The owners of the New York Mets baseball team are in big trouble, financially anyway. They just struck out on a much needed injection of cash from potential investor David Einhorn. To the tune of $200 million.
The Mets owners lost money when ponzi schemer Bernie Madoff was finally caught. But don’t shed a tear […] Continue Reading…
“We are positioned to bring the first 2,500 metric tons of manufacturing capacity online in the coming weeks, and we continue commissioning key systems on site.”-Scott Paul, CEO of Hoku Corporation
After years of continued promises of local hiring and construction delays, due to financial problems, Hoku claims it will finally start polysilicon production within […] Continue Reading…
“Although the exact mechanism of the anti-cancer effect of saffron is unclear, studies in animals and in human cells have even suggested that saffron can inhibit certain cancers.”-Amr Amin.
The Science Daily reports that a study shows that the expensive spice, Saffron, can stop some cancers.
Researchers at the United Arab Emirates University, fed […] Continue Reading…
“To fill the gap by mid-2014, three years from now, 400,000 jobs would need to be created each month.”-EPI study titled: Sustained, high joblessness causes lasting damage to wages, benefits, income, and wealth
The latest Economic Policy Insitute study shows there are 6.8 million fewer jobs now, than when the recession officially started in 2008.
The […] Continue Reading…
A survey by Cross Sell, and the Idaho Statesman, revealed that new and used car sales, in southwest Idaho, plunged in July 2011.
Southwest Idaho is supposedly doing better economically than eastern Idaho, yet new and used car sales declined. When compared year to year, sales dropped 14%. When you compare July 2011, to June […] Continue Reading…
“Chinese exporters today have a significant price advantage, and combined with eBay’s global reach, it creates a very powerful business opportunity.”-Jay Lee, eBay Asia-Pacific.
California based eBay is seeing huge yuan signs, not dollar signs. That’s because the online auction and retail site is making big gains in China.
Just a few years back […] Continue Reading…
In less than two weeks, four contractors working at the damaged Fukushima Daiichi nuke plant, have been contaminated with radiation.
All four were contaminated by water from the defective water decontamination system.
Two workers were contaminated when they replaced defective parts, the other two were contaminated when water surged out of a valve that was mistakenly […] Continue Reading…
Hurricane forecasters say Typhoon Talas will hit Japan on Friday. The storm continues to intensify. Talas has sustained winds near 55 knots (63 mph/103 kmh).
Talas is about 465 miles (748 km) south of Kyoto, Japan. It’s moving northward, slowly at 5 knots (6 mph). Storm-force winds extending out 210 miles, making the […] Continue Reading…
An unnamed NATO official admits that members United Kingdom and France sent in ground troops, into Libya, long ago.
The NATO official said it would be “unfair to call them NATO forces.”, implying that Britain and France are acting totally independent of U.S. led NATO, and the United Nations.
The U.S. Nuclear Regulatory Commission is sending a team of experts to a nuclear power plant in the state of Virginia, that was hit by a magnitude 5.9 earthquake on August 23.
The North Anna nuclear power station is about 20km (12 miles) away from the epicenter of the strongest quake to hit […] Continue Reading…