Chriss W. Street

Chriss W. Street

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Apple logo darkness (Justin Sullivan / Getty)

Apple & Friends Pay $415M for ‘No-Poaching’ Pact

U.S. District Judge Lucy Koh has approved a $415 million settlement offer by Apple, Google, Adobe and Intel in a Silicon Valley class-action lawsuit alleging that 64,000 tech workers were defrauded by the tech giants conspiring in secret “no-poaching” agreements to suppress tech workers’ wages in “The Valley.”

Marissa Mayer

Pregnant Yahoo! CEO Slammed for Taking Only 2 Weeks Off

Yahoo CEO Marissa Mayer announced on that she is pregnant with twins, but plans to approach her pregnancy and delivery by taking “limited time away” and “working throughout.” Mayer, 40, said her identical twin girls will likely be born in December. She and her husband Zachary Bogue already have a son.

AP Photo/Mark Lennihan

Just How Overvalued are U.S. Stocks?

The average price-earnings ratio (PE) of US stocks is at 25.5, versus a 16.6 historical average. That means that the stock market is currently 51 percent overvalued. But the challenge for this simple formula is that with all-time low interest rates forcing down bond yields, we are in uncharted territory.

Chinese boy (Wang Zhao / AFP / Getty)

China’s 24M More Boys than Girls: Recipe for Revolution

China faces a crisis of at least 24 million boys that will never find a mate due to tens of millions of female infanticides during China’s 34 years of one-child “policy” to restrict population growth. With at least 10 percent of China’s young men never being able find a spouse, these “bare branches” may direct their anger at the authorities.

Uber (Reuters)

Uber Now Faces California Class Action Lawsuit

U.S. District Judge Edward Chen, a Barack Obama appointee, granted class action status to a lawsuit claiming Uber Technologies Inc. illegally classifies its on-call drivers as independent contractors, rather than employees with rights and benefits.

AP Photo/Jeff Chiu

Colorado High-Tech Marijuana 50% More Potent

In Colorado, where recreational use of the marijuana became legal last year, the average of infusion of psychoactive compounds into the brain by volume from smokable marijuana is about 7.88 percent and about 3.5 percent for edible marijuana, according to a new study. That is 50% more potent than marijuana available elsewhere.

AP Photo

How America Can Link its Currency Back to Gold Standard

Judy Shelton, Ph.D. closed out the conservative Jackson Hole Summit this past weekend by offering a practical pathway to re-restore the U.S. dollar as a gold-backed currency without economic disruption by having the Fed pledge about 7 percent of America’s gold in Fort Knox as collateral to issue gold-convertible Treasury Bonds.

Jim DeMint Mandel NganAFPGetty

Jim DeMint’s Keynote Rocks the House at Jackson Hole Summit

President of the Heritage Foundation and former Senator Jim DeMint gave an inspiring Keynote speech last night at the conservative Jackson Hole Summit on why the Left’s “debasement of monetary policy over the last century, are a subset of a larger crisis” that our nation’s political and cultural elites are out to “override the wisdom and experience accumulated by mankind over the last several millennia.”

AP Photo

Sold-Out Conservative Jackson Hole Summit Rages Against the Fed

The sold-out Jackson Hole Summit, which seeks to be a conservative counter-balance to the Kansas City Federal Reserve’s Jackson Hole Symposium, kicked off with a fascinating history lesson by a Director of the Council on Foreign Relations on how the Bretton Woods Conference at the end of WW II led to the massive monetary expansion of Federal Reserve and impoverishment of America.

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.

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