12 May, 2014 by The TZ Newswire Staff Comments Off on Spy agency behavior changed after Snowden: NSA
Spy agency behavior changed after Snowden: NSA
Foreign governments, individuals and groups targeted by the U.S. National Security Agency have changed their “behavior”.
12 May, 2014 by The TZ Newswire Staff Comments Off on Boom times for bank trading have gone, may never come back
Boom times for bank trading have gone, may never come back
Revenues from fixed income, currencies and commodities – the so-called ‘FICC’ universe – continued to tumble for most major U.S. and European banks during the first quarter.
12 May, 2014 by The TZ Newswire Staff Comments Off on Hillshire to buy Pinnacle Foods for $6.6 billion
Hillshire to buy Pinnacle Foods for $6.6 billion
(Reuters) – Packaged food company Hillshire Brands Co said it would acquire Pinnacle Foods Inc for about $6.6 billion (3.9 billion pounds), including debt, in a cash and stock deal. Hillshire said the …
12 May, 2014 by The TZ Newswire Staff Comments Off on Xi says China must adapt to ‘new normal’ of slower growth
Xi says China must adapt to ‘new normal’ of slower growth
Chinese President Xi Jinping said the nation needs to adapt to a \”new normal\” in the pace of economic growth and remain \”cool-minded\” amid a slowdown that analysts forecast will lead to the weakest expansion since 1990.
12 May, 2014 by The TZ Newswire Staff Comments Off on Why you shouldn’t count out the Nasdaq just yet
Why you shouldn’t count out the Nasdaq just yet
Has news of the NASDAQ’s demise has been greatly exaggerated?
12 May, 2014 by The TZ Newswire Staff Comments Off on GM ranked worst automaker by U.S. suppliers – survey
GM ranked worst automaker by U.S. suppliers – survey
General Motors Co, already locked in a public relations crisis because of a deadly ignition defect that has triggered the recall of 2.6 million vehicles, has a new perception problem on its hands. The annual survey, conducted by the automotive consultant group Planning Perspectives Inc, asks the industry’s biggest suppliers to rate their relationships with the six automakers that account for more than 85 percent of all light vehicle sales in the United States.
12 May, 2014 by The TZ Newswire Staff Comments Off on Apple’s Beats deal driven by ties with Jimmy Iovine
Apple’s Beats deal driven by ties with Jimmy Iovine
When news spread last week that Apple Inc. (AAPL) was near an acquisition of Beats Electronics LLC for $3.2 billion, Beats co-founder Dr. Dre appeared in a video boasting of becoming the \”first billionaire in hip hop.\” Apple executives, by contrast, were characteristically silent. Beats executives are known to throw lavish parties and have musicians traipsing through at all hours, while Apple is an engineering haven for coders and designers.