Elon Musk’s ‘insane’ call: Tesla is worth $700 billion
He bases his $700 billion valuation estimate on a couple of assumptions. First, he thinks that the company can continue to report sales increases of 50% a year for the…
Tag: branded
The car of the future
“The future of the car is electric, and autonomous,” said Levi Tillemann, a fellow at the New America Foundation and author of “The Great Race: The Global Quest for the…
Metals exec: 25% of physical gold buyers are crazy
These so-called crazy gold provide lots of business for Kitco. He said their influence is most obvious in the market for smaller units of physical gold between one and 32…
Savers asked to paying interest to banks
Some companies are also able to borrow money from investors for free. – Most stock quote data provided by BATS. Market indices are shown in real time, except for the…
This company is making luxury jewelry with a 3-D printer
So how exactly does a 3-D printer make luxury jewelry? At Polychemy, 3-D printers produce a wax mold that is cast into metal; gems are then set before the entire…
You’ll pay a lot more to see the doctor with Obamacare than with job-based health insurance
Related: Cost keeps uninsured from enrolling in Obamacare High deductibles have been a sore point with some Obamacare enrollees. They have complained that they have to shell out thousands of…
Think we’re a love match? Spit into this tube!
“It’s kind of like science fiction almost,” said Jonathan Kirshenbaum, 33, who took the test with his then-girlfriend, now-fiance, Danielle Tennenhouse, 30. “People can cheat on personality tests. You can’t…
West Coast ports shut down as labor dispute heats up
“We want to go to work, and they’re blaming us,” said union president Robert McEllrath in a message to his members late Wednesday. He said the shutdown is a management…
Top hedge fund dumps Apple, buys Microsoft
Bridgewater owned about $28 million worth of Microsoft shares at the end of last year, up dramatically from less than $700,000 at the end of the third quarter. – Most…
Venezuela is causing havoc on U.S. companies
Venezuelan President Nicolas Maduro won’t compromise with them, so U.S. airlines like Delta (DAL) and American (AAL) have drastically cut down their flights to Caracas. European airlines, like Lufthansa and…
Don’t file a ‘frivolous’ tax return, the IRS warns. If you do, penalties will follow.
Any taxpayer, of course, is free to contest his tax liabilities. “But no one has the right to disobey the law or disregard their responsibility to pay taxes,” the IRS…
Tim Cook to address hacking at White House summit
It’s just the latest example of how Apple waits too long to fix bugs and fails to update its customers when a major vulnerability needs to be addressed. Apple sometimes…
Currency jolt: Strong franc may hit UBS profits
Related: Sleepy Switzerland jolts currency markets UBS also confirmed it is being investigated by U.S. regulators over possible tax breaches, as global interest in the financial affairs of wealthy clients…
TurboTax is warning of email scams after fraud scare
Related: TurboTax restarts e-filing of state tax returns after fraud concerns – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA,…
Netflix is now available in Cuba
The Castro regime tightly controls Internet access, only allowing select information to be available to its citizens. Yet the Cuban government has recently signaled that it wants to expand access….
The No. 2 most popular fund on planet is ‘SPY’
Related: The 5 hottest ETFs in the world It’s cheap! The other great benefit of SPY is how cheap it is. The fund charges a mere 0.11%, far lower than…
India’s growth numbers are a total mystery
Analysts say it’s too early to draw major conclusions based on the new data. Many contend that the new growth numbers do not square with evidence of continued weakness. “But…
Matchmakers predict the future of love
“People already talk about loving their iPhones,” she said. “It seems like it could be part of the trajectory in 50 or 100 years.” Related: Money can buy you love…
With Brian Williams absent, Lester Holt looks to steady ‘NBC Nightly News’
Effron, who is now a media consultant and adjunct journalism professor at William Paterson University, said that Holt never begrudgingly took an assignment while at MSNBC. This week is, in…
End of OPEC is closer to reality
That means not only has OPEC lost its biggest customer (America), but it no longer has the ability to manipulate prices to its own advantage. Morse is no obscure analyst….
Oil worker union strike grows larger
Shell (RDSA), which is taking a lead role for the companies in the labor talks, said it is “committed to providing competitive pay and benefits to our employees.” – Most…
What the stock market needs now: American spending
Yet consumers still aren’t buying as much as they once did, as if they are still nervous about the Great Recession. Cheap gas was supposed to help Americans feel better….
6 things you didn’t know about America’s most generous donors
You can also get really rich selling collectables and sports memorabilia. – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA,…
You can buy Warren Buffett’s Cadillac
The Cadillac, with only 20,000 miles on it, has leather in the interior with heated and cooled power seats, automatically dimming side mirrors, a parking sensor system and it is…
Uber will include ‘panic button’ in India app
Related: Uber to develop self-driving cars Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes….
NBC’s bid for the truth on Brian Williams led by veteran ‘digger’
Esposito is the senior executive producer of NBC’s investigative unit. He normally tries to break news about subjects like government wrongdoing. He strives to get his stories on Williams’ “NBC…
The New York Times and its big ‘zero’
Its game is a game of crossover: Moving from a world that is still print-centric to one that will be mainly digital within the next several years. While digital disruption…
Millennials not quite ready to start buying homes yet
Another big hurdle: incomes. – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All…
15-year-old steps down from startup because … high school
But Nannies by Noa is all her brainchild. The idea came about as a result of a challenge, made in jest by her mother: Find a better babysitter for their…
Cheap oil reshapes Keystone XL debate
Gas fades as hot-button issue: True or not, there is less political pressure on Washington today than when oil traded above $100 last summer. Next week Congress is expected to…