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The U.S. Federal Aviation Administration announced on Monday that it will issue a long-awaited rule to allow for small drones to fly over people and at night, bringing the technology's use for widespread commercial deliveries one step closer to becoming a reality.
In addition, the FAA is also requiring remote identification for most drones in order to address security concerns. READ MORE
As a year unlike any other draws to a close, Forbes takes a look at the biggest scandals billionaires found themselves facing, from tax evasion to alleged financial fraud to a billionaire spat between neighbors featuring the Gilligan’s Island TV show theme song. READ MORE
Elon Musk's aerospace company sent an update email to beta testers Tuesday saying its made upgrades to the service, including a "Snow Melt Mode" for the Starlink dishes.
Users of SpaceX's "Better Than Nothing Beta" test have posted pictures and videos on the Reddit Starlink community proving that the Starlink terminal still works in extreme weather conditions - and in some cases, it's even faster. READ MORE
It is “impossible” for Elon Musk to turn Tesla private — despite the CEO’s belief that ridding the electric carmaker of its duties as a public company would help accelerate innovation, he said Christmas Eve.
“Engineering, design & general company operations absorb vast majority of my mind & are the fundamental limitation on doing more,” Musk tweeted in response to a user who was speculating on how the tech tycoon could best allocate his time. “Tesla public company duties are a much bigger factor, but going private is impossible now (sigh).” READ MORE
AUSTIN, Texas—A few years ago, some blocks of Austin’s South Congress Avenue featured a castle-themed wax museum and comic book shop, a neighborhood bar with $1 taco deals, an auto shop and, in season, a Santa Claus on horseback.
Then, as at so many other places in Austin, the construction cranes came. READ MORE
There is no place like home for the holidays, but for a steadily increasing number of Americans, there is no place like moving back home, permanently.
As the coronavirus pandemic celebrates its anniversary, the newest trend taking over the market is the growing number of people moving out of their high-rise lifestyle in places like New York, Chicago and Los Angeles. READ MORE
A few months ago, a company called Capella Space launched a satellite capable of taking clear radar images of anywhere in the world, with incredible resolution — even through the walls of some buildings. READ MORE
More than 4,000 warehouse workers at Amazon, the e-commerce giant founded by the world's richest man, depend on food stamps to make ends meet in nine states, according to new U.S. Government Accountability Office data this week. READ MORE
This probably isn't what people mean when they talk about "chicken legs."
On Tuesday, Freddie Campion, content director at Headspace, reignited an old meme about KFC’s Colonel Sanders in a tweet where he wrote that his wife was convinced his bow tie was actually a tiny stick figure underneath a large head. READ MORE
Some business leaders are in favor of requiring their employees take Covid-19 vaccines.
Seventy-two percent of current and recent CEOs of major companies signaled an openness to vaccine mandates, according to a poll held Tuesday at a virtual summit by the Yale Chief Executive Leadership Institute. READ MORE
Business in 2020 has been defined almost entirely by Covid-19, and its impacts are certain to extend well beyond this year. Organizations have undergone a permanent paradigm shift, and the way we work will never be quite the same. While this presents undeniable new challenges in some spaces, in others — especially sales — it catalyzes a much-needed transformation. READ MORE
Wayne Labush’s corporate events company is struggling to survive, with sales down as much as 90% during the COVID-19 pandemic.
So it doesn’t help that a significant share of the few Fortune 500 clients of his that are still holding conventions, trade shows and conferences are taking two to three months — or even longer — to pay what they owe him. READ MORE
The coronavirus pandemic has accelerated many workplace shifts that were already underway: adoption of remote work, an increase in flexibility, digital transformation. Learning and development—which quickly was targeted by employers as a driver of business outcomes and by employees as a lifeline for resilience amid the pandemic—also transformed, and quickly. READ MORE
President-elect Joe Biden is preparing to enter the White House during a tumultuous time. The United States has become deeply divided. The country is being ravaged by the coronavirus pandemic, millions of Americans are out of work and climate change continues to irreversibly alter the planet — and that’s just the tip of the iceberg. READ MORE
As the first Americans receive COVID-19 vaccinations this week developed by big pharmaceutical companies, hundreds of startups focused on vaccines, testing kits and other COVID-19 products are riding the momentum–eager to get their own products to market in the next year. READ MORE
If you've been dreaming about going back to the office, news of a promising Covid-19 vaccine could mean you'll be back at your desk sooner than you thought.
There are obvious benefits to having a workforce that's been immunized from coronavirus, but can your employer require you to get vaccinated? READ MORE
The mergers and acquisitions boom underway will continue over the next few years as special purpose acquisition companies (SPACs) look to put to work $61 billion of unspent proceeds from their initial public offerings, according to Goldman Sachs.
Two hundred six companies have gone public through SPACs in 2020, raising a record $70 billion. Proceeds from SPACs have accounted for 52% of the record $124 billion raised by all U.S. initial public offerings. READ MORE
The COVID-19 pandemic is likely to come to an end in 2021, but that doesn’t mean New York City’s biggest employers—the megabanks and Wall Street firms—are rushing to return to the Big Apple.
FOX Business has learned that even with a vaccine that could allow city employers to filter all their workers back into Manhattan offices by late spring, every major Wall Street firm is drawing up plans to significantly slash its presence in the city for the foreseeable future. READ MORE
Google's services went down for about an hour Monday in a massive outage that prevented many people from watching YouTube videos, accessing their Google Docs or sending email on Gmail.
The outage also made Google Classroom temporarily unavailable, preventing many students learning remotely from accessing their classes.
A little after 8 am ET, most of Google's services came back online, but Gmail remains down for many. READ MORE
It’s no secret that data is running the world. For most businesses, data is critical to growth and expansion, and today they have access to a robust amount of data. More companies are relying on data to help them identify challenges, make timely decisions and impact their bottom lines. From storing employees’ contact information to keeping track of inventory, data can be used in just about every aspect of a business. READ MORE