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Business/Economy (General/Chat)

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  • Ask Emily: Bouncing between Medi-Cal and Covered California

    04/20/2015 8:14:54 PM PDT · by nickcarraway · 3 replies
    Los Angeles Daily News ^ | 04/19/15 | Emily Bazar
    Many Californians with Covered California or Medi-Cal hover near the intersection where the two programs meet. When their incomes fluctuate, however, that “hover” can turn into a “bounce.” State officials say the transition between Covered California and Medi-Cal is supposed to be “seamless,” but in reality, moving from one to the other sometimes puts Californians’ health coverage — and their health — at risk. “There’s not a seamless transition. There’s not someone helping them figure out who to call or how to navigate the system,” said Jen Flory, senior attorney at the Western Center on Law and Poverty. “Frankly, it’s...
  • TidBITS Hits a Quarter Century of Internet Publishing

    04/20/2015 7:07:44 PM PDT · by Star Traveler · 2 replies
    TidBITS ^ | Monday, April 20, 2015 | Adam C. Engst
    TidBITS was initially Tonya’s idea. In April of 1990, I was doing Mac consulting in Ithaca, and Tonya was working for Cornell Information Technologies, helping members of the Cornell community evaluate and purchase Macs, PCs, NeXT machines, and a wide variety of peripherals. Some of her colleagues had been there for a while and didn’t seem excited about recent innovations in technology, like affordable printers that provided the WYG in WYSIWYG or NeXT computers with their unusual mix of power and graphics. So Tonya came up with the idea of writing a weekly newsletter for her coworkers that would summarize...
  • Every Version of Windows Is Affected By This Vulnerability – What You Can Do About It

    04/20/2015 5:35:14 PM PDT · by dayglored · 23 replies
    MakeUseOf ^ | April 16, 2015 | Christian Cawley
    IMPORTANT -- This thread is a followup to http://www.freerepublic.com/focus/f-chat/3278876/posts - New Redirect to SMB Flaw in all Windows versions including Windows 10. It contains a list of the specific software packages affected, and there are a LOT of them. What would you say if we told you that your version of Windows is affected by a vulnerability that dates back to 1997? You’d laugh, right? Surely, after all, Microsoft would have patched the fault prior to releasing Windows 98, or at the latest, Windows 2000? Well, not quite. This Redirect to SMB vulnerability has its roots in the identically-named attack...
  • Here's what you can do on the Apple Watch without your iPhone

    04/20/2015 3:22:57 PM PDT · by Swordmaker · 145 replies
    CNet News ^ | Thursday April 9, 2015 | by Mitchel Broussard
    he Apple Watch is, first and foremost, an iPhone accessory. It might be even more than that eventually, a truly independent gadget, but a vast majority of its current core functions -- making calls, sending messages, getting information, even playing any third-party games -- require your iPhone to be on, have Internet service, and be paired with the Watch via Bluetooth or a shared Wi-Fi network. If you're thinking about getting one, make sure you know that. It requires an iPhone 5 or later, and it can't even be set up without one. Still, the Apple Watch can do a...
  • Complaint Review: Matrix Medical Network [Rip off report/Queries]

    04/20/2015 2:35:01 PM PDT · by Usagi_yo · 6 replies
    Ripoff Report ^ | 6/20/2013 | Anonymous
    Please skip to comments. The headline explains it best.
  • AMD CEO Says Windows 10 Will Launch ‘At The End Of July’ [Can Microsoft Pull it off?]

    04/20/2015 1:33:32 PM PDT · by SeekAndFind · 33 replies
    Tech Crunch ^ | 04/20/2015 | Alex Wilhelm
    Buried in the question-and-answer section of AMD’s earnings call this past Friday was an interesting note on the release timing of Windows 10. According to AMD CEO Lisa Su, Windows 10 should be released in late July.In response to a question regarding its channel inventory, Su said the following: What we also are factoring in is, you know, with the Windows 10 launch at the end of July, we are watching sort of the impact of that on the back-to-school season, and expect that it might have a bit of a delay to the normal back-to-school season inventory build-up. TechCrunch...
  • Some Coastal Communities May Not Have Time for Tsunami Evacuation

    04/20/2015 10:26:21 AM PDT · by JimSEA · 27 replies
    USGS ^ | 4/13/2015 | Leslie Gordon
    PORTLAND, Ore. — Tens of thousands of people along the U.S. Pacific Northwest coastline may not have enough time to evacuate low-lying areas before tsunami waves arrive, according to a new publication by researchers at the U.S. Geological Survey, University of Colorado Boulder, and California State University, Sacramento. “All coastal communities in the U.S. Pacific Northwest are vulnerable to varying degrees to tsunami hazards from a Cascadia subduction zone earthquake,” said Dr. Nathan Wood, lead author of the study and scientist with the USGS. “Having a better sense of how a community is specifically vulnerable provides officials with the ability...
  • Jon Corzine Considers Launching Hedge Fund

    04/19/2015 6:08:44 PM PDT · by Reverend Wright · 33 replies
    Wall Street Journal ^ | April 19, 2015 7:05 p.m. ET | By JULIE STEINBERG and ROB COPELAND
    Jon S. Corzine, the embattled former MF Global Holdings Ltd. chief executive and ex-chairman of Goldman Sachs Group Inc., has discussed plans to start his own hedge fund in recent months, according to people familiar with the matter. The fund would start with cash from Mr. Corzine’s personal wealth and a handful of outside investors. Mr. Corzine said he had been speaking with about a half-dozen potential investors, and projected around $150 million in assets under management, one of the people said. The plans are tentative and could evolve or fall apart in coming months. But a launch would mark...
  • Apple Watch: An Overnight Multi-Billion Dollar Business

    04/19/2015 5:26:04 PM PDT · by Swordmaker · 78 replies
    Carl Howe blog ^ | Posted on April 16, 2015 | By Carl Howe
    It was just three years in the making Quick look Here’s the quick summary for those of you who don’t have time to read the next 3,000 words. The Apple Watch went on sale for pre-orders on April 10, 2015, and the Apple Store tells us that delivery dates for all orders now stretch into summer and beyond. We know that the initial production run of Apple Watch has sold out; what we don’t know is how many Apple Watches that represents. I’ve built a simple model that predicts that the initial run of watches was more than 3 million...
  • A veil of secrecy shields hospitals where outbreaks occur

    04/19/2015 3:50:16 PM PDT · by afraidfortherepublic · 5 replies
    LA Times ^ | 4-18-15 | Melody Petersen
    The cardiac surgeon had unknowingly spread a staph infection from the rash on his hand to the hearts of at least five patients by the time Los Angeles County health investigators learned of the outbreak. The doctor had operated on more than 60 others in recent months, and county officials feared those patients could be struck with the same dangerous infection. Investigators didn't ultimately tie any deaths to the 2012 outbreak, but four patients needed additional surgery because of the infection. The only public mention of the case came a year later in a little-noticed appendix to the health department's...
  • Musk blames SpaceX rocket landing FAIL on lazy 'throttle valve response'

    04/19/2015 2:52:20 PM PDT · by BenLurkin · 47 replies
    theregister.co.uk ^ | Kelly Fiveash
    Billionaire biz baron Elon Musk has revealed a few more details about why SpaceX's latest attempt to land a rocket in one piece at sea had failed. The Register reported on the drama as it unfolded on Tuesday. Once again, Falcon 9 successfully launched the capsule payload to 'nauts on the International Space Station, only for the rocket to hit the "just read the instructions" deck hard on its shaky return to Earth.
  • This List of Senior Discounts for People Over 50...

    04/19/2015 10:31:42 AM PDT · by Islander7 · 49 replies
    MOGUL ^ | April 19, 2015 | Steve Herman
    RESTAURANTS: Applebee's: 15% off with Golden Apple Card (60+) Arby's: 10% off ( 55 +) Ben & Jerry's: 10% off (60+) Bennigan's: discount varies by location (60+) Bob's Big Boy: discount varies by location (60+) Boston Market: 10% off (65+) Burger King: 10% off (60+) Chick-Fil-A: 10% off or free small drink or coffee ( 55+) Chili's: 10% off ( 55+) CiCi's Pizza: 10% off (60+)
  • Companies can't find workers who can hold a conversation or show up on time

    04/19/2015 7:35:34 AM PDT · by SeekAndFind · 79 replies
    Business Insider ^ | 04/19/2015 | Myles Udland
    It's not about finding workers; it's about finding the right workers.According to the latest supplemental survey from the New York Fed's manufacturing and business leaders surveys, employers in the New York area are facing two main problems: finding workers who can show up on time and workers who can hold a conversation.The survey showed that in April, 65% of manufacturing employers had difficulty finding punctual workers and 60% had trouble finding workers with interpersonal skills.Among business leaders, a broader survey group, 42% had trouble finding punctual workers while about 48% had trouble finding workers with interpersonal skills. These results also...
  • Obama’s Earth Day trek to Fla. to highlight climate change

    04/18/2015 5:48:11 PM PDT · by Olog-hai · 22 replies
    Associated Press ^ | Apr 18, 2015 11:23 AM EDT | Nedra Pickler
    President Barack Obama plans to celebrate Earth Day by visiting the Florida Everglades. In his weekly radio and Internet address Saturday, Obama says “there’s no greater threat to our planet than climate change.” He says he’ll visit the Everglades on Wednesday to talk about how global warming threatens the U.S. economy. He says rising sea levels are putting the “economic engine for the South Florida tourism industry” at risk. …
  • Why SpaceX is attempting to land rockets on a floating barge

    04/18/2015 3:17:33 PM PDT · by BenLurkin · 60 replies
    Fox News ^ | Walt Bonner
    Most rocket boosters either burn up in the atmosphere or ­– as NASA’s do – simply fall into the ocean. With cheaper spaceflight the ultimate goal, SpaceX is the first space organization to attempt a rocket landing on a floating base, or, as the company calls it, an “autonomous spaceport drone ship.” Still, it begs the question- why attempt the landing at sea? According to American Institute of Aeronautics and Astronautics Aerospace Engineer Paul Huter, it’s simply a matter of convenience. “The rocket is launching out over the Atlantic ocean, so the easiest place to land it would be straight...
  • Everything we know about adulterous dating website Ashley Madison that's trying to go public

    04/18/2015 10:22:50 AM PDT · by SeekAndFind · 35 replies
    Business Insider ^ | 04/18/2015 | OLIVIA GOLDHILL, THE TELEGRAPH
    The dating website for adulterous affairs is planning to float in London. Here are all the dirty details Ashley Madison. Q: Is that some kind of shoe designer? A sensible guess, but definitely wrong. Ashley Madison is a dating website aimed at people who are already married. The service brands itself as “discreet”, and simply picked two popular American girls’ names as the company name. Q: Wait, so they’re a dating service for adultery? Isn’t that immoral? The company motto is: “Life is short. Have an affair.” The website offers affair guidelines, with advice on how to cover your tracks....
  • Machinists Union IAM Cancels Organizing Vote at Boeing’s South Carolina Plant

    04/18/2015 9:29:34 AM PDT · by DUMBGRUNT · 25 replies
    The Wall Street Journal ^ | April 17, 2015 | JON OSTROWER
    The union said its organizers encountered a “toxic environment” in South Carolina. Two organizers were threatened at gunpoint during home visits to gauge support and urge votes for unionization, and others reported “near-violent confrontations,” it said
  • How to Pretend Apple Watch Is a Failure No Matter What

    04/17/2015 9:27:26 PM PDT · by Swordmaker · 116 replies
    Mac Observer ^ | Apr 13th, 2015 7:50 PM EDT | Bryan Chaffin
    Apple Watch. Seems like Apple has a hit on its corporate hands. Or a preorder hit. The company sold a million Apple Watches in the first 24 hours—just in the U.S.—according to one piece of analysis. That would make it the most successful new product category launch in Apple's history—so what do you do if you've been talking smack about it for months? If you're Roger Kay, you stuff a straw man full of nonsensical numbers that will allow you to declare the device a failure no matter what. It's a neat trick so long as no one applies a...
  • Apple cooperation with antitrust monitor down 'sharply' -report

    04/17/2015 7:54:40 PM PDT · by Swordmaker · 4 replies
    Reuters ^ | APRIL 16, 2015 | BY NATE RAYMOND
    (Reuters) - Apple Inc's cooperation with a court-appointed monitor has "sharply declined" as he reviews the iPad maker's antitrust compliance policies, the monitor wrote in a report to a judge. Michael Bromwich, who became Apple's monitor after it was found liable for conspiring to raise e-book prices, said in a report on Thursday that Apple objected to providing information and "inappropriately" attempted to limit his activities. Bromwich, whose relationship with Apple has been testy since the start, had indicated that relations had improved in a report in October to U.S. District Judge Denise Cote in Manhattan. However, he said in...
  • Magpul Glock Mag Update: ‘We Screwed Up’

    04/17/2015 3:38:54 PM PDT · by nickcarraway · 32 replies
    guns.com ^ | 4/16/15 | Max Slowik
    At the top of this year Magpul announced yet another ground-breaking product, the PMAG 17. An inexpensive polymer 17-round Magpul magazine for Glock 17s, the PMAG 17 was guaranteed to succeed even before it hit the market. About the only thing that could go wrong was if some small, but critical step or test was overlooked. A small but critical mistake was made. Just a few days after the public release of the PMAG 17 Magpul has confirmed that some magazines are not feeding correctly when paired with other 9mm Glock pistols, specifically the Glock 19 and Glock 26. “Of...
  • Homeless Man Discovers Forgotten Bank Account

    04/17/2015 3:16:45 PM PDT · by nickcarraway · 31 replies
    wfts ^ | Apr 16, 2015 | Carson Chambers
    Tampa police officer, case worker help himJohn Helinski was once homeless, sleeping on a cardboard box by a bus stop. "I just managed on my own,” said John Helinski. For three years in downtown Tampa, he said he was invisible. "Sleeping underneath the benches there and no one would see me,” Helinski said. Now Helinski's got a locker, a bed and a dedicated case worker at a new 24/7, one-stop-shop housing center for homeless in Hillsborough County off 50th Street. But wait, his story gets way better than that — way, way better. "He needed to have an identification, but...
  • Beyond the lithium ion—a significant step toward a better performing battery

    04/17/2015 2:27:18 PM PDT · by Red Badger · 14 replies
    Phys.Org ^ | 04-17-2015 | Provided by University of Illinois at Chicago
    The race is on around the world as scientists strive to develop a new generation of batteries that can perform beyond the limits of the current lithium-ion based battery. Researchers at the University of Illinois at Chicago have taken a significant step toward the development of a battery that could outperform the lithium-ion technology used in electric cars such as the Chevy Volt. They have shown they can replace the lithium ions, each of which carries a single positive charge, with magnesium ions, which have a plus-two charge, in battery-like chemical reactions, using an electrode with a structure like those...
  • Engineer improves rechargeable batteries with MoS2 nano 'sandwich'

    04/17/2015 2:21:31 PM PDT · by Red Badger · 7 replies
    Phys.Org ^ | 04-17-2015 | Provided by Kansas State University
    Molybdenum disulfide sheets -- which are "sandwiches" of one molybdenum atom between two sulfur atoms -- may improve rechargeable lithium-ion batteries, according to the latest research from Gurpreet Singh, assistant professor of mechanical and nuclear engineering. Credit: Kansas State University The key to better cellphones and other rechargeable electronics may be in tiny "sandwiches" made of nanosheets, according to mechanical engineering research from Kansas State University. Gurpreet Singh, assistant professor of mechanical and nuclear engineering, and his research team are improving rechargeable lithium-ion batteries. The team has focused on the lithium cycling of molybdenum disulfide, or MoS2, sheets, which Singh...
  • Since marijuana legalization, highway fatalities in Colorado are at near-historic lows

    04/17/2015 1:48:22 PM PDT · by Usagi_yo · 113 replies
    WP ^ | August 5, 2014 | Radley Balko
    Since Colorado voters legalized pot in 2012, prohibition supporters have warned that recreational marijuana will lead to a scourge of “drugged divers” on the state’s roads. They often point out that when the state legalized medical marijuana in 2001, there was a surge in drivers found to have smoked pot. ...]
  • San Jose 13-Year-Old Invents Device To Help White Canes "See"

    04/17/2015 1:41:40 PM PDT · by nickcarraway · 15 replies
    NBC Bay Area ^ | Garvin Thomas
    In 1921, according to the history books, an newly-blind Englishman named James Biggs was feeling threatened by the amount of traffic in his neighborhood. In order to be more visible to motorists, Biggs reportedly painted his cane white. If true, it means the white cane as an aid to the blind is approaching its 100th birthday. Which explains why, in true Silicon Valley fashion, Raghav Ganesh thought the world was overdue for the white cane, 2.0. "There's an old device here that needed an upgrade," Raghav says, "and I thought I could make that better." Raghav Ganesh, a San Jose...
  • Dog Flu Outbreak Gained Foothold at Urban Doggie Day Cares

    04/17/2015 1:17:22 PM PDT · by Daffynition · 34 replies
    ABC News ^ | Apr 17, 2015 | CARLA K. JOHNSON
    Many urbanites use doggie day cares while they work long hours. Paying others to exercise their pets, owners can forgo long walks and enjoy guilt-free pooch snuggling in the evenings. While usually a healthy experience for the dogs, the day care environment, with dozens of pets mingling, contributed to an epidemic of dog flu in Chicago that is spreading in the Midwest, experts say.
  • Driver Suffered "Coughing Attack" Before Fatal Big Rig Crash Off Southern CA Freeway

    04/17/2015 1:14:18 PM PDT · by nickcarraway · 24 replies
    NBC Bay Area ^ | 3/17 | Jonathan Lloyd and Vanessa Ruiz
    The crash near the interchange of the 118 and 210 freeways left others hospitalized in critical conditionA big rig driver suffered what authorities described as a "coughing attack" at the wheel before crashing off a Southern California freeway and slamming into a pickup in a fatal collision that involved several other vehicles. The northern San Fernando Valley crash, which left four people hospitalized in critical condition, occurred under the 210 Freeway-118 Freeway interchange near the Paxton Street exit. The big rig crashed off the 210 Freeway freeway and down an embankment before crossing an exit ramp and slamming into the...
  • Future of BIG DATA

    04/17/2015 11:47:03 AM PDT · by Paul46360 · 1 replies
    The interesting part is the lower right hand of the pictorial.
  • Are Student Loans the new Sub-Prime Bubble?

    04/17/2015 7:46:44 AM PDT · by SeekAndFind · 6 replies
    American Thinker ^ | 04/17/2015 | Chriss Street
    On April 15 Tax Day, Americans paid about the same amount of income tax as total student loans outstanding. The St. Louis Federal Reserve on the same day published a report titled ‘Student Loan Delinquency: A Big Problem Getting Worse?' The Fed has determined that of the $1.3 trillion in non-bankruptcy-dischargeable student loans, the delinquency rate for students in repayment is over 27 percent. With tuition at the University of California and other top schools growing faster than inflation, student loan defaults are skyrocketing. Prior published student loan reports have stated that the “30+ days delinquency rate for all student...
  • Bronx Office Manager Arrested for Acting as Dentist, Performing Root Canals and Pulling Teeth

    04/16/2015 11:13:53 PM PDT · by nickcarraway · 16 replies
    NBC New York ^ | Thursday, Apr 16, 2015 | Pei-Sze Cheng
    A 45-year-old dental office manager has been arrested for allegedly performing procedures on unsuspecting, uninsured patients for a cash discount while the dentist was away, and purposely scheduling procedures for them when she knew the doctor would be out of the office. Authorities said Valbona Yzeiraj, of White Plains, was arrested Thursday following a grand jury indictment earlier this month. The Albanian-born woman pleaded not guilty to charges of assault, unauthorized practice of a profession and reckless endangerment at her arraignment later in the day. Prosecutors allege the woman acted as a dentist at Ultimate Dental Care of Riverdale in...
  • The Apple Watch Launch is a Brand-damaging Botch Job

    04/16/2015 10:39:55 PM PDT · by Up Yours Marxists · 136 replies
    BetaNews ^ | April 16, 2015 15:20 UTC | Wayne Williams
    It really is amateur hour at Apple. The tech giant’s first major product line launch in years has gone badly wrong, with the original in-store sales date scrapped, and no word of when the Apple Watch will actually go on sale for people to, you know, buy. Sales predictions, and online pre-order numbers look great, but that’s about the only thing that’s good about the launch of the first new product line to come from Apple under Tim Cook’s stewardship. Frankly, everything else associated with the launch has been a balls up from start to finish. Here’s a product that...
  • DHS Ranked ‘Worst Place To Work’ In Federal Government

    04/16/2015 5:55:52 PM PDT · by Olog-hai · 21 replies
    Cybercast News Service ^ | April 16, 2015 - 3:57 PM | Brittany M. Hughes
    According to a 2014 survey by the Office of Personnel Management, the Department of Homeland Security (DHS) was ranked by its employees as the worst place to work among the government’s 37 large departments or agencies, Congress was told Thursday. The department, which includes agencies such as Immigration and Customs Enforcement (ICE) and Customs and Border Patrol (CBP), received an index score of 48 on global satisfaction in 2014, compared to a score of 62 in 2010. Last year’s score marks the lowest ranking of any government department that year. …
  • The Apple Watch is Already Wiping the Floor with the Entire Smartwatch Market

    04/16/2015 5:29:23 PM PDT · by Star Traveler · 301 replies
    Business Insider ^ | Thursday, April 16, 2015 | Rob Price
    The Apple Watch is on fire: KGI Securities analyst Ming-Chi Kuo estimates that Apple's debut smartwatch has sold more than 2.3 million units since preorders opened, MacRumors reports. Apple hasn't released any sales data on Apple Watch sales, and it most likely won't until the company's quarterly earnings report. But this 2.3 million figure echoes what others have estimated — the research company Slice believes there were about 1 million US preorders on launch day, for example. Ming-Chi Kuo has a good track record on Apple: He was spot on with his predictions about the iPhone 5S, for example. If...
  • For Techies: Windows 10 finally gets drag-and-drop support for virtual desktops

    04/16/2015 3:27:59 PM PDT · by SeekAndFind · 10 replies
    PC World ^ | 04/16/2015 | Mark Hachman, Senior Editor
    Microsoft’s virtual desktops are one of the of the more unique features of Windows 10—a quick way to organize “screens” of apps that you can switch to back and forth. Rearranging them has always been a pain, but a new drag-and-drop feature, hopefully that problem will go away. Microsoft said it's expedited the ability to drag and drop windows between virtual desktops, eliminating the clunky keyboard shortcuts that Windows 10 currently forces one to use. Why this matters: Virtual desktops are handy tools for those with just a single monitor. If you have more than one monitor, you might have...
  • Congress Considering Repeal of Death Tax

    04/16/2015 2:25:22 PM PDT · by ThethoughtsofGreg · 17 replies
    American Legislator ^ | 4-16-15 | Will Freeland
    For the first time in just over a decade, the U.S. House of Representatives today will vote on a bill to abolish the death tax, otherwise known the federal estate tax. H.R. 1105—the “Death Tax Repeal Act of 2015″—has bipartisan support, which is evident by its co-sponsors: Congressmen Kevin Brady (R-Texas) and Sanford Bishop (D-Georgia). Attempts to repeal the federal death tax acknowledge what the 32 states without a death tax already understand: a tax on an individual’s personal property, business assets and investments, even with a $5 million exemption, results in high compliance costs, little revenue and bad incentives....
  • EPA Clean Power Plan Litigation Begins

    04/16/2015 12:49:39 PM PDT · by ThethoughtsofGreg · 2 replies
    American Legislator ^ | 4-16-15 | John Eick
    The first major step in what will likely be a long, drawn-out legal process will begin today, April 16. Today, the U.S. Court of Appeals for the District of Columbia Circuit will hear oral arguments from 16 states and a handful of energy companies. The two consolidated cases led by the state of West Virginia and the Ohio-based Murray Energy Corporation seek to prevent EPA from finalizing the already proposed Clean Power Plan (CPP). The two lawsuits contend that EPA cannot legally regulate greenhouse gas emissions from coal-fired power plants under Section 111 of the Clean Air Act since –...
  • Finally! Saudi Arabia opening stock market to foreigners on June 15

    04/16/2015 12:05:17 PM PDT · by Citizen Zed · 5 replies
    cnn money ^ | 4-16-2015
    The oil-rich nation is opening its stock market -- the largest in the Middle East -- to foreign investors on June 15, the government announced Thursday. The Saudi market -- worth an estimated $530 billion -- is more than double the size of the Tel Aviv stock exchange in Israel. Previously, only Saudi-based investors could buy stocks there. By mid-June, international firms will be able to buy stocks in the country's exchange, the Tadawul All Share Index. This will likely encourage mutual funds and ETFs to add some Saudi stocks to their holdings, especially in emerging market funds. The move...
  • America’s 15 Highest Paying Companies [And the industries they represent]

    04/16/2015 9:40:03 AM PDT · by SeekAndFind · 2 replies
    Glassdoor ^ | 04/15/2015 | Glassdoor Team
    Do you dream of earning a six figure paycheck? If so, Glassdoor has compiled its newest report identifying America’s 15 Highest Paying Companies, in which the median annual total compensation starts at more than $140,000. This report evaluates salary and compensation information shared by employees over the past year on Glassdoor. The ranking of companies by median total compensation takes into account annual base salary, cash and stock bonuses, commissions and other forms of financial income. Check out the top 15 companies below, along with insights from Glassdoor Chief Economist Dr. Andrew Chamberlain explaining why these companies pay so well....
  • 16% of retired NFL players go bankrupt, a report says

    04/16/2015 5:20:28 AM PDT · by SeekAndFind · 52 replies
    Fortune ^ | 04/15/2015 | Daniel Roberts
    The stat comes from a new paper from the National Bureau of Economic Research. It may be hard to believe that professional athletes, who earn so much money at such a young age, could possibly end up bankrupt. But nearly 16% of those in the National Football League do—just not right away. According to a new working paper from the National Bureau of Economic Research (NBER), 15.7% of NFL players have filed for bankruptcy 12 years after they retired. The paper, entitled “Bankruptcy Rates Among NFL Players with Short-Lived Income Spikes,” examines the traditional model of consumption smoothing (save money...
  • Letters to the Editor: Build desalination plants, not a high-speed rail

    04/15/2015 6:30:43 PM PDT · by Citizen Zed · 43 replies
    Long Beach Press Telegram ^ | 4-15-2015 | Edna Jones, Pasadena & Richard Morrison, Lakewood
    Instead of spending money on a bullet train, California should build desalination plants. We cannot live without water or food. California supplies 70 percent of the food for the country and we have cut off water to the farmers to save the smelt fish. The legislatures are more interested in catering to their money backers than doing what is right for the citizens of California. Which sounds better, water or rain? Anyone with an ounce of common sense and a firm grasp on reality would say water is the only answer. We don’t need a bullet train that starts in...
  • iPhone plunges to ground from 40 stories up, survives without a scratch, video all the way

    04/15/2015 5:32:57 PM PDT · by Swordmaker · 62 replies
    Mac Daily News ^ | Wednesday, April 15, 2015
    “Photographer Catalin Marin was taking photos of Dubai’s sunrise from the top of a building when he accidentally dropped his iPhone from the roof—and the device captured its entire 40 story plunge on video,” Reem Nasr reports for CNBC. “Amazingly the phone was without a scratch and on top of everything it captured the whole fall on video as I was filming at the moment I dropped it,” Marin wrote in a blog post,” Nasr reports. Read more in the full article here. Catalin Marin writes, “Unfortunately the shoot was cut unexpectedly short when I managed to drop my phone...
  • How colleges misspend your tuition money

    04/15/2015 2:28:57 PM PDT · by SeekAndFind · 26 replies
    The Week ^ | 04/15/2015 | Ted Scheinman
    I am on the phone with a humanities professor at a small, nationally revered liberal-arts college, and she is telling me about the seltzer situation in the faculty lounge. "You know, the dean said we need to get the beverages out of there." "And that's, like, a hygiene thing?" "No, it's because they're worried we're spending too much on Diet Coke and those aluminum cans of seltzer." "Oh." "And the president just replaced his hood ornament with a Fabergé egg. Our Manhattan consulting firm said it was the only way to upstage Dartmouth." OK, I made up the egg thing,...
  • What LeBron Can Teach You about Economics

    04/15/2015 1:54:18 PM PDT · by reaganaut1 · 10 replies
    The Freeman ^ | April 14, 2015 | George Leef
    In Popular Economics, John Tamny, editor of RealClearMarkets, sets out to refute bad economic ideas and replace them with sound ones. Many books have tried to do that, but what sets Tamny’s apart is how he goes about making the “dismal science,” well, popular. His subtitle is revealing: “What the Rolling Stones, Downton Abbey, and LeBron James can teach you about economics.” Quite a bit, as it turns out. To educate is to build a bridge from what a person knows to things he doesn’t yet understand. Tamny does that brilliantly by using sports and popular culture to convey key...
  • 7 Things Every American Needs To Know About Taxes

    04/15/2015 1:13:16 PM PDT · by ThethoughtsofGreg · 12 replies
    American Legislator ^ | 4-15-15 | Will Freeland
    Today is tax day in America. As always, it features a lot of confusion with tax forms, some rushed trips to the post office and a whole lot of heartburn as taxpayers are reminded just how much they paid in taxes over the previous year. Despite the fact that every American constantly is affected by local, state and federal taxes, there is still a large number of Americans who don’t know about taxes. Here are seven things many every American should know about taxes. 1. Taxes Cost a Whole Lot Taxes on all levels consume over a quarter of gross...
  • The battery powered rocket powerful enough to blast satellites into orbit

    04/15/2015 12:55:30 PM PDT · by BenLurkin · 20 replies
    Dailymail.com ^ | Mark Prigg
    Chief Executive Peter Beck said the company founded in 2008 to help commercialize the space business, expected to carry out the first flight of its all-composite Electron launch vehicle and the new Rutherford engine before the end of the year. Beck said the engine was also the first to use 3D printing for all primary components, including its engine chamber, injector, pumps and main propellant valves, all mostly made of titanium and other alloys. The lightweight engine can be 'printed' in three days, compared to about a month if it were built using traditional manufacturing. Rocket Lab, which is based...
  • What the Medicare ‘Doc Fix’ Means for States

    04/15/2015 11:45:30 AM PDT · by ThethoughtsofGreg · 1 replies
    American Legislator ^ | 4-15-15 | Sean Riley
    The U.S. Senate late Tuesday evening passed legislation containing a permanent ‘doc fix’ for calculating physician reimbursements under Medicare. By doing away with a decades old formula, the bill staves off an automatic 21 percent cut in payments that would have gone into effect at midnight. While much of the focus has been on Congress and the impact of the legislation on the federal Medicare program, the measure raises three important issues for the states. First, the measure also includes a two year extension of the State Children’s Health Insurance Program (CHIP), the federal-state program extending coverage to low-income children...
  • Rare jungle nut becomes anti-aging rage

    04/15/2015 11:18:09 AM PDT · by Red Badger · 14 replies
    WND ^ | 04-14-2015 | Staff
    'It's going to be the new little wave' For decades, if not centuries, the Amazon dwellers of southern Colombia didn’t make too much of the cacay nut. They fed it to their livestock, used it to treat wounds and chopped down its trees for firewood. But then, a few years ago, the global jet-setting crowd found out what the yellow-ish oil from the protein-rich nut could do for their skin. And suddenly, the cacay (pronounced kahk-ai) has become a red-hot commodity, providing the key ingredient to anti-aging facial creams that can fetch $200 an ounce in beauty shops in Los...
  • "I'm Disgusted:" Thief Steals $7K From Hayward Little League

    04/15/2015 10:12:46 AM PDT · by nickcarraway · 4 replies
    It’s one thing to steal bases in baseball. It’s another to steal a safe containing $7,000. Hayward Muralist Paints a "Field of Dreams" for Hayward Little League Players But that’s what happened to the Tennyson American Little League in Hayward over the weekend. Treasurer Jody Perry said the youth baseball clubhouse – an icon in town because of its brightly painted murals - was broken into on Sunday about 9:45 p.m. and a safe was taken containing the league’s rent money. “I’m disgusted to say that neither us, nor the police think it is a coincidence that it was the...
  • Gravity Payments Owner Drastically Cuts $1M Salary and Sets $70,000 Minimum Wage for All Staff

    04/15/2015 9:20:39 AM PDT · by SeekAndFind · 72 replies
    Christian Post ^ | 04/15/2015 | Leonardo Blair
    In a jaw-dropping move Monday afternoon, Dan Price, the 30-year-old founder of Gravity Payments, a credit card processing company in Seattle, Washington, announced to his 120-person staff that over the next three years, every single employee — even the lowest paid clerk — will be paid a minimum annual salary of $70,000. And he wasn't joking. "My jaw just dropped," Phillip Akhavan, 29, who earns $43,000 working on the company's merchant relations team, said in an interview with The New York Times. "This is going to make a difference to everyone around me." The announcement stunned the staff and triggered...
  • Lots of Apple Watch Listings on eBay Are Attracting Zero Bids

    04/14/2015 9:01:08 PM PDT · by Swordmaker · 69 replies
    Time Magazine ^ | April 14th, 2015 | Brad Tuttle
    Sellers are asking extremely high "Buy It Now" prices at eBay to take advantage of strong demand for Apple Watches. But in many cases, consumers aren't biting. By most accounts, the Apple Watch did a terrific business on the first day customers could place preorders. Apple reportedly received roughly one million orders last Friday, and demand has been so high that orders placed now won’t be delivered until June or even later in the summer. The first customers who preordered Apple Watches, however, will have their shiny gadgets in hand starting on April 24 or soon thereafter. Part of the...