Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Hey, Delaware, it’s a fine morning for a big headline: #DowDuPont is trending. Heads are spinning about what the mega-merger between Dow Chemical and DuPont means for the First State, but first, the facts: The new company’s name is DowDuPont. The merger will cost about $3 billion, but is projected to create about $30 billion of…
Gym designers have rid locker rooms of the gnarly shower curtains, trading them in for sexy glass escape pods. They have made bathroom stalls ever more private. Comfy couch corners, Wi-Fi and lockers with built-in locks have gone from swank options to standard issue. “Everyone wants to get upgraded now,” said Rudy Fabiano, an architect…
One of the benefits of private property is that whoever owns it can charge other people to use it. This is called rent. If people want to use this particular property very badly—that is to say, it is in “high demand”—the owner can charge a lot of rent. This is called capitalism. But some owners…
At least 80 Boston College students got sick after eating at a Chipotle restaurant in Boston, and health officials believe the food-borne illness is norovirus. Illnesses linked to the chain have been reported in up to nine other states in the past month. (AP) Last month, Chipotle closed 43 restaurants in Washington and Oregon after health authorities…
Tishman Speyer and H&R Real Estate Investment Trust’s development site on Jackson Avenue in Long Island City (Photo courtesy: Google Maps). first embed adBank of America Merrill Lynch and Wells Fargo are providing Tishman Speyer and its joint venture partners with a $640 million construction loan on the developers’ three-tower luxury residential project in Long…
This article originally appeared on AlterNet. In the past few years, San Francisco’s massive rents have displaced long-time residents and worsened the city’s already epic homelessness problem, sending more people into encampments or forcing them to live in cars or doubled up. Now, residents have the opportunity to experience that glamorous lifestyle by paying $600…
Every dollar in Mark Zuckerberg’s private charity is a dollar wrested from public coffers — and democratic control. The media-as-public-relations-machine was in full swing last week, abuzz over Mark Zuckerberg and Priscilla Chan’s public letter to their daughter that contained a $45 billion pledge to establish the Chan Zuckerberg Initiative. The mainstream media produced…
The freelance life. (Photo by flickr user @eekim, used under a Creative Commons Attribution License) Rachel Northrop shouldn’t have to use her credit card to buy groceries. She’s a successful young professional, after all, freelancing for several trade journals about tea and coffee production after having published a book on the subject in 2013. But…
Image: Mashable composite Flickr, bsabarnowl; 67825670@N07 By The Associated Press2015-12-07 15:44:13 UTC NEW YORK — Keurig, the maker of single-cup coffee machine maker, said Monday that it has agreed to be sold to private equity firm JAB Holding Co. for about $14 billion. The amount is a whopping 78% premium over Keurig’s stock price —…
Earlier this year a young employee at a celebrity magazine explained to me a problem. The magazine was doing reasonably well, as was its website. But both were publishing photos taken from Instagram with increasing frequency. This was fine: the photos were good and people liked them. The problem, this person said, was that it…