Business/Economy (Bloggers & Personal)

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  • Maxim Crane Works to invest $4.71M in Wilder facility, create 100 jobs (Kentucky)

    06/27/2017 2:28:31 PM PDT · by 2ndDivisionVet · 1 replies
    The Lane Report ^ | June 27, 2017
    WILDER, Ky. (June 27, 2017) — Maxim Crane Works LP, the nation’s leading crane rental and lifting services provider, will build a $4.71 million office in Wilder, creating 100 full-time jobs. Maxim has operated a regional headquarters in Wilder since 1937. It is also where the company bases about 400 cranes for quick deployment to customers across the Eastern US. Maxim’s growth projections – including organic and acquisitions – prompted plans to consolidate its operations and regional leadership roles into Campbell County with the construction of a 17,000-square-foot office. The new building on its Wilder campus will house executive and...
  • Wind Energy Meets Just 0.46% Of Global Energy Demand—Despite Hundreds Of Billions In Investment

    06/27/2017 11:12:16 AM PDT · by Thalean · 40 replies
    National Economics Editorial ^ | June 26, 2017 | Spencer P Morrison
    Between 2013 and 2014, using IEA data, global demand for energy grew by 2,000 terawatt hours. Let’s figure out how many wind turbines we’d need to build to meet this growing demand—we’ll ignore the fact that “environmentalists” would like us to simultaneously replace existing generating capacity. Given that a standard two-megawatt wind turbine can produce 0.005 terawatt hours per year, we’d need to build some 350,000 wind turbines to meet this demand. That’s 50% more turbines than we’ve build since the year 2000. And it gets worse: at a standard density of 1 megawatt per 50 acres of land, we’d...
  • Ivanka Trump Accepts Modi’s Invitation, to Visit India For GES 2017

    06/26/2017 8:17:42 PM PDT · by 2ndDivisionVet · 7 replies
    News 18 ^ | June 27, 2017 | Staff
    As India prepares to host the eighth edition of Global Entrepreneurship Summit later this year, Ivanka Trump, daughter of US President Donald Trump, has accepted Prime Minister Narendra Modi’s invitation to lead the US delegation. “To further our economic partnership, I am excited to report that the Prime Minister has invited my daughter, Ivanka, to lead the US delegation to the Global Entrepreneurship Summit in India this fall. And I believe she has accepted,” President Trump told reporters after meeting Modi. Inviting Ivanka to India, PM Modi said, “I would like to tell you that I am eager to welcome...
  • AI could create more human jobs in insurance – company chief

    06/26/2017 7:43:33 PM PDT · by 2ndDivisionVet
    Insurance Business ^ | June 26, 2017 | Sam Boyer
    Here’s a novel thought: introducing artificial intelligence into insurance could actually create jobs, rather than stripping them away. That not just pie-in-the-sky daydreaming, that’s the opinion of an artificial intelligence (AI) company chief executive heavily involved in the insurance industry. Alex Dalyac, co-founder and CEO of Tractable, says his company’s AI for P&C auto claims could actually generate jobs – depending on what insurance carriers decide to do with the savings in accuracy and time his services generate for them. “We enable insurers to ensure their estimates are all accurate. With AI, all repairs are visually checked [and] many more...
  • BMW plans to invest $600M and add 1,000 jobs in Spartanburg County [South Carolina]

    06/26/2017 7:32:57 PM PDT · by 2ndDivisionVet
    The Upstate Business Journal ^ | June 25, 2017 | Trevor Anderson
    BMW Chairman Harald Krueger said Monday during a Start of Communications event for the company’s third generation X3 in Spartanburg County BMW will continue investing in its “people” and “business” in the U.S. German automaker BMW Group on Monday, June 26, said it plans to invest $600 million to expand its Spartanburg County plant and create 1,000 jobs during the next five years. BMW’s Chairman Harald Krueger made the announcement during the company’s Start of Communications event, or unveiling, of its next-generation X3 at BMW Manufacturing Co. near Greer. (VIDEO-AT-LINK) Krueger said the company would invest $200 million solely for...
  • Lidl to establish regional distribution center in Georgia, create 250 jobs

    06/26/2017 7:23:45 PM PDT · by 2ndDivisionVet · 2 replies
    Market Watch ^ | June 26, 2017 | Tonya Garcia
    German grocer Lidl said Monday that it will establish a $100 million regional headquarter and distribution center in Cartersville, GA, creating 250 jobs over the next five years. It's the company's fourth such center in the U.S. The news comes as Lidl announced four new store openings on July 13. Two stores will be located in Virginia, and the other two in North Carolina. Lidl opened its first 10 stores on June 15 across Virginia and the Carolinas. The SPDR S&P Retail ETF XRT, +1.82% is down nearly 9% for the year so far while the S&P 500 index SPX,...
  • Cook County, A Soda Tax, and the Death of an Economy

    06/26/2017 5:27:46 PM PDT · by jfd1776 · 29 replies
    Illinois Review ^ | June 26, 2017 A.D. | John F Di Leo
    Contemplations on the new Cook County Soda Tax... Cook County, Illinois - the home of America’s fourth largest city - Chicago, is, like many metro areas, broke. So, as many jurisdictions do when broke, they imagine a need to raise tax rates. The one they have chosen for July 1, 2017 is a soda tax, in addition to any applicable sales tax, which in Illinois can be as high as ten percent ad valorem already. This new “soda tax” is not just on soda, but on any beverage that is sweetened with either sugar or artificial sweetener (so it applies...
  • Goldman Sachs: Oil Crash Unlikely To Continue

    06/26/2017 12:32:20 PM PDT · by bananaman22 · 12 replies ^ | 26-06-2017 | Ka-Boom
    The current selloff in energy stocks is but an opportunity for buyers, according to a Thursday note from Goldman Sachs’ European energy team, who added that current prices are likely unsustainable in the long run. “We…see the sell off as an attractive buying opportunity in our favored stocks, including Total and Lundin, whilst we have also started to see investor interest in higher beta stocks that have sold off such as Tullow,” said Goldman.
  • Pension liabilities surpass $4 trillion and are set to rise

    06/26/2017 7:17:46 AM PDT · by Lorianne · 7 replies
    Value Walk ^ | 23 June 2017 | Gary St. Fleur •
    A recent report from Moody’s states that “US public pensions funds’ adjusted net pension liabilities (ANPLs) surpassed $4 trillion nationwide in 2016”. The report also indicated that this increase in Unfunded pension liabilities was a result of “poor investments” and “declining discount rates”. Three different investment return scenarios are offered in the report- base, upside and downside- to project pension liability debt levels in 2020. According to the report, the downside scenario places public pension debt at dangerous new levels with a expected 59% increase in total liabilities. In order to stave off this possible forecast, pension would have stabilized...
  • Conversation with a Disarmed Health Pro at Yuma Regional Medical Center

    06/26/2017 5:27:12 AM PDT · by marktwain · 9 replies
    Gun Watch ^ | 18 June, 2017 | Dean Weingarten
    I struck up a conversation with a health care professional. The subject turned to active shooters and the vulnerability of Yuma Regional Medical Center (YMRC). We were in the Yuma Regional Medical Center outpatient clinic. I was getting prepped for my daily dose of high powered intravenous antibiotic. The health care professional did a good job, and I complemented her. She said she had a lot of practice.  I agreed that performance on nearly everything improves with practice, but some people are just naturals at some tasks. I gave the example of a young man I took dove hunting....
  • Chemists create 3D printed graphene foam

    06/26/2017 1:38:56 AM PDT · by 2ndDivisionVet · 1 replies
    Nanotechnologists from Rice University and China's Tianjin University have used 3-D laser printing to fabricate centimeter-sized objects of atomically thin graphene. The research could yield industrially useful quantities of bulk graphene and is described online in a new study in the American Chemical Society journal ACS Nano. "This study is a first of its kind," said Rice chemist James Tour, co-corresponding author of the paper. "We have shown how to make 3-D graphene foams from nongraphene starting materials, and the method lends itself to being scaled to graphene foams for additive manufacturing applications with pore-size control." Graphene, one of the...
  • [VANITY] Obamacare must be fully repealed, or we will have single-payer

    06/25/2017 8:05:01 PM PDT · by Extremely Extreme Extremist · 67 replies
    EEE | 25 JUNE 2017 | EEE
    The current plan in the Senate, much like the House version of the bill, does not repeal Obamacare. In fact, it is only a stay of execution and sets the Republican Party up for failure and possible total collapse in 2018, where a rejuvenated Democrat Party will resume control and usher in single-payer healthcare. No one in the GOP, and no one even in most of the conservative blogosphere and in talk radio other than perhaps Mark Levin and Andrew Wilkow on Sirius XM Patriot 125 (12pm-3pm EST), are talking about the root cause of the issue. Federal regulations, subsidies,...
  • National Restaurant Assoc. Hails President Trump's Executive Order Expanding Apprenticeship Program

    06/24/2017 4:04:35 PM PDT · by 2ndDivisionVet · 14 replies
    Apps for PC Daily ^ | June 25, 2017 | Stella Potter
    It will also provide more funding and create a task force of business leaders to help promote the programs across new sectors, as well as assess the effectiveness of the job-training programs now in place. Trump plans to sign an executive order that would reorient and expand ApprenticeshipUSA, a grant program that was previously championed by the Obama administration and has been supported by Democrats and Republicans alike. Trump's executive order also requires all federal agencies that participate in apprenticeship programs or workforce training to examine whether their efforts are duplicative or could be combined with other programs to greater...
  • Could the Future of Metal 3D Printing Be Print Farms?

    06/24/2017 2:01:32 PM PDT · by 2ndDivisionVet · 23 replies
    Design News ^ | June 20, 2017 | Tracey Schelmetic
    One company sees 3D print technology evolving into a product lineup of affordable and scalable printers, with the “blade server” concept for volume manufacturing where printers on a rack will scale up or down to meet customers’ needs. Discussions of additive manufacturing invariably turn to prototyping for a good reason: economics. While it may make sense from a cost perspective to 3D print functional new parts with plastic or metal during the design process, additive manufacturing (AM) techniques cease where mass production begins. Few manufacturers are discussing replacing traditional production methods for parts with AM techniques, as it would simply...
  • 8,000 jobs? NC ‘on the cusp’ of landing major project, House speaker says

    06/23/2017 10:26:16 AM PDT · by 2ndDivisionVet · 10 replies
    The News & Observer ^ | June 22, 2017 | Colin Campbell
    RALEIGH — More than 8,000 new jobs could be lured to North Carolina under a new corporate incentive program included in the state budget, House Speaker Tim Moore said Thursday. Moore explained a budget provision that would allow larger incentive packages for companies that invest more than $4 billion in the state and create at least 5,000 jobs. Those companies wouldn’t be subject to the state’s current cap on incentive packages. “We’re on the cusp of maybe landing a major industry in this state,” Moore said....
  • New Graphene-Based Transistors Could Make Computers 1000 Times Faster

    06/22/2017 11:18:28 PM PDT · by 2ndDivisionVet · 38 replies
    Wall Street Pit ^ | June 19, 2017
    As reported recently in the journal Nature Communications, a team of researchers from the University of Central Florida (UCF), CREOL and the University of Texas have developed a graphene-based transistor that could one day lead to super-fast and super energy-efficient computers. By super-fast we mean a thousand times faster and by super energy-efficient we mean it will only use a hundredth of the power. Right now, the world of electronics relies on silicon-based transistors to power its devices. And while their invention made it possible for devices to be reduced to smaller sizes as the transistors allowed the flow of...
  • Ann Arbor's LLamasoft lands major investment, hiring 100 people in 2017

    06/22/2017 10:37:34 PM PDT · by 2ndDivisionVet · 4 replies
    The Ann Arbor News ^ | June 14, 2017 | Jessica Haynes
    ANN ARBOR, MI - 2017 has already been a big year for LLamasoft. The Ann Arbor-based software company is assisting more customers than ever with supply chain management, developing new applications and hiring more employees to fill its headquarters at the McKinley Towne Center. Toby Brzoznowski is co-founder and executive vice president of LLamasoft, and told The Ann Arbor News Monday, June 12, that so many announcements to share is a "good problem to have." Probably the biggest news is LLamasoft's new partnership with TPG Capital, the investment company behind Uber, McAfee and Airbnb. The deal officially closed June 1...
  • Money is Fungible... Especially in Cuba

    06/22/2017 8:47:43 PM PDT · by jfd1776 · 2 replies
    Illinois Review ^ | June 21, 2017 AD | John F. Di Leo
    Reflections on the Trump Administration's changes to our Cuba policy: In 1959, following six years of organized Marxist-Leninist rebellion, mostly run by Fidel and Raul Castro and their partner Che Guevera, the Battista government of Cuba was overthrown and Fidel Castro claimed dictatorial powers, which he eventually turned over to his brother Raul, in 2008. The Castros spent their sixty years not only oppressing their people – robbing, raping, beating, imprisoning, torturing, and killing, as all communist governments do – but they also spent those years, particularly the years before the collapse of the Soviet Union, spreading violent revolution across...
  • Artist Protests Dolce & Gabbana's Ties To Trump While Walking The Runway

    06/22/2017 3:35:23 PM PDT · by 2ndDivisionVet · 21 replies
    The Huffington Post - South Africa ^ | June 22, 2017 | Carly Ledbetter
    One man took a stand against Dolce & Gabbana's ties to Donald Trump at the brand's fashion show in Milan this weekend. While all eyes were on Miley Cyrus' feud with the designers, Atlanta-based musician Raury protested D&G while walking the runway for the Italian design house. Near the end of the runway, Raury took off his D&G top ― revealing the phrases "Protest D&G," "Give me freedom," and "I am not your scapegoat" ― and raised a closed fist to the sky. He posted the powerful photo on Instagram and wrote about the emotional experience in the caption. "I...
  • The Relevance Of Vinyl

    06/21/2017 9:41:00 AM PDT · by Logicbox · 10 replies
    Britznbeatz ^ | June 16, 2017 | Britznbeatz Music News Team
    The British business at the forefront of the global recommence revolution, musicMagpie, have studied the most popular platforms for streaming or purchasing music, such as Spotify, Google Music, Tidal and iTunes. The research looks at how much a music artist makes when a single, album or vinyl record is purchased. An extraordinary example is this, Beyoncé would need us to listen to one of her songs 12.5 million times on Apple Music in order to meet the UK's yearly minimum wage of £14,625.