13 August, 2014 by The TZ Newswire Staff Comments Off on Brent Oil Rises Off 13-Mo. Low; WTI Crude Gains
Brent Oil Rises Off 13-Mo. Low; WTI Crude Gains
Brent oil rose from a 13-month low on speculation prices decreased more than justified given supply threats and the ability to ship excess barrels. West Texas intermediate advanced. Futures climbed 1.2% in London after falling below $103 for a second day. Brent has slipped in the past month as Libyan and West African production has rebounded.
13 August, 2014 by The TZ Newswire Staff Comments Off on On TV, Amazon and Microsoft are Headed in Drastically Different Directions
On TV, Amazon and Microsoft are Headed in Drastically Different Directions
Both Amazon and Microsoft once had lofty goals for original programming, but times have changed.
13 August, 2014 by The TZ Newswire Staff Comments Off on Ackman promises IPO later this year
Ackman promises IPO later this year
In a letter to investors, William Ackman noted the returns of his hedge fund since it started 10 years ago (627 percent) and said a separate public listing was set for “later this year.”
13 August, 2014 by The TZ Newswire Staff Comments Off on Stock market experts are overlooking one big risk
Stock market experts are overlooking one big risk
The Shiller PE gauge suggests equities are extremely overvalued, writes Jonathan Burton.
13 August, 2014 by The TZ Newswire Staff Comments Off on Why SeaWorld stock plummeted today
Why SeaWorld stock plummeted today
SeaWorld (SEAS) is down over 30 percent today after a very weak earnings report.
13 August, 2014 by The TZ Newswire Staff Comments Off on Young people see best summer jobs market in 6 years
Young people see best summer jobs market in 6 years
Here’s some good jobs news for one group that’s had a particularly tough time in the labor market: 2014 has seen the strongest summer youth employment in six years, according to government data.
13 August, 2014 by The TZ Newswire Staff Comments Off on Tax exempt groups owe IRS nearly $1 billion
Tax exempt groups owe IRS nearly $1 billion
Some organizations exempt from paying federal income tax are avoiding paying other taxes too—almost $1 billion worth. “Tax-exempt organizations have a responsibility to remit to the IRS taxes that have been withheld from employees as well as other applicable Federal taxes,” said J. Russell George, Treasury Inspector General for Tax Administration. “Failure to remit these taxes is a very serious matter.” Most of the unpaid amounts are for payroll taxes of their employees as well as other taxes.