28 August, 2015 by The TZ Newswire Staff Comments Off on Here’s How Long Saudi Arabia’s US Treasury Stash Will Last Under $30, $40, And $50 Crude
Here’s How Long Saudi Arabia’s US Treasury Stash Will Last Under $30, $40, And $50 Crude
On Friday we explained why the most important chart in global finance may well be the combined FX reserves of Saudi Arabia and China plotted against the yield on the 10Y.
28 August, 2015 by The TZ Newswire Staff Comments Off on What CalAmp’s New Deal With Toyota Industrial Means for Investors
What CalAmp’s New Deal With Toyota Industrial Means for Investors
Hint: CalAmp’s latest deal is bigger than you might think.
28 August, 2015 by The TZ Newswire Staff Comments Off on Focus turns to U.S. data as China slowdown looms
Focus turns to U.S. data as China slowdown looms
After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market’s recent wild swings. The economic figures will culminate in Friday’s jobs report that should reveal more about the strength of the U.S. economy.
28 August, 2015 by The TZ Newswire Staff Comments Off on Fed says rate hike next month hinges on market volatility
Fed says rate hike next month hinges on market volatility
The Federal Reserve on Friday left the door open to a September interest rate hike even while several U.S. central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay the first policy tightening in nearly a decade. Some top policymakers, including Fed Vice Chairman Stanley Fischer, said recent volatility in global markets could quickly ease and possibly pave the way for the U.S. rate hike, for which investors, governments and central banks around the world are bracing. With a key policy meeting set for Sept.
28 August, 2015 by The TZ Newswire Staff Comments Off on Unions set sights on e-commerce and manufacturing firms after NLRB ruling
Unions set sights on e-commerce and manufacturing firms after NLRB ruling
On Thursday the National Labor Relations Board (NLRB) ruled the owner of a California recycling plant was a “joint employer” with the contractor that hired workers at the plant, essentially forcing both to bargain with the union together or risk violating U.S. labor law. Business groups, arguing that the ruling could lead to higher costs and hurt the economy, are pushing the Republican-led Congress to overturn it, in part it because the company named in the decision – Browning-Ferris – cannot challenge it in a federal court without overcoming a number of procedural hurdles.
28 August, 2015 by The TZ Newswire Staff Comments Off on Exclusive: Russia’s Kaspersky threatened to ‘rub out’ rival, email shows
Exclusive: Russia’s Kaspersky threatened to ‘rub out’ rival, email shows
In 2009, Eugene Kaspersky, co-founder of one of the world’s top security companies, told some of his lieutenants that they should attack rival antivirus software maker AVG Technologies N.V. (AVG.N) by “rubbing them out in the outhouse,” one of several previously undisclosed emails shows. Former employees say that the reprisal Kaspersky was pushing for was to trick AVG’s antivirus software into producing false positives – that is, misclassifying clean computer files as infected.
28 August, 2015 by The TZ Newswire Staff Comments Off on Exclusive: Carlyle looks to sell Landmark Aviation for $1.7 billion
Exclusive: Carlyle looks to sell Landmark Aviation for $1.7 billion
Carlyle initially looked at cashing out of Landmark via a stock market listing, but in the past few months has broadened out that process to include a possible outright sale. Two of the sources said that Landmark Aviation’s earnings before interest, taxes, depreciation and amortization (EBITDA) were around $170 million over a trailing 12-month period. Carlyle declined to comment.