GE To Be Kicked Out Of Dow, Deutsche Predicts
• https://www.zerohedge.com, by Tyler DurdenIf Deutsche Bank is right, the DJIA will lose one of its original "Industrial" founding members, which has been in the index since 1907.
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The Making of the Largest Satellite Constellation in History
• https://motherboard.vice.com, Daniel OberhausHow Iridium rose from its ashes to launch the era of satellite megaprojects.
GE just signaled the next crisis and nobody's paying attention
• https://www.sovereignman.comEarlier this month, General Electric took a $6.2 billion charge to its insurance unit for the fourth quarter. And the company said it will set aside another $15 billion over seven years to bolster reserves at GE Capital.
Boeing Blows Away Numbers Amid Billions In Buybacks, Boosts Dow
• https://www.zerohedge.comDow leader Boeing jumped 5%, set for a new all time high with a market cap north of $200 billion, after reporting earnings that blew away expectations, bolstered by surging deliveries of the 737, the planemaker's biggest profit-center, and an unexp
Turns Out Uber and Lyft Might Not Be Ruining the American City
• https://www.wired.comThis is how quickly transportation has changed in urban America. In July 2010, a service called UberCab went live in San Francisco--that's fewer than eight years ago. Washington, DC's Capital Bikeshare, the country's largest bike-sharing progr
Bye, Bye Miss American Pie… and Big V8s, Too
• https://www.lewrockwell.com/2018/01/eric-peters2018 may be the last year for Chrysler as we have known it. Dodge, too. These two sell the automotive equivalent of lawn darts - big rear-drive cars with big V8 engines. At still-affordable prices. People love them but the government bureaucrats
Why Jim Rogers Is Investing in This "Disastrous" Sector Now
• https://www.lewrockwell.comAn agriculture boom is now in the making, says legendary investor Jim Rogers. The billionaire commodity guru recently shared his outlook for the industry with The Edge Financial Daily at the 2018 Investment and International Trade Forum over the wee
Real life Robocop: Car giant Ford developing AI-driven COP CAR to catch speeding drivers
• https://www.dailystar.co.ukCAR company Ford is developing an Artificial Intelligence-driven police vehicle to catch law-breaking motorists.
Amazon Should Stick to Capitalism and Avoid the Crony Game
• https://fee.org, by Daniel J. MitchellAmazon should build its headquarters solely with its own money.
Wisconsin Price Police Say Meijer Doesn't Charge Enough for Dog Food
• https://www.themaven.net, by Mike Mish ShedlockWisconsin officials cracked down on Meijer for not charging enough for dog food, bananas, Cheerios, and school supplies.
A First Look At The Spheres, Amazon's Wild New Corporate Biodome
• https://www.fastcodesign.comStuffed with foliage rather than gadgetry, the company's newest office space is unlike anything that it-or anyone else-has ever built.
Personal Savings Rate: What's Going On? Can Spending Drive the Economy
• https://www.themaven.net, by Mike Mish ShedlockThe personal savings rate fell to 2.6% in the 4th quarter. The all-time low rate 2.2% in 2005. What's going on?
Trump warns Davos on unfair trade, says U.S. 'open for business'
• Steve Holland, Yara Bayoumy, Noah BarkinU.S. President Donald Trump took his "America First" message to the world's elite on Friday, telling a summit of business and political leaders that the United States would "no longer turn a blind eye" to what he described as unfair trade p
JV to commercialize nuclear fuel that will boost energy from existing reactors...
• https://www.nextbigfuture.com, brian wangLightbridge is developing nuclear fuel with more surface area which can enable existing nuclear reactors to generate 10-40% more energy by changing the shape of the fuel.
Here's Elon Musk's $600 Boring Company flamethrower
• https://www.theverge.com, By Sean O'KaneSure, why not?
A person was able to 'shoplift' from Amazon's new convenience store
• https://www.theladders.comOn Monday, Amazon Go, the company's new cashier-less mini-market opened in downtown Seattle, showing the world what retail shopping in the future could look like.
African Innovators are Proving This Teenage Bitcoin Millionaire Hotshot Right
• https://www.ccn.comThe words of teenage Bitcoin millionaire, Erik Finman is finding expression in parts of the world where the younger generation have been technically sidelined from leadership.
3,000 Metric Tons of Wheat Was Recently Traded for Bitcoin
• Bitcoin NewsCryptocurrencies are slowly becoming mainstream when it comes to settlement for all kinds of goods and services. Just recently the first known freight consignment was settled in bitcoin as the deal consisted of 3,000 tons of wheat from Rostov that wa
First Major Company to Support Bitcoin Payments Throws in the Towel
• themaven.net by Mike Mish ShedlockBitcoin is too slow and costs too much to use in transactions. Why bother?
History In The Making:
• zerohedge.com by Tyler DurdenAmazon's First Fully-Automated Grocery Store Opens To The Public
Amazon's Fully-Automated Grocery Store (No-Checkout) Opens Monday
• https://www.themaven.net, by Mike Mish ShedlockThe no-checkout process starts Monday. Here's the concept: Go into a store. Pick up stuff. Walk out.
Food giant Nestlé, maker and promoter of baby formula, will soon be marketing a...
• https://www.naturalnews.comImage: Food giant Nestlé, maker and promoter of baby formula, will soon be marketing a probiotic supplement for breastfeeding mothers (Natural News) A license agreement between Nestlé and Spanish biotech firm a probiotic supplement for breastf
Cryptoruble Delayed - Russian Central Bank Worried It Could Bypass Regulations
• https://news.bitcoin.comRussia's national cryptocurrency, the cryptoruble, is unlikely to be created in the foreseeable future, according to the Bank of Russia. The central bank believes that it could be used to bypass regulations. Meanwhile, the finance ministry wants to
Overwhelmed Cryptocurrency Exchanges Are Hiring Staff by the Hundreds
• https://news.bitcoin.comCryptocurrency exchanges have been overrun for months, as record demand has caused throttling or restriction of service altogether. With exchanges buckling under the strain, a number of platforms have been forced to temporarily shut their books. On T
Visa CEO: Bitcoin is Not a Payment System
• https://news.bitcoin.comVisa, the world's largest credit card company, is widely regarded as being hostile to Bitcoin. It would seem intuitive that a traditional financial provider should look unkindly on anything that threatens its hegemony. Publicly, though, the company
New US $65 Million Bitcoin Mining Facility is Among Largest Data Centers in North America
• https://news.bitcoin.comNew US $65 Million Bitcoin Mining Facility is Among Largest Data Centers in North America Virginia Beach, Virginia isn't exactly known as a hotbed of bitcoin mining activity, but that appears to be changing, and soon. A local company has sunk 65 m
OPEC Oil Production Rose In December Despite Plunge In Venezuela Output
• https://www.zerohedge.comIn its latest monthly report, OPEC announced that according to secondary sources, December oil production by the cartel rose by 42.4kbpd from November to 32.416mmbpd, if 144kbpd below October's 32.56mmbpd level, and just below the mandated production
Movie Theater Attendance Hits 24-Year Low, Ticket Prices Rise Nearly 4 Percent
• https://www.thewrap.com/movie-theater-attendance-hThe National Alliance of Theater Owners (NATO) announced Wednesday that the national ticket average for 2017 rose 3.7 percent year-over-year to $8.93, up from $8.65 last year.
'Star Wars' Toy Sales Fall in 2017 as Movie-Tie Fatigue Sets In
• https://www.bloomberg.comThe warning signs for the toy industry started last year when "Cars 3" -- considered a surefire success -- proved lackluster for licensees like Mattel Inc.
NFL Ratings Plunge As 23 Million Fewer Viewers Watch Divisional Playoffs
• https://www.outkickthecoverage.comThis past weekend the NFL had three very competitive games among its four divisional round playoff contests. Unfortunately for the league, ratings continued to plummet.
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