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Business/Economy (Bloggers & Personal)

Brevity: Headers | « Text »
  • 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 · 32 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 · 20 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 · 82 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...
  • Trump team discussing border wall with Army Corps, Interior Department

    01/14/2017 12:18:02 PM PST · by 2ndDivisionVet · 21 replies
    CNN Politics ^ | January 13, 2017 | Rene Marsh
    President-elect Donald Trump's transition team is engaged in active discussions with the US Army Corps of Engineers and Interior Department to begin planning a wall along the Mexican border, including how specific environmental laws could get in the way, CNN has learned. A US official with knowledge of a visit last last month to the Interior Department -- which oversees most federal lands and major environmental laws -- said the transition team was particularly interested in finding out "how long it would take" to build the wall given potential legal obstacles. "It seems clear they were trying to size up...
  • FReeper Help Needed: Alaskan Fisheries Jobs (Vanity)

    01/14/2017 12:13:03 PM PST · by PROCON · 10 replies
    Jan. 14, 2017 | Vanity
    Anyone here ever work in the Alaskan Fisheries in one capacity or another?My 20 year old son, in his 2nd year of College, has been happy working as an Asst. Produce Mgr. in a local grocery store during school summer breaks, but it doesn't pay much for a poor college student.I've had old friends over the years work in these fisheries for 2-3 months during the late Spring/Summer and bring home a slew of money.They'd work 12-14 hours a day, 6-7 days a week gutting and cleaning salmon on the "slime lines". Room and board is provided so you don't...
  • Trump will use 4 real estate business tricks to rebuild the US

    01/14/2017 11:39:17 AM PST · by 2ndDivisionVet · 40 replies
    CNBC ^ | January 14, 2017 | Jay N. Rollins
    On January 20, 2016, the country is sending a businessman to Washington in one of the riskiest bets in history. Donald Trump appears to be intent on running the country like a business enterprise. But Trump is not just a business man. He is a real estate developer, an important distinction, as it impacts how he will think about revitalizing an economy that has struggled to maintain significant growth. Trump promises to cut both corporate and individual taxes while investing up to $1 trillion on the country's infrastructure. By simultaneously decreasing the country's revenue and increasing its expenses, Trump would...
  • hammer of thor

    01/14/2017 6:51:09 AM PST · by acong · 23 replies
    hammer of thor
  • Marijuana Industry Hopes Promise of Jobs Will Keep Trump, Sessions Happy

    01/13/2017 6:09:55 PM PST · by 2ndDivisionVet · 16 replies
    TheStreet ^ | January 13, 2017 | Emily Stewart
    Marijuana legalization advocates and industry actors remain optimistic about the incoming Trump administration's attitude towards pot, despite some less-than-reassuring comments from the man who will soon be charged with enforcing drug laws in America. Alabama Senator Jeff Sessions, Donald Trump's nominee for U.S. Attorney General, in a confirmation hearing in front of the Senate Judiciary Committee this week said he could not commit to not enforcing federal marijuana laws when at the helm of the Department of Justice. He didn't say he would crack down on cannabis, either. "I won't commit to never enforcing federal law...but absolutely it's a problem...
  • Foxconn-Sharp considering LCD plant in US

    01/12/2017 7:51:21 PM PST · by 2ndDivisionVet · 26 replies
    Nikkei Asia Review ^ | January 13, 2017 | Jun Iiyama, Nikkei staff writer
    OSAKA -- Hon Hai Precision Industry and its Japanese subsidiary Sharp have begun studying the possibility of building a liquid crystal display panel plant in the U.S., a Sharp executive said Friday. The plan is "on the table," the executive said. "We will make a decision carefully." The Taiwanese electronics contract manufacturer, also known as Foxconn, and its Japanese alliance partner SoftBank Group reportedly told Donald Trump they would jointly make significant investments creating new jobs in the U.S. when SoftBank Chairman Masayoshi Son met the President-elect in New York last month. The joint investment plan was proposed by Son,...
  • Graphene Able to Transport Huge Currents on the Nano Scale

    01/12/2017 2:33:20 PM PST · by 2ndDivisionVet · 37 replies
    I-Connect007 ^ | January 12, 2017
    Once again, graphene has proven itself to be a rather special material: an international research team led by Professor Fritz Aumayr from the Institute of Applied Physics at TU Wien was able to demonstrate that the electrons in graphene are extremely mobile and react very quickly. Impacting xenon ions with a particularly high electric charge on a graphene film causes a large number of electrons to be torn away from the graphene in a very precise spot. However, the material was able to replace the electrons within some femtoseconds. This resulted in extremely high currents, which would not be maintained...
  • Five Reasons Why India Should Not Fear An Unpredictable Trump Presidency

    01/12/2017 1:40:38 PM PST · by 2ndDivisionVet · 5 replies
    Swarajya Magazine ^ | January 12, 2017 | R. Jagannathan
    How concerned should India be about an unpredictable Donald Trump presidency, now just about a week away from inauguration? Trump’s presser yesterday (11 January) did not inspire much confidence, focused as it was on attacking the media, bringing jobs back to America, diatribes against the pharma industry, and defending himself against intelligence leaks which suggested that Russia had compromising information on him. (Read the full transcript of what Trump said here) But that’s the man. He has a tendency to talk from the gut, and that is what got him elected. But once he is President, he won’t be able...
  • 2016 Was Good For Michigan

    01/12/2017 1:19:05 PM PST · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 1/10/2017 | James Hohman
    It looks like 2016 has been a good year for the state economy. The first official reports show that jobs, income and production are all up and tended to grow faster than national averages. The data on the state’s current economic performance shows substantial growth, though much of it will not come out until after year-end. The state added 70,900 jobs from the end of 2015 to November 2016, the most recent release showed. That is a 1.7 percent increase compared to a 1.4 percent increase for the nation. There are now more jobs in Michigan than when the 2007...
  • Let's play hardball to get the wall financed

    01/12/2017 10:23:46 AM PST · by WASgun · 18 replies
    None | 12Jan17 | WASgun
    Sooooo, food for thought. Higher estimates of the wall are 38 billion. Current US foreign aid is about 37 million annually. Mexico has about 500 million in US foreign aid out of that 37 million. How about we take all of north and south america's US foreign aid and apply it to the wall budget. We can tell all of those countries: "Hey dudes, sorry, but Mexico ruined the Foreign Aid gravy train for you. If you can convince Mexico to pay for the wall, we can turn the free money back on." Maybe even include countries that Mexico trades...
  • Obama's Real, Scandalous Legacy

    01/12/2017 8:58:45 AM PST · by PingPongChampion · 8 replies
    Poletical.com ^ | January 12th, 2017 | R. Rados
    All this talk of fake news has everyone in a tizzy. I'm personally glad that we've finally put media bias and unsubstantiated news into the spotlight. Organizations like CNN and CBC have been publishing lopsided and unsubstantiated news stories for decades, so I'm glad we've finally noticed. As an example, a CBC segment from last week made the erroneous claim that Barack Obama ran a scandal-free administration. CNN and MSNBC have made similar claims, so we can't just single out CBC, but we should definitely hold them to a higher standard. As Barack Obama puts his obnoxious and self righteous...
  • Barack Obama and the Sowing of Minefields

    01/11/2017 7:04:27 PM PST · by jfd1776 · 18 replies
    Illinois Review ^ | January 11, 2017 A.D. | John F Di Leo
    Reflections on Barack Obama's legacy... While there is nothing particularly “happy” about warfare, some aspects are even more distasteful than others. There must be shooting in battles; there must be conquest of land; this is what warfare is made of. But some tactics go too far… such as mines. In the 1990s, for example, the Ottawa Convention sought to put a global end to the use of mines – both land and sea varieties – an aspect of warfare that still costs several thousand lives per year worldwide, even long after the wars in which they were used have ended....
  • Like it or not, the “Trump Effect” is looking more and more real

    01/11/2017 4:29:54 PM PST · by 2ndDivisionVet · 26 replies
    Hot Air ^ | January 11, 2017 | Jazz Shaw
    This morning I heard Bryan Williams (of all people) say that today is “one of the busiest news days” since the election. I suppose that’s true if you butter your bread in the cable news game. But while much of the press corps prefers to discuss secretive and probably imaginary meetings in Prague of whatever bits of dirt they can dig up on the cabinet nominees, there have been some other things happening. Ever since Donald Trump was elected there’s been a not always quiet undercurrent of concern flowing through companies who do a lot of outsourcing or build factories...
  • How Tillerson Could Jeopardize Geopolitics In Iraq

    01/11/2017 3:22:17 PM PST · by bananaman22 · 13 replies
    Oilprice.com ^ | 11-01-2016 | Ziki
    Former oil executive Rex Tillerson’s history of politically damaging oil dealings in the Middle East could jeopardize the future of a united Iraq as he assumes the position of U.S. Secretary of State with the inauguration of President-elect Donald Trump on January 20th, pending a Senate confirmation vote. Under Tillerson’s management in 2011, Exxon Mobil approved oil contracts with Erbil, the capital of the Kurdish Regional Government (KRG), which spans almost 80,000 kilometers in northern Iraq, provided disputed territories are included in the calculations. These lands hold an estimated 45 billion barrels of recoverable oil.
  • Do Laws Only Apply to Conservatives?

    01/11/2017 10:54:01 AM PST · by Sean_Anthony · 9 replies
    Canada Free Press ^ | 01/11/17 | Jim Yardley
    What excuse do the Democrats have to claim that Donald Trump and Republicans are the ones in this country who are fascists? Don’t these people ever look in a mirror? The recent nonsense regarding some of the Radio City Music Hall Rockettes being unwilling to perform at the Trump inauguration leads to the potential for many parallel examples but with wildly different reactions. For example, a waiter or waitress might determine that a restaurant patron doesn’t agree with them politically. They might tell their boss to find this reprehensible person another server because they refuse to wait on that particular...
  • Trump’s Trillion $$ Infrastructure Investment Could Create 11M Jobs, According to Georgetown

    01/11/2017 7:54:00 AM PST · by 2ndDivisionVet · 5 replies
    PR Web ^ | January 11, 2017 | Hilary Strahota
    New analysis from the Georgetown University Center on Education and the Workforce (Georgetown Center) finds that President-elect Trump’s 10-year $1 trillion infrastructure proposal could create 11 million jobs, restoring the job growth trajectory derailed by the Great Recession, but also risks overheating the economy. It is not surprising that $1 trillion in spending on infrastructure is certain to have positive employment effects in keeping with standard Keynesian theory. However, the additional spending, in combination with tax cuts and other economic policy shifts proposed by the President-elect, could generate inflation and set the stage for further interest rate hikes. President-elect Trump’s...
  • Chinese delegation open to meeting Trump's team at Davos

    01/10/2017 10:35:51 PM PST · by 2ndDivisionVet · 2 replies
    The Daily Progress ^ | January 10, 2017 | Louise Watt, The Associated Press
    BEIJING (AP) — Chinese President Xi Jinping's delegation to next week's World Economic Forum in the Swiss Alpine resort of Davos is open to meeting with President-elect Donald Trump's team, an official said Wednesday. Vice Foreign Minister Li Baodong told reporters at a briefing that "there are open channels of communication" with Trump's team. Bilateral meetings on the sidelines of the annual gathering of business leaders, politicians and cultural icons are still being finalized, but China would look into what sort of arrangements could be made "as long as the schedule permits and if there is the wish," he said....
  • Mexico again says there is 'no way' it will pay for Trump wall

    01/10/2017 8:33:49 PM PST · by 2ndDivisionVet · 81 replies
    The Straits Times ^ | January 10, 2017 | Reuters
    MEXICO CITY (REUTERS) - Mexico’s new Foreign Minister Luis Videgaray said on Tuesday (Jan 10) there is no way his country will pay for the wall that US President-elect Donald Trump has pledged to build on the United States’ southern border to keep out illegal immigrants. “There’s no way that could happen,” Videgaray said on Mexican television a few days after his appointment. “There are no circumstances...not even the best possible trade deal, investments, support which would justify taking a step that would violate the dignity of Mexicans to such an extent.” The wall has been a bone of contention...
  • Two International Entrepreneurs Start under New York’s International Innovators Visa Program

    01/10/2017 1:22:52 PM PST · by 2ndDivisionVet · 3 replies
    JD Supra Business Advisor ^ | January 9, 2017 | Sean Hanagan
    Understanding the scarcity of H-1B visas, early in 2016, the New York City Economic Development Corporation (NYCEDC), in partnership with the City University of New York (CUNY), launched the International Innovators Initiative (IN2NYC) to build a pathway to help international entrepreneurs grow companies and create jobs in the United States, specifically in New York City. The program is now bearing fruit as its first two entrepreneurs are setting up their businesses within the CUNY incubator. Gabor Tankovics, a native of Hungary, will base his company, Dartboard, at LaGuardia Community College and Namisha Bahl from India will begin mentoring students at...
  • Here’s the really brilliant thing about Trump’s meeting with Alibaba’s Jack Ma

    01/10/2017 1:01:25 PM PST · by 2ndDivisionVet · 18 replies
    CNBC ^ | January 10, 2017 | Jake Novak
    President-elect Donald Trump's meeting with Alibaba founder and executive chairman Jack Ma on Monday was brilliant — but not for the obvious reason of making him look good for being part of a conversation about creating 1 million jobs. What's really smart about it is that puts China on its heels. Trump and Beijing have been engaged in a back-and-forth rattling of sabers from the minute Trump won the election. Remember that Trump took a congratulatory call from Taiwan's president and on the same day Trump met with Ma, a state-run Chinese tabloid warned that China would "take revenge" if...
  • Prediction: Goodbye Democracy, Hello Technocracy

    01/10/2017 12:39:30 PM PST · by Sean_Anthony · 3 replies
    Canada Free Press ^ | 01/10/17 | Patrick Wood
    A tectonic-level battle could soon take place over the fundamental structure of America, and hardly anyone sees it coming. Nevertheless, I am making a bold prediction for 2017. With the Democrat party seemingly in total upheaval after the 2016 Presidential election, it boggles the mind at how fast political fortunes can change these days. Democrats, liberals, leftist and progressives have arguably realized that the current system of things political has become impenetrable to them, and that they will not move forward by gaming the existing political machinery any longer.
  • Obama staffers can’t find work in Trump’s DC: ‘There are no jobs’

    01/10/2017 12:32:28 PM PST · by Mount Athos · 137 replies
    The Blaze ^ | January 10th, 2017 | Tré Goins-Phillips
    As outgoing President Barack Obama plans to head off on vacation when he vacates the White House next week, his staffers and appointees are struggling to find work in Washington, D.C. Following President-elect Donald Trump’s victory and Republicans’ major electoral gains in November, outgoing Obama employees and loyalists to failed Democratic presidential candidate Hillary Clinton have found their job prospects in the District foundering, according to Politico. “It feels like there are just thousands of us trying to find a job, and there are no jobs,” longtime Clinton aide Mira Patel, who worked for Clinton in her Senate, State Department...
  • Electric Boat to hire 2,000 to build nuclear subs

    01/10/2017 12:18:07 PM PST · by 2ndDivisionVet · 27 replies
    The Connecticut Post ^ | January 9, 2017 | Bill Cummings
    With a Navy commitment in hand to build 18 new Columbia-class nuclear submarines, Electric Boat in Groton is planning a hiring and spending spree that will be felt across the state. The company is gearing up to hire 2,000 new employees this year at its Connecticut and Rhode Island plants, with 1,350 jobs slated for Groton. Electric Boat employs about 14,500 people in Connecticut and Rhode Island, and that employment is projected to grow to 18,000 by 2030. Company President Jeffrey Geiger on Monday told business and legislative leaders during an annual update that the company will meet the Navy's...
  • Universal hiring 1,700 workers for Volcano Bay (Orlando, Florida)

    01/10/2017 12:07:33 PM PST · by 2ndDivisionVet · 13 replies
    WTSP-TV | January 10, 2017 | Staff
    Link only due to copyright issues: http://www.wtsp.com/news/local/florida/universal-hiring-1700-workers-for-volcano-bay/384779760
  • Bunge to add plant in Indiana or Ohio

    01/10/2017 11:44:16 AM PST · by 2ndDivisionVet · 12 replies
    The St. Louis Business Journal ^ | January 10, 2017 | Angela Mueller
    Bunge North American is planning to build its first new U.S. processing plant in 15 years to meet growing demand for soy products. The company is considering locations in Ohio and Indiana for the plant, which is expected to go on line by the end of 2019. No cost estimates for the project were disclosed. Tim Gallagher, executive vice president, Oilseed Value Chain for Bunge, said the company saw a need to expand its footprint in the Eastern U.S. — a key market. "A state-of-the-art facility in the Eastern Corn Belt that incorporates the latest productivity, safety and sustainability features...
  • Obama: Those darn Bernie supporters helped bring down ObamaCare

    01/10/2017 11:33:02 AM PST · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 01/10/17 | Dan Calabrese
    Blue on blue. Tell me again, who was the Illinois state legislator who once said single-payer (also known as socialized medicine) was the ultimate goal of any health care reform? I can’t quite place the name. It was someone. An awful lot of Democrats believed from the start that ObamaCare was a clusterfark, somewhat by design, and that when the financial models collapsed it would open the door for them to say, “Hey, we tried to give the private insurance market a role, but that clearly doesn’t work so the government is taking over.”
  • LG & Samsung Set to Announce Future Plants in the U.S. Due to Trump's 'Made in America' Pledge

    01/10/2017 10:44:06 AM PST · by 2ndDivisionVet · 34 replies
    Patently Apple ^ | January 9, 2017
    In November Patently Apple posted a report titled "The Chinese Seem Eager to Open Plants in the US instead of Whining like some in Silicon Valley," followed by a report in December titled "Softbank to Invest $50 Billion in the U.S. to create 50,000 new Tech Jobs and Somehow Foxconn is Included in the Deal." Today we're learning that South Korea's two largest electronics companies are considering building factories in the U.S. for the production of home appliances in view of incoming President Donald Trump's "Made in America" pledge. Several reports out of Asia today note that LG Electronics is...
  • Bernard Arnault Considers Expanding US Factories after Meeting with Trump

    01/10/2017 10:30:57 AM PST · by 2ndDivisionVet · 11 replies
    NEW YORK – French billionaire Bernard Arnault, proprietor of the luxury fashion conglomerate LVMH, announced Monday his intention to “expand” his factories in the United States following his meeting with President-elect Donald Trump. In a statement to reporters upon leaving Trump Tower, Arnault said he considers building in the near future two new textile factories in this country, “possibly” in the state of North Carolina or in Texas. The French fashion entrepreneur said his company has made Louis Vuitton products in California for more than 25 years, and due to the brand’s success, he’s going to expand the business in...
  • Massachusetts gun shop hit with $35K in fines and fees for selling Glocks

    01/10/2017 10:10:19 AM PST · by PROCON · 41 replies
    guns.com ^ | Jan. 10, 2017 | Chris Eger
    State Attorney General Maura Healey’s office and a Worcester gun dealer have settled a case that involved selling handguns that were not Massachusetts-compliant. The Gun Parlor has agreed to end sales of handguns that do not meet state-mandated safety regulations, specifically load indicators and magazine safety disconnects, and pay $10,000 in fees and costs associated with an investigation into the store while $25,000 in fines will remain outstanding and will be waived if the shop remains in compliance for two years. “In Massachusetts, we rely on gun dealers to help ensure responsible gun ownership and use by following the...
  • FRC: Libs Try to Unhinge Trump's Cabinet

    01/10/2017 7:02:44 AM PST · by KeyLargo · 5 replies
    Family Research Council ^ | January 9, 2017
    Libs Try to Unhinge Trump's Cabinet After eight years of fundamentally transforming America, most liberals aren't exactly thrilled to see it transformed back. Desperate to keep their legacy of lawlessness alive, the Left is taking the surest path to protecting their "progress:" fighting the leaders who would unravel it and return law and order to America. With the New Year came a new intensity to knock down any cabinet nominees of President-elect Donald Trump's who pose a threat to President Obama's radical gains. To their disappointment, that seems to be almost everyone. The cabinet Donald Trump is assembling has been...
  • Why rural America voted for Trump

    01/10/2017 5:40:29 AM PST · by 2ndDivisionVet · 36 replies
    El Paso Inc. ^ | January 9, 2017 | Robert Leonard, New York Times Contributor
    KNOXVILLE, Iowa – One recent morning, I sat near two young men at a coffee shop here whom I’ve known since they were little boys. Now about 18, they pushed away from the table, and one said: “Let’s go to work. Let the liberals sleep in.” The other nodded. They’re hard workers. As a kid, one washed dishes, took orders and swept the floor at a restaurant. Every summer, the other picked sweet corn by hand at dawn for a farm stand and for grocery stores, and then went to work all day on his parents’ farm. Now one is...
  • Trump Transition Brings Good News for “Gig Economy” Employers, But Dramatic Change May Be Unlikely

    01/10/2017 3:35:55 AM PST · by 2ndDivisionVet · 8 replies
    JD Supra Business Advisor ^ | January 9, 2017 | Jenny Goltz and Cozen O'Connor
    “It’s the Uber of [INSERT NAME OF SERVICE HERE],” is a phrase no doubt uttered countless times on a daily basis. From car ride services to grocery shopping, to hotel room alternatives, to personal training, to handyman services, and countless others, the so-called “gig economy” model is uniting skilled workers seeking flexibility and quick income with tech-savvy consumers who are increasingly seeking convenience and on-demand service. In many ways, these innovations have transformed the way we work and live. But as innovative tech startups have disrupted both the marketplace and traditional notions of the employer-employee relationship, regulators have struggled to...
  • Andy Griffith's hometown hopes Trump will make America great again

    01/10/2017 3:03:20 AM PST · by 2ndDivisionVet · 33 replies
    The Austin American-Statesman ^ | January 9, 2017 | Sarah Pulliam Bailey, The Washington Post
    MOUNT AIRY, N.C. — From a perch on Main Street, the hometown of actor Andy Griffith looks this day like it was plucked right out of the television show that bears his name. And it was. Residents and tourists from farflung states mill along the thoroughfare, past the quaint low-slung shops made of Mount Airy's famous white granite and named, like Floyd's City Barber Shop, for references in "The Andy Griffith Show," the folksy comedy set in the idyllic fictional small town of Mayberry that first aired in 1960. And yet even as this city of about 10,000 nestled in...
  • Martin Shkreli Banned from Twitter After Asking Writer on a Date

    01/09/2017 8:47:15 PM PST · by Tolerance Sucks Rocks · 28 replies
    MRC TV ^ | January 9, 2017 | Ashley Rae Goldenberg
    Pharmaceutical entrepreneur Martin Shkreli was banned from Twitter on Sunday for alleged “harassment” after he asked a Teen Vogue writer on a date. The “harassment” began when Shkreli sent Lauren Duca, known for her piece about President-elect Donald Trump “gaslighting America” and defending the man who harassed Ivanka Trump on a plane, a private message inviting her to the inauguration as his date. Duca responded by publicly posting his message and writing, “I would rather eat my own organs.”
  • Making the strongest material ever: 3D printing graphene at MIT

    01/09/2017 6:01:59 PM PST · by 2ndDivisionVet · 22 replies
    3D Printing Industry ^ | January 9, 2017 | Beau Jackson
    Through studying the geometry of strong structures, MIT researchers are now one step closer to 3D printing graphene. By comparison, 2D graphene is better at conducting electricity than copper wires, ten times stronger than steel, and lighter and certainly more transparent than both of them. The problem is that these properties as are all theoretical and scaling the nanomaterial has proved challenging. Furthermore, in order to compete with copper and steel, graphene has to be 3D. 3D graphene – here’s the deal The challenges of making a 3D structure out of a 2D material is that the material’s atomic structure,...
  • Cuomo: NY Can Show the Nation an Alternative to Trump

    01/09/2017 2:49:28 PM PST · by 2ndDivisionVet · 73 replies
    ABC News ^ | January 9, 2017 | David Klepper and Karen Matthews, The Associated Press
    New York state must stand as an alternative to Donald Trump, showing the nation that tolerance, progressive policies like a higher minimum wage and investments in education can create an economy that works for all, Gov. Andrew Cuomo said Monday. Without mentioning the Republican president-elect by name, Cuomo, a Democrat, said it is up to New York to find a different way to address the middle-class angst that propelled Trump to the White House. His remarks came during a state of the state address at Manhattan's World Trade Center, the first of six addresses planned for locations around the state...
  • U.S. To Sell First 8 Million Barrels From Strategic Reserves

    01/09/2017 2:09:43 PM PST · by bananaman22 · 27 replies
    Oilprice.com ^ | 09-01-2017 | ZH
    Two weeks ago we previewed that the U.S. Department of Energy could begin to sell off some of its strategic petroleum reserve (SPR) as soon as January, the beginning of a multi-year process to shrink the nation’s stockpile of oil. Congress has authorized DOE to sell off $375.4 million worth of oil in its recent budget resolution. The DOE said that such a sale could be held in January 2017. Part of the motivation to sell crude is to finance upkeep for the SPR itself. The reserves are held in salt caverns in Louisiana and Texas, setup decades ago in...
  • Obama: A Legacy Of Abject Failure

    01/09/2017 12:12:17 PM PST · by PingPongChampion · 7 replies
    Poletical.com ^ | January 2nd, 2017 | M. Menuck
    Obama took something of a victory that had been achieved in Iraq and Afghanistan and replaced it defeat born by the premature withdrawal of American troops for no other reason than a crass political desire to be done with the whole affair, and in the former's case his facilitated the rise of Islamic State, possibly the most heinous entity of the twenty first century. He stood by and did nothing as the Arab Spring destabilized the entire Middle East, and in those cases where he did act such as Libya his interventions served only to make matters worse. Iran is...
  • Fiat Chrysler pumps $1 billion, 2000 jobs, into Michigan and Ohio

    01/09/2017 11:52:14 AM PST · by Sean_Anthony · 8 replies
    Canada Free Press ^ | 01/09/17 | Robert Laurie
    Is America great again yet? It feels like, every few days since November 8th, we get another happy story about the U.S. business outlook. Whether it’s Carrier sticking around, Ford scrapping it’s Mexico plant, or SoftBank creating jobs for 50,000 Americans, it seems we’re just being inundated with good news. Now, we have some more. Fiat Chrysler will be investing a billion dollars in Michigan and Ohio, creating 2,000 jobs in the process. I’m not sure what happened on November 8th, but it sure looks like it’s working out.
  • To GOP: Repeal Obamacare and DON’T replace

    01/09/2017 9:29:21 AM PST · by Sean_Anthony · 30 replies
    Canada Free Press ^ | 01/09/17 | A. Dru Kristenev
    The catastrophe of ObamaCare was and is complete Plain and simple, the PPACA (Patient Protection and Affordable Care Act) must be repealed utterly, no replacement or residual “good idea” left to haunt us. This is stated emphatically for the following reasons and I pray that Congress, particularly the republicans, are listening to the people and not to polls purposely skewed by the misleading, malpracticing media. It doesn’t take someone who has worked in healthcare to understand the overwhelming disaster that has been ObamaCare although I’m one who has, so it behooves us to go back to the beginning… why people...