Chriss W. Street - Page 19

Sally Jewell, the U.S. interior secretary, just cancelled leases to drill for natural gas on federal land in Colorado, in a last-ditch effort to stop an energy boom bigger than Bakken Shale discovery in North Dakota.

With a 9 percent crash of “FANG” tech stocks in the post-election stock boom, Wall Street is fretting that President Donald Trump could be a modern day “trust-buster.”

The 412 million user password and history hack of Friend Finder Network, known as the world’s largest online sex and swinger community, will be a boon for extortionists, since it involves potential blackmail of 11 times the number of users in the notorious Ashley Madison hack.

The latest report from Stanford University’s “U.S. Pension Tracker” reveals that the market basis total U.S. state and local public employee pension debt is now $5.599 trillion, or $47,388 per household.

President Donald Trump will have the power to turn off California’s illegal alien magnet by enforcing existing federal law.

Andrew Torba, founder and CEO of Twitter-killer Gab, has been purged from Silicon Valley’s exclusive “Y Combinator” alumni blog for voicing support to “Build the Wall.”

After a year of Facebook scandals for bias in its trending “News Feed” against conservatives, CEO Mark Zuckerberg is now being attacked by the Left for allowing negative stories to appear that supposedly cost Democrat Hillary Clinton the presidency.

California officials now plan to outsource the production of high-tech trains for their hugely expensive fast-rail network, and have quietly dumped their commitment to buy American-made trains.

Donald Trump won a Republican White House, Senate and House because he led a rebellion against the Democrats’ embrace of Silicon Valley’s business model, which profits from global trade, offshore labor and foreign skilled workers.

The biggest impact on Silicon Valley tech companies from Donald Trump’s election as the 45th President will be the killing off of what Breitbart News called the “Best Net Neutrality Silicon Valley Money Can Buy.”

It should not be surprising that anticipation of Donald Trump’s presidential victory caused a 900-point plunge, over several days, in the Dow Jones stock average. Wall Street sent stocks down by over 20 percent after Ronald Reagan won the presidency.

Governor Jerry Brown has the power to appoint a new California Attorney General if Kamala Harris wins the U.S. Senate race on Tuesday.

With the new letter by Director James Comey released Sunday stating the FBI has reviewed Anthony Weiner’s laptop and concluded it will still not recommend prosecuting Hillary Clinton for her private email server, the value of the Mexican peso jumped for joy.

Uber picked up its 71st federal lawsuit this week when a venerable San Francisco taxi company filed an anti-trust suit for monopoly, illegal business practices, and predatory pricing.

The Department of Justice Wednesday sued DirecTV and its owner, AT&T, alleging antitrust collusion with competitors during contract negotiations to broadcast the Los Angeles Dodgers.

Despite Facebook reporting 56 percent revenue growth and 200 million more monthly users, the company’s stock plunged by 8 percent as Facebook’s future profitability looks grim.

With marijuana ballot initiatives leading the polls in nine states, the biggest winners in the November 8 election could be Silicon Valley venture capitalists funding “ganjapreneurs.” U.S. legal marijuana sales hit $5.4 billion in 2015.  Legalizing medical marijuana is on the

The stock market suffered its seventh consecutive daily loss on November 2, just one day less than the eight-day consecutive loss that launched the Financial Crisis in October 2008.

Despite Elon Musk’s showmanship during the unveiling of the “Solar Roof” as justification for Tesla shareholders to accept a huge dilution by merging with debt-ridden SolarCity, the hyped product already looks dead-on-arrival.

Silicon Valley leaders are befuddled as both political parties — and venture capital giant Peter Thiel — are rejecting their agenda, which includes the Trans-Pacific Partnership, expanded H1-B immigration visas, new autonomous vehicles regulations, and “gig economy” worker reclassification.

More than 171 million Americans plan to celebrate Halloween this year, and will have spent about $8.4 billion for costumes, parties, and candy in October, according to the National Retail Federation Survey.

Despite growing Silicon Valley tech layoffs, and disappointing third quarter performance from Apple and Twitter, Google’s parent, Alphabet, reported an annual 20 percent revenue surge, 25 percent earnings spike, and 10,000 additional employees.

House Minority Leader Nancy Pelosi told the San Francisco Chronicle editorial board that Hillary Clinton must be elected by a landslide to stop congressional investigations and a potential impeachment effort. The Chronicle’s “Voter Guide” already endorses Clinton and most progressive candidates in California,

Tesla Motors Inc. reported this week that revenue nearly doubled in the latest quarter. The all-electric car company reported its first quarterly profit in over three years, thanks to cashing in $139 million of California tax credits.

Bloomberg reported Wednesday that the social media juggernaut Snapchat has filed to go public at the jaw-dropping valuation of up to $40 billion.

With weak iPhone sales causing Apple to suffer its first full-year revenue and profit declines since 2001, several analysts are downgrading Apple and upgrading the potential for Google’s new Pixel smartphone line.

A bipartisan wrecking ball encompassing both of California’s U.S. Senators and the state’s entire Congressional delegation is crying foul over the Pentagon’s effort to rescind tens of millions of dollars in National Guard enlistment bonuses.

The Wall Street Journal reported that as Internet chatter built claiming batteries supplied by a Samsung affiliate for the Galaxy Note 7 smartphone were spontaneously catching fire, the company canceled the product before the U.S. Consumer Product Safety Commission could ban the device due to safety concerns.

With average Silicon Valley rent for a one-bedroom apartment of $2,790, a 24-year-old software engineer has built up a $100,000 portfolio in 16 months from savings off of living in his converted Ford box truck. Breitbart News first started following

About 10,000 California Army National Guard members have been ordered to return enlistment bonuses of $15,000 or more they accepted from military recruiters that committed fraud at the height of the Iraq and Afghanistan wars.

With Peter Thiel already infuriating Silicon Valley’s crony capitalist liberals by donating $1.25 million to Republican Donald Trump’s campaign, he is preparing to double-down by giving a Halloween keynote speech likening Trump to a Silicon Valley entrepreneur.

Another newly shipped Apple iPhone 7 caught fire and destroyed a car in what looks similar to the same type of battery fires that forced a worldwide recall of all Samsung Galaxy Note 7 units.

For decades, California courts have prevented any cuts to luxurious public employee pensions, but the California Supreme Court is now reviewing arguments in a case that could allow slashing benefits.

Although Disney seemed like the perfect suitor for Twitter, the company passed on the strategic acquisition over concerns that social media’s bullying, raunchy language and hate speech risked undermining the Magic Kingdom’s wholesome family image.

The Wall Street executive who is the leading candidate to be Treasury Secretary if Hillary Clinton is elected, is now quietly touting a plan to grab control over the $25 trillion in Americans’ private retirement accounts.

The Silicon Valley Thought Police are demanding retaliation against top venture capitalist Peter Thiel for making a $1.25 million contribution to Republican Donald Trump.