22 December, 2015 by The TZ Newswire Staff Comments Off on Asian shares inch up, oil rout pauses
Asian shares inch up, oil rout pauses
Asia shares edged higher on Wednesday following a modest bounce on Wall Street, while the dollar drifted lower and oil found some relief from recent relentless selling. MSCI’s broadest index of Asia-Pacific shares outside Japan ticked up 0.4 percent to the highest in almost two weeks. The data cupboard was also bare for Asia, leaving investors waiting on a hefty helping of U.S. figures covering personal incomes and spending, inflation and durable goods orders.
22 December, 2015 by The TZ Newswire Staff Comments Off on Pentagon eyes proposal for M&A changes in ‘weeks’
Pentagon eyes proposal for M&A changes in ‘weeks’
The Pentagon and other U.S. government agencies should complete a legislative proposal in coming weeks to let regulators block proposed mergers for national security reasons, instead of just antitrust concerns, a top official said on Tuesday. Defense Undersecretary Frank Kendall, who oversees arms weapons acquisitions and industrial base issues for the Pentagon, made the comments in an interview, after first mentioning the legislative push in September. In September he raised concerns about further consolidation among the biggest players in the U.S.
22 December, 2015 by The TZ Newswire Staff Comments Off on Micron forecasts surprise loss for current quarter
Micron forecasts surprise loss for current quarter
Micron, which makes DRAM and NAND flash memory chips, forecast a loss of 5-12 cents per share and revenue of $2.9 billion-$3.2 billion for the current quarter ending March 5. Analysts on average were expecting a profit of 22 cents and revenue of $3.46 billion, according to Thomson Reuters I/B/E/S. “We have a perfect storm going on here,” Wedbush Securities analyst Betsy Van Hees said.
22 December, 2015 by The TZ Newswire Staff Comments Off on The World Economy Explained With Two Cows: New Normal Edition
The World Economy Explained With Two Cows: New Normal Edition
‘Keep It Simple Stupid’ is the underlying narrative of the “two cows explain economics” meme… but, in light of the ‘new normal’ reality unleashed by ever-intervening central planners, some of the key political, economic, and corporate systems needed a re-work…
Productivity ‘increases’… or slave labor?
22 December, 2015 by The TZ Newswire Staff Comments Off on Chipotle Falls and Whole Foods Jumps as Stocks Rise
Chipotle Falls and Whole Foods Jumps as Stocks Rise
The restaurant chain’s and the organic food grocer’s stocks have been on sharply different trajectories over the past three months.
22 December, 2015 by The TZ Newswire Staff Comments Off on Orwell’s Nightmare Is Here – China Just ‘Gamified’ Obedience To The State (And Soon It’ll Be Mandatory)
Orwell’s Nightmare Is Here – China Just ‘Gamified’ Obedience To The State (And Soon It’ll Be Mandatory)
22 December, 2015 by The TZ Newswire Staff Comments Off on The Best Exelixis, Inc. Headlines in 2015
The Best Exelixis, Inc. Headlines in 2015
The biotech reported a successful clinical trial and approval of another drug this year.