1 August, 2015 by The TZ Newswire Staff Comments Off on Chinese Company Replaces Humans With Robots, Production Skyrockets, Mistakes Disappear
Chinese Company Replaces Humans With Robots, Production Skyrockets, Mistakes Disappear
“I believe that anyone who has a job and works full time, they should be able to pay the things that sustain life: food, shelter and clothing. I can’t even do that.”
That rather depressing quote is from 61-year old Rebecca Cornick. She’s a grandmother and a 9-year Wendy’s veteran who spoke to CBS News. Rebecca makes $9 an hour and her plight is representative of fast food workers across the country who are campaigning for higher pay.
1 August, 2015 by The TZ Newswire Staff Comments Off on Why US Silica, Emerge Energy Services, and Westmoreland Coal All Surged This Week
Why US Silica, Emerge Energy Services, and Westmoreland Coal All Surged This Week
Earnings season drives US Silica, Emerge Energy Services, and Westmoreland Coal all higher this week.
1 August, 2015 by The TZ Newswire Staff Comments Off on Is SunEdison Trying to Conquer the Wind Industry With This $2 Billion Acquisition?
Is SunEdison Trying to Conquer the Wind Industry With This $2 Billion Acquisition?
A $2 billion deal with Invenergy is only the latest in a number of transactions that distinguish SunEdison as a dominating force in the wind industry.
1 August, 2015 by The TZ Newswire Staff Comments Off on Don’t Exaggerate Significance of SNB’s Loss
Don’t Exaggerate Significance of SNB’s Loss
The Swiss National Bank reported a record CHF50.1 bln loss. It has got the chins wagging, but the real implications are minor. The losses are not realized and are unlikely to be repeated. In fact, if the SNB’s report had covered the month of July, the loss would likely have been smaller.
1 August, 2015 by The TZ Newswire Staff Comments Off on The ‘Calamitous Club’ has a new member: Brazil
The ‘Calamitous Club’ has a new member: Brazil
According to research from Deutsche Bank, surging inflation puts Brazil squarely in the company of the Calamitous Club.
1 August, 2015 by The TZ Newswire Staff Comments Off on Trex Co. Inc. Moving From Turnaround to International Growth?
Trex Co. Inc. Moving From Turnaround to International Growth?
The decking company will soon announce its last quarter under the CEO responsible for turning its around. What can investors expect?
1 August, 2015 by The TZ Newswire Staff Comments Off on Near-Term Dollar Outlook
Near-Term Dollar Outlook
The unexpectedly record low increase in Q2 US Employment Cost Index unwound the some of the dollar’s weekly gains and neutralized the near-term technical outlook. Next week’s nonfarm payrolls are still critical, and the weakness may put even greater burden on the jobs data to demonstrate that slack is indeed being absorbed.