5/17/2015 Google’s self-driving cars have finally hit public roads as of Friday, May 15th around the company headquarters in Mountain View, California. This comes after 6 years of trials on test tracks and over a million miles of testing. Although working with automakers Lexus, Audi, and BMW, among others during the testing process, Google has
5/15/2015 Now that the Trans-Pacific Partnership (TPP) has apparently survived a near coup d’etat led by Democratic Senators Harry Reid and Elizabeth Warren, pending a successful re-vote, the battle over the large-scale trade deal will soon be heading to the House of Representatives. The vote in the House may be even more troublesome for the
5/14/2015 Harper’s Magazine revealed on Tuesday that deepwater drilling is set to resume near the site of the nation’s largest oil spill 5 years ago. The Macondo reservoir, located about 45 miles off of the Louisiana coast, was the site of the 2010 fire and massive BP Deepwater Horizon oil spill left 11 people dead
5/13/2015 In what may be a harbinger of the impending collapse of the large-scale, for-profit, college industry, two executives from ITT Educational Services as well as the company itself are facing charges of fraud from the Security and Exchange Commission (SEC). On Tuesday, the Commission accused Chief Executive Officer, Kevin Modany, and Chief Financial Officer,
5/12/2015 A former sales executive for the money transfer service, Intermex, filed a lawsuit last week in Kern County Superior Court in central California, alleging that she was fired for disabling a company-required app on her phone that constantly tracked her motions. Myrna Arias, who worked at the Bakersfield-area company, claims she was fired after
5/12/2015 U.S. Justice Department lawyers presented a motion to dismiss MetLife’s suit against the government on Friday, May 8th in U.S. District Court in Washington DC. MetLife filed the suit in January, after being named by the U.S. Financial Stability Oversight Council (FSOC) as a company that is a Systemically Important Financial Institution (SIFI), known
5/11/2015 Conservative writer and columnist, Charles Murray, wrote a poignant Saturday Essay in the Wall Street Journal, arguing for a citizens’ revolt over the increasingly complicated world of governmental oversight. Noting that there are currently over 175,000 pages of regulations on the books, and moving in an upward trend, Murray contrasts the amount of regulation
5/10/2015 In a pointed example of a mega-merger gone terribly wrong, jury selection has concluded for the trial of 3 executives from the former New York-based legal powerhouse, Dewey & LeBoeuf. Former Chairman, Steven Davis, former Executive Director, Stephen DiCarmine, and former CFO, Joel Sanders are each facing several charges including fraud, grand larceny, and
5/8/2015 The new locus for discussing the balance between labor and trade in the controversial Trans-Pacific Partnership (TPP) agreement is literally on the feet of millions. President Barack Obama is in Beaverton, Oregon today at the Nike headquarters to deliver a speech promoting the value of the proposed trade deal, especially with regards to imports.
5/7/2015 Just a quick rule of thumb that I tend to go by; when representatives for FIRE industries (Finance, Insurance, and Real Estate), try to tell me that something they are doing is for my benefit, I assume they mean it in the same manner that punching them in the face to keep their sinful