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Business/Economy (General/Chat)

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  • NEW TODAY: Elder-Beerman parent company confirms liquidation

    04/18/2018 5:41:40 PM PDT · by Morgana · 7 replies
    dayton daily ^ | April 18, 2018 | Kara Driscoll, Staff Writer
    Tt’s official: Elder-Beerman’s parent company is headed for liquidation. Bon-Ton Stores Inc. officials announced a joint bidder, including a group of the bankrupt retail chain’s bondholders, won an auction for the company’s asset. Great American Group and Tiger Capital Group —and the holders of Bon-Ton’s second-lien secured notes will acquire the retailer’s inventory and certain other assets, Bon-Ton said in a statement. A bankruptcy court hearing to approve the venture and wind down Bon-Ton operations is set for today.
  • Facebook admits it does track non-users, for their own good

    04/18/2018 3:47:55 PM PDT · by upchuck · 25 replies
    The Register ^ | Apr 17, 2018 | Richard Chirgwin
    Facebook's apology-and-explanation machine grinds on, with The Social Network™ posting detail on one of its most controversial activities – how it tracks people who don't use Facebook. The company explained that the post is a partial response to questions CEO Mark Zuckerberg was unable to answer during his senate and Congressional hearings. It's no real surprise that someone using their Facebook Login to sign in to other sites is tracked, but the post by product management director David Baser goes into (a little) detail on other tracking activities – some of which have been known to the outside world for...
  • The octane game: Auto industry lobbies for 95 as new regular

    04/18/2018 3:40:59 PM PDT · by outofsalt · 111 replies
    Automotive News ^ | April 17, 2018 @ 11:00 am | Richard Truett
    "GM, Ford and Fiat Chrysler are seeking just one grade of fuel: 95. That would eliminate today's grades, generally 87 octane for regular, 88-90 for midgrade and 91-94 for premium." "In testimony Friday before the House Energy and Commerce Committee's environment subcommittee, Dan Nicholson, General Motors' vice president of global propulsion systems, said making 95 octane the new regular aligns the U.S. with Europe and is one of the most affordable ways to boost fuel economy and lower greenhouse gas emissions."
  • Scientists uncover new battery chemical with 50 percent more storage capacity

    04/18/2018 12:13:23 PM PDT · by Swordmaker · 36 replies
    V3 ^ | April 16, 2018 | by Lee Bell
    Development could change future smartphone, laptop and car battery technologies Scientists have found a way of using alternative metals in lithium-based batteries that might not only help relieve the issues associated with conflict materials, but also offer more storage capacity in future devices. The research team, led by professors at the University of California, Berkeley, managed to build lithium cathodes with 50 per cent more storage capacity than conventional materials - potentially enabling batteries to be made that can last considerably longer between recharges than current battery technology. This could change how we use technology in the future as these...
  • iPhone X Made 5x the Profit of 600 Android OEMs Combined

    04/18/2018 11:54:17 AM PDT · by Swordmaker · 25 replies
    iDropNews ^ | April 17, 2018 | By Mike Peterson
    image Tom's Guide Apple remained the most profitable smartphone brand through the fourth quarter of 2017, according to a new market research report. The Cupertino tech giant managed to capture 86 percent of the total smartphone market profits Q4 2017, even though the premium handset segment didn’t grow as expected, according to a new report by Counterpoint Research (via CNBC). Additionally, the iPhone X accounted for 21 percent of total revenue and 35 percent total of the profits made by the entire industry in the fourth quarter — allowing Apple to grow about 1 percent, year-over-year. That’s despite the fact...
  • 'They are refusing to make a purchase': Philadelphia cops release Starbucks manager's 911 call ...

    04/18/2018 11:28:15 AM PDT · by Morgana · 52 replies
    DAILY MAIL UK ^ | April 18, 2018 | Emily Crane For
    Full title: 'They are refusing to make a purchase': Philadelphia cops release Starbucks manager's 911 call that led to two black men being arrested and sparked coffee chain boycott Police have released the 911 call a Philadelphia Starbucks manager made claiming that two black men wouldn't leave the store, which ultimately led to their arrests and widespread calls to boycott the coffee chain. The brief 911 call, which was released by Philadelphia Police on Tuesday, shows manager Holly Hylton reporting the two men for not making a purchase at her store last week. 'Hi, I have two gentlemen at my...
  • Windows 10 Spring Creators Update team explains the hold-up: You little BSOD!

    04/18/2018 10:23:06 AM PDT · by dayglored · 10 replies
    The Register ^ | Apr 17, 2018 | Richard Speed
    Microsoft Windows Insider chief 'fesses up to potential blue-screen inducing glitch Windows 10 Springwatch – as it shall henceforth be known – has entered its second week and Microsoft has dropped the first clue as to what caused the delay: bugs.Though Microsoft has never actually confirmed a release date or name for the elusive Windows 10 Spring Creators Update (aka version 1803), many expected it to arrive on April 10's Patch Tuesday, with build 17133 hitting the Release Preview ring of the Windows Insider programme.But nothing happened, until now.Supremo of the Windows Insider programme, Dona Sarkar, dropped a hint last...
  • Alert (TA18-106A): Russian State-Sponsored Cyber Actors Targeting Network Infrastructure Devices

    04/18/2018 6:28:42 AM PDT · by COBOL2Java · 6 replies
    U.S. Department of Homeland Security ^ | April 16, 2018 | US-CERT
    Systems Affected Generic Routing Encapsulation (GRE) Enabled DevicesCisco Smart Install (SMI) Enabled DevicesSimple Network Management Protocol (SNMP) Enabled Network Devices Overview This joint Technical Alert (TA) is the result of analytic efforts between the Department of Homeland Security (DHS), the Federal Bureau of Investigation (FBI), and the United Kingdom’s National Cyber Security Centre (NCSC). This TA provides information on the worldwide cyber exploitation of network infrastructure devices (e.g., router, switch, firewall, Network-based Intrusion Detection System (NIDS) devices) by Russian state-sponsored cyber actors. Targets are primarily government and private-sector organizations, critical infrastructure providers, and the Internet service providers (ISPs) supporting these...
  • Recreational vehicles aren’t homes

    04/18/2018 5:20:32 AM PDT · by SandRat · 54 replies
    Save Cochise County Supervisors have an interesting decision to make on whether to allow recreational vehicles as residential structures under the zoning code. During a work session last week, county officials asked supervisors for direction on amending an ordinance governing the allowable circumstances that would permit people to live in their recreational vehicle as their primary residence. This is Pandora’s box for Cochise County. Recreational vehicles are exactly what their name states: mobile modes of transportation for recreation. Campgrounds are well-suited for these vehicles, usually providing temporary hookups for sewerage disposal, electricity and water. Some even offer cable television connections....
  • The Aurora Station Will be the First Luxury Hotel in Space

    04/17/2018 11:47:38 PM PDT · by LibWhacker · 20 replies
    Universe Today ^ | 4/17/18 | Evan Gough
    The Aurora Station space hotel will launch in 2021 and host its first guests in 2022. It has room for 4 guests and 2 crew. Image: Orion Span The Aurora Station Will be the First Luxury Hotel in Space Article written: 17 Apr , 2018 by Evan Gough Are you ready for a luxury hotel in space? We all knew it was coming, even though it seems impossibly futuristic. But this time it’s not just science fiction; somebody actually has a plan.The space hotel will be called “Aurora Station” and the company behind it is Orion Span, a Silicon...
  • IRS gives taxpayers extra day to file after website issues

    04/17/2018 8:47:30 PM PDT · by Olog-hai · 8 replies
    Associated Press ^ | Apr 17, 2018 8:14 PM EDT | Sarah Skidmore Sell
    Americans are getting an extra day to file their taxes after key elements of the IRS website crashed on deadline day. The IRS said that individuals or businesses with a filing or payment due Tuesday now have until midnight Wednesday to complete the task. Earlier Tuesday, Americans who had waited until the final day to file online got an unwelcome surprise: The agency’s website for making payments and gaining access to other key services was down due to what Treasury Secretary Steven Mnuchin later described as a “high-volume technical issue.” The website was back online late Tuesday. “This is the...
  • Airlines must compensate for delays during wildcat strikes: EU court

    04/17/2018 9:29:15 AM PDT · by BBell · 10 replies
    BRUSSELS (Reuters) - Airlines have to pay compensation to passengers for delays caused by wildcat strikes that result from management decisions, the European Union’s top court said on Tuesday.Several cases were brought to the EU’s Court of Justice after German airline TUIfly said a 2016 wildcat strike - one not formally initiated by a trade union - was an extraordinary event, and so it was not liable to compensate for delays. The strike followed the company’s announcement of a restructuring plan. EU regulation gives passengers on a delayed flight the right to compensation of up to 600 euros ($745), depending...
  • Apple has an iPhone design problem it’s getting harder to solve

    04/17/2018 8:09:04 AM PDT · by Red Badger · 39 replies
    CNBC ^ | 04/18/2018 | Tonya Riley
    Apple's big design problem is that it is running out of space on the device's exterior. The headphone jack went, and then the bezel was downsized and the Home button eliminated from the iPhone X. But Apple is running out iPhone options to drop. The new Apple AirPower wireless charger, which is rumored to launch in 2018, could also impact the future of the iPhone's design =============================================================================================================== Apple made waves in 2016 when it decided to get rid of the iPhone's headphone jack, and again in 2017, when it announced the iPhone X would have a virtual home button. Apple...
  • Under military rule, Venezuela oil workers quit in a stampede

    04/17/2018 5:59:23 AM PDT · by C19fan · 26 replies
    Reuters ^ | April 17, 2018 | Deisy Buitrago, and Alexandra Ulmer
    Chauffeured around in a sleek black pick-up, the head of Venezuela’s oil industry, Major General Manuel Quevedo, last month toured a joint venture with U.S. major Chevron. Flanked by other trucks carrying security guards, Quevedo passed a handful of workers waiting by an oil well cluster. They wanted a word with the OPEC nation’s oil minister and president of its state-run oil firm, PDVSA [PDVSA.UL], about the sorry state of the company.
  • For the first time ever, Microsoft will distribute its own version of Linux

    04/16/2018 4:34:58 PM PDT · by dayglored · 52 replies
    Business Insider ^ | Apr 16, 2018 | Matt Weinberger
    Microsoft on Monday announced Azure Sphere, a new technology to protect the processors that power smart appliances, connected toys, and other gadgets. Azure Sphere is powered in large part by Linux, a free operating system that Microsoft once viewed as a major threat. It's the first time ever that Microsoft has made Linux part of a product offering. Microsoft announced on Monday a new technology called Azure Sphere, a new system for securing the tiny processors that power smart appliances, connected toys, and other gadgets. We'll get to the specifics in a moment, but here's the really notable part:...
  • Retirement Savings: More Americans Than Ever Have $1 Million In Assets Or More

    04/16/2018 9:50:17 AM PDT · by SeekAndFind · 94 replies
    IBD ^ | 04/16/2018 | Paul Katzeff
    Do you think saving for retirement is just too tough? Think again. The number of people with 401(k) balances of at least $1 million hit a record 150,000 at the end of 2017 in plans run by Fidelity Investments. Likewise, the number of Fidelity-run IRAs with retirement savings balances of $1 million or more hit a record 152,000. And if $1 million seems out of reach for you — at least for now — don't worry, because those million-dollar balances were part of a broader pattern of retirement savings balances overall growing to record highs. Your retirement savings balances can...
  • Robots could cause millions of job losses and lead to the rise of COMMUNISM, warns Governor of [tr]

    04/16/2018 6:57:24 AM PDT · by C19fan · 71 replies
    UK Daily Mail ^ | April; 16, 2018 | Phoebe Weston
    The Governor of the Bank of England has warned that the rise of robots in the workplace could cause a revival in Communism and 19th-century wage stagnation. Mark Carney, 53, said automation of millions of jobs would result in more support of Communist ideas within a generation. 'Marx and Engels may again become relevant' if mechanisation forces down pay and raises inequality, he warned. To alleviate the damage, Carney suggested workers should train for jobs that require higher emotional intelligence, for example in care and leisure.
  • I don’t win boring races! – Ricciardo on crazy China triumph

    04/15/2018 12:17:05 PM PDT · by Yo-Yo · 10 replies ^ | 15 April 2018
    Daniel Ricciardo likes to do it the hard way. His sensational victory in China on Sunday was the sixth of his career. In all of them, he has never started the race higher than fourth. And once again, his trademark overtakes were the highlight of an absolute belter of a Grand Prix. Ricciardo came to Shanghai on the back of four retirements in his last six races. And his luck seemed unlikely to turn when he suffered an engine problem in FP3. But after recovering to sixth in qualifying and then running there for most of the race, the Red...
  • Are DEMOCRATS CROOKED? "CA High Speed Rail"

    04/15/2018 10:34:39 AM PDT · by hapnHal · 33 replies
    15 April 18 | hapnHAL
    Jan 19, 2017 - Dianne Feinstein's Husband Wins Near-Billion Dollar California 'High Speed Rail' Contract NOW............ FEDS TO AUDIT CALIFORNIA'S"LIGHT-RAIL-TO-NOWHERE" One might ask.....Are the DEMOCRATS CROOKED?
  • Microchips helping to prevent cactus poaching in Arizona national parks

    04/14/2018 11:44:29 AM PDT · by bgill · 25 replies
    abc15 ^ | Apr. 13, 2018 | Cameron Polom
    An unusual problem at Saguaro National Park requires an unusual solution to stop it. Cactus poaching; a lucrative crime that's caught the attention of the national park service. Chief O'Neil says even small saguaro can fetch a hefty bounty. "We understand that they sell for about a hundred dollar a foot, so this little guy is worth four or five hundred dollars," said O'Neil referencing a rather young, albeit 40-year-old saguaro. "We're looking to microchip cacti that are most likely to be taken," said O'Neil.