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Investors are betting 3DR can find life after Solo as a drone data platform

An early player in drone-tech, 3D Robotics Inc. , announced that it has raised $53 million in a Series D round of funding on Thursday, including new equity funding and conversion of debt equity. Atlantic Bridge led the round joined by Autodesk Forge Fund, True Ventures, Foundry Group, Mayfield and other undisclosed investors, according to the company statement. The company didn’t break out how much new capital it saw coming in the door versus ... Full story

British consumers' confidence slumps as inflation grows

The survey found people were feeling the pinch now inflation is rising faster than pay. Photograph: Neil Hall/Reuters. Rising inflation is taking its toll on British households, knocking consumer confidence to its lowest level since the aftermath of last summer’s Brexit vote. Pollsters YouGov said worries about job security and living costs pushed its monthly measure of consumer mood down a further 1.5 points to 108 in April, the weakest ... Full story

London rents fall sharply as monthly bill drops across UK

Buy to let signs in London in March 2016, when renters were paying on average £100 more per property. Photograph: Yui Mok/PA. Rents in London have fallen sharply, with new tenants in the capital typically paying almost £100 a month less than their counterparts a year ago, according to a major lettings agency. London has seen a “sharp fall” in rents over the last 12 months, with the average monthly amount paid dropping from £1,297 a year ago to ... Full story

The Keyword ‘This’ for Beginners – Hacker Noon

Understanding the keyword this in JavaScript, and what it is referring to, can be a little complicated at times. Fortunately, there are five general rules that you can use to determine what this is bound to. There are some cases that these rules don’t cover, but this should help you through the vast majority of cases… So, lets get started! - The value of this is usually determined by a functions execution context . Execution context simply ... Full story

Singapore's Jobless Rate at 7-Year High as Builders Cut: Chart

Singapore’s jobless rate rose to the highest level in more than seven years last quarter, reaching 2.3 percent as construction and manufacturing cut thousands of jobs . While unemployment in the city state remains one of the world’s lowest , the central bank said this week subdued external demand, business restructuring, a tighter foreign worker policy and an aging population have lowered labor demand and supply in recent years. A ManpowerGroup ... Full story

French Economic Growth Slows Amid Political Uncertainty

French economic growth slowed at the start of the year as mild weather decreased demand for heating and exports dropped. Full story

Suzlon Sees Wind Auctions Squeezing Margins as Market Grows

Suzlon Energy Ltd ., one of India’s largest wind-turbine makers, says the record-low prices paid for power-purchase contracts through India’s wind-energy auctions will pressure margins at equipment makers but may ultimately benefit by sparking growth in the market. “Due to aggressive auction prices there will be some initial impact on margins for a year but it will unlock a bigger market and I’m very much interested in this opportunity,” Suzlon ... Full story

UBS Clients Return From Sidelines as Wealth Business Surges

UBS Group AG saw clients return from the sidelines in the first quarter, boosting earnings at the wealth management business as clients added 20.5 billion francs ($20.6 billion) of new money. The bank posted an 80 percent increase in net income after better-than-expected results at the wealth-management and investment-banking divisions. Wealth management contributed 639 million francs in pre-tax profit, compared with estimates of 548 million ... Full story

UBS Profit Surges, Beats Forecasts on Wealth-Management Gains

The Swiss banking major’s first-quarter net income of $1.31 billion, beating analysts’ expectations, was buoyed by gains in its investment-banking and wealth-management businesses. Full story

The GOP should ignore the debt consequences and pass the Trump tax cuts

The Trump administration unveiled their proposal to overhaul the tax code on April 26, outlining sharply lower tax rates but fewer tax breaks. (Jenny Starrs/The Washington Post). The Trump administration’s tax plan has sparked a national conversation with the predictable groaning about tax cuts increasing deficits and adding to the national debt. Even if you don’t believe that growth will compensate for lost revenue, it’s possible to think that ... Full story

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