9 May, 2015 by The TZ Newswire Staff Comments Off on Isolated? China & Russia Celebrate Victory Day Together, Obama Absent
Isolated? China & Russia Celebrate Victory Day Together, Obama Absent
9 May, 2015 by The TZ Newswire Staff Comments Off on Hundreds Leave "Boss-less" Zappos As "Get-Paid-To-Quit" Scheme Backfires
Hundreds Leave "Boss-less" Zappos As "Get-Paid-To-Quit" Scheme Backfires
Many workers dream of one day being their own boss. At online clothing retailer Zappos — an independent subsidiary of Amazon — employees can realize that dream via the company’s “Holacratic” corporate culture.
9 May, 2015 by The TZ Newswire Staff Comments Off on Transformer Explosion At The Indian Point Nuclear Facility Near New York Is ‘Contained’
Transformer Explosion At The Indian Point Nuclear Facility Near New York Is ‘Contained’
The words “explosion”, “New York”, “black smoke”, and “nuclear” strike fear into the heart of most people but according to Entergy – who runs Indian Point, “the nuclear facility has been safely shutdown following a transformer failure.” Reports of a loud blast at the nuclear facility just 38 miles north of New York, with dense black smoke rising from Unit 3 are no concern and represent “no danger to public health and safety.” The plant, which dates back to 1962 (although the currently used reactors were installed later in the 70s) had just been brought back online o
9 May, 2015 by The TZ Newswire Staff Comments Off on A Multinational Trojan Horse: The Trans-Pacific Partnership
A Multinational Trojan Horse: The Trans-Pacific Partnership
Submitted by Dave Pruett via Like The Dew blog,
“The accumulation of all powers, legislative, executive, and judiciary, in the same hands, … may justly be pronounced the very definition of tyranny.” – James Madison in The Federalist Papers.
You don’t have to know much about the “trade” deal called the Trans-Pacific Partnership (TPP) to be more than a little suspicious.
9 May, 2015 by The TZ Newswire Staff Comments Off on The Average American Spends $140 per Day. Here’s Where It Goes — How Do You Compare?
The Average American Spends $140 per Day. Here’s Where It Goes — How Do You Compare?
The rich make this view skewed, so we broke the numbers down further.
9 May, 2015 by The TZ Newswire Staff Comments Off on Two Years Later, The VaR Shock Is Back
Two Years Later, The VaR Shock Is Back
In “Bursting Bund Bubble: 2 Charts And Some Lessons From History,” we recapped the sell-off in German government bonds, touching on the severity of the yield spike (with emphasis on Thursday’s intraday move above 77bps), the breakdown in the historical relationship between Bunds and Treasurys/Gilts, and parallels between the rout and the 2003 sell-off in JGBs.