Archive for the 'Economy' Category
Robot Janitors Are Coming to Mop Floors at a Walmart Near You
December 3rd, 2018Via: MSN: Robots are coming to a Walmart Inc. near you, and not just as a gimmick. The world’s largest retailer is rolling out 360 autonomous floor-scrubbing robots in some of its stores in the U.S. by the end of the January, it said in a joint statement with Brain Corp., which makes the machines. […]
China ‘Is the Only One in the Race’ to Make Electric Buses, Taxis and Trucks
December 3rd, 2018“Chinese makers produced 99% of electric buses deployed globally from 2014 to 2017.” Via: Wall Street Journal: A national project to replace millions of gasoline-fueled taxis, buses and trucks with new electric models is boosting China’s ambitions to lead the global shift to battery-powered transportation. Signs of progress can already be found on American, as […]
France: “State of Insurrection” as Fuel Tax Riots Engulf Central Paris
December 1st, 2018There are many images at Daily Mail. Via: Reuters: Rioters ran amok across central Paris on Saturday, torching cars and buildings, looting shops, smashing windows and clashing with police in the worst unrest in more than a decade, posing a dire challenge to Emmanuel Macron’s presidency. The authorities were caught off guard by the escalation […]
Open Thread: Former U.S. President George H.W. Bush Dead at 94
December 1st, 2018Where does one even start? I was going to write, “Christmas comes early to the world,” and leave it at that, but when I saw what the Washington Post had up on the front page, I almost couldn’t believe it. Most people have absolutely no idea what the Bush criminal dynasty has been up to […]
Rivian R1T All-Electric Pickup Truck
November 29th, 2018I’ve mostly stopped posting about future electric vehicles (you can’t even shake a stick at all the announcements), but the Rivian R1T is particularly interesting. Days before the Rivian R1T was officially announced, Elon Musk said that Tesla will be bringing their pickup to market much sooner than previously indicated. It’s easy to see why, […]
Google Pays $1 Billion for Huge Mountain View Business Park
November 26th, 2018“All the better to see you with, my dear.” Via: The Mercury News: In a head-spinning mega-deal, Google has paid $1 billion for a huge Mountain View business park, the Bay Area’s largest real estate purchase this year. It is also the second-largest property purchase in the United States this year, eclipsed only by another […]
GM to Slash Jobs and Production, Cancel Some Car Models
November 26th, 2018Via: Reuters: General Motors Co will cut car production, stop building several low-selling car models, and slash its North American workforce, sources said on Monday, marking its biggest restructuring in North America since its bankruptcy a decade ago. GM plans to halt production at three assembly plants in Canada, in Ohio and Michigan in the […]
Large Riots in France Over New Fuel Taxes
November 24th, 2018Via: Daily Mail: Huge plumes of smoke were seen on one of France’s most iconic streets today, as protesters burned large plywood sheets, chairs and other material in demonstrations against planned fuel hikes. A water cannon and rounds of teargas were also used by riot police against thousands of French ‘Yellow Vest’ fuel protesters in […]
Texas Is About to Create OPEC’s Worst Nightmare
November 24th, 2018Via: Bloomberg: The map lays out OPEC’s nightmare in graphic form. An infestation of dots, thousands of them, represent oil wells in the Permian basin of West Texas and a slice of New Mexico. In less than a decade, U.S. companies have drilled 114,000. Many of them would turn a profit even with crude prices […]
Quantum Computers Put Blockchain Security at Risk
November 20th, 2018Disclosure: I am long Quantum Resistant Ledger (QRL). Via: Nature: By 2025, up to 10% of global gross domestic product is likely to be stored on blockchains. A blockchain is a digital tool that uses cryptography techniques to protect information from unauthorized changes. It lies at the root of the Bitcoin cryptocurrency2. Blockchain-related products are […]
