Tag Archives: bloomberg-news

You know the drill: 11 of the last 12 months hit record high temps.

The company is reportedly focusing instead on developing software for driverless vehicles that could be used by other car companies.

The shift has led to a mass exodus at Apple’s secretive car division, Project Titan, anonymous sources tell Bloomberg News. Hundreds of people from the once-1,000-person-strong team have either been reassigned to other divisions, been let go, or quit, though some new people have also been added.

In 2008, after Apple released the iPhone, Steve Jobs talked with Tony Fadell, a senior VP at Apple, about taking on a car as the company’s next game-changer, and redesigning it from scratch. “What would a dashboard be?” Fadell said, describing one conversation. “What would seats be? How would you fuel it or power it?”

But those big dreams seem to have hit hard realities. Among other things, Apple had trouble getting suppliers to make small quantities of parts, Bloomberg reports. Ultimately, it’s very difficult for a company to get into the car manufacturing business — even an established tech behemoth. And for those of us who’d like to see more innovation in the transportation sector, that’s too bad.

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You know the drill: 11 of the last 12 months hit record high temps.

Posted in alo, Anchor, FF, GE, Goodmans, LG, ONA, PUR, Ringer, Ultima, Uncategorized | Tagged , , , , , , , , , , , | Comments Off on You know the drill: 11 of the last 12 months hit record high temps.

A journalist arrested for filming a pipeline protest could face more prison time than Edward Snowden.

The company is reportedly focusing instead on developing software for driverless vehicles that could be used by other car companies.

The shift has led to a mass exodus at Apple’s secretive car division, Project Titan, anonymous sources tell Bloomberg News. Hundreds of people from the once-1,000-person-strong team have either been reassigned to other divisions, been let go, or quit, though some new people have also been added.

In 2008, after Apple released the iPhone, Steve Jobs talked with Tony Fadell, a senior VP at Apple, about taking on a car as the company’s next game-changer, and redesigning it from scratch. “What would a dashboard be?” Fadell said, describing one conversation. “What would seats be? How would you fuel it or power it?”

But those big dreams seem to have hit hard realities. Among other things, Apple had trouble getting suppliers to make small quantities of parts, Bloomberg reports. Ultimately, it’s very difficult for a company to get into the car manufacturing business — even an established tech behemoth. And for those of us who’d like to see more innovation in the transportation sector, that’s too bad.

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A journalist arrested for filming a pipeline protest could face more prison time than Edward Snowden.

Posted in alo, Anchor, FF, GE, Goodmans, LG, ONA, PUR, Ringer, Ultima, Uncategorized | Tagged , , , , , , , , , , | Comments Off on A journalist arrested for filming a pipeline protest could face more prison time than Edward Snowden.

Bloomberg News: Ethanol prices down vs. gasoline, based on predictions of a record corn crop

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Bloomberg News: Ethanol prices down vs. gasoline, based on predictions of a record corn crop

Posted 14 August 2013 in

National

From Bloomberg News:

Ethanol declined against gasoline as the futures slid to a 14-month low on speculation that the September corn harvest will allow companies to boost output of the biofuel.

The spread between the fuels expanded 5.64 cents to 80.25 cents a gallon a day after the Agriculture Department said domestic corn output will set a record. Ethanol for September delivery closed at a 25.6-cent premium to the October contract on the Chicago Board of Trade.

“The steep carry in September and October has producers emptying tanks of any material,” said Justin Dirico, manager of the biofuels desk at Eagle Energy Brokers LLC in New York.

Denatured ethanol for September delivery fell 1.8 cents, or 0.8 percent, to $2.14 a gallon on the Chicago Board of Trade, the lowest price since June 22, 2012. Futures have declined 2.3 percent this year.

It’s clear the RFS is working as intended – bringing consumers lower costs at the pump, while spurring farmers to feed and fuel the country.

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Bloomberg News: Ethanol prices down vs. gasoline, based on predictions of a record corn crop

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