Tuesday 08.22.17

"What we do during our working hours determines what we have; what we do in our leisure hours determines what we are." -George Eastman

US Pacific commander: Remains of sailors found  A number of remains of Navy sailors were found in a compartment of the USS John McCain, a day after the warship’s collision with an oil tanker in Southeast Asian waters left 10 sailors missing. - Associated Press

People Start Hating Their Jobs at Age 35  According to a survey of more than 2,000 U.K. employees by human resource firm Robert Half U.K. One in six British workers over age 35 said they were unhappy—more than double the number for those under 35. - Bloomberg

Verizon Applies New Bandwidth Limits  Verizon Wireless will start throttling video streams to resolutions as low as 480p on smartphones this week. 1080p will be the highest resolution provided on tablets, effectively ruling out 4K video on Verizon's mobile network. - ArsTechnica

Millennial Americans Are Moving to the 'Burbs, Buying Big SUVs According to Zillow Group data, Americans aged 18 to 34 are now the largest group of home buyers, and most are living in the suburbs. Additionally they are buying SUVs as sales of large SUVs have jumped 11 percent in the first half of the year. - Bloomberg

McConnell says there is ‘zero chance’ Congress will fail to raise debt ceiling  Yetserday, Senate Majority Leader Mitch McConnell stated that there is “zero chance — no chance” Congress would fail to raise the debt ceiling by late September. - Washington Post

Johnson & Johnson faces $417m payout in latest talc case  Johnson & Johnson has been ordered to pay $417m to a woman who says she developed ovarian cancer after using products such as baby powder. - BBC

Spanish police track down, shoot dead Barcelona attacker  Spanish police on Monday shot dead an Islamist militant who killed 13 people with a van in Barcelona last week, ending a five-day manhunt for the perpetrator of Spain's deadliest attack in over a decade. - Reuters

Ray Dalio: US most divided socially and economically since 1937  In an essay released yesteday, hedge fund king Ray Dalio details how he believes Americans are divided socially and economically in ways that have not been seen since 1937. - CNBC

  See the Cool Kids Lined Up Around That New Restaurant? This App Pays Them to be There

Acting disengaged while they idle in line could tarnish their “reputation score,” an identifier that influences whether they’ll be “cast” again. Nobody is forcing the participants to stay, of course, but if they leave, they won’t be paid — their movements are being tracked with geolocation.
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