$24 million iced tea company says it’s pivoting to the blockchain, and its stock jumps more than 200%

Farmingdale, New York-based beverage maker Long Island Iced Tea says it's changing its name to "Long Blockchain Corp." as it shifts its focus to investing in the technology behind bitcoin Shares soar 200 percent, although the company says it's only in the "preliminary stages" of evaluating potential business opportunities in blockchain The company said it's … Continue reading $24 million iced tea company says it’s pivoting to the blockchain, and its stock jumps more than 200%

Tesla largely responsible for slide in US home solar sales: Report

After years of double-digit growth, home solar installations in the United States are poised to fall for the first time this year, according to a report released on Thursday by GTM Research The reason? An analysis of installation data suggests that most of the slowdown is traceable to a single company: Tesla, which acquired sister … Continue reading Tesla largely responsible for slide in US home solar sales: Report

Fall in employment rate spells end of UK jobs boom

Official figures reveal drop in number of people in work and pay rises lagging behind inflation   Evidence that Britain’s long jobs boom has come to an end has emerged after official figures showed the number of people in work fell by 56,000 in the three months ending in October. After an upswing stretching to … Continue reading Fall in employment rate spells end of UK jobs boom

Text alert: the ‘bank’ message that cost a student £5,400 of her loan money

Fraudsters have found a new way to target young people, with some losing all their funds in the first few weeks of term Fraudsters can text customers ‘as the bank’ by disguising the number the text is sent from   When Alison Dean received a text from her bank, the Co-operative, asking whether she had … Continue reading Text alert: the ‘bank’ message that cost a student £5,400 of her loan money

Uber’s licence suspended in British city of Sheffield

The firm can continue to operate until Dec. 18 and if it chooses to appeal the suspension, it can still run until that appeal is heard, Sheffield City Council said Next week, Uber will head to court in London to defend its right to operate in the capital, its most important European market    Uber's … Continue reading Uber’s licence suspended in British city of Sheffield