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Business/Economy (News/Activism)

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  • For the first time, researchers say Facebook can cause depression

    11/18/2018 8:41:50 PM PST · by Sub-Driver · 2 replies
    For the first time, researchers say Facebook can cause depression Published: Nov 18, 2018 10:10 a.m. ET By Brett Arends Columnist The findings are published in the December Journal of Social and Clinical Psychology Spending too much time on “social media” sites like Facebook is making people more than just miserable. It may also be making them depressed. A new study conducted by psychologists at the University of Pennsylvania has shown — for the first time — a causal link between time spent on social media and depression and loneliness, the researchers said. It concluded that those who drastically cut...
  • Stalemate at APEC Forum Over U.S.-China Trade Dispute: 'Entire World Is Worried'

    11/18/2018 6:08:15 PM PST · by cba123 · 9 replies
    The NYT ^ | November 18, 2018 | By Damien Cave
    SYDNEY, Australia — The trade dispute between the United States and China has led to a standoff at a summit meeting of Pacific Rim leaders in Papua New Guinea, leaving the gathering of 21 nations without a joint closing statement on Sunday for the first time since the forum was founded. The Asia-Pacific Economic Cooperation, known as APEC, has not ended without a joint statement since 1989, when the forum was established in Australia. Experts said the stalemate would set up a high-stakes showdown at the Group of 20 conference in Argentina this month - which President Xi Jinping of...
  • The Most Important Supreme Court Case You Never Heard Of

    11/18/2018 4:35:18 PM PST · by Neil E. Wright · 17 replies
    Business Insider ^ | August 10, 2011 | Larry M. Elkin
    One Supreme Court case stands behind the Fair Labor Standards Act, the Controlled Substances Act, the Endangered Species Act and the Civil Rights Act. It's been cited in rulings involving hot-button issues such as health care reform and medical marijuana. But chances are you've never heard of it. Despite its wide-reaching influence, hardly anyone outside of legal circles is aware of the 1942 case, Wickard v. Filburn. One man, Gary Marbut of Missoula, Mont., hopes to change that. If Marbut succeeds, we'll also hear about another Supreme Court case: the one that overturns Wickard. ... snip ... The case was...
  • President Trump and the First Lady have Dinner with President of China

    04/06/2017 8:34:03 PM PDT · by mdittmar · 19 replies
    youtube ^ | Apr 6, 2017 | The White House
    President Trump and the First Lady have Dinner with President of China
  • PG&E Faces Historic Financial Liability From California Wildfire

    11/18/2018 7:14:13 AM PST · by rktman · 36 replies ^ | 11/16/2018 | Alan Neuhauser
    California’s electric utility is facing historic financial liability if it’s deemed responsible for a deadly wildfire ravaging Northern California, but a lifeline from the state Friday suggested that it just may be taxpayers who help foot the bill. Pacific Gas and Electric Co. this week disclosed that it had “experienced an outage” and damage to a transmission tower near the origin one of the largest of several fires burning in Northern and Southern California, the Camp Fire. The incident was apparently reported to the utility mere minutes before the blaze started. PG&E’s disclosure, contained in a regulatory filing, sent shockwaves...
  • Theresa May's Brexit deal: everything you need to know

    11/18/2018 5:57:32 AM PST · by iowamark · 6 replies
    The Guardian ^ | Nov 15 2018 | Jon Henley
    Two and a half years after Britain voted to leave the EU, the UK cabinet on Wednesday night backed the text of the draft withdrawal agreement drawn up by British and European negotiators – but with a series of ministerial resignations already on Thursday, the fallout has already begun. Here is a non-exhaustive guide to what the agreement broadly says, which parts of it are proving controversial (and why), how likely the prime minister now is to get it through parliament, and what could happen next. What is the withdrawal agreement? Think of it as the separation agreement between the...
  • PETER HITCHENS: Lets face it...we're a small, debt-ridden country nobody cares about

    11/18/2018 5:55:34 AM PST · by Nextrush · 42 replies ^ | 11/17/2018 | Peter Hitchens
    For far too long we in this country have thought we were richer, more powerful and, in general, better than we actually are. Now we find out the hard truth, exposed in all its gloomy detail by the EU talks. Will we learn the necessary lesson, or will we prefer our precious illusions? I can just remember in the mists of my childhood memory the 1956 Suez crisis, the feeling of panic and humiliation in the air. In that year, too many of us continued to imagine we were more important than we were. The Americans wasted no time in...
  • France Prepares to Get Tough on Firms That Pay Women Less

    11/18/2018 5:55:13 AM PST · by reaganaut1 · 16 replies
    Wall Street Journal ^ | November 18, 2018 | Noemie Bisserbe
    PARIS—France is preparing to fine companies that underpay women, a novel attempt to narrow the gender pay gap. Starting on Jan. 1, firms will be required under a new law to report how much they pay women compared with men, using a range of government-approved metrics. Companies with pay gaps will have three years to fix them or face a fine of up to 1% of their total payroll. The idea of policing pay equity is an unusually strict approach, even among countries that have turned up pressure on firms to bridge the divide. Over the past decade, the U.S....
  • Xi Jinping, Mike Pence trade barbs over trade war at Apec summit (trunc)

    11/18/2018 4:21:20 AM PST · by be-baw · 3 replies
    South China Morning Post ^ | November 17, 2018 | Kinling Lo, Lee Jeong-ho, Bhavan Jaipragas
    Full Title: Xi Jinping, Mike Pence trade barbs over trade war at Apec summit while selling visions for regional cooperation Protectionism solves nothing, confrontation produces no winners, Chinese president tells assembled leaders China has taken advantage of America ‘for many, many years and those days are over’, US vice-president says Chinese President Xi Jinping and US Vice-President Mike Pence traded barbs at the Asia-Pacific Economic Cooperation summit in Papua New Guinea on Saturday, with each laying the blame for the trade war and growing geopolitical rivalry at the other’s doorstep, while also seeking to sell their vision of a regional...
  • Generative adversarial network produces a "universal fingerprint" that will unlock many smartphones

    11/18/2018 3:57:10 AM PST · by vannrox · 14 replies
    boingboing ^ | 18NOV18 | editorial staff
    Generative adversarial network produces a "universal fingerprint" that will unlock many smartphones Researchers at NYU and U Michigan have published a paper explaining how they used a pair of machine-learning systems to develop a "universal fingerprint" that can fool the lowest-security fingerprint sensors 76% of the time (it is less effective against higher-security sensors). The researchers used "generative adversarial networks" (GAN) to develop their attack: this technique uses a pair of machine learning systems, a "generator" which tries to fool a "discriminator," to produce a kind of dialectical back-and-forth in that creates fakes that are harder and harder to...
  • Facebook investors call on Mark Zuckerberg to resign as chairman following damaging report

    11/17/2018 6:31:09 PM PST · by bitt · 56 replies ^ | 11/16/2018 | James Cook
    Facebook investors have called on the company’s chief executive Mark Zuckerberg to step down as chairman, following reports that the company hired a public relations firm to smear its critics by drawing links to George Soros. The attack on Mr Zuckerberg is set to complicate the daunting challenge facing Sir Nick Clegg, Facebook's new global head of policy and communications, who joined last month and has been asked to conduct a review of Facebook's use of lobbying firms. Jonas Kron, a senior vice president at Trillium Asset Management, a US investor which owns an £8.5m stake in Facebook, last night...
  • Trump cites ‘total devastation’ in Paradise, pushes plan to thin forests

    11/17/2018 5:30:20 PM PST · by Mariner · 43 replies
    The Sacramento Bee ^ | November 17th, 2018 | By Alexei Koseff And Dale Kasler
    PARADISE - President Donald Trump toured the damage wrought by California’s deadliest wildfire Saturday, visiting the ruins of a mobile home park and pressing his argument that the state’s forests must be managed more aggressively to prevent future disasters. With the death toll from the Camp Fire at 71 and rising, Trump met with Paradise Mayor Jody Jones and toured the charred wreckage of the Skyway Villa Mobile Home and RV Park. They passed a destroyed home where someone had hung an American flag, and picked their way past a downed streetlamp and other debris. Bits of ash floated in...
  • 'It's a ghost page': EPA site's climate change section may be gone for good

    11/02/2018 8:21:49 AM PDT · by Oldeconomybuyer · 24 replies
    The Guardian ^ | November 2, 2018 | by Oliver Milman
    More than a year after the US Environmental Protection Agency took down information on climate change from its website for an “update”, it now seems uncertain whether it will ever reappear. In April last year, the EPA replaced its online climate change section with a holding page that said the content was being updated to “reflect the agency’s new direction under President Donald Trump”. Information previously found at made it clear that human activity was warming the planet, resulting in harm to Americans’ health as well as crucial ecosystems on which humans depend. The “update” page has now given...
  • Romney signals anti-warming push

    11/17/2018 4:31:50 PM PST · by House Atreides · 107 replies
    Ev&bE News ^ | Hannah Northey and Geof Koss
    Utah Sen.-elect Mitt Romney signaled he may focus on climate change when he's sworn in in January. In a brief interview with E&E News yesterday, the former Republican presidential nominee said he sees climate change as a "critical area." ....snip Last year, Romney told college students in St. Louis that he was "concerned about the anti-scientific attitude" expressed by some of his Republican colleagues and that he was convinced humanity has played a part in global warming (Climatewire, Oct. 3). "I happen to believe that there is climate change, and I think humans contribute to it in a substantial way,...
  • Trump tours Paradise area, calls wildfire a ‘really bad one’

    11/17/2018 4:19:04 PM PST · by Mariner · 32 replies
    Associated Press ^ | November 17th, 2018 | By JONATHAN LEMIRE
    PARADISE, Calif. (AP) — From the ashes of a mobile home and RV park, President Donald Trump said Saturday he came to the heart of California’s killer wildfire to fully grasp the scale of the desolation wrought on the landscape. “We’re going to have to work quickly. ... Hopefully this is going to be the last of these because this was a really, really bad one,” said the president, standing amid the crumpled foundations of homes and twisted steel of melted cars. “I think everybody’s seen the light and I don’t think we’ll have this again to this extent,” Trump...
  • Breitbart News Saturday

    11/17/2018 2:14:16 PM PST · by Pelham · 3 replies
    Breitbart on soundcloud ^ | November 17, 2018 | Breitbart interviews
    audio interviews Rep Brian Babin Charlie Spiering Boris Ephsteyn Michael Patrick Leahy John Carney Neil Munro
  • Trump talks about thinning forests as he arrives in Paradise, tours Camp Fire devastation

    11/17/2018 12:33:57 PM PST · by HereInTheHeartland · 68 replies
    "President Donald Trump landed in Northern California Saturday to tour the damage wrought by the state’s worst-ever wildfire, pressing his argument that the state’s forests must be managed more aggressively to prevent future disasters."
  • Jeff Bezos: ‘Amazon Will Fail, Amazon Will Go Bankrupt’

    11/16/2018 5:34:46 PM PST · by E. Pluribus Unum · 71 replies
    Breitbart ^ | 16 Nov 2018 | Charlie Nash
    In a recorded company meeting, Amazon founder and CEO Jeff Bezos declared, “One day Amazon will fail. Amazon will go bankrupt.” “Amazon is not too big to fail… In fact, I predict one day Amazon will fail. Amazon will go bankrupt,” Bezos declared in the internal meeting, according to CNBC. “If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years.” “If we start to focus on ourselves, instead of focusing on our customers, that will be the beginning of the end,” he continued. “We have to try and delay that day for as...
  • Accept EU deal or face 'economic disaster', French minister warns Britain's Brexiteers

    11/16/2018 5:07:13 PM PST · by Olog-hai · 19 replies ^ | 16 November 2018 11:23 CET+01:00 | AFP/The Local
    French Economy Minister Bruno Le Maire said Friday that Brexit advocates must choose between accepting the deal negotiated by London and Brussels for leaving the EU or risk “economic disaster” and blasted “a number of lying politicians in Britain”. “The choice now faced by British political leaders who have advocated Brexit is to renounce their absurd political promise or face economic disaster, with the British people the main victims,” Le Maire said at a Paris forum on reforming the World Trade Organization. “What does Brexit demonstrate? It shows that leaving the common European market has an exorbitant economic cost,” he...
  • After the Retail Apocalypse, Prepare for the Property Tax Meltdown

    11/16/2018 4:48:13 PM PST · by Zhang Fei · 12 replies
    CityLab ^ | Nov 14, 2018 | Laura Bliss
    WEST BEND, WI—Kraig Sadownikow doesn’t look like an anti-corporate crusader. The mayor of West Bend, Wisconsin, stickers his pickup with a “Don’t Tread on Me” snake on the back window, a GOP elephant on the hitch, and the stars-and-stripes logo of his construction company across the bumper. His fiscal conservatism is equally well billboarded: In the two hours we spent at City Hall and cruising West Bend in his plush truck, Sadownikow twice mentioned the 6 percent he has shaved off the Wisconsin city’s operating budget since becoming mayor in 2011, and stressed its efforts to bring more business to...