4 May, 2015 by The TZ Newswire Staff Comments Off on Cisco CEO Chambers to step down, to be exec chair
Cisco CEO Chambers to step down, to be exec chair
Cisco Systems on Monday named Chuck Robbins as its next CEO, effective July 26.
4 May, 2015 by The TZ Newswire Staff Comments Off on Cisco CEO Chambers to step down, to be exec chair
Cisco CEO Chambers to step down, to be exec chair
Cisco Systems on Monday named Chuck Robbins as its next CEO, effective July 26.
4 May, 2015 by The TZ Newswire Staff Comments Off on NewsWatch: Listen to your mother: 6 tips for a better financial future
NewsWatch: Listen to your mother: 6 tips for a better financial future
4 May, 2015 by The TZ Newswire Staff Comments Off on NewsWatch: Listen to your mother: 6 tips for a better financial future
NewsWatch: Listen to your mother: 6 tips for a better financial future
4 May, 2015 by The TZ Newswire Staff Comments Off on Buffett remains confident in IBM’s business prospects
Buffett remains confident in IBM’s business prospects
Investor Warren Buffett says he remains confident in IBM’s future, and his Berkshire Hathaway added to its stake in the technology firm earlier this year. Buffett appeared on CNBC Monday morning after …
4 May, 2015 by The TZ Newswire Staff Comments Off on Tesla faces competition for customers, subsidies
Tesla faces competition for customers, subsidies
Tesla Motors Inc’s plan to generate new revenue by repackaging electric car batteries as home and business power storage systems faces stiff competition for both customers and the government subsidies that are critical to the market’s growth. At the unveiling of its suite of storage battery systems on Thursday, Tesla Chief Executive Elon Musk said at a company event near Los Angeles the new Tesla Energy was far ahead of its competition in offering an integrated system for generating solar power and storing it on-site.
4 May, 2015 by The TZ Newswire Staff Comments Off on Oil hits 2015 high as traders look beyond ample current supply
Oil hits 2015 high as traders look beyond ample current supply
Brent crude (LCOc1) was up 39 cents to $66.85 a barrel by 1046 GMT (6.46 a.m. EDT), after hitting a 2015 peak of $67.00. What the market really wants to see is supply being cut to match the demand level,” said Ric Spooner, chief market analyst at Sydney’s CMC Markets. Brent has rallied by more than 40 percent from a near six-year low of $45.19 in January, supported by expectations of a tighter future supply and demand balance, as well as a weaker dollar and tension in the Middle East.