Archive for the 'Economy' Category
Have We Gone From a Post-War to a Pre-War World?
July 13th, 2014Via: Huffington Post: On June 28, 1914, a chauffeur panicked after a failed bomb attack on his boss, took a wrong turn and came to a complete stop in front of a café in Sarajevo where Gavrilo Princip was sitting. Princip, discouraged at the apparent failure of the planned murder, seized the unexpected opportunity and […]
Amazon Quietly Rolling Out Sunday Delivery
July 13th, 2014Via: GeekWire: After starting in selected cities around the country, Amazon and the U.S. Postal Service are closer to rolling out Sunday parcel delivery on a nationwide scale. In recent weeks, Sunday delivery has launched in Seattle and Portland, and various other cities are potentially only weeks from going live — including the Boston area […]
Asian Slave Labor Producing Seafood for Supermarkets in US, UK
July 13th, 2014Via: Guardian: Slaves forced to work for no pay for years at a time under threat of extreme violence are being used in Asia in the production of seafood sold by major US, British and other European retailers, the Guardian can reveal. A six-month investigation has established that large numbers of men bought and sold […]
Banks Dreading Computer Hacks Call for Cyber War Council
July 13th, 2014Via: Bloomberg: Wall Street’s biggest trade group has proposed a government-industry cyber war council to stave off terrorist attacks that could trigger financial panic by temporarily wiping out account balances, according to an internal document. The proposal by the Securities Industry and Financial Markets Association, known as Sifma, calls for a committee of executives and […]
Can’t Beat Them? Grow Lettuce: In Japan, Idled Electronics Factories Find New Life in Farming
July 7th, 2014Via: Wall Street Journal: Haruyasu Miyabe used to oversee a computer-chip production line at a Fujitsu Ltd. plant here. One day last year, the plant manager told Mr. Miyabe to prepare for a career change. “Starting tomorrow, you are going to make lettuce,” he recalls being told. Amid troubled times in the Japanese electronics industry, […]
Foxconn May Replace ‘iPhone 6’ Assembly Line Workers with ‘Foxbot’ Robots
July 7th, 2014Via: Apple Insider: During a recent shareholder meeting, president and CEO of Apple partner manufacturer Foxconn said his company plans to roll out robots on assembly lines responsible for products like the iPhone, possibly in time for production of the so-called “iPhone 6.”
These Bricks Are Like Lego for Full-Sized Buildings
July 5th, 2014Via: Wired: A company called Kite Bricks is out to disrupt the construction business starting with the humble brick. Kite Bricks has developed “Smart Bricks” (S-Bricks) made out of high-strength concrete that can be used to make buildings rapidly, cheaply and energy efficiently. The bricks — which are patent pending — are much like Lego […]
Shale: U.S. Surpasses Saudi Arabia as Largest Oil Producer in the World
July 4th, 2014Via: Bloomberg: The U.S. will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said. U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries this year with […]
Hospitals Are Mining Patients’ Credit Card Data to Predict Who Will Get Sick
July 4th, 2014Via: Bloomberg: Imagine getting a call from your doctor if you let your gym membership lapse, make a habit of buying candy bars at the checkout counter, or begin shopping at plus-size clothing stores. For patients of Carolinas HealthCare System, which operates the largest group of medical centers in North and South Carolina, such a […]
More Books Sold Online Than in Brick-And-Mortar Retail
July 2nd, 2014Via: Book Industry Study Group: In formats, eBooks hit record volume numbers while revenue was flat; downloaded audiobooks hit all-time highs in both revenue and units. In sales channels, publishers’ net revenue from sales of digital and print content via online retail is now ahead of revenue from brick-and-mortar retail.
