20 May, 2015 by The TZ Newswire Staff Comments Off on Hong Kong company sees $22M wiped off share price
Hong Kong company sees $22M wiped off share price
Shares of Goldin Financial Holdings and Goldin Properties Holdings fell more than 55 percent in Hong Kong on Thursday.
20 May, 2015 by The TZ Newswire Staff Comments Off on Not lovin’ it: Hundreds protest at McDonald’s HQ
Not lovin’ it: Hundreds protest at McDonald’s HQ
Hundreds of protesters marched around McDonald’s suburban Chicago headquarters Wednesday, calling for pay of $15 an hour and a union.
20 May, 2015 by The TZ Newswire Staff Comments Off on Price worries persist for Obamacare market plans
Price worries persist for Obamacare market plans
More than 40 percent of people with individual health plans say it is very or somewhat difficult to pay their premiums.
20 May, 2015 by The TZ Newswire Staff Comments Off on Portugal’s "Left-Wing" Forces Threaten Troika Revolt
Portugal’s "Left-Wing" Forces Threaten Troika Revolt
As we discussed on Wednesday, Europe — and now at least one ratings agency — is doing its very best to trigger a terminal bank run in Greece and thereby deal the final, destabilizing blow to the country’s radical socialist saviors (Syriza) who, in the event the ATMs go dark or depositors end up Cyprus’d, would be forced to either concede to each and every Troika demand in order to get a deal (thus abandoning campaign promises and its entire mandate in the proce
20 May, 2015 by The TZ Newswire Staff Comments Off on Bin Laden’s books reveal obsession with conspiracies
Bin Laden’s books reveal obsession with conspiracies
New documents offer fascinating clues into Osama bin Laden’s life, and al Qaeda’s efforts to develop new lines of attack.
20 May, 2015 by The TZ Newswire Staff Comments Off on Weak China factories chill hopes for global bounce, U.S. lift needed
Weak China factories chill hopes for global bounce, U.S. lift needed
The lackluster performance in China and Japan, along with alarmingly weak export data from South Korea and Taiwan, put the burden of supporting global growth squarely on Europe and particularly the United States, which is struggling to get back on track after a fierce winter. China’s factory activity contracted for the third straight month in May as domestic and export orders shrank, a private survey showed, adding to views that Beijing will have to roll out its most aggressive stimulus measures since the global financial crisis to avert a sharper slowdown.
20 May, 2015 by The TZ Newswire Staff Comments Off on Lenovo annual profit up 1 percent, misses forecasts, on IBM, Motorola deals
Lenovo annual profit up 1 percent, misses forecasts, on IBM, Motorola deals
Lenovo Group Ltd , the world’s biggest PC maker by sales, said on Thursday its annual net profit rose one percent to $829 million, slightly below analyst expectations, as it completed two major acquisitions during that year. The Beijing-based firm closed in October its $2.1 billion acquisition of IBM’s low-end server unit and also its $2.9 billion purchase of Motorola, and these purchases weighed on its profit for the year that ended March 31. Analysts had forecast a net profit of $857 million.