Latest Blogposts

  • All the fuss and all the hype is about virtual-reality goggles like the Oculus Rift. But the world isn’t making enough fuss over augmented reality.

    What’s the difference? VR goggles isolate you. They entomb your eyes and ears in a headset, blocking out the world.

    But augmented-reality goggles like the Microsoft Hololens (and the secret but much-hyped Magic Leap project) feature transparent lenses. You’re looking at computer-generated objects in the room with you.

    In researching an upcoming “CBS Sunday Morning” story, I visited the medical school of Case Western Reserve Medical School, where a pilot project is under way. The idea is to teach anatomy to medical students not in a cadaver lab, as most med schools do, but instead in an empty room—wearing Hololens.

    According to Dr. Mark Griswold, who’s leading this program, the med school’s new building won’t have a cadaver lab at all. When it opens in 2019, med students will learn anatomy exclusively through augmented reality.

    In this

    Read More »from Pogue Reports: University replaces cadaver labs using augmented reality with Microsoft Hololens
  • Forget the Uber app. On Thursday, the ride-sharing company announced a partnership with the location-data service Yext that will allow customers to request a car directly through the websites of stores and restaurants. By teaming up with Yext, a cloud-based company that businesses use to manage their location information across their websites and search engines, Uber lets riders to book directly through a site and get dropped off at precisely the right entrance of a destination.

    “Yext puts businesses on the map. And together now, Yext and Uber are going to help drive business off the map with Uber buttons placed on our customers’ store pages,” Yext CEO Howard Lerman told Yahoo Finance.

    Currently, the pilot program only has a few select customers, including CiCi’s Pizza, Cole Haan and Guitar Center.

    Ride with Uber
    Ride with Uber

    Yext, which Lerman co-founded 10 years ago, works with 1 million businesses. Whenever a customer looks up any business — ranging from nail salons to car repair shops — Yext is

    Read More »from Uber’s new partnership will help your driver show up at exactly the right spot
  • Worry is gripping Wall Street as the financials sell off, lead by troubled Deutsche Bank. We break down what could be next for this on-edge market. Catch The Final Round at 4 p.m. ET with Jen Rogers, markets correspondent Nicole Sinclair and reporter Jared Blikre.

    Winners and losers

    Stocks in the red today include Intra-Cellular Therapies after disappointing results for its lead drug, a schizophrenia treatment; FitBit after Pacific Crest downgraded it based on slow sales of the new FitBit Charge 2 wearable; and Mylan, with shares dropping after the government revealed the drug maker had improperly classified EpiPens in order to pay lower rebates to state health programs.

    Stocks in the green today include NXP Semiconductors on reports that it’s in talks to be acquired by Qualcomm; eBay on a Deutsche Bank upgrade citing upcoming success from the auction site’s branding campaign; and Con-Agra, with investors gobbling up shares of the Chef Boyardee and Hunt’s Ketchup maker after it

    Read More »from Worry growing on Wall St. as financials sell off
  • By Alan Valdes, director of floor operations at Silverbear

    Who would have thought it was possible? The OPEC nations “may” have come to an agreement on reducing production. It was reported that OPEC nations agreed to reduce production from 33.2 million barrels a day to 32.5 million to 33.0 million barrels a day.

    US crude rallied on the news, finishing the day up 5.3% to close at $47.05. The news also sent the Dow (^DJI) up 110 points to close at 18,399 and the Nasdaq (^IXIC) up 12.84 to close at 5,318. Both European and Asian markets traded higher overnight. But will this deal really reduce the worldwide glut in oil inventories? Maybe … but not so fast.

    Let’s take a closer look at this “supposed” agreement. It does not become implemented (if ever) until November. A lot can happen between now and then. According to the Iranian oil minister, Iran would produce 4 million barrels a day, up from 3.6 million a day. Saudi Arabia said it would cut back 350,000 barrels a day. However, as the

    Read More »from Why the latest OPEC 'agreement' probably won't reduce the oil glut: NYSE trader
  • Travelers are urged to join airline frequent flier programs with the promise of getting perks and free flights down the road. But while earning status on an airline seems like a great idea, it quickly becomes clear that seeing any real benefits is going to take time…and a lot of money.

    So is all of that loyalty really worth it? Or would flying be better if travelers just picked the airline with the cheapest airfare?

    That question was a hot topic during a panel discussion with “The Points Guy” Brian Kelly, and Airfare Watchdog founder George Hobica, at Skift’s 2016 Global Travel Forum. Both men have made a living sharing travel advice and tips with travelers, but they had very different views on the current status of airline loyalty programs.

    Is your loyalty being returned?

    It’s no secret that airline loyalty programs are changing. The days of acquiring points based on distance flown are past, with more airlines now rewarding points based on the amount of money a traveler spends. In

    Read More »from Are airline frequent flyer programs worth your loyalty? Experts weigh in
  • Stocks (^DJI^GSPC^IXIC) are off yesterday’s close on low volume, with the energy sector (XLE) still in the green and utilities (XLU) down the most. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange.

    To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Rick Newman and Yahoo Tech founder, David Pogue.

    Pentagon’s 5,000 Cyber Force Close to Ready: Report

    The Pentagon’s master plan to wage cyber war is one step closer to reality. Bloomberg reports that the Defense Department’s 5,000 member cyber force will be ready to carry out its mission by the end of the week. The group is devoted to protecting military computer networks and launching cyberattacks against terror groups. A Pentagon official says 133 teams have met basic criteria on personnel, training, resources and equipment.

    Why Trump’s trade policies might have killed the iPhone

    Imagine a world without the iPhone. It’s a nightmare

    Read More »from Pentagon's new 'Cyber Mission Force' to fight cyber wars Friday
  • Yahoo Finance is tracking the stocks you’re following, based on your Yahoo Finance ticker searches.

    eBay (EBAY) – Deutsche Bank (DB) upgraded its rating on eBay to buy and lifted its price target by $10 to $40 per share, implying 25% upside.

    Apple (AAPL) – Barclays (BCS) has removed Apple from its top picks list and has lowered its price target on the stock to $114 per share.   Barclays says the move signals “possible near-term tumult after the stock’s recent run.”

    PepsiCo (PEP) – The company topped Wall Street expectations in its fiscal third quarter, reporting earnings per share of $1.40 on revenue of $16.03 billion. PepsiCo also raised its earnings forecast for the year.

    Delta Air Lines (DAL) – The airliner is expanding its service from New York and Boston to Europe next summer. Delta will now offer service between New York and Lisbon and between Boston and Dublin.

    Wells Fargo (WFC) – CEO Jon Stumpf is heading back to Capitol Hill to testify before the House Financial Services

    Read More »from Barclays removes Apple from top pick list; eBay upgrade; PepsiCo earnings beat
  • This foldup drone can fit in your bag

    DJI’s new Mavic Pro drone is half the size of most consumer drones and much slimmer…

    Making it easy to fold up and toss in your bag or backpack.

    Don’t let its small size fool you, though.

    It can hold its own against the big boys.

    Equipped with front and bottom sensors to avoid obstacles the Mavic Pro can land autonomously.

    The tiny drone also shoots 4K video at 30 fps and full 1080p HD with a 12-megapixel camera and believe it or not, it can live-stream video from up to 4.3 miles away.

    All this on 27 minutes of battery life per charge.

    Plus you don’t even need a remote. Not bad for a small, foldable drone that will

    run you only $749.

    Source: http://www.theverge.com/2016/9/27/13058722/dji-mavic-pro-drone-foldable-4k-gesture-control

    Read More »from This foldup drone can fit in your bag
  • Democratic presidential nominee Hillary Clinton reacts to her newly unveiled campaign plane before boarding for the first time at the Westchester County Airport in White Plains, N.Y. , on September 5, 2016. (REUTERS/Brian Snyder)
    Democratic presidential nominee Hillary Clinton reacts to her newly unveiled campaign plane before boarding for the first time at the Westchester County Airport in White Plains, N.Y. , on September 5, 2016. (REUTERS/Brian Snyder)

    Billionaire distressed-debt investor Howard Marks, the founder of Oaktree Capital Management, is backing Hillary Clinton for president because she’s “sane and competent.”

    At the Bloomberg Markets Most Influential Summit on Wednesday, Marks wasn’t exactly enthused when he was asked if Clinton could tackle some of the key economic issues he had raised.

    “I haven’t heard much that convinces me, but I believe that she’s, well, what did your boss [Mike Bloomberg] say? ‘Sane and competent’? And, I believe she will surround herself with good advisors. And I believe she understands the need for good advisors. And she will work tirelessly and long hours of study to come up with plans. She is not the candidate of change, and we need change.”

    Without mentioning Donald

    Read More »from Billionaire Howard Marks: Clinton isn't 'the candidate of change' but at least she's 'sane and competent'
  • Here are some of the stocks the Yahoo Finance team will be watching for you today:

    PepsiCo (PEP) shares got a nice pop in early trading. The beverage and snack giant raised its profit outlook for the year after reporting a beat on both its top and bottom lines for the fiscal third quarter. Revenue declined 1.8% from a year ago, but cheaper raw material costs and demand for snacks and beverages in North America lifted its core profit.

    Fitbit (FIT) share fell in early trading after Pacific Crest downgraded the stock to underweight from sector weight this morning. The firm citing that the company’s flagship holiday product—the *Charge 2* is off to a slow start.

    Pier 1 Imports (PIR) delivered a loss of $0.05 a share for the second quarter. That was in-line with analysts’ estimates. Revenue missed expectations with sales falling 6.7% from a year ago as fewer shoppers visited its stores. The company also cut its outlook for the year.

    Wells Fargo (WFC) CEO John Stumpf heads back to Capitol

    Read More »from Pepsi pops, Fitbit slims down, Pier 1 jumps, Well Fargo getting grilled
  • As cord-cutting grows, cable networks know they must try new things, and experiment a little, to reach new audiences. ESPN’s latest experiment is with drone racing.

    The sport is exactly what it sounds like: small, nimble aircraft race through obstacle courses at speeds of 50 to 80 miles per hour. The pilots stand on the ground, wearing goggles that give them a first-person view from a camera on the drone; pilots see what their drone sees.

    When ESPN first televised drone racing last August from the Drone Sports Association (DSA), it was only streaming on its digital platforms, ESPN3 and WatchESPN. It was a low-risk effort.

    ESPN2 will show five Drone Racing League events

    Now ESPN has moved drone racing to traditional television, on ESPN2. It is a bet on the growing popularity of a still-very-niche techie pastime. As a sign of how niche: On Sept. 18, ESPN re-aired an edited version of the DSA’s 2016 national championships from August. It was the first time drone racing has been shown on

    Read More »from ESPN is doubling down on drone racing. Will you watch?
  • US home price gains slowed slighting in July, as many on Wall Street are speculating that the Federal Reserve will raise rates before the end of the year. The S&P/Case-Shiller 20-City Composite Index rose 5.0% year-over-year, missing analysts’ expectations of a 5.1% increase but still above the 4.8% pace of the prior two years.

    The recent surge in real estate demand has pushed home prices near their pre-crisis peak in 2006, which is making it increasingly difficult for new home buyers to enter the market. Home sales fell 0.9% in August from the previous month, according to the National Association of Realtors. That’s the second straight month of declines.

    Higher home prices have begged the question by many as to whether the current pace is sustainable, or if there’s reason to fear another massive collapse in real estate.

    “There’s always reason to worry [about a coming collapse],” Robert Shiller, Nobel Prize–winning economist and co-creator of the S&P/Case Shiller Index, told Yahoo

    Read More »from Robert Shiller: There's ‘always reason to worry’ about a coming collapse in housing
  • Wall Street’s enthusiasm over a potential OPEC deal has faded. All three major averages (^GPSC, ^DJI, ^IXIC) started the day in the red after Wednesday’s rally in crude prices (CL=F) evaporated.

    Skepticism about OPEC deal

    Not everyone believes OPEC’s preliminary deal to cut oil production at its next meeting is real. Retired Gen. David Petraeus is among the skeptics, calling the cut “nonsense.” Real or not, the success of the cut could have mixed implications for US consumers, businesses and investors. Why does this matter to you?

    Economic data

    On the economic front, the final read on second-quarter GDP rose at annualized rate of 1.4%, according to the Commerce Department.

    Meanwhile, the Labor Department reported that the number of people filing for first-time jobless benefits rose by 3,000 to 254,00.

    Skepticism about OPEC

    Not everyone believes OPEC’s preliminary deal to cut oil production at its next meeting is real. Retired Gen. David Petraeus is among the skeptics, calling the cut

    Read More »from An OPEC production cut some say will never happen
  • Singaporeans are the unhappiest employees out of of seven Asian markets, according to JobStreet.com’s Job Happiness Index released on Thursday (29 September).

    Out of the 67,764 participants from Singapore, Malaysia, the Philippines, Indonesia, Thailand, Hong Kong and Vietnam surveyed in June, the 3,398 Singaporean respondents averaged a 5.09 score out of the highest – and happiest – score of 10.

    Workers in the Philippines were found to be the happiest, with an average score of 6.25. The average scores of the remaining markets were (in ascending order of happiness): Malaysia (5.22); Vietnam (5.48); Hong Kong (5.56); Thailand (5.74) and Indonesia (6.16). 

    Singaporeans were also the most pessimistic about their prospects in their existing jobs. Sentiment ratings and future outlooks about their jobs saw them scoring an average of 4.93, the unhappiest score among the surveyed markets.

    Among the Singaporean respondents, those in the C-suites (i.e. top corporate executives) were found to be

    Read More »from Singaporeans the unhappiest employees, says survey of 7 Asian markets
  • Your kidney stone: A user’s guide

    I know, I know. Ew! Who’d want to read about kidney stones? That’s gross and unpleasant!

    So if you’re pretty sure you’ll never have one, feel free to skip this story. But just remember: 19% of all men and 9% of all women will one day get a kidney stone. That’s 300,000 Americans every year — half a million emergency-room visits.

    And in our new, hotter world, those numbers are going up. Heat leads to dehydration, which leads to kidney stones.

    A kidney stone won’t kill you. But the pain is so intense that you might wish it would. According to some women who have both had a kidney stone and given birth, the stone hurts more than childbirth.

    I never ever ever thought I’d get one of these things. And when I did, I was astonished to find out how little we know about them and how crude the treatments seem. The Web is full of conflicting information, jargony information and bad information. Even among urologists — the kind of doctor who treats kidney stones — you’ll get different advice. I

    Read More »from Your kidney stone: A user’s guide

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