Author: Justin Lane

Tesla is on its way to producing the most American vehicle. The American automaker is projected to beat out the Ford F-150 for metrics that include the source of parts, assembly and the point of sale. Currently Ford holds the title of Most-American Car with its F-150. The car currently scores a 75%. Morgan Stanley projects that with the arrival of Tesla’s gigafactory and the production of its own batteries, the manufacturer will soon produce vehicles that score 90% on the American-Made index. The gigafactory is an ambitious project from Tesla and its CEO, Elon Musk. According to the...

The National Oceanic and Atmospheric Administration Association’s Mauna Loa Observatory released findings that revealed the earth’s carbon dioxide level is now the highest it’s been in 800,000 years. The highest point in that period of time was about 310 parts per million (ppm) about 325,000 years ago. Before last week, when the the discovery happened, the highest level was only last May, when the CO2 level hit 400 parts per million (ppm), formerly the highest in recorded history. Within the last week, the CO2 level broke the record and reached 402 ppm. Experts noted that CO2 levels indeed spike...

Republican Representative Mike Pompeo (Kansas) has introduced the “Safe and Accurate Food Labeling Act”. The bill would prevent a number of states from requiring genetically modified foods (GMOs) be labeled as such. If the bill should pass, only ingredients that are suspected of presenting a potential health or safety risk would be required to be reported on labeling. Pompeo believes that the labeling is largely unnecessary, according to RawStory, as the GMO foods are equally as safe as natural foods. The companies that produce the foods also claim that they are safe. “It has to date made food safer...

FINRA is trying to find ways for investors to expeditiously have their claims heard as a result of the UBS Puerto Rican closed-end bond fund debacle. Because of the limited number of Puerto Rican arbitrators, FINRA is exploring the possibility of allowing UBS investors to have their claims heard on the mainland..  UBS, however, is objecting and insisting claims be heard in Puerto Rico. Of course, this will cause significant delay due to the limited numbers of arbitrators.  “Investors have a right to have their claims processed expeditiously,” commented Peter Mougey, a partner with the Levin, Papantonio law firm...

Comcast, the telecommunications and data behemoth, has been named as America’s worst company of 2014, according to results from the Consumerist’s annual poll. Comcast has been on our radar for some time due to its back-channel dealings and attempts to consolidate internet access in the United States. Comcast pushes out Electronic Arts (EA) for the worst company designation. EA was the reigning worst for both 2012 and 2013. This was largely fueled by disdain over the company’s treatment of digital rights management for users. Related: The Internet as You Know It May Be About to Change. Here’s Why. Comcast...