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Business/Economy (News/Activism)

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  • Theresa May's Brexit deal: everything you need to know

    11/18/2018 5:57:32 AM PST · by iowamark · 2 replies
    The Guardian ^ | Nov 15 2018 | Jon Henley
    Two and a half years after Britain voted to leave the EU, the UK cabinet on Wednesday night backed the text of the draft withdrawal agreement drawn up by British and European negotiators – but with a series of ministerial resignations already on Thursday, the fallout has already begun. Here is a non-exhaustive guide to what the agreement broadly says, which parts of it are proving controversial (and why), how likely the prime minister now is to get it through parliament, and what could happen next. What is the withdrawal agreement? Think of it as the separation agreement between the...
  • PETER HITCHENS: Lets face it...we're a small, debt-ridden country nobody cares about

    11/18/2018 5:55:34 AM PST · by Nextrush · 27 replies
    DailyMail.com ^ | 11/17/2018 | Peter Hitchens
    For far too long we in this country have thought we were richer, more powerful and, in general, better than we actually are. Now we find out the hard truth, exposed in all its gloomy detail by the EU talks. Will we learn the necessary lesson, or will we prefer our precious illusions? I can just remember in the mists of my childhood memory the 1956 Suez crisis, the feeling of panic and humiliation in the air. In that year, too many of us continued to imagine we were more important than we were. The Americans wasted no time in...
  • France Prepares to Get Tough on Firms That Pay Women Less

    11/18/2018 5:55:13 AM PST · by reaganaut1 · 7 replies
    Wall Street Journal ^ | November 18, 2018 | Noemie Bisserbe
    PARIS—France is preparing to fine companies that underpay women, a novel attempt to narrow the gender pay gap. Starting on Jan. 1, firms will be required under a new law to report how much they pay women compared with men, using a range of government-approved metrics. Companies with pay gaps will have three years to fix them or face a fine of up to 1% of their total payroll. The idea of policing pay equity is an unusually strict approach, even among countries that have turned up pressure on firms to bridge the divide. Over the past decade, the U.S....
  • Xi Jinping, Mike Pence trade barbs over trade war at Apec summit (trunc)

    11/18/2018 4:21:20 AM PST · by be-baw · 3 replies
    South China Morning Post ^ | November 17, 2018 | Kinling Lo, Lee Jeong-ho, Bhavan Jaipragas
    Full Title: Xi Jinping, Mike Pence trade barbs over trade war at Apec summit while selling visions for regional cooperation Protectionism solves nothing, confrontation produces no winners, Chinese president tells assembled leaders China has taken advantage of America ‘for many, many years and those days are over’, US vice-president says Chinese President Xi Jinping and US Vice-President Mike Pence traded barbs at the Asia-Pacific Economic Cooperation summit in Papua New Guinea on Saturday, with each laying the blame for the trade war and growing geopolitical rivalry at the other’s doorstep, while also seeking to sell their vision of a regional...
  • Generative adversarial network produces a "universal fingerprint" that will unlock many smartphones

    11/18/2018 3:57:10 AM PST · by vannrox · 10 replies
    boingboing ^ | 18NOV18 | editorial staff
    Generative adversarial network produces a "universal fingerprint" that will unlock many smartphones Researchers at NYU and U Michigan have published a paper explaining how they used a pair of machine-learning systems to develop a "universal fingerprint" that can fool the lowest-security fingerprint sensors 76% of the time (it is less effective against higher-security sensors). The researchers used "generative adversarial networks" (GAN) to develop their attack: this technique uses a pair of machine learning systems, a "generator" which tries to fool a "discriminator," to produce a kind of dialectical back-and-forth in that creates fakes that are harder and harder to...
  • Facebook investors call on Mark Zuckerberg to resign as chairman following damaging report

    11/17/2018 6:31:09 PM PST · by bitt · 46 replies
    telegraph.co.uk ^ | 11/16/2018 | James Cook
    Facebook investors have called on the company’s chief executive Mark Zuckerberg to step down as chairman, following reports that the company hired a public relations firm to smear its critics by drawing links to George Soros. The attack on Mr Zuckerberg is set to complicate the daunting challenge facing Sir Nick Clegg, Facebook's new global head of policy and communications, who joined last month and has been asked to conduct a review of Facebook's use of lobbying firms. Jonas Kron, a senior vice president at Trillium Asset Management, a US investor which owns an £8.5m stake in Facebook, last night...
  • Trump cites ‘total devastation’ in Paradise, pushes plan to thin forests

    11/17/2018 5:30:20 PM PST · by Mariner · 41 replies
    The Sacramento Bee ^ | November 17th, 2018 | By Alexei Koseff And Dale Kasler
    PARADISE - President Donald Trump toured the damage wrought by California’s deadliest wildfire Saturday, visiting the ruins of a mobile home park and pressing his argument that the state’s forests must be managed more aggressively to prevent future disasters. With the death toll from the Camp Fire at 71 and rising, Trump met with Paradise Mayor Jody Jones and toured the charred wreckage of the Skyway Villa Mobile Home and RV Park. They passed a destroyed home where someone had hung an American flag, and picked their way past a downed streetlamp and other debris. Bits of ash floated in...
  • 'It's a ghost page': EPA site's climate change section may be gone for good

    11/02/2018 8:21:49 AM PDT · by Oldeconomybuyer · 24 replies
    The Guardian ^ | November 2, 2018 | by Oliver Milman
    More than a year after the US Environmental Protection Agency took down information on climate change from its website for an “update”, it now seems uncertain whether it will ever reappear. In April last year, the EPA replaced its online climate change section with a holding page that said the content was being updated to “reflect the agency’s new direction under President Donald Trump”. Information previously found at epa.gov/climatechange made it clear that human activity was warming the planet, resulting in harm to Americans’ health as well as crucial ecosystems on which humans depend. The “update” page has now given...
  • Romney signals anti-warming push

    11/17/2018 4:31:50 PM PST · by House Atreides · 97 replies
    Ev&bE News ^ | Hannah Northey and Geof Koss
    Utah Sen.-elect Mitt Romney signaled he may focus on climate change when he's sworn in in January. In a brief interview with E&E News yesterday, the former Republican presidential nominee said he sees climate change as a "critical area." ....snip Last year, Romney told college students in St. Louis that he was "concerned about the anti-scientific attitude" expressed by some of his Republican colleagues and that he was convinced humanity has played a part in global warming (Climatewire, Oct. 3). "I happen to believe that there is climate change, and I think humans contribute to it in a substantial way,...
  • Trump tours Paradise area, calls wildfire a ‘really bad one’

    11/17/2018 4:19:04 PM PST · by Mariner · 24 replies
    Associated Press ^ | November 17th, 2018 | By JONATHAN LEMIRE
    PARADISE, Calif. (AP) — From the ashes of a mobile home and RV park, President Donald Trump said Saturday he came to the heart of California’s killer wildfire to fully grasp the scale of the desolation wrought on the landscape. “We’re going to have to work quickly. ... Hopefully this is going to be the last of these because this was a really, really bad one,” said the president, standing amid the crumpled foundations of homes and twisted steel of melted cars. “I think everybody’s seen the light and I don’t think we’ll have this again to this extent,” Trump...
  • Breitbart News Saturday

    11/17/2018 2:14:16 PM PST · by Pelham · 3 replies
    Breitbart on soundcloud ^ | November 17, 2018 | Breitbart interviews
    audio interviews Rep Brian Babin Charlie Spiering Boris Ephsteyn Michael Patrick Leahy John Carney Neil Munro
  • Trump talks about thinning forests as he arrives in Paradise, tours Camp Fire devastation

    11/17/2018 12:33:57 PM PST · by HereInTheHeartland · 68 replies
    "President Donald Trump landed in Northern California Saturday to tour the damage wrought by the state’s worst-ever wildfire, pressing his argument that the state’s forests must be managed more aggressively to prevent future disasters."
  • Jeff Bezos: ‘Amazon Will Fail, Amazon Will Go Bankrupt’

    11/16/2018 5:34:46 PM PST · by E. Pluribus Unum · 70 replies
    Breitbart ^ | 16 Nov 2018 | Charlie Nash
    In a recorded company meeting, Amazon founder and CEO Jeff Bezos declared, “One day Amazon will fail. Amazon will go bankrupt.” “Amazon is not too big to fail… In fact, I predict one day Amazon will fail. Amazon will go bankrupt,” Bezos declared in the internal meeting, according to CNBC. “If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years.” “If we start to focus on ourselves, instead of focusing on our customers, that will be the beginning of the end,” he continued. “We have to try and delay that day for as...
  • Accept EU deal or face 'economic disaster', French minister warns Britain's Brexiteers

    11/16/2018 5:07:13 PM PST · by Olog-hai · 19 replies
    TheLocal.fr ^ | 16 November 2018 11:23 CET+01:00 | AFP/The Local
    French Economy Minister Bruno Le Maire said Friday that Brexit advocates must choose between accepting the deal negotiated by London and Brussels for leaving the EU or risk “economic disaster” and blasted “a number of lying politicians in Britain”. “The choice now faced by British political leaders who have advocated Brexit is to renounce their absurd political promise or face economic disaster, with the British people the main victims,” Le Maire said at a Paris forum on reforming the World Trade Organization. “What does Brexit demonstrate? It shows that leaving the common European market has an exorbitant economic cost,” he...
  • After the Retail Apocalypse, Prepare for the Property Tax Meltdown

    11/16/2018 4:48:13 PM PST · by Zhang Fei · 12 replies
    CityLab ^ | Nov 14, 2018 | Laura Bliss
    WEST BEND, WI—Kraig Sadownikow doesn’t look like an anti-corporate crusader. The mayor of West Bend, Wisconsin, stickers his pickup with a “Don’t Tread on Me” snake on the back window, a GOP elephant on the hitch, and the stars-and-stripes logo of his construction company across the bumper. His fiscal conservatism is equally well billboarded: In the two hours we spent at City Hall and cruising West Bend in his plush truck, Sadownikow twice mentioned the 6 percent he has shaved off the Wisconsin city’s operating budget since becoming mayor in 2011, and stressed its efforts to bring more business to...
  • Output Soars Even at U.S. Manufacturers That Make Stuff from Tariffed Steel and Aluminum

    11/16/2018 11:38:01 AM PST · by MaxistheBest · 23 replies
    Brietbart ^ | 11/16/2018 | John Carney
    Tariffs on steel and aluminum are not slowing down most American manufacturers that use the metals in production, defying forecasts that the higher duties would hit metals-using businesses hard. There have been many anecdotal reports of strains put on metals using business from the tariffs but the data do not support the idea that these are significant in aggregate. If anything, the tariffs have been accompanied by rising output and rising demand for productive capacity. Fabricated metals products output rose 0.2 percent in October, the third consecutive monthly gain, according to data released by the Federal Reserve Friday. For the...
  • DMV OKs fully driverless vehicle testing on Silicon Valley streets (California)

    11/16/2018 7:10:04 AM PST · by ProtectOurFreedom · 41 replies
    Los Altos Town Crier ^ | 10/30/18 | Megan V. Winslow
    The California Department of Motor Vehicles on Tuesday, October 30 granted Waymo a permit allowing the autonomous vehicle company to begin fully driverless testing on Silicon Valley streets, including in Los Altos, Los Altos Hills and Mountain View.Sixty companies are currently permitted in California to test autonomous vehicles with a “safety driver” beside the wheel, but Tuesday's announcement makes Mountain View-based Waymo the first to secure clearance for truly driverless testing, according to the DMV. “It gives us the ability to remove someone from the driver’s seat,” said Alexis Georgeson of Waymo Corporate and Policy Communications. In addition to Los...
  • Stormy Daniels says Avenatti accusations are ‘very troubling’

    11/15/2018 8:03:16 PM PST · by Eddie01 · 39 replies
    Fox News ^ | Nov. 15, 2018 | Elizabeth Zwirz
    In the wake of domestic violence charges filed against Michael Avenatti, his client, adult film star Stormy Daniels, cautioned Thursday against jumping to conclusions while also adding that she’ll find a new attorney if the accusations are found to be accurate. [snip] “These are serious and obviously very troubling allegations, but right now that is all they are: allegations,” Daniels told the outlet. “We should all reserve judgment until the investigation—an investigation Michael has said he welcomes—is complete, and that’s what I’m going to do." “But of course I do not condone violence against women and if these allegations prove...
  • More than 140 Camp Fire evacuees at shelters have had norovirus, some ‘acutely ill’

    11/15/2018 6:33:20 PM PST · by Mariner · 13 replies
    The Sacramento Bee ^ | November 15th, 2018 | By Theresa Clift
    More than 140 Camp Fire evacuees at four different shelters have had norovirus symptoms due to an outbreak, while 41 are currently experiencing symptoms, according to Butte County Public Health Department. Twenty-one people staying at Neighborhood Church in Chico; 31 at Oroville Church of the Nazarene; 9 at Butte County Fairgrounds, and one at East Avenue Church in Chico had symptoms Thursday, according to a Butte County Public Health Department news release. About 179 people are staying at Neighborhood Church; 352 are at Oroville Church; 142 are at Butte County Fairgrounds in Gridley, and 200 are at East Avenue Church...
  • Bernie Sanders rolls out ‘Stop WALMART Act’ that would block stock buybacks until retailer raises

    11/15/2018 3:05:49 PM PST · by Sub-Driver · 37 replies
    Bernie Sanders rolls out ‘Stop WALMART Act’ that would block stock buybacks until retailer raises pay Published: Nov 15, 2018 4:21 p.m. ET Legislation aims to prohibit big employers from repurchasing shares until they adopt a $15-an-hour minimum wage After his Stop BEZOS Act appeared to help spur Amazon to raise pay for its workers, Sen. Bernie Sanders launched a similar effort Thursday that targets Walmart. The Stop WALMART Act — introduced by both the Vermont independent and Rep. Ro Khanna, a California Democrat — would block big employers from buying back stock unless they pay all employees $15 an...