Links for June 27 2016

[admin]

Sentieo, which officially launched last month, joins other challengers — including Money.net and Goldman Sachs-backed Symphony, a financial messaging platform — that are taking aim at segments of Bloomberg’s business. Money.net has tripled its subscriber base to more than 30,000 individuals in two years, plus eight of the 10 largest US banks, founder Morgan Downey told The Post. Subscriptions cost $150 a month.

This company wants to replace the Bloomberg terminal at a fraction of the price - MarketWatch

Jet lag happens to us all when we travel. But for flight attendants, it's a regular occurrence — and they know a lot more than most travellers about adjusting to different time zones. To find out how cabin crew tackle jet lag on the job, we spoke to flight attendant and author of "Cruising Attitude: Tales of Crash Pads, Crew Drama, and Crazy Passengers at 35,000 Feet", Heather Poole, and combined her advice with our own research, including this Quora thread on how other airline staff avoid this side effect of travel. Here's what you can do to beat jet lag

How to beat jet lag - Business Insider

All new cars registered in Germany need to be emissions free by 2030 at the latest to help meet pollution reduction goals, a senior government official said. Germany’s pledge to cut carbon dioxide output by 80 percent to 95 percent by 2050 will be in jeopardy unless the country radically reduces transportation pollution, said Deputy Economy Minister Rainer Baake. Since cars typically have a 20-year lifespan, registrations of new diesel and gasoline cars needs to be cut over the next 15 years, he said.

Energy Voice | All cars in Germany to be emission free by 2030 - News for the Oil and Gas Sector

The researcher hired by Toyota Motor Corp. to spearhead its robotics and artificial intelligence efforts says the automaker’s production principles can be applied to build affordable helper robots for rapidly aging societies. Robot makers are struggling with the same scale challenges that the auto industry overcame with the “miracle” that occurred when Henry Ford developed the assembly line, according to Gill Pratt, the chief executive officer of Toyota Research Institute. Toyota’s vaunted production system later showed how to make cars both more cheaply and reliably, despite mistake-prone humans’ role in manufacturing, he said.

Toyota Researcher Sees Cheap Robots Possible by Mass Production - Bloomberg

Just because you want to see the bottom of the ocean doesn't mean your have to get wet doing it. The Personal Submarine is the vehicle for a rich person who already has cars, boats and planes. And it only costs $2 million.

13 crazy pricy gadgets you wish you could afford

[admin]

Germany opposes any attempt to shield private bank investors from losses if Italy pushes ahead with plans to recapitalize lenders, according to a person with knowledge of the government’s stance. Chancellor Angela Merkel’s government says that European Union rules on handling struggling banks should apply in any rescue effort, including forcing losses on shareholders and some creditors before public money can be injected, the person said, declining to be identified because the deliberations are private.

Germany Said to Oppose Shielding Investors in Italian Bank Plan - Bloomberg

If you go through a long enough list, at some point you will find some names worthy of buying from a technical perspective.   Yesterday, I highlighted five stocks not to buy from the first half of Morgan Stanley's list of Brexit bargain stocks. Today, I'm highlighting three stocks that do look attractive from the second half of the list.   Let's take a closer look at the stock charts of these three stocks.

These 3 Brexit Bargain Buys Have Bullish Charts to Match - TheStreet

Has Brexit got you scared to buy stocks? Friday's market pullback has created a buying opportunity for U.S. stocks, according to Morgan Stanley -- particularly stocks with strong fundamental stories that got swept up in the market volatility created by the U.K.'s vote to leave the European Union. Morgan Stanley analysts identified 28 domestic stocks under their coverage list that are rated overweight by the investment bank and "whose fundamentals are unlikely to be materially negatively impacted by Brexit," according to a note to clients on Monday.

Brexit Bargain Buys: 14 More Stocks Picked by Morgan Stanley - TheStreet

WHO: air pollution causes 7m premature deaths a year – video

WHO: air pollution causes 7m premature deaths a year – video | Environment | The Guardian

Air pollution will continue rising in the next decades unless nations around the world invest trillions in cleaner energy and emissions controls, the International Energy Agency said. The Paris-based agency is calling for governments to adopt a strategy to cut pollutants by half, a plan that would add about 7 percent to the total energy investment needed through 2040, according to a report Monday. That includes $4.8 trillion for advanced pollution control and accelerating the transformation of the energy industry. “Clean air is a basic human right that most of the world’s population lacks,” said Executive Director Fatih Birol. “We need to revise our approach to energy development so that communities are not forced to sacrifice clean air in return for economic growth.”

Air Pollution Seen Costing Trillions to Save Millions, IEA Says - Bloomberg

[admin]

Nowadays, there seems to be a raging debate about the difference between "tourists" and "travelers." The term "tourist" has become an insult, a culturally insensitive stereotype found sunburnt and selfie stick in hand. Travelers, on the other hand, are lauded as adventurous, savvy, and willing to step out of their comfort zones. However, there’s much to be said for the unpretentious ways of a so-called tourist.

Why it's better to be a tourist than a traveler - Business Insider

In its place, Cramer added Broadcom (BRCM) , which shot up 4.2% today and has growth in spades, along with Ulta Salon (ULTA), a company with so much growth the stock never sold off in the first place.

Jim Cramer's 'Mad Money' Recap: Add These 2 Stocks to FANG - TheStreet

Indec, as the statistics agency is known, released revised figures for GDP between 2004 and 2015 after its calculation consistently diverged from private estimates. The new calculations showed the previous series overestimated growth by 18 percent, Cerro said. The inaccuracies were most pronounced during years when the new series finds that the economy contracted. For example, in 2009 the revised calculations show the economy contracted by 6 percent compared to an estimate of 0.1 percent growth under the previous government. The economy shrank 2.6 percent in 2014 even though the previous government said it grew 0.5 percent.

Argentina Overhauls GDP Data, Confirming Economy in Recession - Bloomberg

Rio Tinto Group has given away its stake in the company that owns a mine in Papua New Guinea with potential copper and gold reserves worth $51 billion. The London-based miner has transferred its 54 percent holding in Bougainville Copper Ltd., owner of the abandoned Panguna mine, to an independent trustee “for no consideration,” Rio said in a statement Thursday. The trustee will manage the distribution of shares to national and local governments. Panguna, Bougainville Copper’s asset on Bougainville Island, was shut due to local unrest in 1989. The company estimated in its 2014 annual report that reserves stood at 5.3 million metric tons of copper and 19.3 million ounces of gold. That would be worth about $51 billion at today’s prices.

Rio Gives Away Stake in PNG Mine With Reserves of $51 Billion - Bloomberg

Hong Kong has had a rough year so far. Exports of goods and services declined in the first quarter of 2016, a continuation of the territory's downbeat trade outlook, and private consumption growth plummeted to less than half of its 2015 rate. And according to a new note from BMI Research, things are going to get only worse. Hong Kong's performance earlier this year wasn't an anomaly — it was an indicator of a long decline to come. Accordingly, BMI downgraded its 2016 real-GDP growth forecast for Hong Kong to 1.2% from 1.7%, and cut its 2017 forecast from 2.2% to 1.7%.

Hong Kong downturn shows what is to come - Business Insider

[admin]

If you have forked out the ticket price of about $20, nearly double the U.S. average, to see a film on an Imax screen, you know what the fuss is about: Bright, high-resolution images, all-encompassing sound, and a curved screen help immerse the viewer. Now the Canadian operator is bringing that experience into the home for you to enjoy with about 18 of your closest friends—provided you have more than $5 million to spare.

Imax Private Theatre Brings the $1 Million Screening Room Home - BloombergThis is why Brexit will be a nightmare for the UK - Yahoo Finance

The middle-income class is hollowing out, and it's hurting US economic growth. Only about a quarter of a percent of US households have climbed up the ladder from the middle class into the upper-income bracket since 2000, according to the latest review by the IMF. Meanwhile, more than 3% of middle-income households have moved into the low-income bracket. That's a flip from the trend between 1970 and 2000, where middle-income households were more likely to move upward.

America's shrinking middle class is killing the economy - Business Insider

You may have seen some very small cameras in your day, but nothing like this. University of Stuttgart scientist have developed a 3D-printed, three-lens camera that's just 100 micrometers (0.004 inches) across. That's small enough that you could inject into your body with a syringe -- perfect for endoscopy and other times you'd want to observe a patient's body from the inside. It currently needs to be tethered to an optical fiber, but it can focus on objects as close as 0.12 inches. You can even print unconventional lens shapes (such as rings or triangles) to fit specific shapes and goals.

Microscopic camera could be injected into your body

If you're reading this, it's highly likely that your personal information is available to the public. And while you can never remove yourself completely from the internet, there are ways to minimize your online footprint. Here are five ways to do so. Be warned however; removing your information from the internet as I've laid it out below, may adversely affect your ability to communicate with potential employers.

Five ways to delete yourself from the internet - CNET

A 2014 study comparing the mortality rates of 46 different species found that some organisms don't age - their mortality rates stay constant from around the time they're born until around the time they die. Others enter a period of aging (like the kind most of us experience around age 65) and then come out of it, continuing their lives.

What does it mean to die of old age? - Business Insider

[admin]

Bad news for European Central Bank President Mario Draghi and Federal Reserve Chair Janet Yellen: their low-rate policies are juicing the economy a lot less than they would have in the past. The level at which policy rates neither add stimulus nor curb demand has fallen the world over, according to new research by Federal Reserve Board economists Kathryn Holston and Thomas Laubach and San Francisco Federal Reserve President John Williams. The so-called "neutral" or "natural" rate dipped to negative 0.4 percent in Europe in 2015, down from 2 percent in 2007, and 0.4 percent in the U.S.,  versus 2.3 percent. It stands at 1.4 percent  in the U.K. and Canada.

Yellen and Draghi's Policies Aren't So Easy After All - Bloomberg

Some adventurous eaters are starting to swap out their happy hour cocktails for something a little more natural.  Kava drinks — often referred to as "kava tea" — are made from the roots of a plant grown in the South Pacific, and they're known for their purported anti-anxiety and anti-depressant effects. When ground up and mixed with water, the root turns into a juice that some claim can be a natural alternative to alcohol. It has been used for thousands of years as a ceremonial and social drink in the South Pacific.

What kava tastes like - Business Insider

Those are Kiva robots, once the marvel of warehouses everywhere. Amazon whipped out its wallet and threw down $775 million to purchase these robot legions in 2012. The acquisition effectively gave Jeff Bezos, its 52-year-old chief executive, command of an entire industry. He decided to use the robots for Amazon and Amazon alone, ending the sale of Kiva's products to warehouse operators and retailers that had come to rely on them. As contracts expired, they had to find other options to keep up with an ever-increasing consumer need for speed. The only problem was that there were no other options. Kiva was pretty much it.

How Amazon Triggered a Robot Arms Race - Bloomberg

According to NerdWallet's Annual American Household Credit Card Debt Study, the average American household is spending $6,658 in interest payments annually -- fully 9% of the average household income.

5 ways to dig yourself out of debt - Business Insider

Europe's growing army of robot workers could be classed as "electronic persons" and their owners liable to paying social security for them if the European Union adopts a draft plan to address the realities of a new industrial revolution.

Robots could become 'electronic persons' with rights, obligations under draft EU plan

[admin]

This week, Intel CEO Brian Krzanich announced that people are keeping their PCs a lot longer before upgrading: The average has increased from four years to as many as six. The tablet-refresh cycle isn't much shorter than that, to Apple's eternal chagrin. Even iPhone sales have started to taper off, partly because people are keeping their phones longer or choosing cheaper Android phones. What's happening is pretty simple. The hardware and the software running on any device itself have become way less interesting than the web apps and services, like the ones that Google and Amazon have made the core of their business. Why buy a $700 iPhone when a $200 Android phone can access the same YouTube or Amazon Music as everyone else? All you need to do to get new Facebook features is refresh your browser or update your app. You don't need a high-performance device to participate in the 21st century.

Apple iPhone vs. Web Services - Business Insider

Have we devised any greater waste of time and energy than the running of the marathon? I’m asking for a friend.

Running a marathon is a dangerous, expensive, stupid, meaningless task. Don’t do it.

Global GDP in US dollar terms at market exchange rates is stagnant. Continued US dollar strength could force Saudi Arabia either to cut oil production modestly and push Brent back to $50 or de-peg the Saudi riyal, our black swan event, which could lead Brent to collapse to $25/bbl.

Black swan Saudi Arabia oil - Business Insider

New crowdfunding rules taking effect Monday will let anyone—not just the wealthy— invest in startups. But don't bet on the "99 percent" finding the next Uber overnight.  The change overrides a longstanding Securities and Exchange Commission requirement that investors backing private companies be "accredited," meaning they make at least $200,000 a year and have a net worth of $1 million or more (excluding their home). Now startups raising money through online crowdfunding portals will be able to sell shares to people regardless of their wealth or income so long as the founders have submitted annual financial reports to the SEC. In exchange, companies can raise up to $1 million.

Anyone Can Back a Startup Now. But Good Luck Finding the Next Uber - Bloomberg

According to the high-profile consulting firm, McKinsey & Co., millennials will have to work seven years longer or save twice as much in order to live as well in retirement as their parents.

Fear Not Millennials, You Have Financial Futures - Bloomberg Gadfly