15 July, 2015 by The TZ Newswire Staff Comments Off on Does Intel Corp. Still Have a Shot of Winning the iPhone?
Does Intel Corp. Still Have a Shot of Winning the iPhone?
In 2015 and 2016 it seems unlikely, but a 2017 win seems possible.
15 July, 2015 by The TZ Newswire Staff Comments Off on Stocks Erase Gains As Selling Picks Up In Afternoon
Stocks Erase Gains As Selling Picks Up In Afternoon
The stock market gave up all gains in late trading. The Nasdaq and S&P 500 were down less than 0.3%, while the Dow Jones industrial average fell 0.2%. Small caps were worse off, with the Russell 2000 down 0.6%. Volume was running higher on the NYSE but lower on the Nasdaq. Airlines were one of the best groups in stock market today, even after Delta Air Lines (DAL) topped profit estimates but warned of weaker passenger revenue.
15 July, 2015 by The TZ Newswire Staff Comments Off on Reluctant Tsipras fights to pass reforms in Greek parliament
Reluctant Tsipras fights to pass reforms in Greek parliament
Prime Minister Alexis Tsipras fought to contain a backlash from his own leftwing party on Wednesday as parliament prepared to vote on a sweeping austerity package European partners have demanded for a new bailout to keep Greece in the euro. The ruling Syriza party, elected in January on an anti-austerity platform, has been deeply split by the bailout deal that a reluctant Tsipras was forced to accept after gruelling negotiations in Brussels this week.
15 July, 2015 by The TZ Newswire Staff Comments Off on Carmakers vie for pole position in post-sanctions Iran
Carmakers vie for pole position in post-sanctions Iran
BERLIN/PARIS, July 15 (Reuters) – Carmakers are racing for Iran following the country’s breakthrough nuclear deal with western powers – pitting past market leader PSA Peugeot Citroen against challengers such as Volkswagen. Within hours of the announcement of a final deal on Tuesday, Paris-based Peugeot had outlined plans for new Iranian production to reclaim and defend the leading market position it held before sanctions were tightened four years ago.
15 July, 2015 by The TZ Newswire Staff Comments Off on British banks complain of 40 billion pound extra tax bill
British banks complain of 40 billion pound extra tax bill
Britain’s banks will have been hit by an additional 40 billion pound tax bill by the end of this decade, harming their ability to lend to businesses and create new jobs, an industry lobby group said on Wednesday. Finance Minister George Osborne said last week that the government would replace a levy on bank balance sheets with a surcharge on profits, but the two schemes will run concurrently until 2020, placing an additional burden on lenders.
15 July, 2015 by The TZ Newswire Staff Comments Off on Why Shares in PTC Therapeutics, Inc. Are Soaring 10% Higher Today
Why Shares in PTC Therapeutics, Inc. Are Soaring 10% Higher Today
Investor optimism for PTC Therapeutics is climbing ahead of confirmatory phase 3 results that could advance a U.S. filing for approval.
15 July, 2015 by The TZ Newswire Staff Comments Off on Marijuana could be a $35 billion market by 2020
Marijuana could be a $35 billion market by 2020
If all 50 states were to approve marijuana for medical and recreational use, it could be a big earner.
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