Spend Matters Friday Latte

Air (guitar) raid!!
Gibson Guitar Wails on Federal Raid Over Wood -- Gibson Guitar Corp., a big user of ebony and other scarce woods, for years has allied itself with Greenpeace and other environmental groups to show it was serious about preserving forests. That didn't stop the Nashville-based company, whose guitars are used by such musicians as B.B. King and Angus Young of AC/DC, from running afoul of U.S. authorities over allegedly illegal imports of wood. Though no charges have been filed, Gibson factories have been raided twice, most recently last week, by federal agents who say ebony exported from India to Gibson was "fraudulently" labeled to conceal a contravention of Indian export law.

Space junk.
Study: Space Debris Has Reached A 'Tipping Point' -- "The current space environment is growing increasingly hazardous to spacecraft and astronauts," Donald Kessler, chair of the committee that wrote the report and retired head of NASA's Orbital Debris Program Office, said in a statement. "NASA needs to determine the best path forward for tackling the multifaceted problems caused by meteoroids and orbital debris that put human and robotic space operations at risk."

Quake shifted nuclear storage containers at Virginia plant -- Last week's central Virginia earthquake jolted huge concrete containers holding spent nuclear fuel at the North Anna power plant in Louisa County, shifting some containers one to four inches, said the plant's operator, Dominion Virginia Power. The containers, called casks, each weigh 115 tons and are filled with bundles of uranium dioxide fuel rods that no longer generate enough heat to produce electricity. The plant houses 53 casks on two concrete pads. Of the 27 casks on one pad, 25 shifted during the magnitude 5.8 earthquake that struck Aug. 23 about 12 miles south of the plant, Dominion spokesman Richard Zuercher said.

Wait. WHAT?
China Jumps the Shark -- Offers $1.2 Billion for Los Angeles Dodgers -- In what would be the biggest ever sale price for a Major League Baseball team, Chinese investors have put in a $1.2 billion bid for Frank McCourt's Los Angeles Dodgers, according to the Los Angeles Times. The bid is headed by Los Angeles Marathon founder Bill Burke and funded in part by unidentified Chinese state-owned investment institutions and others.

Sheena Moore

Share on Procurious

Discuss this:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.