28 January, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Creditors seek to sue Carl Icahn over Trump Entertainment cash
The Wall Street Journal: Creditors seek to sue Carl Icahn over Trump Entertainment cash
Creditors for Trump Entertainment Resorts seek a bankruptcy judge’s blessing to sue investor Carl Icahn, saying Icahn’s loans don’t entitle him to a lien on the troubled casino’s cage cash.
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28 January, 2015 by The TZ Newswire Staff Comments Off on Fed will remain ‘patient,’ upgrades economy
Fed will remain ‘patient,’ upgrades economy
Most Federal Reserve watchers did not expect any significant announcements or language changes to this month’s statement.
28 January, 2015 by The TZ Newswire Staff Comments Off on Earnings Outlook: Watch what Facebook says about mobile ad revenue
Earnings Outlook: Watch what Facebook says about mobile ad revenue
Facebook’s stock could be set to break out of its recent range after the social network reports results earnings later Wednesday, with growth in mobile ad sales a key metric to watch.
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28 January, 2015 by The TZ Newswire Staff Comments Off on 5 ways Ikea persuaded shoppers to spend $33 billion
5 ways Ikea persuaded shoppers to spend $33 billion
The quirky furniture and home-goods retailer keeps customers opening their wallets.
28 January, 2015 by The TZ Newswire Staff Comments Off on The biggest threat to luxury brands’ rapid growth
The biggest threat to luxury brands’ rapid growth
After years of fueling the growth of luxury labels, there are signs the global high-end consumer is starting to cool.
28 January, 2015 by The TZ Newswire Staff Comments Off on Markets Disappointed As FOMC ‘Upgrades’ Economy & Jobs In Hawkish Statement
Markets Disappointed As FOMC ‘Upgrades’ Economy & Jobs In Hawkish Statement
The 4 key phrases from today’s FOMC Statement are:
- “Strong Jobs Gains” instead of “Solid Job Gains”,
- “Considerable time” sentence dropped entirely
- “Solid Pace” instead of “Moderate Pace” For Economy
- Add “Inflation is anticipated to decline further in the near term” as new language
And voila, a hawkish policy statement… sending stocks, crude, and bond yields sliding on the news.
28 January, 2015 by The TZ Newswire Staff Comments Off on SkyMall may fly again with potential bid
SkyMall may fly again with potential bid
A former advertiser aims to buy SkyMall, just days after the in-flight catalog filed for bankruptcy protection.