25 May, 2016 by The TZ Newswire Staff Comments Off on Peter Thiel, tech billionaire, reveals secret war with Gawker
Peter Thiel, tech billionaire, reveals secret war with Gawker
The entrepreneur secretly financed a lawsuit to try to put the media company out of business, the New York Times reports.
25 May, 2016 by The TZ Newswire Staff Comments Off on An Inside Look at the World’s Biggest Paper Gold Market
An Inside Look at the World’s Biggest Paper Gold Market
Every day, there are a whopping 5,500 tonnes ($212 billion) of gold traded in London, making it the largest wholesale and over-the-counter (OTC) market for gold in the world.
To put that in perspective, Visual Capitalist’s Jeff Desjardins notes that more gold is traded in London each day than what is stored at Fort Knox (4,176 tonnes). On a higher volume day, amounts closer to total U.S. gold reserves (8,133.5 tonnes) can change hands.
25 May, 2016 by The TZ Newswire Staff Comments Off on Costco Boosts Its Bottom Line Despite Sluggish Sales
Costco Boosts Its Bottom Line Despite Sluggish Sales
Investors have waited patiently for Costco Wholesale (NASDAQ: COST) to emerge from the tough period it has suffered through lately. Throughout the retail industry, many well-known companies have reported subpar results during the current earnings season, and signs that consumers might not continue to pull their weight in helping to support economic growth has weighed on sentiment in the sector.
25 May, 2016 by The TZ Newswire Staff Comments Off on 3 Things to Watch For During Palo Alto Networks Inc Earnings
3 Things to Watch For During Palo Alto Networks Inc Earnings
Investors are expecting big things from Palo Alto Networks (NYSE: PANW) when it reports fiscal 2016 third-quarter earnings after markets close May 26. Though Palo Alto’s share price is down about 16% year to date, shareholders have enjoyed a 7%-plus jump the past week leading up to its third-quarter news.
25 May, 2016 by The TZ Newswire Staff Comments Off on Quantitative Easing And The Corruption Of Corporate America
Quantitative Easing And The Corruption Of Corporate America
25 May, 2016 by The TZ Newswire Staff Comments Off on Breakaway Funding Launches Petition to Support California Equity Crowdfunding Exemption
Breakaway Funding Launches Petition to Support California Equity Crowdfunding Exemption
As previously reported, the California legislature is considering whether or not to legalize intrastate crowdfunding. This is not the first time the Golden State has attempted to create its own rules to allow investors to back small companies online. But the previous efforts fizzled as… Read More
25 May, 2016 by The TZ Newswire Staff Comments Off on iRobot Corporation Just Won Its Battle With Red Mountain
iRobot Corporation Just Won Its Battle With Red Mountain
Image source: iRobot Corporation.
You can exhale now, iRobot (NASDAQ: IRBT) investors: The Roomba maker’s crucial focus on innovation and R&D spending will remain intact for now.