23 January, 2015 by The TZ Newswire Staff Comments Off on McDonald’s closes out a bad year with only hopes of better 2015
McDonald’s closes out a bad year with only hopes of better 2015
McDonald’s had another depressed quarter to close out 2014, but in some ways it could have been worse.
23 January, 2015 by The TZ Newswire Staff Comments Off on Expedia buys booking site Travelocity for $280M in cash
Expedia buys booking site Travelocity for $280M in cash
NEW YORK (AP) — Expedia has acquired travel booking site Travelocity from the Sabre Corp. for $280 million in cash.
23 January, 2015 by The TZ Newswire Staff Comments Off on Russia faces $40 billion battle to stave off banking crisis
Russia faces $40 billion battle to stave off banking crisis
Russia may have to spend more than $40 billion this year to avert a banking crisis, as the growing likelihood of a sharp recession threatens to pile extra costs on a sector suffering from Western sanctions over Ukraine and a plunge in the rouble. Russian banks are seeing a deterioration in their loan quality, a rise in their risk management costs and increase in their cost of funding, and banking executives and analysts predict things are going to get worse.
23 January, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: Breaking down who earns the minimum wage
Capitol Report: Breaking down who earns the minimum wage
What is the federal minimum wage? How many earn the minimum or less? Who are they? Will it really help a lot of people?
23 January, 2015 by The TZ Newswire Staff Comments Off on Europe Markets: European stocks riding high on QE-stimulus plan
Europe Markets: European stocks riding high on QE-stimulus plan
European stocks surge, with investors piling into equities after the European Central Bank opened the gates to a flood of liquidity with an asset-purchase program.
23 January, 2015 by The TZ Newswire Staff Comments Off on Did Treasury Secretary Lew Just Call Draghi A Currency Manipulator?
Did Treasury Secretary Lew Just Call Draghi A Currency Manipulator?
Having already put his foot in his mouth about the US oil production industry, it appears Treasury Secretary Lew has done it again:
23 January, 2015 by The TZ Newswire Staff Comments Off on DeflateGate: Just what the country needed now
DeflateGate: Just what the country needed now
Deflategate is a distraction needed in a time filled with wars, racial tension and terrorism, Politico’s Ben White says.