Replacing Russian gas with American LNG would be ‘absolutely ridiculous’ – expert to RT
Germany currently gets around 60 of its natural gas imports from Russia. Berlin has been sharply criticized by US President Donald Trump for being a “captive to Russia.” In an attempt to push American LNG to German consumers, the White House threatened to sanction European companies for participating in the Gazprom-led Nord Stream 2 gas pipeline project. Russian gas sales to EU hit record high despite the Skripals, election meddling all that jazz Earlier this week, US Deputy Secretary of Energy Dan Brouillette announced ambitious plans to enter the German energy market in the near future. “US liquefied natural gas is coming to Germany,” he said, as quoted by German media. “The question is not if, but when.”RT talked to energy experts to get to the bottom of … [READ MORE...]
In Beating Disney for Sky, Comcast Remains in the Game
Indeed, the most stinging loss may belong to the Murdoch family, which has been fighting for control of Sky for the better part of a decade. Mr. Murdoch, 87, co-founded the satellite TV company in 1989 to compete with the British Broadcasting Corporation. Sky, which has 31,000 employees and generated about $17 billion in revenue last year, ranks as one of the most popular TV brands in Europe. It creates its own original shows, runs an influential news channel and has exclusive partnerships in Europe with HBO, Showtime and Warner Bros.After losing out to Disney in the battle for 21st Century Fox, getting Sky became an imperative for Comcast. It was, by some measures, the only way for the Philadelphia-based cable company to stay squarely in a media game now dominated by supertankers like … [READ MORE...]
Bags of Cash and Stealthy Deliveries: How Pot Start-Ups Pay Taxes
The federal government has a history of taking a hard-line view of this industry. In 2015, the Federal Reserve Bank of Kansas City likened Colorado’s legalization of marijuana to allowing “trade in endangered species or trade with North Korea.”But that hard-line is beginning to change, which could mean that down the road, federal regulations might loosen up.Senator Chuck Schumer, Democrat of New York, said last month that he would introduce a bill decriminalizing cannabis. And President Trump recently suggested that he would be open to signing a law that would allow states to control their cannabis industries without threat of federal prosecution. A business group, the National Cannabis Industry Association, recently produced a video encouraging citizens to ask Congress to “support legal … [READ MORE...]
Latest News
Workers Overdose on the Job, and Employers Struggle to Respond
In theory, employers are in a unique position to confront opioid misuse, through random testing and spotting erratic behavior or absenteeism, said Mr. Chase, the author of “The Opioid Crisis Wake-Up Call.” They could change their health insurance policies to limit opioid prescriptions to five days and waive deductibles for addiction treatment — an option that is often not available to construction firms because they typically do not provide health insurance.But many employers have been slow to … [Read More...]
Tech We’re Using: Windows on How Cities Change Can Be All Too Captivating
I also like to know how places vote. For the 2016 election, I refer to a pretty incredible interactive precinct-level map The Times published this year. I draw information from the Census Bureau on things like demographics, population change and housing stock. The University of Virginia’s Racial Dot Map, based on the 2010 census, is a fantastic resource for eyeballing patterns of racial segregation; also, it’s just beautiful to look at. And I spend a lot of time lurking on the housing market in … [Read More...]
State of the Art: Why Jeff Bezos Should Push for Nobody to Get as Rich as Jeff Bezos
“We have technology that has allowed us to create vastly more wealth for society,” said Erik Brynjolfsson, director of the M.I.T. Initiative on the Digital Economy. “But there’s no economic law that says that these benefits will be distributed evenly — and it’s worked out that some people have gotten most of the benefits and a lot of other people have been left behind.”But economics isn’t destiny, he said.“Technology has led to some of this concentration, but since it makes the pie bigger, you … [Read More...]
Republicans Opposing Trump on Trade Face Election Quandary
Few Republicans break with Trump on tariffsThe awkwardness starts at the top for congressional Republicans. Mr. Ryan, for example, has been one of the loudest cheerleaders for the $1.5 trillion in tax cuts that Republicans sped through Congress late last year, and has frequently praised Mr. Trump for them. He criticized Mr. Trump’s steel and aluminum tariffs when they were announced. “There are better ways to help American workers and consumers,” Mr. Ryan said in May, after Mr. Trump allowed the … [Read More...]
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- Defying Erdogan, Turkey’s Central Bank Raises Interest Rates
- E.C.B., at Latest Meeting, Highlights Risks From Trade War
- U.S. Household Income Rises to Pre-Recession Levels, Prompting Cheers and Questions
Small Business
Bags of Cash and Stealthy Deliveries: How Pot Start-Ups Pay Taxes
The federal government has a history of taking a hard-line view of this industry. In 2015, the Federal Reserve Bank of Kansas City likened Colorado’s legalization of marijuana to allowing “trade in endangered species or trade with North Korea.”But that hard-line is beginning to change, which could mean that down the road, federal regulations might loosen up.Senator Chuck Schumer, Democrat of New … [Read More...]
Some Said They’d Flee Trump’s America. These People Actually Did.
Unplugging and Yet NotJust like late-1960s hippies, right? But living an untethered life has gotten easier now that many people need only a laptop and a fast internet connection to earn a living. Websites like Nomadlist help people decide where on Earth to go. The rise of Airbnb makes it easy to rent space in most corners of the globe with a swipe of your iPhone. Roving parents can find global … [Read More...]
Your Money
Your Money Adviser: An Alternative to Payday Loans, but It’s Still High Cost
Reaction to the new loans has been mixed. Nick Bourke, director of consumer finance at the Pew Charitable Trusts, which supports making affordable small loans available to consumers with appropriate safeguards, said the new loan appeared promising. When the loan program was announced, he tweeted that it was a “game changer.” Pew opposes payday loans, but has called for mainstream banks to offer … [Read More...]
Wealth Matters: Life Insurance Offering More Incentive to Live Longer
This may sound trivial, but behavioral economists say short-term rewards drive long-term results.“The main thing we’ve seen in a variety of studies looking at health incentives is that healthy people are very interested in being in these types of programs,” said Justin Sydnor, associate professor of risk and insurance at the University of Wisconsin at Madison. “One, it’s about money, but two, … [Read More...]