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Greenberg: May the Force Be with Tesla

SAN DIEGO (TheStreet) -- All of this may seem obvious, but in the event it doesn't: As long as <b>Tesla</b> (TSLA) can forecast big production numbers, …

Strong L.A. economy boosts income inequality in city, study says

Los Angeles has one of the highest levels of income inequality in the nation, but that's due in part to a relatively strong local economy that's stoking the fortunes of higher-income people, according to a new study.<p>Of the 50 largest U.S. cities, L.A. has the ninth-highest level of income …

Demographics

Congrats WhatsApp! Here Is How the Other 99% of Startups Get It Done

"Hooray, another multi-billion dollar acquisition!"<p>I’m sure most entrepreneurs didn’t wake up exclaiming that when they found out WhatsApp was purchased by Facebook. While the news is great, and we’re bound to see a few more Lamborghinis driving around Palo Alto because of the acquisition, it …

Meet Cisco's Beloved 'TacOps' Team Who Travel The World Bringing The Internet To Disaster Victims

The work is emotionally challenging. For example, the team went to the Philippines just after Typhoon Haiyan killed 4,000 people, injured another 18,000 and displaced four million. They saw mass destruction and suffering, team member Tim Woods, told Business Insider.<p>"There's extreme sadness and …

Cisco Systems

Typhoon lands in southern China, downgrades to tropical storm

Typhoon Matmo churned ashore in southeastern China on Wednesday and was downgraded to a tropical storm, while the death toll from last week's more powerful Typhoon Rammasun rose further.<p>After passing across Taiwan overnight Tuesday, Matmo made landfall in China's heavily populated province of …

Mexico becoming a driving force in auto production

The first Honda Fit rolled off the assembly line Friday at a new $800-million factory near Celaya, Mexico, a symbol of the growing might of the country's auto industry.<p>Honda's U.S. factories spit out hundreds of thousands of Accords and Civics each year. But when the automaker redesigned the Fit …

Manufacturing

Existing-home sales slowest in more than a year

WASHINGTON (MarketWatch) — The pace of existing-homes sales dropped in January to the slowest rate in more than a year, starting 2014 with a whimper, …

WhatsApp's mega-money signals rush toward a subscriber economy

Though there are many good explanations of the importance of the gigantic WhatsApp deal – from the shift toward mobile to the importance of the phone as the home of messaging – I would argue its emphasis on the subscription model is actually the signal for where tech and mobile are heading.<p>Unlike …