8 January, 2016 by The TZ Newswire Staff Comments Off on Raoul Pal Explains What Indicators He Looks At To Decide If The Next Crisis Has Arrived
Raoul Pal Explains What Indicators He Looks At To Decide If The Next Crisis Has Arrived
Two months ago, RealVision’s Raoul Pal brought our readers an interview excerpt with “The Fourth Turning” author Neil Howe in which the author and current head of Saeculum Research explained “what keeps him up at night.”
8 January, 2016 by The TZ Newswire Staff Comments Off on Bank of NY Mellon is dealt setback in Sentinel bankruptcy
Bank of NY Mellon is dealt setback in Sentinel bankruptcy
The 7th U.S. Circuit Court of Appeals in Chicago said a lower court judge reviewing bankruptcy trustee Frederick Grede’s lawsuit erred in clearing the bank of wrongdoing in its dealings with Sentinel and its chief executive officer, Eric Bloom. Writing for the appeals court, Circuit Judge Richard Posner said the bank should be treated as an unsecured Sentinel creditor, not a secured creditor, because it was aware of suspicious facts that should have led it to investigate whether Northbrook, Illinois-based Sentinel was up to no good.
8 January, 2016 by The TZ Newswire Staff Comments Off on Exclusive: Viacom to allow vote on expanding shareholder rights
Exclusive: Viacom to allow vote on expanding shareholder rights
Viacom Inc (VIAB.O) will allow investors to vote in March on a proposal to extend voting rights to all shareholders, though the measure is certain to fail as it is opposed by executive chairman Sumner Redstone’s holding company. Redstone controls about 80 percent of Viacom’s Class A voting shares through his holding company, National Amusements Inc. Most outsiders hold Viacom’s Class B shares, which do not have voting rights.
8 January, 2016 by The TZ Newswire Staff Comments Off on The Chevy Bolt Is A Smart Move — but Is It Too Conservative?
The Chevy Bolt Is A Smart Move — but Is It Too Conservative?
With the Bolt, GM is making a big bet on electric vehicles. But could the bet have been bigger?
8 January, 2016 by The TZ Newswire Staff Comments Off on "Death To Saudi Arabia": Thousands Of Iranians Pour Into The Streets In Anti-Saudi Protests
"Death To Saudi Arabia": Thousands Of Iranians Pour Into The Streets In Anti-Saudi Protests
It’s now been nearly a week since Saudi Arabia set the Muslim world on fire (both figuratively and literally) by executing prominent Shiite cleric Nimr al-Nimr.
The Sheikh was a leading figure in the 2011 anti-government protests staged in the kingdom’s Eastern Province and when the House of Saud moved to silence a dissident voice once in for all last Saturday, demonstrators poured into the streets from Bahrain to Pakistan to decry the execution.
8 January, 2016 by The TZ Newswire Staff Comments Off on Gap and American Eagle Outfitters Sink as Stocks Fall
Gap and American Eagle Outfitters Sink as Stocks Fall
Indexes suffered yet another down day, which pushed the S&P 500 and the Dow lower by 6% for the week.
8 January, 2016 by The TZ Newswire Staff Comments Off on Why Is North Korea Our Problem?
Why Is North Korea Our Problem?
Submitted by Patrick Buchanan via Buchanan.org,
For Xi Jinping, it has been a rough week.
Panicked flight from China’s currency twice caused a plunge of 7 percent in her stock market, forcing a suspension of trading.
Kim Jong Un, the megalomaniac who runs North Korea, ignored Xi’s warning and set off a fourth nuclear bomb. While probably not a hydrogen bomb as claimed, it was the largest blast ever in Korea.