The Federal Reserve is likely to begin reducing its $4.5 trillion balance sheet in early 2018, JPMorgan economist Michael Feroli wrote in a research note. He expects the Fed to stop reinvesting in mortgage-backed securities […]
While speculation on bidders for Toshiba’s (TOSYY +2.3%) NAND business has centered on Broadcom (NASDAQ:AVGO), as well as Micron, Western Digital and SK Hynix, Apple (AAPL +0.1%) may be among bidders as well, according to […]
Audi plans to acquire Silvercar. Silvercar is a U.S.-based car-sharing startup. It was founded specifically to address the high-end airport rental car market. The company’s fleet is already made up exclusively of Audi A4 cars. […]
Walmart is touting “6 Easter Basket Must Haves” with a Snapchat campaign. It lets users tap on short animations for advice about creating an Easter basket. The push includes YouTube how-to videos. With consumers visiting […]
Looker claims to be the only one handling information from the database in which its housed all the way to end uses like a prompt to pull up a report within chat tool Slack. To […]
A number of prominent engineers in the self-driving space have left firms such as Uber, Google and Tesla to work for startups or launch their own companies. One example is Peter Rander, who left Uber. […]
SpaceX has successfully relaunched a Falcon 9 rocket. It was used on a resupply mission for the International Space Station. Relaunching rockets is a critical step for the company as it looks to make space […]
German inflation dropped to 1.5% in March from 2.2% a month earlier, in line with what the European Central Bank predicted. The adjustment makes it more likely that the ECB will continue with its stimulus […]
The US trade deficit with China is expected to be a key topic during Chinese President Xi Jinping’s visit to US President Donald Trump’s Mar-a-Lago retreat. “The meeting next week with China will be a […]
Uber may be slapped with an order that could impede its self-driving car program. Indeed, its director Anthony Levandowski won’t testify because he faces possible criminal action for allegedly stealing Waymo’s trade secrets. “If you think […]
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