NBCUniversal is laying off 500 employees, or approximately 1.5% of its total workforce in a round of year-end belt tightening.
The Los Angles Times reports that, "the cuts are distributed throughout the media company, which boasts nearly 30,000 employees, according to a person close to the situation who asked not to be identified discussing the sensitive topic."
Is the PBS children's TV show Sesame Street a scheme for child molesters to lure in more victims? Parents groups are beginning to raise concerns after the voice of Elmo disclosed he had a homosexual relationship with a man who claims they had their first fling when the victim was a minor.
BEIJING: Western economies are struggling to overcome a sovereign debt crisis in Europe, a fiscal cliff in the United States, along with rising trade protectionist sentiments. Dismay appears to have replaced hope with no clear-cut solutions apparent in the foreseeable future.
Despite gloomy economic conditions, many nations in the Asia-Pacific region maintain stable growth rates. Accordingly, the China Investment Corporation, or CIC, has announced plans for more investments with neighboring countries.
For the past few days, jihadists from all over the Middle East have launched a barrage of bombings at Israel in anxious anticipation that the United Nations may soon seize control of diplomacy in the Arab region, leaving the Israeli government without support from the West.
US Health officials are warning that the American public that mosquitoes are mutating into deadly killing machines, as well as causing debilitating brain damage in non-terminal cases. Apparently, the West Nile Virus may be getting much worse.
A new trend is developing in the US economy. It’s called ‘Obamasized,’ which refers to Americans who voted for President Barack Obama’s re-election bid and then lost their jobs or forced to take pay cuts after November 6.
Obama voters who have already been confronted by ‘Obamasizing’ will soon discover that the US President of “Hope” and “Change” won’t help them find higher-income jobs. Congratulations, you got what you voted for.
BEIJING: Manufacturing solar panels are costly endeavors even in countries that enjoy low labor costs such as in China. Consequently, solar companies from all over the world appear to need help with either subsidies or special government loans.
Meanwhile, eco-friendly companies tout a cleaner environment as good incentive to produce alternative energy resources that include windmills, hydroelectric dams and solar panels. Yet, environmentalists have already noticed a few flaws to the strategy.
BEIJING: Last evening, Dallas Blog's Tom McGregor debated University of Texas Professor Peter Trubowitz on the Dialogue Show, which was broadcast live in the studio of CCTV's English News channel in Beijing, China at 7:30 pm local time.Tom McGregor and Professor Trubowitz discussed President Barack Obama’s re-election and the continuing crisis in the Middle East.
To watch video footage of the ‘Texas Shootout’ on CCTV’s Dialogue Show, link here:
BEIJING:Now that President Barack Obama has secured his re-election bid to the White House, perhaps US oil & gas companies should think about investing elsewhere. Pretty soon, Obama will implement more stringent EPA regulations and good luck getting the Keystone XL Pipeline built.
Did you know that China holds the world’s largest shale gas reserves and the government is encouraging more foreign investments?
To learn more about shale gas in China, link here: