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 (
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>>>
In a recent GoBankingRates study, 69% of adults admitted to having less than $1,000 in the bank, while 34% said they actually don’t have any savings at all. But apparently, this collective lack of savings doesn’t get all that much better with age. A study by the National Bureau of Economic Research found not so long ago that....More>>>
Who needs to go to the doctor when you can go to your local CVS drug store instead? That appears to be the logic behind CVS’s decision to buy health insurer Aetna for $69 billion.
CVS has more than 9,700 pharmacies and 1,100 Minute Clinics, walk-in locations that offer vaccinations, lab tests and diagnosis and treatment of illnesses like strep throat and ear infections from nurse....More>>>
Investors and the public still seem to be enthralled by Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A). Many of those same people still know Bill Gates as well. Many people forget about the close ties between the two billionaires. A filing with the Securities andExchange Commission (SEC) on Monday should only serve to remind how deep the ties between Gates and Buffett go.
In a market where retail stocks of all stripes have been hammered, Costco Wholesale Corporation (NASDAQ:COST) stock has been a notable outlier. Heading into the company’s fiscal third-quarter earnings report, Costco stock had gained 26% over the past year.
And though cautious/bearish analysts have pointed to slowing growth — including misses in....More>>>
We're supposed to start saving for retirement as early in our careers as possible. But things don't always work out that way. Maybe it took too long to boost your earnings enough to sock away a sizable sum. Or maybe you spent your 40s and 50s saddled with mortgage and credit card debt, followed b
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
Disney(NYSE:DIS) will announce its fiscal third-quarter results on Aug. 7, just as the entertainment giant's acquisition of Twenty-First Century Foxmoves closer to becoming final. That merger promises to bring changes to the business over the next few years that could cloud the growth and earnin
ZenCash (CURRENCY:ZEN) traded 8.8% lower against the US dollar during the 24-hour period ending at 22:00 PM ET on July 20th. Over the last week, ZenCash has traded up 28.5% against the US dollar. One ZenCash coin can now be bought for approximately $26.37 or 0.00362182 BTC on exchanges including