In a twisted story that doesn't sound unlike a "Prison Break" plot line, 13 female prison guards have been accused of becoming deeply involved with a national gang in a drug-trafficking and money-laundering scheme that was operated from inside of a Baltimore prison. Read more...
With the release of Windows 8, Lenovo has been one of those PC manufacturers that have been stepping up to offer some unique portable machines that are built around Microsoft’s newest operating system. We previously reviewed the Lenovo Yoga, which is a hybrid machine that is part tablet, part notebook. Show More Summary
Most fold-out sofas work on essentially the same schematic, or one of a few traditional modes of operation – few of these are as mechanically simple as this elegant alternative. Not only is no folding required (nor other breakable mechanics) when you rotate one part of the L to be a parallel companion to its [...]
There was one big thing missing from Samsung’s weird-yet-campy Samsung Galaxy S 4 unveiling last week: Google, the creator of the operating system the S 4 is running. While the Galaxy S 4 has Google’s latest build of Android, Google has gone largely unmentioned. At the Samsung launch event, Android was hardly even a footnote.... Read More
There was one big entity missing from Samsung's weird-yet-campy Samsung Galaxy S 4 unveiling last week: Google, the creator of the operating system the S 4 is running.
It's been over a year since Coinstar and Verizon first announced plans to join forces to take on industry-leading Netflix. At least, that's what most industry insiders seemed to think, and why not? Coinstar, owner and operator of all the Redbox kiosks, and $138 billion telecom giant Verizon make a formidable team. Show More Summary
By James Rao: Can wooden coasters successfully execute inversions? That seems to be the dominant question posed by theme park operators since the infamous Son of Beast at Kings Island closed down years ago. Wednesday at Silver Dollar...Show More Summary
Market participants, as well as the financial press, bless the Fed's various bond-buying programs with names like Operation Twist, QE2, QE3 and Operation Twist. But rarely do these terms cross the mouths of those who put in place the programs themselves.
Olson Kundig Architects are renowned for subtle, landscape-suited works of regional architecture, but this one comes with a unique twist: an operable bathhouse roof that opens like a vertical garage (only far more elegant). The Shadowboxx...Show More Summary
Entrepreneur-turned-investor is a classic story arc in Silicon Valley but recently the plot has earned a twist. Certain operators are foregoing the traditional path of joining a traditional VC to instead create a studio-like holding operation. By doing so, they remain engaged with the grit and grassroots challenges of building a startup. They remain company builders.
By Phil Davis: $85,000,000,000. Where does it all go? The key difference between last year's "Operation Twist" and this year's "QInfinity and Beyond" is the lack of what was called "sterilization." In Twist, the Fed bought the long Treasury...Show More Summary
Reliance has become the latest in the long list of telecom operators & mobile brands who have launched their own online shop, but it is with a small twist. RCom has chosen to call it a “customer delight program”, where they will offering RCom customers with huge discounts on over 15,000 products in 10 different [...]Show More Summary
By David White: Regional Banks have been doing well recently. The Fed has taken a big role in this by strongly supporting the US real estate markets. The Fed's recently finished Operation Twist did a lot to lower long term US Treasury Bond yields. Show More Summary
By Paulo Santos: Back in December 6, I wrote an article titled "On Being Forced To Buy". In this article I explained that since the Fed was just about to increase its money printing campaign by replacing "operation twist", there was little one could do but be net long. Show More Summary
Do you have the “guts” to operate on a Mega Man boss? Well then perhaps this cool custom board game is for you! Paging would be robot-surgeons. Your skills are desperately needed in Guts Man Operation, a clever gaming twist on the classic Milton Bradley board game where players try to...Continue Reading on Walyou
NEW YORK (Reuters) - Brian Sack, the former head of the Federal Reserve Bank of New York's open market operations who for the last six months served as a senior policy adviser, is to resign effective January 18. In the latest twist in Sack's tenure at the U.S. Show More Summary
Shrinking Arctic sea ice grabbed the world's attention again earlier this year with a new record low minimum. Growing economic activity in the Arctic, such as fishing, mineral exploration and shipping, is emphasizing the need for accurate predictions of how much of the Arctic will be covered by sea ice. Show More Summary
ByUNC-CH Fed Challenge: It didn't have to end this way. The Fed just announced that it will end Operation Twist. The program, formally known as the Maturity Extension Program, buys long term Treasuries, and sterilizes the balance sheet impact by selling equivalent amounts of short term Treasuries. Show More Summary
By Colin Lokey: It's official: Operation Twist will officially become QE4 at the end of this year. This shouldn't be a surprise. In fact, it would be somewhat naive to call this "news". Recall that sometime around the beginning of April, Bank of America noted that Operation Twist's days were numbered: "... Show More Summary
Schiff confirms that the Fed really said nothing definitive with respect to an employment-linked target; the end result being that all the Fed did was take "sterilization" of Operation Twist off the table, which means they are going to resume aggressive expansion of their balance sheet.