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Business/Economy (News/Activism)

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  • The past five days have been worse than all that has gone before (Greece)

    07/04/2015 8:53:39 PM PDT · by dynachrome · 14 replies
    Financial Times ^ | 7-1-15 | Iliana Magra
    Sir, Memory. No memory of life before the financial crisis; politics has dominated it ever since. But now I can hardly remember life before Friday night. Fear. I am terrified of tomorrow, all I now see is black. Uncertainty, leading us through our days, every remainder of hope for a brighter future being destroyed by the minute. I look at my three-year-old niece, I envy her ignorance, I envy her age. I am 21 years old and the past few days I feel tired by life. A referendum that supposedly gives me the right to define my future, seems to...
  • Donald Trump: I didn't expect business backlash to be "quite this severe"

    07/04/2015 8:23:49 PM PDT · by Mariner · 92 replies
    CBS News ^ | July 4th, 2015 | By Reena Flores
    On the heels of several major corporations distancing themselves from Donald Trump's various business interests, the Republican presidential candidate admitted Saturday that he didn't think the corporate backlash to his inflammatory comments about Mexican immigrants would be "quite this severe." "I knew it was going to be bad because I was told this. All my life I have been told this: If you are successful, you don't run for office," Trump said in an interview on Fox News, addressing the recent spate of businesses that have severed their relationships with his brand. "I didn't know it was going to be...
  • Farage on Friday: The EU does NOT care about what is best for Greece

    07/04/2015 7:47:22 PM PDT · by dynachrome · 13 replies
    Sunday Express ^ | 7-3-15 | NIGEL FARAGE, MEP
    As my colleague Patrick OíFlynn recently pointed out in the Daily Express, the bullying of Greece by the EU has stepped up a notch. Threats, scaremongering and fear is being put about to keep that country locked within the Euro straightjacket. All those running the EU care about is their project. They care not for the best wishes of the Greek people, but simply for sustaining the economic madhouse they themselves have created. Locked inside the Euro, the Greek people have been long-suffering. Quite simply, the European Union is quite happy to see Greece crucified as long as the shattered...
  • China curbs IPOs, enlists brokers in all-out bid to end market rout

    07/04/2015 5:40:57 PM PDT · by BenLurkin · 6 replies
    rueters ^ | Sat Jul 4, 2015 8:19pm EDT | Michael Martina and Samuel Shen
    China froze share offers and set up a market-stabilization fund on Saturday, the Wall Street Journal said, as Beijing intensified efforts to pull stock markets out of a nose-dive that is threatening the world's second-largest economy. Beijing's reported suspension of initial public offers (IPOs) came a few hours after extraordinary announcements by major brokers and fund managers, which collectively pledged to invest at least $19 billion of their own money into stocks. China's government, regulators and financial institutions are now waging a concerted campaign to prop up the nation's two main share markets, amid fears that a meltdown would rock...
  • Texas wants its gold back inside the state's borders

    07/04/2015 3:57:40 PM PDT · by Enlightened1 · 23 replies
    AP ^ | 07/04/15
    Forget Fort Knox or the Federal Reserve. Texas has decided to start keeping its gold holdings within in its own borders. But what makes sense politically in such a sovereignty-loving place is creating a logistical conundrum. Texas is the only state that owns an actual stockpile of gold, according to public sector and financial industry experts - not just gold futures or investment positions, but approximately 5,600 gold bars worth around $650 million. The holdings, stored at a New York bank, for some harken back to century-old fears about the security of currency not backed by shiny bullion. The Legislature's...
  • Sugar, flour, rice: panicked Greeks stock up on essentials

    07/04/2015 2:14:45 PM PDT · by Kartographer · 48 replies
    AFP via Yahoo News ^ | 7/4/15 | Pauline Froissart
    Greeks were hoarding cash and food Saturday amid mounting fears the economy could collapse, cracking open their wallets only to stock up on essentials and stripping supermarket shelves in the process. Related Stories Split Greece teeters on the brink with referendum AFP Stakes rise in Greece's bailout referendum AFP Greeks rush to withdraw cash as MPs debate bailout referendum AFP Greece debates referendum amid fears of run on banks AFP Greek banks say have sufficient liquidity until Tuesday AFP Mothers, elderly men and university students were spotted pushing heavily overloaded trolleys or coming out of shops weighed down by bags...
  • The Greeks should vote ďno!Ē

    07/04/2015 10:27:15 AM PDT · by Tolerance Sucks Rocks · 56 replies
    The Washington Times ^ | July 2, 2015 | Peter Morici
    Sunday, Greeks should vote ‚Äúno‚ÄĚ!Hellenic voters are being asked whether they accept the terms offered by the European Union, European Central Bank and International Monetary Fund to extend the bailout for Athens‚Äė troubled finances or give Prime Minister Tsipras a mandate to insist on a better deal.Those conditions include more cuts in government supported pensions, higher taxes and labor market reforms other European governments‚Äô are often not inclined to accept in the conduct of their own affairs.Urging a Yes vote, European leaders and their supporters in private institutions claim more austerity would reinvigorate the Greek economy and permit Greeks to...
  • Progressive Paradise Lost

    07/04/2015 10:07:58 AM PDT · by Tolerance Sucks Rocks · 16 replies
    The Daily Signal ^ | July 1, 2015 | Salim Furth
    It¬ís a progressive paradise.Public employees get 30¬†vacation days a year. Anyone who works over eight hours in a day gets paid time-and-a-half. Employees have strong rights.The minimum wage is high: 77 percent of the median wage.Environmental regulations are settled beyond the pressure of local economic interests. The forests and mountains are pristine destinations for ecotourism.Energy costs are kept high, pushing consumption down to a level deemed ¬ďsocially beneficial¬Ē. Utilities have strong public backing and provide jobs to thousands.Union jobs in shipping are protected from outsourcing to cut-rate foreign competitors.The social safety net is buoyant and provides a solid working-class standard...
  • Donald Trump Will Have to Disclose His Net Worth and Earnings From Trump University, Judge Rules

    07/04/2015 10:02:46 AM PDT · by nickcarraway · 50 replies
    New York Daily News ^ | Friday, July 3, 201 | DAREH GREGORIAN
    Donald Trump has to put his mouth where his money is. The Republican presidential candidate will have to answer questions under oath about his net worth - and about how much money he raked in from his now-defunct Trump University, a California federal court judge ruled this week. Lawyers for The Donald had contended he didn't have to answer questions in a civil racketeering lawsuit about how much money he made from the "school" because he'd already acknowledged under oath that he had "significant involvement with both the operations and overall business strategy of Trump University." In a ruling Tuesday,...
  • Starting Wednesday, Obamacare will punish businesses who help employees with health care

    07/04/2015 9:18:19 AM PDT · by afraidfortherepublic · 19 replies
    Watchdog.org ^ | 7-4-15 | Eric Boehm
    Employers who reimburse their workers for health care costs will face massive tax penalties beginning Wednesday. Prior to the passage of the Affordable Care Act, with its mandate that all Americans purchase insurance and requirement for businesses to offer employees insurance plans, many small companies provided coverage by directly reimbursing medical costs or for the cost of private insurance plans. Businesses do it because thatís a less complicated process than dealing with an official health insurance plan, but continuing to do so after July 1 could cost them hundreds of dollars in fines each day. Business groups are calling attention...
  • Burger King Supports LGBT Rights With 'Proud Whopper' And 'Be Your Way' Campaign

    07/04/2015 7:24:37 AM PDT · by EBH · 128 replies
    Huffington Post ^ | 7/1/2015 | Curtis Wong
    In what could be a first for a global fast food outlet, Burger King is making a bold proclamation in support of the lesbian, gay, bisexual and transgender (LGBT) community with the launch of a specially packaged burger. The "Be Your Way" project was created at a Burger King franchise in San Francisco, where a limited edition "Proud Whopper" sandwich was added to the menu to coincide with the city's annual pride festivities. According to press materials, guests who ordered the "Proud Whopper" found that the sandwich was the same as a classic Whooper, but came wrapped in a rainbow-colored...
  • WHERE DO WE STILL MAKE STUFF IN AMERICA?

    07/04/2015 6:42:03 AM PDT · by SeekAndFind · 56 replies
    New Geography ^ | 07/04/2015 | by Richard Morrill
    The deindustrialization of the United States has been widely considered to be a major force in shaping the economy. Itís one thing to measure where decline has been greatest but where has manufacturing survived or even grown? I use Bureau of Labor Statistics data on manufacturing jobs by county for 1967 and 2014. The results were so surprising that I at first could not believe it. In 1967 the US had 19,423,000 manufacturing jobs, 25% of an employed labor force of 76 million, while in 2014 there were 11,900,000 such jobs, constituting only 8.3 % (that is one-third of the...
  • Why anyone who compares Puerto Rico to Greece is wrong

    07/04/2015 6:36:17 AM PDT · by SeekAndFind · 16 replies
    Washington Post ^ | 07/04/2015 | By Matt O'Brien
    Its economy has been shrinking for years, its debts have been piling up for even longer, and its government has finally admitted that even brutal tax hikes and spending cuts wouldn't be enough for it to pay back everything it owes. I'm talking, of course, about Puerto Rico. Its governor, Alejandro GarcŪa Padilla, admitted to the New York Times on Sunday that the island is going to have restructure its $72 billion in debt that is "not payable." Now, if it sounds like you've been hearing some variation of this story for years now, it's because you haveójust about Greece....
  • U.N. Sec-Gen: ďObama To Sign International Agreement To End Global PovertyĒ (VIDEO)

    07/04/2015 4:44:36 AM PDT · by 2ndDivisionVet · 67 replies
    Progressives Today ^ | June 30, 2015 | P.W. Adams
    Last Friday, while most Americans were distracted debating the pros and cons of the Confederate Flag, or lamenting the latest SCOTUS rulings, Democrats and one world supporters gathered in San Francisco, California to celebrate the 70th Anniversary of the United Nations. The event, held in San Francisco City Hall, was a Progressive star-studded event featuring the likes of Governor Jerry Brown, Mayor Ed Lee, and Democratic Congresswoman Nancy Pelosi. But the most compelling statement was made the the keynote speaker, the Secretary-General of the United Nations Ban Ki-Moon. Secretary Moon admitted that in September World Leaders, including President Obama,are set...
  • Wisconsin economy lags after Walker's spending and tax cuts

    07/04/2015 3:47:12 AM PDT · by 2ndDivisionVet · 48 replies
    The Chicago Tribune ^ | June 26, 2015 | Staff
    In 2011, new Republican Gov. Scott Walker set the creation of 250,000 jobs as the benchmark for success of his new administration. Walker missed that goal by a wide margin over his first term despite an embrace of sweeping tax cuts aimed at stimulating growth. Instead, the cuts helped dig a more than $2 billion hole in the state budget.Wisconsin ranked 36th among the states and District of Columbia in the pace of private-sector job growth during Walkerís term, trailing all Rust Belt states and all but one other state in the Midwest.A PROJECTED SURPLUS TURNS INTO A DEFICIT JANUARY...
  • NASCAR Distances Itself From Donald Trump After Remarks

    07/03/2015 8:30:56 PM PDT · by nickcarraway · 90 replies
    NASCAR is the latest corporation to distance itself from Donald Trump. On the same day one of its top sponsors called on NASCAR to take a stance against Trump, the motorsports series said it will not hold its season-ending awards ceremony at the Trump National Doral Miami. "We looked at everything we saw coming down and what we heard from our sponsors and our partners and what we feel we should be doing, and that's what led us to the decision today," NASCAR spokesman David Higdon said Friday at Daytona International Speedway. Trump's spokesman, Hope Hicks, declined to comment to...
  • First Lady Brings ĎLetís Moveí Message to Milan

    07/03/2015 8:13:35 PM PDT · by Tolerance Sucks Rocks · 38 replies
    CNSNews.com ^ | July 1, 2015 | Ali Meyer
    (CNSNews.com) - First lady Michelle Obama traveled to Milan last week as part of the ĎLetís Move!í Program to promote a ďglobal dialogue about the future of our food system,Ē according to the LetsMove.gov blog. Mrs. Obama led the Presidential Delegation to the Milan Expo 2015 with the theme ďFeeding the Planet, Energy for Life,Ē where she shared the ďsuccesses of Letís Move! and the efforts happening in the United States to support healthier lifestylesĒ and ďlearned from other countriesí leaders about how they are addressing the issue of childhood obesity and raising healthier families.Ē ďThatís why itís so important...
  • Greek banks prepare plan to raid deposits to avert collapse

    07/03/2015 5:53:34 PM PDT · by House Atreides · 83 replies
    FT.com ^ | July 3, 2015 | Kerin Hope
    Greek banks are preparing contingency plans for a possible ďbail-inĒ of depositors amid fears the country is heading for financial collapse, bankers and businesspeople with knowledge of the measures said on Friday. The plans, which call for a ďhaircutĒ of at least 30 per cent on deposits above Ä8,000, sketch out an increasingly likely scenario for at least one bank, the sources said.
  • In letter to employees, Humana CEO promises some jobs to remain in Louisville

    07/03/2015 1:07:17 PM PDT · by Republican Wildcat · 15 replies
    WDRB News ^ | 07/03/2015
    OUISVILLE, Ky. (WDRB) -- WDRB News has obtained an e-mail message that was distributed to Humana employees this morning, after news of a proposed sale of Humana to Aetna became public. The e-mail was from Bruce Broussard, the president and CEO of Humana. The text of that e-mail is reproduced below: (Click HERE to also view a FAQ that was distributed to stakeholders.) A Message from Bruce Broussard Today marks an important and exciting day in our companyís history. We have just announced that Aetna and Humana will merge to create a new healthcare organization. While there are many reasons...
  • The surging truth-tellers of the GOP (Ted Cruz and Don Trump)

    07/03/2015 10:22:07 AM PDT · by 2ndDivisionVet · 28 replies
    The Washington Times' Pruden On Politics ^ | July 2, 2015 | Wesley Pruden
    Donald Trump is surging in New Hampshire, and Chris Christieís back on the hunt, sounding like a born-again contender. Theyíre both long shots ó the Donald is off the board ó but theyíre making the kind of noise the wiseheads say they canít make. Bernie Sanders is the October surprise for Hillary, drawing the crowds of autumn a year early, and all the Queen of Avarice is collecting now is the stuff you get on your shoes on a stroll through the barnyard. Itís not a race, not yet, and the Gestapo, some of them decked out in the Nazi...
  • Since 2007 The US Has Lost 1.4 Million Manufacturers, Gained 1.4 Million Waiters And Bartenders

    07/03/2015 10:08:38 AM PDT · by SeekAndFind · 19 replies
    Zero Hedge ^ | 07/02/2015 | Tyler Durden
    Presented without comment. * December 2007 is when, according to the NBER, the recession started. The same recession which also according to the NBER ended precisely 6 years ago.
  • Greek banks down to Ä500m in cash reserves as economy crashes

    07/03/2015 8:35:26 AM PDT · by C19fan · 12 replies
    UK Telegraph ^ | July 2, 2015 | Ambrose Evans-Pritchard
    Greece is sliding into a full-blown national crisis as the final cash reserves of the banking system evaporate by the hour and swathes of industry start to shut down, precipitating the near disintegration of the ruling coalition. Business leaders have been locked in talks with the Bank of Greece, pleading for the immediate release of emergency liquidity funds (ELA) to cover food imports and pharmaceutical goods before the tourist sector hits a brick wall.
  • China State Official Hints Beijing May Bailout Greece

    07/03/2015 6:57:07 AM PDT · by SeekAndFind · 15 replies
    Zero Hedge ^ | 07/03/2015 | Tyler Durden
    On Monday, after Greek PM Alexis Tsiprasí dramatic referendum call sparked a run on Greek ATMs, grocery stores, and gas stations, we did our part to help ameliorate the situation by sending a subtle message to Athens: Dear Greece, if you want to apply for a loan from the Asian Infrastructure Investment Bank, send an email to: information@aiibank.orgó zerohedge (@zerohedge) June 28, 2015 Indeed, now may be an opportune time to tap Beijing for a few billion given that China officially launched the AIIB this week.†As a reminder, the success of Chinaís AIIB membership drive was a political disaster...
  • Oregon launches program to tax drivers by the mile

    07/03/2015 6:45:07 AM PDT · by Enlightened1 · 55 replies
    Fox News ^ | 07/03/15 | Dan Springer
    Oregon launches program to tax drivers per mile Never autoplay videos David Hastings is a rare American. This long-time hybrid car owner from Oregon wants to pay higher taxes for roads and bridges and says the current 30 cents per gallon state gas tax barely affects him. "I've been free-loading on the highways for 20 years driving electric cars or hybrid cars, getting at least 40 miles to the gallon. So I haven't been paying my share," Hastings said. Now, Hastings will pay more thanks to OReGO -- the first pay-by-the-mile program in the U.S. Oregonís Department of Transportation has...
  • Greek Prime Minister Alexis Tsipras learning EUís No. 1 rule: Donít mess with Angela Merkel

    07/03/2015 6:12:43 AM PDT · by canuck_conservative · 9 replies
    Financial Post [Canada] / Bloomberg ^ | Friday, July 3, 2015 | Matthew Campbell
    ... The German chancellorís disapproval helped end the political careers of former Italian prime minister Silvio Berlusconi and Greek leader George Papandreou. After burning through whatever goodwill he had with Merkelís lawmakers and the German public, the current Greek premier could be next.... ďWe are watching the end of the political career of Alexis Tsipras,Ē Jacob Kirkegaard, a senior fellow at Peterson Institute in Washington, said in a Bloomberg Radio interview. ďMr. Tsipras can continue his career on T-shirts for students, replacing Che Guevara.Ē... Refusing to play ball with Germany didnít turn out well for Berlusconi, whose premiership had survived...
  • Record 93,626,000 Americans Not in Labor Force; Participation Rate Declines to 62.6%

    07/03/2015 5:50:41 AM PDT · by TurboZamboni · 21 replies
    CNS ^ | 7-2-15 | Ali Meyer
    CNSNews.com) - A record 93,626,000 Americans 16 or older did not participate in the nationís labor force in June, as the labor force participation rate dropped to 62.6 percent, a 38-year low, according to the Bureau of Labor Statistics. In June, according to BLS, the nationís civilian noninstitutional population, consisting of all people 16 or older who were not in the military or an institution, hit 250,663,000. Of those, 157,037,000 participated in the labor force by either holding a job or actively seeking one. The 157,037,000 who participated in the labor force equaled only 62.6 percent of the 250,663,000 civilian...
  • TRUMP, JUNE 23, 2015

    07/03/2015 5:41:19 AM PDT · by knarf · 7 replies
    youtube ^ | July 3, 2015 | knarf
    I like what he says and how he delivers
  • F-35 fighter makers leap to its defence after it loses dogfight to 1970s jet

    07/03/2015 5:15:47 AM PDT · by PotatoHeadMick · 54 replies
    The Daily Telegraph (UK) ^ | 02 Jul 2015 | Alan Tovey
    An extraordinary defence of the troubled F-35 Joint Strike Fighter has been issued by the Pentagon and Lockheed Martin, the lead company building the jet. The response came after influential military blog ďWar is BoringĒ published a story claiming the new ď5th generationĒ jet Ė which Britain is buying a fleet of Ė was unable to beat a 1970s design F-16 ď4th generationĒ fighter in a mock dogfight. The blog said it had seen a report from the F-35 test pilot on the exercise, explaining how his jet was too sluggish to get the older jet in his sights, and...
  • The real reason the unemployment rate Ďfellí in June 2015

    07/03/2015 5:12:38 AM PDT · by SeekAndFind · 8 replies
    New York Post ^ | 07/03/2015 | John Crudelle
    Youíve probably heard this phrase: ďThere are lies, damned lies and there are statistics.Ē Letís look at the latest statistics from the Labor Department and you decide whether we are being told the truth, lied to or simply misled by faulty numbers. On Thursday, Labor, in the first sentence of its June jobs report statement, said that ďpayroll employment increased by 223,000 and the unemployment rate declined to 5.3 percent. Thanks, but Iíd like to focus instead on the fifth paragraph and the very last paragraph. First, the unemployment rate. It was down from 5.5 percent in May, so instinctively...
  • Aetna to acquire Humana for $37 billion [Obamacare Moves Closer to Full Blown Fascism]

    07/03/2015 4:40:45 AM PDT · by SoFloFreeper · 48 replies
    WDRB-TV ^ | 7/3/15 | Dalton Main
    Aetna has reached a $37 billion deal to buy Humana. A news release from the two companies says Aetna will acquire all outstanding shares of Humana for a combination of cash and stock valued at approximately $230 per share. The deal was unanimously approved by the board of directors....
  • 2 Steps Forward, 1 Step Back For Jobs As Fed Watches [Labor Participation Hits 38-year Low]

    07/03/2015 4:40:06 AM PDT · by expat_panama · 35 replies
    Investors Busniness Daily ^ | 07/02/2015 | ANDREA RIQUIER,
    Job gains stayed healthy in June and the unemployment rate hit a seven-year low, but workforce participation skidded and wage growth remained anemic, muddling views of the labor market for a central bank seeking clarity. Employers added 223,000 jobs, the Labor Department said Thursday, about as many as economists had forecast, and the jobless rate fell to 5.3% from 5.5%. The number of people working part-time because they can't find full-time work fell, as did the number of long-term unemployed. But 432,000 people left the workforce, and the labor force participation rate fell to 62.6%, the lowest since 1977. Wage...
  • Welcome to Wisconsin, Mr. President

    07/03/2015 12:47:53 AM PDT · by Cincinatus' Wife · 22 replies
    Real Clear Politics ^ | July 2, 2015 | Scott Walker
    Bright spots in the Obama economy are few and far between, as opportunities for small businesses and entrepreneurs are often quashed by a federal government that has grown too large, powerful and pervasive. Thatís why itís telling that the president is scheduled to be in La Crosse, Wis., this week for an event focusing on the economy. To be sure, Wisconsinís economy has enjoyed a dramatic recovery over the last few years. But our fortunes have improved in spite of Ė not because of Ė the presidentís big-government policies. Reforming our bloated federal government is essential to revitalizing our nationís...
  • Fewer Californians got into UC, while offers to foreign students rose

    07/03/2015 12:41:29 AM PDT · by afraidfortherepublic · 16 replies
    LA Times ^ | 7-2-15 | Larry Gordon
    With the number of UC applicants at a new high, California residents faced tougher odds of gaining acceptance into next fall's freshman classes. A record number of students from other countries and states, meanwhile, received offers of admission.. About 60% of the 103,117 California applicants were offered a spot on at least one of UC's nine undergraduate campuses, according to university figures released Thursday. That appears to be a record low acceptance rate, down from about 63% of the 99,955 applicants last year, and about 79% in 1999, the oldest available systemwide figures. However, Stephen Handel, UC associate vice president...
  • Hillary Clinton: How much longer can she hide the truth?

    07/03/2015 12:20:43 AM PDT · by afraidfortherepublic · 56 replies
    Fox News ^ | 7-2-15 | Andrew Napolitano
    In the course of my work at Fox News, I am often asked by colleagues to review and explain documents and statutes. Recently, in conjunction with my colleagues Catherine Herridge, our chief intelligence correspondent, and Pamela Browne, our senior executive producer, I read the transcripts of an interview Browne did with a man named Marc Turi, and Herridge asked me to review emails to and from State Department and congressional officials during the years when Hillary Clinton was the secretary of state. What I saw has persuaded me beyond a reasonable doubt and to a moral certainty that Clinton provided...
  • Greek debt crisis: Major rallies due ahead of vote

    07/02/2015 9:55:37 PM PDT · by BenLurkin · 7 replies
    BBC ^ | 46 minutes ago
    Divisions in Greece have sharpened ahead of the vote. One poll cited by euro2day.gr said 47% of people were leaning toward a "Yes" vote, with the "No" camp at 43%. A previous poll suggested the "No" camp had a shrinking lead. Mr Tsipras has said that a strong "No" vote will help lead to a "better agreement" with creditors. "Our efforts are focused on overcoming the crisis as fast as possible, with a solution that preserves the dignity and sovereignty of our people,'' he said. But EU leaders have warned that a "No" vote on Sunday may see Greece leave...
  • Honeymoon is over for Greek couple who went penniless in NYC

    07/02/2015 8:45:33 PM PDT · by Kartographer · 9 replies
    AP via Yahoo News ^ | 7/2/15 | VERENA DOBNIK
    Newlyweds Valasia Limnioti and Konstantinos Patronis' long-planned "dream trip" to America ended in New York City, where their three-week honeymoon quickly turned into a nightmare: Their Greek-issued credit and debit cards were suddenly declined and they were left penniless. "We were hungry, and I cried for two days," Limnioti said. "I felt homeless in New York." The couple skipped a few meals before spending their last dollars on dinner at McDonald's. Strangers from two Greek Orthodox churches in the city's Queens borough came to the rescue, giving them survival cash until their flight home to Greece on Friday. Their financial...
  • CCSD teachers protest salary freeze for 2015-2016 school year

    07/02/2015 6:14:36 PM PDT · by redreno · 13 replies
    http://www.news3lv.com ^ | 07/02/2015 | Kelsey Thomas
    LAS VEGAS (KSNV News3LV) Ė Teachers who work for the Clark County School District may not get a pay raise in the upcoming school year. They are not happy about it and they are making sure the district hears them loud and clear. Teachers say they feel under valued at a time when the district is offering a sign-on bonus to new teachers of up to five thousand dollars. They say the district should focus on retention, rather than recruitment. "My stomach just dropped. It was just another punch to the stomach," said Elizabeth Harris.
  • Summer spirit sales are soaring (Bon Vivant!!)

    07/02/2015 5:15:35 PM PDT · by NormsRevenge · 12 replies
    Yahoo Finance ^ | 7/1/15 | Kevin Chupka
    Traditionally, purveyors of alcoholic beverages have focused a lot of their attention on the holiday season. But one major spirits company says the tide is turning, and summer is fast becoming an even more popular time of year to imbibe. Kate Pomeroy of spirits giant Pernod Ricard says there are two sides to the story when it comes to summerís growth in liquor popularity. ďThereís the traditional summer drinks - the rums, the tequilas, the vodkas,Ē she notes, ďbut then on the other side what weíre seeing is whiskey, which is a burgeoning trend across the whole category. Consumers are...
  • Schools Implant IUDs in Girls as Young as 6th Grade Without Their Parents Knowing

    07/02/2015 3:51:59 PM PDT · by NYer · 30 replies
    Life News ^ | July 2, 2015 | STEVEN ERTELT, REBECCA DOWNS
    Earlier this month, LifeNews.com reported on a high school in Seattle, Washington that is now implanting intrauterine devices (IUD), as well as other forms of birth control and doing so without parental knowledge or permission.The IUD is known as a long acting reversible contraception, and may even act as an abortifacient. So, a young teen in Seattle can’t get a coke at her high school, but she can have a device implanted into her uterus, which can unknowingly kill her unborn child immediately after conception. Or, if she uses another method, she can increase her chances of health risks for...
  • Petition to Amazon: Remove Che Guevara

    07/02/2015 2:46:14 PM PDT · by mrdarklight · 30 replies
    change.org ^ | 7/2/2015 | Rob H.
    Hi folks, Owing to the recent removal of Confederate flags on Amazon, I decided to call them on it. I created a petition on change.org to call for them to remove all material related to Che Guevara, the Cuban Communist activist/terrorist. I personally don't care for the Confederate flag, but as a conservative, I don't think it's my place to decide what people fly in their yards, or wherever they want. That's not the American way. So if we are going to ban the Confederate flag, we should ban works that are far more destructive, like T-shirts and posters glorifying...
  • CMSí Secretive Settlement: $1.3 billion in improper hospital claims paid out

    07/02/2015 1:21:17 PM PDT · by Red Badger · 8 replies
    freebeacon.com ^ | July 2, 2015 2:00 pm | Joe Schoffstall
    The Center for Medicare and Medicaid Services secretly paid out over a billion dollars in improper hospital claims earlier last month, despite auditors labeling them unnecessary previously. The payments, which were quietly announced on June 1 by CMS, totaled $1.3 billion and involved 1,900 hospitals and 300,000 claims that had been already denied by CMS auditors on two different levels as medically unnecessary. The Department of Health and Human Services Office of Medicare Hearings and Appeals settled hundreds of thousands of appeals for 68 cents on the dollar. The money used to cover the claims will be taken from the...
  • United flight bound for DC is diverted to Ohio (tr)

    07/02/2015 12:15:09 PM PDT · by dware · 11 replies
    Daily Mail ^ | 07.02.2015 | Sophie Jane Evans
    FULL TITLE: United flight bound for DC is diverted to Ohio after female passenger 'makes threatening comments about a bomb' A United Airlines flight from Missouri to Washington D.C. was diverted to Ohio on Thursday after a female passenger allegedly made threatening comments about a bomb while on board the plane. United Express Flight 3342 had set off from St Louis at around 8.50am and was traveling to the nation's capital when the flier, described as being 'in her fifties', made the remarks, officials said. The flight crew alerted the pilot, who decided to take action and the aircraft was...
  • Scott Walker files papers to run for president

    07/02/2015 11:36:33 AM PDT · by Cincinatus' Wife · 33 replies
    Milwaukee Journal Sentinel ^ | July 2, 2015 | By Mary Spicuzza
    Gov. Scott Walker is making it official that he is running for president ó sort of. Wisconsin's Republican governor filed papers with the Federal Election Commission Thursday "after hearing from countless Americans" during his testing the waters stage, an aide said. "While I have not yet announced whether I will be a candidate for President of the United States, I have received contributions of more than $5,000 within the last 15 days," Walker wrote in a Thursday letter to the FEC. "Should I formally announce, I will seek the Republican nomination for the office of President of the United States...
  • 'Buck Naked, People Doing Sex': Families Furious at Hollywood Hills Airbnb 'Campsite'

    07/02/2015 10:24:53 AM PDT · by Bubba_Leroy · 24 replies
    NBC Los Angeles ^ | July 2, 2015 | Michael Larkin and Gadi Schwartz
    Families in an affluent Hollywood Hills community are outraged after claiming to see people openly drinking and having sex on a campsite being rented out in their community. Advertised through the Airbnb website, the site is advertised as a "Hollywood Hills Camping Retreat" on La Punta Drive, but sits in middle of a multimillion-dollar neighborhood. For the cost of $40 per night ó or $800 a month ó people get a tent, spectacular views and are within short walking distance of the Hollywood sign. The listing appeared to have been taken down as of Thursday morning. But people living in...
  • Billionaire to billionaire: Carlos Slim cuts ties with Donald Trump

    07/02/2015 10:02:03 AM PDT · by jimbo123 · 65 replies
    Business Review USA ^ | 7/2/14 | Rebecca Castrejon
    The richest businessman in Mexico, Carlos Slim, has cut ties with Donald Trump after the latter offended Mexicans during his speech announcing his run for the presidency of the United States. The magnates were going to launch a television mega project with Larry King, named Ora TV, which would be a producing company financed by America Movil. The partnership is over as of June 29 after Trump carried on offending the neighboring country. Slimís spokesperson, and son-in-law, Arturo Elias, stated: ďWorking with someone that narrow-minded was not going to work out.Ē He added that the comments were racist, especially when...
  • Jindal Angers Hollywood Producers by Axing Louisianaís Film Tax Credits

    07/02/2015 9:59:44 AM PDT · by SeekAndFind · 26 replies
    National Review ^ | 07/02/2015 | Jon Hartley
    Last week, before Louisiana governor Bobby Jindal declared himself a 2016 presidential candidate, the governor quietly signed legislation into law that caps state tax credits for film in the state at $180 million per year that will save the state $77 million annually ó a wise move, given that the Louisiana government currently faces a $1.3 billion budget deficit. In response, Hollywood producers have threatened to take their film projects to states that offer larger film tax credits, such as Georgia. Capping film tax credits is a new position for Governor Jindal. He has largely been supportive of tax credits,...
  • America's Current Jobs Picture: Part-Time Jobs Surge By 161,000; Full-Time Jobs Tumble By 349,000

    07/02/2015 9:05:15 AM PDT · by SeekAndFind · 8 replies
    Zero Hedge ^ | 07/02/2015 | Tyler Durden
    While the kneejerk reaction algos were focusing on the +223K jobs number reported by the Establishment Survey, few if anyone notched that the Household survey reported a decline of 56,000 workers in June. But what's worse, is that according to this survey which according to some is far more reliable than its peer, the composition of the US labor force once again deteriorated rapidly with part-time jobs added in June surging by 161,000 while the number of full time jobs tumbled by 349,000.†Putting this number in context, while the total number of US workers has long since surpassed its...
  • Train Carrying Toxic Gas Derails in Tennessee

    07/02/2015 8:38:46 AM PDT · by ShadowAce · 12 replies
    NASDAQ ^ | 2 July 2015 | Dow Jones Business News
    A tank car containing a hazardous flammable chemical derailed and caught fire just south of Knoxville, Tenn., causing the evacuation of 5,000 residents within a two-mile radius of the crash. The train was traveling to Waycross, Ga., from Cincinnati, Ohio, when a single tank car derailed and caught fire around midnight in the area of Maryville, Tenn., rail operator CSX Corp. said in a statement. No civilians were injured by the fumes, but 10 law enforcement officers helping with the evacuation were taken to a nearby hospital to be treated for exposure to the fumes, said Marian O'Briant, spokeswoman for...
  • June jobs report: 223K added, but 432K left workforce, April-May revised down 60K

    07/02/2015 8:18:01 AM PDT · by SeekAndFind · 14 replies
    Hotair ^ | 07/02/2015 | Ed Morrissey
    If you like topline numbers, you‚Äôll like the June jobs report, issued a day early because of the Independence Day headline. The US economy added 223,000 jobs in June, a respectable if unspectacular level of job growth that outpaces population growth, and the U-3 jobless rate dropped to 5.3%. It‚Äôs when one looks past the topline numbers that the problems emerge ‚ÄĒ chief among them the fact that almost twice as many people left the workforce as found jobs: Total nonfarm payroll employment increased by 223,000 in June, and the unemployment rate declined to 5.3 percent, the U.S. Bureau...
  • US adds 223K jobs in June [but don't get excited]

    07/02/2015 8:17:31 AM PDT · by upchuck · 5 replies
    the hill ^ | July 2, 2015 | Vicki Needham
    U.S. employers added 223,000 jobs in June as the economy maintained a steady if an underwhelming pace of growth, the Labor Department reported on Thursday. The unemployment rate fell to 5.3 percent last month ó a seven-year low ó from 5.5 in May, but only because people stopped looking for work, sending the labor force participation rate down to a 38-year low. While jobs growth is maintaining a steady pace ó 221,000 jobs on average were added over the past three months ó there was some disappointing data. There were 60,000 fewer jobs created in April and May than initially...