Chriss W. Street

Chriss W. Street

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AP Photo

Boeing Dumps CA Workers Over Ex-Im Bank

Boeing seems to be retaliating against House Majority Leader Rep. Kevin McCarthy (R-CA) for leading the effort to defund the Export-Import Bank by announcing several hundred California job cuts.

AP Photo

Just How Bad Was Last Week’s Global Meltdown?

All eight of the major international stock indexes were down last week with an average loss of -6.57 percent, according to Doug Short, despite Friday’s -531 point plunge in the Dow Jones Industrial Average, driven by fears of an economic collapse in China.

LEON NEAL/AFP/Getty Images

Twitter: Social Media on Life Support

A new study from the Pew Research Center shockingly reveals that the percentage of Americans logging on to Twitter each day has flatlined for the last two years. As company’s stock led tech shares down this week, analysts are beginning to question if Twitter can survive.

Almonds (HealthAliciousNess / Flickr / CC)

El Niño: Party Time for California Almond Growers

The raging El Niño Southern Oscillation, a band of warm ocean water in the central and east-central equatorial Pacific, is about to cause droughts in southern Asia–and to bring enough rain to boost California almond production after years of drought-induced decline.

REUTERS/Brendan McDermid

NBC Bets $200 Million on BuzzFeed

NBCUniversal continues its big-bucks leap to catch up to millennial “cord-cutters” and “cord-nevers” by spending another $200 million to buy a bigger stake in BuzzFeed. The move comes less than a week after NBCUniversal invested $200 million in Vox Media.

Gaza tech (Mohammed Abed / AFP / Getty)

Google Builds Tech Start-up Culture in Gaza

TechCrunch reports that Google is working in the Gaza Strip–a 6.8-mile-by-32-mile territory controlled by terrorists–to develop a local tech start-up culture in one of the world’s most challenging business environments.

AP Photo/Laura Rauch

Next: Intel-Driven Xeon Laptops & Supersmart-Phones

Intel is about to drive a new wave of Moore’s Law, as personal computing converges with mobile technology due to the development of smaller processors, increased power efficiency, non-volatile memory, flexible/agnostic software, wireless peripherals and cloud access.

China Mao statue (Mark Ralston / AFP / Getty)

China Devalues to Save 60 Million Chinese Jobs

The People’s Bank of China has devalued the yuan 2.9 percent since Monday–the biggest plunge in the currency’s value since the mid-1990s. China’s currency devaluation is a classic predatory trade war action to save up to 60 million Chinese factory jobs at the expense of millions of American and European workers.

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