In a patent application filed today, Apple proposes a new e-commerce system that uses a mobile phone to deliver targeted ads to users based on what they can actually afford…Broken down simply, the system sits on your phone, tracks the status of your credit or debit cards, sees what the balance on them is, and then targets ads at you based on what you can actually afford. This is a genuinely...Read More
In a patent application filed today, Apple proposes a new e-commerce system that uses a mobile phone to deliver targeted ads to users based on what they can actually afford…Broken down simply, the system sits on your phone, tracks the status of your credit or debit cards, sees what the balance on them is, and then targets ads at you based on what you can actually afford. This is a genuinely...Read More
The great 20th-century conservative economist Joseph Schumpeter thought the left had overlooked a major selling point in pressing the case for public — i.e., government — control over productive capital. "One of the most significant titles to superiority," he suggested, was that public ownership produced profits, which means not having to depend on taxes to raise money.The bu...Read More
The great 20th-century conservative economist Joseph Schumpeter thought the left had overlooked a major selling point in pressing the case for public — i.e., government — control over productive capital. "One of the most significant titles to superiority," he suggested, was that public ownership produced profits, which means not having to depend on taxes to raise money.The bu...Read More
The Jeep's strange behavior wasn't entirely unexpected. I'd come to St. Louis to be Miller and Valasek's digital crash-test dummy, a willing subject on whom they could test the car-hacking research they'd been doing over the past year. The result of their work was a hacking technique—what the security industry calls a zero-day exploit—that can target Jeep Cherokees...Read More
The Jeep's strange behavior wasn't entirely unexpected. I'd come to St. Louis to be Miller and Valasek's digital crash-test dummy, a willing subject on whom they could test the car-hacking research they'd been doing over the past year. The result of their work was a hacking technique—what the security industry calls a zero-day exploit—that can target Jeep Cherokees...Read More
Earlier this year Wood Mackenzie said it expected expects $12-billion worth of projects in the Canadian oil and gas sector to be deferred this year, $20-billion in 2016 and $27 billion in 2017Global oil and natural-gas producers have delayed $200 billion of investment in more than 45 projects following the slump in crude prices, according to Wood Mackenzie Ltd.The Scottish energy consultancy says...Read More
Retired general and former Democratic presidential candidate Wesley Clark on Friday called for World War II-style internment camps to be revived for "disloyal Americans." In an interview with MSNBC's Thomas Roberts in the wake of the mass shooting in Chatanooga, Tennessee, Clark said that during World War II, "if someone supported Nazi Germany at the expense of the United States...Read More
Retired general and former Democratic presidential candidate Wesley Clark on Friday called for World War II-style internment camps to be revived for "disloyal Americans." In an interview with MSNBC's Thomas Roberts in the wake of the mass shooting in Chatanooga, Tennessee, Clark said that during World War II, "if someone supported Nazi Germany at the expense of the United States...Read More
Headquartered in Toronto, Barrick is one of the world's largest gold mining companies boasting operations in Canada, the U.S., Chile, Argentina, Zambia, Australia and Saudi Arabia. Jorge Beristain, a New York-based analyst at Deutsche Bank Securities, says Barrick management has made a good start at debt reduction, but more fat needs to come off.Barrick Gold Corp. (TSX?"EURABX; NYSE?"EURABX) is ti...Read More
Before the crisis that started in 2007, both of us believed that the financial system was fragile and unsustainable, contrary to the near ubiquitous analyses at the time.Now, there is something vastly riskier facing us, with risks that entail the survival of the global ecosystem — not the financial system. This time, the fight is against the current promotion of genetically modified organism...Read More
Before the crisis that started in 2007, both of us believed that the financial system was fragile and unsustainable, contrary to the near ubiquitous analyses at the time.Now, there is something vastly riskier facing us, with risks that entail the survival of the global ecosystem — not the financial system. This time, the fight is against the current promotion of genetically modified organism...Read More
A Republican Congressman wants to strip the Federal Reserve Bank of New York of one of its key powers, and it could have a big impact on when and how the Fed makes its next rate decision.Next Wednesday, in the House Financial Services Committee Monetary Policy and Trade Subcommittee hearing on Federal Reserve reform, it is expected Michigan Republican Bill Huizenga will pitch legislation to kill t...Read More
A Republican Congressman wants to strip the Federal Reserve Bank of New York of one of its key powers, and it could have a big impact on when and how the Fed makes its next rate decision.Next Wednesday, in the House Financial Services Committee Monetary Policy and Trade Subcommittee hearing on Federal Reserve reform, it is expected Michigan Republican Bill Huizenga will pitch legislation to kill t...Read More
President Obama's former top military intelligence official has launched a scathing attack on the White House's counter-terrorism strategy, including the administration's handling of the ISIL threat in Iraq and Syria and the US military's drone war.In a forthcoming interview with Al Jazeera English's 'Head to Head', retired US Lt. General Michael Flynn, who quit as head...Read More
President Obama's former top military intelligence official has launched a scathing attack on the White House's counter-terrorism strategy, including the administration's handling of the ISIL threat in Iraq and Syria and the US military's drone war.In a forthcoming interview with Al Jazeera English's 'Head to Head', retired US Lt. General Michael Flynn, who quit as head...Read More
Suppose you own a car dealership in San Juan, the capital of Puerto Rico, and you want to sell new Fords. The only way to get them to the island is by boat – but not just any boat.In 1920, Congress passed a law restricting all trade between U.S. ports to American-flagged vessels crewed by U.S. citizens. After the First World War, Congress's idea was to protect the country's merchant...Read More
Suppose you own a car dealership in San Juan, the capital of Puerto Rico, and you want to sell new Fords. The only way to get them to the island is by boat – but not just any boat.In 1920, Congress passed a law restricting all trade between U.S. ports to American-flagged vessels crewed by U.S. citizens. After the First World War, Congress's idea was to protect the country's merchant...Read More
President Barack Obama is heralding his nuclear deal with Iran as "another chapter in the pursuit of a more helpful and more hopeful world." I don't think so. Iran has a history of funding terrorism around the world, and they are Israel's worst enemy. We are alienating our decades-long allies and cozying up to their enemies and ours.Donald J. Trump was exactly right when he said,...Read More
President Barack Obama is heralding his nuclear deal with Iran as "another chapter in the pursuit of a more helpful and more hopeful world." I don't think so. Iran has a history of funding terrorism around the world, and they are Israel's worst enemy. We are alienating our decades-long allies and cozying up to their enemies and ours.Donald J. Trump was exactly right when he said,...Read More