Mainstream News

NASA begins selling shuttle launch platforms

"Nasa is selling three huge mobile platforms used to launch the Apollo moon missions and the space shuttle – adding to the list of historic facilities and equipments it wants private industry to take over, including a shuttle launchpad and its landing runway. The massive steel structures – 7.6 metres high (25ft) 49 by 41 metres on top – were originally built in 1967 for the Apollo moon programme’s Saturn rockets, then modified for the space shuttles, which flew from 1981 until 2011. The Kennedy Space Centre launchpad has attracted competing bids from the Amazon founder Jeff Bezos and Elon Musk, co-founder of Paypal and chief executive of electric car company Tesla Motors." Continue reading →

Continue ReadingNASA begins selling shuttle launch platforms

Is Your College Going Broke? The Most And Least Financially Fit Schools In America

"Almost all colleges have noble mission statements, but few have pervasive cultures or are able to focus employees on core competencies the way great companies like Coke, IBM and Wells Fargo do. Most colleges and universities try to be all things to all people. That way of doing business was tolerable when the market of high school graduates was expanding, as it was from 1990 to 2010. However, the production of high school graduates has fallen from its 3.4 million peak in 2011 to a current 3.2 million–and is likely to stay there until 2020. This ugly demographic fact, plus the decline in household wealth brought on by the Great Recession, has exacerbated the problem." Continue reading →

Continue ReadingIs Your College Going Broke? The Most And Least Financially Fit Schools In America

Obama offers plan to deal with the high cost of college

"Barack Obama took aim at the spiralling cost of higher education on Thursday, threatening US universities with a new official ranking system he claimed would help students identify whether they were getting value for money. As crippling student loans are increasingly seen as a impediment to social mobility and a check on US consumer confidence, the president used the latest of his economic speeches to propose a series of limited reforms to encourage lower fees. Besides the new ratings system, Obama’s proposals amounted to a call on state legislatures to stop cutting subsidies, universities to stop putting up fees, and Congress to pass laws limiting loan repayments." Continue reading →

Continue ReadingObama offers plan to deal with the high cost of college

Librarian wants to ban 5-time reading champ from contest

"After Tyler Weaver read 63 books between June 24 and Aug. 3 to win this year’s Dig Into Reading competition at the Hudson Falls Public Library, director Marie Gandron told a reporter from the Glens Falls Post-Star that Weaver 'hogs' the contest every year and should 'step aside.' 'Other kids quit because they can’t keep up,' Gandron said. Gandron's declaration didn't sit well with Tyler and his family. 'When he heard what the director said [about him] he was very upset,' Katie Weaver, Tyler’s mother, told TODAY. 'He’s never seen being good at reading to be a negative thing. And he shouldn’t! He realized that the director was wrong.'" Continue reading →

Continue ReadingLibrarian wants to ban 5-time reading champ from contest

Successful Entrepreneurs Share a Common History of Getting in Trouble as Teenagers

"They found that successful entrepreneurs possess distinct traits identifiable back when they were teenagers. Some of the not-so-surprising traits include having a high IQ, coming from a stable family, having parents who earn a higher than average income, and having exceptionally high self-esteem and confidence. However, some other common traits are often associated with juvenile delinquency. The study found that successful entrepreneurs displaying these traits typically started their careers as top high earning salaried workers, and when they branched out on their own and successfully established their companies, they tended to enjoy a boost in earnings of 70%." Continue reading →

Continue ReadingSuccessful Entrepreneurs Share a Common History of Getting in Trouble as Teenagers

Facebook launches global Internet access initiative

"Facebook and other technology giants launched an initiative Wednesday designed to give the whole world access to the Internet. The project is entitled Internet.org and its goal is to cut the cost of smart phone-based Internet services in developing countries. Today some 2.7 billion people, just over a third of the world’s population, have access to the Internet and the number of new users is growing only slowly each year, a statement said. The other partners in the project are Nokia, Ericsson, Samsung, Qualcomm, MediaTek and Opera, while Twitter and LinkedIn also also due to sign up." Continue reading →

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Would you like unlimited days off?

"The practice is gaining ground in places like Silicon Valley, where start-ups spring up like weeds and venture capitalists who have never seen a timecard make little if any distinction between 'work' and 'nonwork' time for themselves or their employees. For employers, the benefits of unlimited vacations include not having to use staff time to track and record vacation hours. There’s no need to pay employees for their 'accrued' vacation time if they leave; they don’t accrue any. Among the companies that have already put an unlimited vacation policy in place are Netflix; Best Buy; Zynga, the online game maker; and Rodale, the magazine publisher." Continue reading →

Continue ReadingWould you like unlimited days off?

New crowdfunding site JumpStart Fund hopes to launch new startups

"The new platform called JumpStart Fund, marrying crowd-sourcing with crowdfunding, comes from the California-based online community called Jumpstarter, which has been involved in matching investors with technology opportunities. JumpStart Fund was designed to be an online community where people can share ideas and build businesses based on patented technology, with individuals getting stakes in startups based on what they bring to the mix. JumpStart is working with federal research labs holding thousands of patents deemed public property because they were paid for with tax dollars and is reaching out to US universities and private facilities." Continue reading →

Continue ReadingNew crowdfunding site JumpStart Fund hopes to launch new startups

German beer brewers in decades-long price fixing scandal

"Bosses of large breweries in the country have admitted to investigators that a number of firms arranged to raise prices of their premium beer brands, according to reports in German magazine Focus. Until now, it was believed the price-fixing arrangements spanned only a two-year period from 2006 to 2008. Documents seen by Focus reveal that during an interrogation in January, Volker Kuhl, head of the Veltins brewery, said large breweries would pass the price-rising agreements along to smaller producers. The companies involved now face fines in the hundreds of millions of euros, Focus reported." Continue reading →

Continue ReadingGerman beer brewers in decades-long price fixing scandal

China Gold-Mine Deals at Record After Price Plunge

"Acquisitions by China’s gold mining companies reached a record this year as the metal’s steepest quarterly drop in more than nine decades slashes mine values and sidelines Western competitors laden with debt. Takeovers and asset purchases by producers based in China and Hong Kong rose to a record $2.24 billion this year, beating last year’s record $1.96 billion, according to data compiled by Bloomberg. China’s government has urged national gold producers to boost development of overseas resources in neighboring countries and in Africa and Latin America, according to its 12th Five-Year Plan which ends in 2015." Continue reading →

Continue ReadingChina Gold-Mine Deals at Record After Price Plunge