Archive for the 'Economy' Category

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‘Wright Brothers Moment for Space’

March 24th, 2017

Via: Bloomberg: If the rocket Elon Musk’s SpaceX expects to launch next week looks familiar, that’s because it is. The Falcon 9 rocket slated to take off from Kennedy Space Center in Cape Canaveral, Florida, has flown before, marking the first time Space Exploration Technologies Corp. will refly one of the 14-story-tall boosters it recovered […]

Sears: Going Concern Warning

March 22nd, 2017

Via: Bloomberg: Sears Holdings Corp. suffered its worst stock decline in six weeks after acknowledging “substantial doubt” about its future, raising fresh concerns about whether a company that was once the world’s largest retailer can survive. Sears added so-called going-concern language to its latest annual report filing, suggesting that weak earnings have cast a pall […]

One-Third of Americans Would Have Trouble Coming Up with $2,000 for an Emergency

March 22nd, 2017

Via: MarketWatch: About a third of consumers say they would have trouble coming up with an emergency $2,000, according to a new study released Monday. The New York Fed, as part of its survey of consumer expectations, has begun releasing the answers to questions about financial fragility. The study found around 67% said they were […]

Has Lithium-Battery Genius John Goodenough Done it Again? Colleagues Are Skeptical

March 21st, 2017

Via: Quartz: Researchers have struggled for decades to safely use powerful—but flammable—lithium metal in a battery. Now John Goodenough, the 94-year-old father of the lithium-ion battery, is claiming a novel solution as a blockbuster advance. If it proves out, the invention could allow electric cars to compete with conventional vehicles on sticker price. The improbable […]

People Dropping Out of Reality to Spend Their Time in Video Games

March 20th, 2017

I’ve seen this over on Twitch.tv. I watch a guy who streams a game I play. He’s 25. The only job he ever had was applying window tint to cars at his aunt’s business. Now, he and his brother live in a flop house in Long Beach and stream video games on Twitch at all […]

BMW Says Self-Driving Car to Be Level 5 Capable by 2021

March 17th, 2017

Via: Reuters: German carmaker BMW (BMWG.DE) is on track to deliver a self-driving car by 2021, the company’s senior vice president for Autonomous Driving, Elmar Frickenstein, said on Thursday. “We are on the way to deliver a car in 2021 with level 3, 4 and 5,” Frickenstein told a panel discussion in Berlin, explaining the […]

The Entrepreneur with the $100 Million Plan to Link Brains to Computers

March 17th, 2017

Via: MIT Technology Review: Entrepreneur Bryan Johnson says he wanted to become very rich in order to do something great for humankind. Last year Johnson, founder of the online payments company Braintree, starting making news when he threw $100 million behind Kernel, a startup he founded to enhance human intelligence by developing brain implants capable […]

Facing Bread Shortage, Venezuela Arrests Bakers

March 17th, 2017

Via: Miami Herald: Facing a bread shortage that is spawning massive lines and souring the national mood, the Venezuelan government is responding this week by detaining bakers and seizing establishments. In a press release, the National Superintendent for the Defense of Socioeconomic Rights said it had charged four people and temporarily seized two bakeries as […]

Toy Drone Shot Down with Patriot Missile

March 15th, 2017

Raytheon doesn’t mind. Meanwhile, in France: French Military Trains Eagles to Hunt Drones Via: BBC: A Patriot missile – usually priced at about $3m (£2.5m) – was used to shoot down a small quadcopter drone, according to a US general. The strike was made by a US ally, Gen David Perkins told a military symposium. […]

Seeking Adventure And Gold? Crack This Poem And Head Outdoors

March 15th, 2017

This is a bit like, Ready Player One, but outdoors. Well, assuming that there is a chest of gold out there… Just buy Forrest Fenn’s books to read the clues. *wink* On a more ominous note, I hope the guy is aware of rubber hose cryptanalysis! It’s probably best to wait until you kick the […]

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