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Keyword: industry

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  • Researchers demonstrate method that reduces friction between two surfaces to almost zero...

    05/15/2015 1:36:22 PM PDT · by Red Badger · 23 replies
    05-15-2015 | Bob Yirka
    A team of researchers working at Argonne National Laboratory, in Illinois, has found a way to dramatically reduce friction between two macroscopic scale surfaces—to near zero. In their paper published in the journal Science, the team describes how they accidently discovered the method and why they believe it might be useful for real world applications. As most people are aware, friction causes energy loss and wear and tear on mechanical parts—lubricants such as oil are used to help reduce friction and to dissipate heat, but scientists would really like to find a way to prevent it from happening in the...
  • Where will the next price implosion be? Oil has fallen off a cliff, What industry is next?

    01/14/2015 6:37:10 AM PST · by SeekAndFind · 21 replies
    American Thinker ^ | 01/14/2015 | James Longstreet
    We have witnessed the price implosion of oil, and the subsequent decline in gasoline prices. Is this the beginning of a trend, and what industry will admit and be subject to an inability to control its pricing structure? Cable television? The cost of cable television is a broken promise. Originally, for those old enough to remember, the promise of cable television was that though it may involve a charge, something new for television, there would be no commercials. Anyone remember? Now, the cable providers have it both ways. There are commercials, and infomercials, on which they receive money from not...
  • US won't stop Native Americans from growing, selling pot on their lands

    12/11/2014 11:56:00 AM PST · by CorporateStepsister · 55 replies
    MSN News ^ | December 11, 2014 | Timothy Phelps
    WASHINGTON — Opening the door for what could be a lucrative and controversial new industry on some Native American reservations, the Justice Department on Thursday will tell U.S. attorneys to not prevent tribes from growing or selling marijuana on the sovereign lands, even in states that ban the practice. The new guidance, released in a memorandum, will be implemented on a case-by-case basis and tribes must still follow federal guidelines, said Timothy Purdon, the U.S. attorney for North Dakota and the chairman of the Attorney General's Subcommittee on Native American Issues. It remains to be seen how many reservations will...
  • UNPRECEDENTED: Obama Forces Insurance Industry to Withhold 2015 Prices Until After Election

    11/03/2014 8:44:30 PM PST · by Nachum · 58 replies
    The Gateway Pundit ^ | 11/3/14 | Jim Hoft
    For the first time in modern history, the Obama administration has forced insurance companies to withhold 2015 prices until after the election. So he can shield Democrats. In the past, new prices were announced 60 days before the first day of the year. Not this year. Warner Todd Huston reported: Barack Obama is again playing political games with our health insurance industry and has turned in another underhanded move against it by forcing insurance carriers, brokers and agents to withhold their 2015 prices until after the 2014 midterm elections are over all so that the news of higher prices won’t...
  • Industrial output collapse blamed on holidays (Germany)

    10/08/2014 7:45:12 AM PDT · by Olog-hai · 7 replies ^ | 07 Oct 2014 10:24 GMT+02:00 | (AFP/The Local)
    German industrial production dropped at its fastest rate since 2009 in August, weighed down by falling manufacturing and construction output. The latest set of poor economic figures have prompted fears of a recession. […] Manufacturing output fell by 4.8 percent and construction output was down by 2.0 percent while energy construction output edged up by 0.3 percent, the (economy) ministry calculated. It blamed the fall in August on the summer break, saying production output was affected “by the late position of the summer holidays”.
  • How Recession-Proof Is Your Job Sector?

    07/08/2014 12:46:53 PM PDT · by SeekAndFind · 15 replies
    Of Two Minds ^ | 07/08/2014 | Charles Hugh-Smith
    History suggests that previously sound assumptions about financial security and recession-proof sectors may not apply in the next recession. Nobody wants to lose their job in a recession, but that's what happens when credit tightens, profits fall and tax revenues decline. Every enterprise that can't borrow unlimited sums of money at near-zero interest rates has to cut costs, and since labor and labor overhead (pension contributions, healthcare insurance, etc.) are the biggest expense for the vast majority of enterprises (including government agencies), payroll must be trimmed one way or another: either by lay-offs or by attrition, i.e. not hiring replacements for...
  • Homely/Bizarre Soviet-Era Vehicles: They Waited TEN Years for THIS?

    07/01/2014 3:33:49 AM PDT · by Reaganite Republican · 47 replies
    Reaganite Republican ^ | 01 July 2014 | Reaganite Republican
    Ah, the fruits of socialism: if only we'd allow Dear Leader  unbridled power, I just know he could make everything better... More at Reaganite Republican...

    06/23/2014 10:47:59 AM PDT · by blam · 29 replies
    BI ^ | 6-23-2014 | Sam Ro
    June 23, 2014 Sam Ro    U.S. manufacturing activity is at its highest level since May 2010. According to Markit, the U.S. Flash manufacturing purchasing managers index (PMI) unexpectedly jumped to 57.5 in June from 56.4 in May. "U.S. industry is booming again," said Markit's Chris Williamson. "The latest rise in the headline PMI was driven by the fastest output and new orders growth for just over four years," reported Markit. Economists surveyed by Bloomberg expected this activity index to fall to 56.0. Here are the key points from Markit: •Output and new orders rise at faster rates...
  • 4th New Mexico county joins prairie chicken fight

    06/17/2014 9:12:56 PM PDT · by george76 · 11 replies
    ap ^ | June 16, 2014
    Another New Mexico county has joined a lawsuit to fight the listing of the lesser prairie chicken as a threatened species. Lea County in southeastern New Mexico joined three other counties in the state last week in a federal lawsuit against the U.S. Department of Interior and U.S. Fish and Wildlife Service ... U.S. Rep., Steve Pearce, R-N.M., .. The Fish and Wildlife Service’s decision to cater to environmental groups and disregard science will devastate New Mexico’s way of life,” he said. “New Mexicans will pay the price in lost jobs, industry, ranching and oil and gas production.”
  • Obama weighs crackdown on for-profit college industry

    06/01/2014 2:32:22 PM PDT · by Libloather · 34 replies
    The Hill ^ | 6/01/14 | Ben Goad
    It's decision time for the Obama administration on a major rule designed to crack down on colleges that saddle students with a mountain of debt without preparing them for the job market. The Education Department is under intense pressure as the agency prepares to finalize its highly anticipated "gainful employment" regulations, aimed squarely at for-profit college programs seen as predatory. Go too far, business groups warn, and the Obama administration risks denying millions of students a higher education. Yet the agency’s draft rule, issued in March, has come under fierce criticism by some congressional Democrats and advocates, including former Homeland...
  • Health industry group: Yes, we've suffered massive Obamacare job losses

    02/18/2014 5:00:20 PM PST · by Nachum · 19 replies
    daily caller ^ | 2/17/14 | Patrick Howley
    A new report from a top health care industry trade organization contradicts Kathleen Sebelius’ recent claim that no job loss will occur under Obamacare. Obamacare’s medical device tax has already created a job loss of 33,000 in the medical device industry and 132,0o0 more job losses are expected, according to a new report from the industry trade group the Advanced Medical Technology Association (AdvaMed), obtained by the Daily Caller. “There is absolutely no evidence, and every economist will tell you this, that there is any job loss related to the Affordable Care Act,” Sebelius said Monday in Orlando. “Part-time physicians...
  • Industry, not environmentalists, killed traditional bulbs

    01/01/2014 1:17:48 PM PST · by SeekAndFind · 101 replies
    Washington Examiner ^ | 01/01/2014 | Timothy Carney
    Say goodbye to the regular light bulb this New Year. For more than a century, the traditional incandescent bulb was the symbol of American innovation. Starting Jan. 1, the famous bulb is illegal to manufacture in the U.S., and it has become a fitting symbol for the collusion of big business and big government. The 2007 Energy Bill, a stew of regulations and subsidies, set mandatory efficiency standards for most light bulbs. Any bulbs that couldn't produce a given brightness at the specified energy input would be illegal. That meant the 25-cent bulbs most Americans used in nearly every socket...
  • Insurance Industry: 'Higher Premiums'

    11/14/2013 12:16:21 PM PST · by sheikdetailfeather · 15 replies
    CNS News ^ | 11-14-2013 | Susan Jones
    ( - After President Obama unilaterally changed his health care law on Thursday, the insurance industry issued a warning."Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers," said Karen Ignagni, president and CEO of America's Health Insurance Plans (AHIP). Here's Ignagni's full statement:
  • What Works And What Doesn't In 3D Printing: A Talk With Terry Wohlers

    09/13/2013 9:36:02 PM PDT · by 2ndDivisionVet · 12 replies
    Forbes ^ | September 12, 2013 | Rakesh Sharma
    The hype around 3D Printing bothers Terry Wohlers, president of Wohlers Associates, a research consultancy focused on additive manufacturing and 3D printing. “It’s unsettling to read this oversimplification (of 3D printing technology) where you push a button and out pops a shiny new thing,” he says. The reality, of course, is different. 3D printed objects “pop out” only after a long design and (depending on object size) printing process. This disconnect bothered Wohlers so much that he wrote a post about it. Wohlers knows what he is talking about. The fifty-five-year-old former Colorado State University faculty member has been working...
  • Bloomberg to Cabbie: ‘I’ll destroy your [expletive] industry’

    05/22/2013 5:40:42 PM PDT · by LyinLibs · 52 replies
    Washington Times ^ | 5/22/2013 | Cheryl Chumley
    Mayor Michael Bloomberg cursed out the chief executive officer of a taxi company who won a court case against the city and pledged a post-mayoral revenge against the entire industry, the CEO and one witness said. “[I will] destroy your [expletive] industry,” Mr. Bloomberg said to Taxi Club Management CEO Gene Freidman, The New York Post reported. He made the comments during last Thursday’s game at Madison Square Garden during an impromptu meet at the 1879 Club, a witness told The Post. Mr. Friedman subsequently confirmed the exchange to The Post and added that Mr. Bloomberg also said that come...
  • Explosion reported at Plant Bowen (GA Power)

    04/04/2013 3:12:05 PM PDT · by higgmeister · 71 replies
    The Daily Tribune News ^ | 1 hr 39 mins ago 4/4/2013 | by Staff Report
    An explosion has been reported at Georgia Power Plant Bowen. Injuries have been reported via scanner traffic, number and extent are unknown. The source of the explosion is believed to be a turbine within the powerhouse. Read more: The Daily Tribune News - Explosion reported at Plant Bowen
  • In World of Big Stuff, the U.S. Still Rules

    12/04/2012 12:12:51 PM PST · by lbryce · 7 replies
    Wall Street Journal ^ | December 3, 2012 | James R Hagerty
    Robert LeTourneau, a roving American evangelist and inventor, decided in the mid-1930s that a plot of lakefront land a mile and a half northeast of downtown Peoria would be a fine place to make earth-moving equipment. Skilled labor and suppliers were plentiful; transport links were good. Nearly eight decades later, Japan's Komatsu Ltd., which owns the plant, still thinks Mr. LeTourneau chose the right location—even though most giant mining trucks made there are shipped overseas to Latin America, Australia, Asia and Africa. The U.S. may not be much good at making small things like smartphones, but it is still a...
  • Honduras deal sets stage for investors to build 3 privately run cities to host new industries

    09/08/2012 5:56:07 PM PDT · by Texas Fossil · 25 replies
    Washington Post ^ | 9-7-2012 | AP
    TEGUCIGALPA, Honduras — Investors can begin construction in six months on three privately run cities in Honduras that will have their own police, laws, government and tax systems now that the government has signed a memorandum of agreement approving the project. An international group of investors and government representatives signed the memorandum Tuesday for the project that some say will bring badly needed economic growth to this small Central American country and that at least one detractor describes as “a catastrophe.” -snip- The project “has the potential to turn Honduras into an engine of wealth,” said Carlos Pineda, president of...
  • Harry Reid ignorant of free market system

    01/31/2012 11:37:27 AM PST · by cap10mike · 28 replies ^ | January 31, 2012 | Michael Dorstewitz
    Senate Majority Leader Harry Reid, D-Nev., stuffed his foot in his mouth yet again when he said, “Millionaire job creators are imaginary like unicorns, they don’t exist.” Apart from the country’s movers, shakers and innovators, I submit that all millionaires are job creators, even those we call the “idle rich.” You know, people like Thurston Howell III of “Gilligan’s Island” fame.
  • Oil industry: 'Huge political consequences' if pipeline rejected

    01/04/2012 3:23:22 PM PST · by Nachum · 27 replies
    The Hill ^ | 1/4/12 | Andrew Restuccia
    A top oil industry official delivered a clear warning to President Obama Wednesday: approve the Keystone XL pipeline or face “huge political consequences.” American Petroleum Institute President Jack Gerard urged Obama to quickly approve the pipeline, which would carry oil sands crude from Alberta, Canada, to refineries along the Gulf Coast. A payroll tax cut package signed into law by Obama last month includes a GOP-backed provision requiring the president to make a final decision on the pipeline within 60 days.
  • How Pearl Harbor ended up reshaping Bay Area

    12/07/2011 2:39:20 PM PST · by afraidfortherepublic · 32 replies
    SFGate ^ | 12-7-11 | Carl Nolte
    Today is the 70th anniversary of the Japanese attack on Pearl Harbor - a date that President Franklin D. Roosevelt said "will live in infamy." It would also begin a complete transformation of the Bay Area and the West Coast from a place that seemed isolated and remote from the rest of the country. The attack crippled the Pacific fleet, killed 2,402 Americans and plunged the United States into World War II. It also created a huge panic on the West Coast, particularly in San Francisco, where the Army and Navy were convinced the city was about to be attacked...
  • Muslim lawsuit, response rile Ohio pork industry

    10/05/2011 11:15:19 AM PDT · by Free ThinkerNY · 42 replies
    Associated Press ^ | Oct. 5, 2011 | ANDREW WELSH-HUGGINS
    COLUMBUS, Ohio (AP) -- A decision by Ohio officials to remove all pork products from prison menus in response to a lawsuit by Muslim inmates is not sitting well with the state's pork producers and processors. Both promise action of their own, including a possible counter lawsuit, to address what they consider an unfair and illogical decision.
  • They’re Coming: Fight “Warming” – Beat Them Aliens?

    08/18/2011 9:29:29 PM PDT · by AustralianConservative · 19 replies
    The Winston Review ^ | August 19, 2011 | -TWR-
    Extra, extra read all about it (hat tip Andrew Bolt): Aliens may destroy humanity to protect other civilisations, say scientists Rising greenhouse emissions may tip off aliens that we are a rapidly expanding threat, warns a report for Nasa Is it April Fools’ Day, or is someone playing the alien card? The scare report was brought to us by the Guardian’s science correspondent, Ian Sample. One threat – preemptive strikes: The authors warn that extraterrestrials may be wary of civilisations that expand very rapidly, as these may be prone to destroy other life as they grow, just as humans have...
  • Marital Criticism and Pessimism

    08/03/2011 11:08:37 AM PDT · by Kaslin · 14 replies ^ | August 2, 2011 | Rebecca Hagelin
    "He's a good dad to our kids, but was always criticizing me," Terry complained. "I couldn't do anything right, in his mind at least. Thirteen years was enough. I figured it would only get worse, so I left." Like most marriages that end in divorce, Terry's marriage began happily enough. And it ended not because of a serious transgression like adultery, abuse, or substance use, but because the couple's personal relationship deteriorated and they gave up. They gave in to two marriage-killing habits: criticism and pessimism. A number of years ago, marriage expert John Gottman identified four relationship patterns that...
  • Will America's fury cost Casey Anthony a fortune? Media giants drop deals

    07/12/2011 9:15:12 PM PDT · by Niuhuru · 45 replies
    Daily Mail ^ | 4:43 PM on 10th July 2011 | By Rachel Quigley
    She was probably already spending the money in her head as she lay in her cell patiently waiting for her imminent release. But it appears Casey Anthony needn't bother because she may not be 'cashing in' on the death of her daughter Caylee as much as was first predicted. It was thought that the accused child murderer could have raked in millions of dollars from TV appearances, interviews, penning her memoirs, a movie about the tragedy and even a career in the porn industry. And no sooner had she been acquitted on all counts except for lying to police than...
  • Aerospace industry tells Obama to cool it on bashing corporate jets

    06/30/2011 8:27:31 AM PDT · by Sub-Driver · 42 replies
    Aerospace industry tells Obama to cool it on bashing corporate jets By Keith Laing - 06/30/11 10:16 AM ET President Obama went over the top in his criticism of tax breaks for corporate jet owners, a lobbying group said Thursday. "We're disturbed by President Obama's remarks on business aviation," Aerospace Industries Association President Marion Blakey said in a statement. "General aviation plays an important role in our economy and took a substantial hit in the recent recession," she continued. "We feel that disparaging comments from the president regarding business jet users are not conducive to promoting jobs, investment and economic...
  • 'Swedish shipments to Nazis may have been ransom for captured Swedes'

    06/30/2011 4:06:19 PM PDT · by WesternCulture · 6 replies ^ | 06/29/2011 | Susanne Berger/Ingela Magner
    Historical documents related to the capture of seven Swedes by the Gestapo in Poland in 1942 puts Sweden's subsequent ball bearing deliveries to Nazi Germany in a new light, argue historians Susanne Berger and Ingela Magner. A new review of document collections in the Swedish National Archives (Riksarkivet) shows that the arrest of the seven "Warsaw Swedes" by the Gestapo in Poland in 1942 not only seriously jeopardized the men's lives but posed an existential threat to Swedish Match companies and other Swedish businesses throughout Eastern Europe. The men's release two years later was apparently secured not only through painstaking...
  • Herman Cain unveils economic plan

    06/29/2011 5:33:13 PM PDT · by justsaynomore · 12 replies
    Daily Caller ^ | 6/29/11 | Alex Pappas
    Herman Cain announced an economic plan Wednesday that includes eliminating taxes on capital gains. The former CEO of Godfather’s Pizza turned presidential candidate, known for usually speaking in generalities when it comes to policy, came out with the plan while stumping in South Carolina. “The capital gains tax represents a wall between people with money and people with ideas,” Cain said. “And people with ideas are the catalyst for new businesses and new job growth.” Cain said this would also encourage companies to “invest in worker training programs, new equipment and emerging technologies.” Cain’s “Economic Vision: Jobs for America” plan...
  • Tenn. passes Web entertainment theft bill

    06/02/2011 7:47:54 PM PDT · by MichiganMan · 20 replies · 1+ views ^ | 6-1-2011 | Sheila Burke and Lucas L. Johnson II
    NASHVILLE, Tenn. – State lawmakers in country music's capital have passed a groundbreaking measure that would make it a crime to use a friend's login — even with permission — to listen to songs or watch movies from services such as Netflix or Rhapsody. The bill, which has been signed by the governor, was pushed by recording industry officials to try to stop the loss of billions of dollars to illegal music sharing. They hope other states will follow. The legislation was aimed at hackers and thieves who sell passwords in bulk, but its sponsors acknowledge it could be employed...
  • War: Spud industry resists USDA effort to yank potatoes from school lunches

    05/17/2011 5:55:14 PM PDT · by Nachum · 43 replies
    hot air ^ | 5/17/11 | Allahpundit
    Remember when food was tasty and being a kid was fun? In my own hazy, rose-colored memories of lunchtime at school, we used to eat ice-cream pizza with french-fried sprinkles. Learning was a pleasure. The U.S. Department of Agriculture is proposing to eliminate the “white potato”—defined as any variety but the sweet potato—from federally subsidized school breakfasts and to limit them sharply at lunch… With the USDA set to release final rules in coming months, and put them into effect in the 2012-2013 school year, the National Potato Council in Washington, D.C., is urging the “entire potato industry” to mobilize....
  • Barack Obama’s Seven-dollar-a-gallon Gas Ambitions

    05/09/2011 9:47:53 AM PDT · by Paladins Prayer · 27 replies
    The New American ^ | Monday, 09 May 2011 | Selwyn Duke
    “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,” said Steven Chu — the man Barack Obama would ultimately tap to be energy secretary — in September 2008. He was explaining to The Wall Street Journal that higher energy prices are the centerpiece of the Left’s energy overhaul. Well, I don’t know if they’ve figured out the Euro-boost yet, but we are halfway to Vienna. Now, while I’m sure Barack Obama would love it if gas prices declined until November 6, 2012, there’s every reason to believe he shares Chu’s sentiments....
  • Three largest online poker sites indicted and shut down by FBI

    04/15/2011 1:23:56 PM PDT · by NYRepublican72 · 63 replies · 1+ views
    The Los Angeles Times ^ | 4/15/2011 | Nathaniel Popper
    The founders of the three largest online poker sites were indicted by the FBI on Friday in what could serve as a death blow to the thriving industry. Eleven executives at PokerStars, Full Tilt Poker and Absolute Poker were charged with bank fraud and money laundering in an indictment unsealed in a Manhattan court. Two of the executives were arrested on Friday morning in Utah and Nevada. Federal agents are searching for the others. Prosecutors are seeking to immediately shut down the sites and to eventually send the executives to jail and to recover $3 billion from the companies. By...
  • Wot - No Cats Eyes?!

    03/16/2011 8:08:04 AM PDT · by MalPearce · 26 replies
    I spent last week in Massachusetts and broke my "driving on the right" cherry at last, but then I got the shock of my life... No cats' eyes, on any road, anywhere.When I arrived in the country, it was dark, raining and slightly misty, and once I got out onto the I-93 northbound and had stopped putting the wipers on when indicating my turns, if anything it got even harder to drive. This was because I had a real job working out where the lane markings were. Even the cruddy Garmin sat-nav in the hire car didn't seem to know...
  • Nuclear industry in turmoil after Japan quake

    03/14/2011 1:06:58 PM PDT · by NormsRevenge · 19 replies ^ | 3/14/11 | Julie Gordon and Lynn Adler
    (Reuters) - Investors hammered companies that build nuclear reactors and supply them with fuel on Monday as Japan struggled to avert a meltdown at a stricken reactor, on fear that the whole sector could be in for a downturn, in the short and medium term at least. But analysts said the industry could recover from the stock market setback as negative perceptions fade, and the current price slump might be a buying opportunity. "Meltdown is a very big word in people's minds, so I think that the public sentiment is probably going to swing against nuclear power," said BMO Capital...
  • Obama anti-smog legislation will cost 7.3m jobs, warn industry officials

    02/28/2011 9:47:37 AM PST · by Niuhuru · 8 replies
    Daily Mail ^ | Last updated at 3:53 PM on 28th February 2011 | By Daily Mail Reporter
    Industry officials warn 7.3million American jobs will disappear if U.S. President Barack Obama's administration tightens regulations in a bid to reduce smog. The industry-sponsored researcher who came up with the number cautioned, however, that there was uncertainty surrounding that number. Although economist Don Norman pointed out: 'Even if the numbers are half of that, the number is huge.'
  • Philly Fed’s factory index hits seven-year high

    02/17/2011 9:15:16 AM PST · by Free Vulcan · 13 replies
    Marketwatch ^ | 2.17.11 | Gregg Robb
    WASHINGTON (MarketWatch) — An index tracking manufacturing activity in the Philadelphia region jumped in February to its highest level since January 2004, a sign that the factory sector is gaining strength, the Federal Reserve Bank of Philadelphia reported Thursday. The Philly Fed business condition index rose to 35.9 in February, up from 19.3 in January — an increase much stronger than expected. Economists polled by MarketWatch had expected the index to tick higher, but just to 20.8. See MarketWatch economic calendar.
  • Today’s slavery (Human trafficking is the second fastest-growing illegal industry in the US)

    01/28/2011 10:51:39 PM PST · by Libloather · 33 replies ^ | 1/29/11 | Renée Loth
    Today’s slaveryA unified effort to end human trafficking By Renée Loth January 29, 2011 IN NEWARK, 20 young women and girls from West Africa were discovered working in hair-braiding salons for 14 hours a day with no pay. Their employer ruled over the victims, some as young as 10, with beatings, sexual assaults, and voodoo curses. Closer to home, five people were indicted in Quincy for operating brothels in rented apartments using immigrant women kept in a state of debt bondage with threats of deportation. In Danvers, a 13-year old runaway girl was offered to a group of men at...
  • Official Misspeaks, Seeks More Sex Stories (Canada's Industry Minster)

    11/25/2010 3:04:52 PM PST · by nickcarraway · 14 replies
    Emirates 24/7 ^ | November 24, 2010
    A small but significant slip of the tongue had Canada's industry minister pleading for "more Canadian sex stories", although he quickly insisted he was actually talking about success. "We need more more Canadian sex stories," Tony Clement told an Ottawa crowd during a speech on the government's digital strategy. A roar of laughter prevented him from correcting himself for a few seconds. "We need more Canadian SUCCESS stories ..." he said pausing to emphasize the correction, "... like RIM and its world-famous - and now ubiquitous - BlackBerry." Teased by reporters about the slip, Clement insisted he had not been...
  • Why do large parts of the US and European economy refuse to grow?

    11/03/2010 8:36:53 PM PDT · by WesternCulture · 21 replies
    2010/11/04 | WesternCulture
    Let's face it. We Westerners and our allies can afford nice cars or at least plenty of cars, Chinese made jacuzzis and nice furniture - but we actually produce lesser and lesser amounts of the goods we purchase. Wall Street, London and Frankfurt owns a lot, yes, but is that equal to putting Western capital to work? Furthermore, who actually owns all of this wealth that places like Inner London bathe in? What does Germany, USA and the rest of the Western World of today manufacture that is unique and selling? Not much really. Some luxury cars, yes. Even if...
  • Powerful Casino Industry Bets Heavily on Reid Again

    10/30/2010 9:59:14 PM PDT · by Nachum · 23 replies
    Wall Street Journa ^ | 10/30/10 | Alexandra Berzon
    Las Vegas - If Republican Sharron Angle unseats Nevada Sen. Harry Reid on Nov. 2, it would be a defeat not just for the Democratic Party but also for the gambling industry, which has historically helped turn elections in this state. The industry is so dominant here—accounting for 17% of employment and a third of state tax revenue—that Nevada is sometimes said to have just one political party: the Gaming Party.
  • What is InfraGard? ( Have you heard of this group?)

    10/30/2010 9:32:05 PM PDT · by Candor7 · 25 replies · 2+ views
    31-Oct-2010 40,255 MEMBERS (Including FBI) InfraGard is a Federal Bureau of Investigation (FBI) program that began in the Cleveland Field Office in 1996. It was a local effort to gain support from the information technology industry and academia for the FBI’s investigative efforts in the cyber arena. The program expanded to other FBI Field Offices, and in 1998 the FBI assigned national program responsibility for InfraGard to the former National Infrastructure Protection Center (NIPC) and to the Cyber Division in 2003. InfraGard and the FBI have developed a relationship of trust and credibility in the exchange of information concerning various...
  • China Is Said to Halt Exports to U.S. of Some Key Minerals

    10/19/2010 12:53:34 PM PDT · by jhpigott · 59 replies
    By KEITH BRADSHER Published: October 19, 2010 HONG KONG — China, which has been blocking shipments of crucial minerals to Japan for the last month, has now quietly halted shipments of some of those same materials to the United States and Europe, three industry officials said on Tuesday. The Chinese action, involving rare earth minerals that are crucial to manufacturing many advanced products, seems certain to further ratchet up already rising trade and currency tensions with the West. Until recently, China typically sought quick and quiet accommodations on trade issues. But the interruption in rare earth supplies is the latest...
  • Two charged in crushing death of SF worker

    10/18/2010 8:33:24 PM PDT · by thecodont · 11 replies
    San Francisco Chronicle / ^ | Monday, October 18, 2010 | Jaxon Van Derbeken, Chronicle Staff Writer
    The owner and the manager of a San Francisco printing plant have been charged with involuntary manslaughter and labor code violations in the 2008 death of a pregnant worker who was crushed to death by a cutting and creasing machine at the plant. The owner of Digital Pre-Press International, Sanjay Sakhuja, 52, of Alameda and the pressroom manager Alick Yeung, 50, of San Francisco, have been charged with manslaughter and a willful violation of labor laws in the January 29, 2008, death of Margarita Mojica, 26. Sakhuja and Yeung were expected to surrender Tuesday. Sakhuja's bail is set at $300,000...
  • Republicans See a Political Motive in I.R.S. Audits

    10/07/2010 4:38:06 PM PDT · by JSDude1 · 12 replies
    NYT ^ | Published: October 6, 2010 | ERIC LICHTBLAU
    WASHINGTON — With growing scrutiny of the role of tax-exempt groups in political campaigns, Congressional Republicans are pushing back against Democrats by warning about the possible misuse of the Internal Revenue Service to audit conservative groups. Leading Republicans are suggesting that a senior official in the Obama administration may have improperly accessed the tax records of Koch Industries, an oil company whose owners are major conservative donors.
  • 19 Surprising Facts About the Deindustrialization of America

    09/26/2010 4:44:23 AM PDT · by RS_Rider · 79 replies
    Seeking Alpha ^ | 09-26-2010 | Michael T. Snyder
    The United States is rapidly becoming the very first "post-industrial" nation on the globe. All great economic empires eventually become fat and lazy and squander the great wealth that their forefathers have left them, but the pace at which America is accomplishing this is absolutely amazing. It was America that was at the forefront of the industrial revolution. It was America that showed the world how to mass produce everything from automobiles, to televisions, to airplanes. It was the great American manufacturing base that crushed Germany and Japan in World War II. But now we are witnessing the deindustrialization of...
  • Govt. plans policy to attract funds for building manufacturing hubs

    09/12/2010 3:35:23 PM PDT · by James C. Bennett · 1 replies
    The Economic Times ^ | 13 September, 2010 | The Economic Times
    BANGALORE: The Union Commerce & Industry ministry is in the process of formulating a draft policy to attract investments for setting up mega manufacturing hubs in the country. Delivering the keynote address at the EEPC India National Awards for Export Excellence for 2008-09 here on Friday, Union commerce & industry minister Anand Sharma said the ministry is in the final stages of formulating the policy and is most likely to be placed before the inter-ministerial group by the end of October this year. Mr Sharma said such policy will facilitate timely approval and clearances of investments needed for the large...
  • Oil industry slams Interior over expanded environmental reviews for offshore drilling

    08/16/2010 4:52:20 PM PDT · by Nachum · 4 replies
    the hill ^ | 8/16/10 | Ben Geman
    The oil industry’s most powerful trade group quickly attacked the Interior Department’s new decision to greatly restrict waivers from detailed environmental review for offshore oil-and-gas projects, alleging the new requirements will delay drilling. “We’re concerned the change could add significantly to the department’s workload, stretching the timeline for approval of important energy development projects with no clear return in environmental protection,” said Erik Milito, upstream director of the American Petroleum Institute, in a statement Monday. Interior announced Monday that it is ending the use of “categorical exclusions” from environmental
  • The auto industry lives. Can we admit that government intervention worked?

    08/02/2010 9:07:10 AM PDT · by Nachum · 78 replies · 7+ views
    Washington Post ^ | 8/2/10 | E.J. Dionne Jr.
    Who could have imagined that the bailout of the auto industry, one of the single most unpopular moves by the Obama administration, would become one of its best talking points? But don't for an instant imagine that the comeback of the nation's rescued car companies, particularly General Motors, will change the way we debate government's role in the economy. When it comes to almost anything the government does, ideology trumps facts, slogans trump reality, and loaded words ("socialism") trump data. Let there be no mistake: Rescuing GM and Chrysler took political courage, and I want to put in a good...
  • GROWING OLD ALONE Cleanup after unnoticed death now a growing industry

    07/20/2010 7:31:13 PM PDT · by LibWhacker · 26 replies · 1+ views
    Japan Times ^ | 7/21/10 | Mizuho Aoki
    Yoshinori Ishimi could hear a high-pitched whine coming from the apartment in Nerima Ward, Tokyo, he was about to enter. When he went inside, he saw black "mini-twister" clouds of flies. The last tenant had been a 60-year-old divorced man whose body was not found until a month after he had died. "Every time I encounter such scenes, I hesitate to step inside. But someone has to clean up these flats . . . and be professional about it," said Ishimi of Anshin Net, a cleaning service that is part of R-Cube Co. in Ota Ward, Tokyo. The Nerima man's...
  • BP says it's speeding oil spill payment process as Obama threatens takeover of claims handling

    06/16/2010 1:00:59 AM PDT · by Qbert · 23 replies · 418+ views
    Alabama Live ^ | 6/15/2010 | Press-Register
    BP PLC, faced with the possibility the government could seek to take over the oil spill claim payments process, this morning said it is accelerating its claims payments and has made initial payments toward 90 percent of commercial large loss claims files so far as a result of the Deepwater Horizon disaster. The company said in a news release that it has approved payments of 337 checks for a total amount of $16 million to businesses that have filed claims in excess of $5,000. Initial payments began over the weekend and will be completed this week, officials said. The remaining...