France counting up billions in lost revenues after weeks of Yellow Vest protests
Shortly after slashing its assessment of economic growth, in the final quarter, in half, the central bank has cut overall growth on Thursday. Meanwhile, the regulator remains optimistic about unemployment which they expect will continue to fall.While the new figures show that the economy is expected to slow just 0.1 percent in 2018 and 2019 compared to previous assessment, in real money the sum is quite significant. It may cost the protest-riven EU country up to $28 billion based on the IMF forecast for the country’s GDP for 2018 of almost $2.8 trillion. Also on rt.com Yellow peril? National protests may halve France's economic growth forecast “Overall the more the movement lasts, the bigger the loss for the French economy,” Governor of … [READ MORE...]
CBS Paid the Actress Eliza Dushku $9.5 Million to Settle Harassment Claims
The exchange left Ms. Dushku feeling “disgusting and violated,” according to the interview notes.Mr. Weatherly said that when he mentioned a threesome, it was not to suggest Ms. Dushku take part in a threesome with him and another cast member. “While we’re shooting, in the context of the scene, she held up three fingers, suggesting something,” he said. “And I ad-libbed, ‘Threesome?’”Then came the shooting of a scene involving a windowless van. With the cameras rolling, in front of the cast and crew, Mr. Weatherly said he would take Ms. Dushku to his “rape van,” which, he added, was filled with phallic objects and lubricant, according to the interview notes.Mr. Weatherly said the “rape van” line was an attempted joke that misfired. “The scripted line in that scene was, ‘Hey, young lady, … [READ MORE...]
domains: The Squishiest, Sweetest Sleep
The water bed evolved nonetheless, shaking off its sleazy associations as a lame sexual prop and sight gag. By 1984, Waterbed Magazine fretted that its customers were aging, “edging toward the 40-year old category.” In 1986, according to the Waterbed Manufacturers Association, water bed sales reached nearly $2 billion — between 12 and 15 percent of the American mattress market — and retailers like Waterbed City, based in South Florida, were making millions of dollars. While Mr. Hall was always touted as the father of the industry, he did not share in those riches, though he continued to advise a number of companies, and to design improvements to the original product, as did others. Gone were the shin-nicking wooden frames, and the early sloshings, as water beds went waveless and … [READ MORE...]
Latest News
Strategies: Tech Stocks Often Rise and Fall Together. They Shouldn’t.
There is risk in buying these shares, too, but of a different sort. It’s paramount for an older company to generate cash at a reasonable share price, and trying to “reinvent a company like IBM” — and shift it into a high-growth mode with big acquisitions like IBM’s planned $34 billion purchase of Red Hat — could be a dangerous waste of cash, Professor Damodaran said.“An old company can’t run as fast as a young company can, and usually it shouldn’t try,” he said.There are exceptions, though. In … [Read More...]
Marriott Data Breach Is Traced to Chinese Hackers as U.S. Readies Crackdown on Beijing
James A. Lewis, a cybersecurity expert at the Center for Strategic Studies in Washington, said the Chinese have collected “huge pots of data” to feed a Ministry of State Security database seeking to identify American spies — and the Chinese people talking to them.“Big data is the new wave for counterintelligence,” Mr. Lewis said.“It’s big-data hoovering,” said Dmitri Alperovitch, the chief technology officer at CrowdStrike, who first highlighted Chinese hacking as a threat researcher in 2011. … [Read More...]
Are You Ready for the Financial Crisis of 2019?
4. ChinaYou know who has racked up even more debt than hopeful 20-something ceramics-studies grads in the United States? Here’s a hint: It’s a not-exactly-Communist country in Asia that has been on such a wild debt-fueled building spree that it somehow used more cement in just three years earlier this decade than the United States did in the entire 20th century. Think about that. Now think about it some more. Over the past decade, China devoted mountains of cash to build airports, factories and … [Read More...]
As Hiring Slows, Employers Say It’s Getting Harder to Find Workers
Many of them were able to find jobs in health care, manufacturing, and transportation and warehousing, which were among the strongest job-creating sectors.Employers added 27,000 manufacturing jobs in November, on top of nearly 300,000 positions in the previous 12 months.Those who are doing the hiring, though, have repeatedly complained that the field of available workers has been picked through, and that people with sufficient skills are particularly scarce.At Western in the Milwaukee area — … [Read More...]
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Small Business
domains: The Squishiest, Sweetest Sleep
The water bed evolved nonetheless, shaking off its sleazy associations as a lame sexual prop and sight gag. By 1984, Waterbed Magazine fretted that its customers were aging, “edging toward the 40-year old category.” In 1986, according to the Waterbed Manufacturers Association, water bed sales reached nearly $2 billion — between 12 and 15 percent of the American mattress market — and retailers like … [Read More...]
Robert Plotnik, ‘Bleecker Bob’ of Record-Store Fame, Dies at 75
For nearly 50 years, until it closed in 2013, the business that Mr. Plotnik began with a fellow record collector, Al Trommers, drew rock fans and performers to its quirky selection. And although it originally specialized in oldies, it soon switched its focus to the cutting edge, helping to popularize emerging musicians by sales and by word of mouth.“Without him it’s unlikely there would be the … [Read More...]
Your Money
Live-Streaming Your Broke Self for Rent Money
He now makes upward of $4,000 a month, he said, through a mix of social media platforms. In addition to his call-outs on Periscope, he entices followers to pay $1 a month to unlock videos on Patreon, a subscription platform. He has also figured out how to raise funds through Twitter, by posting screen shots of Venmo donations to shame and entice fans to give more.Viewers occasionally ask him why … [Read More...]
Your Money Adviser: How to Get the Most From a Health Savings Account
Accounts from Further, an account administrator formerly known as SelectAccount, and Bank of America were deemed “solid” choices for investors.(The analysis didn’t include H.S.A.s from Fidelity because the company didn’t begin offering the accounts to individuals outside employer plans until Nov. 15, after the report was completed.)Eric Remjeske, president of the H.S.A. research firm Devenir, said … [Read More...]