DRONES over US AirSpace - Maker wonders why people are so CONCERNED. Drones are becoming more and more a part of the way America does business - they have been used in modern day warfare to target those believed to be dangerous or a threat to the security of the United States, but very soon they will be a permanent fixture on America's landscape. The FAA has been adopting new rules to expand the use of small drones domestically, and by 2012 UAVs are expected to dominate the country's airspace. Trevor Timm of the Electronic Frontier Foundation brings his take on whether Americans should worry about what law enforcement is doing. A polarizing debate is emerging over whether the unmanned aerial vehicles, commonly referred to as "drones," should be allowed into US airspace for use by local law enforcement and private businesses. "No longer a tool used strictly by the military to take out terrorists overseas, drones of all shapes and sizes will soon be in our skies here at home for surveillance missions by local police departments, energy companies looking to build pipelines and farmers looking to feed thirsty crops," CNET's Jeff Glor reported Wednesday. Drone technology may already be a billion-dollar industry, but as Ryan Gallagher blogged Tuesday for Slate, "One of the most significant barriers the industry faces is undoubtedly public opposition. There are critics on all sides of the political spectrum. In the United States, that includes not only campaign groups like the ...
In collaboration with Ceres and the Investor Network on Climate Risk, Citi, along with Oakland University's School of Business Administration, Baum and Associates, and Meszler Engineering Services simulated the impact that the proposed US Corporate Average Fuel Economy (CAFE) and greenhouse gas (GHG) emissions program might have on the industry in 2020. The analysis is meant to provide investors with a framework for evaluating the potential industry impact from tightening regulations. The report was released at the New York International Auto Show in 2012.
www.millionairecorner.com UNEMPLOYMENT RATE INCREASES Job growth in May was the weakest in a year and employers added only 69000 jobs, according to the Labor Department. Economists had expected non-farm payrolls to increase by 150000. According to Fox Business the unemployment rate increased to 8.2 percent. While past months have blamed the unseasonably mild winter for the sluggishness, analysts are now feeling there is a fundamental weakness in the economy. MANUFACTURING WEAKENS IN BOTH EUROPE AND CHINA The Eurozone's manufacturing index, the Purchasing Manager's Index or PMI, dropped to 45.1 from 45.9 in April, slightly above its lowest rating in June 2009. The Chinese PMI fell to 50.4 while HSBC's number for the factory sector in China fell to 48.1 , according to CNBC. MAY ENDS UP DISMALLY The Dow ended up down 26 points on Thursday at 12393 and bore out the new "sell in May and go away" theory. According to the Associated Press, May was the first losing month since September and the biggest monthly point loss since May 2010. Disappointing unemployment claims reports and poor first quarter economic growth added to the losses and the uncertainty in Europe over both Spain and Greece continues to impact the markets. European and Asian markets are both down on Friday. GERMANY AGREES TO GIVE SPAIN MORE TIME Germany has switched its opinion and decided to support a European Commission proposal to give Spain more time to balance its budget, in a sign that Berlin is becoming ...
Is Berlin the new home for tech start-up business "Technology (Industry)" "Berlin" "technology news" "apple" news "breaking today" iphone Android Every city wants one but few can manage it - a thriving start-up scene based in a sparkling tech hub is the must-have accessory for any city or economy striving for international status. David Reid reports from Berlin on how the accidental birth of the start-up scene in the city could end up giving birth to a lot more.
What's the dollar in your wallet really worth? www.ft.com Part of "Stay on top of the World"; a series of animated and interactive 3D infographics covering economic and technology stories. From March 27-29 2012 commuters at New York's Grand Central Station can interact with the infographics as they are projected inside the station in 3D as part of the Financial Times latest brand campaign. For more information about the campaign visit: www.ft.com
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