Archive for the 'Economy' Category
Total U.S. Debt Rises Over $18 Trillion; Up 70% Under Barack Obama
December 2nd, 2014Via: ZeroHedge: Last week, total US debt was a meager $17,963,753,617,957.26. Two days later, as updated today, on Black Friday, total outstanding US public debt just hit a new historic level which probably would be better associated with a red color: as of the last work day of November, total US public debt just surpassed […]
U.S. Navy Pushes Solar Energy Storage Solution
December 1st, 2014Disclosure: I sell solar power systems in New Zealand. Via: CleanTechnica: We just got wind of a major new oil industry campaign to tear down California’s clean energy rules, but we’re thinking these guys are going to be outflanked by the shockingly rapid growth of the energy storage sector. Case in point: the Navy Mobile […]
Hackers With Wall Street Savvy Stealing M&A Data
December 1st, 2014Via: Bloomberg: Hackers with Wall Street expertise have stolen merger-and-acquisition information from more than 80 companies for more than a year, according to security consultants who shared their findings with law enforcement. A group dubbed FIN4 by researchers at FireEye Inc. (FEYE) has been tricking executives, lawyers and consultants into providing access to confidential data […]
Pizza Hut: Eye-Tracking Menu
November 30th, 2014Via: Engadget: Pizza Hut wants to help you skip your super-ego middleman and just let your id order that triple-cheese bacon pepperoni pie directly. It’s “Subconscious Menu” uses Tobii’s eye-tracking tech to figure out which of 20 different ingredients you’re looking at on a screen (see the video below). It then takes all of three […]
Jeb Bush’s Four Mysterious Companies Share The Same Address And Have Never Done Any Known Business
November 30th, 2014Via: Think Progress: Jeb Bush and his capital investment company have set up several companies that, despite being registered to his office and being approved for “any and all lawful business,” have seemingly not yet done anything. A ThinkProgress review of corporate registration records with the Florida Department of State revealed several companies registered in […]
Who’s Making Money Off The War On Drugs?
November 28th, 2014Via: AJ+:
Flying Robots to Start Serving in Restaurants by End-2015
November 27th, 2014Nothing says “romantic dinner” like the ceaseless din of large, autonomous quadcopters buzzing around in a closed space. Via: Channel News Asia: Restaurant-goers in Singapore can expect to be served by autonomous flying robots – the world’s first commercial attempt – by the end of next year. Infinium-Serve, the autonomous flying robotic waiters, will be […]
Oil Down 6.88% On OPEC Strategy to Destroy U.S. Shale Business
November 27th, 2014Warning: This is not a recommendation to buy, sell or hold any financial instrument. I’ll be dusting off some capital for an eventual long side play. However, there’s a part of me, a gut feeling, that thinks that the shale apocalypse will just continue on somehow. Crude Oil Jan 15 (CLF15.NYM) -NY Mercantile 68.62 Down […]
OPEC Policy Ensures U.S. Shale Crash, Russian Tycoon Says
November 27th, 2014Via: Bloomberg: OPEC policy on crude production will ensure a crash in the U.S. shale industry, a Russian oil tycoon said. The Organization of Petroleum Exporting Countries kept output targets unchanged at a meeting in Vienna today even after this year’s slump in the oil price caused by surging supply from U.S shale fields. American […]
Solar and Wind Energy Start to Win on Price vs. Conventional Fuels
November 26th, 2014Disclosure: I sell solar power systems in New Zealand. Via: New York Times: For the solar and wind industries in the United States, it has been a long-held dream: to produce energy at a cost equal to conventional sources like coal and natural gas. That day appears to be dawning. The cost of providing electricity […]
