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Business/Economy (News/Activism)

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  • Let President Trump Do His Job

    08/17/2017 3:58:06 PM PDT · by Enlightened1 · 2 replies
    Youtube ^ | 08/13/17
    AD CITES MAJOR ACHIEVEMENTS, INCLUDING JOBS, THE ECONOMY AND MILITARY STRENGTH EXCORIATES MEDIA “ATTACKING OUR PRESIDENT” AND “POLITICIANS STANDING IN THE WAY”  https://www.youtube.com/watch?v=vptm8IvmPck
  • Silicon Valley Billionaires Are the New Robber Barons

    08/17/2017 3:02:17 PM PDT · by Mafe · 10 replies
    National Review ^ | August 17, 2017 | Victor Davis Hanson
    Progressives used to pressure U.S. corporations to cut back on outsourcing and on the tactic of building their products abroad to take advantage of inexpensive foreign workers. During the 2012 election, President Obama attacked Mitt Romney as a potential illiberal outsourcer-in-chief for investing in companies that went overseas in search of cheap labor. Yet most of the computers and smartphones sold by Silicon Valley companies are still being built abroad to mostly silence from progressive watchdogs.
  • Americans are buying more food at Walmart

    08/17/2017 2:34:35 PM PDT · by Oldeconomybuyer · 22 replies
    Washington Post ^ | August 17, 2017 | By Abha Bhattarai
    Competition is heating up among U.S. grocery chains, but Americans are increasingly buying their food at Walmart. The retailer on Thursday said food sales had grown to their highest level in five years, as Walmart expands its grocery business both in stores and online by adding more organic produce. The company is also testing grocery delivery in New York, and has taken aggressive steps to compete with Amazon.com. Weve seen strong results from the rollout of online grocery, which is now in more than 900 U.S. locations, Doug McMillon, president and chief executive of Walmart, said in a Thursday call...
  • Sticker Shock: Iowa's only ObamaCare insurer seeks 57 percent rate increase

    08/17/2017 2:13:04 PM PDT · by Oldeconomybuyer · 12 replies
    FOX News ^ | August 17, 2017 | By Barnini Chakraborty
    In one of the biggest 2018 premium hikes sought to date, Iowas only ObamaCare insurer is looking for a 57 percent rate increase thats 13 percent more than they asked for just two months earlier. Its a troubling trend thats been spreading across the country as jittery insurers stay stuck in a holding pattern waiting on Congress and the Trump administration to decide the fate of the Affordable Care Act. President Trump has at different times encouraged lawmakers to let ObamaCare implode, pushed his party to repeal and replace the bill, admonished his own party for failing to do...
  • America is Addicted to Immigrant Labor: Especially When it Comes to Healthcare

    08/17/2017 1:25:32 PM PDT · by Thalean · 32 replies
    Daily Caller ^ | August 16, 2017 | Spencer P Morrison
    Now that President Trump has signaled his support for the RAISE Act, many Americans are being forced to think about the merits and pitfalls of our legal immigration system. One important problem that has received no attention is how the large-scale immigration of foreign physicians has contributed to the atrophying of our medical schools. Specifically, Americas universities can no longer train enough medical practitioners to meet the nations healthcare demandsAmerica relies on the immigration of foreign professionals to maintain its healthcare system, and standard of living. In a sense, we rely on imported physicians like we rely on foreign oil....
  • Months After Warriors Win, BART is Left with 38,000 Pre-loaded Clipper Cards

    08/17/2017 10:46:55 AM PDT · by nickcarraway · 24 replies
    NBC Bay Area ^ | Aug 16, 2017 | Kirsty Fowler
    According to SF Gate, the transportation company invested in 40,000 cards, each pre-loaded with $11After the Warriors claimed their third NBA championship in a row, BART stocked up on Clipper Cards. According to SF Gate, the transportation company invested in 40,000 cards, each preloaded with $11. The company hoped that the cards would have alleviated transportation stress for fans during the Warriors celebration parade in June. Months later though, BART is left with around 38,000 transportation cards. Over a half-million dollars worth of cards sit in boxes untouched. The idea seemed reasonable at the time. The parade was estimated to...
  • Republican Party is walking away from the GOP president: Stuart Varney

    08/17/2017 10:01:49 AM PDT · by SoFloFreeper · 89 replies
    Fox Business ^ | 8/17/17 | Stuart Varney
    The congressional calendar is jammed. There are serious doubts that there's room for all the legislation that's lined up waiting for a vote. ... There are just 12 days before the end of September, when the House and Senate are in session together. In those 12 days, Congress has to pass a budget and a debt ceiling extension. That's surely very difficult. Now throw in the Republican Party walking away from the Republican president. That is what's happening. And the chances of getting a budget, debt ceiling, health care, tax cuts and infrastructure done this year are surely slim and...
  • Hillary Clintons book release has Dems worried, irritated

    08/17/2017 9:42:02 AM PDT · by Oldeconomybuyer · 57 replies
    FOX News ^ | August 17, 2017
    Democrats are on edge over Hillary Clintons forthcoming book that is likely to dredge up the controversies surrounding her 2016 defeat to President Trump, just as the out-of-power party is trying to "move on" and chart a course back to the majority. The former secretary of state, U.S. senator and first lady who added Democratic presidential nominee to her resume last year apparently isnt done with public life. She plans to release her book, What Happened, next month. But Bloomberg reports that Democrats are privately concerned that Clintons book will help Trump, by fueling his case that Democrats are going...
  • Some Democrats See Tax Reform as a Path to Taxing Carbon

    08/17/2017 9:36:37 AM PDT · by Oldeconomybuyer · 13 replies
    New York Times ^ | August 17, 2017 | By LISA FRIEDMAN
    With a sweeping overhaul of the tax code on the horizon, two Senate Democrats believe this is the moment to broach the third rail of climate change policy: a carbon tax. The plan by the senators, Sheldon Whitehouse of Rhode Island and Brian Schatz of Hawaii, to level a $49 per metric ton fee on greenhouse gas emissions is widely acknowledged as a long shot. But the lawmakers, along with climate activists and a cadre of conservative supporters, insist the tax reform is a way to create bipartisan support. The senators propose to use a portion of the estimated $2.1...
  • The price of Rat meat goes up in Thailand

    08/17/2017 5:06:28 AM PDT · by vannrox · 32 replies
    Living Thai ^ | Not Specified | Editorial staff
    The price of Rat meat goes up in Thailand I rarely copy a news story but a story about eating rats I can't pass up. This story from PDN about the price of rat meat in Phitsanulok. Before you think that's it's only poor farmers eating rats, the cost of rat meat is double that of chicken and pork. This lady says it costs 250 baht a kilogram for a big rodent, not that i'm noting to buy a whole kilo of it! Still I've eaten rat meat and although I prefer fried frog, fried rat isn't too bad...
  • Federal Managers Have Some Bad News For Government Workers

    08/17/2017 5:02:18 AM PDT · by Hojczyk · 23 replies
    Hotair ^ | August 16,2017 | Jazz Shaw
    Theyre going to have to start laying some people off, and for much of Washington, DC, thats a completely foreign concept. Agencies are pretty certain they will need to institute reductions in force as they aim to satisfy an executive order from President Trump and ensuing guidance from the Office of Management and Budget, said Leslie Pollack, deputy associate director of OPMs HR Strategy and Evaluation Solutions, on WJLAs Government Matters program. Those documents required executive branch agencies to reorganize themselves and, in the process, cut the size of their workforces. Pollacks office, which provides human resources consulting to federal...
  • China says its bullet train technology was stolen, days after US trade probe move

    08/17/2017 1:48:37 AM PDT · by TigerLikesRooster · 40 replies
    SCMP ^ | 17 August, 2017 | Wendy Wu
    China says its bullet train technology was stolen, days after US trade probe move Officials urged to do more to protect intellectual property in commentary published two days after US announcement PUBLISHED : Thursday, 17 August, 2017, 8:32am UPDATED : Thursday, 17 August, 2017, 8:32am Beijing has apparently hit back at US plans to investigate intellectual property violations by China, with officials urged to do more to protect bullet train technology from theft. The call came in a commentary published in the official Procuratorial Daily on Wednesday, two days after it was announced that US President Donald Trump would authorise...
  • Why workers need a corporate tax cut

    08/16/2017 8:58:31 PM PDT · by TBP · 6 replies
    The New York Post ^ | August 15, 2007 | Betsy McCaughey
    Dont be bamboozled. You dont have to be a business owner to benefit from business tax cuts. If your goal is more take-home pay, these tax cuts will help you. Data from 72 countries over 22 years show that raising corporate-tax rates hurts workers, while countries that lower corporate taxes enable their workers to earn higher wages. What the Democrats class warriors arent telling you is that business tax rates in the United States are higher than in any other developed country, making it hard for American companies to compete for investment capital. That disadvantage is worsening as many European...
  • The Self-Driving Car is Only an Oxymoron

    08/16/2017 8:27:55 PM PDT · by Lorianne · 43 replies
    Daily Impact ^ | 03 August 2017 | Tom Lewis
    Over at Tesla, Google, and Uber and now the contagion has reached Ford, General Motors, Chrysler and beyond the smartest guys in the room are talking autonomous vehicles. Over at every hedge fund, venture-capital and wealth-management shop in the universe, the smartest guys in the room are throwing money at the concept. Why? Because its the Next Big Thing, thats why. Billions of dollars are in play. Which is why we are seeing an avalanche of faux-news stories about the coming era of driverless cars, how theyre on the streets now, how well they are doing in testing,...
  • The new American Dream: rent your home from a hedge fund

    08/16/2017 8:21:56 PM PDT · by Lorianne · 3 replies
    Sovereign Man ^ | 15 August 2017 | Simon Black
    Buying and renting out single-family homes has long been the mainstay investment of small, individual investors. The big banks and hedge funds pretty much monopolize everything else. They own the stock market. They own the bond market. They own all the commercial real estate. They even own the farmland. Single-family homes were one of the last bastions of investment freedom for the little guy. But all thats changing now. Last week a huge merger was announced between Invitation Homes (owned by private equity giant Blackstone Group) and Starwood Waypoint Homes (owned by real estate giant Starwood Capital). If the deal...
  • NY Fed President Wants Consumers to Tap Home Equity: Didnt We Try That Before?

    08/16/2017 8:17:57 PM PDT · by Lorianne · 22 replies
    Mish Talk ^ | 14 August 2017 | Mike Mish Shedlock
    Heres one that came my way earlier today although the report was from January: New York Fed Chief Dudley has an Idea Homeowners Should Tap Into Equity. New York Fed President William Dudley on Tuesday encouraged homeowners to find prudent ways to tap into the equity that has built up in the homes, saying the boost in consumption would be a welcome shot-in-the-arm to the economy. The shape of household finances was a hidden strength of the economy, he said. The good news is that, while the current expansion is quite old in chronological terms, it is still relatively...
  • 'He missed a critical opportunity': Walmart CEO slams Trump for failing to 'unequivocally' reject

    08/16/2017 7:48:17 PM PDT · by Freedom56v2 · 62 replies
    Business Insider ^ | 8/15/17 | Hayley Peterson
    'He missed a critical opportunity': Walmart CEO slams Trump for failing to 'unequivocally' reject white supremacists McMillon has criticized President Trump for failing to "unequivocally" reject white supremacists in aftermath of their violent rally in Charlottesville, Virginia. "As we watched events and response from President Trump over weekend, we felt he missed critical opportunity to help bring our country together by unequivocally rejecting appalling actions of white supremacists," McMillon wrote in statement posted to Walmart's website. snip McMillon's full statement: Respect for the individual is one of our core beliefs at Walmart. And the role we play in communities around...
  • Goodell appears to have decided about National Anthem protests

    08/16/2017 3:41:11 PM PDT · by Hojczyk · 69 replies
    Hot Air ^ | August 16,2017 | Jazz Shaw
    Asked about players who did not stand for the national anthem before preseason games, NFL Commissioner Roger Goodell said Monday that while the playing of the anthem is a special moment to him, we also have to understand the other side. Goodell made the comments at University of Phoenix Stadium during a 45-minute question-and-answer period with Arizona Cardinals club seat holders. One season ticket-holder, Bruce Olson, asked the commissioner whether players were going to continue to protest during the anthem and if anything could be done about it. Its one of those things where I think we have to understand...
  • Live: NAFTA Talks Kicks Off in Washington

    08/16/2017 3:35:26 PM PDT · by Mechanicos
    YouTube ^ | 8/16/17 | New China TV
    The first round of negotiations on a new North America Free Trade Agreement (NAFTA) kicked off Wednesday in Washington.
  • Ammo Prices Drop: Vista Outdoors Looks to Consumer Internet Sales

    08/16/2017 1:44:20 PM PDT · by marktwain · 28 replies
    Ammoland ^ | 14 August, 2017 | Dean Weingarten
    Vista Outdoors is one of the major players in ammunition production in the United States and the world. It owns CCI and Federal. With the decrease in demand for ammunition and for sporting goods, its stock price has dropped. A year ago it was over $50 per share. This spring it fell below $20 for a brief period.Most of the drop is likely due to a decreased demand for ammunition. Vista has a strategy to increase ammunition sales, or at least to keep market share and increase profits. From lmtribune.com: Independent retailers and e-commerce will play a key role...