To think creatively, we must be able to look afresh at what we normally take for granted.

— George Kneller
  • NASCAR team red-flagged by ransomware attack June 24, 2016
    Sprinters pay up to unlock data NASCAR, America's favorite no-right-turn racing format, has joined the growing ranks of people hit by, and paying out to fix, ransomware.…
    Iain Thomson
  • Special delivery: Activists drop 100,000 net neutrality complaints on FCC June 24, 2016
    Wheeler gets flooded with gripes about zero-rating Activists have delivered a massive package to the US Federal Communications Commission (FCC) that they say contains roughly 100,000 citizen complaints.…
    Shaun Nichols
  • Time to re-file your patents and trademarks, Britain June 24, 2016
    Brexit buggeration, part 42 Brexit  Businesses will likely need to re-file their patents and trademarks in the UK following the Brexit vote, leading intellectual property lawyers have warned.…
    Kieren McCarthy
  • NVMe fabric array flasher gets top Tosh flash June 24, 2016
    Apeiron certifies unannounced Toshiba NVMe SSDs Toshiba has quietly made 1.6TB and 3.2TB dual-port ZD6000 NVMe SSDs available to OEMs, and we know this because Apeiron says it has certified them.…
    Chris Mellor
  • Disco, Pogs, and the Microsoft Surface 3 June 24, 2016
    Name three things that are dead Microsoft is wrapping up production of its Surface 3 tablet, with no successor in sight.…
    Shaun Nichols
  • Violin goes for reverse stock split June 24, 2016
    Stockholder approval looks to be a formality but market capitalization issue remains As expected, Violin Memory has decided on a reverse stock split to avoid NYSE delisting, as its stock price is too low.…
    Chris Mellor
  • Sliced your submarine cable? Fill in this paperwork June 24, 2016
    FCC approves rules that make itself more important The US Federal Communications Commission (FCC) has approved new rules that will require companies to report outages in submarine cables.…
    Kieren McCarthy
  • Thinking of using multiple clouds? Don't do it, stick with us says AWS CEO June 24, 2016
    'Every tier-one country will have an AWS region' – but analyst says other providers are catching up Amazon Web Services (AWS) CEO Andy Jassy spoke against the idea of using multiple cloud providers at its Public Sector Summit earlier this week – well he would, wouldn't he.…
    Tim Anderson
  • SPC says up yours to DataCore June 24, 2016
    One of three SPC-1 benchmark results withdrawn The 1,510,090.52 IOPS DataCore Parallel Server single node result in March this year was the fourth highest SPC-1 reading, and has now been withdrawn.…
    Chris Mellor
  • Thunder struck: Apple kills off display line June 24, 2016
    Curse of the Cupertino peripheral strikes again Apple has ended production of its line of Thunderbolt monitors.…
    Shaun Nichols
  • Brexit government pledge sought to keep EU-backed UK science alive June 24, 2016
    'Poor man of Europe' warning from Digital Science chief BREXIT  Scientists and politicans have called on the Brexit government to keep funding EU-backed projects at current rates or risk becoming a backwater.…
    Katyanna Quach
  • EU GDPR compliance still a thing for UK firms even after Brexit June 24, 2016
    Leaving doesn't get you out of commitments BREXIT  Many UK businesses will still face the burden of complying with recently introduced EU data protection rules even after Thursday's historic Brexit vote.…
    John Leyden
  • 'Leave EU means...' WHAT?! Britons ask Google after results declared June 24, 2016
    Post-poll wake up BREXIT  Woke up with a nagging feeling you may have done something last night you shouldn’t? You aren’t alone, it seems.…
    Gavin Clarke
  • Dev boss: What will Microsoft do with Windows 10 Mobile? Surprise – it's for work! June 24, 2016
    'Surface phone' will have challenging app gap One of the puzzles about Microsoft’s platform in 2016 is Windows 10 Mobile. In the run-up to the launch of Windows 10 in July 2015, the plan seemed to be that a unified operating system across PC and mobile, combined with applications developed for the Universal Windows Platform (UWP), would boost Windo […]
    Tim Anderson
  • Don't laugh: Ofcom's a model for post-Brexit Europe June 24, 2016
    Telco regulation done right? We can show how BREXIT  With a stunned Europe absorbing the departure of the second biggest member of the EU, our much-criticised Ofcom could provide a guiding light for new ways of co-operating.…
    Andrew Orlowski
  • Brit startup adds intelligent search to Amazon storage June 24, 2016
    Real-time access to public cloud storage A UK cloud storage provider can backup documents, audio and video files to give you real-time access to your files using content-based search as well as video and image streaming.…
    Chris Mellor

  • Schedule for Week of June 26, 2016 June 25, 2016
    The key economic reports this week are the third estimate of Q1 GDP,  May personal income and outlays, June vehicle sales, the June ISM manufacturing, and Case-Shiller House prices.----- Monday, June 27th -----10:30 AM ET: Dallas Fed Survey of Manufacturing Activity for June.----- Tuesday, June 28th -----8:30 AM ET: Gross Domestic Product, 1st quarter 2016 ( […]
    Bill McBride
  • June 2016: Unofficial Problem Bank list declines to 203 Institutions, Q2 2016 Transition Matrix June 25, 2016
    This is an unofficial list of Problem Banks compiled only from public sources.Here is the unofficial problem bank list for June 2016. Changes and comments from surferdude808: Update on the Unofficial Problem Bank List for June 2016. During the month, the list fell from 206 institutions to 203 after four removals and one addition. Assets dropped by only $177 […]
    Bill McBride
  • Mortgage Rates Near Record Lows June 24, 2016
    From Matthew Graham at Mortgage News Daily: Single Best Day For Mortgage Rates in More Than a YearFrom yesterday's most prevalent conventional 30yr fixed quote of 3.625%, we're now easily down to 3.5% for most lenders. A few of the most aggressive lenders are already down to 3.375% on top tier scenarios. Back in 2012, 3.375% was the lowest rate tha […]
    Bill McBride
  • Philly Fed: State Coincident Indexes increased in 38 states in May June 24, 2016
    From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for May 2016. In the past month, the indexes increased in 38 states, decreased in eight, and remained stable in four, for a one-month diffusion index of 60. Over the past three months, the indexes increased in 42 states, decreased in seven, and […]
    Bill McBride
  • Vehicle Sales Forecasts: Sales to be Over 17 Million SAAR again in June June 24, 2016
    The automakers will report June vehicle sales on Friday, July 1st.Note:  There were 26 selling days in June, up from 25 in June 2015.From WardsAuto: Forecast: June Sales to Reach 11-Year High A WardsAuto forecast calls for U.S. automakers to deliver 1.57 million light vehicles this month.The expected daily sales rate of 60,314 over 26 selling days represents […]
    Bill McBride
  • Consumer Sentiment at 93.5 in June June 24, 2016
    The final University of Michigan consumer sentiment index for June was at 93.5, down from the preliminary reading of 94.3, and down from 94.7 in May: "Consumers were a bit less optimistic in late June due to rising concerns about prospects for the national economy. While no recession is anticipated, consumers increasingly expect a slower pace of economi […]
    Bill McBride
  • Federal Reserve on Brexit June 24, 2016
    From the Federal Reserve: The Federal Reserve is carefully monitoring developments in global financial markets, in cooperation with other central banks, following the results of the U.K. referendum on membership in the European Union. The Federal Reserve is prepared to provide dollar liquidity through its existing swap lines with central banks, as necessary, […]
    Bill McBride
  • Friday: Brexit Result, Durable Goods, Consumer Sentiment June 24, 2016
    To track the Brexit vote, here is a great spreadsheet updated frequently from @britainelectsFriday:• At 8:30 AM ET, Durable Goods Orders for May from the Census Bureau. The consensus is for a 0.7% decrease in durable goods orders.• At 10:00 AM, University of Michigan's Consumer sentiment index (final for June). The consensus is for a reading of 94.1, do […]
    Bill McBride
  • Hotels: Occupancy Rate Tracking just behind Record Year June 23, 2016
    On occupancy from STR: US hotel results for week ending 18 JuneThe U.S. hotel industry reported mostly positive results in the three key performance metrics during the week of 12-18 June 2016, according to data from STR.In year-over-year comparisons, the industry’s occupancy was nearly flat (-0.1% to 74.6%). However, average daily rate incr […]
    Bill McBride
  • Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in May June 23, 2016
    Economist Tom Lawler sent me the table below of short sales, foreclosures and all cash sales for selected cities in May.On distressed: Total "distressed" share is down year-over-year in all of these markets. Short sales and foreclosures are down in all of these areas.The All Cash Share (last two columns) is mostly declining year-over-year. As inves […]
    Bill McBride

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  • Global Business: Chattanooga - the High Speed City June 2, 2016
    Chattanooga has been re-inventing itself for decades. In the late 1960s Walter Cronkite referred to the city as "the dirtiest in America." Since then heavy industry has declined and, to take its place, civic leaders have been on a mission to bring high-tech innovation and enterprise to Chattanooga. In 2010 the city became the first in America to en […]
    BBC Radio
  • Global Business: Growing Malawi May 26, 2016
    Malawi, in Sub-Saharan Africa, is one of the world’s poorest countries with its GDP nearly at the bottom of the global league table. Successive governments have been riddled with corruption scandals, state-run services are in disarray and Malawi’s population is booming. It hit 17.6m this year, which the Finance Minister described as "scary" and is […]
    BBC Radio
  • In Business: Steel in the UK May 19, 2016
    Amid concern about the future of the Port Talbot steel works - and fear for the jobs of workers there - Peter Day looks at the history of the industry in Britain. When was the heyday of British steel, and what went wrong? Peter visits Port Talbot and also delves into the archives to hear stories from a time when manufacturing dominated the British economy. P […]
    BBC Radio
  • In Business: Turnarounds May 12, 2016
    Imagine you run a company and it's failing. What do you do? Matthew Gwyther speaks to leaders who've turned around businesses in difficulties and finds out how they did it, what inspired them and what lessons they can pass on. Produced by Nina Robinson.
    BBC Radio
  • In Business: Recruiting by Algorithm May 8, 2016
    Can a computer programme choose the right applicant for a job? Online assessments, scanning programmes, computer algorithms and the number crunching of social network data are all now part of the tool kit of the recruitment industry. As Peter Day discovers, to get through to an actual interview, you often have to impress a computer algorithm first. Tradition […]
    BBC Radio
  • In Business: Colorado's Big Marijuana Experiment April 28, 2016
    Marijuana is now legal in some US states and a fast-growing industry has emerged, especially in Colorado which was the first state to embrace the drug. But according to federal law marijuana is still illegal. This means that many companies can't get banking services, advertise their wares or pay tax in the way that other companies do. So how do they sur […]
    BBC Radio
  • Global Business: Selling Shakespeare April 23, 2016
    As part of the festivities for the 400th anniversary of William Shakespeare’s death, Global Business asks how the Bard has had an impact on the corporate world. As well as being a profitable part of the British economy, particularly for the tourist sector in Stratford-upon-Avon, Shakespeare’s plays have been exported to almost every country there is. In Neus […]
    BBC Radio
  • In Business: European Unicorns April 14, 2016
    A Unicorn is a mythical animal. But it's also the name now given to private start-up companies, mainly in the tech or internet sector which are valued at a billion dollars or more. They're extremely fast-growing and are often keener to increase customers rather than make profits at this stage. They rely on private investors to fund their growth and […]
    BBC Radio