Business/Economy (News/Activism)

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  • The sooner the president realizes that Ryan is an establishment swamp dwelling snake...

    03/29/2017 4:54:18 PM PDT · by Jim Robinson · 49 replies
    The sooner the president realizes that Ryan is an establishment swamp dwelling snake...that's going to suck him down into the swampy quicksand and destroy his chances of enacting HIS agenda the better off he and we will be. Ryan represents the enemy within! Trump won the election already! Now it's his duty is to change gears, uphold the constitution, drain the swamp and MAGA. Quit screwing around with unwanted, unpopular, unsustainable, unconstitutional health care schemes. Push for and accept nothing less than a full repeal on Obamacare and then get to work enacting the rest of HIS MAGA agenda!! And...
  • Clinton, Bush GAO director: Federal government is 'too big'

    03/29/2017 2:06:32 PM PDT · by Oldeconomybuyer · 7 replies
    Washington Examiner ^ | March 29, 2017 | By Eddie Scarry
    The former comptroller general for Presidents Bill Clinton and George W. Bush said Wednesday that the nation's huge national debt is a sign that the U.S. has strayed far from the original reasons the country was founded. "From a broader perspective, the United States has strayed from many of the key principles and values that it was founded on and which made us great," former Comptroller General David Walker told a Senate Homeland Security and Governmental Affairs subcommittee in prepared remarks. "The federal government has also grown too big, promised too much, and needs to enact a variety of reforms...
  • 124-Year-Old Never-Worn Levi's Found in Arizona Cedar Chest

    03/29/2017 1:54:21 PM PDT · by servo1969 · 60 replies ^ | 3-29-2017 | Brian Gaffney
    They looked like brand-new blue jeans, but Jock Taylor knew those Levi's sat in an old family trunk for decades - maybe a century. Judging from their size (W: 44, L: 37) they probably belonged to his great-great grandfather Solomon Warner, an Arizona pioneer from the 1800s. If so, they're worth a small fortune, says Brit Eaton, a dealer in old jeans who actually searches abandoned mines for inventory. "Vintage denim can be worth thousands of dollars," Eaton says. "Finding Levi's pre-1900 is a massive rarity. That's the Holy Grail." ------------- Auctioneer Daniel Buck Soules recalls Taylor approaching him. "Why...
  • Drilling into Baltimore's population loss

    03/29/2017 1:48:35 PM PDT · by Oldeconomybuyer · 31 replies
    Baltimore Sun ^ | March 29, 2017
    Reaction to Sunday's column on Baltimore's distressing loss in population ranged from genuine empathy to snarky glee. Some citizens took the opportunity to complain about city life: A woman in Roland Park said she has a rat problem and that her water has been brown for months. I told her to get on her landlord about the rats and her City Council rep about the water — and to call me if she can't get no satisfaction. It's a depressing development, the city losing some 6,700 residents during the 12 months that ended in July 2016. After years when the...
  • Dirty air from global trade kills at home and abroad

    03/29/2017 1:27:46 PM PDT · by Oldeconomybuyer · 11 replies
    Seattle Times ^ | March 29, 2017 | By SETH BORENSTEIN
    A study that measures the human toll of air pollution from global manufacturing and trade shows how buying goods made far away can lead to premature deaths both there and close to home. More than 750,000 people die prematurely from dirty air every year that is generated by making goods in one location that will be sold elsewhere, about one-fifth of the 3.45 million premature deaths from air pollution. The study says 12 percent of those deaths, about 411,000 people, are a result of air pollution that has blown across national borders. “It’s not a local issue anymore,” said study...
  • It’s Official – President Abdel Fattah Al Sisi Will Visit White House on April 3rd…

    03/29/2017 12:55:02 PM PDT · by HarleyLady27 · 25 replies
    The Conservative Treehouse ^ | March 28, 2017 | Sundance
    This meeting is VERY important. The geopolitical messaging and value of this visit cannot be overstated. Remember, President Obama never even called President al-Sisi after his election win, and never invited him to the White House. As a result of specific Obama policy (and design) their paths only crossed once in New York at the U.N. assembly. President Trump and Secretary Tillerson hosting Egyptian President al-Sisi and his full diplomatic entourage at the White House is a historic shift in U.S. policy and approach. Having closely followed Egyptian politics, and accepting there are multiple similarities to our own challenges, my...

    03/29/2017 12:38:55 PM PDT · by PJ-Comix · 44 replies
    The Verge ^ | March 29, 2017 | Dieter Bohn
    The Samsung Galaxy S8 is the nicest phone I’ve ever held. It’s a beautiful combination of glass, metal, and an absolutely massive screen in a body that’s much smaller than you might expect. And that might not be enough to make it stand out anymore. There are two versions of the S8: the standard Galaxy S8 with a 5.8-inch screen and the larger S8 Plus with a 6.2-inch screen. Both are available for preorder on March 30th and will be shipping in the US on April 21st. Pricing, as always with Samsung, is up to the carriers — but you...
  • Trump wants to roll back progress against climate change. He’s going to fail.

    03/29/2017 11:25:08 AM PDT · by Oldeconomybuyer · 48 replies
    Washington Post ^ | March 29, 2017 | By Ben Adler
    Few of President Barack Obama’s achievements seem more imperiled from President Trump than progress in combating climate change. To avert catastrophic climate change, the broadly accepted goal among climate scientists is to stay below two degrees Celsius (3.6 degrees Fahrenheit) of warming over preindustrial temperatures. By helping negotiate the 2015 climate agreement in Paris and setting up a regulatory framework for fossil fuel emissions domestically, Obama created conditions that are necessary, but insufficient, to get there. The plan was for his successor to go further by increasing the ambition of Obama’s climate rules, cracking down on methane leakage and completing...
  • Landlord Fergus Wilson defends 'no coloured people' ban over curry

    03/29/2017 11:14:08 AM PDT · by Oldeconomybuyer · 25 replies
    Sky News ^ | March 29, 2017
    A buy-to-let tycoon facing a public backlash over his ban on "coloured" tenants has said: "I would do it again." Fergus Wilson has banned "coloured" people from renting his homes because he claims they leave them smelling of curry, costing him thousands of pounds after they leave. The Equality and Human Rights Commission has pledged to investigate the matter. Mr Wilson insisted he was "not racist" and said his move was an "economic decision". He said his stance was no different from his ban on letting his properties to smokers and dog owners. The 69-year-old said: "There has been much...
  • U.S. top court throws out ruling that upheld N.Y. credit card law

    03/29/2017 11:08:54 AM PDT · by Oldeconomybuyer · 8 replies
    Reuters ^ | March 29, 2017 | By Lawrence Hurley
    The U.S. Supreme Court on Wednesday threw out a ruling that upheld a New York law barring retailers from charging more to customers buying with credit cards, sending the case back to a lower court to decide on free speech grounds, not as price regulation. The merchants that challenged the law argued it violated their free speech rights under the U.S. Constitution's First Amendment, and the 8-0 ruling by the justices handed them at least a temporary victory. The justices returned the matter to the New York-based 2nd U.S. Circuit Court of Appeals, which upheld the law in 2015 as...
  • Commercial Real-Estate Bubble “Can Breathe Easier” after Health Bill Collapsed in Congress

    03/29/2017 11:02:21 AM PDT · by Lorianne · 2 replies
    Wolf Street ^ | 28 March 2016 | Wolf Richter
    When the effort in Congress to pass a health-care bill – the American Health Care Act, designed to replace the much maligned Affordable Care Act – failed on Friday, the thing that wasn’t supposed to happen happened: The industry that had whined for years about this, that, and the other in the Obamacare law, breathed a huge sigh of relief. On Monday, despite the general unease in the stock market, heath care stocks rallied. Well, they didn’t exactly rally, they edged up. But it made them the best-performing sector among the 11 S&P 500 sectors. But no one apparently breathed...
  • Arab States Jump on Brexit OPPORTUNITY: 'We'll Invest £5BN in Britain After it Leaves EU'

    03/29/2017 10:25:24 AM PDT · by nickcarraway · 2 replies
    Express (U.K.) ^ | Tue, Mar 28, 2017
    QATAR is set to invest £5billion in Britain after it leaves the European Union, the country confirmed today.Qatar is one of the most high-profile investors in London, owning landmarks such as the Shard, Harrods and the Olympic Village, as well as luxury hotels. It has also sought to diversify its UK investments beyond real estate, including buying stakes in retailer J Sainsbury Plc and Heathrow airport. The Middle Eastern state said it had committed £5billion of new money to invest in transport, property and digital technology. "I am still looking, even after Brexit there will be opportunities QIA can really...
  • After once calling for a boycott of Apple, President Trump is now using a 'new iPhone'

    03/29/2017 8:38:53 AM PDT · by House Atreides · 22 replies ^ | March 28, 2017 | Chance Miller
    This evening, however, Dan Scavino Jr, director of social media and senior advisor to President Trump, revealed that the president has been using his “new iPhone for the past couple of weeks.” Scavino also confirmed that yes, it’s still President Trump himself behind most of those tweets. A piece from The New York Times earlier this year highlighted the problems associated with Trump using an insecure and outdated Android device. The report explained that many of Trump’s advisors and aides, not to mention the Secret Service, had issue with the president using the “old, unsecured Android phone.”
  • Sorry: Trump’s so-called ‘heartless’ budget doesn’t slash the safety net

    03/29/2017 8:24:12 AM PDT · by SeekAndFind · 10 replies
    New York Post ^ | 03/29/2017 | Brian Reidl
    President Trump’s “skinny budget” — which would shift $54 billion in non-defense discretionary spending over to defense — has been unfairly savaged for allegedly eviscerating the social safety net.Headlines such as “How Trump’s Budget Cuts Could Hurt Low-Income Americans” (CNN) and “If You’re a Poor Person in America, Trump’s Budget is Not For You” (Washington Post) were accompanied by a New York Times editorial describing the budget as a sadistic attempt to “impose pain for pain’s sake.”Such headlines may lead people to wonder just how deeply President Trump’s budget proposal would cut federal anti-poverty spending below current levels: Ten...
  • Emanuel brands Trump’s sanctuary city threat a ‘bit of a joke’

    03/29/2017 7:20:41 AM PDT · by ChicagoConservative27 · 31 replies
    Mayor Rahm Emanuel on Tuesday questioned the legality of Attorney General Jeff Sessions’ threat to cut or “claw back” Justice Department money to “sanctuary” cities and called it “a bit of a joke” at a time when DOJ funding is being cut. “I find it a little ironic. They said they were gonna cut or withhold monies on public safety. Did you look at the president’s budget that he introduced? He actually cut the Justice Department. So this is kind of like, in my view, a bit of a joke in that sense,” the mayor said at an unrelated news...
  • Batteries: Another green scam

    03/29/2017 7:04:32 AM PDT · by rktman · 15 replies ^ | 3/29/2017 | Viv Forbes
    Every day some green energy promoter or a battery salesman tells us how green energy with battery backup will supply Australia’s future electricity needs. A battery stores energy. Energy can be stored using lead-acid, nickel/cadmium, lithium, molten salt, pumped hydro, hydrogen, flywheels, compressed air, or some other smart gizmo. But not one battery produces new energy -- they simply store and discharge energy produced by other means. They all deliver less energy than they consume. Moreover, to manufacture, charge, use, and dispose of batteries consumes energy and resources. The idea of producing reliable grid power from intermittent green energy backed...
  • Is There Anything Climate Change Can’t Do?

    03/29/2017 6:55:28 AM PDT · by rktman · 7 replies ^ | 3/29/2017 | Brian C. Joondeph
    We are treated daily with news stories of all the things President Trump can do. Trump causes terror attacks. Trump causes nightmares, insomnia, and eating binges. Trump caused Babs Streisand to gain weight. Trump is omnipotent. Yet he has competition. Not Obama. Not the deep state. Instead, global warming, now known as climate change, is the new supervillain on the block. According to the victim of a real election hack, Bernie Sanders, climate changes causes terrorism. Just like President Trump. Climate change also leads to severe weather -- heat, cold, rain, snow, floods, and droughts -- you name it. How...
  • UK will remain partner despite triggering Brexit, says Germany

    03/29/2017 6:38:22 AM PDT · by Olog-hai · 3 replies ^ | 29 March 2017 14:16 CEST+02:00 | AFP
    Britain remains a key ally for the European Union and NATO, a spokeswoman for German Chancellor Angela Merkel said Wednesday, as London formally launched the process to quit the bloc. “We must not forget that the UK is still a partner, in NATO and in Europe,” Ulrike Demmer told journalists, adding that London’s Brexit notification would give “us more clarity” on how Britain planned to handle the divorce process. “On this basis, the 27 member states and EU institutions will define their interests and aims,” Demmer said, adding that Berlin was “well prepared” for the coming negotiations. German foreign ministry...
  • Florida East Coast Railway sold to Mexican transportation company

    03/29/2017 5:31:47 AM PDT · by Ray76 · 23 replies
    Jacksonville Daily Record ^ | Mar 28, 2017 | Mark Basch
    A Mexican transportation company Tuesday agreed to buy Florida East Coast Railway Holdings Corp. from the private equity group that acquired the historic railroad 10 years ago. GMéxico Transportes S.A. de C.V. (GMXT), a unit of Grupo Mexico, said it is buying FEC from funds management by Fortress Investment Group LLC in an all cash deal. The amount of the sale was not announced, but several news reports put the value of the deal at $2.1 billion. FEC is a 351-mile rail line running from Jacksonville to Miami The company did not say how the acquisition will affect operations of...
  • Nikki Haley, The UN's Tough New Sheriff, Lays Down The Law

    03/29/2017 5:18:39 AM PDT · by IBD editorial writer · 17 replies
    Investor's Business Daily ^ | 3/29/2017 | Staff
    Foreign Aid: Something wonderful is happening at the United Nations, and her name is Nikki — as in former South Carolina Gov. Nikki Haley. For the first time in years, the U.S.' new ambassador to the U.N. is an unapologetic champion of her own country's interests within the global body. Reform winds are blowing. Haley, like John Bolton (Bush II administration) and Jeanne Kirkpatrick (Reagan) before her, is showing the world that she's not content to be a bland, politically correct American figurehead at the U.N. She's making a big difference. Of course, we knew she would be a good...
  • Republicans Are Now Medicaid's Biggest Boosters

    03/29/2017 5:10:30 AM PDT · by IBD editorial writer · 17 replies
    Investor's Business Daily ^ | 3/29/2017 | Staff
    Health Reform: One of the more depressing aspects of the failed ObamaCare replacement bill was that it exposed how many Republicans have become ardent defenders of Medicaid — a "poverty" program that is slowly taking over health care. There are few federal programs as poorly designed as Medicaid. Its open-ended funding mechanism — where the federal government matches spending by the states — encourages waste. Since 2000, Medicaid spending climbed 172%, and the Government Accountability Office has listed Medicaid as a "high risk" for fraud and abuse. At the same time, Medicaid's low reimbursement rates — it pays doctors about...
  • Westinghouse files for bankruptcy protection

    03/29/2017 4:52:05 AM PDT · by RS_Rider · 26 replies
    rib Total Media, LLC ^ | March 29, 2017 | Reuters
    TOKYO - U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Thursday as it struggles to limit losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba's thinking said. Pittsburgh-based Westinghouse, crippled by cost overruns at two U.S. power plant projects in Georgia and South Carolina, will file for protection under Chapter 11 of the U.S. Bankruptcy Code, the people told Reuters on Thursday. One of the sources has direct knowledge of the decision and one has been briefed on the matter. Toshiba media representatives could not immediately be reached...
  • Diamonds aren't a girl's best friend...

    03/28/2017 7:12:59 PM PDT · by Ol' Dan Tucker · 84 replies ^ | 03-28-2017 | Hannah Parry
    A jewelry restorer has gone undercover at some of New York's most recognizable diamond stores to 'prove' that customers are being ripped off. Diamond expert Jacob Worth, founder of I Want What It's Worth, claims that luxury retailers Tiffany & Co, Cartier, Van Cleef and Harry Winston all use 'identical' diamonds to those found in basic retailers - but with huge markups. 'There really is nothing special about these diamonds. Identical rings can be found at Costco or websites like Blue Nile,' he said. 'At Tiffany you are basically paying a massive markup up for a blue box which you...
  • Sens. Cantwell, Murray Urge President to Rescind Anti-Climate Executive Order

    03/28/2017 6:56:13 PM PDT · by mdittmar · 35 replies
    Senator Patty Murray ^ | Mar 28 2017 | Senator Patty Murray
    Letter highlights economic, environmental, and security concerns for Western statesWashington, D.C. – Today, Senators Maria Cantwell (D-WA) and Patty Murray (D-WA) joined eight U.S. Senators from six Western states, in urging President Trump to rescind the Executive Order issued today that attempts to reverse multiple major U.S. initiatives to combat climate change. The Senators wrote that the Order “fails to bring clean energy jobs to our rural communities, ignores the impacts that extreme weather will have on our economy and our national security, and does not decrease our reliance on foreign oil.”“We stand ready to work with you and your...
  • Commentary: The creative working class are bringing American jobs back

    03/28/2017 6:10:32 PM PDT · by 2ndDivisionVet · 16 replies
    The Austin American-Statesman ^ | March 28, 2017 | Joshua Bingaman
    Even though tech progress tends to grab more headlines, there’s another “Made in America” story to be told. There’s a harkening back to the days of craftsmanship — and there is a groundswell of interest and entrepreneurship surrounding skills and trades. Legions of people seek work that calls for the use of their hands. Men and women of all ages crave a job that allows them to create something physically. They want to make their own products. American making and doing is strong. Maybe it’s the word “manufacturing” that gets misappropriated; we’re inclined to picture smoke-billowing factories and the dusty...
  • California, NY vow to fill climate-change void left by Trump

    03/28/2017 4:48:17 PM PDT · by Olog-hai · 33 replies
    Associated Press ^ | Mar 28, 2017 7:22 PM EDT | Jonathan J. Cooper
    The governors of California and New York said Tuesday that they will push ahead with their aggressive climate change policies despite President Donald Trump’s executive order that seeks to boost the coal industry. Democratic Govs. Jerry Brown of California and Andrew Cuomo of New York said in a joint statement that they will help fill the void left by Trump’s decision to unravel former President Barack Obama’s plan to curb global warming. “With or without Washington, we will work with our partners throughout the world to aggressively fight climate change and protect our future,” the governors wrote. […] The governors...
  • HUD Can Not Account for $520 Billion

    03/28/2017 4:24:37 PM PDT · by TheTimeOfMan · 63 replies ^ | 3/22/2017 | Frank and Brian
    HUD Can Not Account for $520 Billion. Podcast.
  • Vulgar Liberal Sarah Silverman Will Try to Connect With Conservatives In New Show

    03/28/2017 2:48:09 PM PDT · by drewh · 60 replies
    Newsbusters ^ | March 28, 2017 | 2:17 PM EDT | Sarah Stities
    Apparently, Sarah Silverman is ready to reach across the aisle. Despite her wildly partisan opinions, the lefty comedienne plans to “connect with un-like-minded people” in a new weekly talk show, Deadline’s Nellie Andreeva reported. Called I Love You, America, the Hulu show will be a forum for Silverman’s political commentary on the events of the week. “The new program is designed to be balanced,” Andreeva explained, “with her looking to connect with people who may not agree with her personal opinions through honesty, humor, genuine interest in others, and not taking herself too seriously.” We’ll see how that works out....
  • Industry Analysts: Whole Foods Traffic Declines Are ‘Staggering’ (Kroger picking up)

    03/28/2017 2:20:32 PM PDT · by drewh · 100 replies
    Grub Street ^ | March 28, 2017 | By Clint Rainey
    New market data has somehow managed to make Whole Foods’ beleaguered lot look even worse. On top of reports last week that rival Albertsons was sniffing around Sprouts Farmers Market, an upstart organic grocer and wellness store whose prices are about 19 percent cheaper on average than Whole Foods, there are now some new numbers suggesting the high-end grocery chain is also still hemorrhaging shoppers. Foot traffic has dipped once again, Barclays analysts note, straight-up describing the magnitude this time as “staggering.” Technically, it’s 3 percent, which can make “staggering” seem a little far-fetched — until you consider it translates...
  • Ivanka Trump Going Back to School: Taking Coding Class w/Daughter, Doing ‘Her Part’ For Equality

    03/28/2017 1:49:52 PM PDT · by drewh · 154 replies
    Hollywood Life ^ | Tue, March 28, 2017 2:12pm EDT | Kathleen Harper
    Talk about girl power! Speaking at a Women’s History Month event, Ivanka Trump revealed she’ll be taking a computer coding class with her 5-year-old girl Arabella this year. Why? The First Daughter admitted she’s ‘trying to do her part’ when it comes to banishing gender stereotypes — and we are ALL about it! Leading by example, Ivanka Trump, 35, wants to encourage women and girls across the country to learn about computer science. And to show just how important it is for females to get involved in the tech field, the First Daughter announced that she and her daughter Arabella...
  • Trump May Be Offering Coal Leases That `No One' Wants Right Now

    03/28/2017 1:28:04 PM PDT · by SeekAndFind · 24 replies
    MSN ^ | 03/28/2017
    President Donald Trump is expected to lift a moratorium on federal coal-mining leases -- though it probably won’t do the industry much good until years after he’s left office. That’s because U.S. coal companies including Peabody Energy Corp. won’t be looking to secure new reserves of the fossil fuel on federal land for years, especially as mining slows amid the sector’s worst downturn in generations. Production in Wyoming and Montana, where much of government coal is located, fell 18 percent in 2016 from the prior year. Coal’s share of U.S. power generation has plunged in the face of competition from...
  • Trump signs order rolling back climate rules (Winning!)

    03/28/2017 1:00:09 PM PDT · by pabianice · 24 replies
    Boston Globe ^ | 3/28/17 | Daly
    President Donald Trump, accompanied by Environmental Protection Agency Administrator Scott Pruitt, third from left, and Vice President Mike Pence, right, while Trump held up the signed Energy Independence Executive Order on Tuesday at EPA headquarters in Washington. WASHINGTON — President Donald Trump has signed an executive order that will roll back many of former President Barack Obama’s efforts to curb global warming. The order is aimed at helping spur American energy jobs. The president signed the order at the headquarters of the Environmental Protection Agency. Trump says this is ‘‘the start of a new era’’ in energy production. The order...
  • The Feds Are Being Investigated

    03/28/2017 12:24:47 PM PDT · by HarleyLady27 · 32 replies
    Market Watch ^ | March 28, 2017 | Gregg Robb
    In a move that Democrats in the committee fought very hard to resist, a house panel has approved a legislation that will allow a government watchdog audit the federal reserve's spending. Democrats in the committee were firmly against the bill.
  • New York City Retail Vacancies Soar Prompting Massive Rent Concessions

    03/28/2017 11:56:09 AM PDT · by SeekAndFind · 20 replies
    Zero Hedge ^ | 03/28/2017
    It used to be that taking a 10-minute walk around SoHo meant passing by at least a dozen upstart, trendy fashion retailers eager to sell you a $500 hoodie or $1,000 pair of sneakers.  But these days you're much more likely to see a whole bunch of this: As Bloomberg points out this morning, in the wake of Manhattan's retail drought, commercial landlords, who have seen retail occupancy levels plummet over the past 12 months, are doing everything possible to avoid big price cuts.  Instead, like residential landlords, commercial real estate owners are providing massive rent concessions through things like...
  • The Cost of Curbing Climate Change

    03/28/2017 11:23:24 AM PDT · by Oldeconomybuyer · 28 replies
    U.S. News & World Report ^ | March 28, 2017 | By Joseph Aldy
    On average, every ton of carbon dioxide emitted into the atmosphere imposes damages equal to about $40. The social cost of carbon represents the damages of one ton of carbon dioxide emitted into the air. To estimate it, economists run models that forecast varying levels of carbon dioxide emissions. They can then model and compare two forecasts – one with slightly higher emissions than the other. The difference in total climate change damages represents the social cost of carbon. Some model scenarios, based on admittedly extreme assumptions, produce negative SCC estimates – that is, they find that carbon pollution is...
  • Neverending success? Olive Garden sales boom [Parent buys Cheddar's]

    03/28/2017 10:36:55 AM PDT · by Red Badger · 43 replies ^ | 10:50 am, March 28, 2017 | Staff
    <p>The owner of the Olive Garden is making a cheesy acquisition. And investors love it.</p> <p>Darden Restaurants announced late Monday that it was buying Cheddar’s Scratch Kitchen, a casual dining chain with 165 restaurants in 28 states, for $780 million cash. The company also announced earnings and sales that topped forecasts.</p>
  • Tech Execs Indicted for H-1B Visa Fraud

    03/28/2017 10:36:33 AM PDT · by Rockitz · 17 replies ^ | 28 Mar 2017 | John Binder
    A pair of tech executives have been indicted for allegedly using false documents to bring in help through the H-1B guest worker program. Dynasoft Synergy’s Chief Executive Officer Jayavel Murugan, 46, and 40-year-old Syed Nawaz are accused in an unsealed federal grand jury indictment of trying to apply for H-1B visa workers using fraudulent documents and then hiring them out to tech firms, according to Mercury News. Dynasoft operates as an “employment firm” that essentially leases foreign workers. The company also has an office in India. According to prosecutors, Murugan and Nawaz used the false documents to replace American workers...
  • One in ten German firms to cut UK investments before Brexit: survey

    03/28/2017 9:40:37 AM PDT · by Olog-hai · 11 replies ^ | 28 March 2017 14:30 CEST+02:00 | AFP
    One in ten German firms present in Britain plans to stop investing in the island nation even before it definitively leaves the European Union, an industry group survey published on Tuesday found. German firms believe Brexit “will seriously damage business with the United Kingdom,” said Eric Schweitzer, president of the Association of German Chambers of Commerce and Industry (DIHK), which surveyed 2,200 internationally active companies. Some nine percent of firms who have invested in the UK plan to shift investments elsewhere, with Germany and the rest of the EU the top choices. Britain is the third-biggest export market for Germany...
  • Delta Airlines Changes How You Fly with Guns

    03/28/2017 8:53:03 AM PDT · by rktman · 14 replies ^ | 3/23/2017 | Mark Walters
    It seems Delta Airlines pulled a fast one on this writer, talk radio host, commentator, and more importantly, all of us as the flying public. Last week on these pages I wrote about an emailer’s experience flying on Delta airlines out of Norfolk, VA to St. Louis with a checked firearm. It seems he had been given some information he had never heard before, and the process was different than he had experienced in the past. He was told his bag would be zip-tied before he could pick it up at his destination. Not only was he told it would...
  • Consumer confidence soars in March to best reading in 16 years

    03/28/2017 7:36:10 AM PDT · by John W · 12 replies ^ | March 28, 2017 | Steve Goldstein
    Consumer confidence in March soared to the highest level in more than 16 years, according to data released Tuesday. The Conference Board said its consumer confidence index leapt to 125.6 in March from 116.1 in February, coming in well ahead of the MarketWatch-compiled consensus of 114.1. The reading gave a pop to U.S. stocks DJIA, +0.03% , which turned higher after the report. Consumer confidence has taken off since the election of President Donald Trump, on the prospect of lower taxes and more infrastructure spending. Confidence has yet to be impacted by Congress’s inability so far to enact the president’s...
  • ‘Bring it on!’: Lindsey Graham and constituents shout over each other in latest town hall debacle

    03/28/2017 7:23:13 AM PDT · by ChicagoConservative27 · 37 replies
    Inundated with boos from a raucous town hall crowd, Sen. Lindsey O. Graham (R-S.C.) snapped back, lashing out at one attendee for asking a “garbage” question and slamming many for not accepting the result of the 2016 presidential election. Toward the end of the hour-long town hall in Columbia, S.C., people were standing up. “Your last term! Your last term!” they chanted. The senator fired back, telling the crowd that he does not and will not worry about losing his job in the 2020 election. “Good! Good! Come on, bring it on! Bring it on!” Graham said. “If I win,...
  • Podesta Hid 75,000 Shares of Stock From Kremlin-Backed Company

    03/28/2017 6:49:15 AM PDT · by Enlightened1 · 20 replies
    Hannity ^ | 03/27/17
    John Podesta, special counsellor to President Obama and Hillary’s 2016 campaign chairman, may have violated federal law by not disclosing 75,000 shares of stock from a company with close ties to the Kremlin, the Daily Caller reports. Podesta received the shares from Joule Unlimited Technologies while serving on the company’s board back in 2010. After announcing he was leaving the company to work at the White House in 2014, he was awarded an additional 75,000 common share stocks. The Schedule B section of the financial disclosure forms for government officials demands that new employees "report any purchase, sale or exchange...
  • Norquist: Health care reform must come before tax reform

    03/28/2017 6:26:15 AM PDT · by Religion and Politics · 42 replies
    Yahoo Finance ^ | March 27, 2017 | Nicole Sinclair
    On Friday, President Donald Trump told reporters that he is moving on after the Republican health care bill was pulled from a floor vote in the House of Representatives. As market and political analysts work to understand what the bill’s failure means for the future of tax reform, one outspoken advocate for tax cuts expressed concern. Grover Norquist, president and founder of Americans for Tax Reform, a politically conservative organization that opposes all tax increases, said health care reform is an essential first step to achieving significant tax reform. “It has to go first in order to have a significant...
  • BOOM! Trump Just Drained The SWAMP, Signs 4 New BILL

    03/28/2017 5:59:05 AM PDT · by Enlightened1 · 26 replies
    Youtube ^ | 03/27/17 | Donald J Trump
    Drain the swamp agenda continues, President signs 4 new bill to drain the swamp. Leave your thoughts in the comment section below.  Please share this video below so other people can WAKE UP TO REAL NEWS!  
  • Oakland Raiders get NFL’s approval to move to Las Vegas

    PHOENIX — So the Oakland Raiders are prepared to pack up their silver-and-black bags, back up the diesel transporters and truck to Las Vegas. The billion-dollar NFL question is: when? No one knows for certain — not even owner Mark Davis. By a landslide 31-1 vote, NFL owners Monday approved the franchise’s second departure from the Bay Area, this time to the growing Las Vegas metropolitan area. The Miami Dolphins were the lone dissenting vote. NFL Commissioner Roger Goodell and some owners said that the league wanted to remain in the nation’s sixth-largest TV market but that no viable stadium-building...
  • Trump Jobs Boom Con'ts: Ford Motor Announces Investment in 3 Michigan Plants [Thankyou Pres Trump]

    03/27/2017 11:52:26 PM PDT · by · 22 replies
    Breitbart ^ | March 27, 2017 | Warner Todd Huston
    Ford Motor Co. is set to announce new investments in three plants in Michigan, reports reveal. The carmaker will reportedly invest a "significant amount" in assembly plants in Wayne, Flat Rock, and its Romeo Engine Plant, according to The Detroit News. The latest news of the carmaker's U.S. expansion comes only two months after the company announced it was investing up to $700 million in its Michigan facilities. In February, Ford CEO Mark Fields said his company's decision to create jobs in America rather than in Mexico is a "vote of confidence" in Trump's incoming administration and the pro-business environment...
  • Trump Ends Obama Contracting Rule resolution overturning Obama's 'blacklisting' executive order

    03/27/2017 9:50:57 PM PDT · by MarvinStinson · 18 replies
    freebeacon ^ | March 27, 2017 | Bill McMorris
    Trump Ends Obama Contracting Rule President signs resolution overturning Obama's 'blacklisting' executive order President Trump on Monday repealed Barack Obama's blacklisting rule that would have benefitted labor unions in federal contracting. Trump signed a resolution passed by the House and Senate overturning the rule, which would have forced companies bidding for government contracts to report all allegations of unfair labor practices filed against them. Previously, contractors only needed to disclose incidents in which they had been found guilty of labor violations. President Obama issued the "blacklisting" executive order in 2014, saying it would lead to "economy and efficiency in procurement...
  • Trump to sign order on Tuesday easing energy regulations: officials

    03/27/2017 4:59:00 PM PDT · by mdittmar · 7 replies
    reuters ^ | Mar 27, 2017 | Steve Holland and Jason Lange
    President Donald Trump will sign an order on Tuesday aimed at making it easier for companies to produce energy in the United States, administration officials said on Sunday.Under Trump, the U.S. Environmental Protection Agency is aiming to aggressively roll back Obama-era environmental regulations.
  • A Startup’s Plan To Cut Air Freight Costs In Half With 777-Size Drones

    03/27/2017 4:49:23 PM PDT · by COBOL2Java · 46 replies
    Fast Company ^ | 03.27.17 | 2:30 PM | DANIEL TERDIMAN
    Commercial passenger jets fly at an altitude of around 30,000 feet or higher. Imagine sitting in a window seat of one of those giant aluminum tubes a few years from now as it makes its way across the Pacific Ocean. Picture looking down about 10,000 feet below. You just might see what one startup thinks could be the future of international cargo transport. The idea is simple: Shipping by air is fast, but expensive. Boat is much cheaper, but very slow. So why not send all those boxes and packages on an un-piloted, amphibious Boeing 777-sized drone that can...
  • DELINGPOLE: Scott Pruitt Is Failing to Drain the Swamp at the EPA

    03/27/2017 4:17:27 PM PDT · by Ernest_at_the_Beach · 37 replies ^ | 27 Mar 2017 | James Delingpole
    President Trump’s attempts to drain the swamp are being undermined by one of his key administrators. President Trump’s attempts to drain the swamp are being undermined by one of his key administrators. Scott Pruitt, head of the Environmental Protection Agency, is more interested in building his political career than he is taking on the Green Blob, insiders report. SIGN UP FOR OUR NEWSLETTER Pruitt is also said to be behind attempts to remove at least one of the key phrases from the president’s long-awaited Executive Order on the environment.It concerns a proposal to repeal the EPA’s Endangerment Finding on CO2 (the disastrous, unscientific, job-killing ruling...