Barrick Gold Corp. believes its Zambian copper mine is worth more than the $735 million carrying value listed in its latest annual report. Chief Executive Officer Mark Bristow said he’s received interest from potential buyers of the mine, called Lumwana, but isn’t in a hurry to sell it. Bristow disputed a
SpaceX launched 60 new satellites into orbit today (Nov. 11). Weather permitting, you just might be able to see the spacecraft swarm soar overhead in your night sky tonight. Of course, you'll need to know where to look. The new Starlink satellites are the second batch to join SpaceX's growing broadband
Ms. Vitale, the company’s former chief executive, spent much of the summer meeting with potential purchasers. Gene Pressman, the member of the Barneys founding family who had driven the store’s expansion into women’s wear and masterminded its Madison Avenue location, considered jumping back into the fray “for about five minutes,”
Apple has once more been declared the most valuable brand name in the world by Interbrand. It’s the seventh consecutive year the Cupertino company has taken the top slot. The brand consultancy’s rankings do take into account the financial status of companies, but focus more on the factors that make the
Exclusive The technology behind the Catholic Church’s latest innovation, an electronic rosary, is so insecure, it can be trivially hacked to siphon off worshipers' personal information. The eRosary, which went on sale this week at just $109 (£85) a pop, consists of ten metallic beads, and a metal cross that’s Bluetooth
Shares of SmileDirectClub fell as much as 20% Wednesday following the company’s third-quarter earnings release Tuesday, its first as a public company. It’s the largest-ever drop for the company since its September IPO, when its shares plunged 28% in one day. It also brought shares below $9, an all-time low.
According to PYMNTS, merchants suffered $323 billion in total losses from counterfeit products in 2017. Online sales of counterfeit and illicit products are predicted to reach $1.8 trillion by 2020. “Illicit trade in fake goods is a major challenge in an innovation-driven global economy,” said Christian Archambeau, executive director at the
Interior design platform Havenly is raising $32 million in new funding to create its first private label brand as the startup aims to integrate its own products into its design recommendation engine. The Denver-startup is an online interior design consultancy of sorts which pairs users looking to redesign their homes or