Author: Mark Schumacher

Digital Trends – by Adam Kaslikowski

Tesla completely transformed the automotive landscape when it introduced the Roadster, pioneering the mass-market electric car. It sold the first widely-available EV, and it did it with a product that you could easily live with every day. The company has done more to further the electric game than anyone else and deserves total credit for making EVs a part of the discussion when it comes to the future of the automobile. Tesla has changed the world. It’s also doomed.  Continue reading “Tesla is now doomed. Here’s how its EV dream will soon come crashing down”

Daily Mail

A frail businessman was arrested and charged with the same crime as Jussie Smollett, and admitted his crimes straight away to save Chicago police an investigation, but now has a criminal record.

Robert Racky pleaded guilty to filing false police report last month, after calling the cops in August 2018 saying he been carjacked. In fact, he had been booted by the city for unpaid parking tickets.  Continue reading “How Robert Racky got a criminal record and Jussie Smollett didn’t”

Daily Mail

Martin Scorsese’s daughter has launched a GoFundMe asking for donations to house her many pets while her $1.2million apartment is repaired despite her movie legend father being worth $100million.

Catherine Scorsese lives in a one-bedroom loft duplex in Williamsburg, Brooklyn, which she bought in 2007 for $800,000.  Continue reading “Martin Scorsese’s daughter, 53, launches a GoFundme asking for people to donate $30,000 to help her house her pets because her $1.2million Brooklyn loft is flooded – despite her father being worth $100m”

AP

SPOKANE, Wash. (AP) — Nearly two decades after the Aryan Nations’ Idaho compound was demolished, far-right extremists are maintaining a presence in the Pacific Northwest.

White nationalism has been on the rise across the U.S., but it has particular resonance along the Idaho-Washington border, where the Aryans espoused hate and violence for years.  Continue reading “Hate makes a comeback in the Pacific Northwest”

CBS News

Did you get a 7% raise last year? Didn’t think so. But, hey, if you did, then congratulations: Your raise was in line with what CEOs at the biggest companies got — only for chief executives, that 7% was roughly $800,000 in additional compensation.

Pay for CEOs at S&P 500 companies rose to a median of $12 million last year, including salary, stock and other compensation, according to data analyzed by Equilar for the Associated Press. The eight-figure packages continue to rise as companies tie more of their CEOs’ pay to their stock prices, which are still near record levels, and as profits hit an all-time high last year due to lower tax bills and a still-growing economy.  Continue reading “Typical CEO pay package up 7% last year to a total $12 million”

STAT News – by Adam Feuerstein

he Food and Drug Administration on Friday approved the first gene therapy for a type of spinal muscular atrophy, a lifesaving treatment for infants that will also be the most expensive drug in the world.

Known as Zolgensma, the gene therapy treats children under 2 years of age with spinal muscular atrophy, an inherited neuromuscular disease that causes progressive loss of muscle function. The most severe form of SMA causes infants to die or rely on permanent breathing support by the age of 2. The disease is caused by a defect in a gene that makes SMN, a protein necessary for the survival of motor neurons. Zolgensma uses a re-engineered virus to deliver a functional copy of the defective gene so that SMN protein can be produced.  Continue reading “At $2.1 million, newly approved Novartis gene therapy will be world’s most expensive drug”

CNN

A new floating bullet train capable of hitting speeds of 600 kilometers per hour (about 372 miles/hour) is one step closer to reality in China.

On Thursday, the body prototype for the country’s latest high-speed magnetic-levitation (maglev) train project rolled off the assembly line in the eastern Chinese city of Qingdao. Continue reading “China unveils 600km/h maglev train prototype”

Daily Mail

Phoenix, Arizona, is the fastest growing city in America, with a population spike of 25,288 to reach 1.63 million residents in 2018, according to U.S. Census data released Thursday.

The majority of the nation’s fastest-growing cities were in the West and the South, while the major hubs of New York City and Chicago continued to see their populations shrink.  Continue reading “America’s fastest-growing cities are in the South and the West – with Phoenix seeing the most rapid population increase of more than 25,000 people”

Daily Mail

From wearing designer clothes and relaxing on yachts to driving the latest sports car, Rich Kids of Instagram are an envy-inducing tribe who boast about the best of their posh lifestyles online.

Taking to Instagram, social media users from around the world have shared pictures, under hashtags #NotARichKidOfInstagram and #BudgetLife, of their inventive methods to replicate the luxury lifestyle. Continue reading “The ANTI-Rich kids of Instagram show off the highs and lows of growing up without money”