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Business/Economy (General/Chat)

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  • How Keystone XL soured the ‘special relationship’ between Stephen Harper and Barack Obama

    04/24/2014 9:26:15 PM PDT · by rickmichaels · 3 replies
    National Post ^ | April 24, 2014 | Edward Greenspon, Andrew Mayeda, Rebecca Penty and Theophilos Argitis
    On Thursday, Nov. 10, 2011, Canadian Prime Minister Stephen Harper, seated in his Ottawa office across from Parliament Hill, took an urgent call from U.S. President Barack Obama. Mr. Harper’s advisors were listening intently around a muted speakerphone in an adjoining room. The U.S. State Department, Mr. Obama said, would be making an announcement later that day putting the Keystone XL pipeline project on hold. There was no choice, according to the president. Nebraska wanted the route changed to protect a key aquifer under millions of hectares of prime farmland. This would necessitate a new environmental assessment. He assured Mr....
  • Chrysler Vans Sitting Idle As Oil Boom Robs Rail Capacity

    04/24/2014 4:33:51 PM PDT · by nascarnation · 25 replies
    The Truth About Cars ^ | 4/24/2014 | Derek Kreindler
    Several hundred Chrysler minivans are stuck indefinitely on a piece of prime Detroit real estate, unable to be transported across America. The reason? The fossil fuel boom in Canada and the United States is hogging much of the available rail capacity needed to transport the vans. Citing a report by the Associated Press, the Windsor Star reports that railway capacity – which is normally transport new vehicles – is being eaten up by deliveries of oil from both the Alberta Oil Sands and the Bakken shale formation in the United States. According to the AP, just 9,500 railway carloads of...
  • Microsoft’s third quarter earnings beat Wall Street expectations

    04/24/2014 3:04:30 PM PDT · by SeekAndFind · 8 replies
    Seattle Times ^ | 04/24/2014 | Janet I. Tu
    For its fiscal third quarter, which ended March 31, Microsoft beat analysts’ expectations. The company posted earnings per share of 68 cents on revenue of $20.40 billion. It reported $5.66 billion in profit. Analysts had expected Microsoft to report third-quarter revenue this year of about $20.38 billion, and earnings per share of 63 cents, with profit of $5.26 billion, according to a Bloomberg consensus estimate.
  • 'Double-duty' electrolyte enables new chemistry for longer-lived batteries

    04/24/2014 1:08:44 PM PDT · by Red Badger · 21 replies
    Phys.Org ^ | 04-24-2014 | Staff & Provided by Oak Ridge National Laboratory
    (Phys.org) —Researchers at the Department of Energy's Oak Ridge National Laboratory have developed a new and unconventional battery chemistry aimed at producing batteries that last longer than previously thought possible. In a study published in the Journal of the American Chemical Society, ORNL researchers challenged a long-held assumption that a battery's three main components—the positive cathode, negative anode and ion-conducting electrolyte—can play only one role in the device. The electrolyte in the team's new battery design has dual functions: it serves not only as an ion conductor but also as a cathode supplement. This cooperative chemistry, enabled by the use...
  • Summers: Economic pickup could come on unstable ground

    04/24/2014 11:11:00 AM PDT · by illiac · 2 replies
    MarketWatch ^ | 4/24/14 | Greg Robb
    The former Treasury secretary for President Bill Clinton and the head of the National Economic Council under President Barack Obama says it’s not out of the realm of possibility that the economy could accelerate — but the acceleration could come on unstable footing. In an interview with MarketWatch, the Harvard University professor, a former president of that university, talks about where possible bubbles could emerge, as well as his thoughts on Thomas Piketty, the author who has taken the financial world by storm.
  • Toshiba launches 15nm memory process

    04/24/2014 11:08:29 AM PDT · by Ernest_at_the_Beach · 6 replies
    fudzilla.com ^ | Thursday, 24 April 2014 10:45 | Nick Farrell
    Flash will save everyone of us Toshiba has launched of its 15nm process technology at least for 2-bit-per-cell 128 gigabit (16 gigabytes) NAND Flash memory. The technology will kill off second generation 19nm process technology and full production with the new technology next week at Toshiba's Fab 5 in Yokkaichi.Chips based on the new processing technology will have better peripheral circuitry technology. They will have the write speed as chips formed with 19nm process technology, but boost the data transfer rate to 533 megabits per second which is 1.3 times faster, particularly if it is going downhill with the wind behind...
  • John Stewart takes on Sean Hannity..and wins!?

    04/24/2014 9:21:43 AM PDT · by Paul46360 · 55 replies
    The Week ^ | 4-24-14
    "This brewing spat started on Monday night, when Stewart mocked Hannity for supporting Nevada cattle rancher Cliven Bundy in his battle against the federal BLM. Hannity hit back on Tuesday night. On Wednesday's show, Stewart walked through Hannity's criticisms and showed why the Fox News star is tossing his verbal stones from a glass house."
  • Reading Into the Red Hat CentOS Deal

    04/24/2014 8:29:53 AM PDT · by ShadowAce · 7 replies
    Linux Insider ^ | 23 April 2014 | Jay Lyman
    Red Hat has proven many times that it can acquire and oversee open source projects without tainting them with commercial efforts or otherwise fouling them up. I expect most CentOS users, like the project itself, stand to gain from wearing Red Hat. As for Red Hat, joining with CentOS represents a net win in terms of growing community, ecosystem and paying customers. There was a somewhat quiet, cost-free acquisition of sorts in the Linux world earlier this year when Red Hat announced it was joining forces with Red Hat Enterprise Linux community clone CentOS. The move, which effectively brings organization,...
  • If a Bubble Bursts in Palo Alto, Does It Make a Sound?

    04/24/2014 6:53:21 AM PDT · by SeekAndFind · 3 replies
    New York Times ^ | 04/24/2014 | Annie Lowrey
    This year, Facebook purchased the mobile-messaging application WhatsApp for $19 billion, or about $350 million per employee and $40 per user, only some of whom even pay the $1 annual fee for the advertisement-free platform. But what was perhaps most remarkable about Facebook’s acquisition of WhatsApp was that the start-up was making any money in the first place. In recent years, Facebook has shelled out 10-figure sums for Instagram and the virtual-reality headset maker Oculus V.R., both of which had scant or no revenue. Ditto for the safe-sexting-enabler Snapchat, which reportedly turned down a $3 billion offer from Mark Zuckerberg....
  • FDA proposes extending its oversight of tobacco

    04/23/2014 10:06:37 PM PDT · by Olog-hai · 8 replies
    Associated Press ^ | Apr 24, 2014 12:34 AM EDT | Michael Felberbaum
    The federal government wants to extend its oversight of tobacco to include cigars, hookah, nicotine gels, pipe tobacco and dissolvable tobacco products. The Food and Drug Administration proposal being issued Thursday would ban sales to minors and require approval for new products and health warning labels. …
  • JetBlue pilots vote to join union; shares fall

    04/23/2014 8:24:09 PM PDT · by Olog-hai · 7 replies
    Reuters ^ | Tue Apr 22, 2014 5:51pm EDT | Alwyn Scott and Karen Jacobs
    JetBlue Airways Corp pilots voted by a wide margin on Tuesday to join the Air Line Pilots Association union, sending the budget carrier’s stock price down on concerns the move would raise the airline’s costs. About 71 percent of the pilots eligible to vote in the month-long election backed ALPA. JetBlue has about 2,600 pilots and 96 percent were eligible to vote. […] JetBlue warned earlier this year costs would rise largely because of an agreement reached with pilots to raise base pay rates by 20 percent. JetBlue said that increase was expected to add $145 million to its costs...
  • Grounding A-10s will save $4.2 billion, decision ‘clear’: USAF general

    04/23/2014 6:29:07 PM PDT · by Yo-Yo · 54 replies
    Flight Global ^ | 4/23/14 | Jon Hemmerdinger
    For months, US Air Force officials have used the adjective “hard” to describe their decision to ground entire fleets of aircraft in response to budget cuts. But on 23 April, USAF chief of staff Gen Mark Welsh says a review of the service’s options showed “very clearly” that grounding its Fairchild Republic A-10s is the right choice. Speaking at a National Press Club event in Washington, DC, Welsh says the service evaluated a number of cost-cutting options against a “very detailed operational analyses” before making decisions. “We came very clearly to the conclusion that of all those horrible options, the...
  • The Most Important Cities In The World

    04/23/2014 5:22:08 PM PDT · by SeekAndFind · 21 replies
    Business Insider ^ | 04/22/2014 | JULIE ZEVELOFF
    London is the most important city in the world for the rich, according to the latest Wealth Report from real estate consulting firm Knight Frank. But it won't hold onto its title for long. According to the report, New York is set to overtake London as the top city for the wealthy in the next decade. And Asian cities like Singapore, Hong Kong, and Shanghai will also become more important over the next 10 years. Knight Frank determined its eighth-annual "global cities" ranking based on four factors: economic activity, political power, quality of life, and influence and power
  • 18 Stats That Prove That Government Dependence Has Reached Epidemic Levels

    04/23/2014 4:32:46 PM PDT · by harpu · 10 replies
    www.conservativeactionalerts.com ^ | 4/23/14 | Michael Snyder
    Did you know that the number of Americans getting benefits from the federal government each month exceeds the number of full-time workers in the private sector by more than 60 million? In other words, the number of people that are taking money out of the system is far greater than the number of people that are putting money into the system. And did you know that nearly 70 percent of all of the money that the federal government spends goes toward entitlement and welfare programs? When it comes to the transfer of wealth, nobody does it on a grander scale...
  • Dave Says: Forget the Kid’s College Fund; Save for Retirement First

    04/23/2014 2:28:15 PM PDT · by Kaslin · 9 replies
    Townhall.com ^ | April 23, 2014 | Dave Ramsey
    I noticed that your Baby Steps list puts saving for retirement before saving for your kid’s college fund. Sending your kids to college would come first on the timeline, so what is your reasoning behind this?Jen Dear Jen, I advise this approach because everyone is going to retire someday, unless, of course, they happen to die before reaching retirement age. Retiring and eating are necessities. College is a luxury. Lots of people succeed in life without going to college, and thousands have worked their way through college. I worked 40 to 60 hours a week in college, and I still...
  • Apple smashes Street with revenue of $45.65 billion in Q214

    04/23/2014 2:16:12 PM PDT · by Swordmaker · 46 replies
    MacDailyNews ^ | Wednesday, April 23, 2014 · 4:33 pm
    Apple today announced financial results for its fiscal 2014 second quarter ended March 29, 2014. The Company posted quarterly revenue of $45.6 billion and quarterly net profit of $10.2 billion, or $11.62 per diluted share. These results compare to revenue of $43.6 billion and net profit of $9.5 billion, or $10.09 per diluted share, in the year-ago quarter. Gross margin was 39.3% compared to 37.5% in the year-ago quarter. International sales accounted for 66% of the quarter’s revenue. “We’re very proud of our quarterly results, especially our strong iPhone sales and record revenue from services,” said Tim Cook, Apple’s CEO,...
  • Ovation guitar factory in Connecticut is closing

    04/23/2014 1:02:02 PM PDT · by Olog-hai · 64 replies
    Associated Press ^ | Apr 23, 2014 1:47 PM EDT | Dave Collins
    An Ovation guitar factory in the western Connecticut hills that produced instruments for music legends from Paul Simon to Cat Stevens to Glen Campbell will be closing in June after 47 years and production of the Ovation line in the United States will stop, the manufacturer’s parent company told the shop’s 46 workers this week. One former factory worker called it “the end of an iconic American brand.” Fender Musical Instruments Corp., based in Scottsdale, Ariz., and maker of the iconic Stratocaster electric guitar, said in an announcement Tuesday that it was ceasing domestic production of Ovation guitars and closing...
  • (New York) City public school kids may get free lunch in proposed budget

    04/23/2014 11:25:15 AM PDT · by Olog-hai · 20 replies
    New York Daily News ^ | Wednesday, April 23, 2014, 2:30 AM | Erin Durkin
    The City Council’s proposed budget to be unveiled Wednesday will push for two big priorities: free lunch for all public school kids and 1,000 new cops. The Council is asking for $24 million to provide lunches regardless of how much money kids’ families make. They’re also seeking $94 million to boost the police force to more than 36,400 cops, among other changes proposed to Mayor de Blasio’s budget. …
  • New Migraine Drugs Bring Relief To Sufferers With Pain Prevention, Not Just Treatment

    04/23/2014 10:58:16 AM PDT · by Red Badger · 19 replies
    www.medicaldaily.com ^ | Apr 22, 2014 04:00 PM EDT | By Dana Dovey
    For those who suffer from migraines, you know that they can often be debilitating. A day with a migraine is one spent hoarded up in a room, shades drawn, eyes shut tight, wishing for sleep to provide relief from the pain. Two new drug studies are changing the way that a medicine looks at treating migraines. Rather than working to stop the migraine once it has started, these drugs are aimed at preventing the migraine from occurring in the first place. Although both drugs need more studies conducted before their effectiveness can be confirmed, so far the results look promising....
  • Here's A Way Out for College Kids

    04/23/2014 8:11:55 AM PDT · by SeekAndFind · 7 replies
    Townhall ^ | 04/23/2014 | Zachary Gappa
    American education is in trouble—that much seems to be a given. Our public schools and colleges are getting poor results, our young people are drowning in debt, new graduates can't find jobs, and our overall rankings in the world are pretty dismal. We are greatly in need of a transformation, but we need to think big, because the problem is huge. In 2012, the Organization for Economic Cooperation and Development tested 15-year-olds in 64 countries in math, science, and reading. Out of 64 countries, the U.S. Scored 23rd in science, 20th in reading, and 29th in math. Not only is...
  • Abortion Clinic Coupons: Save $15 Killing Your Baby by Liking Their Facebook Page

    04/23/2014 7:49:20 AM PDT · by Morgana · 5 replies
    LIFE NEWS ^ | Carole Novielli
    This is the world we live in where abortion clinics discount the killing of children with online coupons: A-Z abortion clinic kills babies to 18.6 weeks in Nevada
  • Australia transport safety chief tells what's next in MH370 search

    04/23/2014 5:52:18 AM PDT · by Uncle Chip · 20 replies
    CNN ^ | April 22, 2014 | David Molko
    Australian officials are hammering out a new agreement put forward by the Malaysian government that will set out critical guidelines in the search for the missing Malaysia Airlines plane. The proposed framework details how Australia will continue to lead search efforts for Flight 370 and governs how parts of the investigation will play out over the coming weeks and months under various scenarios, including if and when components of the aircraft are found. The proposal addresses three main points, said Martin Dolan, chief commissioner of the Australian Transport Safety Bureau: • Handling of debris: The framework outlines the chain of...
  • EPA scales back biofuel mandate to reflect reality

    04/23/2014 3:45:26 AM PDT · by Olog-hai · 6 replies
    Associated Press ^ | Apr 22, 2014 5:48 PM EDT | Dina Cappiello
    The Obama administration is significantly reducing the amount of cellulosic biofuels refiners will have to prove they blended into gasoline last year, acknowledging that the market lagged far behind government projections.The EPA on Tuesday said it was basing its 2013 standard on the 810,185 ethanol-equivalent gallons produced with nonfood plants last year. …
  • Al Gore's youngest daughter Sarah, 35, gets remarried under an old pine tree

    04/23/2014 2:56:10 AM PDT · by afraidfortherepublic · 58 replies
    The Daily Mail Online ^ | 4-23-14 | Meghan Keneally
    Al Gore's youngest daughter has gotten remarried under a historic tree in Santa Monica. Sarah Gore has a very casual outdoor service on Sunday morning outside a coffee shop with her famous father walking across a patch of grass that served as the makeshift aisle. Wearing a loose, off-white lace dress with bell sleeves, Sarah made her way towards her groom, realtor Patrick Maiani, who was waiting for her beside the outline of a heart in the shape of rose petals. The brief service was officiated by a female religious leader and attended by about a dozen invited guests. The...
  • Supreme Court Justices Grill Coca-Cola Over Scarcity Of Pomegranates In Pomegranate Juice

    04/23/2014 1:35:57 AM PDT · by SMGFan · 19 replies
    Consumerist ^ | April 22, 2014
    As the top judicial body in the land, the United States Supreme Court has asked some pretty tough questions in its day. But yesterday the justices had a question for Coca-Cola that doesn’t seem like it should be so tricky: Shouldn’t a juice labeled as “pomegranate and blueberry” actually include a fair amount of, um, pomegranates? And blueberries? To make the whole thing a bit weird(er), the issue of a Minute Maid Juice product sold as a “Pomegranate Blueberry Flavored Blend of 5 Juices” came up after POM Wonderful sued Coca-Cola, claiming that label is misleading and could hurt sales...
  • Decline of the traditional family doctor revealed

    04/23/2014 1:19:40 AM PDT · by Olog-hai · 2 replies
    Daily Telegraph (UK) ^ | 10:00PM BST 21 Apr 2014 | Matthew Holehouse
    England could lose the traditional family doctor, medics have warned, as new figures lay bare the steep decline in small GP practices. Patients, particularly in rural areas, are traveling further and receiving a less personal service after the disappearance of hundreds of small GP practices over the past decade. Under the last government, polyclinics—or super GP surgeries—with specialist doctors working on one site were seen as the future of the NHS. Single-doctor clinics have becoming increasingly rare as GPs try to save money on premises and administrative staff. …
  • Thousands die of thirst and poor care in NHS (UK)

    04/23/2014 1:13:14 AM PDT · by Olog-hai · 10 replies
    Daily Telegraph (UK) ^ | 6:35AM BST 22 Apr 2014 | Padraic Flanagan and Laura Donnelly
    At least 1,000 hospital patients are dying needlessly each month from dehydration and poor care by doctors and nurses, according to a NHS study. The deaths from acute kidney injury could be prevented by simple steps such as nurses ensuring patients have enough to drink and doctors reviewing their medication, the researchers say. Between 15,000 and 40,000 patients die annually because hospital staff fail to diagnose the treatable kidney problem, a figure that dwarfs the death toll from superbugs like MRSA. The report comes less than a year after the NHS watchdog NICE was forced to issue guidelines on giving...
  • Apple releases OS X Security Update for Mavericks, Mountain Lion, and Lion

    04/23/2014 12:04:51 AM PDT · by Swordmaker · 15 replies
    MacDailyNews ^ | Tuesday, April 22, 2014 · 6:32 pm
    “Alongside iOS 7.1.1, Apple today released Security Update 2014–002 for Mavericks, Mountain Lion, and Lion users,” Juli Clover reports for MacRumors. “The update includes fixes for several operating system vulnerabilities, detailed on Apple’s support page.” Clover reports, “Apple recommends that all users download the update, which can be acquired via the Software Update tool in the Mac App Store [or as standalone installers].”
  • Brain implants could boost work—and pay

    04/22/2014 11:38:00 PM PDT · by Olog-hai · 19 replies
    Daily Telegraph (UK) ^ | 8:38AM BST 22 Apr 2014 | (Telegraph Staff)
    Humans who opt to have technological implants will become society’s biggest earners and the average working week could rise by a third to 50.5 hours, according to futurologists. Thirty years from now it may be necessary for human workers to receive implants providing “additional processing power for our brains”, they claimed. …
  • Toyota sells 2.58 million vehicles, outselling GM

    04/22/2014 11:13:20 PM PDT · by Olog-hai · 14 replies
    Associated Press ^ | Apr 23, 2014 1:24 AM EDT
    … Toyota Motor Corp. said Wednesday that it sold 2.583 million vehicles in the January-March period, ahead of Detroit-based GM at 2.42 million and Volkswagen of Germany at 2.4 million. The Japanese automaker’s first quarter sales rose by more than 6 percent from the same period the previous year. GM’s sales grew 2 percent, while Volkswagen’s added nearly 6 percent. …
  • A Top Hospital Opens Up to Chinese Herbs as Medicines

    04/22/2014 4:08:37 PM PDT · by nickcarraway · 19 replies
    Christina Lunka appeared nervous and excited as she sat in the Chinese herbal therapy center recently opened by the Cleveland Clinic. The 49-year-old had been to many doctors seeking help for ongoing issues that included joint pain and digestive problems. Now the Kirtland, Ohio, resident was hoping to find relief through herbal remedies. Evidence Is Lacking That Herbs Are Effective"Do you have something for inflammation?" Ms. Lunka asked herbalist Galina Roofener during a one-hour consultation. "Absolutely," responded Ms. Roofener. "This is for pain, for digestion, for inflammation, all of the above," she said, handing Ms. Lunka a bottle with capsules...
  • Is the Highway Trust Fund About to Hit a Dead End?

    04/22/2014 2:42:16 PM PDT · by ThethoughtsofGreg · 21 replies
    American Legislator ^ | 4-18-14 | Steven Johnson
    The Department of Transportation (DOT) released a report this past Tuesday showing that the Highway Trust Fund will run out of money by this August. The fund is the primary way by which the government maintains our roads and highways. While the fund received a $9.7 billion dollar infusion from the General Fund just after the start of this fiscal year, the fund’s outlays continue to outpace receipts and it will soon be in the red. To be sure, part of the reason for this is that transportation infrastructure costs are on the rise. As the highways built in the...
  • Cities Where Americans Don’t Feel Safe

    04/22/2014 12:17:29 PM PDT · by SeekAndFind · 52 replies
    Wall Street 24X7 ^ | 04/22/2014 | By Alexander E.M. Hess, Thomas C. Frohlich and Vince Calio
    According to Gallup, 70.5% of Americans surveyed in 2012 and 2013 said they felt safe walking alone at night. This is effectively unchanged from 2011, when 71% of respondents said they felt safe. In a number of metro areas, however, far fewer residents felt safe at night. In McAllen, Texas, where Americans were least likely to feel safe, less than half of all respondents were comfortable outside of their homes after dark. Based on data gathered by the Gallup-Healthways Well-Being Index, these are the 10 cities where Americans felt the least safe.Seven of the 10 metro areas in which residents...
  • Want To Become A Billionaire? Just Solve One Of These 10 Problems

    04/22/2014 8:58:51 AM PDT · by SeekAndFind · 65 replies
    Business Insider ^ | 04/22/2014 | Rob Wile
    We recently gave you a list of 25 trends that would be making people billions. Most of the phenomena will end up benefiting everyone.But if you fancied yourself as someone who could be turned into a billionaire, you were arguably cheating — these were things everyone has already figured out.The real challenge, and the greater value and more lucrative pursuit, would be to come up with the solutions to problems that have befuddled engineers for decades or more.We thought of 10 of them:1. Wireless Power Digital devices have become so small that it can be cumbersome to plug them into a...
  • TV Networks Are So Scared About This App, They're Taking It All The Way To The Supreme Court

    04/22/2014 8:55:23 AM PDT · by SeekAndFind · 22 replies
    Business Insider ^ | 04/22/2014 | Steve Kovach
    Aereo, a service that lets you stream live broadcast networks like NBC, CBS, and ABC, is the focus of a big Supreme Court case today that could determine the future of TV.The networks are suing Aereo, claiming it violates copyright laws. If the networks win the case, Aereo will likely have to shut down.What is Aereo and how does it work? The company assigns each subscriber an antenna that can access programming broadcast for free over the air.The antennas look like this. They're stored in Aereo's server centers in the local markets Aereo serves: APAereo then streams that content to your...
  • The 15 Strangest Cat Laws

    04/22/2014 6:42:23 AM PDT · by afraidfortherepublic · 21 replies
    Cat News ^ | 8-29-13 | Conradukp
    We write articles all too often about things like animal cruelty and the mistreatment of cats. Clearly there are a lot of us out there that think cat laws in this country (and others) should be way more strict when it comes to their treatment. However, there are some laws out there that we’re not quite sure how became legal. They just seem so strange. Then again, states have the right to pass their own legislation so it is what it is. But trust us when we say these cat laws are super weird! Thanks to Bandofcats, Mustlovecats, and a...
  • USDA establishes rural business investment program

    04/22/2014 12:00:04 AM PDT · by Olog-hai · 12 replies
    Associated Press ^ | Apr 21, 2014 5:57 PM EDT | David Pitt
    The U.S. Department of Agriculture announced Monday a new $150 million program designed to provide investment capital to help small agriculture-related business in rural areas with cash needed to expand. […] The USDA traditionally has offered guaranteed loans or direct loans for rural businesses. The creation of the Rural Business Investment Company is a new way for USDA to establish a licensing procedure that makes Farm Credit bank funds available as investment capital. The banks cannot directly hold ownership stakes in companies through capital investment. Under the new program the government has created a new business entity, the Rural Business...
  • How to crack the Costco code that shopping sites are buzzing about

    04/21/2014 7:21:31 PM PDT · by rickmichaels · 21 replies
    Financial Post ^ | APRIL 21, 2014 | Lou Carlozo
    NEW YORK — As superstore pricing mysteries go, it’s not the equivalent of “The Da Vinci Code,” but there’s still something deliciously elusive about the so-called “Costco Code” that has set the tongues of shopping mavens wagging for the past several months. At least the plot line is direct enough: If you can interpret what the various sequences of digits and asterisks mean on Costco Wholesale Club price signs, you’re on your way to scoring serious bargains. Here’s how it works, according to Costco shoppers spreading the word online: If a price at Costco ends in .99, you’re paying full...
  • Pilot Mistakes Saudi City for Another?

    04/21/2014 2:59:13 PM PDT · by nickcarraway · 23 replies
    Emirates 24/7 ^ | Monday, April 14, 2014
    Hundreds of Pakistani passengers travelling from Karachi to the Saudi capital Riyadh got the shock of their life when their aircraft landed and found themselves in Jeddah. The pilot of flight 731 operated by the Pakistani International Airlines appeared to have mistaken the Western Red Sea town of Jeddah for the Saudi capital when he landed in King Abdul Aziz Airport, the Saudi press said, quoting Pakistani newspapers. The carrier had to rent buses to transport the passengers hundreds of miles from Jeddah to Riyadh, the report said. “Airline officials did not explain the reason for such a mistake while...
  • Retail Store Closures Soar In 2014: At Highest Pace Since Lehman Collapse

    04/21/2014 2:52:51 PM PDT · by SeekAndFind · 27 replies
    Zero Hedge ^ | 04/21/2014 | Tyler Durden
    What a better way to celebrate the rigged markets that are telegraphing a "durable" recovery, than with a Credit Suisse report showing, beyond a reasonable doubt, that when it comes to traditional bricks and mortar retailers, who have now closed more stores, or over 2,400 units, so far in 2014 and well double the total amount of storefront closures in 2013, this year has been the worst year for conventional discretionary spending since the start of the great financial crisis!From Credit Suisse's Michael Exstein Since the start of 2014, retailers have announced the closure of more than 2,400 units,...
  • "It's Impossible To Work Your Way Through College Nowadays"

    04/21/2014 2:50:29 PM PDT · by SeekAndFind · 30 replies
    Zero Hedge ^ | 04/21/2014 | Tyler Durden
    "It's impossible to work your way through college nowadays"...is the hard-to-swallow (but not entirely surprising) conclusion of Randal Olson's research into just how extreme national tuition costs have become in the US. As The Atlantic notes, the economic cards are stacked such that today’s average college student, without support from financial aid and family resources, would need to complete at least 48 hours of minimum-wage work a week to pay for his courses. To better measure the cost of tuition, Olson links to a Reddit discussion of cost per "credit hours" - MSU calculates tuition by the "credit hour," the...
  • Here's How Much Money Doctors in America Actually Make

    04/21/2014 1:25:04 PM PDT · by SeekAndFind · 51 replies
    Business Insider ^ | 04/21/2014 | LAUREN F FRIEDMAN
    Medscape, a subsidiary of the medical information website WebMD, has released its 2014 Physician Compensation Report. The data in the report come from more than 24,000 doctors in 25 specialties, who responded to Medscape's annual survey with information on their compensation for 2013.The infographic below shows the average earnings for each surveyed specialty. Orthopedists were the highest earners: In an explanation of their findings, Medscape notes that: "As in the past, those who perform procedures have the highest incomes compared with those who manage chronic illnesses." Some primary care practices saw a slight increase in earnings, "which could reflect early...
  • Five Red Flags That Scream 'Don't Take This Job!'

    04/21/2014 11:49:09 AM PDT · by SeekAndFind · 57 replies
    Forbes ^ | 04/21/2014 | Liz Ryan
    You can find tons of advice about how to get a job interview and how to snag a job. Most of it comes from the “Do whatever you have to do to get hired!” school of thought. The job market isn’t a job-seeker’s paradise, but it isn’t bad considering what it was like just a year or two ago. If you’re willing to step outside the velvet ropes and try something new in your job search, you can get the interview, and get the job. When you’ve been through a job-search drought for months and haven’t had much or any...
  • American Exceptionalism, Refrigerated Eggs

    04/21/2014 10:58:30 AM PDT · by not2be4gotten.com · 59 replies
    Vanity
    I have noticed in the last few years of my travels, from London to Mexico City, that only the USA refrigerates its eggs for sale. Is this true? Is there any other country that refrigerates its eggs? If not, then why do we refrigerate our eggs?
  • Boys turning to action-packed video games because books are ‘too girly’ for them, says…

    04/21/2014 8:01:40 AM PDT · by Olog-hai · 93 replies
    Mail on Sunday (UK) ^ | 19:32 EST, 20 April 2014 | Andrew Levy
    Boys are being put off reading because of the influence women have on children’s literature, says an award-winning children’s author. Jonathan Emmett warned that children’s books were too girly because of the influence of mostly female panels of editors, publishers, reviewers and judges. One publishing company’s research suggested women bought 95 percent of picture books for children, he added. The writer believes boys are being starved of what they enjoy in books, such as swashbuckling pirates, battles, or technical details about spaceships, and so are driven to more action-packed video games instead. …
  • The "New" SATs (Summed Up In One Cartoon)

    04/21/2014 7:10:54 AM PDT · by SeekAndFind · 9 replies
    Zero Hedge ^ | 04/20/2014 | Tyler Durden
    Presented with no snark or ironic comment whatsoever...
  • Rise of the robots: Humans will compete with droids for jobs by 2040, study claims

    04/21/2014 6:35:44 AM PDT · by C19fan · 27 replies
    UK Daily Mail ^ | April 21, 2014 | Ellie Zolfagharifard
    By 2040, cabs will be driven by Google robots, shops will become showrooms for online outlets and call centres will be staffed by intelligent droids. That’s the scenario depicted in recent research which suggests robots could be taking over our lives and jobs in less than 30 years. The competition for work caused by a rise in the robots population will see us heading to surgeons for ‘additional processing power for our brains’, they claim. We may also be requesting bionic implants for our hands that will make us able to perform tasks as fast as any machine.
  • Get Ready for Powdered Alcohol to Hit Liquor Stores This Fall

    04/21/2014 3:18:24 AM PDT · by markomalley · 32 replies
    Mediaite ^ | 4/20/2014 | Josh Feldman
    Powdered. Alcohol. Putting aside whether you think it sounds like a good idea, does it not seem like an intriguing concept? Well, Palcohol has officially been approved by the U.S. Alcohol and Tobacco Tax and Trade Bureau, so expect this alcoholic version of the Kool-Aid powder to be in liquor stores soon enough!Here’s the pitch for Palcohol on its website: “Wouldn’t it be great to have alcohol in powder form so all one had to do is add water? Since powder is light and compact, it wouldn’t be a burden to carry.”They expect to be selling it starting this fall,...
  • Hollywood plays to the faithful, finds hits with God

    04/20/2014 5:32:35 PM PDT · by SeekAndFind · 14 replies
    Reuters ^ | 04/20/2014 | Ronald Grover and Chris Michaud
    (Reuters) - Hollywood has embraced God in a big - and lucrative - way. The movie "Heaven is for Real," which depicts the story of a young boy who claims to have visited heaven during a near death experience, is the fourth faith-based film this year to stir movie-going audiences with impressive box office numbers. Made for $12 million, the film, which stars Greg Kinnear, collected $21.5 million over the Easter weekend in U.S. and Canadian theaters, finishing third at the box office behind bigger budget films "Captain America: The Winter Soldier" from Walt Disney and "Rio 2" from Fox....
  • Johnny Depp Bombs in “Transcendence” with Shocking $11.5 Mil weekend

    04/20/2014 4:29:44 PM PDT · by SMGFan · 54 replies
    Showbiz 411 ^ | April 19, 2014
    Johnny Depp’s “Transcendence” bombed last night as expected, taking in just $11.5 million. That’s a disaster for a $150 million movie. This is Depp’s second major flop at the box office, following the catastrophic “Lone Ranger.” And now this poses an important question: can Depp open a movie that isn’t “Pirates of the Caribbean”? The answer is No. He’s made zillions from the Disney adventure movies.