Monday 10.30.17

“In reading the lives of great men, I found that the first victory they won was over themselves... self discipline with all of them came first.” 
Harry S Truman

The Biggest Stock Collapse in World History Has No End in Sight  Ten years after PetroChina peaked on its first day of trading in Shanghai, the state-owned energy producer has lost about $800 billion of market value -- a sum large enough to buy every listed company in Italy, or circle the Earth 31 times with $100 bills. - Bloomberg

Severe weather sweeps through Northeast, 300K without power  Severe weather pounded the Northeast region with powerful winds and drenching rains early Monday, leaving nearly 300,000 without power. Southern New England appeared to suffer the brunt of the storm damage overnight. - Associated Press

Kevin Spacey Apologizes After Accusation of Sexual Advance  Kevin Spacey, a two-time Oscar winner, apologized Sunday night for what he said “would have been deeply inappropriate drunken behavior” after the actor Anthony Rapp accused him of making a sexual advance on him 31 years ago, when Mr. Rapp was 14 years old. - New York Times

Big Brewer Makes a Play for Marijuana Beverages  Constellation Brands, the U.S Distributor of Corona, has agreed to take a 9.9% stake in Canopy Growth, a Canadian marijuana company, and plans to work with the grower to develop and market cannabis-infused beverages. - Wall Street Journal

Apple fires iPhone X engineer after daughter’s hands-on video goes viral  Apple has reportedly dismissed an engineer after his daughter’s iPhone X hands-on video went viral on YouTube. Brooke Amelia Peterson published a vlog earlier this week, which included a trip to the Apple campus to visit her father and see an unreleased iPhone X. - The Verge

U.S. regulator wants to loosen leash on Wells Fargo  A leading U.S. regulator wants to make it easier for Wells Fargo to pay employees when they leave, loosening a restriction in place since a phony accounts scandal hit the bank last year. - Reuters

Puerto Rico moves to cancel Whitefish power contract after uproar  Puerto Rico’s government power company said on Sunday they would cancel a $300 million reconstruction contract with a little-known Montana energy firm after the Federal Emergency Management Agency said it had “significant concerns” about the deal. - Reuters

Bitcoin sets new all-time high  Bitcoin price smashes through $6,300 to hit another record high. Investors appear to be shrugging off some of the negative news in the bitcoin world. Bitcoin recently underwent another "fork" or split, resulting in the creation of a new cryptocurrency called bitcoin gold. - CNBC
 . 25 Recommendations for Life Changing Biographies for the Voracious Reader

"Smart people read biographies. Generalizations are usually worthless, but you can pretty much take this one to the bank.

Look at their libraries and you'll see, one biography and memoir and autobiography after another. Of course, they read other things–it’s called being well rounded–but biographies are usually the core."

If you enjoy New Library, please share this link with your smart friends.

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