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Business & Lifestyle

The week in business: throwing billions at the COVID-19 coronavirus epidemic

By now, you probably know every detail about the COVID-19 coronavirus outbreak in the entire world and how it has engulfed 198 countries. The news channels are filled with stories about people practicing social distancing and living in isolation through this grim situation. The US is one of the worst-hit areas, with 68,000 people reportedly affected, with over 1,000 people dead. Under such a grave scenario, it’s only obvious that it’s economic conditions of the US will experience a negative […]

todayMarch 29, 2020 72

technology business AI digital

Business News

AI Watch: How insurers are making better decisions with AI assistance

Artificial intelligence (AI) is a disruptive technology dedicated to solving problems. One of the most significant issues that the insurance industry has to face is how mired in the past it has become. Entrepreneur notes that the insurance industry has been traditionally against the adoption of new technology. This line of thinking has severely hampered their ability to provide proper service into the twenty-first century. AI is ideally placed to improve the business practices that exist in the insurance industry. […]

todayFebruary 23, 2020 18

Business & Lifestyle

Coroner: Illinois man who died in grain bin accident suffocated

MORRISONVILLE, Ill. (UPI) -- The autopsy of an Illinois man who died in a grain bin accident this week during his first day on the job found he suffocated after being buried in corn. Farmworker David Lowis, 61, had been helping empty the bin on a farm in Morrisonville on Monday. Corn had stuck to the sidewalls, so Lowis entered from the top to manually free the grain, but he became trapped. "He was told to stay at the door," […]

todayFebruary 14, 2020 6

Business & Lifestyle

How will America’s increasing debt levels impact the price of Bitcoin?

Debt is often compared to being a double-edged sword. Countries can borrow money to stimulate growth and large internal projects, affording their citizens a better economy to accumulate wealth and a higher quality of living. However, this debt comes with interest, and many countries end up in a vicious cycle of borrowing or printing more money to pay off their debts.  The more money a country borrows, the more it has to pay back in the future. This means future […]

todayJanuary 31, 2020 14

Business & Lifestyle

Proposed legislation in Hawaii would allow banks to serve as cryptocurrency custodians

HONOLULU (Heartland Newsfeed) -- Proposed legislation in Hawaii's state legislature could change the banking system, allowing for the storage and custody of cryptocurrency. Senate Bill 2594 was filed and introduced in the Hawaii Senate with bipartisan support. The legislation would make it legal for banking institutions in the state to hold "digital securities," "virtual currencies," "digital consumer assets" and other "open blockchain tokens" for their customers and allow the court system to hear cases on digital asset claims. Democratic Sens. […]

todayJanuary 23, 2020 13

Business & Lifestyle

South Korea considering a crypto income tax of 20%

SEOUL (Heartland Newsfeed) -- Crypto holders living in South Korea may want to keep an eye out on recent actions being pursued by their government. A report released Monday from South Korean-based Yonhap News Agency revealed the country's Ministry of Economy and Finance's (SKMEF) tax office is reviewing a proposal that could result in the adoption of a cryptocurrency income tax, which could be as high as 20 percent. An unidentified official who spoke with Yonhap suggests that South Korea […]

todayJanuary 20, 2020 21

Business & Lifestyle

Intel reclaims top position in semiconductors over Samsung

SEOUL (UPI) -- Samsung Electronics lost its top-ranking position in the semiconductor market last year, as U.S.-based Intel beat the South Korean company, according to global research firm Gartner. The firm said Wednesday Intel's 2019 revenue amounted to $65.8 billion -- down 0.7 percent from a year before -- for a total market share of 15.7 percent. Meanwhile, Samsung saw its sales plunge 29.1 percent to $52.2 billion year-on-year, with a market share of 12.5 percent. Samsung, the world's largest […]

todayJanuary 16, 2020 25

Business & Lifestyle

10 tools to help remote developer teams work efficiently

It’s proven that remote teams work more productively than teams in an office environment. One survey found 77% of workers were more productive when working remotely. Another found that 76% of workers were distracted less often than when working in an office. Remote workers may be more productive, but there are still challenges to working efficiently in a distributed team. Coordinating developers across time zones can present a logistical headache. Remote developer teams need the right tools and platforms to ensure they can share work efficiently […]

todayJanuary 15, 2020 17

National

7 billion-year-old stardust found in Australian meteorite

CHICAGO (UPI) -- Scientists have found stardust older than the sun trapped in the Murchison meteorite, which crashed into Australia in 1969. "These are the oldest solid materials ever found, and they tell us about how stars formed in our galaxy," Philipp Heck, a curator at the Field Museum and associate professor at the University of Chicago, said in a news release. Presolar grains are bits of stardust that were formed before the birth of the sun. The grains are […]

todayJanuary 14, 2020 19

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