Economy

Uber Car Service Review, Cities, Facts: Taxi Companies Protest as Tech Startup Raises $1.2B

The app connects passengers with drivers for hire and ride-sharing services Uber Technologies Inc. has moved up in its industry, thanks to the three investment firms from Boston that helped the company to attain its new-found status as one of the most prestigious tech startups in the world.

Social Media Saturday: New Instagram Tools, Facebook Approves Dogecoin Tipping, and CIA Joins Twitter

This week in social media, Facebook approved a dogecoin tipping app, social media prenups are a thing now, Instagram updated its app with new tools, Pinterest and Twitter keep upping the advertising, and CIA joined Twitter and Facebook for some reason. It's time for Social Media Saturday!

California Lawmakers Create Incentives to Get Tesla Motors Gigafactory

In a last-ditch effort to get Tesla Motors to open their much-anticipated electric-car battery factory in California, the state's lawmakers along with the governor's office are making the company an offer they hope it won't refuse.

WalMart Workers Protest For Better Wages at Company Shareholder Meeting

The Organization United for Respect at WalMart, a group of the company's employees, have planned a demonstration at the department chain's annual shareholder meeting in Bentonville, Ark. on Friday where they will demand better pay and benefits from management.

Hispanic Unemployment Rate Increased: 7.7 Percent of Hispanics Jobless, More Women Unemployed Than Men

The unemployment rate in the United States dipped, according to figures released by the Department of Labor's Bureau of Labor Statistics. However, the percentage for Hispanics increased.

Facebook Founder Mark Zuckerberg Donation to San Francisco Schools Likely to Benefit Latino Students Most

Two of the three school districts that are receiving gifts from the Zuckerbergs and their foundation, Startup: Education, are largely dominated by Latino students. These students will soon benefit from finance, computers, connectivity and teacher training. The money will also go toward boosting funding for science studies and English proficiency.

Sprint and T-Mobile Merger: $32B Deal in the Works

Despite regulatory hurdles, Sprint and T-Mobile have reportedly agreed on a $32 billion merger, hoping that the trend of consolidation in the telecommunications industry will help the deal go through.

Manos Accelerator, Catalyst for Latino Startups, Announces Second Round Finalists

Google may have released unflattering diversity figures recently (in a move that at least got the conversation started about the lack of minorities in Silicon Valley), but the tech giant is at least trying to bring about change. One initiative, a continuing partnership with Latino startup incubator Manos Accelerator, has just announced its second round of startups for its program.

Google vs. Apple: Android Takes Smartphone OS Market, Apple Top OEM

The latest comScore shows that although Google's mobile operating system Android continues to dominate the U.S. market, Apple remains the top smartphone OEM.

iPhone 6 Releease Date, Rumors, Features & Price: Launch Date Leaked? Phone Could Debut Sooner Than Expected

The iPhone 6 will be Apple's biggest release to date. The iPhone 6 will be Apple's biggest release to date. Tens of millions of iPhone's are currently in production at Foxconn facilities across China.

Regalii Startup Enables Easier Money Transfer to Immigrant Families Outside US

Sending money to loved ones in another country can be a hassle and a process for many, but one startup from Washington Heights is changing that method. For Edrizio De La Cruz, traditional remittance isn't making sense right now. He wants to change the current process of sending money to family and friends, and as a result, created Regalii.

Younger Mobile Device Owners More Likely to Hoard Old Smartphones, Tablets Than People Over 50, Says Survey

Millennials are guilty of hoarding old smartphones that could be worth money, according to a nationwide survey by network of automated recycling kiosks.

Jobs & Hiring 2014: US Companies Created 179,000 Jobs in May, ADP Report Says

In May, businesses in the U.S. added new jobs at a pace that was slower than expected, according to a private hiring survey published on Wednesday.

Pilgrim's Pride Increases Offer to Buy Out Hillshire, In Bidding War With Tyson Foods

Meat companies battle for Hillshire. Pilgrim's Pride hasn't given up on buying Hillshire just yet -- the company is increasing its offer. The increase in the offer price is in response to Tyson Foods getting into the bidding war for Hillshire.

Private Sector Lagging More Than Expected; U.S. Trade Deficit Grows

Trade slowing economic growth this quarter. Private companies in the U. S. hired far less workers than expected in April and the country's trade deficit widened the most in two years in that same month.

Interview: Why T-Mobile and Univision Chose Each Other for Univision Mobile

Latin Post caught up with T-Mobile senior marketing manager Gustavo Pena and Univision senior vice president at enterprise development Ignacio Meyer over the phone to discuss why the two companies joined forces for Univision Mobile.

Cybersecurity Concerns Deterring Online Shopping

Recent weeks and months have definitely put the fear of the hacker into American consumer, says a new report that shows U.S. shoppers have recoiled from online shopping amidst cybersecurity concerns.

Income Inequality Update: This Is What The Pay Gap Between Retail CEOs and Store Employees Looks Like

CVS CEO makes 422 times more than the median CVS wage. A pay gap between a CEO and an entry level employee is, of course, expected. But new figures show just how wide that pay gap is.

Giving Up on Home Ownership in the U.S., Many Immigrants Find Real Estate Back Home More Affordable

The dream of owning an affordable home in the United States is becoming more difficult to achieve for many. Only 26 percent of Colombians own their own home in New York City, far below citywide and national rates of homeownership. Immigrants, in particular, were hit hard by the real estate crisis, and many still feeling the pain of lost homes.

Lockheed Martin Wins $915M Pentagon 'Space Fence' Contract: Fence Will Protect Satellites From Space Debris

Space debris poses a threat to satellites In a new and unpredicted danger, scientists are saying that speeding space junk poses real-life threats to much of our equipment orbiting the Earth.
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