21 July, 2015 by The TZ Newswire Staff Comments Off on Oil guru who called 2014 slump sees a return to $100 crude
Oil guru who called 2014 slump sees a return to $100 crude
Gary Ross, the founder of consultants PIRA Energy Group, said oil markets aren’t nearly as oversupplied as many believe and spare capacity is tight since Saudi Arabia is pumping all the crude it can without new drilling.
21 July, 2015 by The TZ Newswire Staff Comments Off on Report suggest US children left behind in economic recovery
Report suggest US children left behind in economic recovery
A new report on child welfare that found more U.S. children living in poverty than before the Great Recession belies the fanfare of the nation’s economic turnaround. Twenty-two percent of American children …
21 July, 2015 by The TZ Newswire Staff Comments Off on Can Google Take On Amazon, Others in Home Services?
Can Google Take On Amazon, Others in Home Services?
The company has hired the staff of a failed startup in the space.
21 July, 2015 by The TZ Newswire Staff Comments Off on Oil steadies as dollar eases, but oversupply in focus
Oil steadies as dollar eases, but oversupply in focus
Brent crude edged off session lows, lifted by comments from U.S. Secretary of State John Kerry, who said Iranian Supreme Leader Ali Khamenei’s vow at the weekend to defy American policies in the region was “very disturbing”. “The Kerry comments are worrying,” said Tamas Varga, analyst at London brokerage PVM Oil Associates. Brent has fallen in 10 of the last 12 months, making this its weakest period since 2008.
21 July, 2015 by The TZ Newswire Staff Comments Off on Apple earnings in focus for Wall Street
Apple earnings in focus for Wall Street
U.S. stocks were expected to open a touch weaker on Tuesday, as earnings season gets into full swing with the likes of Apple reporting this session.
21 July, 2015 by The TZ Newswire Staff Comments Off on Verizon tops 2Q profit forecasts
Verizon tops 2Q profit forecasts
Verizon Communications Inc. (VZ) on Tuesday reported second-quarter earnings of $4.23 billion. On a per-share basis, the New York-based company said it had net income of $1.04. The results exceeded Wall …
21 July, 2015 by The TZ Newswire Staff Comments Off on Harley-Davidson second-quarter earnings fall, beat expectations
Harley-Davidson second-quarter earnings fall, beat expectations
Harley-Davidson Inc. on Tuesday posted a lower quarterly net profit as the strong U.S. dollar hurt international sales while the company’s foreign competitors cut prices. The company beat analysts’ expectations …