Archive for the 'Economy' Category
British Tycoon Impaled on Spikes Following 60ft Fall from Luxury London Penthouse
December 10th, 2014Update: Scot Young Via: Telegraph: A financier at the heart of one of Britain’s biggest divorce battles has died after falling from his £3 million home and impaling himself on iron railings. Scot Young, 52, suffered horrific injuries after plummeting four storeys from a window of his luxury central London penthouse. His death comes almost […]
Retail Neuroscience
December 10th, 2014Via: CBS: Retailers are trying to get into customers’ brains and they now have the technology to do it. It’s called consumer neuroscience and companies are getting valuable shopper intel that can shape the shopping experience.
Greek Stocks Crash
December 9th, 2014Via: CNBC: Greece’s stock market plunged 13 percent on Tuesday and bond yields spiked after the country’s government surprised investors by announcing a snap presidential vote. The election was originally scheduled for the new year, but will now take place next week. The news, announced late Monday, caused the Athens Stock Exchange to fall 13 […]
Stocks: Shanghai Down 5%, Greece Down 6%
December 9th, 2014Via: CNBC: Greek stocks slid 6 percent, with continued political jitters in the country adding to the declines. … China was the main focus for investors as the country’s Shanghai Composite (Shanghai Stock Exchange: .SSEC) benchmark tumbled in the final hour of trade. It finished the session down 5.3 percent after rallying to a three-and-half-year […]
Why Elon Musk’s Batteries Scare the Hell Out of the Electric Company
December 9th, 2014Disclosure: I sell solar power systems in New Zealand. Via: Bloomberg: At a sagebrush-strewn industrial park outside of Reno, Nevada, bulldozers are clearing dirt for Tesla Motors Inc. (TSLA)’s battery factory, projected to be the world’s largest. Tesla’s founder, Elon Musk, sees the $5 billion facility as a key step toward making electric cars more […]
Betting On The ‘Other’ Oil Black Swan
December 9th, 2014Via: ZeroHedge: That said, if oil prices go “too low”, there are some very powerful State actors who could become incentivized to precipitate a geopolitical crisis in order to get oil prices back up. E.g. a Saudi Arabian spring, or an attack on a major pipeline? The ISIS-sponsored attack in November in Saudi Arabia’s oil-rich […]
Slain MassMutual Executive Held Wall Street “Trade Secrets”
December 9th, 2014In other news: “Riddles” Surround 36th Dead Banker Of The Year. Via: Wall Street On Parade: On Thursday, November 20, 2014, the body of 54-year old Melissa Millan, a divorced mother of two school-age children, was found at approximately 8 p.m. along a jogging path running parallel to Iron Horse Boulevard in Simsbury, Connecticut. A […]
The Vending Machine Of The Future Is Here, And It Knows Who You Are
December 9th, 2014I haven’t bought anything from a vending machine since 2005. Then again, I haven’t been to a town with traffic lights in nearly two years. In any event, here’s one for your bulging Not-The-Onion file folder. Via: Telegraph: The Luce X2 Touch TV vending machine, which was debuted to industry professionals in Hertfordshire in October, […]
Energy Crisis: Turn the Wind Turbines Off When the Electricity Prices Get Too Low
December 7th, 2014What we’re dealing with in New Zealand is sort of mini, South Pacific version of Enron. —New Zealand: Commercial Solar Boom Underway Most people in New Zealand haven’t heard of Enron’s numerous and insidious scams, but they should familiarize themselves with what happened: Before passage of the deregulation law, there had been only one Stage […]
Afghanistan: The Making of a Narco State
December 6th, 2014Oh yes, the big “mystery” as to why the Taliban cut off opium production baffles Rolling Stone. 9/11 scratches more itches than anyone in the corporate media could possibly imagine. I’d say that one of main purposes of 9/11 was to restart the flow of hundreds of billions of dollars of heroin money into the […]
