9 July, 2014 by The TZ Newswire Staff Comments Off on Is Hertz Global Holdings Ready to Close the Gap with Avis?
Is Hertz Global Holdings Ready to Close the Gap with Avis?
Hertz has underperformed its key competitor on share price but as the spin-off date nears, it could close the performance gap.
9 July, 2014 by The TZ Newswire Staff Comments Off on Here’s Some More Bad News for McDonald’s and Yum! Brands
Here’s Some More Bad News for McDonald’s and Yum! Brands
The most recent fast-food survey by Consumer Reports has some news for McDonald’s and Yum! Brands… and it’s not good.
9 July, 2014 by The TZ Newswire Staff Comments Off on Tesla Motors Inc. Has Enormous Risks and Rewards in the World’s Largest Automotive Market
Tesla Motors Inc. Has Enormous Risks and Rewards in the World’s Largest Automotive Market
As China’s luxury and electric vehicle segments surge, it could be a huge boon for Tesla; it also brings substantial risks.
9 July, 2014 by The TZ Newswire Staff Comments Off on Fed, confident in economy, signals October end to bond buying
Fed, confident in economy, signals October end to bond buying
Minutes of the Federal Reserve’s June meeting show that policy makers expect to end the stimulus program in October provided the economy continues to grow.
9 July, 2014 by The TZ Newswire Staff Comments Off on What’s next for Rengan Rajaratnam
What’s next for Rengan Rajaratnam
The acquittal of Rengan Rajaratnam in his criminal insider trading case sets the stage for the S.E.C.’s civil case against him, Peter J. Henning writes in the White Collar Watch column.
9 July, 2014 by The TZ Newswire Staff Comments Off on How casinos could save Japanese pinball
How casinos could save Japanese pinball
Now, pachinko wants casinos, driven by attendance that has sunk more than 60 percent since the mid-1990s and an uncertain legal status that has prevented them from listing in Japan. “Pachinko companies are feeling a sense of crisis that they will go into decline unless they do something,” Daigo Fukunaga, a senior analyst at Advanced Research Japan, said in an interview. Casinos would be “a big new market” to pachinko companies, he said. Prime Minister Shinzo Abe said last month that his ruling party would seek to pass the bill in the fall.
9 July, 2014 by The TZ Newswire Staff Comments Off on JPMorgan ramping up efforts to cut wasteful expenses
JPMorgan ramping up efforts to cut wasteful expenses
As the nation’s largest bank continues to deal with sluggish revenue, J.P. Morgan Chase & Co. is sharpening its cost-cutting knife on everything from real estate to its choice of armored trucks. In the past few months, the bank’s chief operating officer, Matt Zames, has redoubled the firm’s focus on cost cutting to include relocating employees to less expensive office space, revising third-party contracts and re-examining relationships with market-data providers, among others, people familiar with the matter said. The push by Mr.