Archive for the 'Economy' Category
Soros Partners With Mastercard To Hand Out Money To Migrants
November 4th, 2018Via: ZeroHedge: Billionaire investor George Soros has repeatedly denied rumors that he is helping to finance the migrant caravans making their way up from Honduras and Guatemala through Mexico with the ultimate aim of reaching the US. But that’s about to change, as the “Open Society” founder – who famously financed much of the opposition […]
GM Electric Bicycles Unveiled
November 2nd, 2018Tesla might also do an electric bike. Via: Electrek: Today is a big day for car companies jumping on the electric bicycle bandwagon. First Elon Musk dropped a bombshell saying Tesla might build an electric bike, and now GM electric bicycles are on the horizon too. GM gave a surprise announcement this morning where they […]
Migrant Caravan: Trump Suggests Immigrants Could be Shot if They Throw Rocks at Military
November 2nd, 2018Update: Trump Backtracks on Suggestion U.S. Troops Could Fire on Migrants The U.S. could choose from a vast arsenal of nonlethal weaponry (including sonic and directed energy weapons) to use in this situation if necessary. I didn’t understand Trump’s decision to escalate to a lethal response right away. In any event… Via: Reuters: President Donald […]
Japan Moving to Allow Foreign Blue-Collar Workers
November 1st, 2018I guess the nappy changing robots weren’t going to come fast enough. Via: Reuters: Prime Minister Shinzo Abe’s cabinet approved draft legislation on Friday to open the door to more overseas blue-collar workers in sectors grappling with labor shortages, a controversial policy shift in immigration-shy Japan. … Immigration has long been taboo as many Japanese […]
New Migrant Caravan Departs El Salvador for U.S.
October 31st, 2018Via: Reuters: About 2,000 migrants set off on foot from El Salvador’s capital on Wednesday, the latest of several groups of Central Americans heading to the United States, even as U.S. President Donald Trump increased pressure to halt their flow. … Mexico’s Interior Minister Alfonso Navarrete on Wednesday put the size of the first caravan […]
Cummins and Hyundai Building All-Electric Excavator
October 31st, 2018Via: Electrek: Electric propulsion is taking over almost every segment of transportation and now it’s even getting into heavy machinery. Cummins and Hyundai partnered up to make a new small all-electric excavator. They unveiled the prototype this week. D. S. Kim, Senior Executive Vice President & CTO at Hyundai Construction Equipment (HCE) announced the new […]
VW and Ford in Talks on Self-Driving and Electric Vehicles
October 31st, 2018Via: Reuters: Volkswagen AG and Ford Motor Co are in “exploratory talks” to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the matter.
Nearly $6 Billion Belonging To Dead Libyan Dictator Gaddafi Has Gone Missing
October 31st, 2018Via: ZeroHedge: Nearly nine months after Politico first reported that interest payments stemming from nearly $70 billion in frozen assets formerly belonging to the regime of deceased Libyan dictator Muammar Gaddafi had been paid to opaque accounts belonging to the Libyan Investment Authority, UN investigators are finally looking into where the money went. At last […]
More Robots to Hit the Aisles at Schnucks Grocery Stores in St. Louis Area
October 30th, 2018Via: St. Louis Post Dispatch: In at least 15 Schnuck Markets stores, the future is now. Aisle-scanning retail inventory robots, known as Tally, will soon be wheeling around in a growing number of locations as the St. Louis area’s leading grocer expands its partnership with San Francisco firm Simbe Robotics. The robot, which moves around […]
Waymo Autonomous Cars Coming to California
October 30th, 2018Via: Wired: The driverless cars cometh. Waymo just became the first company allowed to test fully self-driving cars—the kind with no carbon-based beings behind the wheel—in the state of California. The outfit that started life as Google’s self-driving car project has been running driver-free cars in Arizona for almost a year, where the state testing […]
