14 January, 2015 by The TZ Newswire Staff Comments Off on Russia Cuts Off Ukraine Gas Supply To 6 European Countries
Russia Cuts Off Ukraine Gas Supply To 6 European Countries
Vladimir Putin ordered the Russian state energy giant Gazprom to cut supplies to and through Ukraine amid accusations, according to The Daily Mail, that its neighbor has been siphoning off and stealing Russian gas.
14 January, 2015 by The TZ Newswire Staff Comments Off on Goldman Sachs Warn Oil Prices May "Undershoot" $39
Goldman Sachs Warn Oil Prices May "Undershoot" $39
Just two short days ago, Goldman Sachs’ significant oil downgrade targeting $40/bbl for most of 1H15 shocked the market.
14 January, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: RadioShack prepares bankruptcy filing
The Wall Street Journal: RadioShack prepares bankruptcy filing
Struggling consumer-electronics retailer RadioShack is preparing to file for bankruptcy protection as soon as next month, The Wall Street Journal reports.
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14 January, 2015 by The TZ Newswire Staff Comments Off on BlackBerry says firm ‘has not engaged’ in buyout talks with Samsung
BlackBerry says firm ‘has not engaged’ in buyout talks with Samsung
BlackBerry spiked 30% Wednesday, but the stock plummeted in extended action after the struggling smartphone maker said it hasn’t held takeover talks with Samsung.
14 January, 2015 by The TZ Newswire Staff Comments Off on Stock market looks to earnings as possible lifeline
Stock market looks to earnings as possible lifeline
With the U.S. stock market in an extended funk, earnings offer at least a temporary escape route.
14 January, 2015 by The TZ Newswire Staff Comments Off on Natgas Jumps Most In Months On Arctic Blast
Natgas Jumps Most In Months On Arctic Blast
Natural gas futures jumped the most in 11 months as a blast of arctic weather predicted to swoop into the U.S. signaled stronger demand after a mild December. The futures rose for a second day as the government’s midday Global Forecast System showed temperatures will be well below normal from the Midwest to the Northeast Jan. 22 through Jan. 26, said Frontier Weather Inc. A U.S.
14 January, 2015 by The TZ Newswire Staff Comments Off on What Happens To High-Wage Jobs Next?
What Happens To High-Wage Jobs Next?
Yesterday, during his conference call, in the context of the collapse in the US shale industry, DoubleLine’s Jeff Gundlach said something that we first noted over a month ago: that “all of the job growth in the (economic) recovery can be attributed to the shale renaissance.” He was likely looking at the following chart from a Manhattan-Institute report: