9 December, 2014 by The TZ Newswire Staff Comments Off on U.S. spending bill adds $1.46 billion for military to buy 15 Boeing jets
U.S. spending bill adds $1.46 billion for military to buy 15 Boeing jets
A spending bill agreed by lawmakers from the U.S. House and Senate provides $554.2 billion in funding for the U.S. military in fiscal 2015, including $1.46 billion for 15 EA-18G electronic attack jets …
9 December, 2014 by The TZ Newswire Staff Comments Off on Merck says still plans to buy Cubist, despite patent setback
Merck says still plans to buy Cubist, despite patent setback
Merck & Co Inc said on Tuesday it will proceed with its planned $8.4 billion purchase of Cubist Pharmaceuticals Inc and still expects the deal to boost its long-term earnings, despite a court ruling that …
9 December, 2014 by The TZ Newswire Staff Comments Off on UBS wants ‘super-teams’ to draw more assets from the very wealthy
UBS wants ‘super-teams’ to draw more assets from the very wealthy
UBS AG aims to triple the assets that its U.S. wealth management clients keep in fee-based accounts within seven to 10 years, a top executive said on Tuesday. Like rivals such as Morgan Stanley and Bank …
9 December, 2014 by The TZ Newswire Staff Comments Off on Japan stocks tumble amid Greece anxiety
Japan stocks tumble amid Greece anxiety
Japan’s benchmark stock-market index skidded more than 1% Wednesday as worries mounted about Greece’s turbulent political climate.
9 December, 2014 by The TZ Newswire Staff Comments Off on Fraudsters’ robots to cost marketers $6B next year
Fraudsters’ robots to cost marketers $6B next year
Marketers will lose $6 bil next year to fraudsters who are using robots to exploit the online advertising industry. The FT reports.
9 December, 2014 by The TZ Newswire Staff Comments Off on JPMorgan faces $22B capital hole under new Fed rules
JPMorgan faces $22B capital hole under new Fed rules
JPMorgan Chase has a $22 billion capital hole under new rules proposed by the Federal Reserve, a blow to a bank. The FT reports.
9 December, 2014 by The TZ Newswire Staff Comments Off on Defeat Is Victory
Defeat Is Victory
Submitted by Dmitry Orlov via Club Orlov blog,
On the wall of George Orwell’s Ministry of Truth from his novel 1984 there were three slogans:
WAR IS PEACE
FREEDOM IS SLAVERY
IGNORANCE IS STRENGTH
It occurred to me that these apply just a little bit too well to the way the Washington, DC establishment operates.