• Uber Is Looking For Another $1.5 Billion In Funding At A $50 Billion Valuation

    Published: Sun, May 10, 2015

    Always. Be. Raising.   On-demand transportation an logistics company Uber could raise another $1.5 billion to $2 billion in funding, adding to an already massive war chest as the company expands into new markets and new verticals around the world.   As reported by the Wall Street Journal and the New York Times, the latest fundraising effort could value the company above $50 billion, which would put it in the same league as Facebook in its last private funding round before going public. The new valuation would also once again make it the most highly valued private company in the world by topping consumer electronics manufacturer Xiaomi, which was valued at $45 billion in its most recent round of funding.

  • Armed Drones Seen as Dogfight-Ready in (Not-Too-Distant) Future

    Published: Sat, May 9, 2015

    As the fighter jet of the future rolls and climbs to outmaneuver an enemy plane and bore in for the kill, one thing will be missing: a pilot. That’s the vision of Northrop Grumman Corp., which is working on an autonomous fighter programmed for aerial combat without human control. Northrop has already refueled its experimental X-47B unmanned combat jet in flight and made takeoffs and landings from an aircraft carrier.

  • Tesla Buys A Company In A State Where It’s Barred From Selling Cars

    Published: Sat, May 9, 2015

    Tesla Motors has acquired Michigan-based Riviera Tool, Tesla confirms. This purchase marks Tesla’s first presence in Michigan, a state where the auto maker is not allowed to sell its vehicles.  “We are excited to have reached a deal with Riviera and have a presence in the state of Michigan and bring additional tool building capabilities in-house,” a Tesla spokesperson said in an email. “This acquisition will help us to build new stamping and plastic parts in a cost-effective manner, support new metal forming technology development, and allow us to increase production as we introduce more models.”

  • Waffle House Tweets Juan Pun On Cinco De Mayo Then Retreats In Fear

    Published: Wed, May 6, 2015

    Waffle House tweeted a “Juan” pun on Tuesday for Cinco de Mayo, then promptly deleted it after prodding from Twitter users who viewed the tweet as offensive. Posted at 9:12 a.m., according to a screengrab captured by Adweek, the Waffle House tweet said “Oh bacon, you are the Juan for me #CincoDeMayo.” By 10:27 a.m., Waffle House had scrubbed the tweet and replaced it with “Oh bacon, you are the one for me! #CincoDeMayo.” By the afternoon, the second tweet had been deleted as well.

  • The Cancer Drug Market Just Hit $100 Billion And Could Jump 50% In Four Years

    Published: Wed, May 6, 2015

    The global market for cancer drugs has hit $100 billion in annual sales, and could reach $147 billion by 2018, according to a new report by the IMS Institute for Healthcare Informatics, a unit of drug data provider IMS Health. This figure does not include discounts or rebates paid to insurers and government programs; IMS says that in the case of cancer drugs, this should not make a big difference the overall figure.

  • The world's first vegan mini-mall. Yeah, you're in Portland

    Published: Wed, May 6, 2015

    Attention all vegan shoppers: You're definitely in the right place. Fish-free "toona"? Check. Sweet potato dog treats? Absolutely. Coconut bacon? Yep. And Bryan Zurek working the check-out stand — a 27-year-old who hasn't used an animal product since 2006, who plays in a punk band and whose right arm is covered with "animal revenge" tattoos. (More about those later.) You're wandering the well-stocked aisles of Food Fight!, a rare, all-vegan grocery store in the middle of what is billed as the world's first vegan mini-mall. In Portland. In Oregon. Of course.

  • Tech leaders remember Dave Goldberg as the great connector

    Published: Wed, May 6, 2015

    PALO ALTO, Calif. — Long after the crowd gathered for Dave Goldberg's memorial service had left the auditorium at Stanford University on Tuesday, says USA Today, one friend of the SurveyMonkey CEO sat in the shade of a pine tree trying to make sense of things. Goldberg's passing Friday due to an accident while exercising in Mexico left his wife, Facebook COO Sheryl Sandberg, and two children without a husband and father and cast a shadow on this perpetually sunny landscape.

  • The 40-hour workweek is on its way out

    Published: Wed, May 6, 2015

    If your ideal job involves clocking in at 9 and heading home at 5, good luck finding it, says Business Insider. According to new research from tax and consulting firm EY, people across the globe are working longer hours than ever before. In a global survey of 9,700 adults between ages 18 and 67, nearly half (46%) of managers around the world reported logging more than 40 hours a week, and 40% said their hours have increased over the past five years.

  • WPX Energy reports $67 million first quarter 2015 profit

    BY CASEY SMITH, Tulsa World | Published: Tue, May 5, 2015

    WPX Energy reported Tuesday a $67 million profit for first quarter 2015, or earnings of 32 cents per diluted share. First-quarter 2015 results mark WPX Energy’s third consecutive quarterly profit and more than triples the $18 million that the Tulsa-based oil and gas company earned during the first quarter of last year. WPX Energy said that its operational and financial focus on margins helped overcome commodity prices that drove product revenues down $220 million, or 42 percent, compared to a year ago. Read the rest of this story at TulsaWorld.com.

  • Putting 'unemployed' on your LinkedIn profile makes you look desperate — here's what to write instead

    Published: Tue, May 5, 2015

    Your LinkedIn professional headline is one of the first things recruiters and hiring managers will see upon scanning your profile — and sometimes it is the only section they will read. When setting up your profile, you may have noticed that it is also required to fill out — so what do you use as your headline if you're unemployed and currently seeking a job?

  • Building work starts on first all-robot manufacturing plant in China’s Dongguan

    Published: Tue, May 5, 2015

    Construction work has begun on the first factory in China’s manufacturing hub of Dongguan to use only robots for production, the official Xinhua news agency reported. A total of 1,000 robots would be introduced at the factory initially, run by Shenzhen Evenwin Precision Technology Co, with the aim of reducing the current workforce of 1,800 by 90 per cent to only about 200, Chen Xingqi, the chairman of the company’s board, was quoted as saying in the report.

  • Daycare worker fired after posting about hating children on Facebook

    Published: Tue, May 5, 2015

    THE COLONY, Texas — A daycare worker from Texas was fired before she even started her first day of work -- all because of what she wrote on Facebook, Pix11 reports. Single mom Kaitlyn Walls said she was happy that she finally found steady work to help pay the bills, but she seemed less excited that the job was at a daycare center.

  • WPX Energy gaining more than $200 million cash by selling Marcellus Shale marketing contracts

    BY ROD WALTON, Tulsa World | Published: Mon, May 4, 2015

    WPX Energy, the Tulsa-based oil and gas producer which is working to trim down to core assets and cut debt, announced Monday it is selling some Marcellus Shale natural gas marketing contracts and pipeline capacity in that region of the eastern U.S. An undisclosed buyer will pay WPX in excess of $200 million cash in the deal. The two parties have signed an agreement and the deal is expected to close in the second quarter. The sale includes long-term natural gas purchase and sales agreements, as well as 135 million British thermal units in daily capacity on the Transco pipeline's Northeast Supply Link project. Read the rest of this story at TulsaWorld.com.

  • Adult entertainment club takes up residence in pastoral setting

    BY RHETT MORGAN, Tulsa World | Published: Mon, May 4, 2015

    CHOUTEAU — Amish and Mennonite country typically reserved for the planting of wheat and cutting of hay is now known for another endeavor. The sowing of wild oats. A seven-day-a-week gentlemen’s club opened a few months ago on U.S. 412 just east of the Roger/Mayes county line. Its presence has made some in this tranquil setting uneasy. Read the rest of this story at TulsaWorld.com.

  • Leaked document: Wal-Mart tells employees of closed stores to avoid caffeine, chocolate, alcohol

    BY ROBERT EVATT, Tulsa World | Published: Fri, May 1, 2015

    Leaked handouts indicate the "plumbing issues" that closed the Admiral Place and Memorial Drive Wal-Mart, along with four others across the nation, did not pose health or safety concerns. The handouts, originally posted on the website Gawker and given to the 2,200 furloughed employees at the time of the stores' sudden closure, also is worried about its employees' health habits. The documents suggest they avoid caffeine, chocolate and alcohol. Gawker said the documents were given to them by the United Food and Commercial Workers International Union, which also operates OUR Walmart, an organization that advocates for improved treatment of Wal-Mart employees. Read the rest of this story at TulsaWorld.com.

  • Texas Popeyes manager fired after robbery seeks $5.5 million

    Published: Thu, Apr 30, 2015

    A pregnant Texas woman fired from her job managing a Houston-area Popeyes restaurant for not returning money taken in a robbery in which she was held at gunpoint is seeking $5.5 million in compensation from her employers, her lawyer said on Thursday. Reuters reports Marissa Holcomb has given Popeyes Louisiana Kitchen and franchise owner Z&H Foods Inc 30 days to respond or face a lawsuit for her suffering, according to the letter sent this week by her lawyer, Marc Bozeman. Officials from the companies did not immediately respond to a request to comment.

  • Chinese builder puts up 57-story skyscraper in 19 days

    Published: Thu, Apr 30, 2015

    A Chinese construction company is claiming to be the world's fastest builder after erecting a 57-story skyscraper in 19 working days in central China, according to The Associated Press. The Broad Sustainable Building Co. put up the rectangular, glass-and-steel Mini Sky City in the Hunan provincial capital of Changsha using a modular method, assembling three floors per day, company vice president Xiao Changgeng said.

  • BOK Financial nets $75 million profit on the strength of record fees and commission

    BY ROD WALTON, Tulsa World | Published: Wed, Apr 29, 2015

    Increased loan growth and a record quarter for fees and commissions drove Tulsa-based BOK Financial Corp. to $74.8 million in net income for the three months ending March 31. Overall net revenue totaled $167.7 million, down $2 million from the fourth quarter of 2014. Company CEO Steven Bradshaw also noted that the mortgage business posted its best quarter in two years and rose 31 percent above the previous three months. "The year is off to an excellent start, with continued double-digit annualized loan growth and a record quarter from our fee-generating businesses, combined with careful expense controls," Bradshaw said in the earnings report released Wednesday morning. Read the rest of this story at TulsaWorld.com.

  • The Best and Worst Fonts to Use on Your Résumé

    Published: Wed, Apr 29, 2015

    A résumé, that piece of paper designed to reflect your best self, is one of the places where people still tend to use typeface to express themselves, says Bloomberg. It does not always go well, according to people who spend a lot of time looking at fonts. Bloomberg asked three typography wonks which typefaces make a curriculum vitae look classiest, which should never, ever be seen by an employer, and whether emojis are fair game.

  • Bud Light apologizes for 'removing no' label

    Published: Wed, Apr 29, 2015

    DENVER – Bud Light is backpedaling after upsetting people with a label saying the beer was perfect for temporarily removing the word "no" from the drinker's vocabulary, evoking concerns about alcohol-fueled rape culture, says USA Today. Anheuser-Busch swiftly apologized Tuesday afternoon as images of the label spread online. The full label reads: "The perfect beer for removing 'no' from your vocabulary for the night." The brewer said it intended the label to be a fun way of invoking the ongoing "Up for Whatever" advertising campaign in which young drinkers say yes to trying new things.