Archive for the 'Economy' Category
Lowe’s Hires Robots for the Holidays
October 28th, 2014If you think it’s just for the “Holidays”, I got a bridge to sell ya. Via: PCMagazine: Lowe’s is hiring some new workers for the holiday season, but they’re not human. The hardware store just announced plans to test customer service robots, which will be able to help you locate items in the store, and […]
Taco Bell Unveils Mobile Ordering
October 28th, 2014“Cashiers and food service workers: You’re pretty much screwed.” —Seattle Hikes Minimum Wage to $15 Per Hour Via: USA Today: Food used to be what drove folks into restaurants. But these days, it’s also increasingly the technology behind it. That’s why two major restaurant chains, Taco Bell and Outback Steakhouse, made marketing waves on Tuesday, […]
Assange: Google Is Not What It Seems
October 28th, 2014Via: Newsweek: It was also in 1999 that Schmidt joined the board of a Washington, D.C.–based group: the New America Foundation, a merger of well-connected centrist forces (in D.C. terms). The foundation and its 100 staff serve as an influence mill, using its network of approved national security, foreign policy and technology pundits to place […]
Pot Oil “Miracle in a Bottle” Cure Could Land Mom in Jail
October 28th, 2014The boy had pain so severe he didn’t want to live anymore. The pot oil helped him after 18 other medications didn’t. Now his mother is facing jail. Via: CBS: In March, one mother traveled to Colorado to get a bottle of cannabis oil in hopes of easing the agonizing pain her 15-year-old son has […]
Company Finds Out The Hard Way It’s Illegal To Pay $1.21 An Hour In America
October 27th, 2014Via: Huffington Post: This takes egregiously low wages to a whole new level. A Silicon Valley company that digitizes images said Thursday that an “administrative error” led to it paying eight workers flown in from Bangalore, India just $1.21 an hour to work 120-hour weeks installing computers in the company’s headquarters. Electronics For Imaging paid […]
Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required
October 25th, 2014Via: New York Times: For almost 40 years, Carole Hinders has dished out Mexican specialties at her modest cash-only restaurant. For just as long, she deposited the earnings at a small bank branch a block away — until last year, when two tax agents knocked on her door and informed her that they had seized […]
Deutsche Bank Lawyer Found Dead by Suicide in New York
October 25th, 2014Via: Reuters: A senior Deutsche Bank regulatory lawyer has been found dead in New York after committing suicide, New York City officials said on Saturday. Calogero Gambino, 41, was found on the morning of Oct. 20 at his home in the New York borough of Brooklyn and pronounced dead on the scene, according to New […]
All the Markets Need Is $200 Billion a Quarter From the Central Bankers
October 21st, 2014Via: Bloomberg: The central-bank put lives on. Policy makers deny its existence, yet investors still reckon that whenever stocks and other risk assets take a tumble, the authorities will be there with calming words or economic stimulus to ensure the losses are limited. A put option gives investors the right to sell their asset at […]
Updated Secret Trans-Pacific Partnership Agreement (TPP) – IP Chapter
October 16th, 2014Via: WikiLeaks: Today, Thursday 16 October 2014, WikiLeaks released a second updated version of the Trans-Pacific Partnership (TPP) Intellectual Property Rights Chapter. The TPP is the world’s largest economic trade agreement that will, if it comes into force, encompass more than 40 per cent of the world’s GDP. The IP Chapter covers topics from pharmaceuticals, […]
Our Imperial Rulers Are Deranged: Leon Panetta’s Memoir Proves It
October 16th, 2014Via: David Stockman’s Contra Corner: Which brings us to the question of just what is being “defended” here. It sure isn’t South Korea, which would be obliterated in the event of a nuclear exchange with the North. So then what is it? The answer is the sacred principle of American “world leadership,” which supposedly gives […]
