17 June, 2014 by The TZ Newswire Staff Comments Off on How to invest in the next Apple
How to invest in the next Apple
Today there are more options for investors to invest in disruptive start-ups that promise to become billion-dollar Wall Street darlings.
17 June, 2014 by The TZ Newswire Staff Comments Off on Ex-Goldman director Gupta loses appeal, heads to prison
Ex-Goldman director Gupta loses appeal, heads to prison
Former Goldman Sachs Group Inc (GS.N) director Rajat Gupta on Tuesday lost his challenge to a $13.9 million civil penalty and a permanent ban from acting as an officer for a public company, the same day he was scheduled to begin serving a two-year prison sentence. In a brief order, the 2nd U.S. Circuit Court of Appeals rejected Gupta’s claim that the penalty and ban were excessive.
17 June, 2014 by The TZ Newswire Staff Comments Off on Retirees suffer as 401(k) rollover boom enriches brokers
Retirees suffer as 401(k) rollover boom enriches brokers
Kathleen Tarr says AT&T Inc. employees looked to her as “their de facto 401(k) expert.” Visiting their homes and offices, she advised them on their retirement plans as they called up balances on computer screens. Actually, Tarr worked for Royal Alliance Associates, a brokerage firm owned by insurer American International Group Inc. She encouraged hundreds of departing AT&T employees to roll over their retirement money into the kind of risky high-commission investments that Wall Street’s self-regulatory agency warns against on its website.
17 June, 2014 by The TZ Newswire Staff Comments Off on US captures suspected Benghazi attack ringleader
US captures suspected Benghazi attack ringleader
The United States said it captured a suspected ringleader of the 2012 attack on the U.S. diplomatic compound in Benghazi, Libya.
17 June, 2014 by The TZ Newswire Staff Comments Off on Have an investing idea? Build your own ETF
Have an investing idea? Build your own ETF
Motif Investing is trying to disrupt the investing space by letting users build their own theme-based “mini ETFs.”
17 June, 2014 by The TZ Newswire Staff Comments Off on Big tobacco companies crowd into e-cigarette biz
Big tobacco companies crowd into e-cigarette biz
Electronic cigarettes, promoted as healthier than tobacco, are getting powerful backers: big tobacco firms. NYT reports.
17 June, 2014 by The TZ Newswire Staff Comments Off on Investors shrug shoulders at GM’s latest recall
Investors shrug shoulders at GM’s latest recall
Buyers continue rolling into Chevy, Buick, GMC and Cadillac showrooms.