25 April, 2015 by The TZ Newswire Staff Comments Off on Volkswagen chair resigns after losing CEO showdown
Volkswagen chair resigns after losing CEO showdown
Ferdinand Piech, a towering figure at Volkswagen for more than two decades, resigned as its chairman on Saturday.
25 April, 2015 by The TZ Newswire Staff Comments Off on Just 6 Charts
Just 6 Charts
Presented with one comment… Di(e)Vergence?
Stocks vs Macro Data – too snowy, too droughty; closed ports, lower oil prices… any more excuses? Macro data – already drastically revised lower – continues to disappoint on a scale not seen since 2008
25 April, 2015 by The TZ Newswire Staff Comments Off on Google, Inc. Wants You to Spend More Time on the Web and Less Time in Apps
Google, Inc. Wants You to Spend More Time on the Web and Less Time in Apps
Google’s latest Chrome changes are a small way for the company to hold onto its mobile ad revenue market share.
25 April, 2015 by The TZ Newswire Staff Comments Off on After Crushing First-Quarter Estimates, Is Caterpillar Inc. Finally a Buy?
After Crushing First-Quarter Estimates, Is Caterpillar Inc. Finally a Buy?
While Caterpillar indeed beat analyst estimates, it’s far too early to get your hopes up for a turnaround. This year and next still appear very gloomy for Caterpillar investors.
25 April, 2015 by The TZ Newswire Staff Comments Off on Greece, lenders must reach deal by early May, Deputy PM tells paper
Greece, lenders must reach deal by early May, Deputy PM tells paper
Greece and its lenders must reach a reform deal by early May to address Greece’s need for cash, Deputy Prime Minister Yannis Dragasakis said in an interview with a Greek newspaper published on Saturday. Shut out of international markets and locked in talks with its European Union and International Monetary Fund creditors over its proposed reform-for-cash deal, Greece risks running out of cash within weeks. Athens must pay the International Monetary Fund almost 1 billion euros ($1.1 billion) in May. It has said it wants to honor its obligations and needs lenders to offer something in return.
25 April, 2015 by The TZ Newswire Staff Comments Off on Up to 150,000 Bangladesh workers lost jobs after Rana Plaza safety overhaul
Up to 150,000 Bangladesh workers lost jobs after Rana Plaza safety overhaul
Some 220 garment factories have shut down in Bangladesh with the loss of up to 150,000 jobs after the collapse of Rana Plaza shone a light on unsafe working conditions in the ready-to-wear industry, triggering a wave of inspections, according to a report on Saturday. More than 1,100 workers were killed when the building collapsed in 2013, creating urgent demands for global retailers to do more to ensure the safety of their workers in Bangladesh, the world’s second biggest garment exporter after China.
25 April, 2015 by The TZ Newswire Staff Comments Off on Overview Of Our Energy Modeling Problem
Overview Of Our Energy Modeling Problem
Submitted by Gail Tverberg via Our Finite World blog,
We live in a world with limits, yet our economy needs growth. How can we expect this scenario to play out? My view is that this problem will play out as a fairly near-term financial problem, with low oil prices leading to a fall in oil production. But not everyone comes to this conclusion. What were the views of early researchers? How do my views differ?