Silicon Valley argues that Wall Street focuses too much on near-term profits — but investors have embraced money-losing biotech IPOs.Marketsread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
More tit-for-tat tariffs in the U.S.-China trade war could set the global economy up for a recession, according to Morgan Stanley.Marketsread more
A sell-off in chip stocks intensified following a report that chipmakers are cutting ties with Huawei after the Trump administration's ban.Marketsread more
A series of tweets Monday marked the latest chapter in Trump's decadeslong effort to refute published reports that his previous financial problems have rendered him an...Politicsread more
President Trump stands a chance of creating a new economic world order in his China trade fight, says the chief economic advisor of Allianz.Economyread more
Sens. Mitch McConnell and Tim Kaine introduced a bill Monday that would raise the minimum age to buy tobacco to 21 in hopes of curbing what regulators are calling an...Health and Scienceread more
McGahn is cited more than any other witness in special counsel Robert Mueller's 448-page Russia report.Politicsread more
Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2...Autosread more
Despite high criticism from fans, the final episode of "Game of Thrones" shattered single-night viewing records Sunday, with 19.3 million tuning in to watch the finale.Entertainmentread more
Construction workers in Sacramento, Calif., have a new kind of boss: A drone. Unmanned flying cameras help managers watch out for issues that might slow progress of the new Kings Stadium, according to MIT Technology Review.
Drones fly around the structure once per day, creating a 3-D image of the building that managers at Turner Construction can compare to renderings of architectural plans. The goal is to show managers where the project might be falling behind schedule.
Turner Construction spokesman Christopher McFadden said the drones have not created any privacy issues, since they do not fly close enough to individual employees. Rather, the flyover gives a faster, more accurate view of issues that managers might normally address in a walk-through of a construction site.
"If we see on the footage our steel project is behind, our reaction is going to be the same as we were walking the job," McFadden told CNBC. "We'd call our steel contractors, talk through the issues, get back on schedule, and more accurately plan and work for the days and weeks ahead."
McFadden likened it to a report due for a client at the end of the week: Instead of checking on your progress every few hours or days, your boss can log in and see how many words you've written at any given time.
"We are not monitoring individual workers. We are monitoring the progress on the project generally... a big picture type of angle," he said.
Turner is not alone in looking in to this technology, with other construction companies and agriculture companies using drones to manage large sites, MIT Technology Review said.
Some police forces are looking at the possibility of using drones in their work, The Verge reports. And white collar workers have had their emails and computers monitored by their bosses for quite some time.
While Turner said they aren't monitoring individual workers, researchers are developing a more comprehensive drone system that could see how much time employees spend on each task, MIT Technology Review reports.
For more on the research, read the full story at the MIT Technology Review.
Read More There is now a film festival…for drones