Domino’s in-house technology push has helped increase online orders
Domino’s laser-sharp focus on improving online ordering is paying off, thanks to the company’s investment in in-house technology. The pizza giant reported a global retail sales growth of 8.3 percent in its third-quarter earnings Tuesday, as well as $786 million in revenue for the quarter. The company’s use of proprietary technology to provide a consistent […]
FD signs deal with South Korean firm to use technology for ‘smart factories’
The Kx platform will analyse data generated by ‘smart factory’ sensors Technology firm First Derivatives has signed a deal with South Korea’s Bistel that will see the Newry-based firm’s Kx technology used in Bistel’s products. The company said it the first “Kx Inside” products would begin to hit the market in the first half of […]
Chinese search firm Baidu joins global AI ethics body
Company is first Chinese member of Partnership on AI, following, Google, Apple, Facebook and others The AI ethics body formed by five of the largest US corporations has expanded to include its first Chinese member, the search firm Baidu. The Partnership on Artificial Intelligence to Benefit People and Society – known as the Partnership on […]
Technology Is a Game Changer for the NBA
As a new season approaches, solutions such as data analytics, mobile apps, and augmented and virtual reality are proving a slam dunk for basketball. When Stephen Curry of the Golden State Warriors takes a pull-up 3-point shot in the team’s season-opening game on October 16, he’ll be unleashing what ESPN writer Kevin Pelton has identified […]
Dow ends nearly 550 points higher as upbeat earnings send stocks soaring
Dow, S&P 500, Nasdaq have best day since March Stocks closed higher Tuesday, with the Dow Jones Industrial Average rallying nearly 550 points on upbeat earnings and robust economic data, marking the biggest one-day percentage gain for major indexes since late March. The tech sector, which had led Monday’s decline, bounced back resoundingly to lead […]
Sterling slides after U.K. inflation print; dollar traders await Fed minutes
Currency markets kicked off Wednesday trade on a choppy note, as themes driving major pairs including Brexit and worries about Italy remained firmly in place. The U.S. dollar was among the better-developed market performers, with the ICE U.S. Dollar Index DXY, +0.24% last up 0.4% at 95.394, counteracting Tuesday’s sluggishness. U.S. traders are meanwhile awaiting […]
The Midwest economy is about to get pummeled again
Manufacturing jobs growth has already stalled, and the trade war will make it worse Over the summer, Indiana’s economy showed clear signs of weakening. This same story played out across the manufacturing and farming-intensive states of the Midwest. To be sure, it is still easy to paint a rosy picture of our economy. Jobs are […]
Gold slips from multimonth high as dollar index firms
Stock weakness limits gold’s downside ahead of latest Fed snapshot Gold futures pulled back slightly Wednesday from a finish a day earlier at the highest since July, with the precious metal nicked by a firmer dollar but supported by stock-market uneasiness. The typically “haven” gold market so far showed little reaction to news that Russian […]
Health tax moves ahead
The B.C. government is pressing ahead with its plan to eliminate Medical Services Plan premiums and replace them with an employer health tax. The Employer Health Tax Act, which sets a tax of 1.95 per cent on the payroll of businesses with payrolls over $500,000, was introduced in the legislature Tuesday and would take effect […]
Uber could be worth $120B
Uber may put forth an initial public offering early next year that values the ride-hailing business at as much as $120 billion, according to a media report. The Wall Street Journal said Tuesday that Uber Technologies Inc. received valuation proposals from Goldman Sachs and Morgan Stanley. There is no guarantee Uber will fetch that valuation, […]