Obsolete UH-1 Replacement Boeing MH-139 Helo to Start Testing in December

Obsolete UH-1 Replacement Boeing MH-139 Helo to Start Testing in December

The Air Force will receive its first MH-139 helicopter for testing in December, as it enters the next phase of the $2.4 billion effort to replace the obsolete Vietnam-era UH-1N Hueys, the head of Air Force Global Strike Command said...
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The Average American Household Income Is Unchanged In 30 Years

The Average American Household Income Is Unchanged In 30 Years

The Average American’s Income Is Unchanged In 30 Years. While The “1%” Have Soared. According to the latest Census Bureau figures released this month, real American incomes remained essentially flat in 2018 after three straight years of growt...
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Chinese Companies Dump $40 Billion In Global Assets

Chinese Companies Dump $40 Billion In Global Assets

Chinese Companies Dump $40 Billion In Global Assets, China Turn Net Seller For First Time In Decades At the behest of the Communist Party leadership, Chinese conglomerates and investor groups have this year transformed from sometimes overeager spree buyers of....
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Heavy-Duty Truck Orders Collapsed 80% Y/Y

Heavy-Duty Truck Orders Collapsed 80% Y/Y

Production slashed, cancellation orders soar.  New reports from the trucking industry show the transportation recession continues to gain momentum through the end of summer, likely to continue through 2019 into 1H20. The US trucking industry had a blockbuster...
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Negative Interest Rates Threaten The Entire Financial System

Negative Interest Rates Threaten The Entire Financial System

The End Is Unforeseeable. Former Federal Reserve Chairman Alan Greenspan recently said he wouldn’t be surprised if yields on U.S. bonds turned negative and if they do, it wouldn’t be “that big a of a deal.” That seems to be a sentiment widely...
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Aramco second round: Select Lazard, Moelis for World’s Biggest IPO

Aramco second round: Select Lazard, Moelis for World’s Biggest IPO

Lazard just sent dealmakers from London, Paris, Houston to pitch. Saudi Aramco has picked Lazard Ltd. and Moelis & Co. to advise on the oil giant’s second attempt at the world’s largest initial public offering, people with knowledge of the matter...
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Scientists at Sweden’s Karolinska Institutet: New organ found just beneath the skin

Scientists at Sweden’s Karolinska Institutet: New organ found just beneath the skin

New organ found just beneath the skin may be responsible for certain types of pain. A previously unknown sensory organ that detects dangerous environmental stimuli may be responsible for certain types of pain, according to scientists who discovered the organ.....
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This Year at Pebble Beach

This Year at Pebble Beach

More than $380 million worth of wheels are slated to hit the auction block at six auction houses at Monterey Car Week. The fortunes fueling this year’s sales are coming in large part from collectors who recently made their money selling...
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Loadsmart And Starsky Make First Autonomous Truck Delivery

Loadsmart And Starsky Make First Autonomous Truck Delivery

Loadsmart and Starsky Robotics Make First-Ever Digital Freight Delivery Via Autonomous Truck According to the two companies, the integration of Loadsmart’s AI-powered pricing and load matching technology with Starsky’s API meant no human interventi...
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Interacting Floquet polaritons

Interacting Floquet polaritons

Scientists Logan W. Clark, Ningyuan Jia, Nathan Schine, Claire Baum, Alexandros Georgakopoulos & Jonathan Simon published their work about colliding photons and interacting polaritons. Abstract: Ordinarily, photons do not interact with one another. However...
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Mylan to merge with Pfizer’s Upjohn

Mylan to merge with Pfizer’s Upjohn

Pfizer will combine its off-patent drug business with Mylan. Pfizer shareholders would own 57% of the new company and Mylan’s shareholders would get 43%. The combined company, which will sell Mylan’s EpiPen and Pfizer’s Viagra, will be domiciled in the.....
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Boeing Q2 Revenue Plunges, Missing By $5 Billion

Boeing Q2 Revenue Plunges, Missing By $5 Billion

With the storm clouds over the grounded 737 MAX gathering patiently for the past 5 months, it was only a matter of time before the torrential downpour arrived, which it did just before 730am, when Boeing reported shocking numbers, with...
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Chevrolet Corvette C8 Stingray – No Manual Transmission

Chevrolet Corvette C8 Stingray – No Manual Transmission

Chevrolet has launched the mid-engine 2020 Corvette C8 Stingray. There were a lot of leaks prior to the launch, but that did not deter the aura of the whole event. The C8 Stingray debuted in California at a standalone event,...
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Discrepancy in growth between incomes, rents, and house prices

Discrepancy in growth between incomes, rents, and house prices

How out-of-whack is the discrepancy in growth between incomes, rents, and house prices? The “San Francisco Housing Crisis,” as it’s called on a daily basis, is an extreme. But housing costs in major urban areas in the US have been...
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Norwegian Air CEO steps down

Norwegian Air CEO steps down

Norwegian Air’s Bjoern Kjos stepped down on Thursday as chief executive of the budget airline he co-founded. Kjos, 72, a former fighter pilot, helped to build a tiny Norwegian airline housed in pre-fabricated barracks on the edge of Oslo airport...
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