Michael H

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Famed investor sounds the crisis alarm on U.S., China

A debt-fueled disaster could be coming to the U.S. and China.<p>That's what legendary money manager Stanley Druckenmiller warned a roomful of top investors on Wednesday in New York City.<p>Druckenmiller is very concerned about all the debt Beijing binged on over the past decade. He pointed to China …

Stock Markets

FDA to extend tobacco regulations to e-cigarettes, other products

<b>(CNN) —</b> E-cigarettes and other tobacco products like premium cigars and hookahs will be regulated in the same way the government regulates traditional cigarettes and smokeless tobacco.<p>Secretary of Health and Human Services Sylvia Burwell and the commissioner of the Food and Drug Administration, Dr. …

Public Health

Another $1m Kickstarter project has gone bust, and no, you're not getting any money back

Whether it’s Zano’s high-profile bankruptcy (and subsequent post-mortem) or LightFreq’s complete disappearance altogether, it seems like another big-money crowdfunder flop is just around the corner.<p>The latest tech project to fall victim of a case of reality not being able to stand up to its …

Amazon poaches AI guru from Xerox PARC to work on Alexa virtual assistant

Amazon has hired Xerox PARC employee and artificial intelligence (AI) researcher Ashwin Ram to head up AI R&D for Alexa, the e-commerce behemoth’s virtual assistant. Ram first tweeted about his appointment on Tuesday, and a spokesperson for Amazon has now confirmed the hire but declined to offer …