Planning on celebrating the New Year? If you are worried about driving home and plan to take a cab, you'll have plenty of competition. Cab fares soar during the first few hours of a new year, and then come back to normal around 3 a.m.
The giant coffee chain sent a cease-and-desist letter to the owner of Exit 6 Pub and Brewery in Missouri. Starbucks told the pub to stop referring to one of its dark, frothy beers as "the frappicino." Starbucks noted it sounds a lot like its trademarked frozen coffee drink.
The Federal Aviation Administration has picked six states which will get to test unmanned aerial vehicles. The sites will begin testing how to integrate drones into U.S. airspace, sharing the skies with passenger planes.
In the U.S. last month, home foreclosures fell to the lowest level since the mortgage crisis began eight years ago. But in Connecticut, and several other states, foreclosures are still rising dramatically.
Getting a cease-and-desist letter from a big corporation isn't usually the mark of a good day. But after a brewery owner got a letter from a law firm representing Starbucks, he saw a chance to draw distinctions between the businesses — and to be funny.
In Silicon Valley, zero profit and even zero revenue don't make a company a loser. Tech companies like Snapchat and Twitter, which have not yet turned any profit, can be worth billions of dollars based on future potential alone.
Industry officials say they are on course to boost production to as many as 4 million autos annually. That's good news for Mexico but has many in the U.S. worried, especially as Audi gets ready to build a new luxury line plant in Mexico and not in the U.S.
Every year, research firm CB Insights offers up a report on the fastest growing and most highly valued private companies in technology — basically, the ones most likely to go public. Audie Cornish speaks with Anand Sanwal, CB Insights' CEO, for a look at the top tech IPO's expected in 2014.
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