19 September, 2014 by The TZ Newswire Staff Comments Off on Nobel winner Fama: Active management ‘never’ good
Nobel winner Fama: Active management ‘never’ good
Eugene Fama, the University of Chicago investing researcher, once again warned investors against the lure of active management.
19 September, 2014 by The TZ Newswire Staff Comments Off on Senate Democrats propose exit tax for inverting companies
Senate Democrats propose exit tax for inverting companies
Two Senate Democrats want to force U.S. Senators Sherrod Brown and Dick Durbin on Friday released details of a bill that would require foreign earnings that have not been repatriated, or brought into the United States, to be taxed as income at the point when a U.S. He previously called for consumers to steer clear of Burger King Worldwide (BKW.N) after it said it would move its tax base to Canada as part of a deal to buy coffee-and-donut chain Tim Hortons (THI.TO).
19 September, 2014 by The TZ Newswire Staff Comments Off on How Alibaba’s transformed swathes of rural China
How Alibaba’s transformed swathes of rural China
If you want to know why the Chinese government is keen on e-commerce giant Alibaba, look no further than Beishan – one of China’s many “Taobao” villages – farming communities transformed thanks …
19 September, 2014 by The TZ Newswire Staff Comments Off on Financial criminals fined billions, rarely pay
Financial criminals fined billions, rarely pay
On a plane earlier this week, I watched The Wolf of Wall Street. As despicable as some of Jordan Belfort’s behavior was, I was able to occasionally laugh at Leonardo DiCaprio’s version of him knowing that, by now, more than 10 years after his real-life sentencing, Belfort has been sufficiently punished.
19 September, 2014 by The TZ Newswire Staff Comments Off on Why the market needs a 10-20% correction
Why the market needs a 10-20% correction
Brad Lamensdorf on why the market needs to correct now, or face a ‘horrible’ 2015
19 September, 2014 by The TZ Newswire Staff Comments Off on IPhone 6 wait smashes record in Manhattan
IPhone 6 wait smashes record in Manhattan
A record iPhone 6 and 6 Plus wait suggests that sales are off to a better-than-forecast start, according to Piper Jaffray.
19 September, 2014 by The TZ Newswire Staff Comments Off on Phewww! That’s the White House on Scotland vote
Phewww! That’s the White House on Scotland vote
The Scotland “no” vote brought relief to a White House worried about the impact of a schism, Politico’s Ben White says.