Elon to push Model 3 production from 4400 to 7000 per week
• https://www.nextbigfuture.com by Brian WangTesla will try to reach and sustain Model 3 production capacity of 7,000 units by November 28th.
Contents Pages by Subject
Business/ Commerce
Homebuilder confidence plummets to the lowest level in more than two years as 'demand stalls
• https://www.cnbc.com by Diana OlickRising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation's homebuilders. Sentiment among homebuilders dropped 8 points in November to 60 in the National Association of Home Bu
Homebuilder confidence plummets to the lowest level in more than two years as 'demand stalls
• https://www.cnbc.com by Diana OlickRising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation's homebuilders. Sentiment among homebuilders dropped 8 points in November to 60 in the National Association of Home Bu
Work Remote? These Cities, States, and Countries offer crazy incentives to move there
• The Daily Bell - Joe JarvisTulsa, Oklahoma offers $10,000 to any remote worker who moves to the city. And to sweeten the deal, they are throwing in a free membership at a co-working space.
Targeted Advertising Is Ruining the Internet and Breaking the World
• https://motherboard.vice.comSurveillance capitalism and targeted advertising have become the norm on the internet, and it's hurting all of us.
Zuckerberg's "War Face" Has Driven Key Executives Away, Stoked Tension With Sandberg
• https://www.zerohedge.comEarlier this year, Facebook CEO Mark Zuckerberg gathered around 50 of his key executives and told them that the company was at war - more specifically, under siege from lawmakers, investors and angry users over the Cambridge Analytica data harvesting
GE was once America's most valuable company.
• https://www.cnbc.com by Patti DommToday it is fighting junk-bond status.
GE was once America's most valuable company.
• https://www.cnbc.com by Patti DommToday it is fighting junk-bond status.
Sino-Russian Interdependence Will Be Based On Oil
• https://www.zerohedge.com, by by GefiraAlthough Beijing is Moscow's largest trading partner, while Russia only ranks in the second ten among China's importers, the Kremlin is strategically the most important contractor because it supplies the most desirable product – oil – and Chi
Giving up privacy and friends for 90% discounts
• https://www.nextbigfuture.com, brian wangChina, UK and other countries take away privacy with massive use of cameras, cellphone, internet browser and credit card monitoring.
Zuckerberg Clings To Power While Sandberg Claims Ignorance After Damaging NYT Report
• https://www.zerohedge.com by Tyler DurdanFacebook executives Mark Zuckerberg and Sheryl Sandberg are battling backlash over an explosive investigation by the New York Times into Facebook's mercenary damage control tactics in the wake of several major scandals.
China Will Attempt To Dissolve The Trade War With The U.S. Ahead Of G20 Summit
• http://www.shtfplan.com, Mac SlavoChina is said to have outlined a few concessions for the Trump administration to consider, in an effort to diffuse the quickly escalating trade war between Beijing and Washington. But it's still going to be a long road, as the concessions will fall
Amazon's Split HQ Will Spark Apartment Boom in NY Queens and VA Crystal City
• https://moneymaven.ioAmazon's decision to split its headquarters will also split rental needs. Expect an apartment boom in two cities.
Google's Self-Driving Cars: The Big-Tech Takeover Continues
• https://www.theorganicprepper.comA self-driving car program, now known as Waymo, is about to quietly launch a fleet of paid rides in the world's very first commercial driverless car service.
Stossel: Why Some Capitalists Are the Worst Enemies of Capitalism
• https://reason.comAmazon lobbies for government favors and bad regulations.
Caterpillar Reports Weakest Retail Sales Growth Since September 2017
• https://www.zerohedge.com, by Tyler DurdenJust a few weeks after Caterpillar reported disappointing results, which sent its stock sliding amid growing fears about the company's exposure to China and other emerging markets, moments ago CAT reported October retail sales data which confirmed th
Starbucks to Lay Off 5% of Corporate Workforce
• https://www.wsj.com, by Julie JargonThe coffee chain slims down as it aims to respond more quickly to consumer trends
China dominating global luxury good and e-commerce sales
• https://www.nextbigfuture.com, brian wangIn 2017, China's purchase of luxury goods was equal to the USA and Japan combined. By 2024, China luxury goods purchases almost to the level of the USA, Europe and Japan combined.
"The Collapse Has Begun" - GE Is Now Trading Like Junk
• https://www.zerohedge.com, by Tyler DurdenTwo weeks after we reported that GE had found itself locked out of the commercial paper market following downgrades that made it ineligible for most money market investors, the pain has continued, and yesterday General Electric lost just over $5bn in
'Completely safe': Monsanto owner Bayer hit by new wave of lawsuits over Roundup weed killer
• RT.comGerman chemicals and pharmaceuticals giant Bayer disclosed that lawsuits from 9,300 plaintiffs were pending at the end of October. The lawsuits allege that the company's recently acquired weed-killing product causes cancer.
Are Credit ETFs A "Ticking Time Bomb"? Here Is JPMorgan's Answer
• https://www.zerohedge.com, By Tyler DurdenLast week, 39-year-old hedge fund manager Adam Schwartz rekindled the long-running debate over whether credit ETFs are the financial sector's next "ticking time bomb" when as reported, he bet a quarter of his personal money expecting that the next cr
How Secession from the Soviet Union Created Booming Economies and Innovative Government
• https://www.thedailybell.comOn August 23, 1989, two million Estonians, Latvians, and Lithuanians joined hands to form a human chain almost 400 miles long.
Alibaba Smashes "Singles Day" Sales Record With $28B In Orders Despite Weak Yuan
• https://www.zerohedge.com, By Tyler DurdenUpdate: As more stats about Alibaba's most successful "Singles Day" roll in, the company has disclosed that the record dollar amount of sales has also led to a record number of packages - some 1.35 billion, to be exact.
Volvo Caught In Trade-War Crossfire - Rips Up Production Plans
• https://www.zerohedge.comThe protectionist crusade of the Trump administration has attacked the global world order the West was instrumental in creating. This disruption has caused tremendous harm to complex international supply chains, the repair of which will be expensive
US Confident It Can Compete In Europe's Gas Market
• https://www.zerohedge.comAs American LNG costs continue to fall, and as Europe looks to untangle itself from Gazprom, U.S. liquefied natural gas (LNG) exports are quickly becoming a welcome alternative to Russian gas supplies. The United States is all too happy to help Europ
Robo-calls are at 'epidemic levels' this season of health open-enrollments
• https://www.sfgate.com by Barbara Feder OstrovWith health insurance open-enrollment season underway, automated phone calls offering Affordable Care Act or other health plans are spiking - and driving many consumers to the brink.
Wanna Buy, Wanna Buy: Alibaba Singles' Day has Record $30.8 Billion Sales
• moneymaven.io by Mike Mish ShedlockAlibaba smashed its Singles Day sales record on Sunday with $30.8 billion in sales, over $1 billion in the first minute.
Overstock CEO: "Modern Financial System Is A Big Keynesian, Magic Money Tree Ponzi Scheme"
• https://www.zerohedge.com, by Tyler DurdenOverstock CEO, Patrick Byrne, is a cryptocurrency believer. He believes the modern financial system "is a big Keynesian, magic money tree Ponzi scheme" that will collapse in the coming years and trigger mass adoption of cryptocurrency.
SpaceX low latency Starlink satellite network will be massively profitable
• https://www.nextbigfuture.com by Brian WangSpaceX has US Federal Communications Committee (FCC) approval to build a constellation of 4,425 low Earth orbit communication satellites.
U.S. crude output at new record with oil at lowest price since March
• https://www.chron.comThe U.S. stockpile of commercial crude oil continued to rise with the country's record oil production estimated at 11.6 million barrels a day, and domestic oil prices are now down to their lowest levels since March.
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