Archive for the 'Economy' Category
The Trans-Pacific Partnership Clause Everyone Should Oppose
February 28th, 2015Via: Washington Post: The United States is in the final stages of negotiating the Trans-Pacific Partnership (TPP), a massive free-trade agreement with Mexico, Canada, Japan, Singapore and seven other countries. Who will benefit from the TPP? American workers? Consumers? Small businesses? Taxpayers? Or the biggest multinational corporations in the world? One strong hint is buried […]
“Think of it as the food manufacturers’ equivalent of an arms fair”
February 22nd, 2015Via: Guardian: On a bright, cold day in late November 2013, I found myself in the dark, eerie, indoor expanses of Frankfurt’s Blade Runner-like Festhalle Messe. I was there undercover, to attend an annual trade show called Food Ingredients. This three-day exhibition hosts the world’s most important gathering of ingredients suppliers, distributors and buyers. In […]
U.S. to Begin Widespread Sales of Killer Drones to Allies
February 22nd, 2015Via: Washington Post: The Obama administration will permit the widespread export of armed drones for the first time, a step toward providing allied nations with weapons that have become a cornerstone of U.S. counterterrorism strategy but whose remotely controlled power to kill is intensely controversial. The new policy, announced Tuesday after a long internal review, […]
Apple Wants to Start Producing Cars as Soon as 2020
February 20th, 2015Via: Bloomberg: Apple Inc., which has been working secretly on a car, is pushing its team to begin production of an electric vehicle as early as 2020, people with knowledge of the matter said. The timeframe — automakers typically spend five to seven years developing a car — underscores the project’s aggressive goals and could […]
BASF Doubles Nickel-Metal Hydride Energy Storage
February 19th, 2015Via: MIT Technology Review: Almost every automaker interested in producing electric cars is betting on improvements to lithium-ion batteries to make the cars cheaper and extend their driving range. But scientists at BASF are exploring the possibilities of an older type of battery, nickel-metal hydride, now used in hybrids. They recently doubled the amount of […]
Buffett Dumped Entire $4 Billion Position in Exxon
February 18th, 2015Disclosure: I’m long one oil exploration and production company. Via: Yahoo Finance: The Warren watch is on. Warren Buffett revealed in a SEC filing yesterday that he sold his entire stake in Exxon Mobil (XOM) – roughly four billion dollars worth last quarter. Investors like to pay attention to what the Oracle of Omaha is […]
LG Chem to Build Battery Storage Systems Worth $272 Million for Japanese Solar Plants
February 16th, 2015Disclosure: I sell solar power systems in New Zealand. I’m doing a solar power deal for a guy who wants a normal grid tie rig for his house, but he also wants to charge his electric farm vehicle with solar. “Would that work?” he asked me. Oh yes. We’re going to set up his hot […]
FAA Commercial Drone Rules: Line of Sight Operation Will Be Allowed, Autonomous Flight Beyond Line of Sight, Deliveries Banned for Foreseeable Future
February 15th, 2015Via: Guardian: Commercial drone operators will be banned from letting unmanned aircraft out of their sight, under new US proposals that come as a major blow to companies like Amazon that were hoping to use the unmanned aircraft to make aerial home deliveries. Amazon said the proposed new Federal Aviation Authority (FAA) rules, which were […]
Tesla Plans Battery for Household Energy-Storage Market
February 12th, 2015Disclosure: I sell solar power systems in New Zealand. Via: Bloomberg: Tesla Motors Inc., best known for making the all-electric Model S sedan, is using its lithium-ion battery technology to position itself as a frontrunner in the emerging energy-storage market that supplements and may ultimately threaten the traditional electric grid. “We are going to unveil […]
Apple Makes Huge Solar Power Investment
February 11th, 2015Disclosure: I sell solar power systems in New Zealand. And I’m holding one almost worthless February 27th put option on Apple. — Huge? Huge, in terms of the solar industry? Yes. Huge. But is it huge in terms of Apple? This story is being reported all over the place, but consider that $850 million represents […]
