October 30, 2014
The economy in the U.S. expanded more than forecast in the third quarter, capping its strongest six months in more than a decade, as gains in government spending and a shrinking trade deficit made up for a slowdown in household purchases. Gross domestic product grew at a 3.5 percent annualized rate in the three months ended September after a 4.6 percent gain in the second quarter, Commerce Department figures showed today in ...
October 30, 2014
Wow Air, the roughly three-year old discount air carrier, is going where few other ultra low cost airlines have gone: across the Atlantic. And if all goes according to plan, it's going to do it much cheaper than anyone else. The budget airline, which is based in Iceland, announced last week that it will begin flying passengers non-stop from both Boston and Baltimore to Reykjavik, Iceland for as little as $99 each way. The...
October 29, 2014
With oil prices near multi-year lows, there's growing debate surrounding the question of whether expensive hydraulic fracturing can continue to propel the U.S. oil boom in the wake of low oil prices.  The short answer: Yes. The more comprehensive answer: Yes, but some small operators may be gone in a year and some complicated extraction sites may no longer be drilled.  When investors now look at this...
October 28, 2014
Alibaba Group Holdings Ltd (BABA.N) executive chairman Jack Ma said he's open to working with Apple Inc (AAPL.O) on mobile payments, as China's richest person prepares to call on Hollywood this week in search of media partners. Alibaba affiliate Alipay is China's largest payments service, while Apple just this month debuted its own version of a mobile wallet, letting iPhone 6 users make payments at retailers with their...
October 28, 2014
“Many people think that the long number on their credit card is just a random number – just like the mobile number you get when you first buy a phone. But it actually works a bit like an ID – not only does the number reveal the identity of your card provider, it also reveals who you are.” So saysJo Gornitzki, money editor at MoneySavingExpert.com, Far from being just randomly generated numbers, each and every...
October 27, 2014
US corporations are starting to run down their cash balances for the first time since the recession – a sign of returning confidence – but they remain reluctant to invest in new equipment. More companies cut their cash holdings than increased them over the past year, the first time that has happened during the recovery, according to a new survey of corporate treasurers by the Association for Financial Professionals. The...
October 26, 2014
Deflation in the euro zone is all too close and extremely dangerous The world economy is not in good shape. The news from America and Britain has been reasonably positive, but Japan’s economy is struggling and China’s growth is now slower than at any time since 2009. Unpredictable dangers abound, particularly from the Ebola epidemic, which has killed thousands in West Africa and jangled nerves far beyond. But the biggest economic threat, by far...
October 24, 2014
  Today, The Roddenberry Foundation announced a $100,000 contribution to the Global Learning XPRIZE crowdfunding campaign to support the development of technology that will bring literacy to hundreds of millions of children.   The XPRIZE Foundation recently launched the $15M Global Learning XPRIZE, challenging teams from around the world to develop open source software to enable children in developing countries to teach...
October 24, 2014
More than 30 million cars and trucks nationwide are equipped with dangerously defective air bags, congressional officials say, a number that raises questions about whether the U.S. auto industry can handle what could become the largest recall in history. Federal safety authorities have recalled only 7.8 million vehicles over the defect in a few states, a limited action that lawmakers said Thursday was vastly insufficient...
October 24, 2014
Individual investors have returned to the stock market in a very big way. But they are putting their money into plain vanilla, no frills, passive corners of the investing world. In today’s column, my very first for Fortune, I’d like to officially welcome you back to the stock market. According to the Federal Reserve’s latest Z.1 release, it’s official—you’re in again. In fact, you’re just about...


Off the Wires

October 30, 2014
The economy in the U.S. expanded more than forecast in the third quarter, capping its strongest six months in more than a decade, as gains in ...
October 28, 2014
Alibaba Group Holdings Ltd (BABA.N) executive chairman Jack Ma said he's open to working with Apple Inc (AAPL.O) on mobile payments, as China...
October 27, 2014
US corporations are starting to run down their cash balances for the first time since the recession – a sign of returning confidence –...
October 24, 2014
More than 30 million cars and trucks nationwide are equipped with dangerously defective air bags, congressional officials say, a number that...
October 22, 2014
With record harvests depressing prices, U.S. farmers are holding tight to their corn and soybeans and binging on chemicals that protect stored...

Value Blog

October 30, 2014
Wow Air, the roughly three-year old discount air carrier, is going where few other ultra low cost airlines have gone: across the Atlantic. And...
October 29, 2014
With oil prices near multi-year lows, there's growing debate surrounding the question of whether expensive hydraulic fracturing can...
October 28, 2014
“Many people think that the long number on their credit card is just a random number – just like the mobile number you get when you...
October 26, 2014
Deflation in the euro zone is all too close and extremely dangerous The world economy is not in good shape. The news from America and Britain has...
October 24, 2014
  Today, The Roddenberry Foundation announced a $100,000 contribution to the Global Learning XPRIZE crowdfunding campaign to support the...

Altruism Today

October 30, 2014
Influence is potentially the most valuable—yet least utilized—currency a social sector organization holds. While the potential of...
October 28, 2014
CNN reports on a study released by the U.S. Travel Association that shows Americans are taking fewer vacation days now than at any time in the past...
October 24, 2014
25% of chemicals used in fracking increase our risk of cancer. So what's a breast cancer organization doing partnering with the oil & gas...
October 24, 2014
The sky is falling! The sky is falling! That’s the sense of hysteria I get with all this talk of year-end fundraising. I don’t mean...
October 22, 2014
Which World Series baseball team fans have bigger hearts? Baseball fans step up to the plate and participate in a challenge for kids health....

About Value News Network

Value is the only commonality in an increasingly complex, challenging and interdependent world.
Laurance Allen: Editor + Publisher