Archive for the 'Economy' Category
Intel to Cut 11% of Workforce
April 19th, 2016Via: Bloomberg: Intel Corp. will eliminate 12,000 jobs, or 11 percent of its workforce, embarking on the deepest cutbacks in a decade to gird for a fifth year of declines in the personal-computer market. The world’s biggest maker of semiconductors said it’s shifting focus to higher-growth areas, such as chips for data center machines and […]
Life-Expectancy Inequality Grows in America
April 19th, 2016Via: The New Yorker: There may be no better way to appreciate humanity’s growing prosperity than to consider how long we live. A child born in 1900—little more than a century ago—was likely, on average, to die by the age of thirty. Today, according to the World Bank, the comparable figure is seventy-one. That is […]
Earth-Insulated, Shipping Container, Underground Home
April 18th, 2016Book: Off Grid and Underground: A Simpler Way to Live Paperback by Steve Rees Via: Kirsten Dirksen:
Children of Sydney’s Business and Political Elite Attend School That Bans Screens in Classrooms
April 18th, 2016Via: The Australian: A top Australian school has banned laptops in class, warning that technology “distracts’’ from old-school quality teaching. The headmaster of Sydney Grammar School, John Vallance, yesterday described the billions of dollars spent on computers in Australian schools over the past seven years as a “scandalous waste of money’’. “I’ve seen so many […]
Substituting Vegetable Oils for Butter Increases Risk of Death
April 18th, 2016Via: Medical Xpress: A research team led by scientists at the UNC School of Medicine and the National Institutes of Health has unearthed more evidence that casts doubt on the traditional “heart healthy” practice of replacing butter and other saturated fats with corn oil and other vegetable oils high in linoleic acid. The findings, reported […]
Here Come the Unregulated GMOs
April 18th, 2016Via: MIT Technology Review: People are arguing about whether genetically modified foods should carry labels. But the next generation of GMOs might not only be unlabeled—they might be unregulated. Over at Scientific American you can read a 6,000-word story about how one such plant, a GM mushroom, was created. The short version is that a […]
Norway’s $860 Billion Fund Drops 52 Companies Linked to Coal
April 17th, 2016Via: Bloomberg: Norway’s $860 billion sovereign wealth fund unveiled the first list of miners and power producers to be excluded from its portfolio following a ban on coal investments. The 52 companies being barred include American Electric Power Co. Inc., China Shenhua Energy Co. Ltd., Whitehaven Coal Ltd., Tata Power Co. and Peabody Energy Corp., […]
Saudis Threaten to Sell $750 Billion in U.S. Treasuries Over 9/11 Bill
April 17th, 2016The word, “Bush” doesn’t appear in this piece even once. And what is Marvin up to these days? Via: New York Times: Saudi Arabia has told the Obama administration and members of Congress that it will sell off hundreds of billions of dollars’ worth of American assets held by the kingdom if Congress passes a […]
Japan: Toyota Halts Vehicle Production Due to Supply Disruptions After Earthquakes
April 17th, 2016Via: Reuters: Toyota Motor Corp , the world’s biggest-selling automaker, said on Sunday it would suspend much of its production at plants across Japan this week after earthquakes in the country’s south led to a shortage of parts, while some other manufacturers extended stoppages due to damage to factories. The earthquakes on Thursday and Saturday, […]
World’s Biggest Oil Producers Meet to Discuss Possible Freeze on Production
April 17th, 2016Via: Guardian: The world’s biggest oil producers will huddle in Doha on Sunday in a rare off-scheduled meeting where discussion about what they can do to staunch the continued global surplus of crude oil that’s weighed on prices for nearly two years. Hopes that members in the Organization of Petroleum Exporting Countries cartel and non-Opec […]
