7 August, 2015 by The TZ Newswire Staff Comments Off on Ron Paul’s Foreign Policy Of Peace Is Central To The Message Of Freedom
Ron Paul’s Foreign Policy Of Peace Is Central To The Message Of Freedom
7 August, 2015 by The TZ Newswire Staff Comments Off on Coca-Cola near deal for organic juice company Suja: sources
Coca-Cola near deal for organic juice company Suja: sources
Coca-Cola Co is nearing a deal to buy a minority stake in U.S. organic juice company Suja Life LLC, people familiar with the matter said on Friday, as the soft drink giant tries to identify the next big …
7 August, 2015 by The TZ Newswire Staff Comments Off on Focus on Fed, euro zone’s economic health
Focus on Fed, euro zone’s economic health
The search for clues to whether the Federal Reserve will raise U.S. interest rates in September for the first time in nearly a decade is set to intensify next week. “Because this report was not extraordinarily strong, it was simply in line with expectations, that leaves the markets having to look toward other data,” said Paul Christopher, head global market strategist at Wells Fargo Investment Institute in St. Louis. July retail sales, expected on Thursday, will be the key number to look for, while comments by policymakers Dennis Lockhart and William Dudley will also be carefully scrutinized.
7 August, 2015 by The TZ Newswire Staff Comments Off on Berkshire profit falls 37 percent on investment, insurance slump
Berkshire profit falls 37 percent on investment, insurance slump
Warren Buffett’s Berkshire Hathaway Inc said on Friday its second-quarter profit fell 37 percent, reflecting a significant decline in investment gains and an underwriting loss from insurance operations, …
7 August, 2015 by The TZ Newswire Staff Comments Off on Twitter considers board shakeup, may include exit of Costolo: Bloomberg
Twitter considers board shakeup, may include exit of Costolo: Bloomberg
Twitter Inc’s board is weighing a shakeup that could involve the exit of former Chief Executive Dick Costolo, Bloomberg reported, citing people familiar with the matter. The changes may be announced when …
7 August, 2015 by The TZ Newswire Staff Comments Off on Wall Street now thinks Fed hike in September will be 2015’s only move: Reuters poll
Wall Street now thinks Fed hike in September will be 2015’s only move: Reuters poll
Top Wall Street banks still expect the Federal Reserve to raise interest rates in September, but a growing number now believe the central bank is likely to only hike once this year, a Reuters poll found on Friday. Thirteen of 19 primary dealers, or the banks that deal directly with the Fed, polled said they expect the Fed to raise rates by September but just nine now believe the Fed will hike rates twice in 2015, compared with 15 of 20 in the July Reuters poll. The median expectation for where the federal funds rate will end the year was 0.5 percent and 1.5 percent for 2016.
7 August, 2015 by The TZ Newswire Staff Comments Off on Succession feud mars legacy of Lotte Group founder
Succession feud mars legacy of Lotte Group founder
Shin Kyuk-ho, the founder of one of South Korea’s biggest and best-known conglomerates, has sought to crown his rags-to-riches success story by building the country’s tallest skyscraper. In addition to the Lotte World Tower rising on the banks of the Han river, the 92-year-old is also likely to be remembered for his failure to map out a clear succession plan that has triggered a feud so intense that it has riveted a nation accustomed to warring corporate families.