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Tuesday, 30 June 2015
Robert Reich: America is facing an economic apartheid
The former secretary of labor reflects on the Supreme Court's landmark housing discrimination ruling
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Wisdom Of The Crowds? Online Effort Seeks To Raise Funds For Greece
A crowd-funding effort to get the $1.8 billion Greece needs to make a loan payment to the International Monetary Fund has so far raised $124,569. Donors get gifts ranging from salads to gift baskets.
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Greek failure to make IMF payment deals historic blow to eurozone
Athens left without financial lifeline following fortnight of non-stop brinkmanship at highest level of EU leadership
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Bitcoin Is Unsustainable
The year is 2018. After a rough Greek exit from the eurozone, economic malaise has spread to Italy, Portugal, Spain, and France. Nervous citizens across Europe look for a way to get their money out as currency traders hammer the weakening euro, banks impose withdrawal limits, and their purchasing power plummets. Enter Bitcoin.
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All In: The Bush Family Goes for Number Three
It's happening. As expected, dynastic politics is prevailing in campaign 2016. After a tease about as long as Hillary's, Jeb Bush (aka Jeb!) officially announced his presidential bid last week. Ultimately, the two of them will fight it out for the White House. By Nomi Prins.
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Bookstores Plan Rollout for Next Harper Lee Novel
Booksellers are finding creative strategies for drawing in customers for the release of Harper Lee’s second novel, including midnight openings, Southern food and discussion groups.
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With No Credit Cards Allowed, No Cash In ATMs, No Banks Open, Tourists In Trouble In Greece
Banks all across Greece are closed today, and will remain closed for the rest of the week. Not because it’s a holiday, but because the Greek government is trying to stop the banking system from collapsing as money flows out of the country while its long-running debt crisis reaches a critical point. As a result, tourists in Greece are finding themselves unable to pay for basics like food and shelter.
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Only 16 of world's highest-paid celebrities are women, Forbes finds
Katy Perry is highest-ranked woman in third place on magazine’s list as men’s greater earning power reflects gender pay gap in wider society
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Will Baby Boomers Change the Meaning of Retirement?
“Now that we’re living so much longer, we do not know what we will be doing with all that time.”
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Someone Is Trying to Crowdfund a Greek Bailout, and Donations Are Surging
A new campaign has been set up on Indiegogo, an online funding website with a mission of "empowering everyone to change the world." With a goal of raising 1.6 billion euros, the "Greek Bailout Fund" aims to do what the Hellenic Republic's creditors apparently cannot. And, unlike Greece's actual bailout package there are no (austerity) strings attached. Only 1,599,917,718 euros to go.
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When a Company Is Put Up for Sale, in Many Cases Your Personal Data Is Too
Some consumer websites say they will not sell users’ data, but unrestricted-data clauses allow them to transfer it if a merger or other transaction occurs.
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Fast Track to the Corporate Wish List
The Trans-Pacific Partnership displays a deep rift in the Democratic Party.
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Slow-motion tragedy for American workers
Lung-damaging silica, other toxic substances kill and sicken tens of thousands each year as regulation falters
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Farming Without Water
As California faces its fourth year of drought, the farmers who supply half of U.S. fruits and vegetables are trying to figure out how to conserve their scarcest resource.
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Good news for the 99%...absolutely killer news for the 1%
The 99% finally saw their income grow in 2014. But income inequality grew as well.
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Monday, 29 June 2015
This Is Why Your Rent Is Too Damn High
Fewer Americans are moving into homeownership, which means affordable rentals are getting more difficult to find.
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Greek debt crisis: Banks to stay shut, capital controls imposed
Greek banks are to remain closed and capital controls will be imposed, Prime Minister Alexis Tsipras says. Speaking after the European Central Bank (ECB) said it was not increasing emergency funding to Greek banks, Mr Tsipras said Greek deposits were safe. Greece is due to make a €1.6bn (£1.1bn) payment to the International Monetary Fund (IMF) on Tuesday - the same day that its current bailout expires.
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How a law that failed to protect eagles could offer a lesson to save honeybees
The Bald Eagle Protection Act, signed into law 75 years ago on June 8, 1940, was well-intended. A multi-pronged assault on the raptors was taking its toll...
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NBC to Donald Trump: You're Fired
NBCUniversal has cut ties with Donald Trump, the 2016 Republican presidential candidate and reality TV star, for his "recent derogatory statements" about Mexican immigrants, the company announced on Monday.
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How Eurocrats, Greeks, Germans, and Eastern Europeans View the Greek Crisis
The Syriza government in Greece just made the move of proposing a referendum on the creditors’ last (unacceptable) offer, so the Greek people can now choose a destiny from a set of unpleasant destinies to which history has brought them.
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Bernie Sanders: Single-payer 'Medicare for all'
Bernie Sanders isn't satisfied with the Supreme Court's affirmation last week of President Barack Obama's health care law.
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Legal Fight Centers on Recipes of 'M-A-S-H' Hot Dog Eatery
Ownership of secret recipes and ingredients from an Ohio restaurant made famous on the TV series
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Big business declares war on science: The secret story of the Chamber of Commerce’s battle against the environment, global warming action
The companies that formed the United States Climate Action Partnership were motivated, mostly, by their usual spur: profit. Their executives could see oh so clearly that Congress was poised to rein in greenhouse gas emissions. If a cap-and-trade carbon crackdown could yield a money-making opportunity or competitive advantage—-well, that was something these companies could get behind.
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Google's Plan to Bring Free Superfast Wi-Fi to the World Has Begun
Your prayers have been finally answered – that is, if you asked for Google to come to New York City with free Wi-Fi for all. Because that’s totally happening this year, and it’s all part of Google’s grandiose plan to bring free Wi-Fi to the world. According to Bloomberg, Google has already set up a company that’ll handle the free Wi-Fi job in the Big Apple. Sidewalk Labs is the Google-backed startup that will turn 10,000 of New York’s old...
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U.S. Manufacturing costs are almost as low as China’s
“Made in the U.S.A” is becoming more affordable. The reason? Fracking. You don’t need to a Nobel Prize in economics to know that the fracking revolution has been good for the U.S. What’s not so well known is just how competitive cheap oil and gas has made American manufacturing. BCG, the Boston consultancy, estimates the average cost to manufacture goods in the U.S. is now only 5% higher than in China and is actually 10% to 20% lower than in major European economies.
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Sunday, 28 June 2015
North Dakota’s Oil Boom Is Over. What Now?
Thousands flocked to the state, building their lives around drilling. Then the price of oil plummeted.
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Ello mocks Facebook by being creepy
Remember Ello? Ello first grabbed the attention of the tech world last fall by billing itself as the "anti-Facebook" social network, railing against the Facebook's targeted advertising and offering up a bare-bones ad-free alternative. But as with most aspiring Facebook challengers, its spotlight dimmed as quickly as it began. Now, in a bid to reclaim some of that buzz, the social media upstart is buying its own ads from its Goliath competitor — and turning them into winking jabs...
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Why We Must Fight Economic Apartheid in America
Almost lost in the hullabaloo over the Supreme Court’s decisions last week upholding the Affordable Care Act and allowing gays and lesbians to marry was its decision on housing discrimination. It’s significant and timely.
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How Icelandic Yogurt Invaded America
Thanks to a heavily bearded, self-proclaimed viking named Smári Ásmundsson, "skyr" — the thick, sour yogurt of Iceland — lines nearly every natural foods store in America. But the journey wasn't easy.
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Same-Sex Couples Face the Music: First Comes Love, Then Taxes
Getting married is both an emotional decision and an economic one, something that same-sex couples in the states that have allowed them to legally wed have been finding out since 2004.
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Teen’s Facebook office parody gets out of hand
You might not think a bored teenager would know much about office life.
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Canada Saves Public From Public Domain, Extends Copyright On Sound Recordings Another 20 Years
Lest it be left behind by other countries bullied into submission by US trade agreements, the Canadian government has now expanded copyright terms for recording artists from 50 years to 70 years. (It was previously passed, but has now received the Official Royal Assent.) While not as obnoxiously long as the terms afforded to songwriters (life plus 50 years… which will probably be life plus 70 before too long..)
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Marketing Has Discovered Neuroscience, but the Results Are More Glitter Than Gold
The idea behind neuromarketing is that the brain can reveal hidden and profitable truths, but the reality is a mixture of bad science, bullshit and hope.
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5 Powerful Books to Improve Your Life
A book is a powerful external force that can change everything about who you are
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Sci-Hub Tears Down Academia’s “Illegal” Copyright Paywalls
In a lawsuit filed by Elsevier, one of the largest academic publishers, Sci-Hub.org is facing millions of dollars in damages. However, the site has no intentions of backing down and will continue its fight to keep access to scientific knowledge free and open.
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Tsipras gambles Greece
The Greek PM is offering the people a choice between bad and extremely bad. Capital controls are likely before a July 5 vote on the creditors’ terms. It’s not clear their offer will be on the table even if the people want it. If they don’t, the drachma and more misery lie ahead. By Hugo Dixon.
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Are You a Hotel?
Airbnb works at nothing so hard as arguing that it is good for the local economies—bringing new, spendy people to town while it helps regular folks pay their rent—and not a twenty-four-billion-dollar company that is siphoning off an already highly constrained supply of apartments in cities like New York. Except, perhaps, putting forward the idea that it is most definitely not a hotel operator.
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Saturday, 27 June 2015
7 Creative Content Ideas for Your Ecommerce Site
Creative content can go a long way toward keeping buyers engaged. Here are some good examples to get you started.
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Buying a car could soon be a thing of the past, and Ford is desperate to find what’s next
Ford last month sent letters to 14,000 of its American drivers with an unusual suggestion: For extra cash, they could rent their cars to fellow urbanites wanting a cheap ride. America's second-biggest auto giant wouldn't directly sell any additional cars or trucks off the arrangement; it wouldn't even take a cut. But it would put Ford closer to the front of a movement in which cars are shared, ignored or Uber-ed — not bought.
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Between Kickstarter’s frauds and phenoms live long-delayed projects
In my view, consumer printers are hulking and inscrutable plastic machines, worse to look at than to use. When industrial design students need to be punished, they have to sit alone in a room with one. So a year ago, I got excited about a new Kickstarter project that promised to change the printing design paradigm. Zuta Labs' printer looked like a tiny marvel: a little machine the size of a large apple that walked across pieces of paper, leaving ink footprints.
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The BBC’s Inept but Revealing Attempt at a Game Theoretic View of Greek Crisis
By William K. Black.
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Troubled Delta System Is California’s Water Battleground
The fight pits the north against the south, farmers against environmental groups, farmers against one another and residents against the governor.
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Should You Ever Link Your Bank Account to an App?
Consumers routinely share their online banking passwords with third-party apps that help with everything from budgeting to tax preparation. Apparently banks would like this to stop. JPMorgan Chase posted this notice on its website in April... “If you give out your chase.com User ID and Password, you are putting your money at risk,” says a page titled Guard Your ID and Password. “Some websites and software offer tools to help you with budgeting...
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Postmates Raises $80 Million in Push Toward $1 Deliveries
Postmates has an ambitious goal: $1 deliveries in under an hour. To help it get there, the on-demand courier service has raised more capital.
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McDonald's Quarter Pounder to be supersized to larger than four ounces
The company plans to increase the size of the raw patties it uses to 4.25 ounces. The patties currently weigh in at four ounces, a quarter of a 16-ounce pound.
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Cloud Giants And The War For Customer Data
Apache Spark's effect on the data landscape is akin to the leap in Internet applications enabled by the move from dial-up to broadband.
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The $80 Million Fake Bomb-Detector Scam—and the People Behind It
When Baghdad bought tens of millions of dollars’ worth of British-made A.D.E. 651s, advertised as a foolproof bomb detector, the Iraqi government thought it would be saving countless lives. But the devices were laughable—based on a toy—and in the end have led to many deaths. Iraq is not the only country that has been fooled.
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Friday, 26 June 2015
A World Without Work
For centuries, experts have predicted that machines would make workers obsolete. That moment may finally be arriving. Could that be a good thing?
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Celebration Day at the U.S. Chamber of Commerce?
A Debate on Who Benefits from the TPP.
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