The U.S. is about to reclaim the top spot on the list of the world's fastest supercomputers. Summit, a $200 million system designed by International Business Machines (NYSE:IBM) for the Department of Energy's Oak Ridge National Laboratory, is tailor-made for big data and artificial intelligence (
European aircraft maker Airbus and Canadian manufacturer Bombardier announced Friday morning that the deal struck last October giving Airbus control of Bombardier’s C Series program will close on July 1.
Airbus will provide support for Bombardier’s C Series aircraft in exchange for a 50.01% stake in “C Series Aircraft Limited Partnership” (CSALP), a firm formed in....More>>>
At first, the gifts seemed innocent enough: a free dinner and a private helicopter tour over the Grand Canyon. By the end of it, though, the Polish official was standing in a Warsaw parking lot, accepting $100,000 in bags of cash, given to him in exchange for multi-million-dollar government contracts.
You might be thinking that this government employee was being paid off by the mafia or some....More>>>
Just when you thought that a return to positive comps would spell an end to the giveaways thatChipotle Mexican Grill(NYSE:CMG)sprinkled through 2016, the former fast-casual darling is back with another online game where everybody’s a winner.
Chipotle is teaming up with Avocados From Mexico for ‘Cado Crusher, an online game that’s the equivalent....More>>>
If you’ve been following the news lately, you might have heard about gene editing, a process that involves rewriting a person’s DNA to correct genetic disorders, and you’re wondering what all the buzz is about.
While gene editing is getting a lot of attention recently, it’s far from a new idea. Sangamo Therapeutics (NASDAQ:SGMO) has been working on gene-editing research....More>>>
Australia’s central bank left interest rates unchanged as its increasing policy divergence from global peers weighs on the currency, potentially aiding economic growth and inflation.
Reserve Bank of Australia Governor Philip Lowe and his board kept the cash rate at a record-low 1.5 percent Tuesday, in line with market and economists’ expectations. They’re trying to prolong....More>>>
In all the hoopla about consumer spending – which accounts for about two-thirds of the US economy – and how lethargic its growth has been, despite some months when it perked up and gave rise to hopes that “escape velocity” would finally kick in, something got lost: how totally range-bound, for the past four years, discretionary....More>>>
Nektar Therapeutics (NASDAQ:NKTR) traded down 7% during mid-day trading on Monday . The stock traded as low as $81.26 and last traded at $93.47. 7,181,158 shares were traded during mid-day trading, an increase of 131% from the average session volume of 3,104,085 shares. The stock had previously
Analysts predict that Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) will announce earnings per share (EPS) of $0.57 for the current quarter, according to Zacks. Ten analysts have made estimates for Carrizo Oil & Gas’ earnings. The lowest EPS estimate is $0.45 and the highest is $0.67. Car