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Business/Economy (News/Activism)

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  • Facebook investors call on Mark Zuckerberg to resign as chairman following damaging report

    11/17/2018 6:31:09 PM PST · by bitt · 28 replies ^ | 11/16/2018 | James Cook
    Facebook investors have called on the company’s chief executive Mark Zuckerberg to step down as chairman, following reports that the company hired a public relations firm to smear its critics by drawing links to George Soros. The attack on Mr Zuckerberg is set to complicate the daunting challenge facing Sir Nick Clegg, Facebook's new global head of policy and communications, who joined last month and has been asked to conduct a review of Facebook's use of lobbying firms. Jonas Kron, a senior vice president at Trillium Asset Management, a US investor which owns an £8.5m stake in Facebook, last night...
  • Trump cites ‘total devastation’ in Paradise, pushes plan to thin forests

    11/17/2018 5:30:20 PM PST · by Mariner · 36 replies
    The Sacramento Bee ^ | November 17th, 2018 | By Alexei Koseff And Dale Kasler
    PARADISE - President Donald Trump toured the damage wrought by California’s deadliest wildfire Saturday, visiting the ruins of a mobile home park and pressing his argument that the state’s forests must be managed more aggressively to prevent future disasters. With the death toll from the Camp Fire at 71 and rising, Trump met with Paradise Mayor Jody Jones and toured the charred wreckage of the Skyway Villa Mobile Home and RV Park. They passed a destroyed home where someone had hung an American flag, and picked their way past a downed streetlamp and other debris. Bits of ash floated in...
  • 'It's a ghost page': EPA site's climate change section may be gone for good

    11/02/2018 8:21:49 AM PDT · by Oldeconomybuyer · 24 replies
    The Guardian ^ | November 2, 2018 | by Oliver Milman
    More than a year after the US Environmental Protection Agency took down information on climate change from its website for an “update”, it now seems uncertain whether it will ever reappear. In April last year, the EPA replaced its online climate change section with a holding page that said the content was being updated to “reflect the agency’s new direction under President Donald Trump”. Information previously found at made it clear that human activity was warming the planet, resulting in harm to Americans’ health as well as crucial ecosystems on which humans depend. The “update” page has now given...
  • Romney signals anti-warming push

    11/17/2018 4:31:50 PM PST · by House Atreides · 93 replies
    Ev&bE News ^ | Hannah Northey and Geof Koss
    Utah Sen.-elect Mitt Romney signaled he may focus on climate change when he's sworn in in January. In a brief interview with E&E News yesterday, the former Republican presidential nominee said he sees climate change as a "critical area." ....snip Last year, Romney told college students in St. Louis that he was "concerned about the anti-scientific attitude" expressed by some of his Republican colleagues and that he was convinced humanity has played a part in global warming (Climatewire, Oct. 3). "I happen to believe that there is climate change, and I think humans contribute to it in a substantial way,...
  • Trump tours Paradise area, calls wildfire a ‘really bad one’

    11/17/2018 4:19:04 PM PST · by Mariner · 19 replies
    Associated Press ^ | November 17th, 2018 | By JONATHAN LEMIRE
    PARADISE, Calif. (AP) — From the ashes of a mobile home and RV park, President Donald Trump said Saturday he came to the heart of California’s killer wildfire to fully grasp the scale of the desolation wrought on the landscape. “We’re going to have to work quickly. ... Hopefully this is going to be the last of these because this was a really, really bad one,” said the president, standing amid the crumpled foundations of homes and twisted steel of melted cars. “I think everybody’s seen the light and I don’t think we’ll have this again to this extent,” Trump...
  • Breitbart News Saturday

    11/17/2018 2:14:16 PM PST · by Pelham · 3 replies
    Breitbart on soundcloud ^ | November 17, 2018 | Breitbart interviews
    audio interviews Rep Brian Babin Charlie Spiering Boris Ephsteyn Michael Patrick Leahy John Carney Neil Munro
  • Trump talks about thinning forests as he arrives in Paradise, tours Camp Fire devastation

    11/17/2018 12:33:57 PM PST · by HereInTheHeartland · 68 replies
    "President Donald Trump landed in Northern California Saturday to tour the damage wrought by the state’s worst-ever wildfire, pressing his argument that the state’s forests must be managed more aggressively to prevent future disasters."
  • Jeff Bezos: ‘Amazon Will Fail, Amazon Will Go Bankrupt’

    11/16/2018 5:34:46 PM PST · by E. Pluribus Unum · 70 replies
    Breitbart ^ | 16 Nov 2018 | Charlie Nash
    In a recorded company meeting, Amazon founder and CEO Jeff Bezos declared, “One day Amazon will fail. Amazon will go bankrupt.” “Amazon is not too big to fail… In fact, I predict one day Amazon will fail. Amazon will go bankrupt,” Bezos declared in the internal meeting, according to CNBC. “If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years.” “If we start to focus on ourselves, instead of focusing on our customers, that will be the beginning of the end,” he continued. “We have to try and delay that day for as...
  • Accept EU deal or face 'economic disaster', French minister warns Britain's Brexiteers

    11/16/2018 5:07:13 PM PST · by Olog-hai · 19 replies ^ | 16 November 2018 11:23 CET+01:00 | AFP/The Local
    French Economy Minister Bruno Le Maire said Friday that Brexit advocates must choose between accepting the deal negotiated by London and Brussels for leaving the EU or risk “economic disaster” and blasted “a number of lying politicians in Britain”. “The choice now faced by British political leaders who have advocated Brexit is to renounce their absurd political promise or face economic disaster, with the British people the main victims,” Le Maire said at a Paris forum on reforming the World Trade Organization. “What does Brexit demonstrate? It shows that leaving the common European market has an exorbitant economic cost,” he...
  • After the Retail Apocalypse, Prepare for the Property Tax Meltdown

    11/16/2018 4:48:13 PM PST · by Zhang Fei · 12 replies
    CityLab ^ | Nov 14, 2018 | Laura Bliss
    WEST BEND, WI—Kraig Sadownikow doesn’t look like an anti-corporate crusader. The mayor of West Bend, Wisconsin, stickers his pickup with a “Don’t Tread on Me” snake on the back window, a GOP elephant on the hitch, and the stars-and-stripes logo of his construction company across the bumper. His fiscal conservatism is equally well billboarded: In the two hours we spent at City Hall and cruising West Bend in his plush truck, Sadownikow twice mentioned the 6 percent he has shaved off the Wisconsin city’s operating budget since becoming mayor in 2011, and stressed its efforts to bring more business to...
  • Output Soars Even at U.S. Manufacturers That Make Stuff from Tariffed Steel and Aluminum

    11/16/2018 11:38:01 AM PST · by MaxistheBest · 21 replies
    Brietbart ^ | 11/16/2018 | John Carney
    Tariffs on steel and aluminum are not slowing down most American manufacturers that use the metals in production, defying forecasts that the higher duties would hit metals-using businesses hard. There have been many anecdotal reports of strains put on metals using business from the tariffs but the data do not support the idea that these are significant in aggregate. If anything, the tariffs have been accompanied by rising output and rising demand for productive capacity. Fabricated metals products output rose 0.2 percent in October, the third consecutive monthly gain, according to data released by the Federal Reserve Friday. For the...
  • DMV OKs fully driverless vehicle testing on Silicon Valley streets (California)

    11/16/2018 7:10:04 AM PST · by ProtectOurFreedom · 41 replies
    Los Altos Town Crier ^ | 10/30/18 | Megan V. Winslow
    The California Department of Motor Vehicles on Tuesday, October 30 granted Waymo a permit allowing the autonomous vehicle company to begin fully driverless testing on Silicon Valley streets, including in Los Altos, Los Altos Hills and Mountain View.Sixty companies are currently permitted in California to test autonomous vehicles with a “safety driver” beside the wheel, but Tuesday's announcement makes Mountain View-based Waymo the first to secure clearance for truly driverless testing, according to the DMV. “It gives us the ability to remove someone from the driver’s seat,” said Alexis Georgeson of Waymo Corporate and Policy Communications. In addition to Los...
  • Stormy Daniels says Avenatti accusations are ‘very troubling’

    11/15/2018 8:03:16 PM PST · by Eddie01 · 39 replies
    Fox News ^ | Nov. 15, 2018 | Elizabeth Zwirz
    In the wake of domestic violence charges filed against Michael Avenatti, his client, adult film star Stormy Daniels, cautioned Thursday against jumping to conclusions while also adding that she’ll find a new attorney if the accusations are found to be accurate. [snip] “These are serious and obviously very troubling allegations, but right now that is all they are: allegations,” Daniels told the outlet. “We should all reserve judgment until the investigation—an investigation Michael has said he welcomes—is complete, and that’s what I’m going to do." “But of course I do not condone violence against women and if these allegations prove...
  • More than 140 Camp Fire evacuees at shelters have had norovirus, some ‘acutely ill’

    11/15/2018 6:33:20 PM PST · by Mariner · 13 replies
    The Sacramento Bee ^ | November 15th, 2018 | By Theresa Clift
    More than 140 Camp Fire evacuees at four different shelters have had norovirus symptoms due to an outbreak, while 41 are currently experiencing symptoms, according to Butte County Public Health Department. Twenty-one people staying at Neighborhood Church in Chico; 31 at Oroville Church of the Nazarene; 9 at Butte County Fairgrounds, and one at East Avenue Church in Chico had symptoms Thursday, according to a Butte County Public Health Department news release. About 179 people are staying at Neighborhood Church; 352 are at Oroville Church; 142 are at Butte County Fairgrounds in Gridley, and 200 are at East Avenue Church...
  • Bernie Sanders rolls out ‘Stop WALMART Act’ that would block stock buybacks until retailer raises

    11/15/2018 3:05:49 PM PST · by Sub-Driver · 37 replies
    Bernie Sanders rolls out ‘Stop WALMART Act’ that would block stock buybacks until retailer raises pay Published: Nov 15, 2018 4:21 p.m. ET Legislation aims to prohibit big employers from repurchasing shares until they adopt a $15-an-hour minimum wage After his Stop BEZOS Act appeared to help spur Amazon to raise pay for its workers, Sen. Bernie Sanders launched a similar effort Thursday that targets Walmart. The Stop WALMART Act — introduced by both the Vermont independent and Rep. Ro Khanna, a California Democrat — would block big employers from buying back stock unless they pay all employees $15 an...
  • Conservative Network OANN Backs White House in CNN Lawsuit: ‘Can’t Believe Fox is On the Other Side’

    11/15/2018 3:04:51 PM PST · by McGruff · 43 replies
    Mediaite ^ | Nov 15th, 2018 | Joe DePaolo
    Conservative network One America News is backing the White House in its legal battle with CNN — a battle in which nearly every other major outlet in America is standing behind CNN. Thursday afternoon on Twitter, OAN CEO Robert Herring announced that the network plans to file an amicus brief in support of the White House, as they defend against a lawsuit filed by CNN to restore White House access for their chief correspondent Jim Acosta. “WE are going to file in the CNN vs White House court an Amicus Brief in favor of the White House,” Herring wrote. “Acosta’s...
  • Camp Fire missing persons list now tops 300, with 56 dead and more bodies being found

    11/15/2018 2:13:37 PM PST · by Mariner · 117 replies
    The Sacramento Bee ^ | November 15th, 2018 | BY RYAN LILLIS AND SAM STANTON
    MAGALIA - More human remains from the Camp Fire were being discovered in burned homes Thursday as nearly 500 searchers have spread out to sift through through the rubble of Paradise, Magalia and other communities devastated by the blaze that erupted one week ago. Early Thursday, a team from El Dorado County was working at a burned out home in Magalia as their first stop of the day when they discovered remains that may turn out to be multiple bodies. One body was found in a bed in the front of the home, and more remains were found in a...
  • Trump Tax Cut to Be Eroded Next Year by Inflation Switch

    11/15/2018 11:02:12 AM PST · by Red Badger · 12 replies ^ | Updated Nov. 15, 2018 12:49 p.m. ET | By Richard Rubin
    IRS announces details of change in calculations required by tax law, meaning brackets and deductions now grow more slowly WASHINGTON—Last year’s big tax cut is about to start shrinking. The Internal Revenue Service on Thursday announced the tax code’s parameters for 2019, implementing a new method for making inflation adjustments that will result in higher tax payments—and government revenue—over time. The shift will cost Americans $133.5 billion over a decade, according to Congress’s Joint Committee on Taxation. The tax law enacted last year lowered tax rates and reduced tax burdens for most households in 2018. It also required the IRS...
  • The Property Tax Meltdown

    11/15/2018 10:44:20 AM PST · by Galatians328 · 55 replies
    Citylab ^ | Nov 14, 2018 | Laura Bliss
    Big-box retailers such as Walmart, Target, Meijer, Menards, and others are suing small-town assessors and high-court judges to accept the novel argument that their bustling big boxes should be valued like vacant “dark” stores—i.e., the near-worthless properties now peppering America’s shopping plazas.
  • Fox's Ingraham transitioning longtime radio show to podcast

    11/15/2018 9:55:58 AM PST · by relictele · 31 replies
    The Hill ^ | 14 Nov 2018 | Joe Concha
    Fox News host Laura Ingraham is transitioning her nationally-syndicated radio show that launched more than 17 years ago into a podcast, according to a Wednesday announcement. Ingraham, who was also awarded a prime-time program on Fox News in Oct. 2017, will launch "The Laura Ingraham Show" in January on PodcastOne, which dubs itself the nation’s leading advertiser-supported podcast network. “Due to her HUGE success on the Fox News channel, daily podcasts are a much better fit for Laura’s hectic schedule and provides her listeners in all markets access at any time to the new Laura Ingraham Show podcast," says PodcastOne...