Well Sony should then be sued for the maximum statutory damages, $150,000 per instance. Media reports say that the movie has been viewed (legally) on YouTube more than 77.5 million times. So, Sony should be liable for $11,625,000,000,000. That's over $11 trillion, just for the YouTube views alone.
Edited to add citation for the number of views on YouTube. And gold...thanks!
Edited to also add that in Sony BMG Music Entertainment et al. v Tenenbaum, the recording industry sued over 30 songs and sought the maximum statutory damages because they asserted that the copyright infringement was willful and wanted the $4.5 million maximum. The jury didn't award the maximum--they got $675,000 but still higher than the statutory minimum of $22,500 and likely still much higher than actual damages.
Edited yet again to add that while my post was mostly made in jest, there are a lot of replies asserting that the movie is a single infringement and each showing are not separate infringements. /u/dbbo pointed out that in the Lime Wire case (Arista Records LLC v. Lime Group LLC), the plaintiff did indeed try to argue that each download was a separate infringement and initially asked for a total of $72 trillion in damages.
Papa John's grossed $454 million in 2011. After SG&A expenses which includes executive pay and "Other Operating Expenses" it's net income after taxes was $55 million.
Really can't afford to make your employee's lives a little better now can you Papa? He should really ask himself why he's paying 6 executives a total of $8.2 million a year instead of worrying about cutting the hours of his little serfs. Greed is really disheartening to me :(
Netflix Revenue 4.37 Billion (2013)
CBS Revenue - 15.2 Billion (2013)
This whole "worth more" argument is based on irrational investment and super inflated stock prices. Investors are pumping up its value based on future promise. It is meaningless.
Read this article. [link]
The rule is that you can now legally bring back $100 worth from Cuba. They are not yet legal to export.
Some figures to put things in perspective:
---Moto 360 sold 500K in all of 2014
---Pebble sold 700K in all of 2014
---LG sold 420K in all of 2014
---Samsung sold 1.2M in all of 2014
Apple has so far sold over 7M since release
Edit: added sources
Nope, never ever.
That's kind of just it: Whenever people say, "You don't want Comcast run like your electric and water utilities, DO YOU???" I respond, "Not ideally but it would actually make Comcast better than it is right now." Because in reality, even hated utility companies have higher customer satisfaction ratings than Comcast and TWC:
For once, an understatement in the headline. They have been charged with worse crimes than that:
SAN FRANCISCO (MarketWatch) -- Federal authorities unsealed an indictment Friday against the founders of the three largest internet poker companies operating in the U.S. The indictment charges eleven defendants, including the founders of PokerStars, Full Tilt Poker, and Absolute Poker, with bank fraud, money laundering, and illegal gambling offenses, according to Federal authorities in New York. Restraining orders were issued against more than 75 bank accounts used by the poker companies and their payment processors, while five Internet domain names used by the companies to host poker games were seized, federal authorities added in a statement.
Not this shit again.
Let's get the title right:
"Some random cybersecurity company who was not involved with the Sony case questions the FBIs findings"
"Norse" isnt even mentioned as one of the top 20 cybersecurity companies by marketwatch.
Theres so much misinformation these days...but is anyone paying attention to the sources?
Norse sits in probably 3 office spaces in a building shared by 30 other businesses, and they have only been in business since 2010, next door to a video store.
>It is a little-known fact in the West, but Putin has been stocking up on gold bullion for years. In five years he has doubled Russia’s bullion reserves to just over a thousand tons, one of the largest holdings in the world, valued at $44 billion.
>Why? What possible reason could the Russian government have for holding gold, an “unproductive” asset, instead of, say, U.S. Treasury bonds or other financial assets? It isn’t to make jewelry. Gold is the only currency in the world controlled by nobody else. It’s something you buy when you want to have complete freedom, if needed, to defy the rest of the world.
A study just came out today that United Airlines is the third most hated company in America behind Time Warner Cable and Comcast.
Looks like they are not content with the bronze.
That is why they are developing an encapsulated device that allows the cells to not be detected from the immune system, but can still respond to sugar levels and release insulin. The overall effect would essentially be a functional pancreas located in the host body but outside of the immune system - it has been described as acting like a teabag where small things can go in and out (sugar/insulin) but cells cannot penetrate. The same strategy is already going to be used by Viacyte in their upcoming clinical trial in type 1 diabetes. Therefore, the technology to do this is already available, although it is likely that Dr. Melton's group won't be using the same exact device as Viacyte. Whether or not these encapsulated devices will hold up long term in humans is yet to be seen, I believe. This study is very important in the field and I truly believe that T1 diabetes may be effectively cured as a result.
source: i'm a stem cell biologist, you can read more where I posted this in /r/science over here
also, as a general note when reading through this thread: it's important to keep in mind that obviously scientists have thought about this problem guys, we're not stupid and it's not exactly hard to conclude that putting in new cells in a person who likely has an autoimmune disorder will result in those cells being attacked. Of course they have thought of this... way before you did :)
The people who can manage 1.3 million properly aren't playing the lottery.
Edit: OK, people, yes, this is a generalization. Anyone can play the lottery including people who do it for "entertainment" but the fact of the matter is that studies show lotteries are clearly played at a disproportionately higher rate by poor people. One source of many: [link]
And yes, people could hire a financial manager if they won the lottery, but again, the type of people playing in the first place do not end up doing so.
>Their findings, published last fall in The Review of Economics and Statistics, show that a big lottery score does little to reduce the likelihood of bankruptcy.
>More than 1,900 winners went bankrupt within five years. That number implies that 1% of Florida lottery players (winners and losers) go bankrupt in any given year, about double the rate for the broader population during the study period.
There are exceptions but by and large, the people playing and winning lotteries do not have the fiscal sense or inclination to manage their money properly.
Why the fuck is this blogspam hitting the front page? I don't even know why anyone reads this circlejerk subreddit anymore, much less the 13-year-olds upvoting this trash.
This blogger is a profiteering idiot who is making money off of reddit's recent anti-apple circlejerk, and is a mouth-breathing teenager who doesn't know how anything works in big engineering project. There is absolutely no reason any of you should be giving this moron page clicks and ad revenue.
Prices can change due to a variety of reasons. Considering they are quoting an unnamed source, this article could be a flat out fabrication, or a result of the lawsuits, but we will never know the exact reason. It could be supply chain issues, currency fluctuations, manufacturing challenges, or a thousand other things.
> And the contract that Apple and Samsung have, it doesn’t expire until 2014.
That's not even a goddamn sentence!
Here is the actual article for those that are interested.
Fuck you Stefan, go outside and play.
Apparently they face $17.6 billion fine for the spill and another $4.5 billion for lying to congress and manslaughter charges (source).
They make about 20-30 billion per year (source). So it's not really a slap on the wrist, however it's not the end of the world for them either.
It sounds like the EU is threatening economic sanctions. I know that, on its face, economic sanctions sound toothless but the EU is Russia's top trade partner. Add in the plunge the Russian stock market has taken and the big hit the Ruble has taken as a result of the Ukraine crisis, and economic sanctions could have some real bite.
Edit: Economic fallout in Russia.
> While Russian troops amassed on the Crimean border, investors dumped the Russian ruble and stocks, following a weekend of tensions over Ukraine.
> The selling — including an 11% plunge in the local market index — was such that the Russian central bank decided to “temporarily” hike interest rates to 7% from 5.5% on Monday, though the policy move hasn’t turned the tide.
> The ruble sank more than 1.8% against the dollar, to uncharted territory, and also 1.8% against the European single currency...
> Reuters reported the Russian Central Bank reportedly spent $10 billion trying to prop up its currency on Monday...
I disagree. The people who buy mechanical watches don't use the accuracy of the time as the primary measure of its worth (as illogical as it sounds to someone who isn't into mechanical watches). They look at things like the history, the craftsmanship, the details of the finish, the innovations, the complications, and of course, the brand itself.
As someone who works closely with the watches industry and attended the world's most prominent watch show (Baselworld), I see first hand how it's a thriving multi billion dollar industry. In fact, sale for mechanical watches is actually rising. There has been a slowdown in sales the last year but that's more due economic slowdowns in Europe and China (two of the watch industry's biggest regions).
I'm not sure what a normal percentage is for R&D, but 45% of their expenses were from R&D. [link]
To your point, it's not just the cars; It's the battery tech.
The CBO projects that raising the minimum wage to $10.10 per hour by 2016 would eliminate 500,000 jobs compared to not raising it.
However, the US economy has been adding 100-200k jobs per month over the last few years. Meaning that in the same time period, if nothing changes, the US is expected to add, conservatively, 3.6 million jobs (from the 2013 estimate). Meaning there would still be a net increase of 3.1 million jobs, not a rise in unemployment.
Very surprised that the conservative media hasn't done that math. /s
EDIT: For those complaining about my estimate of job growth, I assumed 100k jobs created per month. In Q1 2015 we averaged 197k jobs per month and in Q4 2014 we averaged 289k jobs per month.
Upvote because you clearly put effort into it.
My question is why is this not an issue for literally every other industry?
What makes Dell a $24 billion dollar company and Apple a $1000 billion dollar company?
They both do the same thing.
Did Apple not have to spend any money on R&D? So they are worth more? Maybe they didn't spend money on advertising?
That's what they spend. This is from 2013, 2014 was $7.4 billion. Of course, Comcast is the only possible source for what Comcast is spending, but they are a public company with audited financials.
No source on the 10 million to make one episode of MP (though that wouldn't surprise me), but Netflix could ABSOLUTELY give them a 10mil/year budget. And likely then some. Per the link below, 2014 revenues were 5.5billion and gross income was 1.75billion. They're not hurting for cash.
I'm here, yet again, to debunk the myth that corporations are sitting on tons of cash:
> As you can see, the total cash (in green) for the top 50 companies is $3.71 trillion, which sure sounds like a hell of a lot of cash, and it would be were it not for the debt (in red) totaling $4.45 trillion.
> A look at the facts shows that companies only have "record amounts of cash" in the way that Subprime Suzy was flush with cash after that big refi back in 2005. So long as you don't look at the liabilities, the picture looks great. Hey, why not buy a Jacuzzi?
> According to the Federal Reserve, nonfinancial firms borrowed another $289 billion in the first quarter, taking their total domestic debts to $7.2 trillion, the highest level ever. That's up by $1.1 trillion since the first quarter of 2007; it's twice the level seen in the late 1990s.
GamesRadar assuming Nintendo will do twice as good this quarter, and consistently hold it, as it did the previous quarter is not realistic.
Nintendo had a 9.2b Yen loss in the 3rd quarter of 2014.
They supposedly have 812.8b Yen in cash reserves.
Here is the current, and previous 2-year outcomes;
Protip: a "-" is bad.......
I think if you look at the data from the last 30 years, it's very clear which party practices fiscal restraint. Hint: it's not the ones who talk about restraint and cutbacks all the time.
not sure where $3 million is coming from
2008: -40 million
2009: 74 million
2010: 234 million
2011: 56 million
EDIT: my bad, I was looking at the wrong field. SmLnine has the right numbers. Their Net Income was still $30mil over the past four years, and $238mil over the past five years
Actually, the wall street journal still has it here.
It is copyrighted so I don't want to paste the whole text in. Here are a few interesting parts:
> NEW YORK, Oct. 25, 2012 /PRNewswire via COMTEX/ -- Spire Law Group, LLP's national home owners' lawsuit, pending in the venue where the "Banksters" control their $43 trillion racketeering scheme (New York) - known as the largest money laundering and racketeering lawsuit in United States History and identifying $43 trillion ($43,000,000,000,000.00) of laundered money by the "Banksters" and their U.S. racketeering partners and joint venturers - now pinpoints the identities of the key racketeering partners of the "Banksters" located in the highest offices of government and acting for their own self-interests.
> The complaint - which has now been fully served on thousands of the "Banksters and their Co-Conspirators" - makes it irrefutable that the epicenter of this laundering and racketeering enterprise has been and continues to be Wall Street and continues to involve the very "Banksters" located there who have repeatedly asked in the past to be "bailed out" and to be "bailed out" in the future.
> Still, Google’s entry into the wireless market would bring ~~un~~welcome uncertainty to carriers already dealing with an intensifying price war
Conventional wisdom says to keep it in an insured cash account. Some investment companies think otherwise, but I agree with this article.
> If the low rates you’re earning on your savings have got you down, think of the earnings you’re sacrificing as an insurance payment.
> “I view the lost opportunity as an insurance cost,” O’Reilly said. “The return I’m not earning on the funds I’ve set aside is like an insurance premium that I pay to protect my other growth assets from being sold at the wrong time.”
>So in USD terms it's stagnating a bit but certainly not dropping.
Remember, USD is up 20% over the last 12 months vs other currencies, because the chart is denominated in USD it appears to be stagnating. If the chart was in EUR or any other currency the uptrend would appear much stronger.
They probably have more than that in secret too.
Edit: Or so the Russian government claims (RT is propaganda, remember)
Also, these kinds of articles are buried on google by the Olympics (appropriately): [link]
AMD as a company is actually not doing too hot at the moment. They have let their RND go to crap so intel and NVidia are totally dominating in the PC market right now.
The point is that that's just upkeep. The spending patterns of people who suddenly get hold of a lot of money are bizarre, and my point was that it's much easier than a lot of people think to spend a bizarre amount of money.
The U.S Government owns a lot of its own debt and it works nothing like how personal finance or personal debt works.
Ashley Madison is currently in the news because a security breach allowed a group to access the confidential personal information of the users on the site. They're holding the site hostage saying "pay us, or we'll dox all your users".
What are your thoughts on this incident?
Was security lax?
The news is reporting that it was likely an employee. Were employees treated poorly there? Why do you think they'd do this?
Do you have any idea who it might be?
on the other hand...
>Japan’s gross domestic product shrank 1.6% on an annualized basis in the April-June quarter, according to data released on Monday by the Cabinet Office. That compared with a 1.9% contraction forecast by economists surveyed by The Wall Street Journal.
>The data show that a sustainable recovery in the world’s third-largest economy has been elusive, despite efforts by Prime Minister Shinzo Abe and the Bank of Japan to stimulate growth. Japan’s economy expanded the previous two quarters, but that growth followed two quarters of contraction.
I'm guessing this was a 529 educational plan. It works like this:
What seems to have happened is that the account custodian got a withdrawal, but did it in the name of the daughter, so the tax consequences followed her instead of him. That's identity theft and fraud.
EDIT: I see the poster has said it was an UTMA account, but I don't think it makes much difference. The only way this situation could come about is if the father committed some sort of fraud. Money in an UTMA account is owned by the daughter, not the father. It's fraud and theft.
Oil companies actually have peculiar finances, but that seems to be about their gross revenue number.
Marketwatch shows BP as having gross income of $24 billion in 2013, and net income of $15 billion in the same year "net income" wold be their true profit, but there are accounting devices built into net income that make it smaller.
You'll note on the source above, that in 2010, their gross income for 2010, the year of the spill was $29 billion and their net income was -$2.43 billion, (with "$27B in "unusual expenses") which was directly attributable to the deepwater horizon spill. They actually set aside more than $40 billion total.
SO realistically, the Deepwater Horizon spill wiped out BP's profits for that year, and once all the costs are said and done, will probably wipe out 2-3 years net profits.
To my mind, that's not unreasonable as a punishment. We'll never really know the full scope of the damage of course, but we need articulable legal standards to award damages and impose fines, and that's being done according to the rules we do have.
I couldn't agree more! Market watch shows their income tax at 13.12 billion dollars last year when obviously this guy's small business isn't capable of that.
There are so many numbers and rules that factor into this but people simply look at revenue and strike a company as evil if they don't pay their "fair share".
Edit: Forgot how to make words
Edit 2: Corrected by Prinsn. Thanks!
You might benefit from reading this
And then just go ahead and read why whole life insurance is a rip off
and a bevy of others. You shouldnt have Whole Life Insurance and you shouldn't have life insurance on a child in the first place.
I'm not sure if Tim Cook is a reliable source, but he is the CEO of Apple so I assume he knows what he's talking about.
> Apple Inc. has bought $14 billion of its own shares in the two weeks since reporting financial results that disappointed Wall Street, Chief Executive Tim Cook said in an interview.
Edit: What do I think? It's part of the buyback plan announced last year. The buyback itself isn't news, the timing of it is, and it already happened. So there's really nothing to react to.
Here's Merill Lynch's guess from 4 years ago
The question is also what the percentages are and how much they adjust those percentages on a regular basis.
Verizon asking Netflix for money because Verizon customers are streaming video is comparable to paying to fill your car in CityA so you can drive to CityB - and once you get there then CityA asking CityB pay them because you used the gas you bought to get there.
And if that's not enough, think about the following:
In 2013, Verizon posted a <strong>pretax income of $29.28B on revenues of $120.55B</strong> <em>(24.8%)</em> and paid <strong>$5.73B in taxes</strong>, or 19.6%.
In 2013, Netflix posted a <strong>pretax income of $192.2M on revenues of $4.37B</strong> <em>(3.9%)</em> and paid <strong>$58.7M in taxes</strong>, or 34.3%.
Is there is a Verizon lawyer out there who would be willing to explain why Verizon thinks Netflix owes it money, in terms I can understand? Because from where I'm sitting, it looks like Verizon owes everybody some money...
Ebola takes more than walking through an airport with an infected person to catch. You have to have contact with bodily fluids and as long as they don't sneeze right into your face you're probably fine breathing the same air as a patient.
Since they're only contagious when symptomatic don't fucking grope sick people and unless you're a doctor exposed to many sick people the odds of getting sick are low.
The reason the guy in the U.S. died is he went untreated for too long. If you get sick go to the fucking hospital you're going to be in pain and it's going to suck but survival rates are higher in the developed world by a large margin.
It doesn't sit in your bloodstream letting you infect people you come in contact with for a long-ass time before you get really sick like HIV does. Once symptoms manifest themselves it's pretty obvious in a country with decent medicine and appropriate steps to quarantine you can be taken.
Every one of these fucking posts is so full of ignorant shitdicks spreading Fox News level fear over an illness that means less than the current respiratory virus that last I checked has made 600 people, mostly kids, sick. They are still sorting out why it's causing temporary paralysis in some patients the last I heard.
Cool-headed informational piece.
For those interested more in our company, last month we set a new service record for made-to-order prescription glasses where we reduced the average time from order placement by the customer to shipment to 0.7 days.
Our eyeglasses manufacturing facility operates 24/7 and is one of the most technologically advanced labs in North America.
IF Russia has the goal of crashing the US economy, this is a brilliant move. It would destabilize the dollar significantly, while buying time to transition completely to the ruble or yuan or some compromise between those two countries.
The reason this would hurt the United States significantly is because, since 1972, every barrel of oil worldwide (exception of Iran) is priced and sold in US dollars. This requires every single oil importing nation to stockpile USD, and also stabilizes the value of the dollar in relation to oil demand and supply.
Removing the demand for the US dollar among a significant demographic ('asians') would lead to those dollars being sent back to the US, causing inflation, and would clash pretty bad with the current policy of quantitative easing. The money supply would have to contract, the dollar would weaken.
Because of the precarious nature of the economy and various banking institutions at the moment, this could truly be a 'collapse' scenario for the dollar and much of the world economy. The failure of a couple major financial institutions could be a domino effect, because of the nature of the web of risky financial transactions, the most important being derivatives, the market of which was valued at $700 trillion in 2009.
There are more factors, of course. But these are many of the big ones.
He may not be:
In 2011, one third of Americans would be unable to make their next rent/mortgage payment without their next paycheque (source). Additionally, 76% are living paycheque to paycheque (Source)
BP has paid ~$8.5 billion so far. 42% is not a tiny fraction.
BP made $16.2 billion in 2011, their highest reported profit in the past 5 years. So their penalty of $20b is more like 125% of their profit per year.
Not sure where you got your numbers...
Whats hilarious about this, is that plenty of companies (like mine) offer sick time/vacation time..(its all lumped together as PTO)
Of course in 8 fucking years I have never once used all my PTO
ooh sure, its available, but you'll be looked down upon as lazy by management, coworkers (competitors) will use it against you when it comes time for bonus/promotion...in fact its a pretty wide spread phenomena in America even when PTO is offered people don't use it
At first I thought it was weird that his lawyer was there with him at an interview, but it became obvious when every other word out of the guy's mouth was a thinly-veiled attempt to suck Walmart's dick.
NBC and Walmart have been buddies for years, so it's no surprise that they chose The Today Show as the venue for it either. Walmart even makes fucking infomercial movies for NBC. They also glorify Alice Walton, the Walmart heiress who has numerous drunk driving incidents and literally hit and killed a pedestrian.
There was DEFINITELY a contractual obligation to praise Walmart in that interview. I'd be willing to bet it was actually the main purpose of the interview to start with. When you consider that Tracey isn't 100% right now, the whole thing takes on a macabre tone, as if a brain-addled Tracy is being manipulated into praising the fucking company that's indirectly responsible for his injuries and the death of his close friend.
I don't want to sound like a jerk, but your post reads like Apple P.R. Apple made tens of billions in profit last year (see [link]) and is the most valuable company in the world. The pay is shit because they know people will work there for less money just because it's Apple. That is all.
Sounds like you're in desperate need of some perspective.
>The research finds that assets of just $2,200 per adult placed a household in the top half of the world's wealthiest. To be among the richest 10% of adults in the world just $61,000 in assets is needed. If you have more than $500,000, you're part of the richest 1%, the United Nations study found. Indeed, 37 million people now belong in that category.
>Sure you can now be proud that you're rich. But take a moment to think about it and you'll probably come to realize the meaning behind these numbers is harrowing. For if it takes just a couple of thousand dollars to qualify as rich in this world, imagine what it means to be poor.
>Half the world -- nearly three billion people -- live on less than two dollars a day. The three richest people in the world have more money than the poorest 48 nations -- combined.
>Even relatively developed nations have low thresholds of per-person capital. For example, people in India have per capita assets of $1,100, and in Indonesia capital amounts to $1,400 per capita.
Possibly the Orion test version scheduled to arrive today at the Virginia Air and Space Center?
Edit: messed up link
Edit: well. how to escape the ")" in urls?
SAN FRANCISCO (MarketWatch) — General Motors Co., after years of wrenching cutbacks, said Tuesday that it will invest about $2 billion in 17 plants across eight states in a move that will add or save more than 4,000 jobs.
A friend of mine HAD ALS. There are certain nerve therapies out there to help the myelin grow back.
I'm not shitting you.
He used Cayce Wet cells.
Here is another link I got today that can help with myelin regeneration.
Correct. Radio Shack just recently sold customer data as part of their bankruptcy.
They posted a ¥23 billion loss in 2014, not a profit. Their revenue has been cut in half over the last 5 years. Source
It's fortunate that Nintendo built up huge cash reserves during the Wii era. They still have time to develop a new console.
The bourgeois are the biggest parasites in the world. This kind of shit spawns its own industry of Tony Robbins and Tim Ferris fuckheads telling you that you too can live this obscene, gaudy, exploitative life.
Also, the rich are less charitable than the poor (Percent-wise of course you'd get bourgeois apologists who look at absolute amount). [link]
The companies are certainly not hurting. United is a much larger company than Orbitz, but they both turned a nice profit in Q3 2014.
>United Airlines earned $924 million in the third quarter, more than double its profit in the same period a year ago... Source
> Orbitz Worldwide OWW, -0.84% reported on Thursday a third-quarter profit of $9 million, or 8 cents a share, down from $13 million, or 11 cents a share, in the year-earlier period. Source
$75K is worth very little to United and Orbitz in the grand scheme of things. They want this method of circumventing their pricing structure (the website) dead. I bet that without the media's attention and legal support for Zaman, the two companies would succeed.
1Q2014 GDP grew at a 0.1% rate - very weak. [link]
Labor force participation rate is at multi-decade low.
Unemployment rate improving is simply because people have stopped looking.
Job creation is lower than population growth.
If Democrats run on a platform of strong U.S. economic growth they are setting themselves up for failure except from those who aren't paying attention.
Sure, my sources are Nintendo's own financial reports --
2014 - [link] (top of page 6)
Cash and deposits - 474,000 billion yen
Short-term investment securities - 321,000 billion yen
= 795,000 billion yen ($7.8 billion usd)
And you can check the 2011 figures at this link - [link].
1.17 billion yen = roughly $11.5 billion usd.
You can double check those figures in Nintendo's older financial reports, if you like. They're all freely available on Nintendo's investor site.
Yeah, virus kills pigs, drought causes beef prices increases....still no word on the impact of consumption in southeast asia.
>Scientists think porcine epidemic diarrhea, which does not infect humans or other animals, came from China, but they don't know how it got into the country or spread to 27 states since last May.
Shit. Couldn't have anything to do with the Chinese purchase of Smithfield farms, which coincidentally happened in May, right?
Let's also not mention an attempt to raise the IPO value in Hong Kong for this groups acquisition of Smithfield
Let's not even consider what this will do to our grain prices
Well fiscal responsibility is a relative term. Sometimes it is good for the government to spend when consumers save so that demand doesn't completely deflate the economy. Unfortunately, even that isn't the case. The fiscal problems the government is currently facing is a combination of a loss of tax revenue, an aging population, and a long term healthcare/retirement problem.
Do you have a source for the 80k statement? If that's right I'm indeed complaining about nothing, but I doubt it. There have been many cases where traders made millions (if not billions) using rigged markets. Never have I seen a compensation for small retail investors. (which is to be expected for many reasons, but still awful).
By the way, your 'virtually 0' is closer to 3.5%. And I actually do have sources to back that up.
>it makes sense to higher the 35 year old since they'll probably work longer.
In terms of "probably", the opposite is true. Older workers are <em>substantially</em> more likely to stay than younger ones.
Also, discrimination isn't restricted to work. One of the most important areas when it comes to elderly discrimination is healthcare.
Gross profit, which doesn't take into account operating expenses or taxes.
Wal-Mart's net income, which takes all that into account, was 16.18 billion. Redistribute a significant chunk of that to the workers and watch the stock tank (and if you don't understand why a stock tanking is bad, you shouldn't really be commenting on finance.)
> How would anyone know the gift shop kept $5000 just lying around?
Who says the thief knew? Maybe they just broke in hoping to take what they could. Or maybe they did know- what is fishy about an insider being involved? I bet that's not so unusual.
> How would they know where the hard drives are? Why aren't the drives that the wireless security cameras record to housed off-site?
Austin zoo's gift shop isn't that big. I imagine the security system was in plain sight once you opened enough doors and cabinets, and why wouldn't you check all the doors and cabinets?
> Why aren't the drives that the wireless security cameras record to housed off-site?
Okay, that's incompetent - but again, not so unusual. It takes expertise to set up and maintain a proper security system. Most people who don't have that expertise, don't know that they don't have it.
> Unrelated but the Austin Zoo rakes in 1.5 million in revenue a year, pays no taxes, and yet its financials are a mess.
That article says that in 2007, Austin zoo's financials were a mess, but Patti fixed it. Where are you getting those other numbers?
My wife used to work there, and was very involved in the place, and 1.5 million in revenue is a little hard to believe. As far as "paying no taxes" - well yeah, it's a non-profit. There are thousands of them in Austin alone. What's shady about that?
Austin zoo isn't the best zoo, but it ain't bad, and the people there seem to do a good job and to genuinely care. I guess I don't understand the hate you seem to have for the place?
But how can you say that. Blizzard is such a poor underdog, one that barely made 4.4 Billion dollars last year.
They are clearly in dire need of our sympathy and support.
A better perspective on this is that Tesla is now valued much higher than Fiat Chrysler ($FCAU)... around $33B to $19B.
FCAU has 40 factories globally and sells close to 5M units a year. (This also includes brands like Alfa, Maserati, and Ferrari)
TSLA has 1 factory and struggles to make 50k units a year.
FCAU has a price/book of over 1/1, which is pretty normal for most profitable companies.
TSLA has a price/book of over 40. That means growth speculation is so high that it's valued at 40x is current book value.
Fundamentally TSLA makes absolutely zero sense to invest in, it's all insanely overhyped speculation that will bust eventually. Elon Musk himself has said that Tesla won't turn profitable until at least 2020. If you put a different name and stock ticker to these numbers, everyone here would be calling to short it into oblivion.
For some more perspective, Honda has plant in Ohio that makes Acura TLX, ILX and Honda Accords (similar size as the Tesla factory in Fremont CA) that can pump out 50k cars a month. They are light years behind in production capacity and efficiency. Even if they all of a sudden had the capacity to supply every single order, they still wouldn't be worth investing in at this point because it is so overvalued.
I am a big fan of Tesla as a company and a product, I'm a subscriber to this sub, I work in the automotive industry, and I've taken a tour of the Fremont factory,... I hope that they prove me wrong, but I wouldn't put my money anywhere near Tesla until the overvalued bubble bursts.
Go ahead and downvote common sense...
Justice Department, Federal Reserve, Commodity Futures Trading Commission, New York State Department of Financial Services and the U.K.’s Financial Conduct Authority have been some of the parties to receive the bank fines in recent years. Usually it's the federal regulators or the the authority that is forcing the bank to pay the fine. So basically the government.
Fines against a company can actually result in change. I work for a fortune 500 company (won't be more specific than that) and we were hit by a large series of fines in the last 10-15 years. The result was a new management team, a larger budget for our compliance/internal audit, and we have had far fewer and less severe infractions. The fine levied against us was quite large compared to our annual revenue (not like some of the fines against top U.S. banks which are only 3-5% of their annual revenue).
We are getting closer:
Besides, do you want teenagers or drunk flyers at the wheel? We need to wait till they can be fully self-flying for safety.
Channeling Jack Nicholson:
"Three dimensions? You can't handle three dimensions."
Name brand razorblades
DVDs and CDs
Paid online dating
Also, non-shitty-slideshow link: [link]
I believe this is why we're seeing stock markets go up 200 points one day, down 200 the next, up 200 the next, repeated. They've run out of easy ways to make money, so now it's co-ordinated pump and dump by the major players, where they buy on the dips and sell at the peaks. If they create enough of these valleys and peaks in a week, they can make some serious money, without the market actually going anywhere.
Very hard for them to make money on a normal slow moving curve.
Look at the US dollar today as an example: [link]
Snaps down, immediately snaps up to 3-4x what it had lost, then a few hours later spikes back down... To finish at what it started at.
Definently.. Investors will overreact on this news, and the stock will fall tomorrow morning. When the iPhone 5 (4GS?) is announced in september the stock will most likely rise again to levels we've seen before or probably higher.
Seems the news broke just before closing time -
It dropped 6.1 % in a heartbeat, but regained a bit after.
I think it may also have a lot to do with various studies that suggest big over-the-top weddings are for show and not so much about the marriage itself. People who claim to have cheaper weddings are likely also asserting that they think their marriage will last longer because they put so little effort into one small part of it.
Having said that, my one BFF got married in a fairly large wedding and I don't know any two people that are more functional or meant to be than them. She had an expensive wedding but was not a bridezilla, and had perspective throughout its entirety that this was just a day, not a representation of their marriage to come.
My other BFF got married with 80 ppl in attendance for under $6,000 (USD) and are equally matched. I think the same competitiveness over price matching is the same as people who brag about thrift store finds.
I wasn't sure how to interpret this commercial, but hoped that the message was that Radioshack was returning to its roots and focusing on providing help for project hobbyists and practical equipment repair. This is a useful role in the community and is suggested by their DIT hashtag ("Do It Together," as if their employees are going to become knowledgable about electronics overnight). Unfortunately, reading up on this leads me to understand that "The ad, titled 'The Phone Call,' features icons from '80s pop culture who show up to reclaim the technology of their decade, helping the brand turn the page on the RadioShack of the past." We don't need another TV outlet. We need a hardware store for technology. We need the RadioShack of the past.
This is tablets shipped, not sold
Not at all a relevant metric of marketshare
>As disclosed in the Form 8-K filed on August 6, 2015, we lost $39.1 million in connection with a business e-mail compromise ("BEC") fraud involving employee impersonation.
>This fraud resulted in transfers of funds aggregating $46.7 million held by a Company subsidiary incorporated in Hong Kong to other overseas accounts held by third parties.
>the Company has recovered $8.1 million of the amounts transferred. Furthermore, an additional $6.8 million of the amounts transferred are currently subject to legal injunction and reasonably expected to be recovered by the Company in due course.
>The Company may not be successful in obtaining any insurance coverage for this loss.
Edit: add sources
Because you can't time the market. You don't actually know if it's at a peak, or still climbing.
Article #2: [link]
Article #3: [link]
I see this as an opportunity to buy into high quality beatdown companies.
It may be fun to look at your trading account and see that TSLA is up 10% this week, or that some biotech just popped - but those easy gains come at the cost of playing with overenthusiastic traders. So your gains get wiped out at the first whiff of bad news.
On the other hand, buying a company like EQT means I'm paying less for it right now than a couple of billionaires did a few months ago. EQT is unattractive to people who have no tolerance for bad news. So although it's down right now - I can be sure that at some point those billionaires are probably going to be correct. The stock will go up again. And those investors who ran away will come flocking back. Until it does go up, I'll pick up dividends.
A few more reasons I'm holding EQT:
100% rating for their CEO on glassdoor.
Average analyst rating of "Strong Buy"
Most of all though is that it is held in the portfolio's of a couple of billionaires - and I trust their judgement more than I trust my own.
Microsoft makes their money through Windows which is ubiquitous. Mac has a small market share - Source and is mostly used by college kids and artists. They also make money from Office which is used by every company that isn't so cheap that it uses shitty alternatives.
Bing search loses tons of money and Xbox loses tons of money. They are making progress but they Xbone lost them a billion dollars this year and Bing lost 1.3 billion last year.
Xbox lost tons of money when it launched due to various issues - for one, they had a contract with AMD to pay them a certain exorbitant amount per chipset. When AMD figured out a way to make them cheaper they stood to make money hand over foot for each one they sold, so Microsoft just started paying them less, and got sued for breach of contract. That kind of thing is expensive. The 360 had an insane failure rare for the first year or so - possibly over 50 percent but official numbers aren't really out there. I think my brothers and I went through a few between us though so I believe that number myself. That kind of thing is also expensive. So Xbox hasn't really been profitable yet.
They also lost probably 700 million on surface tablets that didn't sell last year.
Windows phones have a tiny market share but it is growing. They also bought Nokia for 7 billion, we will see how that turns out for them. I would use a Windows phone if the app store didn't suck. Fun fact, due to a patent issue every Android phone that gets sold sends a few bucks in Microsoft pocket. They get a billion from Samsung alone which makes up for the losses they take on X box. Source
Encore une fois les journaux ne font pas tres bien leur travail sur ce sujet ou alors j'ai dû rater certains articles.
pourquoi les bourses battent des records de jour en jour alors que la crise économique bat son plein ?
Les analystes révèlent que les sociétés rachetent leurs propres actions, on a battu des records de "buybacks" (voir le 2eme article) depuis l'année derniere.
Mais pour quelle raison font elles des rachats de leurs propres actions ?
Tout simplement parce que les taux d'intérêts sont extremment bas et que la Fed imprime du dollar a foison.
Une société qui en principe devrait investir son cash (ou celui qu'elle a emprunté) afin d'améliorer sa productivité, innover, conquérir de nouveaux marchés, préfère l'investir en bourse car le taux de rendement est nettement supérieur a celui de l'investissement "reel".
Ce qui participe au cercle pervers que nous vivons: peu d'investissement privé -> modération ou baisse des salaires -> baisse de la conso -> sociétés qui ne vendent plus -> elles n'investissent plus -> etc.
While the stock-trading thing is a super-cool idea and I would recommend getting your kid a head start on investing, do realize that the sort of capitalism your kid was doing works better in smaller markets. There are so many people doing the exact same thing in the stock market, that there isn't much money to be made.
I've read a few books on trading for a living, and all of them said you can expect to lose about $100,000 before you get the hang of day-trading enough to make money.
On the other hand, investing should be dead simple. Here's an article I've never read before on how simple it should be. Invest in index funds (that's a single stock that holds all the other stocks in its portfolio) and never sell. By the time market news comes around, it's already too late to make money, but with the index fund portfolio, it doesn't even matter.
As much as I dislike Obama, you're wrong, if you pay attention to the speed at which the debt was rising, you will realize that since Obama had been elected, it had severely slowed down. That 5 trillion debt is caused Bush's recession that begun a year before Obama's election and begun driving the economy to the ground before Obama took the wheel.
> That means that the sub numbers they report are the actual sub numbers.
Sub numbers inflated by the following definition:
>active subscribers — defined as those paying for subscriptions along with players who are still in the free month of trials after buying the game.
So those 1.3m subs aren't actually 1.3m paid subs.
You also need to consider the free month they gave to a lot of players. That 1.3 million figure is as inflated as they possibly could get.
Saabs B-aktie != saab automobile/swedish automobiles (som är noterad på amsterdams börs).
SAAB B är väl flyg & försvarsdelen av saab.
> Yep, Logitech's business is failing.
Is it? I hadn't heard anything about that. They had a rough 2013 but they're ok now.
>That's because the real intelligent people are off making their fortunes in the private sector.
As the taco girl said "Why not both"
Have you never heard of the public/private revolving door?
He is one smart cookie because he took advantage of the change in regulations by the Securities Association of China in April 2015:
> Fresh regulation out of China on Friday opened the door for fund managers to lend shares for short-selling and will also expand the number of stocks investors can short sell.
>Something like that could happen in the next twenty or so years.
>Putin has consolidated a lot of power; who's to say the next president will be able to keep it all together.
> Plus Russia's economy is going terribly what with sanctions and the reduced prices of oil.
>It will get progressively more difficult for one government to rule all of Russia if the population and economy continue to decline.
You're killing me.
Since we see these stupid articles lately let me explain.
Walmart paid 7.98 BILLION in income taxes in 2012 ([link]). So even if this 6 billion number were true then the government is up 2 billion off Walmart income tax alone that year.
They also had a revenue of 446 BILLION ([link]) which generated an estimated 24 BILLION in state sales tax. Now this came from customers and not them but it is still revenue they might not have gotten all of in Walmart did not exist.
Not really. They are considering creating a parallel currency based on gold. The Swiss Franc will still be detached.
Again, 200 million currently active users means nothing if you don't monetize. Twitter has 300 million active users and is barely "worth" $20 billion with an estimated $1.6 billion in annual revenue (and they seem to be in serious trouble). Myspace had 100 million users, $800 million in annual revenue and is now worth nearly nothing. Users are encouraging, but mean nothing without revenue and profits.
That Henry Blodget clickbait is more than likely extremely incorrect. A more detailed analysis suggests Uber may make a profit of a few hundred million this year on a revenue of, at best, a few billion - significantly less than even Twitter.
And Delta actually had $40 billion in revenue last year. That includes a net income of $659 million - likely more than Uber's annual revenue.
The margins are okay, but they make great money from other businesses who sell through Amazon but have their own logistics, or contract Amazon logistics services without making them the public storefront, as well as their popular internet infrastructure services.
Good little explanation on the Amazon strategy:
Example of mainstream conversation on Amazon's little back-and-forth with investors on net income:
They've been building and upgrading fulfillment centers like crazy. Public financials suggest a company that makes money and immediately reinvests almost all of it to build a giant machine with which Bezos will one day unify the world under a benevolent, value-oriented dictatorship.
very IoT. such decentralized. wow.
They actually did a thorough review of the technologies (blockchains, telehash, bittorrent) and extrapolated it out (contracts, rules of engagement). They seem like they are starting to understand decentralized computing.
IBM has deep pockets, and Samsung has serious market penetration. If they were motivated, this tech could be made mainstream much faster than anyone previously expected.
> We would also like to acknowledge the contributions of the Ethereum team: Vitalik Buterin, Stephan Tual and Gavin Wood
Great of you guys to collaborate with them on this. I hope they don't pull a quick one and eat your lunch.
>Walmart made $473,100,000,000 last year
There is no way that this is net profit, if this is an accurate number it would be their gross profit.
Just looked it up. Their net is only 16 billion. Time to redo your math.
In fact, Apple just broke the record for quarterly profitability just a few days ago. $18 billion.
For comparison, Google's net income for 2013 was $12 billion. Apple made more money in 3 months than Google made in an entire year.
That is a major falsehood. You are obviously misinformed. Clinton tripled the debt, Bush doubled it, and Obama has only spent half. Get your facts straight. Obama spending binge never happened.