4 September, 2014 by The TZ Newswire Staff Comments Off on BP ‘grossly negligent’ in 2010 U.S. spill, fines could be $18 billion
BP ‘grossly negligent’ in 2010 U.S. spill, fines could be $18 billion
District Judge Carl Barbier in New Orleans, Louisiana, who held a trial without a jury last year to determine who was responsible for the April 20, 2010 rig explosion and spill that killed 11 workers and spewed oil for nearly three months onto the shorelines of several states. Barbier ruled that BP was mostly at fault and that two other companies in the case, Transocean Ltd (RIG.N) and Halliburton (HAL.N), were not as much to blame.
4 September, 2014 by The TZ Newswire Staff Comments Off on Personal Finance Daily: How Blackberry outshines Apple, cruises for $29 a day
Personal Finance Daily: How Blackberry outshines Apple, cruises for $29 a day
A chandelier made from Blackberry phones, and how to score a relatively cheap cruise — with a catch.
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4 September, 2014 by The TZ Newswire Staff Comments Off on Is This Putin’s Ukraine Strategy?
Is This Putin’s Ukraine Strategy?
“The West is afraid of a major war and Putin is exploiting that,” says one former Kremlin adviser, adding that “his end goal is a Ukraine that is a buffer state between Russia and the West.” After the recent rebel offensive, it’s now militarily possible to gain full control of Donetsk and Luhansk and to create a ‘land bridge’ to Crimea, and “without help, Russian troops can roll ever-deeper into Ukraine.” As Bloomberg reports, Vladimir Putin w
4 September, 2014 by The TZ Newswire Staff Comments Off on Treasury Inflation Protected Securities: Do They Belong in Your Portfolio?
Treasury Inflation Protected Securities: Do They Belong in Your Portfolio?
4 September, 2014 by The TZ Newswire Staff Comments Off on Stocks Erase All Of Early Gains, End With Small Losses
Stocks Erase All Of Early Gains, End With Small Losses
Stocks started on a strong note Thursday but erased gains and ended in the red. The Nasdaq trimmed 0.2%, while the S&P 500 fell less than 0.2%. The IBD 50 skidded 0.8%. Volume rose on the NYSE but fell on the Nasdaq. The action wasn’t particularly alarming, but the indexes haven’t accomplished much in recent sessions. The S&P 500 is finding resistance at the 2000 area, while the Nasdaq also is having trouble making price progress.
4 September, 2014 by The TZ Newswire Staff Comments Off on Jobs data may reveal more about Fed’s next move
Jobs data may reveal more about Fed’s next move
Monthly employment reports are important, but the August report could be a bigger deal because of what it means for the Federal Reserve.
4 September, 2014 by The TZ Newswire Staff Comments Off on Facebook, Alexion Among Sector Leaders Near Buy Point
Facebook, Alexion Among Sector Leaders Near Buy Point
Most Sector Leaders remain well extended beyond their buy points. But Facebook and Alexion Pharmaceuticals are near striking distance. Facebook (FB) is completing the sixth week of a flat base and has been flirting with a buy point of 76.09 this week. The stock closed above the entry on Tuesday but fell back below it the next session. On Thursday, it climbed 0.12 to 75.95, still below the buy point. Volume hasn’t yet come into play.