Sam malik

24 Flips | 3 Magazines | 6 Likes | @Sammalik4duo | Keep up with Sam malik on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Sam malik”

Where land meets sea: 6 phenomenal coastal hikes around the world

LITTLE BEATS HIKING ON THE COAST — the crashing of the water, the often dramatic rise of the land, the feeling of adventure. Following a path through …

Hiking

The 3 Ways That Parallel Universes Could Be Real

The idea that things exist in a particular, well-defined state at all times where their properties can be determined so long as you can measure them well enough was fundamental to how we conceived of the Universe. When quantum physics came along, that idea went right out the window, never to …

Dark Matter

China pledges to cut steel glut, avoid race to devalue yuan

BEIJING (AP) — China promised to rein in production of steel that is flooding global markets and work with Washington to enforce North Korea nuclear …

China

United, Iberia airlines pull out of Nigeria; funds blocked

LAGOS, Nigeria (AP) — U.S. airline United and Spain's Iberia are pulling out of Nigeria as the government is urged to release more than $600 million …

Africa

Rise in U.S. import prices below expectations; petroleum costs jump | Reuters

WASHINGTON (Reuters) - U.S. import prices rose in March for the first time in nine months as the cost of petroleum products increased, but the lingering effects of a strong dollar suggested inflation will continue to increase gradually.<p>China Shipping containers lie on the dock after being imported …

Economics

'Sticky price inflation' is at a post-financial crisis high

Are interest rates headed higher?<p>If you believe Janet Yellen's ad nauseam promises that the Federal Reserve's decision to increase interest rates is totally "data dependent," then you should expect interest rates to move higher.<p>I say that because of the following two charts, which point toward an …

Energy Innovation Is Creating New Opportunities For Growth

Utilities and energy companies see self-production and consumption of solar energy as a threat to their business model. Image source: SunPower.<p>What happens when the energy business, which been relatively unchanged for a century, is suddenly turned upside down? That's a question energy companies …

Alternative Energy

How This Manufacturer Used Data to Increase Efficiency and Cut Costs

This story appears in the April 2016 issue of <i>Entrepreneur</i>. Subscribe »<p>Inteva Products, a multibillion-dollar global manufacturer of auto parts, wanted to improve its products and sniff out manufacturing inefficiencies. So it ran an experiment: It hired Sight Machine, a 4-year-old San …

Hong Kong emerges as hub for creating offshore companies

HONG KONG (AP) — In 2009, Jasmine Li, whose grandfather was the fourth most powerful politician in China at the time, donned a floral Carolina …

Hong Kong

Billionaires: More Wealth In Fewer Hands, Growing Philanthropy

The world has changed considerably since 1996: Legacy industrial production has shifted to cheaper resource-rich markets, creating demand for labor and materials – and created billionaires out of those individuals able to capitalize on the demand. In the industrial world, the nascent technology …

Emerging Markets

Tsipras demonizes IMF to rally troops for bailout sacrifices | Reuters

BRUSSELS (Reuters) - In Athens, walls have ears.<p>Greek Prime Minister Alexis Tsipras arrives to welcome General Secretary of OECD Angel Gurria (not pictured) at the Maximos Mansion in Athens, Greece, March 10, 2016. REUTERS/Michalis Karagiannis<p>The leaking of a conference call of International …

Europe

Italy government calls meeting Monday to finalise bank fund plan: sources | Reuters

ROME (Reuters) - Italy’s largest banks will meet the Treasury and central bank on Monday to thrash out a plan to set up a state-backed fund to buy bad loans and plug capital shortfalls at its ailing banks, five sources familiar with the matter said on Sunday.<p>The Banca D'Italia (Bank of Italy) logo …

Central Banks

Australia's big banks wander deeper into regulatory quagmire | Reuters

SYDNEY (Reuters) - Australian banks famously rode out the 2008 financial crisis with barely a scratch, but no longer are they the exemplar of success, as a commodity rout ravages the economy and a growing storm of accusations over misconduct threatens to tar their name.<p>A man talks on his mobile …

Administrative Law

Spain to ask Brussels for extra year to meet deficit target | Reuters

MADRID (Reuters) - Spain plans to ask the European Commission for an extra year to meet its public deficit targets, El Pais reported on Sunday, after missing the mark with its 2015 deficit and raising the prospect of further spending cuts to narrow the budget gap.<p>A worker pushes a trolley with …

Economy

Amazon CEO Jeff Bezos shares thoughts on corporate culture, decision-making and failure

It may not be<p>Warren Buffett's eagerly anticipated letter to shareholders, butAmazon.comChief ExecutiveJeff Bezos' annual investor missive has become known for offering its own yearly insights into how he runs the online retail giant.<p>Two years ago, for instance, Bezos shared in his letter that …

Amazon Web Services

Treasury moves to crack down on tax evasion

The new rule would require banks to identify the owners of shell companies. But would it really help?<p>The release this week of the leaked “Panama Papers,” revealing hidden offshore accounts held by wealthy and powerful people around the world, set off protests, toppled the prime minister of Iceland …

Corruption

Ford Motor Company Continues to Roll in China

Ford's Fiesta in China during its world tour. Image source: Ford Motor Company.<p>It was just months ago that<b>Ford Motor Company</b> (NYSE: F) posted very strong profits during its 2015 fourth quarter. One of the driving forces behind that was stronger profitability in its Asia-Pacific region -- and China …

Markets

Solution on Greece will be found soon but without debt relief: German finance minister | Reuters

BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said on German television that he was “quite optimistic” lenders would find a solution on Greece in the next few weeks but he added that this would not include debt relief for the troubled country.<p>German Finance Minister Wolfgang …

Europe

Improve your savings returns even though rates are staying low

<b></b>Despite the Federal Reserve’s increase to its key interest rate in December, the rates that banks offer on savings accounts remain stuck near historic lows.<p>So why haven’t they changed?<p>With the economy on the mend from the recession, the Fed raised its benchmark interest rate for the first time …

Personal Finance

China is trying to make a huge industrial shift that could have disastrous consequences

Tangshan (China) - Hundreds of laid-off steelworkers gathered outside their former employer's office this week to protest losing their jobs, victims of a global glut.<p>But the smokestacks nearby were not British. They are in China — the very place blamed by European politicians for the plunging …

With cheaper gas, the guzzler is making a comeback

The steady improvement in fuel economy in the Canadian vehicle fleet has ground to a halt amid the drop in gasoline prices and the surge in popularity of crossovers and pickup trucks.<p>The average fuel consumption of new vehicles rose to 10.3 litres for every 100 kilometres travelled last year from …