12 May, 2015 by The TZ Newswire Staff Comments Off on Why you should care about Verizon’s bid for AOL
Why you should care about Verizon’s bid for AOL
The more consolidated these industries get, the worse it could be for consumers.
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12 May, 2015 by The TZ Newswire Staff Comments Off on If You’ve Got $65 Million And A Robber Barron Itch To Scratch, This Midtown Mansion’s Got Your Name Written All Over It
If You’ve Got $65 Million And A Robber Barron Itch To Scratch, This Midtown Mansion’s Got Your Name Written All Over It
You could drop a nice chunk of change on some cookie cutter condo or you could spend that money on a place that throws it back…turn of the 19th century back.
12 May, 2015 by The TZ Newswire Staff Comments Off on China outlook even worse than imagined: Analyst
China outlook even worse than imagined: Analyst
The worst of the Chinese slowdown is likely still ahead because of the nation’s debt, according to a senior Morgan Stanley investment strategist.
12 May, 2015 by The TZ Newswire Staff Comments Off on Tom Brady merchandise sales instantly double
Tom Brady merchandise sales instantly double
Customer demand for Tom Brady-themed merchandise has doubled since the quarterback’s suspension for deflategate, a major merchant says.
12 May, 2015 by The TZ Newswire Staff Comments Off on In auction for RadioShack name, bid stands at $15 million
In auction for RadioShack name, bid stands at $15 million
The auction for bankrupt electronic retailer RadioShack’s name and customer data will resume on Tuesday with bidding at $15 million, according to a lawyer tracking the sale. The high bidder is an affiliate of the Standard General hedge fund, which acquired 1,740 RadioShack stores in April, according to Adrienne Walker of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo. Walker represents a group of RadioShack’s U.S. independent dealers and franchisees.
12 May, 2015 by The TZ Newswire Staff Comments Off on Billionaire Paulson Scores Hedge Fund Wins in April
Billionaire Paulson Scores Hedge Fund Wins in April
Billionaire John Paulson’s hedge funds gained in April after successful wagers on energy, mergers and Greek banks. Paulson Partners gained 1.5 percent last month and 6.1 percent this year, said the people. The hedge fund manager, who made $15 billion in 2007 betting against U.S. mortgages, is rebounding from the firm’s second-worst year on record. SkyBridge Capital, which allocates about $13.1 billion to hedge funds, said this month that it’s favoring event-driven managers such as Paulson because they can make money in a bull market.
12 May, 2015 by The TZ Newswire Staff Comments Off on Trade deal ‘fast-track’ stumbles ahead of vote
Trade deal ‘fast-track’ stumbles ahead of vote
A major trade deal may have failed its first test in the Senate, as a key Democrat said he would vote against a procedural vote.