18 December, 2014 by The TZ Newswire Staff Comments Off on Janet Yellen Politely Asks Elizabeth Warren To Shove It
Janet Yellen Politely Asks Elizabeth Warren To Shove It
The next president of the United States—and many of her colleagues up on Capitol Hill—don’t think much of New York Fed President Bill Dudley. When they look at his goofy smile, all they see is a lack of “rigorous accountability for conflicts of interest and failures of oversight.” Someone “essentially… hired by the people” he’s…
18 December, 2014 by The TZ Newswire Staff Comments Off on Comstock Suspends Drilling In Eagle Ford Due To Plunging Oil Prices
Comstock Suspends Drilling In Eagle Ford Due To Plunging Oil Prices
Shale 0 – Saudi Arabia 1
Following one after another major and shale company announcing plans to trim capex (even as they miraculously still get to keep their revenue and EPS projections intact, for now), the latest victory handed to Saudi Arabia on a silver platter comes courtesy of Comstock Resources (Total Debt/EBITDA 2.4x, EBITDA $421MM, CapEx $674MM) Comstock Resources said earlier today that in response to low oil prices, plans to suspend oil directed drilling activity in its Eagle Ford shale properties and in Tuscaloosa Marine shale.
18 December, 2014 by The TZ Newswire Staff Comments Off on Dov Charney: American Apparel offered me millions to stay
Dov Charney: American Apparel offered me millions to stay
Yahoo Finance’s Jeff Macke spoke to ousted American Apparel founder Dov Charney.
18 December, 2014 by The TZ Newswire Staff Comments Off on Ex-Rite Aid VP charged in $14.6M surplus scheme
Ex-Rite Aid VP charged in $14.6M surplus scheme
A former Rite Aid quality assurance executive in Oregon and a New Jersey businessman have agreed to plead guilty to charges in connection with a nine-year, $14.6 million surplus inventory kickback scheme. …
18 December, 2014 by The TZ Newswire Staff Comments Off on Icahn offers $20 million to keep Atlantic City Trump casino open
Icahn offers $20 million to keep Atlantic City Trump casino open
Billionaire investor Carl Icahn offered to lend $20 million to help bankrupt casino operator Trump Entertainment Resorts Inc keep its Trump Taj Mahal casino in Atlantic City open. “Even though I have …
18 December, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Ex-American Realty Chair Schorsch accused of telling managers to manipulate financials
The Wall Street Journal: Ex-American Realty Chair Schorsch accused of telling managers to manipulate financials
Former American Realty Capital Properties Chairman Nicholas Schorsch ordered executives to manipulate quarterly financials, according to a complaint filed by former Chief Accounting Officer.
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