25 August, 2014 by The TZ Newswire Staff Comments Off on Chart Of The Day: One Of Every Two Cyprus Loans Is In Default
Chart Of The Day: One Of Every Two Cyprus Loans Is In Default
Far be it for us to comment that anything like “fundamentals” matters anymore, or that, blasphemy, bad news is anything but good news, however what the Central Bank of Cyprus revealed today is a little troubling to say the least: as of the most recent, June, data, the total percentage of non-performing loans in the Cypriot banking system just rose to a mind-blowing 45%, up from 44.3% in May, and nearly double the 23.6% which was reported at March 2013 when the local banking system cratered, leading to the first European forced “bail-in” of (mostly Russian) depositors.
25 August, 2014 by The TZ Newswire Staff Comments Off on Bull market still alive? 3 indicators to watch
Bull market still alive? 3 indicators to watch
Nick Colas gives us his 3-point checklist for gauging the bull market’s health.
25 August, 2014 by The TZ Newswire Staff Comments Off on McDonald’s faces ‘millennial’ challenge
McDonald’s faces ‘millennial’ challenge
Behind McDonald’s Corp.’s worst slump in a decade is a trend that may auger even tougher times ahead: The Golden Arches is losing its luster with younger consumers. In the U.S., with more than 40% of McDonald’s 35,000-plus global locations, sales at restaurants open at least 13 months have been flat or falling for most of the past year. McDonald’s stock has traded in a relatively narrow range in the nearly 26 months since Chief Executive Don Thompson took the helm, while the share prices of many of its rivals have soared.
25 August, 2014 by The TZ Newswire Staff Comments Off on IRS enforcement agent numbers could drop to lowest levels since 1970s
IRS enforcement agent numbers could drop to lowest levels since 1970s
Budget pressures at the Internal Revenue Service’s Criminal Investigation Division are cutting the number of investigators there to the lowest level in four decades, and officials say the changes are forcing the division to scale back its fight of financial crime. IRS Criminal Investigation has also been involved in public corruption cases such as the conviction of Jesse Jackson Jr., a former U.S.
25 August, 2014 by The TZ Newswire Staff Comments Off on "Current Ebola Outbreak Is Different," WHO Warns "Unprecedented" Number Of Medical Staff Infected
"Current Ebola Outbreak Is Different," WHO Warns "Unprecedented" Number Of Medical Staff Infected
The outbreak of Ebola virus disease in west Africa is unprecedented in many ways, including the high proportion of doctors, nurses, and other health care workers who have been infected, warns the World Health Organization. Despite all precautions possible, more than 240 health care workers have developed the disease in Guinea, Liberia, Nigeria, and Sierra Leone, and more than 120 have died. Simply put, they conclude, the current outbreak is different.
25 August, 2014 by The TZ Newswire Staff Comments Off on Stock Futures Firmly Higher; Tim Hortons, Burger King Cooking
Stock Futures Firmly Higher; Tim Hortons, Burger King Cooking
Stock futures flexed higher ahead of Monday’s open, girded by strength in Europe’s markets and U.S. merger news. Dow futures muscled up 69.9 points. Nasdaq 100 futures strode ahead 19.8 points, and S&P 500 futures climbed 9.9 points. The stock market today continues its recent trend of showing strength ahead of Monday openings since the start of August.
25 August, 2014 by The TZ Newswire Staff Comments Off on To Grow Windows Phone, Microsoft Needs to Copy Samsung
To Grow Windows Phone, Microsoft Needs to Copy Samsung
Imitating Samsung’s broad mobile strategy isn’t a perfect fix, but it’s better than Microsoft’s current obsession with the low-end market.