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Top Stories - The $900 million village with no cars


Cape Town will soon be home to a luxury eco-friendly village with no cars and sustainable technologies.


Saturday, April 30, 2016  02:16

Yahoo

Business - How X (Google) Experiments


This blog explores how to run great experiments in your company, based on recent conversations with my friend Astro Teller, Chief of Moonshots at `X` (formally Google X, Google`s R&D factory).X`s mission is to invent and launch `moonshot` technologies that could make the world a radically better place… dare I say, help create a world of...


Thursday, April 28, 2016  17:58

Yahoo

Business - United Tech sees sales uptick in China; posts profit beat


United Technologies Corp saw an uptick in equipment orders in China in the first quarter, Chief Executive Greg Hayes said in an interview on Wednesday, as the company posted results that beat analyst estimates. The maker of Pratt & Whitney aircraft engines and parts, Otis elevators and climate controls and security systems, expects activity in China and Europe to keep rising, Hayes said. `It feels like things have at least bottomed out both in Europe and in China,` Hayes said.


Wednesday, April 27, 2016  20:56

Yahoo

Business - United Tech sees signs equipment market bottoming in China


NEW YORK (Reuters) - United Technologies Corp sees signs that the equipment market is bottoming in China as unit orders rose in the latest quarter, Chief Executive Greg Hayes said in an interview on Wednesday. The maker of aircraft engines and parts, elevators and climate controls and security systems expects activity in China to rise in the second half of the year, Hayes said. (Reporting by Alwyn Scott; Editing by Chizu Nomiyama)


Wednesday, April 27, 2016  13:06

Yahoo

Business - Union says Volkswagen staff won`t pay price for Dieselgate in wage talks


Volkswagen has no right to use the crisis over its emissions test cheating to deny workers a reasonable wage increase, the IG Metall union said, reiterating its call for a 5 percent pay hike for about 120,000 VW staff in western Germany. VW plunged to the biggest loss in its history last year after it set aside 16.2 billion euros ($18.3 billion) to help meet costs arising from its cheating. A `measured settlement is more important than ever,` VW brand human resources chief Martin Rosik said on Tuesday after the first set of wage talks with IG Metall in Hanover, also citing costs of new technologies and regulation.


Tuesday, April 26, 2016  14:29

Yahoo

Business - Union says VW staff won`t pay price for Dieselgate in wage talks


Volkswagen has no right to use the crisis over its emissions test cheating to deny workers a reasonable wage increase, the IG Metall union said, reiterating its call for a 5 percent pay hike for about 120,000 VW staff in western Germany. VW plunged to the biggest loss in its history last year after it set aside 16.2 billion euros ($18.3 billion) to help meet costs arising from its cheating. A `measured settlement is more important than ever,` VW brand human resources chief Martin Rosik said on Tuesday after the first set of wage talks with IG Metall in Hanover, also citing costs of new technologies and regulation.


Tuesday, April 26, 2016  14:11

Yahoo

Business - Google, Ford, Uber form coalition on self-driving cars


(Reuters) - Alphabet Inc`s Google unit , Ford Motor Co , Volvo Cars and two ride-sharing companies said Tuesday they are forming a coalition to urge federal action on self-driving cars. The coalition, which also includes Uber Technologies Inc [UBER.UL] and Lyft, is `to work with lawmakers, regulators, and the public to realize the safety and societal benefits of self-driving vehicles.` The group said David Strickland, the former top official of the U.S. National Highway Traffic Safety Administration, will serve as the coalition`s counsel and spokesperson. `The best path for this innovation is to have one clear set of federal standards, and the coalition will work with policymakers to find the right solutions that will facilitate the deployment of self-driving vehicles,` Strickland said in a statement.


Tuesday, April 26, 2016  13:15

Yahoo

Business - Sikorsky acquisition boosts Lockheed`s revenue


(Reuters) - Lockheed Martin Corp reported a 15.7 percent rise in quarterly sales and raised its forecast for the year, helped by the acquisition of helicopter maker Sikorsky Aircraft and higher sales of its F-35 fighter jets. The $9 billion acquisition of Sikorsky Aircraft from United Technologies Corp in November boosted sales in its mission systems and training (MST) business, which is also its second largest division. The business is Lockheed`s biggest, accounting for 34 percent of its total revenue.


Tuesday, April 26, 2016  13:15

Yahoo

Business - Honeywell to repurchase up to $5 billion of shares


(Reuters) - Honeywell International Inc , a U.S. manufacturer of aerospace parts and climate control systems, said its board authorized the company to repurchase up to $5 billion of its common stock. In March, Honeywell had scrapped its $90.7 billion offer to buy rival United Technologies Corp , citing the company`s unwillingness to engage in negotiations. Honeywell had 762.1 million shares outstanding as of March 30.


Monday, April 25, 2016  15:42

Yahoo

Business - How Microsoft Missed the Mark on Internet Technology


Why did Microsoft miss the internet so badly on search, on cloud applications, etc.? originally appeared on Quora - the knowledge sharing network where compelling questions are answered by people with unique insights. Answer by Russell Siegelman, former Microsoft and KPCB, currently GSB professor and angel investor, on Quora.I am not sure I...


Wednesday, April 27, 2016  19:24

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