Oil! Massive shale discovery in Texas

Oil! Massive shale discovery in Texas

A history of oil’s booms and busts An overlooked corner of West Texas is believed to contain billions of barrels of newly-discovered shale oil. Apache (APA) revealed the huge find this week after more than two years of stealthily buying up land, extensive geological research and rigorous testing. Read More

Where are all the startups? U.S. entrepreneurship near 40-year low

Where are all the startups? U.S. entrepreneurship near 40-year low

Startup king: Private valuations are meaningless Being the next Mark Zuckerberg requires Americans to be gutsy and start companies. Lately, they’re not doing it. New business creation in the U.S. (a fancy way of saying “startups”) is at nearly a 40-year low. Read More

Only 1.9% of people in this city are unemployed

Only 1.9% of people in this city are unemployed

This is the strongest part of the U.S. economy If you’re looking for a job and don’t mind the cold, Sioux Falls, South Dakota, could be your next home. Sioux Falls has the nation’s lowest unemployment rate of any city: 1.9%. By comparison, the national unemployment rate is 4.8%. And you might not guess it, → Read More

Brexit tax: Brits will pay 11% more for an iPhone 7

Brexit tax: Brits will pay 11% more for an iPhone 7

See Apple’s iPhone 7 in :90 Brits wanting to buy the new iPhone will have to dig a lot deeper into their pockets. And it’s all down to Brexit. In the U.S., the iPhone 7 will sell for the same amount as the iPhone 6S when it was released — $649 without tax. But the → Read More

United Health (UNH) Offering Possible 12.61% Return Over the Next 8 Calendar Days

United Health (UNH) Offering Possible 12.61% Return Over the Next 8 Calendar Days

United Health’s most recent trend suggests a bearish bias. One trading opportunity on United Health is a Bear Call Spread using a strike $136.00 short call and a strike $141.00 long call offers a potential 12.61% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread → Read More

Stocks: 6 things to know before the open

Stocks: 6 things to know before the open

CEO pay is rising around the world Let’s skip the pleasantries and get straight to it. Here are the six things you need to know before the opening bell rings in New York: Read More

Formula 1's new owner is an American billionaire

Formula 1's new owner is an American billionaire

Richard Branson hints at electric car An American billionaire has taken the wheel at Formula 1. John Malone’s Liberty Media has agreed to buy the iconic racing series in a deal that values it at $4.4 billion. Liberty (LMCA), which has a stake in SiriusXM and the Atlanta Braves, plans to carry out its takeover → Read More

Air China apologizes over article slammed for racism

Air China apologizes over article slammed for racism

5 stunning stats about airlines Air China has apologized for an article in its in-flight magazine that warned London visitors about going to neighborhoods with large populations of “Indians, Pakistanis and black people.” The offensive words set off a storm of protest on social media and prompted a British lawmaker to demand an apology from → Read More

This foldable bike helmet is made from paper

This foldable bike helmet is made from paper

This helmet is made of paper The popularity of bikesharing is booming among city commuters, thanks to the convenience — and affordability — of renting a bike on the go. But it has one glaring drawback. There’s no easy way to rent a helmet. 28-year-old industrial designer Isis Shiffer was tired of lugging around her → Read More

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