Archive for the 'Economy' Category
EFF Makes Formal Objection to DRM in HTML5
May 30th, 2013Via: EFF: Today the Electronic Frontier Foundation (EFF) filed a formal objection to the inclusion of digital rights management (DRM) in HTML5, arguing that a draft proposal from the World Wide Web Consortium (W3C) could stymie Web innovation and block access to content for people across the globe. The W3C’s HTML working group is creating […]
Monsanto GM Wheat Not Approved by USDA Found on Oregon Farm
May 30th, 2013Via: Bloomberg: Genetically modified wheat created by Monsanto Co. (MON) that wasn’t approved for use turned up on an 80-acre farm in Oregon last month, threatening the outlook for U.S. exports of the grain that are the world’s largest. A farmer attempting to kill wheat with Monsanto’s Roundup herbicide found several plants survived the weedkiller, […]
On the Road to a Japanese Debt Crisis
May 29th, 2013Via: The Exchange: The initial results of the Abenomic program would be cause for true celebration if they did not also have the unintended consequence of drawing the market’s attention to the appalling state of Japan’s public finances. However, seemingly this is now occurring as markets have begun to question the logic of holding Japan’s […]
Maine Doctor Stops Accepting All Forms of Insurance, Cuts Prices for Treatments In Half
May 29th, 2013Via: Bangor Daily News: Dr. Michael Ciampi took a step this spring that many of his fellow physicians would describe as radical. The family physician stopped accepting all forms of health insurance. In early 2013, Ciampi sent a letter to his patients informing them that he would no longer accept any kind of health coverage, […]
China’s Shuanghui to Buy Smithfield Foods for $4.7 Billion
May 29th, 2013Via: Reuters: China’s Shuanghui International said it would buy Smithfield Foods Inc (SFD.N) for $4.7 billion in cash to help satisfy growing demand for U.S.-made pork in its home market, but the deal may raise concerns in the United States. The agreement, announced on Wednesday, comes after Smithfield’s largest shareholder agitated for change at the […]
Google Acquires Wind Power Firm Makani Power
May 28th, 2013Via: PCMag: Google is known for putting its resources into some novel technologies like self-driving cars and wearable computing devices. Now, the Web giant is moving into yet another field—wind power. After previously investing in the company, Google has agreed to acquire Alameda, Calif.-based green energy startup Makani Power. Financial terms of the deal were […]
40 Statistics About The Fall Of The U.S. Economy That Are Almost Too Crazy To Believe
May 28th, 2013I didn’t know about #38: One Million U.S. Students Homeless, New Data Show: For the first time in history, public schools reported more than one million homeless children and youth, according to data released today by the U.S. Department of Education. The 1,065,794 homeless students enrolled by U.S. preschools and K-12 schools in the 2010-2011 […]
U.S. Weapons System Designs Compromised by Chinese Cyberspies
May 28th, 2013Related, From Australia: ASIO Blueprints Stolen in Major Cyber Attack on Canberra HQ: Classified blueprints of the new ASIO headquarters in Canberra have been stolen in a cyber hit believed to have been mounted by hackers in China. The ABC’s Four Corners program has discovered the plans were taken in an operation targeting a contractor […]
Henry van der Heyden: “Don’t ever trust them…never.” “China is where New Zealand’s future is.”
May 28th, 2013
Via: New Zealand Herald: Former Fonterra chairman Sir Henry van der Heyden has apologised to “China and its people and Government ” for warning New Zealand businesses not to trust the Chinese. Van der Heyden broke at lunchtime from his final board meeting as a Fonterra director to issue his public apology over comments made […]
South Korea Halts Operations at Reactors Over Faked Certificates
May 28th, 2013Via: New York Times: South Korea was forced to turn off two nuclear power reactors on Tuesday and delay the scheduled start of operation at another two, after its inspectors discovered that the reactors used components whose safety certificates had been fabricated. South Korea’s nuclear power industry has been plagued by a series of forced […]
