Friday 07.14.17
"As for my music: child melancholy; jaded optimism; the feeling in the room when a small child says something mature and profound at the dinner table." -Leach


Social Security projects biggest payment increase in years Good news for seniors: Millions of Americans who rely on Social Security are projected to receive their biggest payment increase in years this January. Bad news for seniors: It’s just a 2.2 percent increase, or about $28 a month for the average recipient.  - Associated Press

Big Money Is Buying Up Puerto Rico’s Risky Real Estate Distressed-mortgage investors are descending on troubled Puerto Rico. There are big names among them: Goldman Sachs Group Inc. and Perella Weinberg Partners and TPG Capital. What’s luring them is the opportunity to scoop up home loans and foreclosed properties for pennies on the dollar.  - Bloomberg

DraftKings and FanDuel abandon proposed merger FanDuel and DraftKings, the two giants in daily fantasy sports, are dropping out of their plan to combine the two companies, weeks after a federal regulator announced it would attempt to block the deal.  - Washington Post

High-speed Hyperloop project ready for key test in Nevada Engineers will soon conduct a crucial test of a futuristic technology championed by entrepreneur Elon Musk that seeks to revolutionize transportation by sending passengers and cargo packed into pods through an intercity system of vacuum tubes.  - Reuters

Roku Expects to Launch IPO Before Year-End Roku Inc., which makes streaming-media devices and software, is preparing an initial public offering it expects to launch before year-end. The streaming media player maker said to be seeking a valuation of roughly $1 billion  - Wall Street Journal

Neil Armstrong's moon bag to fetch up to $4 million at auction The long-lost bag used by U.S. astronaut Neil Armstrong to bring back to Earth the first samples of moon dust is expected to sell for up to $4 million when it is auctioned with other space memorabilia next week in New York City.  - Reuters

Record number of environmental activists killed around the world
Growing competition for land and natural resources saw a record number of environmental activists killed in 2016, says Global Witness. The green group's report details at least 200 murders across 24 countries, up significantly from 2015. Disputes over mining were the cause of the greatest number of killings, followed by logging and agribusiness.  - BBC

Man killed 4 after feeling cheated in drug deals A drug dealer has confessed to killing four young Pennsylvania men after he felt cheated or threatened during three drug transactions and then burned their bodies at his family’s farm in suburban Philadelphia, a person with firsthand knowledge of his confession said.  - Associated Press

Exclusive NL Interviews with Synth-Pop Musician, Leach, About Finding Inspiration in a Monastery, Why Soundcloud Sucks for Artists, and More...

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

Got ideas, wanna chat, business stuff?: