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May
16
2013
 
Big Tech | With I/O Speech, Larry Page Reminds Us Why Google Rules TechPosted by: wiredtechbiz in Wired Tech Biz As Google CEO Larry Page spoke Wednesday, his froggy voice not only grew stronger, the impression grew stronger that this is the man, and Google the company, that is leading technology today.
May
15
2013
How Much Do Americans Care About Income Inequality? - Part IIPosted by: realclearmarkets in RealClearMarketsRecently in this space, I criticized an op-ed that claimed to resolve a paradox related to inequality and public policy. Ilyana Kuziemko and Stefanie Stantcheva argued that while Americans are “deeply troubled about the current level of income inequality,” support for government policy to reduce it is low. Based on a series of randomized experiments they conducted with Emmanuel Saez and Michael Norton, Kuziemko and Stantcheva speculated that rising inequality has eroded trust in government, resolving the paradox. Can a dating website help you find a job? EHarmony thinks so. The Santa Monica-based online dating service has plans to launch a career service by the second half of next year. EHarmony may have success matching single men and women – an average of 542 eHarmony members are married every day in the U.S. [...]
May
15
2013
Scandals Have Derailed Obama’s Second Term–But Are They Really Scandals?Posted by: yahootechticker in Yahoo Tech TickerPresident Obama’s second term has suddenly become embroiled in three scandals that have put the Administration on the defensive: Questions about the White House’s role in communications about the Benghazi embassy attack, The IRS’s unfair targeting of conservative groups for tax harassment, and The Justice Department’s decision to sub-poena phone records from AP reporters in [...] Provided by Business Insider: The Congressional Budget Office just published its updated budget projections. “If the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to $642 billion, the Congressional Budget Office (CBO) estimates, the smallest shortfall since 2008,” they wrote. Related: Debt Ceiling Deadline Delayed: [...]
May
15
2013
New Cash Registers Are Sexy, But What’s Beneath the Counter Matters MorePosted by: wiredtechbiz in Wired Tech Biz Beneath the checkout counter, down in the tubes that contain the ancient electronic infrastructure of the global financial system, the sap is rising.
May
15
2013
Bubble in Safety Assets Forming: Seth MastersPosted by: yahootechticker in Yahoo Tech TickerThe Dow (^DJI) and S&P 500 (^GSPC) closed at new record highs Tuesday, leaving both major market indexes up 15% year-to-date, outperforming most other asset classes. Investors clearly are favoring stocks over other asset classes. Commodity prices are little changed (oil) or lower (gold). And 10-year Treasury yields, at 1.95%, are near where they started [...]
May
15
2013
Startups | These Aren’t Your Little Brother’s Drones — Or Big Brother’s EitherPosted by: wiredtechbiz in Wired Tech Biz The drones are coming, but rather than hovering over our homes in some big-brother scenario, they’ll be checking farmer’s crops, inspecting power lines, fighting forest fires and delivering medicines and vaccines in rural Africa. Those are just some of the …
May
15
2013
Mobile | Why Google’s Big Conference Will Be Quieter This YearPosted by: wiredtechbiz in Wired Tech Biz Generally speaking, Google I/O has been bad luck for products launched there. So now the developer conference is turning into mellower, lower-profile affair, starting today.
May
14
2013
America’s Growing Social Security Disability ProblemPosted by: realclearmarkets in RealClearMarketsThe latest Social Security Administration data document that Social Security Disability Insurance (SSDI) rolls reached a record high of 8.85 million in March 2013, an increase of 1.6 million or 21 percent since the start of the Great Recession in 2007.
May
14
2013
Pro-Business Governors Send Love Letters To the OvertaxedPosted by: realclearmarkets in RealClearMarketsLast month Texas Governor Rick Perry showed up at a business conference in Chicago making a pitch to the attendees to consider his state for their jobs. Illinois’ newspapers didn’t like Perry’s chutzpah in openly touting the Lone Star State in their backyard, but Perry wasn’t alone. Wisconsin’s Scott Walker showed up, too. And while Florida’s Rick Scott didn’t make it to the Prairie State, he sent a love letter to executives there which began with the salutation, “Dear Illinois Business Owner.” You can guess what came next.
May
14
2013
Health Science | Larry Page’s Vocal Cords Are Partially ParalyzedPosted by: wiredtechbiz in Wired Tech Biz Google CEO Larry Page says both his vocal chords are partially paralyzed, a “very rare” condition. He’ll be speaking softly and funding research.
May
14
2013
Health Science | Larry Page’s Vocal Chords Are Partially ParalyzedPosted by: wiredtechbiz in Wired Tech BizGoogle CEO Larry Page says both his vocal chords are partially paralyzed, a “very rare” condition. He’ll be speaking softly and funding research.
May
14
2013
Dow 20,000 by 2020, Beware “Safety Bubble”: Bernstein’s Seth MastersPosted by: yahootechticker in Yahoo Tech TickerThe Dow Jones Industrial Average (DJI) is on track to extend its Tuesday winning streak to 18: Blue chips were up 93 points to 15,185 in recent trading. Seth Masters, chief investment officer at Bernstein Global Wealth Management, which has over $450 billion in assets under management, reiterates his call that the Dow would hit [...]
May
14
2013
Sony Stock Soars As Hedge Funder Dan Loeb (Politely) Demands ChangePosted by: yahootechticker in Yahoo Tech TickerShareholder activism is a rough business. Investors who amass large stockholdings and then demand changes are usually resisted and excoriated by the companies’ managements, who do everything they can to defeat them. The resulting fights for control can often be public and ugly, with both sides seeking to dig up dirt or arguments with which [...] |
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