Economy

Startup Shakeup? Goldman Chief Sees Reality Check for Silicon Valley's Unicorns

The all-star startups over the past few years in Silicon Valley were all about growing as big and as fast as possible. That mindset bred a crop of young private companies so heavily funded, their valuations surpassed those of many long-established blue chip firms.

FCC Lifeline Modernization Urged to Overcome Digital Divide by NHMC, Congress Members

The digital divide -- the persistent gap between those who have affordable access to information technology and those who do not -- is among the many issues that the National Hispanic Media Coalition (NHMC) believes is holding Latinos in the U.S. back.

China Looks to Expand Investment in Latin America, Eyes Raw Materials

China continues to pour money into Latin America and in 2016 they will continue to add the amount of investments they put into the region. China is supporting financially Latin America as the United States decreases much of their government and private assistance in the region.

The Story Behind Gastón Frydlewski's 'No Tie' Hickies Shoelaces Startup

Gastón Frydlewski, founder of Hickies, hated tying his shoes. He never liked to create bows using his shoelaces. To him shoelaces are funny and oftentimes ugly. With the thought that other people might have the same idea about shoelaces in mind, he created the startup Hickies with the help of his partner, Mariquel Waingarten.

United Airlines Changing Sydney-LAX Flights With Boeing 787 Dreamliner in March

United Airlines will make the Australian market the first to have all of its flight in a Boeing 787 Dreamliner at the end of March. The Chicago-based company decided to upgrade the route from Sydney to Los Angeles and San Francisco that still flies in a Boeing 777.

Why Slack Is Different From Other Popular Business-Messaging Apps

Slack is currently rising as one of the top popular business-messaging apps in the tech realm. As a matter of fact, the $2 billion-worth company was able to get 2 million daily active users in less than two years.

Titanic II Set to Navigate the Seas in 2018; Doomed Ship Replica’s First Voyage Postponed?

The replica of the world-famous luxury liner Titanic is set to navigate the seas soon. Unfortunately, the first voyage of the new ship called, Titanic II, has been postponed to 2018, instead of its original plan this 2016, CNN noted.

Cuba's Tourism Boom Still Fails to Benefit Some Black Cubans

While Cuba's tourism starts to pick-up courtesy of its renewed relationship with the U.S., some black Cubans believe that it only benefits the wealthy and not those who are less fortunate.

After Twitter Q4 Earnings: Should Twitter Change Everything or Return to its Roots?

Twitter reported its quarterly earnings on Wednesday, and yet again, the overall picture it painted was predictably grim.

Startup Companies Changing the Way Valentine's Day is Done

In the past Valentine's Day meant one would pick up flowers and chocolates for his or her significant other. Now, with technology and fresher ideas, Valentine's Day purchasing has changed.

Univision, Donald Trump Settle $500M Defamation Suit

Donald Trump and Univision ended their legal battle on Feb. 11 after months of arbitration over the media company's abrupt decision to cut ties with the former Miss USA and Miss Universe owner last year, following his disparaging remarks about Mexican immigrants.

Diversity in Tech: HP Praised After Appointing Aida Alvarez to Board of Directors

This week HP announced the appointment of former Small Business Administrator chief Aida Alvarez to its board of directors, a decision that has drawn much praise from diversity advocates around the country.

Miller Lite Encourages Entrepreneurs to Pitch Original Business Ideas with $200K Prize

Miller Lite is running their fourth annual Tap the Future contest to encourage entrepreneurs to send in original business ideas. The best idea will be awarded with a $200,000 prize.

3 Reasons Why Twitter Is Crashing Down

Twitter is currently facing a critical moment with the company’s fourth quarter results. And as the never-ending litany of woes continue to plague Jack Dorsey’s social media service company, the changes made appear no closer to turn the company around.

United Airlines to Pull Services in New York's Elmira Corning and Texas' Tyler Pounds Airport

United Airlines will be pulling out it services to two regional airports in the country this coming April. According to the Star Gazette, United will be ending its two-year stint in New York's Elmira Corning Regional Airport while Tyler Morning Telegraph reports that Tyler Pounds Regional Airport in Texas will suffer the same fate after more than 20 years of service.

Check Out the World’s Most Expensive Chocolates This Valentine's 2016

This Valentine season, one of the most in demand products worldwide is the chocolate. Aside from flowers, chocolates are often what most people want to give during this special day to express their love, affection and sweetness to their partners. Here are some of the most expensive chocolates that people can actually give their dates on the 14th.

Yahoo Announces First Round of Job Cuts; 107 Sunnyvale Employees to Be Laid Off

Yahoo! gave 60-day notices to 107 Sunnyvale employees as a part of the company's revitalization plan, filed with the California Employment Development Department, Wednesday, February 10.

Colombia, Ecuador’s Flower Industries Flourish as Valentine’s Day Looms

Latin American nations Mexico, Colombia and Ecuador are three of the major suppliers of flowers in the United States. As a matter of fact, around 500 million cut Colombian flowers was delivered to the U.S. market on Tuesday, Feb. 9.

Google's Self-Driving AI to Be Considered a 'Driver' Under Federal Law

The federal government just handed Google a huge win for ambitions to expand the reach of its autonomous vehicles. The U.S. government's traffic safety regulator has said it will consider Google's self-driving car a "driver" under federal law.

Puerto Rico Debt, Health Crises Addressed in Obama's New Budget Plan

To alleviate Puerto Rico's financial and health crises, President Barack Obama made a number of proposals for the commonwealth in his 2017 fiscal year budget.
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