28 February, 2015 by The TZ Newswire Staff Comments Off on Airbus Group CEO says not ready for retirement: report
Airbus Group CEO says not ready for retirement: report
Airbus Group Chief Executive Tom Enders has given the strongest hint yet that he may seek a new term as head of Europe’s largest aerospace company, telling a French newspaper he does not feel ready for retirement when his mandate expires next year. Asked by Le Journal du Dimanche about his priorities for the coming year, the last before his term expires in 2016, Enders said, “Let me clarify one thing: I don’t plan to retire in a year’s time. Enders joins his direct rival, Boeing CEO Jim McNerney, in keeping the industry guessing over his future.
28 February, 2015 by The TZ Newswire Staff Comments Off on Hyundai recalls more than 200,000 Elantras over steering problem
Hyundai recalls more than 200,000 Elantras over steering problem
Hyundai Corp is recalling 204,768 Elantras because of a power steering defect that might cause the cars to suddenly revert to manual steering, the company said Saturday in a report filed with U.S. auto safety regulators. The recall affects four-door Elantra sedans produced from June 1, 2008, to April 30, 2010, and 2009-10 model Elantra Touring hatchbacks, Hyundai said in a report on the National Highway Traffic Safety Administration website.
28 February, 2015 by The TZ Newswire Staff Comments Off on 1987 Or 2015? The Gap Between Growth Expectations & Valuations Is "Ridiculous"
1987 Or 2015? The Gap Between Growth Expectations & Valuations Is "Ridiculous"
While the divergence between macro data ‘dismalness’ and equity price exuberance is by now well known, there is a greater threat looming to the rampapalooza that is underway. As forward Price-to-Earnings ratios have soared in the last year (aided and abetted – as Alan Greenspan explained – solely by The Fed’s largesse) so bottom-up earnings growth expectations have cratered.
28 February, 2015 by The TZ Newswire Staff Comments Off on STiNKiN BuLLeTS…
STiNKiN BuLLeTS…
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BLOOMBERG NEWS (April 2014)— On April 14, Newsmax.com reported that the USPS was seeking to buy a large amount of ammunition on the heels of similar purchases by the Social Security Administration, the U.S. Department of Agriculture, and the National Oceanic and Atmospheric Administration.
This alarmed some people whom Newsmax described as “second amendment advocates.”
28 February, 2015 by The TZ Newswire Staff Comments Off on What Happens to Your Social Security if the Trust Funds Empty?
What Happens to Your Social Security if the Trust Funds Empty?
The lead options are: Full benefits are paid on a delayed schedule or partial benefits are paid on time.
28 February, 2015 by The TZ Newswire Staff Comments Off on "Massive Mis-Governance" – Q4 Obliterates The Case For QE And ZIRP
"Massive Mis-Governance" – Q4 Obliterates The Case For QE And ZIRP
Submitted by David Stockman via Contra Corner blog,
The most important number in today’s Q4 GDP update was 2.3%. That’s the year/year change in real final sales from Q4 2013. As an analytical matter it means that the Great Slog continues with no sign of acceleration whatsoever.
28 February, 2015 by The TZ Newswire Staff Comments Off on Caught On Tape: The Moment Boris Nemtsov Was Assassinated
Caught On Tape: The Moment Boris Nemtsov Was Assassinated
As the world contemplates the various ‘provocation’ scenarios – a Russian act, a CIA act meant to look like a Russian act, or a Russian act meant to look like a CIA act? – the following clip suggests this was anything but an ad hoc shooting…
