-
U.S. searching for a nuclear waste graveyard
Congress has killed the Yucca Mountain nuclear repository project, so the United States has no central location for storing nuclear waste; 50,000 metric tons of toxic nuclear waste that has already been produced by the U.S. nuclear plants; 30,000 metric tons more of nuclear waste is expected to be generated in the coming decades
-
-
Questions raised about private inspections of food companies
What the mortgage meltdown did to the financial services sector, the recent salmonella outbreak has done to to food industry: critics charge that both cases exposed the inherent weaknesses of industries regulating and inspecting themselves
-
-
Project allowing Mexican long-haul trucks into U.S. ends
Two years ago the Department of Transportation launched a pilot project allowing Mexican long-haul trucks to carry their cargo from the Mexican origin all the way to the U.S. destination, without transferring the cargo to an American carrier; Congress removed funding for the project from the omnibus spending bill
-
-
U.K. looking for a single search and rescue helicopter fleet
The U.K. Ministry of Defense and Ministry of Transportation are planning to acquire one helicopter for both military and domestic search and rescue missions; the single SAR fleet of aircraft will succeed the existing service in 2012
-
-
Roche takes over Genentech for $47 billion
Swiss drug giant pays $95 per share for 44 percent of Genetech (Roche already owns 56 percent); the combined company would be the seventh-largest U.S. pharmaceutical company in terms of market share and would generate about $17 billion in annual revenues with a payroll of around 17,500 employees in the U.S. pharmaceuticals business alone
-
-
EADS shows solid 2008 results
EDAS reports 11 percent increase in revenues to €43.3 billion and a record order book for the group that stands at €400 billion; A400M program problems loom
-
-
F&S: Classifeye's solution offers strong authentication in a snapshot
Frost & Sullivan gives thumbs up to Classifeye biometric solution; Classifeye has developed a solution that uses the camera built into the mobile handset; by taking a picture of two fingers with the camera, Classifeye’s solution can biometrically authenticate the user
-
-
U.S. airline security measures hamper exporters from the Marshalls
Businesses in Micronesia are worried about a new TSA security directive which stipulates that freight can no longer be accepted from individual shippers, and must be forwarded through a cargo agent, consolidator, or freight forwarder
-
-
U.K. ID and Passport Service brings in ad men
The debate in the United Kingdom about the merit of a national biometric ID continues, but the Identity and Passport Service is not waiting
-
-
Job applicants especially susceptible to identity theft
Those who lose their jobs during an economic slow down tend to respond to dozens of ads in newspapers and on the Internet in search of a new job; they thus become more susceptible to identity theft scams
-
-
L-1 wins $8.3 million U.S. Army contract for HIIDE 4.0 biometric device
HIIDE is a rugged hand-held biometric enrollment and recognition device providing real-time identification using iris, finger, and face biometrics. More than 7,500 devices are currently fielded into areas of conflict around the world
-
-
Economists: Markets outperform patents in promoting intellectual discovery
Researchers say that the problem with patents is that they give the prize to the winner only; whoever comes in second or third walks away empty-handed; allowing people to benefit even if they only tackle a part of a problem might well lead to more collaboration, and to the faster development of an ultimate solution to the whole problem
-
-
School begins using biometric facial recognition
St. Neots Community College in Huntingdon, Cambridgeshire, has launched a facial recognition technology to identify students and check their attendance
-
-
Spyware big seller in China
The Chinese government no longer has a monopoly over domestic spying; sales of James Bond-like hidden surveillance tools such as cameras disguised as pens or buttons to companies and individuals soar
-
-
Defense group Cobham announces robust 2008 results
Profits up 18 percent; total revenue for the whole group increased to £1.467 billion from £1.061 billion and trading profit was up by 27 percent to £252 million from £199 million
-
The long view
To Make Children Better Fact-Checkers, Expose Them to More Misinformation — with Oversight
“We need to give children experience flexing these skepticism muscles and using these critical thinking skills within this online context,” a psychology researcher said.
Proof That Immigrants Fuel the U.S. Economy Is Found in the Billions They Send Back Home
Studies indicate that remittances — or money immigrants send back home — constitute 17.5% of immigrants’ income. Given that, we estimate that the immigrants who remitted in 2022 had take-home wages of over $466 billion. Assuming their take-home wages are around 21% of the economic value of what they produce for the businesses they work for – like workers in similar entry-level jobs in restaurants and construction – then immigrants added a total of $2.2 trillion to the U.S. economy yearly. That is about 8% of the U.S. GDP.
Major Lithium Mine Approved in Nevada, Supporting a Domestic Supply of Critical Minerals
Critical minerals are essential building blocks of the modern economy and America’s energy security, from clean energy technologies – like electric vehicle and grid storage batteries and wind turbines – to semiconductors to advanced defense systems and consumer electronics.
Revising the Cost of Climate Change
Climate scientists have warned of calamitous consequences if global temperatures continue their rise. But macroeconomists have largely told a less alarming story, predicting modest reductions in productivity and spending as the world warms. Until now. New study of economic toll yields projections ‘six times larger than previous estimates’.