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Business/Economy (News/Activism)

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  • Lower Salford residents, officials raise concerns with turnpike construction

    01/16/2019 11:12:58 PM PST · by Tolerance Sucks Rocks · 1 replies
    The Souderton Independent ^ | November 26, 2018 | Bob Keeler
    LOWER SALFORD — There are times when Cassel Road should be closed down because of the mud on the road from the work to widen the Northeast Extension of the Pennsylvania Turnpike, Lower Salford Township Board of Supervisors member Phil Heilman said at the board's Nov. 21 morning work session. He drove on the road on a recent day, he said. "It was solid mud," he said. Heilman said he was driving behind another vehicle. "His car was chocolate, just like mine," Heilman said. "We gotta keep an eye on that." Police Chief Tom Medwid said officers are checking on...
  • Twitter: San pay the salaries of about 500 TSA employees

    01/16/2019 6:36:10 PM PST · by NohSpinZone · 17 replies
    Twitter ^ | 1/16/19 | Scott Budman
    @scottbudman #Update: San Jose says it will move forward with a plan to pay the salaries of about 500 TSA employees at @FlySJC during the government shutdown. The money would be an interest-free loan to be payed back after the government re-opens.
  • Life-threatening blizzard to pummel Sierra Nevada: 'Zero visibility in whiteout conditions'

    01/16/2019 5:00:25 PM PST · by Mariner · 57 replies
    The San Francisco Chronicle ^ | January 16th, 2019 | By Amy Graff
    A colossal storm is poised to barrel across the northern Sierra Nevada Wednesday evening, with high winds whipping heavy falling snow and creating blizzard conditions. The National Weather Service advised against all travel in the mountain range straddling California and Nevada through Thursday. "I would call this storm extremely dangerous," said Karleisa Rogacheski, a meteorologist with the NWS Sacramento office. "During whiteout conditions, it's going to be near-impossible to drive." The NWS has issued a winter storm warning for elevations between 5,500 feet and 6,500 and a blizzard warning for elevations above 7,o00 feet, where conditions will be "potentially life-threatening"...
  • The U.S. Economy and ‘Neighbor Envy’

    01/16/2019 3:07:10 PM PST · by RightGeek · 4 replies
    WSJ (Paywall) ^ | 1/16/2019 | James Freeman
    That uneasy feeling when you realize a rival has a more competitive tax rate. This could get awkward. Former Obama economic advisers who claimed tax reform wouldn’t work have been miserable enough watching U.S. growth defy their predictions. Now they may have to watch other countries repeat the U.S. success as governments overseas consider lowering their corporate income tax rates. “We expect to see a wave of global fiscal policy in 2019,” writes Dan Clifton of Strategas Research in a note to clients. “There is a global race for capital taking place and with non-US growth slowing, voters are unhappy....
  • Huawei Technologies Linked to Chinese Communist Party, Intelligence Services

    01/16/2019 2:48:17 PM PST · by Zhang Fei · 5 replies
    Washington Free Beacon ^ | January 16, 2019 5:00 am | Bill Gertz
    Huawei Technologies, the global telecommunications giant at the center of an international diplomatic battle, is a major target in the Trump administration's campaign to halt China's theft of American technology. U.S. intelligence agencies have linked the company to both the Chinese military and civilian intelligence services and the Justice Department is now seeking to prosecute the company's chief financial officer, Meng Wanzhou, for violating American sanctions law. Meng, also known as Cathy Meng and Sabrina Meng, is wanted by the FBI for her role in a scheme to illicitly move hundreds of millions of dollars for Iran through a Huawei...
  • Judge rejects citizenship question for 2020 U.S. census.

    01/16/2019 1:51:57 PM PST · by carriage_hill · 33 replies
    THOMSON REUTERS FOUNDATION News ^ | 1/15/2019 | Nick Brown and Jonathan Stempel
    NEW YORK, Jan 15 (Reuters) - A federal judge on Tuesday invalidated the Trump administration's addition of a U.S. citizenship question to the 2020 census, the first ruling in a handful of lawsuits that claim the query will hurt immigrants. U.S. District Judge Jesse Furman in Manhattan said Commerce Secretary Wilbur Ross concealed his true motives in adding the question last March. Ross had said the question - which has not appeared on the decennial census since 1950 - was necessary to enforce federal laws protecting eligible voters. Furman's decision will almost certainly be appealed, and could wind up before...
  • Venezuela's Maduro hikes minimum wage 300 percent

    01/16/2019 1:15:49 PM PST · by Oldeconomybuyer · 49 replies
    Reuters ^ | January 14, 2019 | by Brian Ellsworth
    CARACAS - Venezuelan President Nicolas Maduro raised the minimum wage by 300 percent to 18,000 bolivars per month, around $6.70, as part of routine wage hikes in an economy suffering from annual inflation approaching 2 million percent.
  • Democrats introduce bill to hike federal minimum wage to $15 per hour

    01/16/2019 1:08:18 PM PST · by Oldeconomybuyer · 41 replies
    CNBC ^ | January 16, 2019 | by Jacob Pramuk (D-CNBC)
    Democrats introduced a bill Wednesday to gradually raise the federal minimum wage to $15 per hour, a long-shot plan that comes as the party tries to bill itself as a champion of the working class. The proposal to hike the U.S. wage floor from the current $7.25 will likely fail in the GOP-held Senate even if it gets through the Democratic-controlled House. However, the new House Democratic majority sees the measure as a message that it wants to lift low-wage workers and boost the economy — and an effort to focus on its policy priorities amid the longest government shutdown...
  • Vote Will Decide If Marin’s Dixie School District Changes Its Name

    01/16/2019 1:05:03 PM PST · by NohSpinZone · 13 replies
    CBS Bay Area ^ | 1/15/19 | By Melissa Caen
    Concerned citizens submitted 12 petitions to change the name of the Dixie School District in Marin County. The district Board of Trustees now has 40 days to vote “yes” or “no” on the proposals. California state law requires a governing school board to consider any proposal for a name change put forth by fifteen voters in a school district. (California Education Code 35001.) On Wednesday night, the Board of Trustees will discuss the process of considering the petitions and will hear a presentation on the potential costs to change the district’s name on signs and other materials. The Superintendent estimates...
  • NYC restaurants cutting staff hours as minimum wage hits $15

    01/16/2019 12:55:45 PM PST · by Oldeconomybuyer · 48 replies
    CBS "News" ^ | January 16, 2019 | By Megan Cerullo (D-CBS)
    The legal minimum wage for New York City employers with 11 or more workers rose more than 15 percent on Dec. 31, 2018, to $15 per hour from $13, giving fast-food, retail and other employees a bump in pay. But some New York City restaurant owners say the latest minimum wage hike is forcing them to cut workers' hours just to stay afloat. It's the third rise in the city's base wage since Dec. 31, 2016, when it went to $11 an hour. The latest increase is part of a plan that phases in minimum wage hikes across New York...
  • Venezuela children left behind as parents flee to find work abroad

    01/16/2019 10:54:03 AM PST · by yandexja · 5 replies
    Reuters ^ | JANUARY 16, 2019 | Shaylim Castro
    Yusneiker and Anthonella have been living with their grandmother since their father left Venezuela and its collapsing economy last year for Peru, to try and earn enough to feed them. Two years earlier, their mother fled for the Dominican Republic for the same reason. Yusneiker, 12, and Anthonella, 8, are eating better thanks to hard currency remittances from their parents, according to their grandmother Aura Orozco, who is grateful for the dollars that offer a reprieve from Venezuela’s annual inflation of nearly 2 million percent. Still, she said, they miss their parents. When they fall sick, they clamor for their...
  • ROGUE AI Alexa DOWN – Amazon helper stopped working, ‘ignored users’ and wouldn’t turn off

    01/16/2019 10:53:24 AM PST · by Red Badger · 39 replies ^ | 16th January 2019, 9:20 am Updated: 16th January 2019, 3:00 pm | By Sean Keach, Digital Technology and Science Editor
    The artificial intelligence has gone rogue ==================== AMAZON'S virtual assistant Alexa stopped working for some users around the world on Wednesday morning. The mysterious outage meant that Alexa – typically controlled by voice – was "ignoring" user requests. AMAZON'S virtual assistant Alexa stopped working for some users around the world on Wednesday morning. The mysterious outage meant that Alexa – typically controlled by voice – was "ignoring" user requests. Outage tracker Down Detector received hundreds of reports about Alexa not working at around 8am UK time – and was resolved about an hour later. Most of the reports were related...
  • Craft beer taps squeezed as shutdown delays new releases

    01/16/2019 10:13:46 AM PST · by Red Badger · 57 replies ^ | January 16, 2019 — 7:43am | By IVAN MORENO
    MILWAUKEE — The nation's craft beer taps are being squeezed by the government shutdown, which has put new releases on hold, prevented new breweries from opening and stopped shipments of some suds across state lines. The partial shutdown halted operations at the federal agency that regulates alcohol production and distribution. That means government employees can't issue the permits needed for the beer to flow. "I've been joking with people that if you're going to want a new beer coming out pretty soon, you're going to have to drink your brother-in-law's home brew," said Russ Klisch, founder and president of Lakefront...
  • Trump feels shutdown pressure from economists, Nancy Pelosi

    01/16/2019 10:09:57 AM PST · by Red Badger · 34 replies ^ | 01/16/2018 | By CATHERINE LUCEY, JILL COLVIN and LISA MASCARO
    Shutdown pressure on President Donald Trump mounted Wednesday as House Speaker Nancy Pelosi called on him to delay his State of the Union address and his own economists acknowledged the prolonged standoff was having a greater economic drag than previously thought. In a letter to Trump, Pelosi cited security concerns, noting that both the Secret Service and the Homeland Security Department are affected by the partial government shutdown, now it its fourth week. She added that unless the government reopens this week, they should find another date — it's now Jan. 29 — or Trump should deliver the address in...
  • Roku removes Alex Jones' Infowars channel after backlash

    01/16/2019 7:52:08 AM PST · by Coronal · 58 replies
    Business Insider ^ | January 16 2019 | Meira Gebel
    Roku will no longer include the controversial show Infowars, hosted by right-wing conspiracy theorist Alex Jones, on its platform, the company said in a statement on Twitter Tuesday night. The move comes less than 24 hours after the company initially defended its choice to include the channel, saying in a statement to Digiday that the channel did not violate terms of use and it does "not curate or censor based on viewpoint."
  • California: Record Spending as Tax Revenue Collapses by $5 Billion

    01/16/2019 6:13:26 AM PST · by artichokegrower · 51 replies
    American Thinker ^ | January 16, 2019 | Chriss Street
    As California Gov. Gavin Newsom announced plans for a record $144.2 billion spending plan, the State Controller quietly reported a $4.82 billion collapse of state tax revenues.
  • To Catch a Predator host Chris Hansen is charged with bouncing checks

    01/16/2019 8:23:16 AM PST · by TigerClaws · 39 replies
    “To Catch a Predator” host Chris Hansen has been charged with issuing bad checks and failing to pay thousands of dollars to a vendor for marketing materials. Hansen, 59, of Shippan, Connecticut, turned himself into police over the bounced checks on Monday and was charged with "issuing a bad check," Stamford Police told Fox News. He was released without bond and signed a PTA or a promise to appear in court, police said. A Message from Sponsored video Watch to learn more Hansen reportedly asked Peter Psichopaidas, the owner of Promotional Sales LTD, for mugs, decals and T-shirts for...
  • China is losing the trade war in nearly every way.

    01/16/2019 8:00:32 AM PST · by dynoman · 30 replies
    Forbes ^ | 1-14-19 | Kenneth Rapoza
    China is still the world’s No. 2 economy and is still the monster of emerging markets, but regardless of those bonafides, Xi Jinping’s country is losing the trade war in nearly every way imaginable.
  • Surprise: The Genius behind the man-hating Gillette ad is a radical feminist

    01/16/2019 7:11:35 AM PST · by SeekAndFind · 75 replies
    American Thinker ^ | 01/16/2019 | DC Larson
    In recent days, many online essays have rightly ripped apart Gillette's ugly new "We Believe" advertisement.  One online critic dubbed it "feel-bad liberalism." Carpentered by Grey Advertising for Proctor and Gamble's razors company, it does not detail product attributes, encourage brand loyalty, instill warm feelings in buyers, or even show basic respect for consumers.  Instead, the grimly lecturing spot declares masculinity itself toxic, a peril to decent society. "Is this the best a man can get?  Is it?" asks the painfully serious narrator, as a wrongdoing slideshow passes by.  "We can't hide from it.  It's been going on far too...
  • Surging oil output will push US towards energy independence in 2020, Dept of Energy says

    01/16/2019 6:48:20 AM PST · by Hojczyk · 19 replies
    Yahoo Finance ^ | January 15,2019 | Tom DiChristopher
    The Department of Energy forecasts U.S. oil production will jump from 10.9 million barrels per day in 2018 to 12.9 million bpd in 2020. The same year, the nation will start exporting more crude oil and fuel than it imports, the agency says. Natural gas output is also seen hitting new all-time highs. The U.S. will make major strides towards energy independence in the next two years as oil production and exports hit new highs, according to the Department of Energy. U.S. oil production, already at an all-time high this year, will increase by another 2 million barrels per day...