NASA says on November 8, asteroid 2005 YU 55 will come very close to the Earth.
The asteroid is 400 meters (1,312 feet) in diameter, and at the closest point will be only 320,000 kilometers (198,000 miles) from Earth, that’s within the orbit of the Moon.
This isn’t a rare occasion; the last time such a […] Continue Reading…
As of November 5, 2011, some of the fuel stations in the Pocatello/Chubbuck area had dropped their gas prices to $3.29 per gallon. Yet diesel prices remain unchanged, still between $3.99 & $4.09 per gallon. Local gasoline prices had been falling steady for more than a week now, diesel has not.
The morning of November 5, hundreds of Chubbuckians awoke to no water in the their taps. This after a small overnight snow storm (a little early for the Pocatello/Chubbuck area).
The water main break happened in front of a residence and the Saint Paul Catholic Church, on West Chubbuck Road.
The water had blasted its way […] Continue Reading…
Not only are many of the biggest corporations reporting big profits, they’re paying small taxes. The official tax rate for corporations is supposed to be 35%, but the latest study shows the average effective tax paid is about 18.5%.
Some corporations pay no taxes, and a handful actually have negative taxes!
280 companies in the Fortune […] Continue Reading…
A recent survey of Chinese millionaires found that 60% want to leave China. 14% have already left, or are in the bureaucratic process of leaving.
And where do Chinese millionaires want to go? 40% said they plan on moving to the United States. Canada and Singapore are also top choices.
According to U.S. Citizenship and Immigration […] Continue Reading…
WalMart is in trouble in China, because it hasn’t paid rent since 2002, and it lies about what it sells.
According to Chinese media, in 2002 WalMart signed a 15 year lease contract with the Wanguo Shopping Plaza in the northeastern coastal city of Dalian. Problems occurred with the timely development of the property, and […] Continue Reading…
November 3, Israel’s Defense Ministry said they had test fired a ballistic missile. Observers say the latest test-firing is a warning against Iran’s nuclear program.
Israeli Prime Minister Benjamin Netanyahu warned of a “direct and heavy threat” posed by Iran’s nuclear program.
The testing of the ballistic missile was not announced in advance. Some Israeli media […] Continue Reading…
No surprise, the U.S. Federal Reserve Bank revised its economic growth forecast downward.
Back in June the bank predicted U.S. growth at 2.9% (which is still bad, it needs to be above 3% to be good). Now they revised it downward by one percent, to 1.9%. Can you say stagnation?
Federal Reserve Chairman Ben Bernanke said […] Continue Reading…
On November 3, Sony announced that its television division is likely to post a record loss of about U.S.$2.2 billion for 2011. That makes eight straight years of losses!
Sony is blaming poor sales in the United States and Europe. This is more proof that the U.S. is no longer the market place for the […] Continue Reading…
The Japan Nuclear Energy Safety Organization admitted it allowed nuclear fuel rods to pass quality checks using a faulty factory manual.
Government inspectors used the manufacture’s manual to inspect four sets of fuel rods. They approved three of the sets. The problem is that the approved sets did not match up with the length stated […] Continue Reading…