Archive for the 'Economy' Category
Briton Killed After Threat to Expose Overseas Financial Dealings of Chinese Politician’s Wife
April 16th, 2012Via: Reuters: The British businessman whose murder has sparked political upheaval in China was poisoned after he threatened to expose a plan by a Chinese leader’s wife to move money abroad, two sources with knowledge of the police investigation said. It was the first time a specific motive has been revealed for Neil Heywood’s murder […]
Cost of Insuring Spanish Debt Rises to Record
April 16th, 2012Via: Reuters: Spanish 10-year government bond yields broke above 6 percent for the first time this year on Monday as concerns over the country’s ability to keep its finances under control pushed debt markets back into “crisis mode”. Spanish yields were expected to rise further towards the panic-triggering 7 percent level beyond which debt costs […]
Google’s Sergey Brin: Web Freedom Faces Greatest Threat Ever
April 16th, 2012You know that we’re in deep shit when Sergey Brin sounds like he’s been reading Cryptogon. Via: Guardian: The principles of openness and universal access that underpinned the creation of the internet three decades ago are under greater threat than ever, according to Google co-founder Sergey Brin. In an interview with the Guardian, Brin warned […]
Ikea Burbclave Going Up Outside London
April 15th, 2012Via: The Week: The Swedish furniture company will begin focusing on more than just home interiors as it designs and builds a residential area outside of London Ikea is truly expanding its horizons with its next project. Instead of designing bookcases and chairs, the Swedish furniture company is making a whole neighborhood. Its property-developing unit, […]
Tax Refunds Being Used to Pay for Bankruptcy Filings
April 14th, 2012Via: USA Today: Some Americans spend their tax refunds on high-tech gadgets and long-awaited vacations. Others use the cash to file for bankruptcy. More than 200,000 money-strapped households will use their tax refunds this year to pay for bankruptcy filing and legal fees, says a new study by the National Bureau of Economic Research. The […]
London Data Center Readies Staff ‘Sleeping Pods’ for Olympics
April 12th, 2012So now it’s sleeping capsules in data centers. Wow. You may or may not know what a data canter sounds like. If not, here’s a one minute introduction. Hopefully, those cozy sleeping capsules come with hearing protection. I wonder what IT people will be willing to tolerate in another six years? Via: Data Center Knowledge: […]
Huddles: Goldman to Pay $22 Million to Settle SEC, FINRA Charges
April 12th, 2012Via: Reuters: The case stems from a practice at Goldman that came to light several years ago known as “huddles,” where stock research analysts met with the firm’s traders to share their best trading ideas. Those ideas were then passed along to preferred clients.
‘Proposed ‘Natural Health Products Bill’ in New Zealand Would Fine Individuals $50,000 for Making a Cup of Unapproved Herbal Tea’
April 12th, 2012I tried to determine if one could theoretically wind up on the wrong side of this thing for producing, for example, one’s own chamomile tea. The following is from Natural Health Products Bill 324-1: Manufacture of natural health products 28 Licence to manufacture natural health products (1) A person must not manufacture a natural health […]
Royal Canadian Mint to Create Digital Currency
April 12th, 2012It’ll be anonymous, will it? So people will be using smartphones, which amount to the most awesome goddamned deployment of mass surveillance technologies in history, to anonymously buy and sell things? Don’t look at me. I just work here. Via: TheStar: The Royal Canadian Mint wants to get rid of pocket change — and it’s […]
Tobacco Farmers Claim Monsanto, Philip Morris and Other U.S. Tobacco Giants Knowingly Poisoned Them, Causing “Devastating Birth Defects” in Their Children
April 11th, 2012Via: Courthouse News Service: Monsanto, Philip Morris and other U.S. tobacco giants knowingly poisoned Argentinean tobacco farmers with pesticides, causing “devastating birth defects” in their children, dozens of workers claim in court. The farmers, on their own behalf and for their injured children, sued Altria Group fka Philip Morris Cos., Philip Morris USA, Carolina Leaf […]
