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Wednesday 08.02.17
"A business that makes nothing but money is a poor business" — Henry Ford 



 
Apple’s earnings-driven gain puts the Dow on pace to top 22,000  Apple shares jumped over 6% premarket action this morning after the release of its latest earnings report. This gain from Apple could be enough to push the DJIA above 22,000. - Market Watch

Older people dying on job at higher rate than all workers  An AP analysis finds baby boomers in particular were hard hit as about 35 percent of the fatal workplace accidents in 2015 involved a worker 55 and older. The U.S. government estimates that by 2024, older workers will account for 25 percent of the labor market. - Associated Press

South Carolina May Spend 60 Years Paying for Nukes Never Built  After the construction of two half-finished nuclear plants were scrapped in South Carolina, utility customers in South Carolina may end up spending the next 60 years paying billions for the two nuclear reactors that willl never be completed. - Bloomberg

Amazon Echo 'hacked' to spy on users  Researcher, Matt Barners, explains that an Amazon Echo can be turned into covert microphone to send the audio steam of everything it hears to an attacker. Barnes managed to enter the Echo's software innards via connections found on its base, and said taking over the device was "trivial" once an attacker had access to an Echo. - BBC

What Are You Afraid Of?   A new poll suggests that Islamic State and Climate Change are essentially tied for the most-feared security threat across much of the world — except in the United States - New York Times

EPA Official Signals Willingness to Negotiate on Car-Emission Rules  Auto makers selling electric cars and putting vehicles in ride-sharing fleets could receive significant credits toward meeting stringent U.S. emissions standards, proposals that would revise current regulations that were locked in under the Obama administration, an Environmental Protection Agency official said. - Wall Street Journal

Bitcoin splits, but clone off to slow start  Bitcoin's underlying code split yesterday as it generated a forked currency called "Bitcoin Cash," however the new virtual currency got off to a slow start due to lackluster support for its network. - Reuters
 

  The highly unusual company behind Sriracha, the world’s coolest hot sauce

Yet Tran shuns publicity, professes not to care about profits, hardly knows where his sauces are sold, and probably leaves millions of dollars on the table every year. His dream, Tran tells Quartz, “was never to become a billionaire.” It is “to make enough fresh chili sauce so that everyone who wants Huy Fong can have it. Nothing more.”
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