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For over eight years the Israeli company SodaStream has been dealing with ongoing attacks by the BDS movement, calling to boycott it over its factory in Mishor Adumim to the east of Jerusalem that eventually it was forced to move to the Negev in late 2014. Large economic losses inflicted by the BDS boycott movement forced the company to make the move - but the big losers in the story are the hundreds of Palestinian Arab employees of SodaStream who lost their jobs and income. SodaStream CEO Daniel Birnbaum spoke to Yedioth Aharonoth about the hardships which came to the...

This is a major economic blow to Indianapolis' struggling manufacturing sector. One of the City's largest employers, Carrier, announced it's closing its manufacturing facility on Indianapolis' west side, eliminating 1,400 jobs. The layoffs will begin in 2017 and be spread over three years according to the Indianapolis Star. Carrier's president of HVAC systems, Chris Nelson, says the move is part of the "continued migration of the HVAC industry to Mexico, including our suppliers and competitors, and ongoing cost and pricing pressures driven, in part, by new regulatory requirements." Let me guess that more than a few of these workers at...

Back in 2014, the guided missile-carrying destroyer USS John Paul Jones made history. During a live fire missile tests, one of its SM-6 air defense missiles completed the longest surface-to-air engagement in naval history. The Navy wouldn't say the exact range of the missile for security's sake, but the ability to take out incoming missiles or aircraft at long range is obviously valuable. Now, that ability is expanding. The Navy says it will modify the Raytheon-built Standard Missile-6 to act as a supersonic anti-ship missile. Defense Secretary Ashton Carter has confirmed the service was developing the anti-ship SM-6 in an...

75% of Silicon Valley's Tech jobs go to Foreign born workers - Palo Alto Online http://www.paloaltoonline.com/news/2016/02/10/silicon-valleys-year-amazing-but-with-perils Palo Alto Online News Uploaded: Wed, Feb 10, 2016, 8:34 pm Silicon Valley's year: 'amazing' but with 'perils' 2016 Silicon Valley Index finds phenomenal economic growth but questions if it will last by Sue Dremann / Palo Alto Weekly Joint Venture Silicon Valley's annual economic study found that 2015 was a year of record-breaking growth and prosperity, but it cautioned that there are perils associated with this kind of break-neck trajectory. It cautioned that a fourth-quarter slowdown, raised the question of whether it marks...

Asia markets extend rout as Nikkei plunges 5.3% Saheli Roy Choudhury | @sahelirc Markets in Asia dropped sharply on Friday, with the Nikkei tumbling, after a sell-off on Wall Street as oil remained volatile and concerns about how central banks' easing measures will affect banks' earnings persisted. "The idea that central banks are now fully targeting the interest rate structure and putting a gun to domestic banks heads in a fight to stoke credit growth is in no way an equity friendly story," wrote Chris Weston, chief market strategist at spreadbetter IG, in a morning note. The Bank of Japan...

Former congresswoman Michele Bachmann (R-Minn.) recently joined historian David Barton on the show “Foundations of Freedom,” where she spoke out against the progressive income tax system, saying that class warfare rhetoric leads people to “violate the 10th Commandment.” “It’s appealing to the lower interest of man, and it appeals to the American people to violate the 10th Commandment,” Bachmann said. “We are told, ‘Don’t covet’ — in other words don’t be jealous and don’t want what your neighbor has … Instead politicians say, ‘Oh no, no. Your neighbor is rich, because he stole it from you.’” She continued, “That’s not...

“Donald Trump's ground game in South Carolina is for real and reaches down deep into rural areas,” former State GOP Chairman Van Hipp, who is neutral in the presidential race, told me. Recalling how his state was pivotal to George H.W. Bush securing the presidential nod in 1988 and George W. Bush rebounding against John McCain in 2000, Hipp said Trump’s strong organization suggests “he took a page out Bush 41 and W's playbook and made South Carolina the campaign's firewall.”

Like seven million other Americans last week, I watched Madoff, the ABC miniseries chronicling the life and financial crimes of the infamous Bernie Madoff. Madoff, chairman of Madoff Investment Securities from its start-up in 1960 until his arrest on December 11, 2008, operated the largest corporate Ponzi scheme and financial fraud in U.S. history. The film, which starred Richard Dreyfuss and Blythe Danner as Madoff and his wife Ruth, aired for four hours over two evenings. The film had the highest viewership of its time-slot, but earned only modest reviews. After the film, ABC aired Madoff: After the Fall, a...

PARIS (AP) -- Questions are growing over the financial health of banks, particularly in Europe and the U.S., as they face a toxic mix of low economic growth, bad loans and squeezed earnings. France's Societe Generale became Thursday the latest bank to issue a confidence-shattering profit warning, which helped trigger a new sell-off in financial stocks. The bank saw its share price stumble 12 percent and major rivals like Deutsche Bank and UniCredit saw losses of nearly 10 percent. European banks are not the only ones to suffer. Japanese bank Mitsubishi Financial fell 7 percent on Thursday. In the U.S.,...

All signs point to a general election matchup between Donald Trump and Hillary Clinton — despite the stunning New Hampshire win for Democratic presidential contender Sen. Bernie Sanders and the deep pockets of establishment GOP campaigners, according to one pollster. "Forget the day-after hoopla," Fran Coombs, the managing editor of Rasmussen Reports, writes Wednesday. "It's still looking like Trump vs. Clinton this November." Trump's firm hold on the GOP primary will be tough to topple as he continues to capitalize on voter anger with the establishment, Coombs writes. "Considering that 87 percent of Republicans and 67 percent of all voters...

While I was in Texas this past December, I attended a mounted shooting competition about 50 miles from Fort Worth.  The competition was organized by Texas Smoking Guns. I had not attended one before.  The event was held at Salt Creek Arena and Stables, on FM 51, just south of Boyd, Texas.Several things are different about Mounted Shooting compared to more conventional shooting competitions.  The most obvious is that they do not use conventional ammunition.  They use blanks.  Special blanks, that are not provided by the shooters, but are issued to them by the organization holding the meet. This...

About two-dozen people filed into Dodd 175 at the University of California, Los Angeles (UCLA) campus last Thursday night, scouting out seats and picking at the kosher pizza in the back of the lecture hall. Miyelani Pinini knows the drill. A former student president of the University of Cape Town in South Africa, she's attended and even organized her share of free-pizza events. But now she and a fellow South African student leader -- both non-Jewish black people -- were the stars of this one, brought to campus by StandWithUs, a pro-Israel education and advocacy organization, and Students Supporting Israel,...

On Aug. 5, 2015, contractors for the Environmental Protection Agency accidentally released 3 million gallons of contaminated wastewater into Cement Creek, a tributary of the Animas River. Six months later, questions about the effects of spring runoff, Superfund status and remediation remain unanswered.N.M. official blasts EPA over Gold King spill‘When storm events occurred, the sediment was remobilized’ Where the Animas goes The Gold King Mine blowout on Aug. 5, 2015 sent 3 million gallons of wastewater into the Animas River, which flows into the San Juan River. The San Juan flows into the Colorado River. The Colorado River is dammed,...

The powerful agency that manages development on California’s coastline fired its executive director Wednesday after a lengthy and, at times, emotionally charged meeting that veered from accusations about the influence of developers and lobbyists to discussions on the mundane inner workings of government. The California Coastal Commission voted 7-5 to dismiss Charles Lester, who has held the post since 2011. The shake-up raises questions about the direction of an agency often caught in the clash between property rights and conservation. The panel has broad sway over construction and environmental issues in coastal areas that include some of the most coveted...

<p>INDIANAPOLIS, Ind. (Feb. 10, 2016) – Carrier plans to relocate its Indianapolis operations to Mexico over the next three years, a move that will affect about 1,400 jobs.</p> <p>Jobs will begin transitioning to Monterrey, Mexico, in 2017, with completion estimated in 2019. The company manufactures heating, ventilating, air conditioning and refrigeration systems at its plant located on West Morris Street.</p>

The global Central Banks have declared War on Cash. Historically, one of the safest things to do when the markets begin to collapse is to move a significant portion of your holdings to cash. As the old adage says, during times of deflation, "cash is king." The notion here is that cash is a safe haven. And while earning 1-2% in interest doesn't do much in terms of growing your wealth, it sure beats losing 20%+ by holding on to stocks or bonds during their respective bear markets However, in today's world of fiat-based Central Planning, cash represents a REAL...

In an extensive Facebook rant, Coulter highlighted excerpts from debate transcripts in which Trump denied support for socialized medicine. In both instances she referenced, Trump denied support for Obamacare, arguing that he would repeal it and replace it with "something so much better." Asked about universal health care during an interview with 60 Minutes in September, Trump said, "I am going to take care of everybody. I don't care if it costs me votes or not." "The government's gonna pay for it," Trump replied. "But we're going to save so much money on the other side. But for the most...

I've been watching this guy for a few years. He's a market analyst type that does a lot of commentary about the direction of the stock market and the economy in general. He's one of the few guys whose opinion I trust. He's been doing financial commentary for years and is also a medical doctor. Quite a resume! Anyway, enjoy! Here is the link: Today's market analysis: Humanity at a Crossroads

The number of jobs in the services sector has increased by 2.4 million in the past year, while the number of jobs in goods-producing industries has risen by just 176,000. “The stock market is preoccupied with itself,” and those Wall Street blinders are leading a lot of people to think the economy is doing a lot worse than it really is, said Ian Shepherdson, chief economist for Pantheon Macroeconomics and the winner of the January Forecaster of the Month award from MarketWatch. If you watch the stock market ticker DJIA, -1.91% all day, you’re probably worried that the U.S. economy...

U.S. equities fell sharply Thursday as investors digested a massive global sell-off and oil prices fell further. "I'll say this again, the arbitrary desire on the part of the Fed, ECB, BoJ, BoE, Riksbank, and SNB for 2% inflation has truly wrecked havoc on the global economy and has lit major financial instability," Boockvar said. "The central banks have lost control of the situation," said Peter Cardillo, chief market economist at First Standard Financial. "If this continues, there's real trouble ahead." Cardillo said. "I think we could see a bounce there. Otherwise, we're in trouble."