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Business/Economy (Bloggers & Personal)

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  • Without mentioning Trump, Toyota announces plans to invest $600M, add 400 jobs to Indiana plant

    01/24/2017 5:29:38 PM PST · by 2ndDivisionVet · 2 replies
    The Japan Times ^ | January 25, 2017
    Toyota Motor Corp. said Tuesday it will invest $600 million and add 400 jobs at one of its U.S. plants, making the announcement a few weeks after U.S. President Donald Trump took aim at the Japanese automaker’s investments in Mexico. The project is part of Toyota’s plan to spend $10 billion on capital investments in the United States over the next five years, as announced on Jan. 9. The investment will be used for retooling, new equipment and cutting-edge technologies at its Princeton, Indiana, plant in order to manufacture an additional 40,000 Highlanders per year, Toyota said in a statement....
  • FCC’s Pai Offers Plan for Gigabit Internet Speeds in Rural America

    01/24/2017 4:39:56 PM PST · by 2ndDivisionVet · 15 replies
    Inside Sources ^ | September 13, 2016 | Giuseppe Macri
    Federal Communications Commissioner Ajit Pai dropped his agenda Tuesday to speed up deployment and delivery of broadband internet in America’s typically underserved rural areas, laying out a plan to encourage gigabit speeds in some of the poorest parts of the country. The Republican commissioner outlined the major tenets of his plan during a speech at The Brandery, a Cincinnati-based startup accelerator, where he called for more center-right, market-based approaches than those typically sought by the FCC’s three-Democrat majority, including tax incentives for internet service providers (ISPs), entrepreneurs and a streamlined regulatory permitting process for wireless and broadband infrastructure. “The concept...
  • President Trump: 133 Food and Ag Organizations Ready to Work with You on Trade

    01/24/2017 2:45:13 PM PST · by 2ndDivisionVet · 5 replies
    Pork Network ^ | January 24, 2017 | Corn Refiners Association
    A total of 133 organizations and companies from the food and agriculture sector, which supports more than 15 million jobs nationally, sent President Donald J. Trump a letter this week expressing their eagerness to work with his Administration to modernize the North American Free Trade Agreement (NAFTA), while preserving and expanding the gains achieved to date. “U.S. food and agricultural exports have produced a trade surplus for nearly 50 years,” the letter notes. “Consistent growth over this period resulted in over $130 billion worth of exports, which created $423 billion in U.S. economic activity in 2015.” The letter also noted...
  • Trump to advance construction of both Keystone XL and Dakota Access pipelines

    01/24/2017 11:13:54 AM PST · by Sean_Anthony · 17 replies
    Canada Free Press ^ | 01/24/17 | Dan Calabrese
    Drill baby drill . . . and transport it too. If you had issues with Donald Trump, but you figured he might be worth rolling the dice if there was the hope of four or five things good things happening, what might have been on your list? The Supreme Court, certainly. The ObamaCare repeal, absolutely. For me, one of the issues close to the top as well was energy independence. And that doesn’t only include drilling for domestic resources. Most people don’t realize what a big problem transport infrastructure is, and the Keystone XL and Dakota Access pipelines were supposed...
  • Indian American supporters of President Donald Trump expect a new era in US–India ties

    01/24/2017 3:55:42 AM PST · by 2ndDivisionVet · 14 replies
    The American Bazaar ^ | January 24, 2017 | Wire services and staff
    Indian American supporters of President Donald Trump believe that the relationship between the United States and India is heading towards a brighter future. “This is the beginning of a new era, new dawn of new (US-India) relationship,” Digvijay Singh ‘Danny’ Gaekwad, who worked closely with Trump and his election campaign, told PTI. “With Trump becoming the president, a new India-US relationship will begin. This one President in my lifetime, who has come on a national television and said I love India, I love Indians, I want to help India, I want to fight terrorism. It that is not enough then...
  • HVAC’s Future in a Trump-led Government

    01/23/2017 10:45:32 PM PST · by 2ndDivisionVet · 12 replies
    Air Conditioning, Heating & Refrigeration News ^ | January 23, 2017 | Nicole Krawcke, Business Management Editor
    With President-elect Donald Trump now in office, the HVAC industry remains hopeful and optimistic about its future under a Republican-led government. Takeshi Ebisu, president and CEO, Goodman Mfg. Co., suggested a unified federal government was a good thing for the HVAC industry. “The federal government has been experiencing an extended period of gridlock where no major pro-business legislation has been passed or deregulation has occurred. It’s a good thing for the HVAC industry when you have a government that is action-oriented.” However, Ebisu also noted it was too early to tell how the new administration and Congress will impact the...
  • Here it comes again: Severance tax a nonstarter

    01/23/2017 5:24:34 PM PST · by 198ml
    Pittsburgh Tribune Review ^ | 1/21/17 | Editors
    If the GOP-controlled Legislature goes along with Democrat Gov. Tom Wolf's renewed call for a severance tax, it would be a surefire way to debilitate Pennsylvania's shale-gas industry. Always a bad idea, a severance tax is an even worse idea this time around — because 2016 saw the industry “shed a third of its jobs” and gas prices are still rebounding “from record lows,” according to the Commonwealth Foundation. The state's own Independent Fiscal Office estimates that Pennsylvania's existing impact fee is the equivalent of a 6.9-percent severance tax — higher than severance taxes in Louisiana, Wyoming and West Virginia.
  • Trump meets with leaders of building, sheet metal unions

    01/23/2017 2:00:46 PM PST · by 2ndDivisionVet · 6 replies
    Reuters ^ | January 23, 2017 | David Shepardson
    President Donald Trump met Monday at the White House with leaders of construction, carpenters, plumbers and sheet metal unions, the White House said. According to the White House, participants included North America's Building Trades Unions President Sean McGarvey, Laborers' International Union of North America President Terry O'Sullivan, SMART sheet metal workers' union President Joseph Sellers, United Brotherhood of Carpenters President Doug McCarron and Mark McManus, president of the United Association that represents plumbers, pipefitters, welders and others. The union meeting also included several local union officials and follows a gathering of 12 chief executives of large companies at the White...
  • Drill Program to Find One of the Trump Metals

    01/23/2017 1:17:17 PM PST · by 2ndDivisionVet · 3 replies
    Yahoo! Finance ^ | January 17, 2017 | Accesswire
    Today, Arctic Star Exploration Corp. (ADD.V) reported to have started permitting for a drill program on its wholly owned CAP Property, located within the central parts of the Rocky Mountain Rare Metal Belt, 80 km northwest of Prince George in British Columbia, Canada. In 2010, Arctic Star acquired this property for its potential to host niobium-tantalum and/or rare earth elements ("REEs"). Since then, these commodities have undergone a dramatic shift in demand owing in part to their usage in the green energy sector, which includes modern wind turbines, rechargeable batteries, catalytic convertors etc. Past exploration identified a large anomaly to...
  • Donald Trump vows to unlock $66 trillion shale oil and gas revolution

    01/23/2017 12:32:21 PM PST · by 2ndDivisionVet · 55 replies
    The Australian ^ | January 23, 2017 | Graham Lloyd
    US President Donald Trump has pledged to unlock a $US50 trillion ($66 trillion) shale oil and gas revolution and boost development of low emissions coal technology for electricity. The Energy First plan was outlined as the top priority in President Trump’s first action statement after being sworn into office. The statement committed Trump to scrapping the Obama government’s Climate Action Plan but did not mention renewable energy or whether the US would remain in the Paris agreement. It was a full endorsement of the future use of fossil fuels. The Trump plan mirrors debate in Australia over energy security. The...
  • Trumps Give Biz Leaders 30 Days To Put Together Plan To Create Jobs

    01/23/2017 12:06:13 PM PST · by 2ndDivisionVet · 26 replies
    WWJ-FM ^ | January 23, 2017
    DETROIT (WWJ) – Ford Motor Co. CEO Mark Fields says President Donald Trump’s meeting with some big league business leaders was “very positive.” The new president met with a group of top manufacturing leaders — including Fields, Elon Musk, the head of SpaceX; Andrew Liveris, the CEO of Dow Chemical; and the executives from Dell, Johnson & Johnson and Lockheed Martin — for what the Trump administration called “a listening session” in the in the Roosevelt Room at the White House on Monday. Liveris told reporters following the meeting that he was impressed with how “engaged” the president was, explaining...
  • Taurus Spectrum .380 at Shot Show 2017

    01/23/2017 7:11:19 AM PST · by marktwain · 33 replies
    Gun Watch ^ | 20 January, 2017 | Dean Weingarten
    A pick for the "best" new product at the Shot Show is a highly subjective thing.  The item that most impressed me was at the Taurus booth.  It is the likely replacement for the Taurus 738 TCP, the Taurus Spectrum. It seems that Taurus has not been able to keep up with demand for the 738. The 738 has an excellent reputation for reliability. It is small, easy to conceal, and is in the popular .380 caliber.  I liked the ergonomics of the 738.  So why has Taurus introduced what appears to be a replacement for the 738? First,...
  • Mitsubishi chief sees opportunity if ‘very smart person’ Trump keeps infrastructure spending pledge

    01/23/2017 12:52:49 AM PST · by 2ndDivisionVet · 8 replies
    The Japan Times ^ | January 23, 2017 | Bloomberg
    DAVOS, SWITZERLAND – U.S. President Donald Trump’s promise to create jobs by spending $1 trillion over 10 years upgrading infrastructure from airports to schools is an opportunity for Mitsubishi Heavy Industries Ltd., the conglomerate’s chairman said. Mitsubishi, maker of an array of products from forklifts to nuclear power plants and aircraft, also won’t hesitate to invest more in the U.S., Hideaki Omiya, 70, said in an interview on the sidelines of the World Economic Forum in Davos, Switzerland, on Friday. “We provide infrastructure all over the world, including the U.S.,” he said. “It might be a good opportunity for us.”...
  • Forgotten and forlorn, a Mass. town finds hope in Donald Trump

    01/23/2017 12:29:36 AM PST · by 2ndDivisionVet · 19 replies
    The Boston Globe ^ | January 22, 2017 | Andrew Ryan
    WINCHENDON — At the elbow of the bar, where afternoon regulars with calloused hands gripped $3 longnecks, the consensus was clear in the Toy Town Pub: America needs President Trump’s business smarts. The country needs Trump’s tell-it-like-it-is bluster because politicians who told us what we wanted to hear got us into this mess. It needs Trump to build that wall along the Mexican border to protect Americans who can’t find jobs. Most of all, America needs Trump to restore prosperity to forgotten places like Toy Town, the nickname Winchendon acquired a century ago — before the toy industry left. That...
  • Woman slashes Trump sign with knife, says it 'ruined her chill'

    01/22/2017 11:19:24 AM PST · by 2ndDivisionVet · 37 replies
    WPLG-TV ^ | January 22, 2017 | Peter Burke, Managing Editor
    BIG PINE KEY, Fla. - A California woman was arrested Friday in the Florida Keys after she slashed a President Donald Trump sign, telling deputies she did it because the sign "ruined her chill," Monroe County Sheriff's Office spokeswoman Becky Herrin said. Elizabeth McSurdy, 30, of Oakland, California, faces charges of criminal mischief and aggravated assault stemming from the incident at R&T Vinyl Signs in Big Pine Key. The owners of the business told deputies that a woman had slashed their vinyl Trump sign and threatened them while holding a knife in her hand. One of the men took a...
  • Taiwan's Foxconn chief confirms mulling $7 bn US investment

    01/22/2017 10:14:43 AM PST · by 2ndDivisionVet · 8 replies
    Yahoo! News ^ | January 22, 2017 | Agence France Presse
    Taipei (AFP) - The head of Taiwan's tech giant Foxconn confirmed Sunday he is considering a $7 billion investment to make TV flat panels in the United States in a joint project with Japan's SoftBank. US President Donald Trump had announced before taking office a $50 billion deal with SoftBank which he said would generate 50,000 jobs. Trump was speaking last month alongside SoftBank's chief executive Masayoshi Son, who displayed a document which indicated Softbank and Foxconn would "commit to invest $50bn + $7bn in US, generate 50k + 50k new jobs in US in next four years". Foxconn, a...
  • Sanders Says American Poor Worse off than Poor Anywhere Else [semi-satire]

    01/22/2017 10:05:20 AM PST · by John Semmens · 8 replies
    Semi-News/Semi-Satire ^ | 22 Jan 2017 | John Semmens
    Despite the fact that the living standards of those in poverty in the United States exceed the standards of the middle class in most countries, recent Democratic presidential candidate Senator Bernie Sanders tweeted that "America's record is worse than virtually any other country on Earth." "A lot of people have been bad-mouthing Venezuela because of shortages of essentials and their high cost," Sanders said. "But the people are united by their equality. No one is allowed to hoard more than his fair share. And say what you will about Stalin's Soviet Union, but there everyone was guaranteed a job. Even...
  • Shot Show: Kel-Tec Still at Max Capacity for PMR 30

    01/22/2017 6:27:01 AM PST · by marktwain · 24 replies
    Gun Watch ^ | 19 January, 2017 | Dean Weingarten
    Making a reliable .22 magnum semi-auto has always been a challenge in the industry.  Doing so with a pistol is even more difficult.  Kel-Tec has had the most successful design with their PMR 30.  The PMR 30 has been a success for several years now.  Kel-Tec is running at top production capacity of a thousand a month out the door.  A lot of people like the idea of a 30 shot, lightweight, .22 magnum pistol.  Quite a few like the significant muzzle flash and blast. Reports from industry insiders at the show are that most reliability problems with the...
  • Jesse Jackson: Trump's inauguration speech was 'full of hope and inclusion'

    01/22/2017 2:11:56 AM PST · by 2ndDivisionVet · 65 replies
    WPXI-TV ^ | January 21, 2017 | The Atlanta Journal-Constitution
    Not long after President Donald Trump was sworn in, we happened to run into the Rev. Jesse Jackson on the street. He gave a thumbs-up to Trump’s inauguration speech but said the new commander in chief has much work to do in order to unify a nation riven by a divisive campaign. “The speech was full of hope and inclusion and he reached out to cities in a way they’ve not been reached out to for a long time,” he said. “But with that must come a target, a timetable and a budget.” Trump’s speech hit many of the populist...
  • Manufacturing CEOs readying for the expected Trump expansion

    01/21/2017 9:53:22 PM PST · by 2ndDivisionVet · 14 replies
    The Washington Examiner ^ | January 22, 2017 | Salena Zito
    President Trump says he will be the greatest jobs producer God ever created. "I'm going to work very hard on that. We need certain amounts of other things, including a little bit of luck, but I think we're going to do a real job," he said recently. While his critics laughed and economists urged caution, the truth is American manufacturing is already showing signs of confidence and optimism about a Trump presidency. U.S. CEO's are rewarding the incoming administration with a flurry of announcements promising new jobs, bigger inventories and a reduction of operations moving to Mexico and abroad. Some...
  • Herbal And Dietary Supplements—Buyer Beware

    01/19/2017 10:58:30 AM PST · by Sean_Anthony · 57 replies
    Canada Free Press ^ | 01/19/17 | Jack Dini
    Of the fifty-one thousand products introduced since 1994, only 170 (0.3 percent) have any documentation of their safety Americans spend more than $32 billion a year on more than 85,000 different combinations of vitamins, minerals, botanicals, amino acids, probiotics, and other supplement ingredients. 1 While it costs millions of dollars to develop and substantiate a pharmaceutical product, selling supplements requires no such investment. And new products are easily sold as supplements. The only common feature among them, as defined by the FDA, is that these are edible things not intended to treat, diagnose, prevent or cure diseases. However, this is...
  • Kentucky Becomes Nation’s 27th Right-to-Work State

    01/19/2017 10:37:54 AM PST · by MichCapCon · 10 replies
    Capitol Confidential ^ | 1/17/2017 | Vincent Vernuccio
    The Mackinac Center for Public Policy congratulates the commonwealth of Kentucky, which became the nation’s 27th right-to-work state over the weekend. Kentucky Gov. Matt Bevin, a Republican, signed the legislation Saturday after it sailed through the legislature during the week. Once the law takes effect, unions will no longer be able to have workers in the Bluegrass State fired for not paying them dues. In addition to enjoying more freedom, Kentuckians should expect an improved economy, higher wages and more jobs as a result of right-to-work. Jim Waters, president of the Bluegrass Institute for Public Policy Solutions, wrote an article...
  • Silencerco CEO Invited to Trump Inauguration

    01/19/2017 10:34:56 AM PST · by marktwain · 6 replies
    Gun Watch ^ | 18 January, 2017 | Dean Weingarten
    At the Shot Show Industry day at the range, I stopped at the busy Silencerco exhibit, range lanes.  I chatted with Matt Pinner, a public relations specialist for Silencerco.  I was working to obtain another interview with Josh Waldron, CEO of Silencerco and one of the founders of the American Suppressor Association (ASA). The ASA has had tremendous success in removing state legal barriers to Suppressor ownership and use in hunting. Before the election, Josh had told me that Donald Trump's two oldest sons,Donald Jr., and Eric, had used Silencerco products. Silencerco was an early and vocal endorser of...
  • Welcome to the final full day of Barack Obama’s presidency. Let’s look at his “legacy.”

    01/19/2017 9:28:26 AM PST · by Sean_Anthony · 35 replies
    Canada Free Press ^ | 01/19/17 | Robert Laurie
    We should probably thank him...Congratulations, Mr. President, and thank you for your service By weaponizing the IRS, the Obama administration whetted America’s appetite for the elimination or restructuring of the IRS. By constantly wailing about the evils of the 2nd Amendment Barack Obama became history’s greatest gun salesman.
  • Report: Trump preparing ‘dramatic’ blueprint of intense budget cuts

    01/19/2017 8:57:41 AM PST · by Sean_Anthony · 30 replies
    Canada Free Press ^ | 01/19/17 | Robert Laurie
    Think bigger Today, Democrats are quaking in their jackboots. It’s bad enough that their messiah is about to leave D.C., but they’re also facing a new government that’s openly hostile toward most of their goals. On top of that, we’re getting word that the nascent Trump administration has “dramatic” plans to trim the federal fat. This news will, as will most news concerning Trump, have lefties curled up in a ball in the corner, shaking their fists as the sky.
  • British PM May Puts Britain First- Goes Hard Brexit

    01/19/2017 8:43:08 AM PST · by Sean_Anthony · 6 replies
    Canada Free Press ^ | 01/19/17 | Mitch Wolfe
    Brexit Britain and the U.S. tighter than ever. Welcome to the emerging new world order Taking a cue from soon to be President Donald Trump, British Prime Minister Theresa May put the economic and financial interests of Britons ahead of its relations with their fellow Europeans. May went hard Brexit, that is, a complete break from her European partners. No half measures.
  • Donald Trump could make US world-leader with $25 dollar oil, claims Wall Street analyst

    01/18/2017 10:35:01 PM PST · by 2ndDivisionVet · 38 replies
    Energy Voice ^ | January 19, 2017 | Alan Shields
    A leading Wall Street investment expert claims that Donald Trump could make the US a world leading “energy powerhouse” during his presidency. Joseph Grinkorn, chief executive officer of Morris Group, believes the presidential elect could force global oil prices as low as $25 dollars a barrel by tapping into America’s reserves. Mr Grinkhorn, a New York-base entrepreneur that specialises in finance, claims that the Republican’s first 100 days in office could be a “game changer” for the global energy industry. Both OPEC and non-OPEC member countries have already agreed to cut production for the first six months of this year...
  • CarMax looks to hire 120 for new Lynnwood, Puyallup stores (Washington state, career fair on 20th)

    01/18/2017 6:59:03 PM PST · by 2ndDivisionVet · 11 replies
    The Everett Herald ^ | January 10, 2017
    LYNNWOOD — CarMax, which bills itself as the nation’s largest retailer of used cars, is hiring more than 120 people at two new stores opening March in the Puget Sound region, one in Lynnwood and one in Puyallup. The publicly traded company is looking to hire full- and part-time employees and is offering up to a $5,000 signing bonus for automotive technicians. The company is planning to hold a career fair from 11 a.m. to 3 p.m. Jan. 20 at 202 15th Ave. SW, Puyallup. Or people can apply at http://jobs.carmax.com. CarMax, based in Richmond, Virginia, has more than 150...
  • Tech Mahindra to hire more local people in US, says CEO CP Gurnani (India on the Trump train?)

    01/18/2017 3:54:30 PM PST · by 2ndDivisionVet · 6 replies
    The Financial Express ^ | January 18, 2017 | Staff
    Tech Mahindra will continue to invest in hiring more and more local people in the US as part of its efforts to augment competitiveness across locations, CEO CP Gurnani told a TV news channel on Wednesday. “Tech Mahindra is very conscious that not only the US, but the world is about localisation now,” Gurnani said in an interview to ET Now on the sidelines of the ongoing World Economic Forum in Davos. “Local skills have to be upgraded so that the products continue to be getting delivered,” he said. He was responding to queries on concerns about the US President-elect...
  • Trump as Lightning Rod--Not Just for Disaffected Progressives, But For Panicked Insiders

    01/18/2017 2:25:45 PM PST · by Lorianne · 22 replies
    Of Two Minds ^ | 16 January 2017 | Charles Hugh Smith
    The Eastern Establishment fears and loathes Outsiders, and seeks to destroy them, usually via the mainstream media. Political agnostics who are skeptical about Big Government "solutions," left or right, view the current hullabaloo about the Trump presidency with some detachment. What's remarkable to us is the extremism, not just of those bitter about Clinton's loss, but by insiders who are threatened by the possibility Trump may upset their insider skims and scams. As an opening observation, I don't recall bitter Nixon supporters issuing death threats to performers at John Kennedy's inauguration in 1961--and the 1960 election was extremely close. I...
  • Skedaddle is Bringing Busloads of Women to March on Washington (Uber for buses)

    01/18/2017 1:23:29 PM PST · by 2ndDivisionVet · 22 replies
    Inverse ^ | January 17, 2017 | Dyani Sabin
    The hottest ticket to the Women’s March on Washington is on the bus-sharing startup Skeddadle, which allows people to commission private bus rides and is trying to change the future of long-distance transportation. Most of Skeddadle’s business comes from people scheduling events – going to ski resorts or music festivals for a weekend. It’s a social experience where passengers share rides with people who have similar interests. But Skeddadle sees itself as public transit of the future, and is building towards being the least expensive, most convenient way to get in or out of a city. “The March is amazing...
  • Elon Musk and Donald Trump: Politics Makes Strange Bedfellows

    01/18/2017 8:15:21 AM PST · by Sean_Anthony · 15 replies
    Canada Free Press ^ | 01/18/17 | Megan Barth
    In a Trump administration, which is focused on economic prosperity, job creation, and sovereignty, Elon is going to have to shelve some of his progressive ideals that were rejected in this past election and embraced by the very people he could one day employ—-without tax-payer subsidies? Time will tell. Trump doesn’t seem to be the right guy. He doesn’t have the sort of character that reflects well on the United States. —Elon Musk President-elect Donald Trump has put together a strong list of appointees to serve in his new administration. Many of his appointees have been his longest and most...
  • 200,000 New Energy Jobs Forecast In 2017

    01/18/2017 8:14:11 AM PST · by bananaman22 · 4 replies
    The latest U.S. Energy and Employment Report has forecast that the sector of energy efficiency will see a 9-percent increase in employment this year – the highest growth rate across energy sectors, according to the Department of Energy. The survey was conducted among 30,000+ employers from the energy industry, who shared their hiring plans for the next 12 months. Within the energy efficiency sector, the Department also said, the highest growth in employment will be in construction, at 11 percent, followed by the segment of wholesale trade, distribution, and transport, with an expected employment growth rate of 8.3 percent. The...
  • Georgetown professor says whites should keep ‘individual reparations account’

    01/17/2017 7:01:45 PM PST · by 2ndDivisionVet · 91 replies
    The Washington Times ^ | January 10, 2017 | Jessica Chasmar
    Georgetown University professor and author Michael Eric Dyson says white people should keep an “individual reparations account” to make donations to black groups and atone for America’s history of slavery and racism. Mr. Dyson was discussing his forthcoming book, “Tears We Cannot Stop: A Sermon to White America,” with New York Times Magazine when he touched on a subject in his book that talks about white people making reparations on the local and individual level. The Times’ Ana Marie Cox said Mr. Dyson suggested donating to the United Negro College Fund or paying “the black person who cuts your grass...
  • SAP to create 10,000 jobs in US, pending Trump tariff policies

    01/17/2017 5:53:44 PM PST · by 2ndDivisionVet · 11 replies
    CNBC ^ | January 17, 2017 | Karen Gilchrist, Digital Reporter
    Multinational software giant SAP SE has called on the incoming Trump administration to rethink any punitive tariffs and tax policies as it sets out to create 10,000 new jobs in the U.S. over the next year. The firm, which currently serves 25 industries across 190 countries, aims to significantly boost its business in the U.S. over the coming 13 months, chief executive Bill McDermott told CNBC's Squawk Box at the World Economic Forum in Davos, Switzerland. However, he said that he was worried that added taxes and tariffs could be "problematic" for these goals. "We obviously don't want to get...
  • Wayne County is glad it voted 84 percent for Trump

    01/17/2017 3:47:47 PM PST · by 2ndDivisionVet · 23 replies
    The Chicago Sun-Times ^ | January 17, 2017 | Neil Steinberg
    FAIRFIELD, Illinois — Drive 275 miles due south from Cook County to Wayne County. You’ll notice differences right away. It is warmer here, literally — last Wednesday, when it was 42 degrees in Chicago, it was 67 degrees in Fairfield, the county seat, and with a population of 5,000, the largest town in Wayne County, population 15,000. Figuratively warmer too. Ask directions at a bakery and the owner will walk out into the street to point the way. Strangers volunteer to put you up for the night. Pop in on the bank president, unannounced, and he’ll visit with you a...
  • Women's apparel retailer Limited Stores files for bankruptcy

    01/17/2017 2:23:44 PM PST · by 2ndDivisionVet · 28 replies
    Reuters ^ | January 17, 2017 | Arathy S. Nair and Tom Hals
    U.S. women's apparel chain The Limited filed for Chapter 11 bankruptcy protection on Tuesday after closing all 250 stores, the latest brick-and-mortar retailer to fall victim to changing tastes and online competitors. The retailer that began as a single store more than 50 years ago blamed declining mall traffic, falling sales, expensive leases and the shift toward online shopping. Retailers filing for bankruptcy in the past year include Aeropostale Inc (AROPQ.PK), Pacific Sunwear of California Inc (PSUN.MU), Sports Authority, Vestis Retail Group and American Apparel. In addition, department store chains such as Sears Holdings Corp (SHLD.O) and Macy's Inc (M.N)...
  • Hyundai to invest $3.1 billion in U.S. plants (Including new plant, "thousands" of jobs)

    01/17/2017 2:01:24 PM PST · by 2ndDivisionVet · 37 replies
    Market Watch ^ | January 17, 2017 | In-Soo Nam
    SEOUL--Hyundai Motor Co. (005380.SE) said Tuesday it will invest as much as $3.1 billion in its existing U.S. manufacturing facilities, and is considering a new plant in the world's most profitable auto market that would help to create thousands of new jobs. The South Korean automotive group, which includes affiliate Kia Motors Corp., said it will spend the money over the next five years on research and development of new technologies such as autonomous vehicles and on upgrading existing facilities. "The U.S. market is crucial to our success as a global auto maker. We will continue to expand our presence...
  • Wal-Mart to add about 10,000 retail jobs in the US

    01/17/2017 1:43:34 PM PST · by 2ndDivisionVet · 9 replies
    CNBC ^ | January 17, 2017 | The Associated Press
    Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations. The world's biggest retailer said Tuesday that there will also be about 24,000 construction jobs as well. Wal-Mart Stores says there will be 59 new, expanded and relocated Walmart and Sam's Clubs facilities....
  • Tourism Promotion Study Criticism Absurd, Ironic

    01/17/2017 10:45:10 AM PST · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 1/12/2017 | Michael LaFaive
    We are the authors of a new study of state-funded tourism promotion programs that found them to be largely a waste of taxpayer money. The findings were so stark that we felt compelled to bring them to the attention of our fellow citizens and Michigan taxpayers, who will pay $34 million for this state’s promotion campaign. Specifically, we found that every $1 million increase in state tourism promotion spending generates just $20,000 in additional lodging industry business (not new tax revenue). Other sectors of the economy get back far less. In other words, spending on this state’s Pure Michigan ad...
  • Trump Pushes Lockheed to Cut F-35 Costs by Asking Boeing to Develop a Comparable Jet

    01/16/2017 10:33:18 PM PST · by 2ndDivisionVet · 35 replies
    Newswire ^ | January 16, 2017 | Boris Djuric
    After meeting with the president-elect Donald Trump, Lockheed Martin CEO, Marillyn Hewson, promises to lower the costs of F-35 program as well as to create 1,800 new jobs. This brings out the question how come cheaper F-35 program and thousands of new jobs weren’t suggested earlier? Also, a frequently asked question is whether developing the fifth generation F-35 “super jet”, which proved to be not that “super” after all, justified spending $trillions of taxpayer’s money? According to Trump, this expense is unacceptable. The President-elect already promised a modernization of U.S. military, however, under certain conditions. “The F-35 program and cost...
  • Taxpayers Off The Hook With Trump's Infrastructure Plan (750,000 new jobs)

    01/16/2017 4:27:03 PM PST · by 2ndDivisionVet · 24 replies
    Fox Business News ^ | January 16, 2017 | Julia Limitone
    Private enterprise is lining up to help pay for the nation’s crippling infrastructure. Norman Anderson, informal advisor to the Trump “Infrastructure Task Force,” says there are 68 infrastructure projects ready to go under president-elect Trump and taxpayers will not have to pay for it. “Forty billion dollar’s-worth of electricity transmission projects [are] ready to go as soon as we can move through the approval process,” Anderson told the FOX Business Networks Stuart Varney. However, regulatory hurdles must be addressed he said....
  • Sergeant York and The Affordable Care Act

    01/16/2017 4:15:41 PM PST · by jfd1776 · 7 replies
    Illinois Review ^ | January 16, 2017 AD | John F. Di Leo
    Reflections on Enemies, Warriors, and Duty… As I write these words, hundreds of Republican, libertarian, and independent politicians, civil servants, and think tank analysts on Capitol Hill are working to finally overturn the monstrous law called the Affordable Care Act, commonly known as Obamacare. And just as many Democrats are working just as feverishly to thwart the effort. Now, before we get into the details, we should first begin by considering a crucial issue: Obamacare is a misnomer: it's not REALLY Obama's program. Barack Obama didn't write the bill (in all his years as a legislator, he’s never written a...
  • Venezuela To Propose New Deal ‘To Fix’ The Oil Markets

    01/16/2017 3:48:43 PM PST · by bananaman22 · 21 replies
    Oilprice.com ^ | 16-01-2016 | Para
    Recession-struck Venezuela will send a new proposal to OPEC and non-OPEC producers to try to stabilize crude oil prices, Venezuelan President Nicolas Maduro said on Sunday. “Venezuela, as of next week, will circulate a letter with a new proposal, a new formula for the stability of real and just prices so that it can be studied and debated by all the governments that have signed this deal,” the president said in a speech, without providing details, as quoted by Reuters. Venezuela was one of the most vehement supporters and promoters of OPEC’s supply-cut deal, in which OPEC and 11 non-cartel...
  • Donald Trump’s Promise of More Jobs Could Mean Less Drug Abuse

    01/15/2017 9:54:22 PM PST · by 2ndDivisionVet · 6 replies
    The American Spectator ^ | January 16, 2017 | Maia Szalavitz
    Research shows that unemployment and low socioeconomic status are linked with higher risk for addiction, compared to having a job and being in the middle class. Although the media has focused on heroin and prescription opioid misuse these days as being a “middle class” problem, the risk of addiction is more than three times higher for people making less than $20,000 compared to those who make over $50,000. These facts make President Trump’s promises to increase employment — perhaps through an infrastructure program — critical if he wants to deal with the opioid epidemic in the long run. Meaningful work...
  • A town has hope that it hasn’t been forgotten (Sandy Hook, Kentucky)

    01/15/2017 5:20:19 PM PST · by 2ndDivisionVet · 2 replies
    Yahoo! News ^ | January 15, 2017 | Holly Bailey, National Correspondent
    In the weeks leading up to the inauguration, Yahoo News visited towns and cities across the country, speaking to voters who had supported Donald Trump in the election. As the shape of his administration emerged, we asked voters if they were happy with their choice and optimistic about the future. Here is some of what we found: SANDY HOOK, Ky.—It used to be known as the most reliably Democratic county in America. In a state that had long ago gone deep red, Elliott County, located here in the winding forested hills of remote eastern Kentucky, was a true anomaly. Since...
  • Trump critics still not satisfied, even as he donates all foreign hotel profits to U.S. Treasury

    01/15/2017 1:10:39 PM PST · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 01/15/17 | Herman Cain
    And you know darn well they never will be. Of all the things people said about my run for the presidency, the funniest was that I did it to make money. Get your 15 minutes of fame, build your brand, and voila! Book sales, speaking fees, etc. Ha! If only.
  • Millennials are falling behind their boomer parents

    01/15/2017 7:17:28 AM PST · by Sir Napsalot · 87 replies
    AP via CNBC ^ | 1-13-2017 | AP via CNBC
    Baby Boomers: your millennial children are worse off than you. With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis of Federal Reserve data by the advocacy group Young Invincibles. The analysis being released Friday gives concrete details about a troubling generational divide that helps to explain much of the anxiety that defined the 2016 election. Millennials have half the net worth of boomers. Their home ownership rate is lower, while their student debt is drastically higher. The generational gap...
  • ConocoPhillips: Big New Oil Discovery In Alaska Could Produce 100,000 Barrels Per Day

    01/15/2017 12:39:14 AM PST · by 2ndDivisionVet · 30 replies
    Seeking Alpha ^ | January 14, 2017 | Michael Fitzsimmons
    Yesterday ConocoPhillips' (NYSE:COP) Alaskan unit announced a big discovery in Alaska. The Willow discovery lies in the COP's Greater Mooses Tooth ("GMT") unit and consists of two wells which encountered 72 feet and 42 feet of net pay. 3-D seismic appraisal work will start this month, however initial estimates indicate the discovery could contain a recoverable oil potential of 300 million barrels of oil. As a result, Willow could produce up to 100,000 bpd of oil and first oil could come by 2023. ConocoPhillips has a 78% working interest in the play while Anadarko Petroleum (NYSE:APC) holds a 22% interest....
  • Wal-Mart Reorganizes To Compete With Amazon (Targeting Food Stamp recipients)

    01/14/2017 10:10:15 PM PST · by 2ndDivisionVet · 37 replies
    Korea Portal ^ | January 14, 2017 | Hayden Thomas
    Wal-Mart is reorganizing its e-commerce team and upgrading executives from its recent Jet.com acquisition to compete with Amazon with higher selectivity and lower prices. The changes are aimed at making Wal-Mart more customer-focused, Jet founder Marc Lore, who is now the Executive Chairman of Wal-Mart's e-commerce operation, said on Friday in a memo Bloomberg had access. Wal-Mart bought Jet in September for about $ 3.3 billion and is appealing to the startup to push for an online operation that has lagged behind Amazon. "We've talked a lot about becoming a more customer-centric organization," Lore said. "Our strategy is to offer...