Archive for the 'Economy' Category
China: The Making of ‘Gutter Oil’
October 29th, 2013Via: YouTube: Research Credit: RP
Print a 2,500 Square Foot House in 20 Hours
October 28th, 2013Via: IndustryTap: We have seen huge advancements in 3D printing. We’ve even seen oversized wrenches printed that measure 1.2 meters in length. Now, we can print an entire 2,500 sqft house in 20 hours. In the TED Talk video below, Behrokh Khoshnevis, a professor of Industrial & Systems Engineering at the University of Southern California […]
Food Stamp Cut Hits Friday
October 28th, 2013Via: NPR: Poor families across the country will have a harder time stretching their food budgets after Friday, as stimulus funding for the Supplemental Nutrition Assistance Program (SNAP) automatically expires. The 13.6 percent boost in SNAP benefits the American Reinvestment and Recovery Act instituted in April 2009 ends Nov. 1. The Center on Budget and […]
Electric Utility Executives Worry About Solar Panels
October 28th, 2013Via: San Francisco Chronicle: Sitting on a rooftop, soaking up sun, the humble solar panel may not look like a threat to a multibillion-dollar industry. But some electric utility executives say it is. They even have a name for the nightmare scenario solar could create – the “death spiral.” They fear solar’s rapid spread across […]
U.S. Banks Told to be Prepared for 30-Day Crisis
October 28th, 2013Via: Irish Independent: The biggest US banks would be required to hold enough easily sold assets to survive a 30-day credit drought under proposed new Federal Reserve liquidity rules. The Federal Reserve liquidity coverage ratio proposal, approved unanimously at a meeting in Washington, goes further than the Basel III measure adopted in January and calls […]
China: ‘Unprecedented’ Policy Changes Ahead
October 28th, 2013Via: Bloomberg: Chinese Politburo member Yu Zhengsheng said reforms to be discussed at a Communist Party meeting next month will be unprecedented, adding to signs that leaders are resolved to spur far-reaching policy changes. Yu’s comments, made in a speech at a forum to promote relations with Taiwan, were reported by the official Xinhua News […]
Black Box in Your Car to Tax and Track You
October 28th, 2013In other news, Iraq, Afghan wars will cost to $4 trillion to $6 trillion: The U.S. wars in Afghanistan and Iraq will cost taxpayers $4 trillion to $6 trillion, taking into account the medical care of wounded veterans and expensive repairs to a force depleted by more than a decade of fighting, according to a […]
Multi-Billion Dollar Tax Avoidance Schemes Running in Ireland
October 28th, 2013Via: Bloomberg: In that game, multinational companies find ways to legally avoid income taxes in the countries where most of their customers are. Google cuts billions off its tax bill each year by sending profits through Ireland to a mailbox in Bermuda; Facebook sends them through Ireland to Grand Cayman; LinkedIn uses Ireland en route […]
Several Large Tech Companies Colluded to Cap Worker Salaries
October 28th, 2013Wouldn’t it be neat if there really was a Hell and Steve Jobs had to go cruising along in his ridiculous superyacht through great oceans of fiery, bubbling lava for all eternity? Via: San Jose Mercury News: More than 60,000 tech workers can seek monetary damages from Apple (AAPL), Intel (INTC), Google (GOOG) and Adobe […]
High-Frequency Trading and Exchange Technology
October 28th, 2013Via: ACM: I remember coming home late one night, and my mother, a math teacher, asked why I was so depressed and exhausted. I said, “Imagine every day you have to figure out a small part of the world. You develop fantastic machines, which can measure everything, and you deploy them to track an object […]
