Troy “flashg08” Gordon

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Here’s how Apple calculated the extra $2.19 billion it wants from Samsung in court

To determine how much individual software features were worth as part of its multi-billion dollar lawsuit, an Apple-paid expert surveyed less than 1,000 consumers about imaginary smartphones and tablets, and included features that weren't even on trial. Another expert then estimated billions in …

Yes, American teachers are underpaid, at least among wealthy countries

American teacher pay is always politicized, not the least of which is because teachers’ unions are part of the bedrock of the Democratic party’s political base.<p>But America’s chalk-dusted corps of educators doesn’t look especially over-paid by international standards. In fact, according to this …

Democratic Party

The five most worrisome charts in the global economy

First things first. There are plenty of reasons to think that the global economy could continue to power forward.<p>The US economy seems to be emerging from its winter’s nap. China’s economic managers look ready to embark on a mini-stimulus push. German industrial production continues to push forward. …

Economics

U.S. Corporations Now Hold Over $2 Trillion In Untaxed Profits Overseas: Study

* U.S. Senate Finance Committee Chairman Wyden calls for reform<p>* Total of profits stashed abroad up 93 percent 2008-2013<p>* GE tops list, followed by Microsoft, Pfizer, Merck, Apple (Adds comments from Merck, Microsoft and Apple)<p>By Kevin Drawbaugh and Patrick Temple-West<p>WASHINGTON, April 8 (Reuters) …

Brazil's Latest Airport Project Not Fully Ready For FIFA World Cup

The Brazilian media have been almost gleefully picking on its country’s lack of preparedness for the FIFA World Cup matches that begin in June, with the latest news being that an airport won’t be fully functional as planned.<p>It’s not as bad as it sounds. The Viracopas International Airport in the …

China’s steelmakers have branched out into shadow banking—which is funny since they owe $484 billion

In its boom years, China’s status as the world’s biggest steel maker was an emblem of its industrial might. Now, it symbolizes the dangers of dried-up demand. The sector posted 3 billion yuan ($484 million) in losses in the first two months of 2014 alone, according to Caixin, leaving cash-poor …

China

US banks must hold $68bn extra cash, say regulators

US Federal Reserve, the Federal Deposit Insurance Corporation and Comptroller of Currency say they want to go even further<p>America’s biggest banks will have to hold an extra $68bn of cash on their balance sheets under stringent new rules designed to prevent a repeat of the 2008 financial crisis.<p>US …

Goldman Sachs

Comcast says Time Warner deal won't hurt competition

Comcast Corp., the nation's largest cable company, told regulators it can offer advanced video services and spread high-speed Internet service without harming competition if it's allowed to buy No. 2 Time Warner Cable Inc.<p>Comcast also pledged to treat all Internet content equally for new customers …