June, 2010
Consumer spending fails to keep pace with increasing incomes
United States financial numbers for May 2010 are in, and as outlined by Bloomberg Business, individual incomes outpaced consumer spending. This reportedly made it much more possible for households to boost all of their savings and support the economic recovery, although how slower spending boosts the nation's economic recovery is in question. It could possibly ...
Should the U.S. Navy blow up the Macondo oil well?
In a recent New York Times op-ed piece entitled "Blow Up the Well to Save the Gulf," former nuclear submarine officer Christopher Brownfield draws our attention to what could be a better alternative for dealing with the BP oil spill. BP CEO Tony Hayward admitted directly to Congress that his company has no intention of ...
Gen. David Petraeus replaces commander disgraced by Rolling Stone
Gen. David Petraeus was named to replace Gen. Stanley McChrystal as being the new U.S. commander within the Afghanistan war. After McChrystal was portrayed in Rolling Stone as openly contemptuous of President Obama and key members of his national security team, McChrystal offered his resignation and Obama accepted it. Every person thought that to preserve ...
Elon Musk of Tesla, Space X and Iron Man – no cash in divorce case
Elon Musk, the high flying tech entrepreneur, is broke. But is he? Musk, the man behind companies as PayPal, Tesla Motors and Space X, said he was out of cash and living on personnel loans when his wife filed for divorce. After he ran off with an actress and left her with all of of ...
SpaghettiOs recall affects 15 million pounds of pre-cooked pasta
Last night, Campbell Soup Business put out a SpaghettiOs recall that affects approximately 15 million pounds of the canned pasta product. The SpaghettiOs recall is not because of any kind of reported illnesses, but was issued "out of an abundance of caution." You will find 3 types of SpaghettiOs within the recall because of uncooked ...
