4 February, 2015 by The TZ Newswire Staff Comments Off on US firms disavow their global reach: Jack Welch
US firms disavow their global reach: Jack Welch
U.S. companies no longer want to be associated with big global operations because of the dollar, Jack Welch tells CNBC.
4 February, 2015 by The TZ Newswire Staff Comments Off on Brokerages Lax in Thwarting Cyberattacks, U.S. Regulators Say
Brokerages Lax in Thwarting Cyberattacks, U.S. Regulators Say
Some brokerages aren’t doing enough to protect themselves from cyberattacks while other firms don’t share information that could reduce future threats, according to U.S. securities regulators.
4 February, 2015 by The TZ Newswire Staff Comments Off on The New York Post: Disney eyes direct-to-home digital programming
The New York Post: Disney eyes direct-to-home digital programming
Disney is brainstorming about ways to bypass cable distributors, CEO Bob Iger says.
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4 February, 2015 by The TZ Newswire Staff Comments Off on Apple is driving a mysterious car in the Bay Area
Apple is driving a mysterious car in the Bay Area
Camera-equipped minivans registered to Apple are cruising around the Bay Area, according to reports.
4 February, 2015 by The TZ Newswire Staff Comments Off on China cuts bank reserves to ‘keep economy stable’
China cuts bank reserves to ‘keep economy stable’
China’s central bank delivered yet more stimulus measures to its economy on Wednesday.
4 February, 2015 by The TZ Newswire Staff Comments Off on Putin’s rainy-day fund prospering as cash hoard balloons
Putin’s rainy-day fund prospering as cash hoard balloons
The 13 percent plunge against the dollar last month swelled Russia’s Reserve Fund by 919 billion rubles ($14 billion), almost six times what the Finance Ministry borrowed on local debt markets last year, official data show. The $85 billion fund, established in 2008 to help cushion against economic slowdowns, has given Putin flexibility to stay out of the debt market for a second year and avoid shouldering borrowing costs that have surged since his annexation of Crimea almost a year ago.
4 February, 2015 by The TZ Newswire Staff Comments Off on Is this oil rally the real deal?
Is this oil rally the real deal?
Oil prices have rallied off their post-crisis lows, in a move that may mark the bottom of the rout as producers’ cutbacks begin pinching supply, some analysts said.