Toys R Us Collapses Into Bankruptcy Thanks to Crushing Debt

September 29, 2017

The filing is the latest blow to a brick-and-mortar retail industry, which has seen a string of bankruptcies from Payless Inc. and Gymboree Corp. to Perfumania Holdings Inc. Chains are reeling from store closures, sluggish mall traffic and the gravitational pull of Inc.’s lower costs and global home delivery. More than 10 percent of U.S. retail space, or nearly 1 billion square feet, may need to close, convert to…


Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal

September 27, 2017

Bitcoin tumbled the most since July after China’s central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the burgeoning market for digital token sales. The Read more: The Chinese ICO crackdown — a Gadfly column ICOs are digital token sales that have seen unchecked growth over the past year, raising threat to their reign….


Equifaxs Hacking Nightmare Gets Even Worse For Victims

September 12, 2017

After Equifax Inc. been demonstrated that sensitive data on two of every 5 Americans was explained in a cyberattack, thousands entered onto a company website to see if they were at risk. For many, the website didn’t work at first. But for those who got through, a bad surprise was waiting. If your data had been stolen, Equifax offered a free time of credit monitoring known as” TrustedID Premier .”…


China’s Fossil Fuel Deadline Shifts Focus to Electric Car Race

September 12, 2017

China will provide a deadline for automakers to terminate sale of fossil-fuel-powered vehicles, becoming the biggest sell to do so in a move that will accelerate the push into the electric car market led by companionships including BYD Co. and BAIC Motor Corp. Xin Guobin, the vice minister of the enterprises and information technology, said the government is working with other regulators on a timetable to end production and sales….


Tesla Finishes First Solar RoofsIncluding Elon’s House

August 27, 2017

First the Model 3 electric car. Now the solar roof. In time 1 week, Tesla has objection two distinct manufactures with radically new concoctions. Tesla has completed its first solar ceiling installations, the company reported Wednesday as part of a second-quarter earnings report. Just like the first Model 3 purchasers, who made their keys last week, the first solar ceiling patrons are Tesla hires. By selling to them first, Tesla…


French EasyJet Pilots Appeal to Founder Stelios Over Cost Cuts

August 13, 2017

Stelios Haji-Ioannou ITV Plc, with no successor yet appointed. The Lean program last year saved the company 95 million pounds ($124 million) in airport, ground handling, maintenance, and supplier management costs, according to its annual report. In its letter, the SNPL cited an incident last month in which an airport worker in Nice, France, and an EasyJet passenger exchanged blows in a confrontation over delays as a “physical demonstration that…


Police officer searches a house for monsters with his 4-year-old partner

July 31, 2017

None found so far.Image: disney Everyone can rest easy: there are no monsters in Longmont, Colorado. One police officer in the town checked the house of a 4-year-old girl who was nervous about her new home. SEE ALSO: Note from dog sitter perfectly demonstrates the struggle of owning a pup She met Officer [David] Bonday and asked him if he would come search for monsters in our house, Megan Fahrenbruch…


Japan Captures More Photographs of Likely Melted Fukushima Fuel

July 24, 2017

A trove of new images captured in the past few days show what is likely to be melted nuclear fuel from inside one of Japan’s wrecked Fukushima reactors, a potential milestone in the cleanup of one of the worst atomic disasters in history. took photographs in January of what appeared to be black residue covering a grate under the Fukushima Dai-Ichi No. 2 reactor, which was speculated to have been…


This girls robotics team from Afghanistan was denied visas to the U.S.

July 4, 2017

Team Afghanistan at work.Image: first global A robotics competition team of Afghan girls won’t be able to watch their creation compete in person. They were recently denied one-week visas to the United States to come to Washington, D.C., for the First Global Challenge, a new robotics competition that focuses on providing clean water. SEE ALSO: U.S. visa applicants may have to hand over their social media handles The team twice…


How Americas Aircraft Carriers Could Become Obsolete

July 3, 2017

President Donald Trump has been consistent in his argument that the U.S. Navy has shrunk to a woefully inadequate size. The Republican has repeatedly said he wants the service to expand, including a fleet of a dozen aircraft carriers. That plan isn’t in the Pentagon’s current budget, but on July 22 the Navy will formally commission precautionary signal to North Korean aggression. The is the first of four planned -class carriers,…