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Business/Economy (General/Chat)

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  • Locals Renting Rooms for Comic Con

    07/23/2014 12:02:18 AM PDT · by nickcarraway · 11 replies
    NBC San Diego ^ | Tuesday, Jul 22, 2014
    Once a year rental marketIt is that time of year when San Diegans open their homes to strangers. People across the county rent rooms, apartments, condos and houses to visitors of Comic-Con. It is the largest convention in San Diego, and places to stay are hard to find and expensive -- leaving the door open the locals who want to make some extra money renting out space for the convention. But there can be complications. Besides the fact that you are opening your door to complete strangers, many rental contracts and Condo Association rules ban renting out your property. Regardless,...
  • MacDailyNews presents live notes from Apple’s Q314 Conference Call

    07/22/2014 8:59:04 PM PDT · by Swordmaker · 8 replies
    MacDailyNews ^ | July 22, 2014 | MacDailyNews Staff
    MacDailyNews presents live notes from Apple’s Q314 Conference Call with analysts starting at 5pm EDT/2pm PDT today. For its fiscal 2014 third quarter ended June 28, 2014, Apple today announced Q314 financial results with quarterly revenue of $37.4 billion (vs. $35.3 billion YOY) and quarterly net profit of $7.7 billion (vs. $6.9 billion YOY), or $1.07 per diluted share.“Our record June quarter revenue was fueled by strong sales of iPhone and Mac and the continued growth of revenue from the Apple ecosystem, driving our highest EPS growth rate in seven quarters,” said Tim Cook, Apple’s CEO, in a statement. “We...
  • Stock Market Crash… Economic Collapse

    07/22/2014 7:24:08 PM PDT · by Signalman · 35 replies
    economyandmarkets.com ^ | 7/21/2014 | Harry Dent
    You can’t deny an economic collapse. We are about to see the greatest stock crash of our lifetimes I recently read a good article in Barron’s by Randall W. Forsyth called “Deus ex Machina 2.0: Is the Fed Trying to Take Human Nature Out of the Credit Cycle?” It was particularly interesting in light of the Bank for International Settlements’ warning that central banks are stoking financial bubbles that will burst, creating an even larger financial crisis… and that they should reverse their endless stimulus policies sooner rather than later. Music to my ears: Were they singing my song or...
  • Caught speeding in Alaskan hometown, Sarah Palin answers: ‘I wasn’t speeding, I was qualifying’

    07/22/2014 6:59:58 PM PDT · by Cringing Negativism Network · 61 replies
    Jacksonville.com ^ | July 22, 2014 - 7:15pm | The Times-Union
    TMZ first reported the incident and she told them "I wasn't speeding, I was qualifying," according to the website.... Read more at Jacksonville.com: http://jacksonville.com/news/2014-07-22/story/caught-speeding-alaskan-hometown-sarah-palin-answers-i-wasn-t-speeding-i-was#ixzz38Fjr2xDT
  • Dan Borislow, magicJack Inventor, Dies at 52

    07/22/2014 4:42:43 PM PDT · by ConservativeStatement · 18 replies
    Associated Press ^ | Jul 22, 2014
    Dan Borislow, the inventor of magicJack and a pioneer in developing phone calls over the Internet, died Monday, officials at the company he founded said. He was 52. A spokeswoman for MagicJack Vocaltec Ltd., said he died of a heart attack. In a statement, MagicJack CEO Gerald Vento praised Borislow as a visionary.
  • GCC 'Millionaire' Caught Begging in Saudi Arabia

    07/22/2014 4:38:20 PM PDT · by nickcarraway · 6 replies
    Emirates 24/7 ^ | Tuesday, July 22, 2014
    Police found bank deposits receipts worth Dh1.2m and expensive four-wheel car with himSaudi police arrested an Arab man for begging although he had in excess of SR1.2 million (Dh1.2 million) and an expensive four-wheel vehicle. Police said the unnamed man, a resident of a nearby Gulf country, is visiting the Gulf kingdom on a tourist visa with his wife and three children, adding that he was found to be staying in a luxury furnished apartment in the Western Saudi port of Yanbu. “We found large sums of cash with him and receipts for bank deposits…he had a total of more...
  • Circuits Split on Availability of ACA Exchange Subsidies

    07/22/2014 2:48:58 PM PDT · by ThethoughtsofGreg · 2 replies
    American Legislator ^ | 7-22-14 | Sean Riley
    This morning, a three-judge panel from the U.S. Court of Appeals for the D.C. Circuit invalidated a 2012 IRS rule allowing tax subsidies in federal insurance exchanges under the Affordable Care Act. Within hours, a three-judge panel from the U.S. Court of Appeals for the Fourth Circuit issued a contrary ruling in a similar, but separate, case, allowing exchange subsidies in both state-based and federal exchanges. Though both decisions are still subject to further review and will have no immediate impact, such “circuit splits” are often considered strong evidence that a case will ultimately end up before the U.S. Supreme...
  • Low Irish taxes boost Airbnb profits (but EUSSR wants Ireland to raise them)

    07/22/2014 2:19:25 PM PDT · by Olog-hai · 5 replies
    EurActiv ^ | 22/07/2014 - 15:55 | Cécile Barbière
    The peer-to-peer property renting website, artAirbnb, makes it possible for people in crisis-stricken states to earn extra money, but the company itself has placed its headquarters in places like Ireland, Jersey and Delaware to avoid paying tax. EurActiv France reports. […] In late March 2014, the website announced that one million French holidaymakers used Airbnb since it launched in 2008, the same number as in the UK. In Spain, one million tourists used the website to rent property. The French Ministry of Finances has condemned this kind of revenue. “France has nothing to gain from developing this kind of renting…...
  • AMTRAK Sucks

    07/22/2014 11:23:07 AM PDT · by Paul46360 · 63 replies
    7-22-14 | Me
    On 21July2014 Amtrak Wolverine was due to arrive in New Buffalo Michigan at 8:10pm from Chicago. But it was over 2 hours late. When my wife FINALLY talked with a REAL person she was told that AMTRAK's own dispatch center could NOTcontact the train and to call back in 10 min for update!!!!!!!!
  • Apple to suppliers: Gear up for the next iPhone [Larger Screens!]

    07/22/2014 10:22:59 AM PDT · by Red Badger · 51 replies
    www.marketwatch.com ^ | July 21, 2014, 8:51 p.m. EDT | By Lorraine Luk
    Apple Inc. is preparing for its largest initial production run of iPhones, betting that larger-screen models will lure consumers now attracted to similar phones from Samsung Electronics Co. and others. The Cupertino, Calif., company is asking suppliers to manufacture between 70 million and 80 million units combined of two large-screen iPhones with 4.7-inch and 5.5-inch displays by Dec. 30, according to people familiar with the matter. Its forecast for what is commonly called the iPhone 6 is significantly larger than the initial order last year of between 50 million and 60 million versions of the iPhone 5S and 5C--which had...
  • California firm issues nationwide fruit recall

    07/22/2014 8:03:27 AM PDT · by Olog-hai · 14 replies
    Associated Press ^ | Jul 22, 2014 9:07 AM EDT
    A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concerns of possible listeria contamination. Wawona Packing says on its website that no illnesses have been reported and the recall is a precautionary measure. …
  • Ben Carson Wins Western Conservative Straw Poll (Cruz, Palin, #2 and #3)

    07/22/2014 6:52:39 AM PDT · by Cringing Negativism Network · 18 replies
    Newsmax ^ | 7/21/2014 | Melissa Clyne
    Ben Carson was the top vote-getter in a 2016 presidential straw poll at the weekend’s Western Conservative Summit in Denver, The Denver Post reported. Read Latest Breaking News from Newsmax.com http://www.newsmax.com/Politics/Carson-2016-straw-poll/2014/07/21/id/583821#ixzz38CmSgI00 Urgent: Should Obamacare Be Repealed? Vote Here Now!
  • World’s 2nd Richest Man Calls for 3-Day Work Week, Longer Hours

    07/22/2014 6:49:21 AM PDT · by Olog-hai · 28 replies
    Fox News Insider ^ | Jul 21, 2014 6:23PM
    Would a three-day work week improve your quality of life? Carlos Slim, the second richest man in the world, says it would. During a press conference, Slim called for a “radical overhaul” in workers’ lives. He said people should work three days a week, but longer hours. He also said people should work more years, until they’re 70 or 75. …
  • Cruz: Rich Do Fine with Big Govt, GOP Must Help the Working Poor

    07/22/2014 6:08:50 AM PDT · by Cringing Negativism Network · 10 replies
    Newsmax ^ | July 20 2014 | Todd Beamon and Elliot Jager
    U.S. Sen. Ted Cruz on Saturday said that to resurrect America's greatness it was necessary to revive the economy, defend the Constitution, and restore America's place in the world arena. Read Latest Breaking News from Newsmax.com http://www.newsmax.com/Newsfront/ted-cruz-poor-gop-western-conservative/2014/07/20/id/583716#ixzz38Cbu8mbS Urgent: Should Obamacare Be Repealed? Vote Here Now!
  • SilencerCo Announces First Commercially Available Shotgun Suppressor

    07/22/2014 4:27:48 AM PDT · by servo1969 · 28 replies
    TruthRevolt.org ^ | 7-21-2014 | Yehuda Remer
    Today, the gun world is buzzing with news of a "revolution in silencers." SilencerCo has announced today they will be producing the Salvo 12, the first ever commercially produced shotgun sound suppressor. The official press release reads: “Confirming its place as a trailblazer in the firearms industry, suppressor manufacturer SilencerCo has unveiled the first commercially-viable shotgun silencer ever produced. The company made the announcement today at an exclusive event near its Utah headquarters.” Active content removed Active content removed “The Salvo 12 represents a revolution in silencers, not just an evolution,” said Joshua Waldron, Chief Executive Officer for SilencerCo. “There...
  • McDonald’s, KFC face new food scandal after workers serve food off floor

    07/21/2014 1:16:57 PM PDT · by driftdiver · 49 replies
    NYPost ^ | July 21, 2014 | Reuters
    McDonald’s Corp. and Yum Brands Inc. are facing a new food safety scare in China, denting the fast food giants’ efforts to shore up reputations and businesses that were hurt by a 2012 safety scandal in one of their biggest markets. McDonald’s and KFC-parent Yum apologized to customers on Monday after Chinese regulators shut a local meat supplier following a TV report that showed workers picking up meat from a factory floor, as well as mixing meat beyond its expiration date with fresh meat. The firms said they’ll stop using the supplier. The report, which focused on McDonald’s and Yum,...
  • Finally! Carbon Tax Gone – Australia gets rid of a price on carbon

    07/21/2014 10:39:46 AM PDT · by Ernest_at_the_Beach · 13 replies
    joannenova.com.au ^ | July 17th, 2014 | Joanne
    As of today, Australia no longer has the most expensive “carbon” price in the world. The voters didn’t ask for a tax in 2010,  but it was forced on them in 2011. They rejected it wholeheartedly in 2013 but it still has taken months to start unwinding this completely pointless piece of symbolism which aimed to change the weather. The machinery of democracy may be slow, but this is a win for voters.11:15am EST today: The Australian Senate passes the carbon tax repeal bill.“Australia has become the first country in the world to abolish a price on carbon, with the Senate...
  • Ice Cream Shop Owner Defends Creating Flavor for Planned Parenthood Abortion Biz

    07/21/2014 8:00:33 AM PDT · by Morgana · 65 replies
    life news ^ | Steven Ertelt
    The owner of an Oregon ice cream shop is defending her decision to create an ice cream flavor for the Planned Parenthood abortion business. Planned Parenthood Advocates of Oregon recently announced that it would have a political fundraising event at What’s the Scoop? in Portland, Oregon. The ice cream store created a flavor especially for the abortion business and donated 10 percent of its sales to the abortion giant. whatsthescoopPlanned Parenthood announced: What’s the Scoop? is a sustainable, small-batch shop that creates ice cream and sorbets using liquid nitrogen – a revolutionary method that speeds up the freezing process, which...
  • These Buildings Used to Be Abortion Clinics, What They Do Now is Amazing

    07/21/2014 7:47:29 AM PDT · by Morgana · 3 replies
    life news ^ | Kelsey Hazzard
    Years ago, I encountered a piece in Feminism & Nonviolence Studies entitled “Feminist, Prolife, and Atheist,” by Kathryn Reed. At the time, I had no idea that atheism was in my future. What really stuck with me was not the title, or even the body of the article, but one of the subheadings: “Converting Abortion Clinics To Peacetime Use.” The idea of “peacetime use” has been on my mind a lot lately, as the pro-life movement has seen a record number of abortion businesses close in recent months. On a whim, I thought I’d put together a list showing how...
  • What happens when a $35,000 Tesla arrives?

    07/21/2014 7:37:53 AM PDT · by BenLurkin · 104 replies
    CNET ^ | July 20, 2014 2:30 PM PDT | Brooke Crothers
    Tesla said this week that its $35,000 entry, due in 2017 (or thereabouts), will be called the Model 3. One of the keys to making a cheaper Tesla is battery technology, as CEO Elon Musk pointed out to Auto Express earlier in the week. I chatted with John Voelcker, senior editor for High Gear Media, which publishes Green Car Reports, in the wake of the news. He offered insight into what impact a lower-priced Tesla might have. Q: Tesla has sold very pricey cars to date. How might a $35,000 Model 3 shake things up? John Voelcker: A list price...