United Continental Holdings, the parent of United Airlines, posted earnings Tuesday that outpaced analyst estimates. For the fourth quarter, the company said it earned $1.40 per share, on an adjusted basis. Wall Street analysts polled by Thomson Reuters were expecting earnings of $1.34 per share. The airline had struggled to […]
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Apple releases Meltdown patches for older versions of Mac
Apple on Tuesday took the next step toward protecting Mac users from recently disclosed security vulnerabilities that have been shown to affect many kinds of devices. The move brings Apple closer to being on par with Microsoft in terms of deploying protections for older versions of its desktop operating systems. […]
Facebook hires the scientist who helped build IBM Watson to lead its A.I. expansion
Facebook has hired a former IBM executive to be its head of artificial intelligence as it aims to expand its efforts in that area. The personnel changes come as Amazon, Google and Microsoft also staff up in AI. Jérôme Pesenti, who led the development of the Watson platform at IBM […]
The vast majority of digital coin offerings are scams, warns CEO of a crypto services firm
CoinList CEO Andy Bromberg on CNBC Tuesday cautioned investors to be careful of fraud when buying into initial coin offerings. “The vast majority of ICOs are scams or people seeking to raise money easily,” said Bromberg, whose company is a platform that helps crypto start-ups find investors. ICOs are a […]
Trump says he will push investment in the US at elite gathering in Davos
President Donald Trump will push corporate and world leaders to invest more in the United States at the elite World Economic Forum in Switzerland this week, he said Tuesday. “I’m going to Davos. We’re going to be talking about investing in the United States again, for people to come and […]
Senators used a ‘talking stick’ during shutdown negotiations
Political pundits will debate the winners and losers of the three-day government shutdown, but a clear frontrunner for the unsung hero award has emerged: Sen. Susan Collins’s “talking stick.” Republican and Democratic senators reportedly huddled in the office of the Maine Republican senator, who hosted negotiations to break the shutdown […]
Forget Zucker, Disney’s James Pitaro has the best shot to be the next ESPN president
Late last week, Deadline reported that current CNN president Jeff Zucker was deep in talks with Disney’s Bob Iger about becoming the next president of ESPN, replacing John Skipper, who stepped down recently to deal with substance abuse issues. This report now appears to be in doubt, as the Sports […]
Bank of America customers protest new requirements for free checking
Some Bank of America customers are protesting a rule change that makes it harder for consumers with low balances to continue receiving free checking. This month, the banking giant switched e-banking customers into accounts that require a $12 monthly fee unless they have a direct monthly deposit of $250 or […]
Here’s how 7 millennial leaders plan to accomplish their goals in 2018
It’s the first month of the new year. Are you on your way to achieving your New Year’s resolutions, or have you already faltered or given up completely? According to business and life coach Tony Robbins, 80 percent of people give up on their New Year’s resolutions by the second […]
JP Morgan Chase to build 400 new branches, raise wages because of the tax cut
J.P. Morgan Chase announced plans to spend $20 billion over five years to raise hourly pay for a portion of its workforce, add jobs and open 400 branches in new U.S. locations. The bank says tax breaks, reduced regulation and an improved business climate have made it possible to make […]