Archive for the 'Economy' Category

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“Doctor Who Opposed Vaccines Found Dead in Apparent Suicide”

June 28th, 2015

Via: AP: Dr. Jeff Bradstreet, an anti-vaccine physician, has been found dead in what police believe is a suicide. Bradstreet died of what authorities say appears to be a self-inflicted gun shot to the chest, the Associated Press reports. His body was found by a fisherman on June 19 in Rocky Broad River in Chimney […]

GREEK BANKS AND STOCK EXCHANGE SHUTDOWN FOR WEEK

June 28th, 2015

Via: Sky: Banks in Greece and the country’s stock exchange will be shut all week in a sign of the deepening financial crisis. The drastic move comes after people rushed to withdraw their cash amid panic ahead of the referendum on bailout terms. Under the controls, there will be a daily €60 limit on withdrawals […]

Greece: Bank Holliday

June 28th, 2015

Via: Washington Post: Greek leaders planned to shutter their banks on Monday amid last-ditch discussions about their nation’s economic future, as panicked citizens tried to pull their money from their accounts while they still were able. Sunday’s decision to declare a bank holiday was a signal that Greece’s five-year battle to stay in the shared […]

Mountain View Man Renting Out Small Tent Near Google For $965 Per Month

June 26th, 2015

Via: CBS: The housing crisis in the South Bay has a new form of short-term rental popping up. A man in the Monta Loma neighborhood of Mountain View is renting out a Coleman tent in a “beautiful garden” outside his home for visitors or slightly more permanent residences for the high price of $46 per […]

U.S. Senate Approves Fast-Track TPP Trade Bill

June 25th, 2015

So it goes… Via: Stuff: US lawmakers approved legislation key to securing a hallmark Pacific trade deal by a comfortable margin on Wednesday, advancing President Barack Obama’s efforts to strengthen US economic ties with Asia. Senators voted 60 to 38 to approve legislation to streamline Congress’s consideration of trade deals, including Obama’s 12-nation Trans-Pacific Partnership […]

Processed Food Losing Market Share to Fresh and Organic Alternatives

June 24th, 2015

With regard to “organic,” watch out: Who Owns Organic Brands And Why You Should Care. Via: Fortune: Major packaged-food companies lost $4 billion in market share alone last year, as shoppers swerved to fresh and organic alternatives. Can the supermarket giants win you back? Try this simple test. Say the following out loud: Artificial colors […]

China’s Troubling Robot Revolution

June 24th, 2015

Via: New York Times: OVER the last decade, China has become, in the eyes of much of the world, a job-eating monster, consuming entire industries with its seemingly limitless supply of low-wage workers. But the reality is that China is now shifting its appetite to robots, a transition that will have significant consequences for China’s […]

Why the Saudis Are Going Solar

June 23rd, 2015

Disclosures: I sell solar power systems in NZ. I’m long Enphase Energy. — Via: The Atlantic: Prince Turki bin Saud bin Mohammad Al Saud belongs to the family that rules Saudi Arabia. He wears a white thawb and ghutra, the traditional robe and headdress of Arab men, and he has a cavernous office hung with […]

The Way Humans Get Electricity Is About to Change Forever

June 23rd, 2015

Disclosures: I sell solar power systems in NZ. I’m long Enphase Energy. — Via: Bloomberg: Solar Prices Keep Crashing The price of solar power will continue to fall, until it becomes the cheapest form of power in a rapidly expanding number of national markets. By 2026, utility-scale solar will be competitive for the majority of […]

New Lithium Ion Battery Process: “It’s So Far Out Of The Paradigm, You Just Don’t Believe It”

June 22nd, 2015

Via: Quartz: Chiang and Wilder are about to embark on a third round of investment, seeking $20 million to $30 million. They would spend the money to scale up to production of a new machine that makes a cell every two to ten seconds. This machine, to be available for sale in two years, would […]

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