11 March, 2015 by The TZ Newswire Staff Comments Off on The Russell Outperforms
The Russell Outperforms
The Dow (-0.2%), Nasdaq (-0.2%), and S&P 500 (-0.2%) registered modest losses on Wednesday while the Russell 2000 (+0.6%) outperformed. The small-cap index climbed steadily throughout the afternoon while the S&P 500 spent the day in an 11-point range near its flat line before settling just below its 100-day moving average (2,042).
11 March, 2015 by The TZ Newswire Staff Comments Off on Alibaba to invest in Snapchat at $15B valuation
Alibaba to invest in Snapchat at $15B valuation
Alibaba Group is planning to invest $200 million in Snapchat, valuing the photo-messaging service at about $15 billion.
11 March, 2015 by The TZ Newswire Staff Comments Off on Who knew? Government slackers are hard to fire
Who knew? Government slackers are hard to fire
Firing federal workers is such a lengthy process that most agencies don’t get rid of their worst workers. Fiscal Times reports.
11 March, 2015 by The TZ Newswire Staff Comments Off on Drugs, Prostitution, Violence Plague Oil Boom Towns Gone Bust
Drugs, Prostitution, Violence Plague Oil Boom Towns Gone Bust
With crude prices reeling from the effects of geopolitical wrangling and surging production, it’s a tough time to be a resident of an oil boom town. Although drilling in areas like North Dakota’s Bakken oil patch has generated hefty revenues for once quiet communities, it’s also led to an increase in crime.
11 March, 2015 by The TZ Newswire Staff Comments Off on Canada: Even the newest oil tank cars are outdated
Canada: Even the newest oil tank cars are outdated
The Canadian government unveiled tougher new proposed oil tank car standards.
11 March, 2015 by The TZ Newswire Staff Comments Off on Don’t Believe the Rumors, Samsung Didn’t Just Kill the Apple Car
Don’t Believe the Rumors, Samsung Didn’t Just Kill the Apple Car
Samsung’s recent interest in electric cars has some speculating it could be preparing to challenge Apple’s much-discussed Project Titan. Here’s why that probably isn’t the case.
11 March, 2015 by The TZ Newswire Staff Comments Off on Presenting The Future Of Trading
Presenting The Future Of Trading
The future of trading has arrived, and it’s blue. SchwabBlue.
Hello, world. I’m Blue. Mild-mannered investment algorithm by day. Same thing at night. 24/7, actually.
— SchwabBlue (@SchwabBlue) March 11, 2015
h/t @BrianLipsky