Archive for the 'Economy' Category
NYSE HALTED
July 8th, 2015[???/Coincidence] “Bizarre: New York Stock Exchange, Wall Street Journal, and United Airlines all downed by technical glitches” — [Related?] United Airlines Ground Stop, “Automation Issue” — Update: BloombergTV Live: DHS and FBI Treating Outage as Internal Technical Issue with NYSE — Update: BloombergTV Live: Orderly Trading Continues on Other Market Systems — Yep. Technical difficulties. […]
Heroin Overdose Deaths in the U.S. Nearly Quadrupled Between 2002 and 2013
July 8th, 2015One more for your herniating Mission Accomplished file folder. Via: Reuters: Heroin overdose deaths in the United States nearly quadrupled between 2002 and 2013, fueled by lower costs as well as increased abuse of prescription opiate painkillers, U.S. health officials said on Tuesday. The report found that heroin use increased by 63 percent from 2002 […]
U.S. Vaccine Researcher Sentenced to Prison for Fraud
July 2nd, 2015Via: Nature: Rare is the scientist who goes to prison on research misconduct charges. But on 1 July, Dong-Pyou Han, a former biomedical scientist at Iowa State University in Ames, was sentenced to 57 months for fabricating and falsifying data in HIV vaccine trials. Han has also been fined US$7.2 million and will be subject […]
Britain: Young People Face ‘Housing Exile’, Cabinet Minister to Warn
July 1st, 2015Via: BBC: Many young people are being “exiled” from the neighbourhoods they grew up in because of a lack of affordable housing, a cabinet minister is to warn. Communities Secretary Greg Clark will tell council leaders it is a “defining test” for any government to provide homes to keep the “chain of community”. Harriet Harman […]
Survey Says: 35 Percent of Americans Would Expatriate
July 1st, 2015Via: CNBC: As the Fourth of July weekend looms and Americans prep their grills and ready their fireworks, some citizens are packing their bags. A recent online poll of more than 2,000 adults by TransferWise, a peer-to-peer money transfer service based in the United Kingdom, revealed that 35 percent of American-born residents and emigrants would […]
California Governor Jerry Brown Signs Mandatory Vaccine Law
July 1st, 2015Via: Time: California Governor Jerry Brown signed a mandatory school vaccination bill into law Tuesday, abolishing the “personal belief” exemption that many parents use as a loophole to avoid vaccinating their children. Now, under California law, which is among the strictest in the country, children would not be able to enroll in public school unless […]
Greece Defaults
June 30th, 2015Via: USA Today: Greece’s midnight deadline passed Tuesday for repaying $1.8 billion to the International Monetary Fund and other international creditors, deepening a financial crisis that threatens the Mediterranean nation’s membership in the European Union. Despite an eleventh-hour effort by Greek lawmakers Tuesday to secure a new two-year debt deal before the deadline, European finance […]
FBI Investigating 11 Attacks on San Francisco-Area Internet Lines
June 30th, 2015Via: USA Today: The FBI is investigating at least 11 physical attacks on high-capacity Internet cables in California’s San Francisco Bay Area dating back a year, including one early Tuesday morning. Agents confirm the latest attack disrupted Internet service for businesses and residential customers in and around Sacramento, the state’s capital. FBI agents declined to […]
F-35 Gets Its Clock Cleaned by 1970s Era Fighter
June 30th, 2015Meanwhile, in Russia: Sukhoi PAK FA. Via: Medium: The test pilot’s report is the latest evidence of fundamental problems with the design of the F-35?—?which, at a total program cost of more than a trillion dollars, is history’s most expensive weapon. … The F-35 was flying “clean,” with no weapons in its bomb bay or […]
Puerto Rico Can’t Pay $72 Billion Debt, Governor Warns
June 29th, 2015Via: AP: The governor is warning that Puerto Rico can’t pay its $72 billion public debt, delivering another jolt to the recession-gripped U.S. island as well as a world financial system already worrying over Greece’s collapsing finances. Gov. Alejandro Garcia Padilla is hoping to defer debt payments while negotiating with creditors, spokesman Jesus Manuel Ortiz […]
