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Uber's self-driving car unit was burning $20 million a month

Uber thought it would have 75,000 autonomous vehicles on the roads this year and be operating driverless taxi services in 13 cities by 2022, according to court documents unsealed last week. To reach those ambitious goals, the ridesharing company, which hopes to go public later this year, was …

Technology

I read the 8 best business books of all time (so you don't have to)—here are the only lessons you need to know

Every year, scores of new business books are published and read by millions of people. But with so many titles to choose from, which ones should you …

Bill Gates

Divorce Settlement Negotiation Strategies

When considering how to split everything up, these negotiation strategies can help you get the most fair and equitable outcome from your divorce.

This Top Financial Advisor's Secret Sauce Is Helping His Clients' Grandkids

When Eric Fujimoto, a fifth-generation Hawaiian, says that <i>ohana</i> (family) is at the heart of his Honolulu financial advisory firm, he means it.<p>His family’s Labrador, Hanky, whom he credits as “our best salesperson,” is featured on his firm’s website. Each member of his 12-person team takes turns …

Financial Planning

Animated DataViz: Top 15 Best Global Brands Ranking (2000-2018)

The Top 15 Best Global Brands Ranking (2000-2018) is an animated data visualization video from TheRankings on YouTube.<p>Some animated data …

GIF Animations

Putting America's Huge $20.5T Economy Into Perspective By Comparing U.S. State GDPs To Entire Countries

The map above matches the economic output (Gross Domestic Product) for each US state (and the District of Columbia) in 2018 to a foreign country with …

Investing

The Brutal Truth About Finding the Job You Love That Few People Are Willing to Admit

If you're looking for a new job, it's understandable if you feel the system is somehow rigged against you. Cumbersome application systems. Automated filters that identify keywords instead of talent. Lazy hiring managers content to fill openings rather than find the perfect candidate for a specific …

Social Media

Buffett's $58 Billion Bet on 3 Stocks

Berkshire Hathaway Inc. (BRK.A) Chief Executive Officer Warren Buffett says he is making a $58 billion long-term bet on three stocks that have …

S&P 500

Boeing nominates former UN ambassador Haley to join its board

SEATTLE/WASHINGTON (Reuters) - U.S. aerospace manufacturer Boeing (NYSE:BA) Co said on Tuesday it has nominated Nikki Haley, former U.S. ambassador …

Boeing

The Real Crazy Rich Asian Palace Is Worth a Cool $3.5 Billion

In the heart of Singapore, one of the most expensive cities in the world, there’s a sprawling, vacant plot of private land 30 times the size of The …

Business

Average tax refund down 17 percent, IRS reports

The average tax refund issued so far this year is down by 17 percent, the IRS said, a steep decline that promises more headaches for Republican lawmakers.<p>The agency released data late Friday showing refunds are down for the third consecutive week, with the typical payment made through Feb. 15 …

U.S. Politics

After 54 years, Warren Buffett abandons a valuation measure that gained 1,091,899% for Berkshire Hathaway shareholders

Warren Buffett is putting more faith in the market when it comes to valuing Berkshire Hathaway (BRK-A, BRK-B).<p>In his latest letter to Berkshire …

Finance

7 Ways To Get Paid For Your Knowledge

I spent most of my career working as a psychotherapist. I saw patients in my office five days per week. And while it was good income, I felt stuck on a hamster wheel. I only earned money for the hours that I worked.<p>Fortunately, in 2013, I realized I could start earning even more money by sharing my …

Profit

The SEC is looking to make it easier for any company to test the IPO waters

Under the leadership of its newest chairman, Jay Clayton, the SEC has for the last two years made it clear that it wants more companies to go public already.<p>A new proposal, revealed today, may get it closer to that objective. Specifically, the agency has proposed giving any company that’s …

Technology

The Greatest Investor You’ve Never Heard Of: An Optometrist Who Beat The Odds To Become A Billionaire

<b>It’s 9 p.m. on the last Saturday night</b> of the 2018 Art Basel in Miami Beach. On the first floor of the palatial Versace mansion, the well-dressed and well-Botoxed are dancing to remixes of Michael Jackson’s “Beat It” and posing for Instagram by the mosaic-tiled emerald pool.<p>Upstairs, in a VIP room …

University of Florida

6 Ways Top CEOs Beat Procrastination

Once begun, half done.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Humans have a tendency to procrastinate because our minds naturally like to be in a relaxed state. Sometimes it’s hard to get going, or we have trouble focusing and find ourselves putting off an unpleasant or …

Business Strategy

10 unmissable new books to help you start a creative small business

Looking to start a creative small business, or already running one and trying to improve it? There's no need to waste time and energy reinventing the …

Entrepreneurship

Berkshire’s Charlie Munger has a very blunt response to those ‘driving rich people away’ as Amazon scraps HQ2

‘It’s been serious. Driving the rich people out is pretty dumb if you’re a state or a city.’<p>That is the famously plain-spoken Charlie Munger, …

Charlie Munger

Growing a Multi-Million Dollar Business with a DIY Social Strategy

One of the biggest complaints about social media marketing and advertising is lackluster ROI, or at least difficulty in accurately measuring or attributing social ROI. While intelligently architected multi-channel digital campaigns have gotten much better at uncovering and reporting value and clear …

Social Media

NYC's tech reputation after Amazon

Amazon's withdrawal from New York City could be a big blow to the city's momentum in the tech industry (Source: TicToc)

Charlie Munger: Teaching young people to actively trade stocks is like starting them on heroin

Warren Buffett's longtime business partner Charlie Munger is not a fan of active investment management and thinks it could harm inexperienced …

ETFs

Everyone Wants To Beat Up Scout, Amazon’s Adorable New Delivery Robot

Technology can save, extend, and help the lives of millions of people around the world. But not every advance in technology is well-received by the masses. Take Google Glass those, goofy-looking glasses that gave you a HUD and could take photos and video. The technology was a breakthrough, and …

Technology

15 tax deductions to remember if you are self-employed

Make Your Federal Taxes Work for You, Not for Uncle Sam<p>As a self-employed person, you probably watched the development of the Tax Cuts and Jobs Act …

Dow jumps 280 points, set to end week with a flourish as U.S.-China talks show progress

U.S. stock indexes on Friday rose sharply higher as investors focused on continued progress in trade negotiations between China and the U.S. in the …

How Amazon scrapped its plans for a New York headquarters

(Reuters) - More than a year of work to bring Amazon.com Inc's headquarters and tens of thousands of jobs to New York City ended on Thursday with a couple of phone calls.<p>Jay Carney, the company's top policy executive, told New York Governor Andrew Cuomo that the world's biggest online retailer …

Technology

Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits

Those wondering how many zeros Amazon, which is valued at nearly $800 billion, has to pay in federal taxes might be surprised to learn that its check …

Liberal View

US retail sales post biggest drop in 9 years in December

WASHINGTON, Feb 14 (Reuters) - U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018.<p>The Commerce Department said on Thursday retail sales tumbled 1.2 percent, the …

Bill Gates says socialism has “worked extremely poorly” (Quartz Membership)

Quartz MembershipFeb 12, 2019<p>Bill Gates says socialist approaches have historically "worked extremely poorly" when compared to capitalistic market economies. Asked in a recent interview with Quartz about some American young people's rejection of capitalism in favor of socialism, Gates said: The …

This Dirt-Cheap Bank Is Forbes' Best Bank in America 2 Years in a Row

You may want to learn about this under-the-radar bank stock.<p>The banking industry is often thought of as highly competitive, with little …