Archive for the 'Economy' Category
Amazon Robots Prepare for Christmas
November 19th, 2014Via: Marketwatch: In its latest bid to boost productivity and speed delivery, Amazon.com Inc. is deploying a robot army. The Seattle online retailer has outfitted several U.S. warehouses with squat, orange, wheeled robots that move stocked shelves to workers, instead of having employees seek items amid long aisles of merchandise, according to people familiar with […]
Crime-Fighting Robots Go On Patrol In Silicon Valley
November 19th, 2014Get your barf bag ready. Via: CBS: A new kind of security guard is on patrol in Silicon Valley: crime-fighting robots that look like they’re straight out of a sci-fi movie. At first glance, the K5 security robot looks like a cartoonish Star Wars character. “The vast majority of people see it and go, ‘Oh […]
Bill Gates Looks at LENRs as Future Energy Source
November 19th, 2014Via: New Energy Times: Bill Gates, pioneer in the digital world, is exploring low-energy nuclear reactions (LENRs), the frontier of energy research. On Wednesday, he visited a small laboratory on the sprawling campus of a government lab in Frascati, just outside of Rome, Italy. The lab is one of several large ones under the Italian […]
Amazon to Begin Testing Same-Day Delivery Drones in Cambridge
November 13th, 2014Via: Guardian: Amazon is planning to test drones in Cambridge, England, as the battle to offer consumers same-day deliveries heats up. The US company announced with considerable fanfare late last year that it was considering using drones as a way of dramatically reducing the time it takes to deliver orders to customers. At the time […]
Forex Scam: Regulators Fine Global Banks $4.3 Billion
November 12th, 2014Via: Reuters: Regulators fined six major banks including Citigroup (C.N) and UBS (UBSN.VX) a total of $4.3 billion for failing to stop traders from trying to manipulate the foreign exchange market, following a year-long global investigation. HSBC (HSBA.L), Royal Bank of Scotland (RBS.L), JP Morgan (JPM.N) and Bank of America (BAC.N) also face penalties resulting […]
Penalty For Uninsured Not Signing Up For Obamacare To More Than Triple
November 12th, 2014Via: CBS: Americans will see their bank accounts shrink if they don’t sign up for Obamacare in its second enrollment season. Uninsured Americans who decide not to enroll will face a penalty of $325 per person, more than tripling the $95 penalty those who did not enroll had to pay the first time around. Children […]
90 Year Old Man Risks Jail to Keep Feeding Homeless
November 8th, 2014Via: Sun Sentinel: At the age of 90, Arnold Abbott could be enjoying a quiet retirement, reflecting on his combat service in World War II, writing poetry, or even polishing the sequel to his self-published book, “From Aches To Ecstasy: A Sex Primer For Those Over Fifty.” Instead, the longtime Fort Lauderdale resident is dealing […]
Big Safari
November 7th, 2014Via: Vocativ: The man on the other line didn’t seem happy. “We are a secretive and shadowy organization that has been in existence for over 60 years,” he said. The man’s name is Col. Edward Topps. He’s the leader of a mysterious Air Force agency known as “Big Safari.” Last month, he called me out […]
The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare
November 7th, 2014Via: Rolling Stone: She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn’t take it anymore. “It was like watching an old lady get mugged on the street,” she says. “I thought, ‘I can’t sit by any longer.’” Fleischmann is a […]
$7 Billion U.S. Eradication Effort Delivers Record High Poppy Crop in Afghanistan
November 5th, 2014Via: Common Dreams: Opium poppy cultivation levels in Afghanistan are at a record high, though the U.S. government has spent over $7 billion to stop it, a federal watchdog states in a new report. In a letter to Secretary of State John Kerry, Secretary of Defense Chuck Hagel, Attorney General Eric Holder and US AID […]
