20 May, 2015 by The TZ Newswire Staff Comments Off on America’s Most Business-Friendly Cities: Dallas: America’s friendliest city for business
America’s Most Business-Friendly Cities: Dallas: America’s friendliest city for business
The Dallas–Fort Worth metro area comes out on top in a MarketWatch study of the most business-friendly cities in the U.S.
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20 May, 2015 by The TZ Newswire Staff Comments Off on Stocks Drift, But Southwest, Other Airlines Whacked
Stocks Drift, But Southwest, Other Airlines Whacked
Stocks fell slightly going into the noon hour Wednesday with volume tracking lower on the NYSE and Nasdaq exchanges. The Nasdaq and the S&P 500 fell less than 0.1% and the Dow Jones industrial average was flat in the stock market today. Airlines were down sharply. Southwest Airlines (LUV) CFO Tammy Romo said at a conference that Q2 passenger revenue per available seat mile, a key metric, would decline 4% from a year ago.
20 May, 2015 by The TZ Newswire Staff Comments Off on Six banks pay $5.8B, five plead guilty to rigging foreign-exchange prices
Six banks pay $5.8B, five plead guilty to rigging foreign-exchange prices
Six of the world’s biggest banks will pay $5.8 billion and five of them agreed to plead guilty to charges tied to a currency-rigging probe as they seek to wind down almost half a decade of…
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20 May, 2015 by The TZ Newswire Staff Comments Off on Barclays Loses Several Prime Brokerage Execs
Barclays Loses Several Prime Brokerage Execs
Several executives in Barclays hedge-fund financing unit are leaving to join other firms, the latest sign of churn in global prime-brokerage ranks as banks realign their businesses under new regulatory constraints.
20 May, 2015 by The TZ Newswire Staff Comments Off on What if data Fed is watching is not ‘dependable’?
What if data Fed is watching is not ‘dependable’?
This afternoon, the minutes from the Fed’s April meeting will be released. Will policy makers be shown downplaying weak first-quarter growth?
20 May, 2015 by The TZ Newswire Staff Comments Off on The 5 US states where China invests the most
The 5 US states where China invests the most
A new report shows more than 80,000 Americans are employed by Chinese companies, up from 15,000 five years ago. Here’s where those jobs are.
20 May, 2015 by The TZ Newswire Staff Comments Off on Chinese solar maker plunges, losing nearly $19 billion in 24 minutes
Chinese solar maker plunges, losing nearly $19 billion in 24 minutes
The decline of Hanergy Thin Film Solar Group Ltd. was as spectacular and inexplicable as its ascent. Just 24 minutes of Hong Kong trading erased $18.6 billion of market value and wiped out almost four months of gains that made it more valuable than Sony Corp. of Japan. The maker of solar equipment controlled by Li Hejun suspended trading after the stock plummeted 47 percent in the morning.