Archive for the 'Economy' Category
Japan: SKWID Harnesses the Power of Both the Wind and the Tide
May 27th, 2013If you’re like me, you’re going to wonder how the vertical power generation axis is going to handle the shear stress caused by the rest of the unit bobbing around on the surface. See the short .pdf on MODEC’s site: Stable performance in an unstable sea. The float structure supports the power generation assembly via […]
Dairy Farmer Acquitted on Three of Four Charges in Raw Milk Trial
May 27th, 2013In fascist America, being convicted of just one of the absurd charges against you is considered a victory. Via: Journal Sentinel: Dairy farmer Vernon Hershberger was acquitted on three of four criminal charges early Saturday morning in a trial that drew national attention from supporters of the raw, unpasteurized milk movement. Jurors in Sauk County […]
New Zealand, China in Talks on Convertibility of Currencies
May 27th, 2013Via: Wall Street Journal: Seeking to help its exporters, New Zealand is negotiating with China to make their currencies directly convertible, a spokeswoman for Prime Minister John Key said. Wellington’s push is aimed at driving down costs for companies that do business with China, which is close to overtaking Australia as New Zealand’s No. 1 […]
Disclosure: I Bought June Puts on SPDR Dow Jones Industrial Average (DIA)
May 27th, 2013Warning: This is not a recommendation to buy, sell or hold any financial instrument. Update: TW Asks: “What the hell does this post mean?” It means that I will make money if the Dow Jones Industrial Average crashes over about the next month. I’m letting everyone know that I have a financial interest in the […]
Protesters Around the World March Against Monsanto
May 26th, 2013Via: USA Today: Protesters rallied in dozens of cities Saturday as part of a global protest against seed giant Monsanto and the genetically modified food it produces, organizers said. Organizers said “March Against Monsanto” protests were held in 52 countries and 436 cities, including Los Angeles where demonstrators waved signs that read “Real Food 4 […]
Recovery: 44% of Homeowners With a Mortgage Can’t Sell
May 24th, 2013Via: The Street: About 44% of homeowners with mortgages cannot afford to sell their homes, according to a recent blog post from real estate company Zillow. Despite a recovery in prices, over a quarter of homeowners with mortgage loans still owe more than their homes are worth. “But another 18.2 percent of homeowners with mortgages, […]
Is Google Going To Make Internet Access Available To Everyone?
May 24th, 2013Via: Bloomberg: Google (GOOG) Chairman Eric Schmidt’s April 13 tweet was bold, ambitious, and a bit inexplicable. “For every person online, there are two that are not,” wrote the co-author of the book The New Digital Age. “By the end of the decade, everyone on Earth will be connected.” Commenters were flummoxed by Schmidt’s prediction. […]
Sears Turning Shuttered Stores Into Data Centers
May 23rd, 2013Via: Data Center Knowledge: Will blinking blue lights of servers soon fill the aisles that previously offered the Blue Light Special? Sears Holdings has formed a new unit to market space from former Sears and Kmart retail stores as a home for data centers, disaster recovery space and wireless towers. With the creation of Ubiquity […]
NIKKEI 225 DOWN 7.32%
May 23rd, 2013Via: Los Angeles Times: Wall Street followed Europe in a broad sell-off following a 7.3% overnight plunge in Japan’s stock market. … Weak Chinese manufacturing data helped send Japan’s Nikkei down 1,143.28 points, or 7.3%, to 14,483.98. The drop was reportedly the worst percentage loss since the country’s March 2011 earthquake and ensuing tsunami. Related: […]
The Robot-Driven Data Center of Tomorrow
May 23rd, 2013Via: Data Center Knowledge: There is an evolution happening within the modern data center. Huge data center operators like Google and Amazon are quietly redefining the future of the data center. This includes the integration of robotics to create a lights-out, fully automated data center environment.
