The ink’s barely dry on AT&T’s $86 billion acquisition of Time Warner. But the company is already jacking up prices for its streaming TV customers, something AT&T repeatedly stated wouldn’t happen during the company’s sales pitch for the controversial deal. AT&T last week informed its DirecTV Now streaming video customers they’ll be paying $5 more... Continue Reading →
These haunting photos of the retail apocalypse reveal a new normal in America
The retail apocalypse has descended on America. More than 3,800 store s are expected to close across the country this year. Department stores like Macy's, Sears, and JCPenney, and retailers including Toys R Us, BCBG, Abercrombie & Fitch, and Bebe have decided to close dozens of stores. A new survey by commercial real estate company... Continue Reading →
Seattle bans plastic straws, utensils at restaurants, bars
Looking for a plastic straw to sip your soda? It’s no longer allowed in Seattle bars and restaurants. Neither are plastic utensils in the latest push to reduce waste and prevent marine plastic pollution. Businesses that sell food or drinks won’t be allowed to offer the plastic items under a rule that went into effect... Continue Reading →
Why the world should adopt a basic income
A BASIC income (BI) is defined as a modest, regular payment to every legal resident in the community, paid unconditionally as a right, regardless of income, employment or relationship status. Contrary to conventional wisdom, the case for BI does not rest on the assumption that robots and artificial intelligence will cause mass unemployment or that... Continue Reading →
Millions Of Baby Boomers Will Retire And Age Solo
Visit any retirement community on a Saturday or Sunday and you will find lots of visitors milling around the common areas, coming and going from individual apartments, ushering loved ones into cars and whisking them off to lunch in a nearby restaurant or eating in the dining hall as guests. Almost all of these visitors... Continue Reading →
Deep Learning Equips Robots to Help Autistic Children With Therapy
Children who have autism often find it challenging to ascertain the emotional state of people surrounding them. For example, they have trouble differentiating between a scared and a happy face. In order to resolve this concerning issue, some therapists have begun employing children-friendly robots who demonstrate these emotions and help them imitate these feelings so... Continue Reading →
Injured woman begs people not to call ambulance because she can’t afford it
A woman trapped between a train and a platform in Boston, with her bone exposed through her thigh, pleaded with bystanders not to call an ambulance, asking them “do you know how much an ambulance costs?” The accident happened on Friday, and a Boston Globe reporter on the scene described how the woman slipped between... Continue Reading →
Billionaire Richard Branson thinks America should give out free money to fix inequality
Richard Branson is an advocate of universal basic income. That's to say he believes that everyone should receive a living wage from the government, regardless of financial status. "A basic income should be introduced in Europe and in America," Branson told The New York Times on Saturday. "It's great to see countries like Finland experimenting... Continue Reading →
These 50 founders and VCs suggest 2018 may be a tipping point for women
For the last several years, we’ve compiled profiles of women founders and investors at the end of each year because they’ve either raised substantial amounts of money or otherwise achieved notable milestones. This year, we don’t want to wait until December. We’re too excited about the progress we’re witnessing, with women-led startups getting seed, Series... Continue Reading →
Wells Fargo accused of misconduct again
Wells Fargo is once again being accused of misconduct, this time because it allegedly used complex financial investments to take advantage of mom-and-pop investors. The Securities and Exchange Commission said on Monday that between 2009 and 2013, Wells Fargo (WFC) reaped large fees by "improperly encouraging" brokerage clients to actively trade high-fee debt products that... Continue Reading →