22 April, 2015 by The TZ Newswire Staff Comments Off on Cost of Galaxy’s battle against iPhone on the rise
Cost of Galaxy’s battle against iPhone on the rise
Samsung Electronics has pulled out all the stops on its new Galaxy smartphones, but their modest prices compared to the latest iPhones throw an uneasy spotlight on the long-term cost of fighting Apple’s (AAPL.O) premium branding. The 64-gigabyte model of the Galaxy S6 edge costs $290.45 to make, according to IHS Technology. For the price of producing 100 sets of this S6 edge model, Apple can make 121 sets of 64-GB iPhone 6 Plus, calculations by Reuters show. In 2010, when Samsung launched the Galaxy series and Apple unveiled the iPhone 4, their production costs were almost on par.
22 April, 2015 by The TZ Newswire Staff Comments Off on The Clinton connection to Russia’s claims on Uranium
The Clinton connection to Russia’s claims on Uranium
An investigation shows the Clinton Foundation received $2.3 million from a fund linked to a now-Russian owned uranium producer.
22 April, 2015 by The TZ Newswire Staff Comments Off on Why asset managers are worrying the Fed
Why asset managers are worrying the Fed
Sections of the U.S. financial system that may be vulnerable to investor panic are raising concerns inside the Federal Reserve.
22 April, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar holds onto ¥120 briefly before backing off
Currencies: Dollar holds onto ¥120 briefly before backing off
The dollar may gain traction over the short-term, possibly testing ¥121, ahead of next week’s Bank of Japan meeting, says one analyst.
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22 April, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Rising stockpiles, China data temper gains for oil
Futures Movers: Rising stockpiles, China data temper gains for oil
Another rise in oil stockpiles and slowing China manufacturing activity limits gains for oil prices.
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22 April, 2015 by The TZ Newswire Staff Comments Off on Atlanta Hawks to be sold to businessman Ressler
Atlanta Hawks to be sold to businessman Ressler
The NBA’s Atlanta Hawks are set to be sold to a group led by businessman Tony Ressler, the team announced on Wednesday, in a deal precipitated by the release last year of a racially charged email by the team’s current owner.
22 April, 2015 by The TZ Newswire Staff Comments Off on Fed eyes ability of asset managers to repay in a panic
Fed eyes ability of asset managers to repay in a panic
The Fed is particularly worried about whether the booming asset management industry can withstand a run of redemptions in a financial crisis. Chief among the Fed’s concerns, increasingly voiced in public remarks, is that certain funds held by individuals and institutions will not have the underlying assets sufficient to back investors cashing out in a panic. The amount of Treasury securities in circulation also has dropped after the Fed’s three rounds of bond purchases.