When It Comes to Tipping, Millennials Are Cheapest

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U.S. millennials are quick to whip out their wallets for pricey avocado toast and craft beer. But when it comes to rewarding the waiters and bartenders who serve them, those wallets often stay closed. Ten percent of millennials don’t tip at all when dining out compared with only three percent among the older generations, according to a […]

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First Marijuana-Based Medicine Is Approved for Sale in U.S.

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The first-ever medical treatment derived from a marijuana plant will hit the U.S. market in a few months after regulators on Monday gave the epilepsy treatment the green light. The Food and Drug Administration approved Photographer: Kathy Young/AP Epilepsy patients and doctors have long had interest in marijuana’s therapeutic potential. The approval marks the first […]

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Marcus, Casper, Oscar: Why StartupsAre Obsessed With Human Names

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“A person’s name is to him or her the sweetest and most important sound in any language.” Though Dale Carnegie was talking about nurturing relationships, a lot of startups these days are incorporating his observation into branding strategy. They are naming themselves after people.  Over the past few years, a crowd of new companies has emerged across […]

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Autism Disorder Increases in U.S. Children, CDC Study Finds

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U.S. autism prevalence has grown, according to a federal Centers for Disease Control and Prevention report, with about 1.7 percent of 8-year-olds affected in 11 states. The study, based on 2014 research, again identifies New Jersey with the highest incidence. One in 34 children in that state, or 3 percent, fall on what’s called the […]

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Electric Buses Are Hurting the Oil Industry

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About 279,000 barrels a day of fuel won’t be needed this year China adds a London-sized electric bus fleet every five weeks Source: Bloomberg New Energy Finance For every 1,000 battery-powered buses on the road, about 500 barrels a day of diesel fuel will be displaced from the market, according to BNEF calculations. This year, […]

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Heres Why Trump Went Postal on Amazon

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The Amazon blame game took another turn on Thursday, when President Donald Trump spun the wheel back around to the U.S. Postal Service.  Source: U.S. Postal Service U.S. mail is also required to cover every American, employing carriers who roam neighborhoods six days a week (or seven, if Amazon has a package ready). The Postal Service has […]

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China Now Has the Most Valuable AI Startup in the World

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It becomes the world’s richest-valued private AI startup The company drives China’s ambition to dominate global AI said to have sought the biggest stake in the three-year-old startup. With the deal, SenseTime has doubled its valuation in a few months. Backed by Qualcomm Inc., it underscores its status as one of a crop of homegrown […]

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These Are the Worlds Cheapest Places for Drugs, Booze and Cigarettes

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Drugs, drinks and cigarettes are most affordable in Luxembourg In Japan, New Zealand and Australia vice basket tops $1,000 a year earlier. Online Sales In absolute terms, the gross weekly cost exceeded $1,000 in only three countries: Japan, New Zealand and Australia. By comparison, an equivalent basket ran less than $100 in 21 mostly tropical […]

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Uber Pulls Out of Southeast Asia, Selling Operation to Rival Grab

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Uber Technologies Inc. has agreed to sell its Southeast Asian operations to Grab, withdrawing from yet another fast-growing region to end a war of attrition with a fierce local rival. Under the agreement, Grab will acquire all of Uber’s operations in a region of 620 million people, including food delivery service UberEats. The U.S. ride-hailing […]

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