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The answer: Electrolux vacuum cleaners and Trump's proposed tariffs on imports of steel and aluminum. The question: Name two things that really suck.
Electrolux, Sweden's largest appliance maker, suspends plans for $250 million plant expansion in Tennessee, citing Trump's proposed tariffs
http://www.usatoday.com/story/money/...ent/394409002/
There are 2,208 billionaires in the world. They hold a combined net wealth of $9.1 trillion. Forbes just released its annual Billionaires list. Here is the top ten. (If I can save just a few more dollars, I might make next year's Hundredaires list.)
1. Jeff Bezos, $112 billion
2. Bill Gates, $90 billion
3. Warren Buffett, $84 billion
4. Bernard Arnault & family, $72 billion
5. Mark Zuckerberg, $71 billion
6. Amancio Ortega, $70 billion
7. Carlos Slim Helú & family, $67.1 billion
8. Charles Koch, $60 billion
9. David Koch, $60 billion
10. Larry Ellison, $58.5 billion
Jeff Bezos moves to top spot on Forbes' annual Billionaires list
https://www.forbes.com/billionaires/#6a23b7a8251c
In response to last month's massacre at a Parkland high school, many businesses are halting sales of guns and ammo to minors. Even dating apps are taking action:
No love for guns: Dating app Bumble to bar profile photos featuring firearms
https://www.nbcnews.com/tech/social-...turing-n854261
My prediction: Legos will continue to decline in sales as kids find new pastimes and new forms of entertainment. Legos will eventually join Lincoln Logs, Erector Sets, ColorForms, pogo sticks and electric trains on the Pile of Passé Toys.
Lego posts first drop in revenue since 2004
http://www.yahoo.com/news/lego-posts...161427582.html
The "alcopop" probably will not be sold outside of Japan. What would John Pemberton think?
Coca-Cola plans to launch its first alcoholic drink
www.bbc.co.uk/news/business-43313147
This is for all of you who have spent many years wishing your big-screen television could look like a painting. Oh wait -- nobody has ever wished that.
Samsung's new smart TV is a tech chameleon
CNN, Mar 7 2018 11:54 AM ET
Samsung's new smart TVs blend in with their surroundings like a chameleon. The South Korean tech giant today announced its 2018 lineup of QLED TVs and the standout feature is what Samsung calls "ambient mode," which mimics the colors and patterns of the walls around it when users aren't watching a show or movie. The intent is to match interior décor rather than looking like an eyesore on the wall.
To set up the feature, you'll need to take a picture of the mounted TV via the corresponding Samsung SmartThings app. From there, the app uses a color and brightness matching process to display the same color or pattern as the TV's surroundings. Users can also upload their own photos instead or use installed images such as a photo of mountains. Samsung has not yet announced pricing. The TVs will be available this month.
http://money.cnn.com/2018/03/07/tech...ode/index.html
This is creepy. Maybe Alexa is hoping to star in a remake of The Exorcist.
Amazon Echo users report spontaneous childlike laughter coming from Alexa
http://www.nbcnews.com/news/us-news/...-alexa-n854616
For that price, it had better include Sirius and XM both.
Bugatti unveils $3.4 million Chiron for the race track
Has 16-cylinder engine, four turbochargers, top speed of 261 mph.
http://www.clickondetroit.com/automo...the-race-track
Three days ago, insurer AXA bought XL Group for $15.3 billion. That insurance deal pales in comparison to this one:
Cigna to acquire Express Scripts in $67 billion deal
http://www.upi.com/Top_News/US/2018/...4011520520807/
Wow! Is it too late to apply for a job at Walmart?
Kansas and Missouri Walmart workers get $22.6 million in bonuses
http://www.kctv5.com/story/37683740/...26m-in-bonuses
I would not feel safe sharing a road with driverless cars and trucks. And I would certainly never buy a self-driving car. Why would I want to own a vehicle that can go on a vacation without me?
Waymo to test self-driving truck in Atlanta
http://www.ajc.com/business/waymo-te...9CkLq0rm70SFL/
Reagan was an actor who became President. Obama is a President who might become an actor.
Obamas discussing potential programming agreement with Netflix
http://www.latimes.com/local/lanow/l...309-story.html
I wonder where Geoffrey the Giraffe will go to apply for unemployment benefits.
Report: Toys Я Us likely going out of business
Sources say the toy chain, which filed for bankruptcy protection in September, is evaluating bids to liquidate the locations.
http://wsbt.com/news/nation-world/re...ess-03-09-2018
Facebook just signed a deal to stream 25 afternoon major league baseball games this year -- and now Twitter will stream 24 soccer games in the next three years. I think a trend has started.
Twitter to stream one Major League Soccer match each weekend
https://sports.yahoo.com/twitter-str...s.html?src=rss
The doll is part of Mattel's "Inspiring Women" line of Barbies. Memo to Mattel: Next time you want to make a doll of a famous person, first get approval from the family.
Mattel has a new doll, Frida Kahlo Barbie; descendants of the artist want it off the shelves
http://www.latimes.com/world/mexico-...308-story.html
Many workers now have microchips implanted in their hands. Christians see this as the beginning of the fulfillment of the prophecy in Revelation chapter 13: "The second beast required all people small and great, rich and poor, free and slave, to receive a mark on their right hand or on their forehead, so that no one could buy or sell unless he had the mark: the name of the beast or the number of its name." There ya go!
More companies are using technology to monitor employees, sparking privacy concerns
ABC News, Mar 10 2018 7:04 AM
Sensors and microchips may signal a new era of a connected workforce but some experts say these technologies also put employees' privacy at risk. Three Square Market, a tech company based in Wisconsin, started an optional microchipping program for its employees in July 2017. UPS has sensors on its delivery trucks to track the opening and closing of doors, the engine of the vehicle and whether a seat belt is buckled. A patent for smart wristbands that would be worn by Amazon fulfillment center employees was approved at the end of January. The wristbands would use ultrasonic tracking of a worker's hands to "monitor performance of assigned tasks," according to the patent application.
Paula Brantner, a senior adviser at Workplace Fairness, a nonprofit public education and advocacy organization that works to promote and protect employee rights, said, "People don’t realize that there aren’t a lot of laws protecting privacy in the workplace. Employees may not even be aware of how all the data is being tracked and how it's being used. They are just going to accept this as something they have to do to keep their job."
http://abcnews.go.com/US/companies-t...ry?id=53388270
Liveris has been with Dow since 1976, first in his native Australia and then in Asia. He has been CEO since 2004. DowDuPont will spin off into three separate companies this year.
Longtime Dow Chemical chief Andrew Liveris to step down
http://www.msn.com/en-us/money/compa...D=ansmsnnews11
Walt Disney often said, "If you can dream it, you can do it." But he never could have dreamed of computer animation, mobile apps, streaming, online gaming, FastPass, MagicBands and other technologies that are common today.
Disney is set to dominate Netflix
Business Insider, Mar 12 2018 10:42 AM
Disney has all the means to become the "world's leading content company," writes RBC Capital Markets analyst Steven Cahall in a note to investors. The company could spend $30 billion annually on video-streaming content, far outspending Netflix, which plans to spend $8 billion on content this year. Disney also has the advantage of using its unparalleled customer engagement, as well as its theme parks and cruises, to draw an organic and global audience. Cahall boosted Disney's price target to $135 per share, roughly 30% above its current share level.
http://markets.businessinsider.com/n...8-3-1018620559
Trump was happy last November when he learned Broadcom would relocate from Singapore to Delaware, bringing jobs and tax revenue back to the US -- but apparently he isn't all that happy:
Trump, citing national security concerns, blocks Broadcom from buying Qualcomm
http://www.latimes.com/business/tech...312-story.html
Bezos has a net worth of $131 billion. All but $6 billion of that is Amazon stock. He could be spending some of his money to fund cancer research, to help homeless people, to provide college scholarships, to aid disaster victims, or any number of other charitable deeds instead of indulging in the fantasy that the commonplace space travel depicted in the 1962-63 cartoon series The Jetsons is ever going to become a reality.
Jeff Bezos is putting $1 billion a year into rocket-maker Blue Origin by selling Amazon stock
http://www.latimes.com/business/la-f...312-story.html