Apple is creating a $300 million fund to build solar power in China (AAPL, DB)

renewable_energy_apple_hongyuancn_sunpower_040918Apple

Apple wants its parts suppliers to use renewable energy, like it does at its stores and headquarters.
So it’s investing in a $300 million fund along with its suppliers that will invest in new solar and wind projects in China. 
The fund will be managed by DWS Group, Deutche Bank’s asset management arm.

Apple is reaching into its cash pile to help spread solar energy and wind farms across China. 

The iPhone maker has teamed up with 10 of its components suppliers to create a new $300 million fund that will invest in renewable sources of energy in China over the next four years.See the rest of the story at Business Insider

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See all the products that will cost you more because of Trump’s trade war

Toyota Corolla Assembly LineAP Photo/Rogelio V. Solis

Trump’s import taxes are meant to help US manufacturers by making foreign products more expensive, but this will hurt likely American consumers. 
A new wave of tariffs targeting hundreds of Chinese industrial goods is set to take effect on July 6th.
According to Labor Department estimates, the average cost of washing machines shot up by 17% in the past three months.
Many other goods, such as the computer chips that power PCs and smartphones, are important components of the finished products consumers love — new tariffs could eventually drive up prices on these too.

President Trump has promised to get tough on America’s trading partners. But with the administration now slapping hefty duties on imported goods such as steel and washing machines, and threatening them on many others, it’s American consumers who could be hurt.

While Trump has long complained that trade agreements with nations like China and Mexico need to be renegotiated, his biggest move so far has been placing tariffs — import taxes, payable to the US government — on goods these countries import into the US.

The taxes are meant to help US manufacturers by making foreign goods comparatively more expensive and, therefore, less attractive to consumers. Most economists disagree with Trump’s approach, however, arguing that the tariffs could easily destroy more US jobs — mainly at companies forced to pay higher raw materials costs — than they create. “Companies that can will pass the increased costs onto consumers,” says Erica York, an analyst at the Tax Foundation, a Washington think tank. “If they can’t pass them on, that will come out of profits, which means less money to hire or give raises.”

The first tariffs, targeting a handful of consumer goods, debuted earlier this year; they were followed by taxes on raw steel and aluminum. Now a new wave focusing specifically on hundreds of Chinese industrial goods is set to go into effect in July. And Trump has threatened to target still more Chinese goods — possibly including many popular consumer items like televisions and cellphones.

Here’s a complete rundown of all the goods that could cost you more — or already do — as a result of Trump’s trade war.

Trump fired an initial shot in his trade war in January, targeting just two products — washing machines and solar panels. The administration placed a tax of 20% to 50% on large residential washing Machines after Whirlpool complained that foreign competitors, including Korean giants Samsung and LG, were unfairly undercutting its prices.

The move initially helped Whirlpool — the company’s stock jumped 5% and it said it would hire 200 workers — but the benefit was offset when the White House also slapped tariffs on imported steel (more on that in a bit), pushing up its costs.

Now US consumers stand to lose. The Wall Street Journal, citing Labor Department data, recently estimated the average cost of washing machines had shot up 17% in just the past three months.

Solar panels
Justin Sullivan/Getty

As with washing machines, tariffs on solar panels — in this case 30% for 2017, with lower rates over the next several years — followed complaints from US manufacturers. But the solar tariffs were highly controversial even within the solar industry, with the Solar Energy Industries Association predicting the new tax could cost as many as 23,000 US jobs, as higher costs prompt homeowners and businesses to put off solar installations. (That’s nearly one out of every 10 jobs in the solar industry.)

Just how much could the tariffs cost you? In May, energy marketplace EnergySage estimated they would add $500 to $1,000 to the cost of the typical home installation project. Such projects typically cost $16,000 to $21,000, according to the group’s estimates.

Beer and soup
Flickr/Pittaya Sroilong

Trump followed up with a broader set of tariffs starting June 1: a 25% levy on steel and 10% levy on aluminum. Few Americans buy these these materials directly, almost everyone buys products that include them — like cars, for instance, or the cans that hold beer, soda, and soup.

Of course, the cost of metals is just one component of the ultimate price consumers pay.

When it comes to foodstuffs, the increase is likely to be moderate. Shortly after the tariff was announced Trump commerce secretary Wilbur Ross went on TVlugging cans of Campbell soup, insisting the steel tariff would boost the cost of each can by only a fraction of a penny. Similarly, in March The New York Timesestimated the aluminum tariff could boost beer costs by something like a penny a can.

Cars
REUTERS/Carlos Barria

Cars, on the other hand, use a lot more steel and aluminum than a can of soup. Ross himself said that the administration’s 25% steel tariff could add as much as $175 to the price of a $35,000 car. Of course, he called that amount “trivial” — but others have noted that it’s about what many people will get from the Trump tax cut.

And there’s another worry for car buyers: In addition to taxing raw materials, President Trump has said he might institute a separate tariff as high as 25% on foreign cars and car parts. Automakers oppose the move, which Trump says may nonetheless be justified on national security grounds.

A new report from Moody’s, released Monday, said European automakers without US plants (like Jaguar and Land Rover) would be among the hardest hit. But GM, which imports almost a third of the cars it sells in the US from plants in Canada and Mexico, and Ford, which imports about 20%, would also suffer.

Last week the American Action Forum, a Washington think tank, estimated a new 25% tariff would boost the cost of buying an imported car by $4,000 to $5,000. Even cars assembled in the US — which nonetheless typically include many foreign auto parts — would see a roughly $1,300 price increase.

See the rest of the story at Business Insider

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The most luxurious hostel in every European country under $55 a night

Andorra, Mountain HostelHostelworld

The idea of staying in a messy, loud hostel might seem like a thing of the past — best kept for the backpacking days of your late teens and 20s.

However, a “hostel” is simply “budget-friendly accommodation that focuses on a shared social experience.” While to be considered a hostel it must have the option of a dorm room, most offer private rooms as well — and instead of messy and loud, some can actually be pretty luxurious.

Business Insider teamed up with hostel booking site Hostelworld and its HOSCAR ranking of the best hotels in the world to discover where you’ll find the most luxurious hostel in every European country for under £40 ($54).

Scroll down to see each one — as well as what it will cost you and what you can expect — in alphabetical order.

The following nation states and cross-border countries are not included in the list: The Åland Islands, Faroe Islands, Gibraltar, Guernsey, Isle of Man, Jersey, Monaco, San Marino, Svalbard, Ukraine, and Vatican City.

ALBANIA: Stone City Hostel, Gjirokaster.
Hostelworld

Situated right in the heart of the old town of Gjirokaster, Stone City Hostel is close to the best sights, including a castle and communist bunker.

It boasts a huge roof terrace with brilliant views of the castle, a shaded garden with fruit trees, and is also next to the best coffee bar in town.

Price: Private rooms from £22, dorms from £8.

ANDORRA: Mountain Hostel, El Tarter.
Hostelworld

If the outdoor heated pool and jacuzzi aren’t enough to tempt you, Andorra’s eco-friendly Mountain Hostel is perfect for mountain sports and activities like skiing, snowboarding, freeride, freestyle, and ski touring in the winter season, and mountain biking, hiking, and trail running in summer.

The hostel uses solar energy and is also bike-friendly, offering cyclists a security box, padlock, workshops with tools, and a bike wash area.

Price: Dorms from £22 per night.

ARMENIA: Kantar, Yerevan.
Hostelworld

Located in the very centre of Yerevan, just a minute’s walk from the Republic Square, this cosy hostel has dorms for four to eight people or private bedrooms with balconies. 

Price: Dorms from £10 per night.

See the rest of the story at Business Insider

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Elon Musk says Model 3 production still needs ‘radical improvements’ to meet aggressive targets (TSLA)

elon muskJoe Skipper/Reuters

In a leaked email obtained by CNBC, Tesla CEO Elon Musk said that Model 3 production has moved about 500 units per day.
The troubled Tesla Model 3’s run rate is now at roughly 3,500 per week.
Some aspects of the system are pushing toward 700-vehicle capacity per day.
The carmaker has said that it will achieve 5,000 per week by the end of June.

Tesla CEO Elon Musk is excited about the manufacturing of the carmaker’s troubled Model 3 — a reversal of his nearly yearlong journey through “production hell.”

But according to an internal email obtained by CNBC, he isn’t overconfident, insisting that there’s plenty of work left to do if the company is going to meet its own target of 5,000 in weekly Model 3 output by the end of June.See the rest of the story at Business Insider

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Satellite images reveal what Russia’s World Cup stadiums look like from space

Russia map stadiums world cupDeimos Imaging, an UrtheCast Company

Games for the 2018 World Cup will be played at 12 stadiums across Russia, with locations spread more than 1,500 miles apart from east to west and more than 1,000 miles from north to south.
Deimos Imaging has captured satellite images of these stadiums.
Here’s what the World Cup stadiums look like from space.

On June 14 at 6:00 p.m. Moscow time (11:00 a.m. ET), teams from Russia and Saudi Arabia will kick off the 2018 World Cup at Luzhniki Stadium in Moscow.

That’s just one of 12 stadiums that teams from 32 countries will be playing at during the World Cup. The stadiums are spread across Russia. As a bird flies, the stadiums in Kaliningrad and Yekaterinburg are more than 1,500 miles apart; stadiums in Sochi and St. Petersburg are more than 1,000 miles apart.

This will lead to varying temperatures and conditions, depending on where games are played.

Urthecast subsidiary Deimos Imaging, which operates commercial satellites and is one of the world’s leading satellite image providers, has captured images of what each of the stadiums look like from space.

Here’s where the games of the 2018 World Cup in Russia will be played.

Luzhniki Stadium, Moscow
Deimos Imaging, an UrtheCast Company

In addition to the first game of the World Cup, the final on July 15 will also be played at Luzhniki Stadium.

Fisht Olympic Stadium, Sochi
Deimos Imaging, an UrtheCast Company
Kazan Arena, Kazan
Deimos Imaging, an UrtheCast Company
See the rest of the story at Business Insider

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Bill Gates, Jeff Bezos, and a group of influential billionaires are investing in 2 startups that could solve the biggest problem with renewable energy

Bill GatesREUTERS/Charles Platiau

Bill Gates, Jeff Bezos, Mark Zuckerberg and a group of billionaires are investing in two energy storage startups through their fund, Breakthrough Ventures.
Energy storage is one of the biggest bottlenecks in the widespread adoption of renewable energy.
Breakthrough Ventures’ fund is designed to be “patient capital,” which means it doesn’t mind waiting a long time to see returns. 

Bill Gates, Jeff Bezos, Mark Zuckerberg and a host of their uber-rich compatriots are investing in two energy startups that could solve one of the biggest problems with renewable energy.

They’re investing through a $1 billion fund, Breakthrough Ventures (BEV), which announced last year that energy storage would be one of its main focuses. See the rest of the story at Business Insider

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Mesmerizing aerial images show the growth of major cities over the last 3 decades

beijingStuck in Customs on flickr

Over the last three decades, much of the world’s population growth has centered in urban areas, where 4.1 billion people — around 55% of the world’s population — live today.

By 2030, the United Nations predicts that cities will house 60% of people globally, and one in every three people will live in cities with at least half a million inhabitants.

NASA satellites have visualized this growth through its Landsat program, the longest-running initiative for collecting satellite imagery of Earth. Landsat satellites have captured images of cities across the world since 1972.

The imaging startup Descartes Labs recently compiled these photos to create fascinating timelapses — from the 1980s to today — of five large cities, including Beijing and Las Vegas.

Take a look below:

In the span of just 34 years, the population of Dubai, UAE has grown from 350,000 to 3 million. The time-lapse below shows the city’s rapid development over that period:

unnamed (2)Descartes LabsDubai — 1984 vs 2017

“The architectural scope of that expansion is impressive, particularly the infrastructure and buildings over the water,” Jason Schatz, an applied scientist at Descartes Labs, told Business Insider.

São Paulo, Brazil expanded from around 13 million to 21 million people from the late 1980s to today. As you can see in the time-lapse below, much of this urban growth has resulted in sprawl:

unnamed (4)

São Paulo — 1987 vs 2017

The Las Vegas metro area bloomed from around 540,000 people in 1984 to 2.1 million people today. On the right, you can see that Lake Mead has shrunk, due partly to the region’s increasing water demands:

unnamed (3)

Clark County, Nevada — 1984 vs 2018

See the rest of the story at Business Insider

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Easy Decorating Tricks To Decorate Like A Pro

By tony / May 14, 2018

Are you interested in improving the appearance of your home through interior design? You’re not the only one; the following article will teach you all about interior design. The advice you are about to read has been proven effective.

When designing an office, make sure the space is functional. It is vital to have good lighting and comfortable furniture in an office space. To make a place that you want to spend time in while working, implement some design choices that have visual appeal.

Before you begin anything, have a discussion about finances and costs. If you do not possess the money to do a project, it can be devastating. This can help lower your anxiety and stress levels when designing your new space.

For the best results, hang artwork at eye level. Art that is either too low or too high just doesn’t look good in a room and shows you don’t have style.

Keep up with the latest trends in home design and make sure your home hasn’t become dated. If you do not know what is considered normal in this age you can end up with a home from the eighties. Peek around and see how other people are decorating their homes these days.

Keep your eye on seemingly minor details. It is possible to develop a richer appearance by collecting smaller items or layering a variety of patterns. For example, picking out thinks like fixtures, window treatments and cupboard knobs could really enhance the entire room.

Any interior planning project should result in an uncluttered look for the room. If you have too much accessories and furniture it will make a room feel even more cramped. Rather, choose fewer items in order to maintain an airy feel.

Get your creative juices flowing with framed pictures. Your photos are a symbol of you, and the frames that they are in should be to. You don’t just have to hang them in straight lines. Try placing them in the right angles or patterns. By using up the empty white space you can come up with some cool effects that totally change the mood in a room.

It is entirely possible to design your own interiors without the help of a profession designer or expensive training. You just need the dedication to learn what you need to know so that you can put together the ideal home for your family. The advice you have just read can help you get started.

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