Virtual Reality, Driverless Cars To Grow in 2016
Virtual reality, connected cars, e-sports, the on-demand economy — all are becoming important elements in the economy, and all are poised for rapid growth in 2016 — along with some challenges. And then there’s Snapchat Inc., based in Venice, Calif., and one of the most highly valued companies currently competing in the latest venture-capital-juiced start-up cycle, which many believe is way overheated. Snapchat The popular disappearing...
Sugar Prices Projected to Rise Because of El Nino
New York — After four bitter years, sugar mills can look forward to sweeter prospects in 2016. Prices have rebounded 52 percent since reaching a seven-year low in August. Raw-sugar futures traded in New York are heading for a 6 percent gain for the year, their first annual advance since 2010. The market has finally swung to a supply deficit after years of surpluses. And the commodity will keep rising through the first quarter of next...
