business

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Apples New Spaceship Campus Has One Flaw  and It Hurts

The centerpiece of Apple Inc.’s new headquarters is a massive, ring-shaped office overflowing with panes of glass, a testament to the company’s famed design-obsessed aesthetic.  There’s been one hiccup since it opened last year: Apple employees keep smacking into the glass. Surrounding the building, located in Cupertino, California, are 45-foot tall curved panels of safety glass. Inside are work spaces, dubbed

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'The Trump slump': Remington files for bankruptcy as gun sales tumble

With Trump in the White House, Americas gun manufacturers are in trouble after a golden era under Barack Obama Break the cycle @dominicru Last modified on Tue 13 Feb 2018 17.01EST Share via Email Share on LinkedIn Share on WhatsApp Custom Remington pistols displayed at the 146th NRA annual meetings & exhibits on 29 April

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GEs $31 Billion Problem

John Flannery hardly needs any more headaches. But at a time when General Electric Co. is facing what amounts to an existential crisis, a $31 billion deficit in its pension plan may complicate any turnaround that involves a breakup of the 126-year-old icon of American capitalism. Divvying up the obligations won’t be easy. After all,

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Volkswagen Apologizes for Testing of Diesel Fumes on Monkeys

The controversy over Volkswagen AG’s diesel-emissions cheating took another twist when the carmaker apologized for a test that exposed monkeys to engine fumes to study effects of the exhaust. The company said the study, conducted by a research and lobby group set up by VW, Daimler AG, BMW AG and Robert Bosch GmbH, was a

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For Chinas Wealthy, Singapore Is the New Hong Kong

When more than 80 of China’s wealth managers gathered recently at the Shangri-La hotel on Singapore’s resort island of Sentosa, the chatter during tea breaks kept returning to one theme: Hong Kong is starting to be eclipsed by Singapore as the favorite destination for the wealth of China’s rich. At stake for banks in both

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The WIRED Guide to Artificial Intelligence

Artificial intelligence is overhyped—there, we said it. It’s also incredibly important. Superintelligent algorithms aren’t about to take all the jobs or wipe out humanity. But software has gotten significantly smarter of late. It’s why you can talk to your friends as an animated poop on the iPhone X using Apple’s Animoji, or ask your smart

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Amazon, Berkshire, JPMorgan Link Up to Form New Health-Care Company

It’s no secret Jeff Bezos has been looking to crack health care. But no one expected him to pull in Warren Buffett and Jamie Dimon, too. News Tuesday that Bezos’s Amazon.com Inc., Buffett’s Berkshire Hathaway Inc. and JPMorgan Chase & Co., led by Dimon, plan to join forces to change how health care is provided to

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Sessions Ending Obama-Era Policy That Ushered In Legal Weed

Attorney General Jeff Sessions is rescinding an Obama-era policy that helped states legalize recreational marijuana, throwing a wet blanket on the fledgling industry during what could have been a celebratory week. The Justice Department will reverse the so-called Cole and Ogden memos that set out guardrails for federal prosecution of cannabis and allowed legalized marijuana to

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The Lasting Impacts of Trump's First Year

As a candidate for president, Donald J. Trump scarcely mentioned the word "tech." One year since he took the oath of office, that hasn't changed much. And yet just a year in, the Trump administration has shaped policy in ways that will radically alter the country's long-term ability to innovate—and often not for the better.

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It's the (Democracy-Poisoning) Golden Age of Free Speech

For most of modern history, the easiest way to block the spread of an idea was to keep it from being mechanically disseminated. Shutter the news­paper, pressure the broad­cast chief, install an official censor at the publishing house. Or, if push came to shove, hold a loaded gun to the announcer’s head. This actually happened