Archive for the 'Economy' Category
Text of the Trans-Pacific Partnership
November 5th, 2015Via: New Zealand Ministry of Foreign Affairs and Trade: The text of the TPP was released by TPP Parties on 5 November 2015 and can be accessed by Chapter below.
Recovery: Target Is Closing Even More Stores
November 4th, 2015Via: Money: Minneapolis-headquartered retailer Target is having a rough go of it. Following months of layoffs and a bungled Canadian expansion—and two years after a massive customer credit card data breach—the company has decided to close 13 stores, including locations in Austin, Texas; Columbus, Ohio; Louisville, Kentucky; and Milwaukee, Wisconsin. This follows another 11 store […]
Vatican Inspectors Suspect Key Office Was Used for Money Laundering
November 4th, 2015Via: Reuters: Vatican financial investigators suspect a department of the Holy See which oversees real estate and investments was used in the past for possible money laundering, insider trading and market manipulation, according to a report seen by Reuters. The information in the confidential document, which covers the period from 2000 to 2011, has been […]
More Americans Than Ever Use Prescription Drugs
November 4th, 2015Via: NBC: More Americans than ever are taking prescription drugs — close to 60 percent of U.S. adults, according to new research. And most seem to be related to obesity, with cholesterol and blood pressure drugs leading the pack, researchers report in the Journal of the American Medical Association. The single most popular drug is […]
Britain: Young People Suffering Their ‘Worst Economic Prospects for Several Generations’
November 2nd, 2015Via: Independent: Young people are suffering the “worst economic prospects for several generations” as a worrying age inequality gap is opening up in Britain, according to a major state-of-the-nation report. In its biggest review yet of equality across the country, the Equality and Human Rights Commission (EHRC) identified the winners and losers in modern Britain. […]
Finland Drawing Up Plans for Citizens’ Basic Income Model
November 2nd, 2015Via: YLE: The Finnish Social Insurance Institution is to begin drawing up plans for a citizens’ basic income model. The preparation’s director Olli Kangas says that full-fledged basic income would net Finns some 800 euros a month.
Northrop Grumman Wins Long Range Strike Bomber Contract
October 27th, 2015Via: Washington Post: Northrop Grumman on Tuesday won the Pentagon contract to build a fleet of stealthy planes known as the Long Range Strike Bomber, a new generation of aircraft designed to reach deep into enemy territory. Northrop beat out a team of Boeing and Lockheed Martin in the high-stakes competition for a project likely […]
Bill Would Give Legal Protection to Firms that Share Data with Government
October 27th, 2015Via: Washington Post: The Senate on Tuesday passed a cybersecurity bill that would give companies legal immunity for sharing data with the federal government, over the protests of some lawmakers and consumer advocates who say that the legislation does not adequately protect Americans’ privacy. The Cybersecurity Information Sharing Act, or CISA, must now be reconciled […]
Standardized Testing Mess in U.S. Public Schools
October 27th, 2015Via: Washington Post: The number of standardized tests U.S. public school students take has exploded in the past decade, with most schools requiring too many tests of dubious value, according to the first comprehensive survey of the nation’s largest districts. A typical student takes 112 mandated standardized tests between pre-kindergarten classes and 12th grade, a […]
Google Employee Living in a Truck in the Company Parking Lot Is Saving 90% of His Income
October 27th, 2015Via: Business Insider: A 23-year-old software engineer at Google is saving about 90% of his take-home pay. When your only fixed living cost is truck insurance, you can save a large chunk of your income. One San Francisco-based Google employee in this exact situation, who lives in a 128-square-foot truck in the company’s parking lot, […]
