20 May, 2015 by The TZ Newswire Staff Comments Off on Small food makers on fast path to U.S. store shelves, threatening big producers
Small food makers on fast path to U.S. store shelves, threatening big producers
Small U.S. food manufacturers once toiled for decades to develop a critical mass of fans for their products. Now, an increasing number of privately-held players are going from garage to grocery store in fewer than five years thanks to an erosion of barriers to entry within the food industry. The trend is visible everywhere from gluten-free and organic foods to more traditional fare, according to interviews with half a dozen startups, as well as retailers and industry consultants.
20 May, 2015 by The TZ Newswire Staff Comments Off on McDonald’s shareholders to weigh director-nomination rules
McDonald’s shareholders to weigh director-nomination rules
LOS ANGELES/BOSTON (Reuters) – McDonald’s Corp (MCD.N) shareholders will vote Thursday on a proposal that would make it easier to nominate directors to the board of the fast-food chain, which is in turnaround mode after losing customers and sales to competition and after internal missteps. The California Public Employees’ Retirement System (Calpers) and the New York City Pension Funds have urged shareholders to vote for proxy access at McDonald’s, and influential proxy advisory firms Institutional Investor Services and Glass Lewis & Co have recommended that their clients support it.
20 May, 2015 by The TZ Newswire Staff Comments Off on Market Extra: There may be a simple, overlooked reason for the EU bond meltdown
Market Extra: There may be a simple, overlooked reason for the EU bond meltdown
The recent meltdown in the eurozone’s bond market could be explained by the rules of supply and demand.
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20 May, 2015 by The TZ Newswire Staff Comments Off on Is Switzerland The Ultimate Safe Haven For Liberty And Wealth?
Is Switzerland The Ultimate Safe Haven For Liberty And Wealth?
20 May, 2015 by The TZ Newswire Staff Comments Off on Once-Unthinkable Criminal Pleas by U.S. Banks Get Investor ‘Meh’
Once-Unthinkable Criminal Pleas by U.S. Banks Get Investor ‘Meh’
Investors yawned at the news Wednesday that five of the world’s biggest banks, including JPMorgan Chase & Co. and Citigroup Inc., agreed to plead guilty in a currency- rigging probe. They’re among six banks that will pay $5.8 billion in fines.
20 May, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar lower against yen on profit taking after rally
Currencies: Dollar lower against yen on profit taking after rally
The greenback met with selling on its recovery with investors locking in profits following the recent rally.
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20 May, 2015 by The TZ Newswire Staff Comments Off on Barclays to Pay $115 Million to Settle ISDAfix Manipulation
Barclays to Pay $115 Million to Settle ISDAfix Manipulation
Barclays Plc agreed to pay $115 million to resolve claims it attempted to manipulate a key interest-rate benchmark two years after a Commodity Futures Trading Commission investigation was made public.