Archive for the 'Economy' Category

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Mob Illegally Dumped Nuclear and Industrial Waste Around Southern Italy

November 5th, 2013

Via: Daily Mail: Toxic nuclear and industrial waste, dumped illegally by the Neapolitan mafia, is responsible for a surge in cancers in southern Italy, it is feared. The Italian Senate is investigating a link between buried pollutants and a rise of almost 50 per cent in tumours found in the inhabitants of several towns around […]

Britain: Face-Scanning Screens That Can Determine Your Age and Gender

November 5th, 2013

Via: Vice: Next time you absent-mindedly watch the ads as you’re waiting to pay for a tank of gas, they might be watching you back. Digital advertising company Amscreen (a division of Alan Sugar’s Amshold) has announced a deal with British supermarket giant Tesco to roll out its OptimEyes technology across their 450 petrol forecourts. […]

Rich Families Hoarding Cash

November 5th, 2013

Via: CNBC: A new survey of family offices by Citi finds that the wealthy are cash heavy—meaning they may fall short of the investment returns they’re expecting. Wealthy families have about 39 percent of their assets in cash, according to a recent poll of more than 50 large family office representatives from 20 countries conducted […]

Apple Opening Arizona Plant With 2,000 Workers

November 5th, 2013

Via: Bloomberg: Apple Inc. (AAPL) said it’s opening a new plant in Mesa, Arizona, that will create 2,000 jobs to make components for its products, part of a push by the world’s most valuable company to boost manufacturing in the U.S. Apple struck a deal to pay $578 million to GT Advanced Technologies Inc. (GTAT) […]

U.S. Nuclear Upgrade Over the Next Decade: $350 Billion to $400 Billion

November 4th, 2013

Via: Reuters: The U.S. nuclear arsenal needs a multi-billion dollar overhaul in the coming decade to ensure the weapons’ safety and effectiveness, defense officials said on Tuesday, despite warnings from arms control groups that the effort is unaffordable and unnecessary. Assistant Defense Secretary Madelyn Creedon told a panel in the U.S. House of Representatives that […]

It’s All E-Commerce Now

November 4th, 2013

Via: MIT Technology Review: “Omnichannel” is a buzzword that describes a survival strategy. Threatened by the growth of low-cost online merchants, traditional retailers are reacting by following customers onto the Internet. Macy’s does it as well as any. On its website, it installs 24 different tracking cookies on a visitor’s browser. On TV, it runs […]

Obamacare Open Thread

November 4th, 2013

Do we need an Obamacare open thread? Here it is, just in case.

Three Guys Built a Better Healthcare.gov

November 3rd, 2013

Via: The Atlantic Wire: The Affordable Health Care act rollout was an unmitigated disaster thanks in large part to a cluttered website that both didn’t work and was offensively ugly. Maybe things would not have gone so poorly if HealthCare.gov looked something like this. No one knows the resources that went into building HealthCare.gov, but […]

Google Barges Part of Glass Marketing Effort?

November 2nd, 2013

Via: CBS: Google’s mysterious floating barge on San Francisco Bay will feature luxury showrooms and a party deck for the tech giant to market Google Glass and other gadgets to invitation-only clients, multiple sources told KPIX 5. The project, which has been in the planning stages for more than a year, was created at Google[x], […]

Son of Blackbird: SR-72, Mach 6 Reconnaissance and Strike Drone

November 2nd, 2013

I wonder if everyone in the U.S. will be on food stamps by the time this thing takes to the air: Food banks across the country, stretched thin in the aftermath of the recession, are bracing for more people coming through their doors in the wake of cuts to the federal food stamp program. Food […]

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