American consumers are apparently not worried about stock market volatility. According to the University of Michigan’s report on consumer sentiment for the first half of February, worries over the stock market sell-off that rocked markets last week were scarce. “Consumer sentiment rose in early February to its second highest level since 2004 despite lower and […]
Category: Newsroom
Coinbase promises refunds after repeatedly charging crypto fees
A number of Coinbase customers found themselves hit with duplicate charges for a single card-based purchase over the past few days. Some even reported losing tens of thousands after being charged 17, even 50, times. In a blog post updating customers about the situation, the cryptocurrency exchange has promised to “ensure that each affected customer […]
Rabbits domestication story a bit of a leap, researchers say
A popular myth about rabbit domestication involving the Pope and hungry seventh century monks is not founded on truth, research has shown. According to the story, bunnies were first tamed in 600 AD by French monks whose Gallic love of food was at odds with the strict rules of observing Lent. Pope Gregory is said […]
Teva Shares Pop After-Hours on News of Berkshire Investment
Teva Pharmaceutical Industries Ltd.’s (TEVA) American depository receipts shot up in after-hours trading on Wednesday, Feb. 14, after Warren Buffett’s Berkshire Hathaway Inc. (BRK.A) disclosed an investment in the drugmaker. Teva’s ADRs were trading at $20.90, up 8%, in after-hours trading. Shares of the struggling drug maker declined 45% in 2017. Berkshire’s 13F filing released […]
Don’t use Huawei phones, say heads of FBI, CIA, and NSA
The heads of six major US intelligence agencies have warned that American citizens shouldn’t use products and services made by Chinese tech giants Huawei and ZTE. According to a report from CNBC, the intelligence chiefs made the recommendation during a Senate Intelligence Committee hearing on Tuesday. The group included the heads of the FBI, the […]
‘Loyal’ L.L. Bean customer sues company for changing legendary returns policy
An Illinois man is suing L.L. Bean for “breaking of its promises” after the company announced changes to its warranty last week. Victor Bondi filed a lawsuit Monday in Chicago federal court against the outdoors retailer based in Freeport, Maine. Bondi, described as a “loyal” customer who purchased Bean boots, said the company’s legendary warranty […]
Picture of Single Trapped Atom Wins UK Science Photography Prize
Zoom in close on the center of the picture above, and you can spot something you perhaps never thought you’d be able to see: a single atom. Here is a close-up if, you’re having trouble: This strontium atom is emitting light after being excited by a laser, and it’s the winner of the UK’s Engineering […]
Engine Cover Blows Off on United Airlines Flight
High over the Pacific Ocean on Tuesday, the casing blew off one of the engines on United Airlines Flight 1175. Passengers heard a loud bang and felt the plane shake violently. Those seated on the right side looked out their windows and saw pieces of metal flying. By the time the plane touched down safely […]
Chipotle shares rally after burrito chain taps Taco Bell CEO to be its new chief
Shares of Chipotle Mexican Grill skyrocketed as much as 12 percent after the bell on Tuesday after the burrito company said it was tapping Taco Bell CEO Brian Niccol as its new chief executive. “Brian is a proven world-class executive, who will bring fresh energy and leadership to drive excellence across every aspect of our […]
Sky wins bulk of Premier League rights as value slips
Rupert Murdoch’s Sky (SKYB.L) will pay 3.58 billion pounds to show 128 Premier League matches for three seasons from 2019/20 in a deal that brings to an end rampant inflation in the value of the domestic rights for English top-flight soccer. Rival BT (BT.L) will show 32 games a season, after its 885 million pound […]
Video game-based ‘brain training’ may help people with schizophrenia
“People with schizophrenia can be trained by playing a video game to control the part of the brain linked to verbal hallucinations,” BBC News reports. Verbal or auditory hallucinations, which typically take the form of “hearing voices”, can be one of the most distressing aspects of schizophrenia. The voices are often abusive, rude or critical, and […]
Research team detects an acceleration in the 25-year satellite sea level record
Global sea level rise is not cruising along at a steady 3 mm per year, it’s accelerating a little every year, like a driver merging onto a highway, according to a powerful new assessment led by CIRES Fellow Steve Nerem. He and his colleagues harnessed 25 years of satellite data to calculate that the rate […]