As China becomes more active in artificial intelligence, the U.S. should double the amount it spends on research in the field, says investor and AI practitioner Kai-Fu Lee, who has worked for Google, Microsoft and Apple. The comments come after various parts of the U.S. government have made AI announcements, even as the U.S. overall
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John Donahoe’s cloud company may be focused on transforming work, but the ServiceNow chief draws a lot of inspiration from some of the world’s top consumer-facing apps, he told CNBC on Friday. “Over the last 10 years, in the consumer mobile revolution, technology has transformed our lives at home with cloud-based applications like an eBay
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If you haven’t visited a college campus, secondhand store or seen “Crazy Rich Asians,” in which one of the central characters possesses a Jamba Juice freebie card, you may not have heard: Thrift is cool. In hospitality, that spirit has worked its way from Airbnb mania to spinoff hotel brands and independent properties that promise
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SeongJoon Cho | Bloomberg | Getty Images John Chen, chief executive officer of BlackBerry Ltd., holds the BlackBerry Priv smartphone. BlackBerry reported quarterly profit above Wall Street’s estimates on Friday, as lower expenses helped offset a drop in its enterprise software and services revenue. U.S.-listed shares of the company were up 2.7 percent premarket. BlackBerry,
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Of course, there is no shortage of legitimate ways to invest in gold, which is gaining some new attention lately due to global instability, as well as the potential inflationary effects of a growing economy and an escalating trade war. Gold prices may be lower these days in the face of a soaring stock market,
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Rite Aid said it would overhaul its board of directors Thursday, a month after it abandoned its merger with grocery chain Albertsons. The company said that it is separating the CEO and chairman position. Director Bruce Bodaken will become chairman and John Standley will remain CEO. Additionally, Rite Aid nominated three independent directors — Robert
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