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Business/Economy (News/Activism)

Brevity: Headers | « Text »
  • South Korea Vying with China as New Benefactor for Philippines

    11/20/2017 1:57:32 PM PST · by 2ndDivisionVet · 3 replies
    Voice of America ^ | November 20, 2017 | Ralph Jennings
    MANILA, PHILIPPINES — South Korea is vying with China to help develop the Philippines, as the aid recipient’s president crafts a multi-country foreign policy with no clear favorite. South Korean President Moon Jae-in told counterparts from the Philippines, as well as nine other Southeast Asian countries at regional summits last week, that Seoul was “the best partner to share the experience” of economic growth. South Korea, he said, can aid the others in high-tech, railways, clean energy and water management. The Philippines stands near the front of the line for that assistance, analysts say. China pledged $24 billion in aid...
  • The Twitter Gestapo [video only]

    11/20/2017 1:54:15 PM PST · by servo1969 · 5 replies Thinkery ^ | 11-18-2017 | Sargon of Akkad
    Ein volk, ein tweet, ein Jack.
  • AT&T to Face U.S. Antitrust Lawsuit Over Time Warner

    11/20/2017 1:49:08 PM PST · by upchuck · 8 replies
    Bloomberg | Nov 20, 2017 | Sara Forden and David McLaughlin
    Bloomberg, here's the link.
  • Apple Takes Aim at Trump in Australian Interview

    11/20/2017 1:28:45 PM PST · by Hojczyk · 18 replies
    NTK ^ | November 20,2017 | NTK Staff
    Obama official attacked the Trump administration in an interview with an Australian news outlet. Lisa Jackson, Apple’s vice president of environment, policy and social initiatives, blasted President Trump and his administration in a recent interview with Jackson told the overseas outlet that it was hard to watch Trump’s presidency after years of working for President Obama at the Environmental Protection Agency (EPA). Ms Jackson is clearly troubled by the political direction of her country. “I think our leadership — American leadership in the world — remains important and will be missed,” she said. According to the Australian outlet, Jackson...
  • Economist Magazine: Surging Economy Under Trump Only Due to 'Fortunate Timing'

    11/20/2017 12:36:05 PM PST · by PJ-Comix · 35 replies
    Newsbusters ^ | November 20, 2017 | P.J. Gladnick
    The American economy is doing great as reflected in the fact that blue collar wages are surging. However, please don't give President Donald Trump any credit for this. He is merely the passive recipient of "fortunate timing." That is the theme of the November 14 story in The Economist that can't even get around to giving Trump even begrudging credit for the economic growth that has taken place since he entered office. This is probably due to the extreme antipathy demonstrated by The Economist towards Trump as was illustrated by their cover featuring him throwing a Molotov cocktail soon after his inauguration....
  • Again, China Doesn’t Want War With the US

    11/20/2017 12:21:31 PM PST · by 2ndDivisionVet · 11 replies
    The Diplomat ^ | November 20, 2017 | Charlotte Gao
    On November 14 — days after U.S. President Donald Trump’s trip to Beijing — the Center for Strategic and International Studies (CSIS), one of the most prominent U.S. think tanks based in Washington D.C., held a debate on the proposition of “a growing risk of war between the U.S. and China.” Graham Allison (a Harvard University professor and author of the book Destined for War: Can America and China Escape Thucydides’s Trap?) was for the proposition and Evan Medeiros (managing director for Asia of Eurasia Group) was against it. When the debate ended, 51 percent of the audience voted their...
  • Arctic climate change being felt farther south, scientists say

    11/20/2017 11:44:02 AM PST · by Oldeconomybuyer · 34 replies
    CBC News ^ | November 20, 2017 | The Canadian Press
    An international summary of five year's worth of research on Arctic climate change concludes the top of the world is getting warmer faster than anyone thought. And if it all sounds interesting but a little far removed from southern concerns, David Barber has news for you. "There are very clear linkages there and they've been occurring consistently for the last 10, 15 years," said Barber, one of Canada's top ice scientists and a prominent contributor to the report. "Most people don't understand how bad it is." Climate change in the Arctic is well underway and can't be stopped. But the...
  • Rape in the storage room, Why is the restaurant industry so terrible for women?

    11/20/2017 8:30:26 AM PST · by allenja · 54 replies
    Washington post ^ | 17/11/2017 | Maura Judkis
    If you’re a woman, what makes a restaurant dangerous isn’t the sharp knives or the hot griddle: It’s an isolated area of the kitchen, like the dry storage pantry. That’s where Miranda Rosenfelt, 31, then a cook at Jackie’s restaurant in Silver Spring, was headed one day seven years ago to help out with inventory, at the request of one of her direct supervisors, who she says had been harassing her for months. When she walked into the narrow basement room, far from the bustle of the kitchen, she turned around to find him “standing there with his pants on...
  • The Climate Crisis? It’s Capitalism, Stupid

    11/20/2017 6:59:24 AM PST · by Oldeconomybuyer · 35 replies
    New York Times ^ | November 20, 2017 | by Benjamin Y. Fong
    Even casual readers of the news know that the earth is probably going to look very different in 2100, and not in a good way. [snip] The real culprit of the climate crisis is not any particular form of consumption, production or regulation but rather the very way in which we globally produce, which is for profit rather than for sustainability. So long as this order is in place, the crisis will continue and, given its progressive nature, worsen. This is a hard fact to confront. But averting our eyes from a seemingly intractable problem does not make it any...
  • First Oil Refinery To Open In 40 Years Breaks Ground In West Texas

    11/20/2017 6:46:22 AM PST · by mandaladon · 43 replies
    OANN ^ | 20 Nov 2017
    The first oil refinery to open in the U.S. in 40 years breaks ground in west Texas. The MMEX Resources Corporation’s $50 million project is set to be built in Pecos County. The area holds a significant crude oil supply, and is also railroad accessible. It will be developed in two phases, and is expected to create hundreds of jobs. Once it is completed, the 126 acre refinery will be able to process 10,000 barrels of crude oil each day. Meanwhile, officials plan to file permits for a second unit that would be able to produce 100,000 barrels. The first...
  • Fresno State prof says he did nothing wrong, won’t ‘pay a dime’ for erasing anti-abortion messages

    11/20/2017 5:56:52 AM PST · by ptsal · 34 replies
    Fresno Bee ^ | Nov 10, 2017 | Mackenzie Mays
    A Fresno State professor sued by students after interfering with their anti-abortion messages on campus says he did nothing wrong – and didn’t pay $17,000 in a settlement despite an announcement made by Alliance Defending Freedom on Thursday. “I admitted absolutely no wrongdoing, and I did not have to pay a dime,” public health professor Greg Thatcher said Friday. The costs were covered by his insurance company through the National Education Association, he said.
  • How Trophy Hunting Can Save Lions

    11/20/2017 3:59:15 AM PST · by marktwain · 62 replies ^ | 7 August, 2015 | Terry Anderson, Shown Regan
    Originally appeared in the Wall Street Journal on August 7, 2015.An American hunter’s killing of a beloved lion named Cecil in Zimbabwe last month was enough to fuel widespread outrage. But the details of the hunt are even more damning: The lion was allegedly lured out of a national park and then killed illegally.Unfortunately, this one sorry episode is tarnishing the role that well-managed, legal hunting can play in promoting wildlife conservation. Cecil’s death has inspired passionate calls to ban trophy hunting throughout Africa. Three U.S. airlines have announced that they will no longer transport lions and other big-game African...
  • How a half-educated tech elite delivered us into chaos

    11/19/2017 9:37:09 PM PST · by poinq · 52 replies
    The Guardian ^ | 11/19/2017 | John Naughton
    ne of the biggest puzzles about our current predicament with fake news and the weaponisation of social media is why the folks who built this technology are so taken aback by what has happened. Exhibit A is the founder of Facebook, Mark Zuckerberg, whose political education I recently chronicled. But he’s not alone. In fact I’d say he is quite representative of many of the biggest movers and shakers in the tech world. We have a burgeoning genre of “OMG, what have we done?” angst coming from former Facebook and Google employees who have begun to realise that the cool...
  • How To Save the Elephants? Buy Ivory, Shoot Them

    11/19/2017 6:54:18 PM PST · by marktwain · 34 replies ^ | June 8, 2011 | Professor Mark J. Perry
    In the 1970s, Kenya had about six times as many elephants as Zimbabwe, and today Zimbabwe has three times more elephants than Kenya (see chart).  What happened that caused the dramatic reversal in elephant populations in the two African countries?  Terry Anderson and Shawn Regan of the Property and Environment Research Center (PERC) explain in their excellent article "Shoot an Elephant, Save a Community": "Anti-hunting groups succeeded in getting Kenya to ban all hunting in 1977. Since then, its population of large wild animals has declined between 60 and 70 percent. The country’s elephant population declined from 167,000 in...
  • President Trump [Does] the Impossible: Reduces Debt to GDP Ratio by 1% His 1st Year in Office

    11/19/2017 4:59:03 PM PST · by upchuck · 43 replies
    GP ^ | Nov 19(?), 2017 | Joe Hoft
    President Trump’s policies have decreased the Debt to GDP ratio by 1% while at the same time the Atlanta Fed announced yesterday that the 4th Quarter GDP estimates have increased by 0.2% to 3.4%. Since his inauguration President Trump has focused his efforts on the security of the country and on the prosperity of its economy. The results of his actions are taking shape.The US GDP has increased each quarter in 2017 with the 3rd Quarter GDP increasing to $19.496 trillion – the highest GDP for any country in world history.On the other hand, the President has curtailed US spending....
  • During Live CNN Report in Alabama, Person Shouts ‘Fake News’

    11/19/2017 6:09:22 PM PST · by TigerClaws · 9 replies
    Sunday on “CNN Newsroom” during a live report from Alabama, a person shouted “fake news” at reporter Nick Valencia while he was live on site covering the state’s U.S. Senate race. Off camera you can hear the person shouting, “Fake news, fake news fake news — all of you are conspiring against Roy Moore.”
  • Strong economy boosts Trump among otherwise skeptical voters

    11/19/2017 5:52:05 PM PST · by 2ndDivisionVet · 19 replies
    The Los Angeles Times ^ | November 19, 2017 | David Lauter
    In 2016, the U.S. economy served as a punching bag for then-candidate Donald Trump. Today, it has become a lifeline for an otherwise embattled presidency. Trump has increasingly grabbed for that line, touting low unemployment, record high stock market values and healthy economic growth rates in speeches and his ubiquitous tweets. Reactions from voters, even some who are otherwise skeptical of the president, show how the economy's strong performance has bolstered Trump's standing. At a recent focus group that Peter Hart, a longtime Democratic pollster, conducted in Wilmington, N.C., for Emory University, even participants who voted for Trump last year...
  • UC Berkeley professor's eerie lethal drone video goes viral

    11/19/2017 5:49:52 PM PST · by TigerClaws · 44 replies
    UC Berkeley professor Stuart Russell and the Future of Life Institute have created an eerie viral video titled "Slaughterbots" that depicts a future in which humans develop small, hand-sized drones that are programmed to identify and eliminate designated targets. In the video above, the technology is initially developed with the intention of combating crime and terrorism, but the drones are taken over by an unknown forces who use the powerful weapons to murder a group of senators and college students. The video does contain some graphic content, and was originally uploaded to YouTube. Russell, an expert on artificial intelligence, appears...
  • OPINION Why no one is talking about Trump’s game-changing deal

    11/19/2017 5:42:52 PM PST · by Hojczyk · 17 replies
    NY Post ^ | November 16,2018 | Salena Zito
    Glen Dale, W. Va. — Bad news travels fast. Good news, meanwhile, doesn’t seem to travel at all. Last weekend in Beijing, as part of his 12-day trip to Asia, President Trump announced that the US and China had signed an $83.7 billion memorandum of understanding to create a number of petrochemical projects in West Virginia over the next 20 years. If the agreement holds tight, it is an economic game changer for the state. And yet, speaking to the locals here, you wouldn’t even know it had happened. “I am surprised I heard nothing about it on the national...
  • Marshawn Lynch only stands for Mexican national anthem

    11/19/2017 4:06:31 PM PST · by TigerClaws · 45 replies
    Raiders running back Marshawn Lynch sat during most of U.S. anthem and stood for the Mexican anthem before their game against the Patriots at Azteca Stadium in Mexico City. Lynch has not stood for the national anthem since returning from retirement this season. There did not appear to be any other protests during the anthem as the afternoon games kicked off. Five NFL players protested during the national anthems before early games. The Dolphins’ Kenny Stills, Julius Thomas and Michael Thomas took a knee before their game against Tampa Bay. Giants defensive lineman Olivier Vernon took a knee, as he...