Slashdot Mirror

Next you'll be telling me that I can't trust (warning: autoplay video) Michael Bloomberg's pet anti-gun group when it comes to statistics about how often school shootings occur!

What is really strange was there was an announcement a week ago that Uber was giving up on SE Asia and planning on selling their operations there to Grab in exchange for shares in Grab. Now this about turn. I suspect there are factions within Uber's boardroom that cannot agree on their strategy here, so the CEO going around making premature public statements probably isn't a great idea. Or maybe Grab rightly turned down the offer of a failed portion of Uber in return for significant shareholding.

Your statements might persuade me if Twitter operated like other normal businesses. I'm skeptical they even are a business. Twitter has enough cash reserves to lose money for centuries. So do you have any other evidence to disprove my hypothesis? Unfortunately, lacking some kind of third party polling of current and ex Twitter users, I suspect all arguments will be based in anecdote for the foreseeable future.

Try it on for size, though; imagine the people running Twitter do have ulterior motives. If you wanted to control or direct the cultural zeitgeist while masking your intentions, could you come up with a more effective, sneakier, or addictive way to do so?

The 24 hour news cycle was bad enough before Twitter existed, but now it is steeped in the platform -- both as a source and outlet. Twitter can tweak who can participate in the conversation, the size of their audience, the topics du jour, etc. with no worry of going out of business. They have no concerns about competition because no VC firms bother funding a competitor against a war chest of that size, and even if they do (like gab.ai), there is a duopoly of gatekeepers that conveniently share the same cultural stances to lock them out (Google, Apple).

Don't forget, Steve Jobs was responsible for the world's ugliest yacht And that hubcab of an office! Where there's smoke, there's fire.

We don't want people to have to go to multiple [systems] or live with a device that's not integrated

When your device doesn't integrate with anything else then your device sucks. There is a standard called USB why don't you use it? Apple is an extremely annoying company with the "not invented here" mentality. If I have to bring a different cable for every iDevice everywhere I go I will not buy your product.

might think that Apple "is good at making money." But he says "that's not who we are

It's easy to make money when you don't pay any taxes.

What's a cable?

Different cables? Go ask Microsoft about that.

Hmmm. Didn't Apple just announce bringing $350 BEEELION dollars back to the U.S.?

https://www.cnbc.com/2018/01/1...

In Japan, the only people who can offer these services are existing professional drivers. Per the CNBC report: "Tough rules legislate ride-hailing apps in Japan. Non-professional drivers are effectively barred from offering taxi services, so apps like Uber have to link riders with existing taxi fleets. That means its core service, that it offers in major markets like the U.S. and U.K., is not in full operation in Japan." Believe me, in Japan, the country full of petty rule followers, nobody is "courageously" flaunting skirting this law as Uber has in other locations.

https://www.motherjones.com/po...

https://www.cnbc.com/2018/02/1...

"Some defendants, posing as U.S. persons and without revealing their Russian association, communicated with unwitting individuals associated with the Trump Campaign and with other political activists to seek to coordinate political activities."

being too stupid to know you are being used, does NOT mean that you were not involved it just means you are stupid AND a participant.

Yes, to all...

If I want a tank, can I have one?

https://www.cnbc.com/2014/07/1...

An RPG?

http://lmgtfy.com/?q=rpg+for+s...

Cannon?

http://lmgtfy.com/?q=cannon+fo...

Or is the author just trying to explain why smartphone sales are slumping? That we have reached "peak smartphone" (that claim isn't new either)?

Steele did leak the dossier to media

The person who leaked to Buzzfeed is not known; a ruling last year determined that Buzzfeed does not have to reveal the source. However, by the time that Buzzfeed published it, it was already widely circulating in the federal government, so the most likely source was a government official.

You're confusing the release of the dossier with the release of the fact that Steele was assisting the FBI.

reporting on his leak was subsequently used (in part) as justification for FISA application

We don't get to see the full Democratic response to Trump transition team member Devin Nunes because the White House blocked it, but from the summary: "The GOP memo also claims that a Yahoo News article was used to corroborate Steele, but this is not at all why the article was referenced."

Nunes, it should be added, never even read the FISA application.

Steele did knowingly impair and obstruct the functions of the Department of Justice

Oh give it a bloody rest. The guy compiled intelligence memos - something he's been doing for his entire career, MI-6 and after. Nothing about them or him was kept secret from the FISA court, and nothing about any aspect of his work was even remotely against the law; it's rather baffling what on Earth you think was. On the other hand, what is being investigated is serious violations of federal law. Covering a wide range of topics, some of which have already gotten guilty pleas.

The FISA warranty was given to surveil a guy who had been boasting about being a Kremlin representative. The fact that you find this to be some sort of grave miscarriage of justice is even more baffling.

- Paying for political advertisements
- Paying others to troll social media for you

Could you cite the actual statutes, please? The summary I read cites nothing of the kind — the individuals are indicted for fraud and identity theft. These are very real and nasty crimes, whether or not they are related to elections and regardless of whether perpetrators are Americans or foreigners.

- Making campaign contributions

Unless the donation is to a "charity", owned and run by a candidate, right?

In your comparison, for the person who didn't buy a house, where did they live?

In my world, they have to pay rent, which would probably be much greater than the interest over 30 years, because of inflation.

Also, you vastly underestimate house price increases. See this page:
https://www.cnbc.com/2017/06/2...
It's out of date, but I think that bringing it up to date would show larger house price increases. Using 1970 -> 2000 as a representative date range, that $800k would have appreciated to $5.6M.

Has it even been proven that "fake news" is really an issue? I saw the shenanigans that Russia got up to on facebook and have a hard time believing that influenced anyone to vote differently than they otherwise might have.

No question. Main Stream Media thinks it's their job to form public opinion.
Now to put leftists between a rock and a hard place. NY Times exposing CNN's fake news:
https://www.nytimes.com/2017/1...
However I don't want other networks to feel left out (abc):
https://www.cnbc.com/2017/12/0...

NY Times goes all the way back to at least the 1930s when they lied about Russia:
http://www.nytimes.com/2003/10...

If it's the left saying something to you, it's almost certain it's a lie.

Ahh yes, Trump was inspired by a Bastille day parade he saw in France. I say, the man has earned it, let's give President Trump the celebration he derserves in the true spirit of Bastille day. Let's really make it authentic, get the townsfolk riled up, and storm our way to MAGA. He really is a stable genius.

Basically there are two ways for a public company to raise money. They can sell bonds, or they can issue new stock. Tesla's bonds are rated below investment grade by industry rating agencies. Big Tesla shareholders will not allow Tesla to issue new stock, because it will dilute their percent ownership. When existing shares of stock change hands, the company doesn't get any of that money. You may already know this, but from your comments it sounds like you don't realize that. It sounds like you think that somehow, when the stock price goes up, the company somehow receives money. But that is not the case.

Tesla has accomplished many amazing things and advanced the state of the art. They have proved that there is a market for electric vehicles. But they have not yet proved that a company can turn a profit selling electric cars. (Tesla has not yet achieved profitability.) And the last time they had to raise cash (August 2017), they did so by selling 1.8 billion in junk bonds at 5.3% yield. That is one reason why they have so much cash on hand. Because they just sold 1.8 billion in junk bonds.

Now everything hinges on the model 3. If they cannot get it on track, they are going to be in financial trouble. If they try to sell more bonds, the market will not react well. It will reek of desperation. Based on anecdotal stories from the inside, things are not going well. I am not a Tesla hater. I just think the stock is over-valued.

https://www.cnbc.com/2017/08/1...

Yes they are.

Here in Europe, too: I actually know someone who tried to mortgage his home to buy bitcoin, but was fortunately talked out of it by the bank employee.

O, and then there's the famous bitcoin family who sold everything they own to buy bitcoin. They are living at a camp site.

All of those were in december, of course, right before the peak...

Yes they are.

Here in Europe, too: I actually know someone who tried to mortgage his home to buy bitcoin, but was fortunately talked out of it by the bank employee.

O, and then there's the famous bitcoin family who sold everything they own to buy bitcoin. They are living at a camp site.

All of those were in december, of course, right before the peak...

This is part of Humpty-Trumpy's "Making America Great Again" by eviscerating all those "job killing" regulations like:
* roll back protecting the environment: clean air/clean water, allowing coal companies to dump into rivers
* roll back privacy and corporate limitations in communications: killing net neutrality
* remove banking regulations https://www.washingtonpost.com...
* remove protections for Seniors in Nursing Homes: https://www.democracynow.org/2...
* giving National Park lands to developers: https://www.vox.com/energy-and...
and dozens more ever frighting yet to be seen "de-regulations" that reduce citizen rights, protections, and hand our wallets to corporations. All the while the GOP protects Trumpty by replaying a slow motion Saturday Night Massacre: https://en.wikipedia.org/wiki/...
People, the only way to change this is campaign finance reform. It has to start at the State level. The GOP is worried about a midterm slaughter and the Kock Brothers alone are using $400M to try and change past performance: https://www.cnbc.com/2018/01/2...

Care to try and defend that?

Okay. Insurers and providers don't have high profits. I posted this the other day in response to someone blaming everything on the ACA, but: Health insurer profits, which were never extraordinarily high, are down since 2007. I don't have a convenient link for hospitals, but they're also in the 5% range.

Pharmaceuticals are the most profitable sector of the healthcare industry (by a pretty good margin), and they are responsible for a good portion of the increase in costs in recent years, but even they can't be blamed for everything. A lot of it is just ridiculous inefficiency: you've probably heard that filing health insurance claims, just doing the paperwork, costs hundreds of billions per year. Some of it is high salaries - that competition in staffing that you're talking about doesn't work very well, since patients can't really comparison shop between doctors. And doctors who work in hospitals can demand compensation based on how many patients they bring in... which is independent of how much they charge those patients, since the patients can't comparison shop.

Anyway, if you need to blame a single industry then you can blame the pharmaceutical industry, not health insurers, but that's not really accurate either. It's a big complicated problem without an easy scapegoat.

EXTRA! EXTRA! READ ALL ABOUT IT!!!
Yes, sleazy publishers have always screamed their headlines to sell newspapers. For some reason, remnants of this marketing practice continue in the internet age. It's a delicate balance; trying to appeal to the unwashed masses who have some reading ability without offending the educated reader with crass commercialism. In which group are Slashdot readers?

"Judges Say the UK's Digital Surveillance Program Snooper's Charter Is Illegal"

After reading that headline 4 times and failing to make sense of it, I tried to read TFS. Eventually I understood a bit more. Why Does Every Word Begin With A Capital? Let's try this again:

"Judges say the UK's digital surveillance program Snooper's Charter is illegal"

Now we see that 'Snooper's Charter' is a thing, and the rest are ordinary words. Notice that in this century, many forward thinking publishers no longer scream their headlines. Here are some:
https://www.theguardian.com/wo...
https://www.washingtonpost.com...
http://www.miamiherald.com/new...
http://www.chicagotribune.com/
https://www.cnbc.com/ ...

are on track to retire. So you're not making a good case. My dad contributed to his 401k for years and year. His 'retirement' was 2008. You can imagine how well that went.

The problem isn't how much the rich consumes, it's how little. They can't drive an economy by themselves. But they want the power to get anything they want whenever they want it and for nothing in return (unless you count being born rich something). The way to do this is to exploit scarcity. You do as they say because they control food, water, shelter, medicine. They dole out the best to their thugs and you do as they say because either your one of those thugs or you're afraid of those thugs.

Above all they don't want people by and large to have enough to live comfortably because if that ever happens then they lose most of their power. You don't listen to Bill Gates or the Koch Bros. because they're smart. You do it because they're rich, you're hoping to get some of that wealth, and besides if you were ever a threat to them they'd crush you like a gnat.

Two main sources for the story are people who either "worked at the Gigafactory in recent months"... Past tense...

But more than a month later, in mid-December, Tesla was still making its Model 3 batteries partly by hand, according to current engineers and ex-Tesla employees who worked at the Gigafactory in recent months.

...aaaaand a guy with a huge "shorting" investment, standing to win millions from perceived losses by Tesla.

Stanphyl Capital's Mark B. Spiegel, who has a significant short position in the company, told CNBC:
"While I've no doubt that Tesla will eventually work out its Model 3 production problems, the base model will cost Tesla at least mid-$40,000s to build.
The company will never deliver more than a token few for less than the current $49,000 lowest-cost offering.
Sales will hugely disappoint relative to expectations of over 400,000 a year.
And even at those higher prices Tesla will never come anywhere close to its promised [profitability]."

Also, article is reeeeeaaalyyyy trying to paint a picture of doom and gloom.
It takes a line from a Tesla engineer about how workers were "slapping bandoliers together as fast as they possibly could" back in December - and presents it as a doom&gloom subtitle:
'Slapping bandoliers together'

Hell, it even manages to paint higher test standards as bad, by omission of the fact that test standards are higher than expected not simply "[not] the same kind".

The two engineers also said that Tesla doesn't do the same kind of "stress tests" of its Model 3 batteries which would be expected of other electronics or carmakers.

And then there's that thing where I can't seem to find a single article by that author, about Tesla, which isn't a story about how VERY DOUBLEPLUS BAD Tesla really is.

Feds to investigate Tesla crash driver blamed on Autopilot
Tesla factory workers have filed a lawsuit claiming widespread racism, unsafe conditions
https://www.cnbc.com/2017/11/01/elon-musk-tesla-fired-700-people.html
https://www.cnbc.com/2017/10/17/tesla-firings-former-and-current-employees-allege-layoffs.htmlTesla employees detail how they were fired, claim dismissals were not performance related
Tesla employees detail how and why they were fired
Tesla cites performance reviews as it fires SolarCity employees, though workers say reviews never took place
Tesla fires hundreds of employees while trying to ramp up vehicle production

German report calls Tesla's Autopilot a "hazard"
Senate committee calls out Elon Musk, wants answers on Tesla Autopilot
Tesla under investigation for possible breach of securities law, WSJ reports
What the NTSB know

Two main sources for the story are people who either "worked at the Gigafactory in recent months"... Past tense...

But more than a month later, in mid-December, Tesla was still making its Model 3 batteries partly by hand, according to current engineers and ex-Tesla employees who worked at the Gigafactory in recent months.

...aaaaand a guy with a huge "shorting" investment, standing to win millions from perceived losses by Tesla.

Stanphyl Capital's Mark B. Spiegel, who has a significant short position in the company, told CNBC:
"While I've no doubt that Tesla will eventually work out its Model 3 production problems, the base model will cost Tesla at least mid-$40,000s to build.
The company will never deliver more than a token few for less than the current $49,000 lowest-cost offering.
Sales will hugely disappoint relative to expectations of over 400,000 a year.
And even at those higher prices Tesla will never come anywhere close to its promised [profitability]."

Also, article is reeeeeaaalyyyy trying to paint a picture of doom and gloom.
It takes a line from a Tesla engineer about how workers were "slapping bandoliers together as fast as they possibly could" back in December - and presents it as a doom&gloom subtitle:
'Slapping bandoliers together'

Hell, it even manages to paint higher test standards as bad, by omission of the fact that test standards are higher than expected not simply "[not] the same kind".

The two engineers also said that Tesla doesn't do the same kind of "stress tests" of its Model 3 batteries which would be expected of other electronics or carmakers.

And then there's that thing where I can't seem to find a single article by that author, about Tesla, which isn't a story about how VERY DOUBLEPLUS BAD Tesla really is.

Feds to investigate Tesla crash driver blamed on Autopilot
Tesla factory workers have filed a lawsuit claiming widespread racism, unsafe conditions
https://www.cnbc.com/2017/11/01/elon-musk-tesla-fired-700-people.html
https://www.cnbc.com/2017/10/17/tesla-firings-former-and-current-employees-allege-layoffs.htmlTesla employees detail how they were fired, claim dismissals were not performance related
Tesla employees detail how and why they were fired
Tesla cites performance reviews as it fires SolarCity employees, though workers say reviews never took place
Tesla fires hundreds of employees while trying to ramp up vehicle production

German report calls Tesla's Autopilot a "hazard"
Senate committee calls out Elon Musk, wants answers on Tesla Autopilot
Tesla under investigation for possible breach of securities law, WSJ reports
What the NTSB know

Two main sources for the story are people who either "worked at the Gigafactory in recent months"... Past tense...

But more than a month later, in mid-December, Tesla was still making its Model 3 batteries partly by hand, according to current engineers and ex-Tesla employees who worked at the Gigafactory in recent months.

...aaaaand a guy with a huge "shorting" investment, standing to win millions from perceived losses by Tesla.

Stanphyl Capital's Mark B. Spiegel, who has a significant short position in the company, told CNBC:
"While I've no doubt that Tesla will eventually work out its Model 3 production problems, the base model will cost Tesla at least mid-$40,000s to build.
The company will never deliver more than a token few for less than the current $49,000 lowest-cost offering.
Sales will hugely disappoint relative to expectations of over 400,000 a year.
And even at those higher prices Tesla will never come anywhere close to its promised [profitability]."

Also, article is reeeeeaaalyyyy trying to paint a picture of doom and gloom.
It takes a line from a Tesla engineer about how workers were "slapping bandoliers together as fast as they possibly could" back in December - and presents it as a doom&gloom subtitle:
'Slapping bandoliers together'

Hell, it even manages to paint higher test standards as bad, by omission of the fact that test standards are higher than expected not simply "[not] the same kind".

The two engineers also said that Tesla doesn't do the same kind of "stress tests" of its Model 3 batteries which would be expected of other electronics or carmakers.

And then there's that thing where I can't seem to find a single article by that author, about Tesla, which isn't a story about how VERY DOUBLEPLUS BAD Tesla really is.

Feds to investigate Tesla crash driver blamed on Autopilot
Tesla factory workers have filed a lawsuit claiming widespread racism, unsafe conditions
https://www.cnbc.com/2017/11/01/elon-musk-tesla-fired-700-people.html
https://www.cnbc.com/2017/10/17/tesla-firings-former-and-current-employees-allege-layoffs.htmlTesla employees detail how they were fired, claim dismissals were not performance related
Tesla employees detail how and why they were fired
Tesla cites performance reviews as it fires SolarCity employees, though workers say reviews never took place
Tesla fires hundreds of employees while trying to ramp up vehicle production

German report calls Tesla's Autopilot a "hazard"
Senate committee calls out Elon Musk, wants answers on Tesla Autopilot
Tesla under investigation for possible breach of securities law, WSJ reports
What the NTSB know

Two main sources for the story are people who either "worked at the Gigafactory in recent months"... Past tense...

But more than a month later, in mid-December, Tesla was still making its Model 3 batteries partly by hand, according to current engineers and ex-Tesla employees who worked at the Gigafactory in recent months.

...aaaaand a guy with a huge "shorting" investment, standing to win millions from perceived losses by Tesla.

Stanphyl Capital's Mark B. Spiegel, who has a significant short position in the company, told CNBC:
"While I've no doubt that Tesla will eventually work out its Model 3 production problems, the base model will cost Tesla at least mid-$40,000s to build.
The company will never deliver more than a token few for less than the current $49,000 lowest-cost offering.
Sales will hugely disappoint relative to expectations of over 400,000 a year.
And even at those higher prices Tesla will never come anywhere close to its promised [profitability]."

Also, article is reeeeeaaalyyyy trying to paint a picture of doom and gloom.
It takes a line from a Tesla engineer about how workers were "slapping bandoliers together as fast as they possibly could" back in December - and presents it as a doom&gloom subtitle:
'Slapping bandoliers together'

Hell, it even manages to paint higher test standards as bad, by omission of the fact that test standards are higher than expected not simply "[not] the same kind".

The two engineers also said that Tesla doesn't do the same kind of "stress tests" of its Model 3 batteries which would be expected of other electronics or carmakers.

And then there's that thing where I can't seem to find a single article by that author, about Tesla, which isn't a story about how VERY DOUBLEPLUS BAD Tesla really is.

Feds to investigate Tesla crash driver blamed on Autopilot
Tesla factory workers have filed a lawsuit claiming widespread racism, unsafe conditions
https://www.cnbc.com/2017/11/01/elon-musk-tesla-fired-700-people.html
https://www.cnbc.com/2017/10/17/tesla-firings-former-and-current-employees-allege-layoffs.htmlTesla employees detail how they were fired, claim dismissals were not performance related
Tesla employees detail how and why they were fired
Tesla cites performance reviews as it fires SolarCity employees, though workers say reviews never took place
Tesla fires hundreds of employees while trying to ramp up vehicle production

German report calls Tesla's Autopilot a "hazard"
Senate committee calls out Elon Musk, wants answers on Tesla Autopilot
Tesla under investigation for possible breach of securities law, WSJ reports
What the NTSB know

Two main sources for the story are people who either "worked at the Gigafactory in recent months"... Past tense...

But more than a month later, in mid-December, Tesla was still making its Model 3 batteries partly by hand, according to current engineers and ex-Tesla employees who worked at the Gigafactory in recent months.

...aaaaand a guy with a huge "shorting" investment, standing to win millions from perceived losses by Tesla.

Stanphyl Capital's Mark B. Spiegel, who has a significant short position in the company, told CNBC:
"While I've no doubt that Tesla will eventually work out its Model 3 production problems, the base model will cost Tesla at least mid-$40,000s to build.
The company will never deliver more than a token few for less than the current $49,000 lowest-cost offering.
Sales will hugely disappoint relative to expectations of over 400,000 a year.
And even at those higher prices Tesla will never come anywhere close to its promised [profitability]."

Also, article is reeeeeaaalyyyy trying to paint a picture of doom and gloom.
It takes a line from a Tesla engineer about how workers were "slapping bandoliers together as fast as they possibly could" back in December - and presents it as a doom&gloom subtitle:
'Slapping bandoliers together'

Hell, it even manages to paint higher test standards as bad, by omission of the fact that test standards are higher than expected not simply "[not] the same kind".

The two engineers also said that Tesla doesn't do the same kind of "stress tests" of its Model 3 batteries which would be expected of other electronics or carmakers.

And then there's that thing where I can't seem to find a single article by that author, about Tesla, which isn't a story about how VERY DOUBLEPLUS BAD Tesla really is.

Feds to investigate Tesla crash driver blamed on Autopilot
Tesla factory workers have filed a lawsuit claiming widespread racism, unsafe conditions
https://www.cnbc.com/2017/11/01/elon-musk-tesla-fired-700-people.html
https://www.cnbc.com/2017/10/17/tesla-firings-former-and-current-employees-allege-layoffs.htmlTesla employees detail how they were fired, claim dismissals were not performance related
Tesla employees detail how and why they were fired
Tesla cites performance reviews as it fires SolarCity employees, though workers say reviews never took place
Tesla fires hundreds of employees while trying to ramp up vehicle production

German report calls Tesla's Autopilot a "hazard"
Senate committee calls out Elon Musk, wants answers on Tesla Autopilot
Tesla under investigation for possible breach of securities law, WSJ reports
What the NTSB know

"From the people who brought you F00F, FDIV, and now Meltdown? No thanks."

Intel has had many years of insufficient management, in my opinion.

It is not difficult to find evidence of insufficient management at Intel. Yesterday I got 2 poorly considered, poorly written marketing emails from Intel.

More evidence of insufficient management: Intel's CEO reportedly sold shares after the company already knew about massive security flaws

Will Intel be allowed to PROFIT from many years of producing processors with vulnerabilities? Will Intel be treated like U.S. banks in 2008, when many banks profited and many finance system managers got bonuses after the financial crash?

If vulnerabilities are profitable, would Intel deliberately allow vulnerabilities in its products? Were the previous vulnerabilities deliberate? Maybe the CEO didn't previously know about the vulnerabilities. Did someone else at Intel profit from the vulnerabilities?

Yep, it was. https://www.cnbc.com/2017/07/1... Your point would be more valid if mainframe computers weren't used anymore.

Tax cuts never work! They never result in higher wages!

Starbucks to boost worker pay and benefits after US lowers corporate taxes

Disney giving 125,000 employees $1,000 cash bonuses

JP Morgan Chase to build 400 new branches, raise wages because of the tax cut

Verizon Using Some Tax Savings to Give Each Employee 50 Shares

What does it take for "progressives" to examine their economic beliefs?

As if 8 years of failed "recovery" under Obama wasn't enough. The ONLY President in US history to never see 3% growth in the US economy in any year of his term...

Tax cuts never work! They never result in higher wages!

Starbucks to boost worker pay and benefits after US lowers corporate taxes

Disney giving 125,000 employees $1,000 cash bonuses

JP Morgan Chase to build 400 new branches, raise wages because of the tax cut

Verizon Using Some Tax Savings to Give Each Employee 50 Shares

What does it take for "progressives" to examine their economic beliefs?

As if 8 years of failed "recovery" under Obama wasn't enough. The ONLY President in US history to never see 3% growth in the US economy in any year of his term...

Tax cuts never work! They never result in higher wages!

Starbucks to boost worker pay and benefits after US lowers corporate taxes

Disney giving 125,000 employees $1,000 cash bonuses

JP Morgan Chase to build 400 new branches, raise wages because of the tax cut

Verizon Using Some Tax Savings to Give Each Employee 50 Shares

What does it take for "progressives" to examine their economic beliefs?

As if 8 years of failed "recovery" under Obama wasn't enough. The ONLY President in US history to never see 3% growth in the US economy in any year of his term...

Lunar Scout is scheduled to launch in March on a Rocket Lab Electron rocket. This is still a chance they'll make the deadline.

Unfortunately, "However, a person familiar with the Electron rocket said the Moon Express lander is too heavy for the Electron rocket, making it physically impossible to put the spacecraft into an orbit capable of reaching the moon." https://www.cnbc.com/2018/01/2...

Archaic union contracts are the problem for public sector transit, and to a certain degree commuter rail, but not private sector freight.

I'm afraid, you are overly optimistic. Luddites, empowered by bundling together, have been holding humanity's progress for centuries. The most recent battle was against Uber et al (would somebody think of the taxi drivers!) may have been lost already, but new ones are ahead.

Paying two guys to babysit it is literal chump change.

I'm not sure... But, perhaps more importantly, humans suck at driving. If, as /.'s favorite genius predicts, some day driving a car will be illegal for a human, operating a train should already. Because we can automate trains with today's software. And, indeed, the cause of the recent train-wrecks was just that — a human error.

So even though you're exporting your filth to China, you're still the largest polluter in the Western world? Hmm...

[source: https://www.cnbc.com/2017/05/3...

or at least it does to most people. It's certainly what I think of when I hear the phrase.

Also, what the devil are they going to retrain for? We're about to put every cashier and driver out of work. They're not all going to go off and be doctors, most folks just don't have the capacity. I guess we could think up new service jobs, but who's gonna pay them? It's not looking like folks are gonna have much money.

Also, you're assuming folks need to work or they become listless and frustrated and violent. I think that's only going to be a problem if they don't have enough money for food/shelter and (maybe, big maybe) a modicum of living (e.g. have a kid or two, go get drunk occasionally, that sort of thing).

All I see is more folks trying to put the onus on people to 're-skill' without talking about how they're gonna do that, if they even _can_ do that and where are the jobs going to come from. It sounds like blame shifting so we can all look the other way while 20% of the country's lives go to shit. That's certainly the vibe I got from Hillary Clinton.

our system actually works,

Does it? Who does it work for? You should have a look at this study.
Also, The Economist Intelligence Unit thinks you have some problems, so my opinion is not really what counts here.
The point I was trying to make is that you have exactly the same system you had in 1776. Maybe it's time for a look at it.
Also, I'm unsure why you think I'm in the UK, I never said I was. My country actually overhauled our voting system about 20 years ago, because we got sick of first-past-the-post governments being able to rule with 38% of the vote. We went with a proportional system, which has been a huge success.

Except that online ads are reaching fewer people and there is evidence that online marketing is failing. It's why big companies are cutting digital advertising. Ads have become so pervasive on the Internet that most consumers just tune them out. Advertisers spend more and more trying to chase fewer and fewer people...

Under the at-will presumption, a California employer, absent an agreement or statutory or public policy exception to the contrary, may terminate an employee for any reason at any time.

Don't like anti-union, anti-labor "at will" laws? There are things you can do about that.

More here at CNBC- a decidedly non-liberal site.
https://www.cnbc.com/2017/08/0...

And verification that Demore forced the CEO to cut short vacation.
https://www.cnbc.com/2017/08/0...
Creating a shitstorm that forces the CEO to cut their vacation short is generally solid grounds to be fired.

Under the at-will presumption, a California employer, absent an agreement or statutory or public policy exception to the contrary, may terminate an employee for any reason at any time.

Don't like anti-union, anti-labor "at will" laws? There are things you can do about that.

More here at CNBC- a decidedly non-liberal site.
https://www.cnbc.com/2017/08/0...

And verification that Demore forced the CEO to cut short vacation.
https://www.cnbc.com/2017/08/0...
Creating a shitstorm that forces the CEO to cut their vacation short is generally solid grounds to be fired.

Emirates places $16 billion order for 36 new A380 superjumbos - so much for that.

Anonymous Coward is trying to say that despite Apple's user base not being the largest, it has been successful at making a large profit from a smaller, richer user base. In some years, it has earned over 90 percent of all smartphone profit. Thus despite a smaller number of people using Safari, these users on the whole make more purchases in larger amounts.

Since nobody wants to actually do a simplistic google search that takes all of 2 seconds, here's a source about it.

It is part bullshit, part not. The bonus of 1000 dollars for employees is only given in full to those who are part of that sad little 20yr group. Those who have worked 2 years or less (probably the majority of Walmart employees) will only get 200 or so.

Of course you could cite credible sources and prove your case.

Credile source #1

Among that group of employees, only those who have worked for Walmart for 20 years or more will get the full $1,000, Walmart told Business Insider.

Credible source #2

The bonuses will be determined by an employee's length of service. Those workers with more than 20 years of experience will qualify to receive the full $1,000. However, workers with less than two years of experience will receive $200, a Walmart spokesman told CNBC.

Credible source #3

A one-time bonus benefiting all eligible full and part-time hourly associates in the U.S. The amount of the bonus will be based on length of service, with associates with at least 20 years qualifying for $1,000. A discrete one-time charge will be taken in the fourth quarter of the current year to account for the bonus; qualification will be determined before the end of the month and payments will be paid as quickly as practical thereafter.

As to the difference between the income of those laid off and the bonuses, this article cites the bonuses will cost $400 million. This article says 9,400 people are being let go during the layoffs. Simple math shows $400 million/9,400 = 42,553. If we assume those being laid off made that much in salary and benefits, then after one year, the amount of money saved by laying off those people will dwarf the one-time bonus amount.

You have no idea what you're talking about.

CNBC reports, as of 13 hours ago, that South Korea is still considering a ban on cryptocurrency exchanges. So it's still up in the air.

Yep, if we had an actual, decent, pro-growth Government that cared about wisely spending money, we'd probably be the 3rd largest economy, behind the US as a whole and China. We rank in the bottom half, and that's on the strength of access to capital, technology/innovation, and the size of the economy. For the cost of doing business, business friendliness, and cost of living we're in the bottom 3. We succeed in spite of - not because of - Sacramento and the uniparty installed there over the last several decades.

"Amazon, the online merchandise juggernaut, will collect sales taxes from all states with a sales tax starting April 1."
https://www.cnbc.com/2017/03/2...

previously:

"After years of wrestling with state officials about Internet taxation, Amazon.com finally agreed last fall to begin collecting sales tax from its California customers.

"But some of that tax revenue, perhaps millions of dollars a year, could wind up back in Amazon's pocket.

"Rod Butler, city manager of Patterson. He said Patterson might share up to 75 percent of its sales tax windfall with the company.

"Butler said he was told Amazon has the right to choose where [collected sales tax] money goes â" to either Patterson or San Bernardino. Because of that, both cities want to stay on Amazon's good side."

http://www.mcclatchydc.com/new...

Once you've used Oracle they got you. If you try to leave, you can't. ...

Sounds like they're selling drugs. "The first one's free -- here, try it!" OTOH how ELSE do you expect Larry to afford that island?

https://youtu.be/Sm3b4_XLCOU?t...

Apparently the U.S. is no longer a democracy. Numerous mostly hidden agencies have control, and want more control.

Links about Trump
from 18 different organizations

Trump moving toward starting a nuclear war:

> Trump Says His "Nuclear Button" Is "Much Bigger" Than North Korea's (Jan. 2, 2018, New York Times)
Two unstable people threaten each other.

> How Does Trump Trump Trump? Start a War. (Jan. 6, 2018, Huffington Post)

> Cartoon: "My nuclear button is bigger than yours!" (Jan. 4, 2018, Gary Varvel at ArcaMax.com)

Trump's lies:

> In 298 days, President Trump has made 1,628 false and misleading claims (Nov. 13, 2017, Washington Post)

> President Trump's Lies, the Definitive List (Dec. 14, 2017, New York Times)

> In a 30-minute interview, President Trump made 24 false or misleading claims. (Dec. 29, 2017, Washington Post)

> 10 Falsehoods From Trump's Interview With The Times (Dec. 29, 2017, New York Times)

> Trump takes credit for zero aviation deaths worldwide. (Jan. 2, 2018, Trump's Twitter account)
Replies:
"I'm gonna take credit for puppies being cute..."
"Guess who's responsible for designing the cute kangaroo pouches that keep little Joeys safe? That right, it was Me. ME. ME!"
"That's a job well done, thank you, but don't forget I gave dolphins their blowholes! Without me, they would've drowned!"

Books about Trump:

> Fire and Fury: Inside the Trump White House by Michael Wolff (Published Jan. 5, 2018)
Four days after publication, there were 1,432 customer reviews; 82% were 5-star reviews.

> Trumpocracy: The Corruption of the American Republic by David Frum (Published Jan. 16, 2018)

> Devil's Bargain: Steve Bannon, Donald Trump, and the Storming of the Presidency by Joshua Green (Published July 18, 2017)

> Collusion: Secret Meetings, Dirty Money, and How Russia Helped Donald Trump Win by Luke Harding (Published Nov. 16, 2017)

> It's Even Worse Than You Think: What the Trump Administration Is Doing to America by David Cay Johnston (Published Jan. 16, 2018)

Sexual abuse:

> The 19 Women Who Accused President Trump of Sexual Misconduct (Dec. 7, 2017, The Atlantic.com)

Mental instability:

> Incoherent, authoritarian, uninformed: Trump's New York Times interview is a scary read. (Dec. 30, 2017, CNBC) Quotes:
"President Donald Trump tells a

There was an interesting report on Seattle's minimum wage which found that while employment for Seattle grew, employment for people affected by the minimum wage grew less fast.

https://www.forbes.com/sites/t...

But now we have a report on exactly what has been happening in Seattle's labor market.

Seattle's labor market has thrived since the city became the first major metropolis in the country to pass a law setting its minimum wage on a path to $15 per hour.

The city's job-growth rate has been triple the national average, for example.

Much of that success, though, can be attributed to trends separate from the minimum-wage law itself, such as the growth of Seattle's tech sector and its construction boom, according to a new report that University of Washington researchers presented to the City Council on Monday.

I have no problem with any of that. Employment is up, unemployment is down. But those other factors entirely swamp the effects of a minimum wage change. The report also notes:

Pay for low-wage workers climbed more in real Seattle than in synthetic Seattle, while their employment rate and hours climbed slightly less.

That's the important finding here. Employment rates and hours climbed because the economy is booming. But they climbed less in areas where the minimum wage was raised than they did in areas where it was not. The difference between those two is the employment lost to the higher minimum wage.

https://www.cnbc.com/2017/07/0...

In 2014, Seattle voted to gradually hike its minimum wage to $15 an hour, with the rate jumping from $11 to 13 last year. Yet on average, low-wage workers have made $125 per month less.

That's a key result of a new University of Washington study that found that the hourly wage hike could in fact be costing jobs. The study, released last week, examined low-wage employment within the city of Seattle from 2014 to 2016.

"What we found," study co-author Mark Long explained to CNBC's "On the Money" recently, "is that employees increased wages, which you'd expect given the mandate of the law, but they also cut hours and they cut jobs."

Long, a professor of public policy at the University of Washington, added that as a product of fewer hours and available jobs, "the net amount paid to low-wage workers declined instead of increased."

Which is exactly what you'd expect to happen. If the government pushes up the minimum wage businesses that are short of cash will cut hours to try to stay running. So it's quite possible that people on minimum wage will see their take how pay drop. Add in the fact that a lot of minimum wage work is in principle replaceable with automation.

E.g. McDonald's have demoed machines to replace cashiers - and the signs are the public prefer them.

So you could cut staff for a restaurant down to just the kitchen staff and a manager. Next step is a burger producing machines and having the management done remotely.

I.e. if you increased the minimum wage enough you could cut the number of people a McDonald's employees from half a dozen to less than one.

Not to mention that most people working in a non famous chain restaurant are illegals and aren't getting paid the minimum wage - those restaurants just employ illegals and pay the fine if caught. McDonald's has to at least have the pretence that it doesn't break the law. Then again it could push the 'employing illegals' stuff onto franchisees and then cancel the franchise if they are caught.