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Chriss W. Street

Chriss W. Street

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Iran Sanctions Relief Will Break Russia’s Gas Monopoly

With sanctions about to be lifted, Iran unveiled a “new model” for a 25-year joint-venture oil and gas production contract on terms favorable to foreign companies in an effort to recruit $100 billion in foreign capital to break Russia’s natural gas monopoly in Europe.

(Associated Press / Globe Newswire)

Solyndra II: Energy Company Busts on Eve of Climate Summit

As President Barack Obama departed for the climate summit in Paris, he faces a new “Solyndra” scandal as Spain’s Abengoa SA, which received $3 billion in administration sustainable energy loans and Export-Import Bank guarantees, announced that it has started bankruptcy proceeding and may soon default on its debt.

Marissa Mayer

The Long Knives Come Out for Yahoo’s CEO

Although Marissa Mayer has brought stability and mobile growth to Yahoo over the last three years, after the company went through four failed CEOs, activist hedge funds are bringing out the long knives to threaten dumping Mayer.


Dianne Feinstein’s Million-Acre Land Grab Falters

Three months after Breitbart News and others outed Sen. Dianne Feinstein’s (D-CA) backdoor effort to freeze development on over one million acres of California dessert by having President Obama declare the area subject to the Antiquities Act of 1906, her efforts are going down in flames as Congressional Republicans are moving to ban the Antiquities designation.

AP Photo

Terrorism Deaths Quadruple Under Obama

The worldwide number of annual terrorist deaths has more than quadrupled since President Barack Obama was inaugurated in January 2009. Deaths from terrorism increased 80 percent last year to an all-time-record of 32,658 people killed, compared to 18,111 in 2013.

Teamsters Hoffa (Phil McCarten / Reuters)

Teamsters’ Domino Effect Organizes Silicon Valley

The Teamsters Union, representing shuttle bus drivers for tech companies, have kicked up pay for drivers from $18 dollars an hour to $25 after signing contracts with Apple and other Silicon Valley companies, part of a “domino effect” to organize the tech sector.

Reuters / Max Whittaker

CalPERS vs. Jerry Brown over Pension Contributions

The CalPERS Board voted to refuse California Gov. Jerry Brown’s modest demand to decrease their expected pension investment returns by a tiny 0.2% year, because the impact would have increased pension contribution costs by about $1.2 billion across nearly 800,000 employees–about $125 per month, on average.

California snow (Rich Pedroncelli / Associated Press)

El Niño Rain, Snow Lost to Lack of Infrastructure

Despite El Niño generating three times the amount of snow in Mammoth in the first half of this month as it did for the entire month of November last year, California’s failure to build infrastructure means most rain will be lost to run-off and flooding.