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Tuesday, January 14, 2014

You're So Put Together

Thanks to all of these helpful organization tips, you'll remove the clutter from your life.

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50 Clever DIY Ways To Organize Your Entire Life

Always losing your keys and finding stray shoes strewn around your house? These tips can clear that clutter out of your life.

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Speed 2

Imagine an internet where the biggest companies can pay for high-speed websites, while the rest of the web loads at dial-up speed. You end up using YouTube instead of Vimeo, not because it’s become a better platform, but because Google shells out money for faster upload times.

This morning, the Federal Communications Commission’s rules on net neutrality were struck down in the highly anticipated Verizon v FCC case. The ruling opens the door for private companies to start charging web properties for faster internet speeds: some websites will load fast, others much more slowly. “At stake here is an Internet provider's ability to charge Web companies such as Netflix for better service, which public interest advocates say may harm consumers,” writes Brian Fung.

Because most consumers only have one or two options in their area when it comes to ISPs, internet companies could potentially discriminate against certain websites. This is especially important because many internet service providers are also content providers. As a result, as William O’Connor notes, Comcast could make NBC, which it owns, stream much faster than any other networks’ video. The greater long-term worry of net neutrality advocates, says Joshua Brustein, is that ISPs will essentially cut out small companies who can’t pay up to get their sites to load quickly.

The ruling strikes down parts of the FCC’s 2010 Open Internet Order, which Sam Gustin summed up nicely when the case was originally argued in the fall. Internet providers like Verizon argue that the FCC doesn’t have the authority to demand net neutrality, thanks to a controversial FCC decision in 2002 to consider internet providers an information service, rather than a telecommunications service. That distinction gives the FCC a lot less regulatory oversight.

Jeff Roberts writes that all is not lost for the FCC. The ruling was decided on technical grounds, meaning the court found that net neutrality is not in itself dead, only the specific way that the FCC went about trying to implement it. In fact, Stuart Benjamin, a former FCC lawyer, thinks this was actually a loss for Verizon, because the court interpreted the FCC’s general regulatory authority over ISPs so broadly: “Insofar as the FCC really wants to promulgate its existing net neutrality rules, it could classify broadband Internet providers as common carriers … and implement the net neutrality regulations that way“.

Geoffrey Manne and Berin Szoka agree that this was a closeted win for the FCC, but they write that net neutrality shouldn’t be in the hands of three unelected commissioners, anyway. “If there’s a silver lining in any of this, it may be that the true implications of today’s decision are so radical that Congress finally writes a new Communications Act”, they say.

Stacey Higginbotham is skeptical that Congress will do anything; nor does she think the FCC is serious about taking a hard line on net neutrality. She thinks it’s more likely that we’ll end up with rules that look similar to the current wireless net neutrality rules, where ISPs can’t block legal sites, but they are “free manage their networks as they see fit”.

If you want to see what that looks like, just look to the new AT&T plan, revealed at CES last week, to have companies sponsor your wireless network usage. We might be, as John Herrman writes, heading toward “an internet that we don’t directly pay for, but that we also don’t control”. -- Shane Ferro

On to today’s links:

UGH
The expense of being poor - Barbara Ehrenreich

Felix
Google and Suntory are literally trying to buy the future - Felix

Remuneration
When an activist hedge fund thinks a company’s salaries are too high, who’s right? - Justin Fox

Wonks
The case for an antibiotic tax - Brad Plumer

Servicey
How to lie with bad data - Charles Whelan

Your Daily Outrage
How agriculture subsidies cause flooding - George Monbiot

Primary Sources
JP Morgan's 4th quarter earnings release: net income falls 7% to $5.3 billion - JPM

Right On
An experiment with guaranteeing the poor a basic income -- from 1795 - Frances Coppola

Shocking
San Francisco is the epicenter of the new artisanal toast craze - John Gravois

Solid Advice
"If you wonder if a hug is appropriate, it probably isn't" - NPR

Plutocrat Blues
Real estate coup: London property prices are directly correlated with overseas political turmoil - FT

Follow Counterparties on Twitter. And, of course, there are many more links at Counterparties.

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Business Today: Retail sales, inventory data suggest strong fourth-quarter growth

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01/14/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Retail sales, inventory data suggest strong fourth-quarter growth
WASHINGTON (Reuters) - U.S. retail sales edged up in December with a core spending gauge posting a big jump, a sign the economy gathered steam at the end of last year and was poised for stronger growth in 2014.
Wall Street rebounds as sales point to healthy economy
NEW YORK (Reuters) - U.S. stocks rose on Tuesday, erasing much of the previous session's steep drop, after as a strong December retail sales reading eased concerns about a slowdown in the economy.
Intel shelves cutting-edge Arizona chip factory
SAN FRANCISCO (Reuters) - Intel Corp , hit by slumping personal computer sales, has put off opening a major chip factory that President Barack Obama once held up as an example of U.S. manufacturing potential.
Exclusive: Nasdaq pushes to speed up talks over market fixes
NEW YORK (Reuters) - Nasdaq OMX Group is prepared to walk away from running the data processor that was at the center of a three-hour trading halt in August, in a sign of its frustration with the pace of talks over implementing fixes for the system, according to documents seen by Reuters.
Ford CEO eyes long view, but still engaged in day to day
DETROIT (Reuters) - Alan Mulally, credited with reviving Ford Motor Co's fortunes, emphasized on Tuesday that he remains deeply engaged in day-to-day operations as well as setting the second-largest U.S. automaker's long-term strategy.
Charter touts benefits of offer for Time Warner Cable
(Reuters) - Charter Communications expects annual synergies of $500 million and other benefits such as tax savings from its proposed acquisition of Time Warner Cable, the company said in an investor presentation posted on its website Tuesday.
Fed considers new limits on banks in physical commodity trade
NEW YORK/WASHINGTON (Reuters) - The U.S. Federal Reserve on Tuesday took a first formal step toward restricting the role of Wall Street banks in physical commodities markets, seeking feedback on ways to limit the "catastrophic" risks of dealing with oil tanks or power plants.
JPMorgan profit hit by Madoff, weaker investment banking
(Reuters) - JPMorgan Chase & Co posted a 7.3 percent decline in quarterly profit on Tuesday, as legal woes and weak demand for investment banking services capped off a tough year for Chief Executive Jamie Dimon.
Tesla demand surges, stock rises 12 percent
DETROIT (Reuters) - Electric car maker Tesla Motors Inc said on Tuesday deliveries of its Model S sedan in the fourth quarter blew past what the company had forecast, sending shares up 12 percent.
Monte Paschi board says CEO to stay on
MILAN (Reuters) - The board of Monte dei Paschi di Siena has unanimously confirmed its faith in CEO Fabrizio Viola despite him being forced to delay a crucial capital increase, the bank said on Tuesday.
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Economic News
Retail sales, inventory data suggest strong fourth-quarter growth
Fed considers new limits on banks in physical commodity trade
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