21 August, 2014 by The TZ Newswire Staff Comments Off on Don’t get too comfortable on rates: Fed’s George
Don’t get too comfortable on rates: Fed’s George
Fed interest rate hikes may not be as far off as investors believe, Kansas City Fed President Esther George told CNBC.
21 August, 2014 by The TZ Newswire Staff Comments Off on Median income is on the rise … finally!
Median income is on the rise … finally!
The typical American is finally bringing home a bigger paycheck. Median household income has been on the rise for the past three years, climbing 3.8% to $53,891 in June, according to newly released data …
21 August, 2014 by The TZ Newswire Staff Comments Off on Sears 2Q loss widens on sluggish sales
Sears 2Q loss widens on sluggish sales
Sears said Thursday that its second-quarter loss widened as it continues to deal with weak sales. The retailer — which runs Sears and Kmart stores — lost $573 million, or $5.39 per share, for the period.
21 August, 2014 by The TZ Newswire Staff Comments Off on Chinese hackers vacuum data from U.S. health industry
Chinese hackers vacuum data from U.S. health industry
For four years, a sophisticated group of Chinese cyberspies has cut a digital swath through the health-care industry, stealing everything from trade secrets to trial data, say security firms probing the campaign. The group infiltrated one U.S. In other cases, the hackers accessed pharmaceutical labs through their connections with university researchers, scooping up trial data and other trade secrets, said Aaron Shelmire, a threat researcher for Dell SecureWorks. A newly reported theft of personal data from 4.5 million patients served by Community Health Systems Inc., the second biggest U.S.
21 August, 2014 by The TZ Newswire Staff Comments Off on Russia extends scrutiny of McDonald’s restaurants
Russia extends scrutiny of McDonald’s restaurants
Russia ramped up its scrutiny of McDonald’s restaurants on Thursday, as the state food safety watchdog began unscheduled checks in several Russian regions, a day after four branches in Moscow were shuttered by the same agency. The food safety agency cited breaches of sanitary rules by restaurants in the fast food chain, but the action came after Moscow and the West imposed tit-for-tat sanctions over the conflict in Ukraine.
21 August, 2014 by The TZ Newswire Staff Comments Off on Can the Apple, Inc iWatch or Moto 360 Make Smartwatches a Success?
Can the Apple, Inc iWatch or Moto 360 Make Smartwatches a Success?
Despite a lot of buzz from the media, is there really a big enough market for smartwatches to warrant all the hype?
21 August, 2014 by The TZ Newswire Staff Comments Off on Gold premiums to stay low in 2014 due to weak demand – refiner
Gold premiums to stay low in 2014 due to weak demand – refiner
Indian gold premiums will average $3-$4 an ounce over London prices this year, roughly half what they were last year, because of continuing restrictions on imports that will soften demand, the head of the country’s biggest gold refiner said on Thursday. Struggling with a high trade deficit, India raised its gold import duty to a record 10 percent last year and made it mandatory to export a fifth of all bullion imports. Gold is India’s second-biggest expense on the import bill after oil.