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Canada's far North is terrified of losing Amazon Prime — and residents say it would be like 'pandemonium'

Residents in one of Canada's northernmost cities are terrified of losing Amazon Prime, CBC News reported.

In Iqaluit, the capital of Nunavit territory, Amazon Prime keeps food on the table, according to the CBC. Even accounting for the government subsidy program Nutrition North, everyday household and food items cost drastically more in stores in Canada's northern regions than in their wealthier southern counterparts.

The region's food insecurity problem has become so drastic that one report said it

Elon Musk bought back the website name from his second-ever company, which he left in 2002 (TSLA, PYPL)

Way back in 1999, Elon Musk started, his second-ever company.

It was an online bank that would go on to become PayPal. In 2001, he stepped aside, leaving behind both the company and the domain name. 

Now, over 16 years later, Musk and are back together: PayPal confirms with Business Insider that Elon Musk has repurchased the domain name. The news was first reported by Domain Investing.

"We are delighted to sell the domain back to its previous owner, Elon Musk," says a PayPal spokesperson.

To be clear, he hasn't purchased PayPal, or even a sliver of PayPal. All he purchased was, a highly-desirable single-letter website address, and he can now whatever he wants with it.

A new report suggests a fire risk inside San Francisco's leaning, sinking skyscraper

Millennium Tower, a $350 million skyscraper completed in 2008, has sunk 16 inches and tilted two inches since it opened.

A new report indicates that might not be the worst of it. An outside architecture engineering firm found gaps in the walls of one unit that could present risks in the event of a fire, NBC Bay Area's Investigative Unit reported.

Late in 2016, the building's homeowner association hired firm Allana, Buick and Bers to investigate a unit owned by Paula Pretlow. Pretlow and several other residents complained in the past of "unexplained odors permeating their luxury units," NBC Bay Area reported.

Follow this simple rule if you can't decide whether to buy or lease a new car

Buy or lease? It's the question I get asked most often by people who aren't car experts.

Headed into the summer selling season and with road trips kicking into gear, a lot of folks are probably asking themselves that question right now.

I've offered some convoluted and customized responses in the past, but over the last year or so, I've concluded that you can deal with this inquiry by applying a simple rule.

Here it is: Don't buy a car if all you want is transportation.

Explaining the rule is a bit more complicated. 

Snap sinks to its IPO price (SNAP)
Posted July 10, 2017 3:32 PM
Snap sinks to its IPO price (SNAP)

Snap, the parent company of Snapchat, just hit its IPO price of $17 again.

Snap shares have been bumping around their IPO price ever since closing at that level on June 15. The stock has never fallen below the $17 mark.

Snap debuted at $17 and first began trading at $24. It reached its all-time high of $27.09 on March 3, one day after its IPO. It's now down 37% from there. 

The company is struggling to innovate faster than its competitors. Facebook has been copying features of Snap's core app in the Facebook and Instagram apps.

Snap recently released a map feature that lets users see where their friends are all over the world. Pundits say this could create a synergy with a location-based advertising company Snap bought,

Google built a tiny Street View car to map out one of the world's largest model cities, and the results are incredible (GOOG)

The "Miniatur Wunderland" exhibition, located in Hamburg, Germany, is the world's largest model railway. If you've never seen it before, it's one of the cutest, most detailed miniature models you'll ever see in your life.

To bring new perspective to the massive model railway, Google last year built a miniature version of its Street View car and placed it in the Miniatur Wunderland, capturing footage thanks to tiny mounted cameras. You can actually see all the various worlds within the Miniatur Wunderland on Google Street View.

The results are stunning. Take a look.

Google and mapping software company Unilabs built a tiny Street View car with a tiny mounted camera to capture the sprawling model world. Google also built other ...

JPMORGAN: Here's how to profit from Amazon Prime Day (AMZN, WMT)

Amazon is offering thousands of discounts for its annual Prime Day event starting on Monday evening in the US. 

Like many other things Amazon does, this should unnerve its competitors including Walmart, the no. 1 brick-and-mortar retailer in the US. 

"A successful and well-publicized Prime Day may weigh on shares of Walmart as investors remain sensitive to Amazon’s competitive threat," said Shawn Quigg, an equity derivatives strategist at JP Morgan, in a note on Monday. 

NASA will fly closer to Jupiter's Great Red Spot tonight than ever before — here's what it could see

Jupiter's Great Red Spot is a storm about twice as wide as Earth. Using the Juno spacecraft, NASA will take its closest-ever photos of the giant storm on Monday. Business Insider simulated what the best single-frame image might look like.

Jupiter's Great Red Spot is about twice as wide as Earth and has tumbled in the planet's atmosphere for at least 350 years.

Despite astronomers' long-standing fascination with this tempest, however, it's mysterious: It's hundreds of millions of miles away, and only a handful of spacecraft have taken detailed images of it.

That will change on Monday, when NASA's Juno probe will fly within a cosmic breath of the Great Red Spot and take its closest-ever images of the superstorm. The flyby is expected to occur at around 10:06 p.m.

Juicero's designer defends the $400 juicer: 'I don't grind my coffee with my fists'

To some people, Juicero, a juicer that connects to WiFi and extracts juice out of Juicero-branded packets, is a symbol for what's wrong with Silicon Valley and venture-backed companies.

The device is priced out of reach for most people and solves a problem they don't have, critics say.

But legendary designer Yves Behar doesn't see the problem with the $400 juicer he designed. He likened the kitchen gadget to a coffee grinder and said that customers are "very, very happy" in a recent interview with Dezeen

"I have a machine to grind my coffee," he

Nevada sold out of legal marijuana so quickly that the governor wants to declare a 'statement of emergency'

Less than two weeks after sales of recreational marijuana kicked off in Nevada, stores are running out of pot to sell, according to the state's Department of Taxation.

On Friday, Gov. Brian Sandoval endorsed the department's call for a "statement of emergency," which would allow more dispensaries to become licensed distributors, the Reno Gazette-Journal reported.

Nearly 50 dispensaries in the state have licenses to sell marijuana for recreational use. Those sales got underway on July 1.

But in a legal snafu, those same retailers do not have the authority to restock their inventory.

Alcohol wholesalers have the exclusive rights to move marijuana from growers to retailers in Nevada, as part of a temporary court order that