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Business/Economy (General/Chat)

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  • TESLA MODEL 3 TEARDOWN: DECONSTRUCTED 3

    04/26/2018 3:27:18 PM PDT · by DUMBGRUNT · 9 replies
    Motor Trend ^ | 25 April 2018
    Munro & Associates, Inc. of Auburn Hills, Michigan, is in the business of competitive teardown and analysis. They just completed a 6,000-man-hour study of the Model 3. Scattered around the Munro warehouse is a methodically exploded Tesla, quite literally in pieces... Clearly Tesla employs a lot of savvy electrical engineers. Its electronic computing circuitry ranks somewhere between that of a cellphone and a Mars mission in terms of sophistication... Panel gaps are inconsistent around the same car as well as between cars. Many gaps exceed accepted norms for any price class,...
  • Apple officially discontinues AirPort router product line, available while supplies last

    04/26/2018 2:57:39 PM PDT · by Swordmaker · 7 replies
    Appleinsider ^ | April 26, 2018 | By Mikey Campbell
    Apple on Thursday announced the official death of its long-running AirPort Wi-Fi router line, a development many believed to be an inevitability after division responsible for its development was axed more than a year ago. Apple confirmed the demise of its base station lineup in an email to AppleInsider, saying existing stock will be sold through the company's online and brick-and-mortar stores, as well as authorized resellers, until supplies are exhausted. News of the discontinuation comes more than a year after reports claimed Apple broke its AirPort division apart, a sign that it planned to soon ditch the branded wireless...
  • Deutsche Bank fired 300 U.S.-based investment bankers on Wednesday

    04/26/2018 10:39:37 AM PDT · by SeekAndFind · 11 replies
    Reuters ^ | 04/25/2018
    FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) fired 300 U.S.-based investment bankers on Wednesday as part of a broader overhaul of the global unit, a person with knowledge of the matter said on Thursday. The bank will lay off another 100 U.S. bankers by the end of the week, said the person, who was speaking on condition of anonymity. The Financial Times was the first to report the development. Separately, German newspaper Frankfurter Allgemeine Zeitung said Deutsche Bank planned to cut more than 1,000 jobs in the United States. The bank declined to comment on the figure.
  • The Pension Crisis Is Worse Than You Think

    04/26/2018 10:28:28 AM PDT · by SeekAndFind · 22 replies
    Real Investment Advise ^ | 04/26/2018 | Lance Roberts
    Last year I penned an article discussing the “Unavoidable Pension Crisis.” “Currently, many pension funds, like the one in Houston, are scrambling to slightly lower return rates, issue debt, raise taxes or increase contribution limits to fill some of the gaping holes of underfunded liabilities in their plans. The hope is such measures combined with an ongoing bull market, and increased participant contributions, will heal the plans in the future.This is not likely to be the case.This problem is not something born of the last ‘financial crisis,’ but rather the culmination of 20-plus years of financial mismanagement.An April 2016 Moody’s...
  • World's 15 Ugliest Cars

    04/26/2018 10:06:08 AM PDT · by Red Badger · 200 replies
    CBS News ^ | Staff
    Did you own any of these? I did.......................
  • Home Unaffordability in U.S. Hits New High

    04/26/2018 7:37:19 AM PDT · by SeekAndFind · 32 replies
    The trailing twelve month average of median new home sale prices in the United States reached a new high in March 2018, where preliminary data puts that figure at $326,217. At the same time, the value of the typical new home sale price in the U.S. is 5.57 times as much as the typical household income, which also represents a new record. One way to think of that latter figure is that new homes in the U.S. have never been less affordable for the typical American family at any time during the 21st Century than they are right now....
  • How the baby boomers not millennials screwed America

    04/26/2018 2:43:10 AM PDT · by Cronos · 113 replies
    Vox ^ | 12 Mar 2018 | Sean Illing
    Everyone likes to bash millennials. Were spoiled, entitled, and hopelessly glued to our smartphones. We demand participation trophies, cant find jobs, and live with our parents until were 30. But is the millennial hate justified? Have we dropped the generational baton, or was it a previous generation, the so-called baby boomers, who actually ruined everything? Thats the argument Bruce Gibney makes in his book A Generation of Sociopaths: How the Baby Boomers Betrayed America. The boomers, according to Gibney, have committed generational plunder, pillaging the nations economy, repeatedly cutting their own taxes, financing two wars with deficits, ignoring climate change,...
  • Apple today released iOS 11.3.1

    04/26/2018 2:20:06 AM PDT · by Swordmaker · 5 replies
    MacDailyNews ^ | April 24, 2018
    Apple today released iOS 11.3.1 (Build 15E302). iOS 11.3.1 improves the security of your iPhone or iPad and addresses an issue where touch input was unresponsive on some iPhone 8 devices because they were serviced with non-genuine replacement displays. Note: Non-genuine replacement displays may have compromised visual quality and may fail to work correctly. Apple-certified screen repairs are performed by trusted experts who use genuine Apple parts. See https://support.apple.com for more information. iOS 11.3.1 (Build 15E302) is for: iPad Air (Wi-Fi) (iPad4,1) iPad Air (Cellular) (iPad4,2) iPad Air (China) (iPad4,3) iPad mini 2 (Wi-Fi) (iPad4,4) ...
  • Stop telling your co-workers to think outside the box

    04/25/2018 4:56:09 PM PDT · by sparklite2 · 130 replies
    New York Post ^ | April 25, 2018 | SWNS
    Top 40 most cringe-worthy phrases used at the office Give 110 percentThink outside the boxHammer it outHeavy liftingThrow them under the busDont count your chickens before theyve hatchedPushing the envelopeLet the cat out of the bagLets circle backWin-win situationBlue-sky thinkingBoil the oceanSynergyLow-hanging fruitTake it to the next levelBarking up the wrong treeGoing forwardLets ballpark thisRun this up the flagpoleBack to square oneTheres no I in teamBack to the drawing boardParadigm shiftElephant in the roomRaise the barDrill downBest thing since sliced breadDeep diveSkin in the gameReach outTouch basePlay hardballDont reinvent the wheelKept in the loopThe bottom lineDown the roadIll loop...
  • Retirees will likely be disappointed with their social security check, heres why

    04/25/2018 11:37:15 AM PDT · by SeekAndFind · 83 replies
    Fox Business ^ | 04/25/2018 | Jade Scipioni
    Newbie retirees may need to lower their expectations when it comes to their Social Security checks. According to a new survey released by the National Retirement Institute, more than a quarter (27%) of new retirees say their monthly checks are less than they expected. Whats more, nearly two in three of soon-to-be retirees (63%) admit that they are not confident in their overall knowledge of how Social Security works. That number is alarming because nearly one in four (26%) future retirees believe they can live comfortably on Social Security alone. Its problematic that so many people are planning to rely...
  • Michael Vick to coach new professional football team coming to Atlanta

    04/25/2018 10:05:24 AM PDT · by Red Badger · 39 replies
    WSB - Atlanta ^ | 04/25/2018 | Staff
    ATLANTA - Former Atlanta Falcons superstar Michael Vick is returning to professional football. But hes not going to be a part of the Falcons. Vick is going to be the offensive coordinator for a new team in The Alliance of American Football. [READ: Michael Vick will announce Falcons' second-round pick in NFL Draft] "I'm just looking forward to being the best offensive coordinator I can be," Vick told Channel 2's Anthony Amey . The former Falcons superstar will be the offensive coordinator of a new professional football team. We'll have coverage on Channel 2 Action News at Noon. The team...
  • Senate OKs surcharge on traffic fines to pay for police programs

    04/25/2018 6:16:55 AM PDT · by SandRat · 24 replies
    Sierra Vista Herald ^ | Howard Fischer Capitol Media Services
    PHOENIX Motorists who speed a little too much or drift through stop signs may soon be paying a bit more in their debt to society. Legislation approved Tuesday by the Senate would tack a $4 fee on all traffic fines. The proceeds would be used to pay for new training equipment for police. But those who seek to avoid fines by going to defensive driving school won't get off the hook. HB 2527 tacks that same surcharge on to what they pay for those classes. Mike Williams, who lobbies for the Arizona Police Association, said officers need access to...
  • Boom: Treasury kills 305 regulations, IRS hammered

    04/24/2018 6:33:23 PM PDT · by aMorePerfectUnion · 36 replies
    The Washington Examiner ^ | April 24, 2018 12:44 PM | by Paul Bedard
    Acting on President Trumps demand that his cabinet secretaries gut Obama-era federal regulations, the Treasury Department on Tuesday said it has cut over 300 standing and proposed rules with a focus on the Internal Revenue Service. In a new 20-page report, Secretary Steven T. Mnuchin highlighted the elimination of 305 regulations, including those proposed, and the wiping away of 298 IRS deadwood rules. Reducing unnecessary burdens will lead to increased economic growth, greater job creation, and a fundamentally stronger economy for our country, said Mnuchin. Regulatory reform is a key component of the presidents plan to make American businesses more...
  • AMAZON GETS TAX BREAKS WHILE ITS EMPLOYEES RELY ON FOOD STAMPS, NEW DATA SHOWS

    04/24/2018 10:32:29 AM PDT · by PMAS · 26 replies
    The Intercept ^ | April 19, 2018 | Claire Brown
    https://theintercept.com/2018/04/19/amazon-snap-subsidies-warehousing-wages/
  • The small-town social media approach

    04/24/2018 6:25:57 AM PDT · by SandRat · 1 replies
    Sierra Vista Herald ^ | Moniek James
    Part of the allure of a small town is that everybody knows everybody. For a business owner in a small town, though, this doesnt mean we should take for granted that everybody in the community knows us. We still need to advertise and get the word out about our products and services, and social media is my preferred tool to do this. Many small-town business owners shy away from social media because it seems too big, and it seems like there are way too many users and too much going on. Facebook has more than 2 billion monthly active users,...
  • Prince heirs sue Illinois hospital over care during overdose

    04/24/2018 4:25:35 AM PDT · by iowamark · 18 replies
    MSN.com ^ | 4/23/2018 | Amy Forliti, AP
    Prince's heirs are suing Walgreens and the Illinois hospital that treated him after he suffered a drug overdose just a week before he died. Prince was 57 when he was found in an elevator at his Paisley Park estate on April 21, 2016. He died from an accidental overdose of the powerful synthetic opioid fentanyl. About a week earlier, his plane made an emergency stop in Moline, Illinois, when he suffered from an opioid overdose and had to be revived by paramedics...
  • Net neutrality is all but dead. Here's what happens now.

    04/23/2018 7:34:12 PM PDT · by BBell · 59 replies
    https://mashable.com/ ^ | 4/23/18 | MJ FRANKLIN
    Everyone take a moment of silence please the free and open internet is all but dead. In December 2017 the FCC, under chairman Ajit Pai, voted to repeal net neutrality, signaling the end of the open internet as we know it. The decision was controversial at the time, with everyone from Alyssa Milano to Reddit calling out the FCC in the lead-up to the vote, but the the vote was just the first step toward repeal. To enact the change, the FCC would have to officially list the ruling and provide a timeline for it. That listing came in...
  • How Some Rescue Dogs Come From Breeders At Commercial Auctions

    04/23/2018 6:22:06 PM PDT · by Norski · 31 replies
    Washinton Post ^ | April 18, 2018 | Kim Kaven
    Dog rescuers, flush with donations, buy animals from the breeders they scorn An effort that animal rescuers began more than a decade ago to buy dogs for $5 or $10 apiece from commercial breeders has become a nationwide shadow market that today sees some rescuers, fueled by Internet fundraising, paying breeders $5,000 or more for a single dog. The result is a river of rescue donations flowing from avowed dog saviors to the breeders, two groups that have long disparaged each other. The rescuers call many breeders heartless operators of inhumane puppy mills and work to ban the sale of...
  • How Much Do Canadians Really Pay for Health Care? (It's a lot more than Dems want you to believe)

    04/23/2018 8:16:07 AM PDT · by SeekAndFind · 19 replies
    American Spectator ^ | 04/23/2018 | David Catron
    A recent survey conducted by the Washington Post and the Kaiser Family Foundation found that 51 percent of U.S. adults support single-payer health care. This isnt a poll of actual voters, of course, but it does suggest that the propaganda campaign conducted by the Democrats and the news media is having an effect. The system they most often hold up as a paragon of the single-payer approach to health care is, of course, Canadas Medicare program. But, before deciding to emulate the Canucks, we should consider what they really pay for health care and what they get for their money....
  • How to (legally) protect a small inheritance from the IRS?

    04/22/2018 12:37:24 PM PDT · by lee martell · 160 replies
    April 22 2018 | Lee Martell
    Remember that song by Tom Jones; "I who have nothing!". That pretty much describes me. I'm near 62 y/o, working part time. I hope to keep working at least for the next eight to ten years, then start taking my Social Security. I have no savings to speak of. I will always owe the IRS something from unpaid student loans or wrongly filed tax statements. Most times I don't receive any return at all, it's simply 'absorbed' and paid out to the Govt. The one bright spot is that due to a sibling's death last year, I have received about...