3 May, 2014 by The TZ Newswire Staff Comments Off on Pfizer U.S. research jobs jeopardized by promises to UK for merger
Pfizer U.S. research jobs jeopardized by promises to UK for merger
Employees at Pfizer Inc’s U.S. research centers, such as the La Jolla, California site that specializes in cancer drugs, may want to dust off their resumes if the company’s proposed acquisition of Britain’s AstraZeneca comes to fruition. Pfizer said on Friday it was determined to reach a deal that would restore its status as the world’s biggest pharmaceutical company despite AstraZeneca’s rejection of its latest cash and stock offer of 63 billion pounds ($106 billion).
3 May, 2014 by The TZ Newswire Staff Comments Off on Old workers return, new hires arrive, as construction jobs grow
Old workers return, new hires arrive, as construction jobs grow
When the U.S. economy crashed in 2008, following the implosion of the housing market, Dave Klein’s southern California construction company almost folded. Overnight, he went from employing 40 construction workers to four. But in the past two months, Klein says, some of them have returned as he has started hiring again – moves that reflect a recent trend in the U.S. construction industry as the American economy continues to pick up steam. The U.S.
3 May, 2014 by The TZ Newswire Staff Comments Off on As Buffett praises his BNSF railroad, customers rail against delays
As Buffett praises his BNSF railroad, customers rail against delays
When American investor Warren Buffett addresses Berkshire Hathaway’s shareholders at the conglomerate’s annual meeting on Saturday, he is sure to laud the impressive growth of BNSF Railroad, his company’s largest-ever acquisition. The railroad, which was struggling amid the Great Recession when Berkshire bought it for $26 billion in 2010, returned a $3.8 billion profit last year.
3 May, 2014 by The TZ Newswire Staff Comments Off on NewsWatch: Ukraine crisis is no reason to sell stocks
NewsWatch: Ukraine crisis is no reason to sell stocks
If tensions between Russia and Ukraine turn sharply worse, stocks could tumble as investors panic.
3 May, 2014 by The TZ Newswire Staff Comments Off on Paul B. Farrell: 8 secrets to help you retire today and enjoy it
Paul B. Farrell: 8 secrets to help you retire today and enjoy it
Retire today? Yes, today! This is no theory. I did it, three times.
3 May, 2014 by The TZ Newswire Staff Comments Off on Saturday links: false summits
Saturday links: false summits
The weekend is a great time to catch up on some posts that were either too long or simply didn’t fit in during the week. Hope you enjoy!
Investing
‘False summits‘ and the challenge of successful market timing. (Statistical Ideas)
3 May, 2014 by The TZ Newswire Staff Comments Off on 10 things: 10 things the SAT won’t tell you
10 things: 10 things the SAT won’t tell you
The SAT is being revamped to make it more focused and useful.