12 May, 2015 by The TZ Newswire Staff Comments Off on China’s economy may stumble, but it’s a buy: Pimco
China’s economy may stumble, but it’s a buy: Pimco
China’s economic growth looks set to miss the government’s targets, but the mainland’s markets still offer good value, Pimco said.
12 May, 2015 by The TZ Newswire Staff Comments Off on North Korea minister executed for treason
North Korea minister executed for treason
North Korea defense minister has been executed for treason in what appears to be the latest in a string of executions of senior officials. The FT reports.
12 May, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Facebook presses for more pay for janitors, cooks
The Wall Street Journal: Facebook presses for more pay for janitors, cooks
Facebook is pushing its vendors to improve pay and benefits for their workers, including wages of at least $15 an hour, in the latest example of Silicon Valley trying to address yawning economic divisions in the region.
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12 May, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: GE to sell $5 billion Japan commercial-finance operation
The Wall Street Journal: GE to sell $5 billion Japan commercial-finance operation
General Electric is putting its $5 billion Japanese commercial-finance operation up for sale, shedding a key piece of its unit GE Capital’s Asia operations as part of the company’s efforts to slim down, The Wall Street Journal reports.
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12 May, 2015 by The TZ Newswire Staff Comments Off on Cramer: Worry about rates? Don’t be silly
Cramer: Worry about rates? Don’t be silly
Mad Money host Jim Cramer discusses the impact to equities from plummeting German bonds, and the turn in Europe. He says rates in the U.S. have plenty of room to rise before the economy gets derailed.
12 May, 2015 by The TZ Newswire Staff Comments Off on Amtrak train derails in Philadephia, 50 injured
Amtrak train derails in Philadephia, 50 injured
Dozens of people were reportedly injured Tuesday night when an Amtrak train crashed near Philadelphia. At least 50 were hurt. NBC News reports.
12 May, 2015 by The TZ Newswire Staff Comments Off on America’s Achilles’ Heel
America’s Achilles’ Heel
Submitted by Dmitry Orlov via Club Orlov blog,
Last Saturday, a massive Victory Parade was held in Moscow commemorating the 70-year anniversary of the surrender of Nazi Germany to the Red Army and the erection of the Soviet flag atop the Reichstag in Berlin. There were a few unusual aspects to this parade, which I would like to point out, because they conflict with the western official propaganda narrative.