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Throwing Away A Defense Satellite Is Wasting $500 Million: Blame Congress & Lockheed & the Air Force

www.Forbes.com - Tue, 01/12/2016 - 23:09
IN SPACE: Thissatellite image shows a low-pressure weather system over the Middle East, hampering U.S. military operations in Iraq. (Photo by NASA/Getty Images)     In a rare naming and shaming of specific defense waste, House Armed Services subcommittee chairman Mike Rogers (R-Alabama) said Jan. 7 of the last military weather satellite “We [...]

Ford Shareholders Get 40 Percent Bonus Amid Glowing Outlook for 2016

www.Forbes.com - Tue, 01/12/2016 - 23:07
Carmaker's strong financial performance results in $1 billion special dividend for shareholders.

Does Anyone Really Care About The Internet Of Things?

www.Forbes.com - Tue, 01/12/2016 - 22:55
Last week's Consumer Electronics Show ("CES") put a spotlight on Internet of Things ("IOT") and the smart home. Has it now arrived? I'm skeptical because I don't yet see the killer app.

33 Celebrities on Drinking Water

www.Forbes.com - Tue, 01/12/2016 - 22:42
A wise merman once said, "Moisture is the essence of wetness and wetness is the essence of beauty." He wasn't wrong. Since then, celebrities have expressed their love and devotion for life's most rudimentary liquid. Here, 33 quotes from celebrities about the fascinating subject of water.

DoubleLine's Jeff Gundlach Says Stocks And Junk Bonds Face An "Ugly Situation" In 2016

www.Forbes.com - Tue, 01/12/2016 - 22:38
DoubleLine's Jeff Gundlach says stocks and junk bonds face an "ugly situation" in 2016.

Warren Buffett Buys Phillips 66 For Fourth Consecutive Day

www.Forbes.com - Tue, 01/12/2016 - 22:29
Warren Buffett (Trades, Portfolio) continues to build his stake in Phillips 66 (NYSE:PSX), reporting Monday his third purchase filing this month. Buffett’s company Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) said it bought 1,645,887 shares of the company on Jan. 7, at prices ranging from $76.45 to $78.01 per share. This represents a 2.64% increase [...]

U.S. Has The Edge For Developing Unconventional Resources

www.Forbes.com - Tue, 01/12/2016 - 22:27
The upstream petroleum industry has achieved near miracles producing unconventional resources, using technologies developed in the United States mainly by independent oil companies. Unconventional resources require technologies typically not used to produce conventional oil and gas reservoirs. In particular, the combination of horizontal wells and hydraulic fracturing has been key to [...]

'That Dragon, Cancer' Is Brutally Emotional Storytelling -- And We Need More Games Like It

www.Forbes.com - Tue, 01/12/2016 - 22:20
That Dragon, Cancer is heart-wrenching, brutal, and unapologetic in the ferocity with which it elicits your emotions. We need more games like it.

Added Penalties For Worker Safety Violations: The Other Yates Memorandum

www.Forbes.com - Tue, 01/12/2016 - 22:18
In September 2015, Department of Justice Deputy Attorney General Sally Quillian Yates issued a memorandum instructing federal prosecutors to step-up individual prosecutions for corporate wrongdoing. The much-discussed “Yates Memorandum” was issued in response to criticism that federal prosecutors had been lax in prosecuting individual executives for crimes committed during the 2008 financial crisis and has garnered a lot of attention from practitioners and commentators. White-collar lawyers and their corporate clients also should be aware of the “other” Yates Memorandum quietly issued at the end of 2015, announcing that federal prosecutors will look for ways to charge a variety of felonies in routine worker safety cases to take advantage of the greater penalties available under environmental and other criminal laws

Google Car Boss: We Need Help From Automakers

www.Forbes.com - Tue, 01/12/2016 - 22:14
The head of Google's self-driving car project hints at partnerships with traditional automakers, but stops short of any announcements.

This Product Is Making Sure Women Never Undermine Themselves On Email Again

www.Forbes.com - Tue, 01/12/2016 - 22:09
Tami Reiss knew she had a problem. As CEO of Cyrus Innovation, a New York City-based consultancy that helps companies of all shapes and sizes buildbetter products, she knew she was a powerful, capable woman. She led teams, made bold decisions, and pushed the envelope of what was possible in [...]

Cars At CES - Driverless Cars Get Real

www.Forbes.com - Tue, 01/12/2016 - 22:05
At CES 2016 the future of the automotive and digital worlds converged. From the controversial Faraday Future to the expanding power of NVIDIA's on board supercomputer... the dawn of the digital car is here.

Cyber Security, Small Business And The 2015 Trends That Will Matter More In 2016

www.Forbes.com - Tue, 01/12/2016 - 22:03
One year ago, we stepped into 2015 with relatively high hopes for a brighter economic future, with unemployment on the decline and job growth stimulating various industries. Though promising, the U.S. and global economies still felt the pressure of persisting, emerging and evolving challenges that would continue to color the [...]

Is FAA Saying It's OK For AMA Members To Lie On Drone Registration Form?

www.Forbes.com - Tue, 01/12/2016 - 22:00
The FAA wants drone operators to register so badly, apparently, that it may be waiving the usual requirement for truthful responses to questions on government forms. Sound bizarre? I thought so, too. But in the latest twist in the confusing saga of drone registration - I've written before on the [...]

How To Remain Anonymous If You Win The $1.5 Billion Powerball

www.Forbes.com - Tue, 01/12/2016 - 21:58
Here are several tips on how you can remain anonymous if you just won this week's $1.5 billion Powerball lottery.

Bitcoin-Like MintChip Acquired By Canada's nanoPay With Digital Cash Future Promise

www.Forbes.com - Tue, 01/12/2016 - 21:58
nanoPay Corporation, a loyalty and payment platform tech start-up in Toronto, has acquired all the assets related to MintChip, a fledgling digital currency developed by the Royal Canadian Mint (RCM), which has been in the coin making business for over 100 years, and likened to Bitcoin - but backed originally [...]

Retailers At Risk: These Five Store Chains Face An Uphill Battle In 2016

www.Forbes.com - Tue, 01/12/2016 - 21:50
J.C. Penney is among the five retail chains operating with the least efficiency and considered 'high risk,' according to financial health tracker Rapid Ratings. Also listed: American Apparel, which has reported losses since 2010.

The Death Of Celluloid As Shooting Stock Is Much Exaggerated

www.Forbes.com - Tue, 01/12/2016 - 21:47
BEVERLY HILLS, CA - JANUARY 10: In this handout photo provided by NBCUniversal, Quentin Tarantino accepts the award for Best Original Score - Motion Picture for 'The Hateful Eight' during the 73rd Annual Golden Globe Awards at The Beverly Hilton Hotel on January 10, 2016 in Beverly Hills, California. (Photo [...]

California Regulators Reject VW's Recall Plan For Diesel Vehicles As Talks Continue

www.Forbes.com - Tue, 01/12/2016 - 21:47
The stiff-arm from the California Air Resources Board may not be a major setback, with another potential fix involving catalytic converters in the works.

5 Most Underwhelming Wearables Of CES

www.Forbes.com - Tue, 01/12/2016 - 21:42
This year, CES wearables were disappointing and kind of sad.
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