23 July, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Technicolor to buy Cisco set-top box unit for about $600 million
The Wall Street Journal: Technicolor to buy Cisco set-top box unit for about $600 million
The network equipment maker has struggled in the sector lately and lost sales to rivals.
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23 July, 2015 by The TZ Newswire Staff Comments Off on 2017 could prove to be gold’s ‘magic’ year
2017 could prove to be gold’s ‘magic’ year
Gold might have lost 40 percent of its price over the last four years, but analysts are already predicting a possible bottom.
23 July, 2015 by The TZ Newswire Staff Comments Off on Jobless claims drop to 41-1/2-year low
Jobless claims drop to 41-1/2-year low
The number of Americans filing new applications for unemployment benefits last week fell to its lowest level in more than 41-1/2 years. Initial claims for state unemployment benefits declined 26,000 to a seasonally adjusted 255,000, the lowest level since November 1973.
23 July, 2015 by The TZ Newswire Staff Comments Off on Big-name investors stand atop a welcome ‘wall of worry’
Big-name investors stand atop a welcome ‘wall of worry’
An overlay of anxiety continues to hang over the market debate. Is this a healthy thing?
23 July, 2015 by The TZ Newswire Staff Comments Off on General Motors Earnings: A Big Jump in Profits
General Motors Earnings: A Big Jump in Profits
Big truck sales in the U.S. — and a hot-selling new SUV in China — drove strong gains for GM in the second quarter.
23 July, 2015 by The TZ Newswire Staff Comments Off on Harley-Davidson recalling 185,000 bikes
Harley-Davidson recalling 185,000 bikes
Harley-Davidson is recalling more than 185,000 motorcycles in the U.S. because the saddlebags can come loose and fall off, increasing the risk of a crash.
23 July, 2015 by The TZ Newswire Staff Comments Off on Japan’s Financial Times: Nikkei Buys FT
Japan’s Financial Times: Nikkei Buys FT
Just minutes after rumors of Axel Springer Verlag’s interest in buying The Financial Times were flatly denied, Marketwatch reports that Japanese financial newspaper Nikkei said Thursday that it is buying Financial Times from U.K. publishing group Pearson for 160 billion yen, or $1.29 billion.