This will be a new feature. Every Friday, our resident financial editor, Mike, will provide readers with a quick rundown of news from the world of finance. Enjoy! ————- Uncle Warren went shopping. This week, a Berkshire Hathaway subsidiary (MidAmerican Energy Holdings Company) purchased NV Energy for a 23% premium over the most recent trading …
It’s the rallying crying for any political party or ideology that has either recently suffered a defeat or is looking forward to the next election, convinced that “this time” will be “the time.” The script is usually the same. “We will win because our ideas are better!” There is a large segment of voters, both …
This is not surprising. Former Minnesota governor and pro-wrestler Jesse “the Body” Ventura wants to substitute the wife of deceased hero Chris Kyle as the defendant in his defamation lawsuit which arises out of Chris Kyle’s book “American Sniper.” Lawyers for Ventura have asked a federal court to continue his lawsuit against Chris Kyle — …
In 1987, the U.S. Department of Energy proposed funding for an ambitious project to sequence (put in order) every chemical basepair that makes up DNA in a human cell. The assumption was that ~20,000 human genes would be physically located and identified, allowing study of their functions and roles in disease. The proposed project was …
Who Owns Your DNA? SCOTUS To Rule On Gene PatentsRead More »
That “wacko-bird” Rand Paul is at it again. By “at it again” I mean, “making sense.” Despite John McCain’s calls for allowing the rebels to be armed, Paul has a different take: By 2011, President Obama was arming Libyan rebels and ordering airstrikes to overthrow Gadhafi. Some of the president’s most vocal supporters were the same Republicans …
Jonathan Turley is a law professor at George Washington University Law School. While difficult to peg him politically (he is largely liberal with a strong libertarian streak – eg his stance on the second amendment), nobody could say he’s some right wing conservative. He says, it’s time for Eric Holder to go: In the end, …
In the months after Colorado and Washington State legalized marijuana for recreational use, other states are creeping closer and closer to legalization too. Business Insider reports: […] May saw the NYPD’s arrest numbers for marijuana offenses begin to decline, Christopher Robbins at Gothamist reported, with Commissioner Ray Kelly pushing pot to the back seat in favor …
Dr. Michael Ciampi of South Portland, Maine has come up with a new plan to bypass the hassles of dealing with insurance companies as middlemen: he stopped accepting insurance altogether, effective April 1st of this year. However, despite what one may assume, this has actually allowed Dr. Ciampi to charge his patients less than he did before …
New Idea? Doctor Stops Accepting Insurance, Charges Lower PricesRead More »
In today’s comforting news, it seems that Chinese hackers have accessed “the designs of over two dozen [weapons] systems.” One really needs to start a betting pool for the next time US government or US companies get hacked by Chinese computer nerds. These stories seem to come up every other week already. This attack appears …
The Pentagon’s Unprepared for “Full-Scale Cyber-Conflict”Read More »
In case you haven’t noticed, starting January 1st 2014 you will be required to buy a health insurance policy from an exchange if you do not have employer coverage. If you have insurance through your employer, he or she will have to decide between paying a $2,000 penalty or continuing to provide you with your …