CHRISTOPHER REYES BUSINESS EDITOR @cdrey Uber is receiving a lot of criticism for the rates it charged on Halloween. Users complained about paying three times the normal rate or more as they made their way home after a night of celebrating. Many people feel that Uber has taken advantage of […]
Read moreDYLAN BROCKMEYER ASST. BUSINESS EDITOR @dbrock08 Time Warner chief executive Jeff Bewkes announced at a conference in September that the popular streaming app HBO GO is no longer exclusive to cable subscribers. Other cable companies like Comcast, Verizon and AT&T are jumping on the bandwagon as well. By allowing their […]
Read moreCHRISTOPHER REYES BUSINESS EDITOR @cdrey After three weeks of significant market losses, this week was a welcome turn in the markets. The S&P 500 posted its best weekly gain in two years in response to positive earnings announcements and improving investor sentiment, recovering nearly all of the 8 percent lost […]
Read moreRachel Truong CONTRIBUTOR On October 20th, Apple launched new software that has been advertised as a new way to pay. The system, Apple Pay, is designed to ease the payment process in both participating stores and apps by offering a simple, secure way for a user to store their credit […]
Read moreCHRISTOPHER REYES BUSINESS EDITOR @cdrey Everyone knows that going to college leads to higher salaries. But just how much does it earn you? This is a question that has plagued me as I amass student debt over four years here at the University of San Diego, a school not typically […]
Read moreCHRISTOPHER REYES BUSINESS EDITOR @cdrey In his No. 1 New York Times best-seller “Zero to One,” Peter Thiel, a famous venture capitalist, hedge fund manager and entrepreneur, offers his perspective on the future of innovation in America. Thiel explains that progress does not only come from computers and Silicon Valley. […]
Read moreCHRISTOPHER REYES BUSINESS EDITOR @cdrey Stocks ended low on the week despite a rally on Friday. Stocks sharply declined early in the week, sending major indices to levels last seen in the summer. This represents a nearly 10 percent drop in the S&P 500. Drops of 10 percent or more […]
Read moreDYLAN BROCKMEYER ASST. BUSINESS EDITOR @dbrock08 The photo-sharing app Tappy is on the rise at University of San Diego. Tappy is similar to Instagram and Snapchat stories, allowing a user to take a photo with the high-definition quality trademark of Instagram and post it in Tappy; after 24 hours the […]
Read moreCHRISTOPHER REYES BUSINESS EDITOR @cdrey If you think your week has been rough, just know that it could be worse. Warren Buffett, hailed as an investment genius, lost about $2 billion in two days. That is how much Steve Ballmer just paid for the L.A. Clippers. It is safe to […]
Read moreCHRISTOPHER REYES BUSINESS EDITOR @cdrey Richard Branson has built his $5 billion fortune over 40 years of taking on challenges that most would consider impossible. As the founder of Virgin Group, a conglomerate of over 400 companies, he has established a record company, an airline, a renewable energy investment group […]
Read more