by on December 27, 2017
The past year has been a bleak one for many retailers. Over 20 retail chains -- including Radio Shack, Toys R Us, and HHGregg -- filed for bankruptcy, and some were liquidated. Things are not likely to get better in 2018. They may even be worse. "I think the early part of next year will be pretty bad ... I think it will be tough," Moody's lead retail analyst Charlie O'Shea told CNBC. The 17 companies below all struggled in 2017. Many of them closed stores, and some have even file...
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by on January 28, 2018
Dedicating a 31-kilowatt photovoltaic array at Rainshadow Community Charter High School, in Reno, Nevada.  Editor’s note: On Jan. 22, 2018, the Trump administration announced plans to impose punitive dutieson solar panels imported from abroad. This decision came in response to a complaint filed by two solar companies, but much of the industry opposes the action, which trade groups say will increase the cost of solar projects and depress demand. To illustrate what’s at stake, energy schola...
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by on March 15, 2018
Project Destined teaches kids how to value and finance local apartment buildings, and then given the opportunity to share in real profits from those properties. How do you get inner-city kids off the streets? Give them a vested interest in those streets and a stake in the property around them. That is the philosophy behind a new program that teaches teens financial literacy through investments in real estate. Kids are taught how to value and finance local apartment buildings, and then ...
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by on December 15, 2017
Tis the season for giving, and one Bitcoin investor claims to be giving away the majority of their cryptocurrency holdings after experiencing an incredible year. The unnamed donor has set up a fund to hand out $86 million worth of Bitcoin to various charities, and they’ve already started listing the donations and providing receipts. If this whole thing works out, you can just call this mystery person the Bitcoin Bill Gates. So far, The Pineapple Fund claims to have distributed just over $...
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by on February 10, 2018
The pipeline industry is ramping up its campaign against activists. In Iowa, legislation backed by Energy Transfer Partners, the company behind the Dakota Access Pipeline, would criminalize peaceful protest. Former Iowa lawmaker Ed Fallon argues that “multiple acts of arson and vandalism against the pipeline in 2016 and 2017 provided the ostensible justification for this legislation, giving Energy Transfer Partners the cover it needed to push for a bill that has nothing to do with sabo...
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by on February 8, 2018
This is a story about anger. This is a story about racism, twerking for change, single mothers, financial struggle, exhaustion, resistance, extortion, stigma, sex work, alienation, seeing the future and the past, knowing all the ways we are being screwed and getting dressed up anyway. Because we have rent, kids, student loans, a grandmother with dementia. This is a story about stripper pride. A selfie at work in a Jacq the Stripper Hat. (She has her own line: Strippersforever.com.) ...
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by on December 27, 2017
The richest people on earth became $1 trillion richer in 2017, more than four times last year’s gain, as stock markets shrugged off economic, social and political divisions to reach record highs. The 23 percent increase on the Bloomberg Billionaires Index, a daily ranking of the world’s 500 richest people, compares with an almost 20 percent increase for both the MSCI World Index and Standard & Poor’s 500 Index. Amazon.com Inc. founder Jeff Bezos added the most in 2017, a $34,2 billion ...
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by on December 27, 2017
For a decade, Arizona-based Biological Resource Center persuaded dying Americans to donate their bodies to science. More than 5,000 did. Here’s what happened to thousands of them. Sam Kazemi stood over the old man’s corpse. Nearby lay pliers, a scalpel and a motorized saw designed to cut drywall and pipe. On a busy day, Kazemi might harvest body parts from five or six people who had donated their bodies to science. On this day in November 2013, the corpse before Kazemi typified the donors wh...
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by on January 16, 2018
A midnight deadline looms large for 1,100 workers at the Hunts Point Produce Market. Their three-year contract expires at the end of the day Tuesday, and Teamsters Local 202 President Daniel Kane Jr. said both sides remain far apart regarding a wage increase for the workers. He said management offered a 30-cent per hour pay raise, while union leaders want a dollar-per-hour increase. The union members voted unanimously Saturday to reject management's contract offer and authorize a strik...
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by on March 9, 2018
BREAKING: Martin Shkreli has been sentenced to seven years in prison for defrauding investors, U.S. District Judge Kiyo Matsumoto roughly splitting the difference between what prosecutors and defense attorneys had asked for. The former hedge fund manager showed little reaction to the sentence. He will receive credit for the six months he has served while awaiting sentencing. Before hearing the verdict, Shkreli addressed the court and cried as he said he was sorry and had learned from his exper...
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by on December 15, 2017
  Reproduced from Walt Disney Company; Chart: Axios Visuals Walt Disney Company announced Thursday that it has agreed to acquire the entertainment assets of 21st Century Fox, including Fox's movie studio and entertainment television networks, as well as Fox's international TV assets. Why it matters: The new mega-media company will nearly double in size, giving it better leverage to compete with tech giants like Netflix for entertainment viewership and more opportunities to expand Di...
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by on February 9, 2018
Hurricane Maria left her atelier without power. Her seamstresses lost everything and her house flooded. But Puerto Rican designer Stella Nolasco put tragedy behind her to bring a color and optimism to New York Fashion Week, laced with a clear political message. She was just starting to prepare for her fall/winter 2018 collection when the monster storm tore through the island on September 20, devastating the US territory and leaving Puerto Rico without power or telecommunications for months. ...
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