30 April, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Apollo goes on the road to appease debt investors
The Wall Street Journal: Apollo goes on the road to appease debt investors
Apollo Global Management is embarking on an unusual campaign to improve its image with debt investors after a series of spats between the private-equity firm and creditors in some of its troubled deals.
read more
30 April, 2015 by The TZ Newswire Staff Comments Off on First Blythe Masters, Now Goldman Investing In Bitcoin
First Blythe Masters, Now Goldman Investing In Bitcoin
When Bitcoin first appeared, its proponents valiantly claimed that the revolutionary new digital currency was nothing more than a modernized version of a legacy non-fiat currency such as gold or silver, one which would allow global transactions seamlessly and without tracking by monetary authorities, but one which was more convenient than gold as one would never actually have to hold it – the “bitcoin” could be stored safely in virtual vaults that could be accessed anywhere in the world. Most importantly, it would be a libertarian statement of non-compliance with the fiat status quo.
30 April, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Judge orders American Express to revise merchant agreements
The Wall Street Journal: Judge orders American Express to revise merchant agreements
A federal judge ordered American Express to let merchants steer customers to other forms of plastic payments, including debit cards.
read more
30 April, 2015 by The TZ Newswire Staff Comments Off on Stock Indexes Rush Lower; LinkedIn Hammered After Hours
Stock Indexes Rush Lower; LinkedIn Hammered After Hours
Sellers got out the big knives Thursday as the indexes lost chunks and leading stocks were slashed. The Nasdaq dropped for a fourth session in a row, lopping off 1.6%. The S&P 500 sliced off 1%, while the small-cap Russell 2000 axed 2.2%. The IBD 50 carved off 2%. Volume rose across the board. The action slapped the Nasdaq and S&P 500 with distribution days, even as the March 25 distribution day fell off the count.
30 April, 2015 by The TZ Newswire Staff Comments Off on Microsoft Band Continues to Improve, But Can It Stand Up to Apple Watch?
Microsoft Band Continues to Improve, But Can It Stand Up to Apple Watch?
The Microsoft Band has continued to evolve since it debuted last fall. But can the fitness-focused wearable take on Apple Watch?
30 April, 2015 by The TZ Newswire Staff Comments Off on Injuction issued against AmEx in antitrust suit
Injuction issued against AmEx in antitrust suit
A judge previously ruled that the company violated antitrust law by barring merchants from steering consumers to lower-cost cards.
30 April, 2015 by The TZ Newswire Staff Comments Off on Stocks entering May with low expectations
Stocks entering May with low expectations
Stocks typically score gains about half the time in the month of May. That compares to positive returns 75 percent of the time in April.