20 February, 2015 by The TZ Newswire Staff Comments Off on Greece, European creditors divided going into new debt talks
Greece, European creditors divided going into new debt talks
Greece and its European creditors on Friday sought to bridge major differences over Athens’ request for a six-month loan extension that might keep it from falling out of the euro.
20 February, 2015 by The TZ Newswire Staff Comments Off on Status of U.S. West Coast port dispute unclear: Journal of Commerce
Status of U.S. West Coast port dispute unclear: Journal of Commerce
The status of a dispute between shipping executives and union leaders for dock workers at 29 U.S. West Coast ports was unclear on Friday, with the Journal of Commerce, which earlier reported a deal may have been reached, saying conflicting reports had emerged on the status of the nine-month-old talks. “There is no deal as it stands right now,” Journal of Commerce Chief Content Officer Peter Tirschwell told Reuters. “Pace of negotiations quickening as source close to the talks says no deal yet despite several others this AM saying a deal was in hand,” the Journal reported in a tweet.
20 February, 2015 by The TZ Newswire Staff Comments Off on As the Rich Get Richer, Unions Are Poised for U.S. Comeback
As the Rich Get Richer, Unions Are Poised for U.S. Comeback
From the ports of Los Angeles to the car plants of Detroit, unions are demanding payback for sacrifices they say helped revive the economy. Oil workers have walked off the job for higher wages and better working conditions. Personnel staffing oil terminals at the Port of Long Beach, California, are threatening to strike. In Detroit, union leaders girding for contract talks this year will push for the first raise veteran autoworkers have received in a decade.
20 February, 2015 by The TZ Newswire Staff Comments Off on Some Uber, Lyft drivers want full employee status
Some Uber, Lyft drivers want full employee status
Some freelance Uber and Lyft drivers want full employee status and benefits, which could have a big impact on the sharing economy.
20 February, 2015 by The TZ Newswire Staff Comments Off on Pimco chief economist Paul McCulley steps down
Pimco chief economist Paul McCulley steps down
Pimco said on Friday Paul McCulley had stepped down as chief economist and as a managing director, a role he had assumed in May at the request of Bill Gross, who was the investment firm’s chief investment officer at the time. The move comes just 10 days after Pacific Investment Management Co hired former Morgan Stanley chief economist Joachim Fels as its “global economic adviser” and a managing director, an appointment that raised questions about McCulley’s role at the Newport Beach, California-based firm, a unit of German insurer Allianz SE.
20 February, 2015 by The TZ Newswire Staff Comments Off on TrueCar Inc Stock Sinks After Q4 Results. Are Investors Overreacting?
TrueCar Inc Stock Sinks After Q4 Results. Are Investors Overreacting?
Investors are selling TrueCar after the fourth-quarter results hit the news feeds, but I believe it’s an overreaction. Here’s why.
20 February, 2015 by The TZ Newswire Staff Comments Off on More Scenes from the 2015 STA Florida
More Scenes from the 2015 STA Florida
The sun was shining for the members of the 2015 STA Florida annual conference. Check out pics of traders from Franklin Templeton, Citi, Ariel Capital Management, Tocqueille Asset Management, Atlanta Capital and more in this Traders slideshow.