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Keyword: business

Brevity: Headers | « Text »
  • Trump's Dynamic Tax Policy

    11/29/2015 12:29:45 PM PST · by NaturalBornConservative · 10 replies
    Natural Born Conservative ^ | November 27, 2015 | Larry Walker II
    Lower Rates Across The Board:: By: Larry Walker, II ::Here's an excerpt from Donald Trump's Tax Plan which may be found on his official website www.donaldjtrump.com : TAX REFORM THAT WILL MAKE AMERICA GREAT AGAINThe Goals of Donald J. Trump's Tax PlanToo few Americans are working, too many jobs have been shipped overseas, and too many middle class families cannot make ends meet. This tax plan directly meets these challenges with four simple goals: Tax relief for middle class Americans: In order to achieve the American dream, let people keep more money in their pockets and increase after-tax wages. Simplify...
  • Sideling Hill center reopens amid relief, fingerpointing

    11/25/2015 8:03:13 PM PST · by Tolerance Sucks Rocks · 13 replies
    The Hagerstown Herald-Mail ^ | October 9, 2015 | Don Aines
    HANCOCK — The Sideling Hill Welcome Center is now more than just the most scenic set of fair-weather restrooms in Western Maryland after Lt. Gov. Boyd K. Rutherford and a host of elected officials on Friday reopened the facility, which has been closed for the last six years. Perched on the east side of Sideling Hill near Hancock, where a massive cut in the mountain rock allows Interstate 68 to pass through, the center was closed in 2009, in a move by former Gov. Martin O'Malley that did not sit well with many area residents. "It was done for political...
  • China, Africa trade volume exceeds $220bn in 2014-Official

    11/21/2015 4:28:42 PM PST · by Lorianne · 4 replies
    Star Africa ^ | 21 November 2015
    The Chinese Ambassador to Nigeria, Gu Xiaojie, said in Abuja that the trade volume between China and Africa as at 2014 exceeded $220 billion.This is contained in a statement on the forthcoming “6th Ministerial Conference of the Forum of China-Africa Cooperation” (FOCAC) signed by Xiaojie. Xiaojie said that China had been Africa’s largest trading partner for six years in a row since 2009, adding that China now had diplomatic ties with 50 African countries. He said China and Africa enjoy an increased cordial relationship with “growing political mutual trust, roaring fruitful economic cooperation, enhancing consultation and coordination in international affairs.
  • Lockheed’s airship gets the green light: FAA approves hybrid vehicle...

    11/20/2015 1:57:39 PM PST · by SatinDoll · 56 replies
    The Daily Mail ^ | Nov. 19, 2015 | Ellie Zolfagharifard and Hugo Gye
    Lockheed Martin has been given the green light to build its radical hybrid airship that will launch in 2018. The US Federal Aviation Administration has this week approved a certification plan developed by the company, taking it one step closer to starting commercial deliveries. Lockheed says the airships can transport heavy cargo to remote locations, burn significantly less fuel than conventional aircraft and land on any flat surface, including sand, snow and water.
  • NM Energy Outlook Summit: Forecasts hazy for industry in flux

    11/13/2015 6:28:20 PM PST · by brownwill6767
    Albuquerque Business First ^ | 11/13/15 | Sal Christ
    Panelists at Business First's second annual New Mexico Energy Outlook Summit yesterday offered but one common ground: Something needs to be done to turn the industry around. SPONSORED BY PEOPLE ON THE MOVE Tanja Jenkins Tanja Jenkins Boys & Girls Clubs of Central New Mexico Andrew G. Schultz Andrew G. Schultz City of Albuquerque Board of Ethics and Campaign Practices SPONSORTony Royle, CPA Tony Royle, CPA Moss Adams See More People on the Move Emceed by ABF publisher Candace Beeke, the event brought together Dr. Daniel Fine, associate director of the New Mexico Center for Energy Policy at New Mexico...
  • Fight-For-$15 Wage Group Demands $18.55 In Hourly Pay

    11/13/2015 5:00:26 AM PST · by expat_panama · 24 replies
    Investors Business Daily ^ | 11/12/2015 | JED GRAHAM
    The "Fight For $15" minimum-wage campaign demand might seem clear as day, but there's more than meets the eye — over $3 an hour more. Once all the nonwage costs, including payroll taxes, paid sick leave and the big one — ObamaCare's employer mandate — are added to the $15 base wage, minimum compensation for a full-time worker could rise as high as $18.55 an hour by 2020, an IBD analysis finds. It would be a jump of $10.75, or 138%, above the current $7.25 federal minimum and associated social insurance taxes. Wages and social insurance taxes would add $8.34...
  • How bad a boss is Linus Torvalds?

    11/12/2015 6:43:40 AM PST · by ShadowAce · 36 replies
    ComputerWorld ^ | 11 November 2015 | Steven J. Vaughan-Nichols
    I've known Linus Torvalds, Linux's inventor, for over 20 years. We're not chums, but we like each other.Lately, Torvalds has been getting a lot of flack for his management style. Linus doesn't suffer fools gladly. He has one way of judging people in his business of developing the Linux kernel: How good is your code?Nothing else matters. As Torvalds said earlier this year at the Linux.conf.au Conference, "I'm not a nice person, and I don't care about you. I care about the technology and the kernel-that's what's important to me." Now, I can deal with that kind of person. If...
  • Republicans All Agree We Need Tax Reform, But Senator Ted Cruz's Plan Holds The Most Promise

    11/10/2015 1:05:03 PM PST · by JSDude1 · 55 replies
    The Daily Caller ^ | 11/10/2015 | Gayle Trotter
    If nothing is certain in life but death and taxes, perhaps it's time to euthanize our tax system. The current tax system is massively complex and unfair. It discourages entrepreneurship and stunts economic growth. And yet the leading Democratic presidential candidates offer a consistent theme of more taxes. ..skip... Many of the Republican candidates propose tax reforms that promise to change our system from the bottom up to make it simpler, fairer, and growth-oriented. Of the proposals Senator Ted Cruz's holds the most promise. Cruz's plan would eliminate six categories of taxes: payroll taxes, Obamacare taxes, alternative minimum taxes, overseas...
  • Postal Service's 'Priority' Should Be Delivering Mail

    11/07/2015 5:27:33 AM PST · by Kaslin · 37 replies
    Townhall.com ^ | November 7. 2015 | Brian McNicoll
    Is the Postal Service taking its captive customers those who have no choice but to do business with it for granted? That's one of the suggestions of a recent report from the Tax Foundation. It is clear the Postal Service thinks one way about its commercial products and another about the delivery of regular mail on which it has a monopoly. For instance, the Postal Service's approach to its package delivery business has been to add seven-day-a-week delivery in 650 cities. According to a press release, "Sunday delivery serves the needs of valued customers in today's busy online world while...
  • IBD Ted Cruz Tax Reform: Economically, Politically Revolutionary - Intellectually Dominating

    11/05/2015 12:53:36 PM PST · by conservativejoy · 22 replies
    Bad Blue ^ | 11/5/2015 | Lewis K. Urler and Peter Farrar
    The tax-reform proposal unveiled by Ted Cruz last week is as transformative, intellectually dominating and economically and politically revolutionary for 2016 as Kemp Roth was in 1980. Indeed, even more so. Cruzs plan would scrap the current income tax code and replace it with a simple, single, flat rate of 10%, to be paid by everybody on everything , wages, profits, capital gains, dividends, rent, interest and all forms of individual income. No one would be able to claim that billionaires pay lower tax rates than their secretaries or that the system is rigged to favor the rich over the...
  • Standard Chartered shares sink on shock quarterly loss (job cuts)

    11/04/2015 6:40:55 PM PST · by Lorianne · 4 replies
    BBC News ^ | 03 November 2015
    Shares in Standard Chartered fell sharply after the Asia-focused UK bank said it would raise $5.1bn (£3.3bn) and cut 15,000 jobs by 2018. There was further bad news as Standard Chartered said it was the subject of two investigations by the Financial Conduct Authority relating to monitoring of sanctions and anti-money laundering compliance. The job cuts are part of a restructuring programme to take place over the next three years, but gave no details. The bank employs 86,000 people worldwide, but only about 1,800 in the UK. Standard Chartered remains under investigation by US authorities related to transactions involving Iranian...
  • Is your local Target closing?

    11/04/2015 12:54:04 PM PST · by matt04 · 45 replies
    MINNEAPOLIS -- Target (TGT) plans to close 13 stores nationwide, including one in New Ulm and two others in Milwaukee and Superior, Wisconsin. The Minneapolis-based retailer says a decision to close a store usually follows several years of decreasing profitability. The retail giant plans to close the stores on Jan. 30, 2016. Target was hurt by a massive credit-card breach before Christmas 2013 that sent shoppers temporarily fleeing. The company also botched a major expansion into Canada and pulled the plug on that earlier this year. Layoffs in 2015 included 2,500 jobs, or about one-fifth of the workers in the...
  • Feminization of America Is Bad for the World

    11/03/2015 8:17:49 AM PST · by Kaslin · 46 replies
    Townhall.com ^ | November 3, 2015 | Dennis Prager
    Last week the New York Times published an article, "Sweeping Away Gender-Specific Toys and Labels," that contained three sentences that explain one of the most important phenomena in American life. In discussing the increasing move to do away with gender-specific toys something the New York Times approves of the article quoted Tania Missad, the "director of global consumer insights" at one of the world's largest toy manufacturers, Mattel: "Mattel's research showed some differences in what girls and boys wanted in their action figures, Ms. Missad said. 'For boys it's very much about telling a story of the good guy killing...
  • Volatile times loom for NMs oil patch

    10/26/2015 3:30:15 PM PDT · by brownwill6767 · 2 replies
    Albuquerque Journal ^ | 10/26/15 | Kevin Robinson-Avila
    nery in Artesia. (Roberto E. Rosales/Albuquerque Journal) By Kevin Robinson-Avila / Journal Staff Writer Published: Monday, October 26th, 2015 at 12:02am Updated: Monday, October 26th, 2015 at 10:52am Editors note: An earlier version of this story contained an incorrect time frame in a quote from Dan Fine about when prices might dip into the $23 to $28 per barrel range. The quote has been corrected to show that projection for late 2017. New Mexicos oil and gas industry is bracing for another round of volatile ups and downs in crude prices that could push the market and ultimately production...
  • How the Global Financial Crisis Will Produce Europes 10 Kings

    10/25/2015 8:23:24 PM PDT · by Aquamarine · 52 replies
    The Trumpet ^ | October 2015 Edition | Gerald Flurry
    Americas banking crisis will reshape Europe financiallyand politically. One of the greatest prophecies in the Bible is about the union of European nations. More specifically, its about the political union of 10 European nations. For decades, people in Europe have tried to forge a cohesive political union. To that end, they have created the present, loosely hinged 28-nation European Union. Yet Revelation 17 says there are going to be 10 kings there that will unite politically and form a real superpower: a modern-day Holy Roman Empire. Bible prophecy also reveals that this European superpower will be led by a strong...
  • Were getting the right all wrong: The surprising origins of modern conservative movement

    10/25/2015 12:58:50 AM PDT · by Cincinatus' Wife · 38 replies
    Salon ^ | October 24, 2015 | Elias Isquith's interview with Kathryn Olmsted
    They also linked Roosevelt with socialists and, further to the left, communists. Communists, of course, had very progressive ideas about gender roles and race equality. So the opponents of the New Deal said, Look, he is just a communist and communists are atheists, want women working outside the home and want to help Mexican-Americans in California organize and essentially challenge white supremacy. They associated Roosevelts liberalism with what they saw as radical changes in gender roles, racial hierarchies, and religious attitudes in California.With the notable exception of #tcot and National Reviews Kevin Williamson, most informed and engaged observers of American...
  • If McDonalds goes under it will be because they followed liberals to disaster

    10/21/2015 10:51:48 AM PDT · by Kaslin · 164 replies
    Hot Air.com ^ | October 21, 2015 | JAZZ SHAW
    I saw a sad but not totally unexpected news item from John Hawkins this morning regarding one of America’s premiere dining outlets… McDonald’s. The House That Ronald Built has fallen on hard times, with some estimates indicating that a significant portion of the franchises are currently insolvent or seriously in the red. The dire warnings from franchise owners are including phrases such as, “these are the final days.” (Yahoo News) McDonald’s franchisees believe the brand is in a “deep depression” and could be facing its “final days,” according to a new survey.“We are in the throes of a deep depression,...
  • 'This Economy Is Stronger Than Its Reputation'

    10/20/2015 6:52:21 AM PDT · by blam · 8 replies
    BI ^ | 10-20-2015 | Myles Udland
    Myles UdlandOctober 20,2015Is the economy about to tip into recession? Strategists on Wall Street have talked about the US falling into an "earnings recession," a "revenue recession," and the possibility of a full-on economic recession that would see the economy shrink. But in an email on Tuesday, Deutsche Bank economist Torsten Slk wrote that despite the incessant drumbeat he hears from clients about an economy doing worse than people are willing to acknowledge, the exact opposite is in fact true: things are way better than people recognize. "In client meetings I frequently hear statements such as 'the US economy is...
  • The model minority is losing patience

    10/07/2015 2:13:41 PM PDT · by MadIsh32 · 35 replies
    The Economist ^ | 10/07/2015
    MICHAEL WANG, a young Californian, came second in his class of 1,002 students; his ACT score was 36, the maximum possible; he sang at Barack Obamas inauguration; he got third place in a national piano contest; he was in the top 150 of a national maths competition; he was in several national debating-competition finals. But when it came to his university application he faced a serious disappointment for the first time in his glittering career. He was rejected by six of the seven Ivy League colleges to which he applied. I saw people less qualified than me get better offers,...
  • Q3 Earnings Will Be Weak, And It's Not Just Energy

    10/07/2015 4:06:06 AM PDT · by expat_panama · 16 replies
    Investors Busniness Daily ^ | 10/06/2015 | CIARAN MCEVOY
    The third quarter was a bumpy ride for investors, with violent swings in stocks, weakness in China, Federal Reserve uncertainty and a battered energy sector. Now, earnings season will likely show how companies struggled to handle those headwinds. S&P 500 companies are expected to report that Q3 profits fell 4.4% on a 3.5% revenue drop, according to analysts tracked by Thomson Reuters. Excluding energy, S&P 500 companies are expected to grow earnings 3.2% and sales 2.1%. Either way, that would be the worst since Q3 2012. Actual results are likely to be a couple of percentage points higher than official...
  • Can the U.S. Remain An International Financial Center?

    10/01/2015 4:37:22 AM PDT · by expat_panama · 7 replies
    Real Clear Markets ^ | October 1, 2015 | Daniel Gallagher & Hal Scott
    For as long as most of us can remember, the U.S. capital markets have been the envy of the world, promoting the free movement of capital and propelling innovation and growth within a framework of stability and the rule of law. But can the U.S. remain an international financial center? To be blunt, the answer is no-at least, not without major reforms. This may surprise many who are comfortable thinking of the U.S. capital markets as the envy of the world. But increasingly, our foreign counterparts view us not with envy, but as a cautionary tale. Concerns regarding the competitiveness...
  • 12 Trump Businesses that went belly-up

    Donald Trump catapulted himself into the spotlight with his gilded real estate ventures and vibrant personality. The latter is what has made his show "The Apprentice" such a huge success. And over the years, he's had an opinion or two about the business world. "In the end, you're measured not by how much you undertake but by what you finally accomplish," Trump once said. But like any successful business person, Trump has had his share of setbacks. Here, we present to you 12 Trump businesses that went belly up or no longer exist.
  • Obama Calls GOP Obstructionism Americas Biggest Threat [semi-satire]

    09/21/2015 11:48:06 AM PDT · by John Semmens · 3 replies
    Semi-News/Semi-Satire ^ | 19 Sep 2015 | John Semmens
    In a speech before the Business Roundtable President Obama urged corporate leaders to lobby the Republican Congress and ask their representatives to support increased budgetary authority. Republican propaganda would cast Chinese hackers, Russian military adventures, or Islamic terror as the gravest threats to our way of life, the president said. Dont fall for it. Nothing is as great a threat as the possibility that the omnibus budget wont be approved in time to avert a government shutdown. While not totally dismissing these other dangers, Obama told the business leaders that these are more distant and dissipated sources of trouble. Even...
  • Trump Personal Business Distractions

    09/20/2015 11:44:57 AM PDT · by NGC 6822 · 94 replies
    For weeks I have been wondering why no media reporter, GOP candidate, debate moderator, network political analyst or individual citizen has asked Mr. Trump a very simple and basic question. Mr. Trump, if you are elected president, who will manage your businesses? I do not think this is a trivial question. The job of president demands 100% mental dedication and cannot tolerate conflicts with personal business interests. Owning an on-going business is not the same as putting a stock portfolio in a blind trust. To be sure Mr. Trump does have many managers to run day-to-day operations. But, I see...
  • Editorial: Governors energy plan is excellent future blueprint

    09/20/2015 8:10:27 AM PDT · by brownwill6767 · 1 replies
    Albuquerque Journal ^ | 9/20/15 | Albuquerque Journal Editorial Board
    New Mexico has a wealth of energy resources. And now it has a comprehensive plan to help guide development of those riches to grow the states economy. Last week at the 2015 Southeastern New Mexico Mayors Energy Summit in Carlsbad, Gov. Susana Martinez laid out a broad all of the above energy policy. There is no reason we shouldnt be an energy leader, she later told attendees at the eighth annual Domenici Public Policy Conference in Las Cruces. Her plan embraces a wide range of energy sources, ranging from oil and gas to solar, wind and up-and-coming technologies, such as...
  • Trump throws more barbs about Fiorina's business record

    09/18/2015 1:00:01 AM PDT · by Vision Thing · 47 replies
    this is CNN ^ | September 18, 2015 | Jeremy Diamond
    Donald Trump couldn't resist the opportunity on Thursday to knock businesswoman Carly Fiorina during a campaign stop in New Hampshire. "I thought I'd wait a couple of days before I expose her business failure," Trump said. "But honestly, it's so ridiculous." But Halyna Sorensen's question during a town hall-style event that drew 3,000 people was too perfect for Trump to turn down, sending Trump spiraling into the latest iteration of his criticism of Fiorina's controversial business record -- not just at Hewlett-Packard, but at a lesser-known technology company called Lucent. Sorensen, 66, was a Lucent employee when Fiorina took over...
  • Bernie Sanders (Like All Socialists) is a Thief Claiming to be a Humanitarian

    09/15/2015 10:58:38 AM PDT · by TBP · 26 replies
    Godfather Politics ^ | September 15, 2015 | Gary DeMar
    Most people don't know what a socialist is. Socialist sounds too much like "social." A socialist, I suspect, for most Americans means to be "social." Who could be opposed to that? Bernie Sanders is a Socialist. In reality, he's a theft using the respectability of the United States Senate as cover for his criminal views. Like all socialists, Sanders believes it's OK to steal from people if he can get enough votes and enough support from the people he will be stealing for -- the beneficiaries of his thieving ways. Of course, Sanders isn't the only socialist in Congress. Most...
  • Everything you want to know about Donald Trump's bankruptcies

    09/06/2015 2:12:30 AM PDT · by Cincinatus' Wife · 204 replies
    CNN-Money ^ | September 1, 2015 | Chris Isidore
    ".... Trump claims that successful businesses file for bankruptcy all the time. At the debate he said "virtually every person that you read about on the front page of the business sections, they've used the [bankruptcy] law." But the facts don't back that comment up. Despite high profile examples, including General Motors (GM), Lehman Brothers and most of the nation's major airlines, fewer than 20% of public companies with assets of $1 billion or more have filed for bankruptcy in the last 30 years, according to data from Bankruptcy.com and S&P Capital IQ. Trump has never filed for personal bankruptcy....
  • Govt Accuses Company Of Discrimination Over Employees Having To Prove Citizenship Status

    09/04/2015 4:50:03 PM PDT · by Enlightened1 · 27 replies
    The Washington Free Beacon ^ | 09/03/15 | Joe Schoffstall
    The Department of Justice has accused a business of discrimination due to the company requiring employees to show proof of citizenship for employment. The DOJ claims that Nebraska Beef Ltd., a Nebraska-based meat packing company, required non-U.S. citizens, but not similarly-situated U.S. citizens, to present specific documentary proof of their immigration status to verify their employment eligibility. After receiving pressure from the government, Nebraska Beef agreed to pay $200,000 in a civil penalty settlement and said they will establish an uncapped back pay fund for people who lost wages because they could not prove they are in the country legally....
  • U.S. stock futures rise ahead of jobless claims, ECB meeting

    09/03/2015 4:36:49 AM PDT · by expat_panama · 33 replies
    Market Watch ^ | Sept 3, 2015 | Sara Sjolin
    U.S. stock futures were comfortably in positive territory Thursday ahead of U.S. jobless claims data, as well as the latest policy decision from the European Central Bank. The early move follows an upbeat session in Asia, where the volatile Chinese markets are closed for two days. Futures for the Dow Jones Industrial Average YMU5, +0.24% climbed 67 points, or 0.4%, to 16,397, while those for the S&P 500 index ESU5, +0.20% added 7.15 points, or 0.4%, to 1,954.25. Futures for the Nasdaq 100 index NQU5, +0.21% gained 24 points, or 0.6%, to 4,284. The indicated advances come after all three...
  • How This New Government Ruling Destroys the Franchise Business Model

    08/29/2015 8:04:06 AM PDT · by Rusty0604 · 55 replies
    The Daily Signal ^ | 08/28/2015 | James Sherk
    The National Labor Relations Board (NLRB) just issued a ruling likely to destroy the franchise business model. To understand how far-reaching this could be, it should be noted that almost 9 million Americans work at over 780,000 franchised businesses. From Jiffy Lube to Terminex to Wendys, franchises enable many Americans to run their own small businesses without having to design and market everything from scratch. Franchising is a particularly important opportunity for minority entrepreneurs. Franchises are almost 50 percent more likely to be minority-owned than non-franchised businesses. If this ruling stands, minority Americans wont get that chance. The recent ruling...
  • Number of Michigan Schools Privatizing Services Grows to 70 Percent

    08/25/2015 6:51:34 AM PDT · by MichCapCon
    Michigan Capitol Confidential ^ | 8/23/2015 | James Hohman
    There are more Michigan public schools contracting out food, custodial or transportation services than ever, according to the Mackinac Centers latest survey of school districts. This year, 70.8 percent of school districts use private-sector vendors to clean buildings, get kids to school, or cook and serve school meals. This is up from 66.6 percent the previous year. Getting more of the private sector involved in a supporting role in school districts is a long-term trend. In 2001, only 31 percent of districts contracted out these services and it took a decade before more than half of districts contracted out. Our...
  • China's stock markets opens sharply lower as rout shows no sign of let-up

    08/24/2015 6:54:40 PM PDT · by Pete from Shawnee Mission · 24 replies
    South China Morning Post ^ | Tuesday, 25 August, 2015, 9:18 pm EST | Enoch Yiu
    Shanghai shares crumbled from fresh selling on Tuesday as a rout shows no sign of slowing down in the market as investors flee the market. The Shanghai Composite Index opened at 3,004.13 point, down 6.41 per cent, or 205.87 points. The CSI300 index of Shanghai-Shenzhen large cap stocks opens at 3,070.01 , down 6.27 per cent or 205.52points. The Shenzhen Composite Index opens at 1,751.28, down 6.97 per cent or 131.18 points. The NASDAQ-style ChiNext Price Index dropped 6.94 per cent, or 149.30 points to open at 1,996.04..
  • Staring into a void, investors pull cash from harm's way

    08/20/2015 5:29:26 PM PDT · by SkyPilot · 59 replies
    Yahoo Finance ^ | 20 Aug 15 | By Michael Santoli
    If nature abhors a vacuum, investors arent so crazy about them either. Its hard to avoid all the voids right now. The August Wall Street vacation evacuation is well underway, markets are facing an absence of inflation, huge air pockets underneath commodities and emerging-market currencies and a vexing lack of clarity about what the Fed might do in less than a months time. The collective response to this environment devoid of strong conviction has been to pull cash out of riskier markets and wait. Barclays Capital says more than $90 billion has sought the shelter of money-market funds in...
  • S&P erases gains for year as stocks plunge 2% on Fed, growth concerns

    08/20/2015 5:18:45 PM PDT · by SkyPilot · 31 replies
    CNBC ^ | 20 Aug 15 | CNBC staff
    U.S. stocks closed near session lows on Thursday, off more than 2 percent, as investors weighed continued uncertainty about the timing of a rate hike and concerns about global growth headed by slowing in China. The S&P 500 and Dow Jones industrial average both had their worst day since Feb. 3, 2014. "I think the markets are overly pessimistic," said Anthony Valeri, investment strategist at LPL Financial. "I think this sentiment is panicking over news from China, the Fed (and) oil at six-year lows." Weakening in emerging market currencies on the heels of China's yuan devaluation last week added to...
  • TRADER: Prepare For 'The Most Bullish Event For Equities In 2015'

    08/19/2015 9:28:51 AM PDT · by blam · 11 replies
    BI ^ | 8-19-2015 | Akin Oyedele
    Akin Oyedele August 19-2015 Dave Lutz at Jones Trading says a rate hike from the Federal Reserve will be the best thing that happens to the stock market this year. One big concern around rate hikes is that higher borrowing costs put pressure on company earnings, and ultimately, on stocks. However, Lutz noted in a client email on Wednesday that investors would see a rate hike as a clear sign that the economy is on the up. Other analysts have pointed out that stocks have rallied in the months leading up to, and for at least six months after a...
  • Breaking the Rules

    08/19/2015 5:06:24 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | August 19, 2015 | John Stossell
    Humans need rules. Rules make life more predictable. But when the rules multiply, the world needs some rule-breakers. The creator of the underground website Silk Road, Ross Ulbricht, was sentenced to life in prison for creating an online space that allowed people to use bitcoins to buy and sell things. Some used Silk Road (named after Marco Polo's trading route from China) to sell illegal drugs. People do that anyway, even without Silk Road; since the site's closing, numerous similar websites have taken its place. The prosecution implied (but never really argued) that Ulbricht planned murders. That would certainly be...

    08/18/2015 6:40:15 PM PDT · by Lorianne · 48 replies
    Burning Platform ^ | 15 August 2015
    The government issued their monthly retail sales this past week and four of the biggest department store chains in the country announced their quarterly results. The year over year retail sales increase of 2.4% is pitifully low in an economy that is supposedly in its sixth year of economic growth with a reported unemployment rate of only 5.3%. If all of these jobs have been created, why arent retail sales booming? The year to date numbers are even worse than the year over year numbers. With consumer spending accounting for 70% of our GDP and real inflation running north of...
  • AT&T/Verizon-NSA Partnership Shows Why Government And Businesses Shouldnt Mix

    08/17/2015 6:39:15 AM PDT · by MarvinStinson · 3 replies
    hotair ^ | August 16, 2015 | Taylor Millard
    Excerpt: One of the biggest complaints in the original 2009 tea party protests was the governments decision to bail out the banks, plus the auto industry. FreedomWorks compared ex-Congressman Barney Frank to Wesley Mouch from Atlas Shrugged, Heritage Foundation wrote the auto bailout was sold on empty promises, and Michelle Malkin pointed out how many earmarks there were in the 2009 omnibus spending bill. Its something conservatives and libertarians have complained about for years. Governments and businesses shouldnt mix at all. A prime example is NSAs team up with AT&T (and Verizon) to spy on the Internet The N.S.A.s top-secret...
  • Donald Trump scrutinised on link to alleged Australian pyramid scheme (Misleading headline)

    08/14/2015 3:11:35 PM PDT · by 2ndDivisionVet · 15 replies
    The Australian Financial Review Magazine ^ | August 14, 2015 | John Kehoe
    Donald Trump's endorsement of a phone marketing company pursued by the Australian consumer watchdog for allegedly operating as a pyramid scheme, has put the American presidential candidate's business dealings under new scrutiny. Mr Trump earned more than a $1 million from promoting ACN, a North Carolina multilevel marketing firm that the former reality TV show host trumpeted as making "amazing" video phones. "I simply can't imagine anybody using this phone and not loving it," Mr Trump reportedly said in 2011, as part of a promotion tied to the Celebrity Apprentice show he fronted. However, the video phone failed to be...
  • Tesla burns cash and loses more than $4,000 on every car it sells

    08/09/2015 10:29:21 AM PDT · by SeekAndFind · 22 replies
    Business Insider ^ | 08/08/2015 | JOSEPH WHITE AND PAUL LIENERT, REUTERS
    It's crunch time for Tesla Motors. The Silicon Valley automaker is losing more than $4,000 on every Model S electric sedan it sells, using its reckoning of operating losses, and it burned $359 million in cash last quarter in a bull market for luxury vehicles. The company on Wednesday cut its production targets for this year and next. Chief Executive Elon Musk said he's considering options to raise more capital and didn't rule out selling more stock. Musk has taken investors on a thrill ride since taking Tesla public in 2010. Now he's given himself a deadline, promising that by...
  • A phrase that altered history: "I do not choose to run..."

    08/08/2015 1:42:32 PM PDT · by re_nortex · 37 replies
    August 8, 2015 | Self
    It was 88 years ago this month that President Calvin Coolidge handed out strips of paper (that he cut himself) to members of the press during a brief conference with these words: I do not choose to run for President in 1928. This stunning event took place at the Summer White House in the Black Hills of South Dakota on August 2, 1927. The implications of Coolidge not actively seeking the Republican presidential nomination for 1928 reverberate to this day. While the terse phrasing appeared to leave the door open for a draft movement, the result was that Herbert Hoover...
  • Wall Street gears up for nonfarms Friday

    08/07/2015 4:34:43 AM PDT · by expat_panama · 9 replies
    Yahoo Finance ^ | Fri, Aug 7, 2015, | CNBC.com staff
    U.S. stock index futures indicated a higher open on Friday with investors eyeing the latest release of U.S. jobs data, which are due at 8:30 a.m. ET. The economy is expected to have added 223,000 nonfarm payrolls in July, enough to allow the U.S. Federal Reserve to pull the trigger on its first rate hike in nine years. The Fed will consider a possible first rate hike at its September 16 and 17 meeting, but economists say that even with a strong jobs report, it is far from clear cut when the central will move off of the zero fed...
  • Heres Exactly How Much More Money You Will Spend on Fast Food If Workers Get $15 Minimum Wage

    08/01/2015 7:41:59 AM PDT · by Hojczyk · 52 replies
    Ijreview ^ | July 31, 2015 | REID MENE
    Researchers at Purdue Universitys School of Hospitality & Tourism Management recently asserted that if McDonalds were to pay their employees $15 an hour, the cost of a Big Mac would go up by 17 cents. According to the studys findings, the proposed minimum wage hike would, in general, spike the average meal cost at a limited-service establishment to upwards of 30 more cents a visit: Another option proposed by Ghiselli to accommodate the minimum wage increase would be to downsize menu items. For example, burgers would see a 12% decrease in size at most establishments.
  • The Donald Phenomenon Part One

    07/31/2015 10:02:50 AM PDT · by Oldpuppymax · 7 replies
    Coach is Right ^ | 7/31/15 | Ed Wood
    Ever since Donald Trump literally exploded onto the political scene, tens of thousands of words have been written by all stripes of political junkies trying to figure out just what do we have here. Is he a shoot-from-the-hip kind of loudmouth, as he is being made out to be, or is he perhaps the real thing? Is he the kind of true believer we havent seen since the days of Harry S Truman? A few of you may be old enough to remember that Ol Harry called em as he seen em. He publicly likened the smell of his political...
  • Trumps business plan for media apprentices

    07/31/2015 9:41:33 AM PDT · by Sean_Anthony · 12 replies
    Canada Free Press ^ | 07/31/15 | Judi McLeod
    Trumping the Media America: If you want to get past the malignant force choking off every last scrap of your liberty and freedom, you have to go back to school, the one that instructs you how to deal more effectively with an in-the-governments-pocket mainstream media. With the Republican majority sent to D.C. now in league with the Democrats, theres no other way. Rooting out self-serving politicians ruining the lives of the average means getting by a media dedicated to keeping them in office.
  • The thing about flat stock markets [The Market Is Running Out of Breath & Breadth]

    07/31/2015 5:30:56 AM PDT · by expat_panama · 25 replies
    Fortune ^ | July 30, 2015 | oshua Brown
    Flat markets, like the one we are in right now, do not suggest any particular outcome when the S&P 500 finally breaks out of its slumber. You might have looked at your last brokerage statement and wondered why youre no longer seeing the asset balance increasing like it had been. You may have taken a glance at your 401(k) the other day and wondered why its barely budged since Thanksgiving, excluding the contributions youve been making every two weeks. Youre not crazy. The U.S. stock market has essentially gone nowhere... [snip] Market watchers have noted that the trading range (difference...
  • Diagnosing the World's Economic Malaise

    07/30/2015 3:34:09 AM PDT · by expat_panama · 29 replies
    Investors Busniness Daily ^ | 07/29/2015 | ROBERT J. SAMUELSON
    To understand the economy, you've got to resort to psychology. Throughout the recovery, forecasters including those at the Federal Reserve and the International Monetary Fund have repeatedly overestimated the economy's strength. They've predicted faster economic growth than has occurred.The main reason for the errors, I have argued, is that the forecasters have underestimated the influence of the financial crisis and Great Recession on people's confidence. Lower confidence reduced Americans' willingness to spend. My argument has applied to the United States. Some new figures now suggest that the same phenomenon operates globally.The figures come from the Pew Research Center,...
  • 11-Year-Old Runs Successful Ice Cream Business

    07/24/2015 2:46:07 PM PDT · by nickcarraway · 15 replies
    KDSK | July 24, 2015
    11-Year-Old Runs Successful Ice Cream Business
  • State's Corporate Welfare Agency Has a History of Secrecy

    07/22/2015 6:02:55 AM PDT · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 7/21/2015 | Jack Spencer
    Since its creation in 1999 as the state's primary agency in charge of economic development programs, the murky, nontransparent nature of the Michigan Economic Development Corporation has been a concern. Former Democratic State Rep. Joseph Rivet of Bay City says he raised alarms about it soon after then-Gov. John Engler created the MEDC. Engler created the agency by means of an executive order authorizing a so-called interlocal agreement between a state department and local economic development agencies. It replaced another Engler creation, the Michigan Jobs Commission. The rationale for its unusual structure was to give the agency greater flexibility than...