Archive for the 'Economy' Category

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Trump Outlines ‘America First’ Energy Plan: Coal, Oil, Gas

May 26th, 2016

Disclosure: I sell solar power systems in New Zealand. — Ok. Well. Here we go. Solar and wind are already cheaper in some markets than coal and they are just getting started. Even in a place like New Zealand, with maximum hostility toward solar, the number of installations keep doubling. The same sort of doubling […]

Apple Explores Charging Stations for Electric Vehicles

May 25th, 2016

Via: Reuters: Apple Inc is investigating how to charge electric cars, talking to charging station companies and hiring engineers with expertise in the area, according to people familiar with the matter and a review of LinkedIn profiles. For more than a year, Silicon Valley has been buzzing about Apple’s plan to build an electric car. […]

Foxconn Replaces 60,000 Factory Workers with Robots

May 25th, 2016

Via: BBC: Apple and Samsung supplier Foxconn has reportedly replaced 60,000 factory workers with robots. One factory has “reduced employee strength from 110,000 to 50,000 thanks to the introduction of robots”, a government official told the South China Morning Post. Xu Yulian, head of publicity for the Kunshan region, added: “More companies are likely to […]

Recovery: More People Between Ages 18 and 34 Living with Parents Than Ever

May 24th, 2016

Via: AP: For the first time on record, living with parents is now the most common arrangement for people ages 18 to 34, an analysis of census data by the Pew Research Center has found. And the proportion of older millennials — those ages 25 to 34 — who are living at home has reached […]

Magic 8-Ball Future Crime Predictor Influencing Decisions About Prison Sentences

May 24th, 2016

Via: ProPublica: Scores like this — known as risk assessments — are increasingly common in courtrooms across the nation. They are used to inform decisions about who can be set free at every stage of the criminal justice system, from assigning bond amounts — as is the case in Fort Lauderdale — to even more […]

Robot Ranchers Monitor Animals on Giant Australian Farms

May 24th, 2016

Via: New Scientist: A two-year trial, which starts next month, will train a “farmbot” to herd livestock, keep an eye on their health, and check they have enough pasture to graze on. Sick and injured animals will be identified using thermal and vision sensors that detect changes in body temperature and walking gait, says Salah […]

Cardiologist on Dietary Guidelines Promoting Low-Fat Foods: ‘Perhaps the Biggest Mistake in Modern Medical History, Resulting in Devastating Consequences for Public Health’

May 24th, 2016

And billions of dollars in profits for the ghouls behind the scam. Via: Guardian: Prof David Haslam, chairman of the National Obesity Forum, said: “As a clinician, treating patients all day every day, I quickly realised that guidelines from on high, suggesting high-carbohydrate, low-fat diets were the universal panacea, were deeply flawed. “Current efforts have […]

Price of Corn Flour in Venezuela Soars 900 Percent

May 24th, 2016

Via: AFP: Venezuelans on Tuesday woke up to discover that the government-controlled price of corn flour — used to make corn patty arepas, a staple of local cuisine — has risen 900 percent. The socialist government of President Nicolas Maduro had kept the price of corn flour frozen for 15 months at 19 bolivares a […]

How Technology Hijacks People’s Minds – from a Magician and Google’s Design Ethicist

May 20th, 2016

Via: Medium: Western Culture is built around ideals of individual choice and freedom. Millions of us fiercely defend our right to make “free” choices, while we ignore how we’re manipulated upstream by limited menus we didn’t choose. This is exactly what magicians do. They give people the illusion of free choice while architecting the menu […]

A Third of Cash Is Owned by 5 U.S. Companies

May 20th, 2016

Via: USA Today: The rising cash holdings of U.S. corporations is increasingly in the hands of a few U.S. companies, with just five tech firms having grabbed a third of it. And nearly three-quarters of cash held by non-financial U.S. companies is stashed overseas, outside the long arm of Uncle Sam. Apple (AAPL), Microsoft (MSFT), […]

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