omar khatib

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Trump's first trade deal is more bark than bite

During the presidential campaign, and in his first weeks in office, Donald TrumpDonald John TrumpPastor at Trump rally prays to shield Trump from …

Trump Administration

Bank execs sing praises of new tax law as windfall looms

NEW YORK (AP) — Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — indicated Friday that they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business.<p>The comments came as the two companies reported their …

US Marshals to Auction Off Bitcoins Worth About $52M

Interested in getting in on the Bitcoin boom? Here's your chance.<p>The US Marshals this week announced plans to auction approximately 3,813 bitcoins, which were seized in connection with various federal criminal, civil, and administrative cases. According to Bitcoin.com's price converter, that's …

Airbus built a lot of planes for China last year - but can't deliver them

Airbus needs China's blessing on its newest jetliners. And without it, undelivered planes are piling up at its factories in France and Germany.<p>The company wanted to sell nearly 200 more Airbus jets to China this week. But Chinese airlines have yet to take delivery of many airliners they've ordered …

What to Expect from Cryptocurrency in 2018

Will it make any sense for people to exchange paper currency in the future? I don’t think so. Paper notes and coins will be valued only by collectors …

Google's solution to accidental algorithmic racism: ban gorillas

After Google was criticised in 2015 for an image-recognition algorithm that auto-tagged pictures of black people as “gorillas”, the company promised “immediate action” to prevent any repetition of the error.<p>That action was simply to prevent Google Photos from ever labelling any image as a gorilla, …

Machine Learning

Gold hits 4-month high

Gold prices aimed for fresh four-month highs on Friday although their upside was limited after a stronger-than-expected inflation reading helped drive up Treasury yields.<p>With gas and food stripped out, the so-called core rate of consumer inflation rose a sharper 0.3% in December, a notch above the …

Mark Zuckerberg just put his money where his mouth is — to the tune of $3 billion

One small tweak to an algorithm, one giant crater in Mark Zuckerberg's net worth.<p>The Facebook CEO took a $3 billion hit to his net worth on Friday as …

Facebook

KFC Introduces a Bucket That Can Only Be Paid for in Bitcoin

The Colonel is embracing cryptocurrency.<p>KFC Canada has rolled out the Bitcoin Bucket, an offering that can only be paid for using Bitcoin.<p>“Sure, we …

Chipotle is promising to pay top executives up to $1 million if they don't ditch the chain before it finds a new CEO

Chipotle is paying more than $1.6 million to make sure executives don't jump ship before the struggling burrito chain finds a new CEO.<p>On Friday, Chipotle reported in an SEC filing that it had entered into retention agreements with certain executives to convince them to stay at the chain as it …

E.coli

Blockchain technology moves into car sharing, mobility services

DETROIT (Reuters) - The technology underpinning the cryptocurrency bitcoin is migrating to the auto industry and vehicle sharing.<p>FILE PHOTO - Cars are seen in a parking lot in Palm Springs, California April 13, 2015. REUTERS/Lucy Nicholson/File Photo<p>Accounting and consulting firm EY, part of Ernst …

Blockchain

Canada’s most expensive house on sale for $35M and not even $5M extra tax expected to deter foreign buyers

The late real estate developer Robert Campeau’s home hit the market again Tuesday and, while it has the most expensive price tag in Canada of …