The Rockefeller Foundation will spend $5.5 million to help cities take advantage of the opportunity zone program created in the 2017 Tax Cuts and Jobs Act. The initiative will give six cities funding for a Chief Opportunity Zone Officer to be embedde
As more companies scramble to comply with the White House executive order prohibiting telecommunications equipment deemed a national security risk - even as the administration extended Huawei a 90-day reprieve - Japan's Toshiba said Thursday that it
How did transit become such an afterthought in Americans' transportation habits? I addressed that question in detail in an earlier CityLab piece. But to briefly summarize: Transit everywhere suffered serious declines in the postwar years, the cost
Auto-docking system on commercial vessels and on recreational marine and fishing vessels in Japan is expected to start after 2020. Robotic commercial ships are being developed by Japan, Norway, China, UK and others shipping nations.
Here are the real drivers and financial benefactors of Global Technocracy. This report is reminiscent of similar research compiled by the late Professor Antony C. Sutton and myself for our book, Trilaterals Over Washington, Vols. I and II. We reached
If you rent a car from Hertz, you're now on notice not to be surprised if you're randomly pulled over and arrested for seemingly no reason at all.
This is because, according to The Drive, customers of the Florida rental vehicle company are being
Update (10 am ET): After Google revoked its Android license, Huawei has released a statement to the Verge promising that users of its devices will still receive security updates and after-sales services...and that Huawei would begin working on a 'sus
With the entire US agriculture sector facing a 1980s style farm crisis downturn and record debt levels, demand for new tractors is set to collapse as farmers hang on to old Deere & Co. equipment, reported Bloomberg.
Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10% of its global salaried workforce.
Whole Foods, Barnes and Noble, Gamestop, Bed Bath and Beyond, Caribou Coffee, Jamba Juice, and Crate and Barrel all have something in common: they will start taking Bitcoin, Bitcoin Cash, Ethereum, and Gemini Dollars.
But what will happen to banks and automakers when the cycle turns?
Serious auto-loan delinquencies - 90 days or more past due - jumped to 4.69% of outstanding auto loans and leases in the first quarter of 2019, according to New York Fed data. Th
Beijing's announcement overnight that there are no plans for more trade talks with Washington has rattled global markets, and seeing as there's no positive trade news on the China front, the White House is giving a bullish headline about auto tariffs
An escalating Sino-American trade war is creating turmoil in rural America.
JPMorgan told clients Tuesday, the American agriculture complex is on the verge of disaster, with farmers caught in the crossfire of an escalating trade war, reported the
With the trade war between the US and China re-escalating once more, investors are again casting frightened glances at declining global trade volumes, which as Bloomberg writes today, "threaten to upend the global economy's much-anticipated rebound
Tesla announced the final offer for the acquisition of Maxwell Technologies, known manufacturer of ultracapacitors and developer of new dry electrode technology for batteries.
"We have agreed to sell substantially all of our assets," the company says in a SEC filing
Salon Media says they have reached an 11th hour deal to sell the company and its flagship property Salon.com for $5 million. In an SEC filing, Salon als
Surprise surprise: All of a sudden Huawei is a threat to US national security.
President Trump signed an executive order on Wednesday afternoon effectively banning the use Huawei's 5G technology just days after the US and China failed to reach a d
"The US army officer was impressed with the weapon when he compared it with their own knife. I showed him both the machine-made and the handmade Khukri and he chose the handmade one," Thapa said, adding, "the handmade ones have more durability
Tesla announced the final offer for the acquisition of Maxwell Technologies, known manufacturer of ultracapacitors and developer of new dry electrode technology for batteries.
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