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By Jim Willie, GoldenJackass.com -The Euro Central Bank has problems with margin calls against the collateral it holds -The LIBOR bank victims are aligned to seek justice, much like Lilliputians -Bankers from the three zones of USA, London, and Europe are pitted in a war against each other -The USFed must contend with constant Read the Rest...
NEW YORK (Reuters) - NBC briefly tore down the digital wall protecting its Olympics coverage on Thursday and permitted consumers without a pay TV subscription to watch live online a much-anticipated race starring American swimmers Michael Phelps and Ryan Lochte.
Read more: Reuters: Top News
Earlier this week we posted Dan Loeb’s Third Point LLC shareholder letter for the second quarter.… Loeb discusses politics, the European crisis, and various holdings of his. We have just obtained the fund’s stat sheet for July, which gives
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It's getting easier and easier to send stuff into low earth orbit, and more folks seem to be interested in doing it. So not surprisingly, there is a growing number of projects that offer to perform amateur experiments on small satellites. For students, the opportunity to send up experiments into space has been around for at least a couple years (via the Student Spaceflight Experiment Program), but now almost anyone can participate in a space experiment. Here are just a few examples.
SkyCube
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LOS ANGELES (Reuters) - San Bernardino, the third California city to seek bankruptcy protection since June, is saddled with huge pension debt and will produce details of those unfunded obligations within 15 days, its mayor said on Thursday.
Read more: Reuters: Top News
Many years ago (many, many, many years ago) before "podcasting" existed (actually, before iPods existed), we briefly tried to do a "Techdirt online radio show," which had a terrible name I won't repeat here. We ended up doing two or three episodes, I think -- and the only one that was any good accidentally got deleted right after we recorded it. That said, in the intervening years, the whole podcasting thing sprung up and it's all pretty well established now. We've been tossing around the
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In an echo of a debate that raged in the United States in the 1980s, the government faces growing criticism for doing almost nothing to rein in the yen, despite alarm that the record-high currency is dealing crippling blows to the country's once all-important export machine.
One big reason, analysts and some politicians say, is simple, if generally left unsaid: A high yen benefits Japan's rapidly expanding elderly population, even if it hurts other parts of the country.
By speeding the flood of cheaper imported products into Japan, the strong yen is contributing to deflation, a broader
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The CME announced after today’s close a 10.7% REDUCTION in silver initial and maintenance margins effective Monday 8/6/12. Initial silver margins cut from $18,900 to $16875, and maintenance margins cut from $14,000 to $12,500. http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv12-328.pdf
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SAN FRANCISCO (Reuters) - Facebook shares crumbled again on Thursday, sending the once-feverishly sought-after name below $20 for the first time as investors scrambled to get out of the way of a potential share deluge in coming weeks.
Read more: Reuters: Top News
Click to enlarge: Once again, its time to peruse the data to see which books TBP readers bought last month. Amazon’s embed code lets me track every click from these links — how many people look at the page, how many books get seen, and/or collectively purchased. Its anonymous — I don’t know who bought [...]
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About a year ago, we wrote about a court ruling that the TSA's naked scanners were legal (they didn't violate the 4th Amendment's restriction on "unreasonable" searches), but that the TSA failed to hold the proper public hearings before buying and deploying them. The TSA appears to have only paid attention to the first part. After a bunch of folks asked why the TSA was ignoring the order for public hearings, now an appeals court has officially weighed in and demanded to know why the TSA has
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For the 2nd Quarter of 2012, COMSCORE, Inc. (NASDAQ:SCOR) reported a revenue of $60.3 million, which is a 4% increase over last years 2nd Q. The company announced that revenue growth was stunted by adverse currency fluctuation, and a decline
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It looks like Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) regained the confidence of some investors, after implementing a new forecasting method. The company reported better-than-expected quarterly earnings and a more realistic forecast compared with report earlier in the year indicating
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Market Levels
US: Dow: 12878.90 (-0.71%), S&P 500: 1365.00 (-0.74%), NASDAQ: 2909.77 (-0.36%)
Europe: CAC: 3232.46 (-2.76%), DAX: 6606.09 (-2.25%), FTSE: 5662.30 (-0.89%).
Asia-Pacific…: Australia: 4269.50 (0.16%), China: 2111.18 (-0.58%), Hong Kong: 19690.20 (-0.66%), India: 5227.75 (-0.24%),
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Chesapeake Energy Corporation (NYSE:CHK) has inked a deal with OGE Energy Corp. (NYSE:OGE), that involves two subcidiaries of Chesapeake and OGE’s Enogex.
According to a report published on Equities.com, Enogex announced that it had signed a 15 year agreement with
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Linkedin Corporation (NYSE:LNKD), Google+ and Facebook Inc (NASDAQ:FB)’s latest competitor in the social network market, released their 2nd Q earnings statement today.
The earnings report included the following information:
Revenue was up 89%, at $228.2 million, versus last years 2nd
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WASHINGTON (Reuters) - Senate tax writers approved a $205 billion package of tax breaks in a rare show of bipartisan unity on Thursday, but across Capitol Hill in the House of Representatives, sniping over taxes between Democrats and Republicans was in full force.
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We've written a lot about the incredible new ecosystem of independent, self-published ebooks, which in a few short years (with the help of huge success stories like Amanda Hocking and Joe Konrath) has largely eliminated the stigma of what we once called "vanity publishing", to the point that even traditionally published authors are deciding to go it alone.
Though Hocking and Konrath were some of the first names to get some serious attention with their impressive ebook sales, today there are
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