1 July, 2015 by The TZ Newswire Staff Comments Off on Greece’s Tsipras digs in against bailout
Greece’s Tsipras digs in against bailout
A defiant Prime Minister Alexis Tsipras urged Greeks on Wednesday to reject an international bailout deal, wrecking any prospect of repairing broken relations with EU partners before a referendum on Sunday that may decide Greece’s future in Europe.
1 July, 2015 by The TZ Newswire Staff Comments Off on Stocks climb on optimism over Greece situation, U.S. economy
Stocks climb on optimism over Greece situation, U.S. economy
U.S. stocks traded higher, as investors eyed better-than-expected data and the latest developments between Greece and its creditors.
1 July, 2015 by The TZ Newswire Staff Comments Off on Hillary Clinton raises record $45 million in first quarter of campaign
Hillary Clinton raises record $45 million in first quarter of campaign
Hillary Clinton’s presidential campaign raised at least $45 million during its first quarter, her campaign told Bloomberg on Wednesday. Clinton’s haul from her campaign’s launch in mid-April through June 30 is a record for primary money raised in a candidate’s first quarter. President Barack Obama held the previous record for a campaign’s first quarter, raising $41.9 million after launching his re-election bid.
1 July, 2015 by The TZ Newswire Staff Comments Off on Fannie Mae and Freddie Mac hike pay for their CEOs
Fannie Mae and Freddie Mac hike pay for their CEOs
U.S. government-controlled mortgage finance companies Fannie Mae and Freddie Mac on Wednesday disclosed huge pay raises for their chief executive officers, part of a plan sanctioned by their regulator to attract and retain talent. Fannie Mae CEO Timothy Mayopoulos and his counterpart at Freddie Mac, Donald Layton, will each now earn $4 million a year, up from previous annual salaries of $600,000. The Federal Housing Finance Agency, an independent regulator, slashed executive pay at the two companies in 2012.
1 July, 2015 by The TZ Newswire Staff Comments Off on Trump’s week gets worse: Hotel chain reportedly hacked
Trump’s week gets worse: Hotel chain reportedly hacked
The Trump Hotel Collection is suffering a credit card breach that extends back to at least February 2015.
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1 July, 2015 by The TZ Newswire Staff Comments Off on 5 mind-blowing predictions about the future from Mark Zuckerberg
5 mind-blowing predictions about the future from Mark Zuckerberg
Facebook Inc.
1 July, 2015 by The TZ Newswire Staff Comments Off on Domestic Auto Sales Tumble, Miss For 6th Of Last 7 Months (Don’t Tell Phil LeBeau)
Domestic Auto Sales Tumble, Miss For 6th Of Last 7 Months (Don’t Tell Phil LeBeau)
Judging by the smiling Phil LeBeau who earlier opined of an 8.9% plunge in For F-Series sales that “I don’t know if I’d Call that a slowdown,” you would think the US Auto industry was killing it. Apart from the fact that all but the most luxurious brands missed expectations, we sum up the month of June’s results by nothing the credit-spewed spike in May is now over and domestic car sales are continuing to trend lower. This is the biggest MoM drop since Sept 2014. As Ward’s notes, they have now missed expectations for 6 of th elast 7 months…