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Filed under: Energy , Economy In less than 20 years, the United States will be energy independent. That’s the upshot of a new report just published by BP, titled (appropriately) ” BP Energy Outlook 2030 .” During the next 18 years… The world’s population will grow by 20%, to approximately 8.2 billion souls
Posted by FinanceGuru in DailyFinance
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Filed under: People , Lifestyle The United States is now the world’s largest consumer of coffee , collectively chugging 400 million cups per day. But since 2004, Americans have had another option for satisfying their caffeine craving — 5-Hour Energy, a two-ounce drink which promises 300 minutes of stimulation without an enervating “sugar crash” later. And the country has embraced it: The company that makes the mini-drink, privately-held Living Essentials LLC, grossed more than $600 million last year on $1 billion of retail…
Posted by FinanceGuru in WalletPop
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Oh, no! It’s Friday the 13th! Superstitious investors may remember the mini-stock market crash of Oct. 13, 1989, when a megabillion-dollar leveraged buyout of struggling airline carrier United Airlines hit the skids and contributed to the Dow plummeting nearly 7% on that fateful day. And who can forget the massive 6.8 earthquake in northeastern Turkey on March 13, 1992, which resulted in more than 500 deaths and widespread damage to property, giving investors in insurance companies some..
Posted by FinanceGuru in WalletPop
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Filed under: Technology Online advertising is growing faster, but television still consumes most of the industry’s money — globally, $6.50 out of every $10 spent . But in the United States, TV advertisers are going to have to work more quietly. On Wednesday, the Federal Communications Commission announced plans to implement the 2010 Commercial Advertisement Loudness Mitigation Act — aka the CALM Act — in which Congress gave the commission, for the first time, authority to address the problem of excessive commercial..
Posted by FinanceGuru in WalletPop
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Filed under: Company News , Southwest Airlines , Travel At its best, holiday flying is a harrowing experience, with higher than usual odds of delayed departures, brutal weather, getting bumped, overcrowded terminals, lost luggage and stressed-out agents. On Tuesday, American Airlines’ customers got another thing to worry about as its parent company, AMR Corporation ( AMR ), announced it had filed for Chapter 11 bankruptcy protection.
Posted by FinanceGuru in DailyFinance
