Bloomberg Twitter Inc. said it found another 1,062 accounts linked to the Russian government-backed Internet Research Agency accused of trying to influence the 2016 US presidential election. The social media company said it’s emailing notifications to 677,775 people in the US who followed one of these accounts or retweeted or liked a Tweet from these accounts during the election period, ...
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US Chamber pushes to ‘jump-start’ public works plan
Bloomberg The federal gas tax should be increased to help modernise US roads, bridges and other public works, and Congress must expand funding and financing options for projects, US Chamber of Commerce President Thomas Donohue said. The chamber is calling on Congress and the Trump administration to raise federal fuel taxes by 25 cents, pass initiatives including a new federal ...
Read More »Bots for the bond market
Bloomberg In the corporate-bond market, even a few billion doesn’t get you a seat at the table. And Najib Nakad is so tired of settling for the scraps left by giants, he hardly bothers to bid for new issues anymore. “We are too small to have any hope of an allocation,†said Nakad, who helps oversee about $2.5 billion as ...
Read More »Apple’s new feature to control kids’ phone use
Bloomberg Apple Inc. said it plans new features to help parents control how children use its smartphones, responding to criticism from two shareholders about the entrancing qualities and potential mental health impact of the company’s iPhone. “Apple has always looked out for kids, and we work hard to create powerful products that inspire, entertain, and educate children while also helping ...
Read More »Mazda revives rotary engine for Toyota’s self-driving fleet
Bloomberg Mazda Motor Corp. stopped selling rotary engines in 2012 after spending nearly half a century trying to perfect them. The company is reviving the classic technology now in what seems like an unlikely place: battery-powered, self-driving vehicles it’s developing with Toyota Motor Corp. to deliver everything from pizza to people. Mazda will provide rotary engines to run generators that ...
Read More »Kodak Super 8 cameras, BlackBerrys made modern
Bloomberg Even as we flirt with Jetsons-style bathrooms hooked up to digital assistants and breakneck races of flying “cars,†one thing remains clear: Despite ever-improving technology, our nostalgia-tuned minds remain glued to the rear-view mirror. At CES, Kodak made that abundantly clear when it revealed footage from its hotly-anticipated reboot of the Super 8 camera, which revolutionised amateur filmmaking when ...
Read More »British airlines risk losing rights in EU after Brexit
Bloomberg The European Union may attempt to strip British airlines of some flying rights after Brexit, with officials in Brussels warning that UK-based carriers could see their ability to compete across the bloc impeded. A meeting of the European Commission and diplomats from the remaining 27 EU countries has taken the first steps in sketching out the EU’s negotiating position ...
Read More »Primark can’t dodge Europe’s retail woes as store sales slow
BLoomberg Associated British Foods Plc’s Primark reported a slowdown in sales growth in the first quarter, showing that even the most reliable fashion retailers aren’t immune to the rise of online shopping. At constant currency rates, Primark’s sales rose 7 percent in the 16 weeks to January 6, the London-based company said. That missed analysts’ estimates for growth of 10 ...
Read More »FAA investigates snow removal at JFK Airport
Bloomberg The US government has opened an investigation into snow removal at New York’s John F. Kennedy International Airport following a storm earlier this month that snarled scores of flights. The Federal Aviation Administration is probing the Port Authority of New York and New Jersey’s actions during the storm on January 4-5, the agency said. The investigation will determine “if ...
Read More »Asian airports’ earnings, share prices may jump
Bloomberg Asian airport operators’ earnings, and their share prices, may be ready to take off. Rising wealth, improving connectivity and social media penetration will spur spending on international air travel, Morgan Stanley analysts including Daniel Lau wrote in a research report. Operating profit growth for airports under the firm’s coverage will pick up to a 9.5 percent compounded annual growth ...
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