Daily Digest

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Daily Digest 7/7 - The World's Biggest Corporate Fines, Global Economic Deadline Is Here, How To Avoid 'Internet Doomsday'

Saturday, July 7, 2012, 10:11 AM

Economy

Punytive Damages? The World's Biggest Corporate Fines (David B.)

We’ve gathered and visualized the biggest corporate fines of the last seven years, not just as raw amounts, but also as a percentage of each company’s profits. That way you can see for yourself if the punishment was painful or puny…

Internet will vanish Monday for 300,000 infected computers (rhare)

DNSChanger hijacked users' clicks by modifying their computers' domain name system (DNS) settings to send URL requests to the criminals' own servers, a tactic that shunted victims to hacker-created sites that resembled real domains.

How To Make Sure You Won't Lose All Internet Access on Monday (jdargis)

If you were, there’s a good chance you would have realized at some point last year that some normal websites were looking a bit odd, filled with pop-up ads or trying to sell you things you didn’t want. But hey, the Internet is an odd place, so it’s possible you didn’t notice the difference. If so, the DCWG website should be able to tell you for sure. Or you can go straight to the source and type your DNS information into a website set up by the FBI.

Global Economic Decline Is Here, Now (David B.)

While the Report stresses that this is the 37th straight month of economic growth, that belies the reality of the current contraction. The most important point here: new orders were down, -12.3%, which is a significant contraction. Other important factors: production -4.6%, order backlog -2.5%, exports -6.0%, inventories -2.0%, and prices -10.5%.

Free Exchange: Move Over (jdargis)

The authors analyse census data gathered monthly between 1991 and 2011, and find that the pattern of falling mobility persists across all parts of the workforce. Mobility is down across “all education levels, for people of all marital statuses, and for both single-earner and multiple-earner households.” Ageing is a red herring: mobility rates have dropped most for young workers. It isn’t so much the American worker that is changing, they argue, but the American economy. Reduced mobility largely reflects two shifts in the nature of economic activity.

California Approves Funding for High-Speed Rail Line (jdargis)

The bill authorizes the state to begin selling $4.5 billion in voter-approved bonds that includes $2.6 billion to build an initial 130-mile stretch of the high-speed rail line in the Central Valley. That will allow the state to collect another $3.2 billion in federal funding that could have been rescinded if lawmakers failed to act Friday.

After Wildfire, a Cowboy Band Fights to Keep a Heritage Alive (jdargis)

On June 26, hot winds whipped a wildfire north of Colorado Springs into an inferno, doubling its size and sending it sprinting toward the subdivisions and businesses in the foothills. The Flying W was square in its path. A last team of employees and neighbors raced to ferry the ranch’s 40 head of cattle to safety, and joined an exodus of residents fleeing the blizzard of ash and smoke.

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Reports From Williamsburg LENR Conference

http://www.e-catworld.com/2012/07/reports-from-williamsburg-lenr-conference/

...a couple of interesting reports...Peter Hagelstein of MIT presented his latest theory of LENR which was apparently well received...Mitteldorf discusses the politics involved in cold fusion research and give examples from stories he heard at the conference.

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