29 July, 2016 by The TZ Newswire Staff Comments Off on IRS Slaps Facebook with Potential $5 Billion Tax Bill
IRS Slaps Facebook with Potential $5 Billion Tax Bill
“Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” –Ronald Reagan
29 July, 2016 by The TZ Newswire Staff Comments Off on Church pastor faces manslaughter charges after deadly fire at Brooklyn SRO
Church pastor faces manslaughter charges after deadly fire at Brooklyn SRO
Nearly two years after a deadly fire at an illegal Brooklyn SRO, the church pastor who owned the building was charged with manslaughter and criminally negligent homicide. Prosecutors said Luckner Lorient, a 78-year-old pastor, ignored orders from the city’s Department of Buildings to vacate the three-story, wood-frame building at 1434 Flatbush Avenue, the New York Times reported.
29 July, 2016 by The TZ Newswire Staff Comments Off on Ford Posts Strong Q2, but Misses Profit Estimates, and Guidance Faces Challenges
Ford Posts Strong Q2, but Misses Profit Estimates, and Guidance Faces Challenges
Super Duty launch costs will weigh on the third-quarter. Image source: Ford Motor Company.
Early Thursday morning, Ford Motor Company (NYSE: F) investors heard the words they hoped wouldn’t be spoken in 2016.
“We’re starting to see a maturation of the economic cycle,” said Ford Chief Financial Officer Bob Shanks, according to the Associated Press.
29 July, 2016 by The TZ Newswire Staff Comments Off on Nicola Horlick’s P2P Lender Money&Co. Receives Chinese Investment
Nicola Horlick’s P2P Lender Money&Co. Receives Chinese Investment
Money&Co., a peer to peer lender targeting small businesses, has signed an agreement to receive investment capital from the Chinese Overseas Consortium Development Company. According to information provided by the P2P lender, this is the third funding round and values the company at over £20… Read More
29 July, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Hillary Clinton captures more than twice the hedge-fund donations as Donald Trump
The Wall Street Journal: Hillary Clinton captures more than twice the hedge-fund donations as Donald Trump
Political donations from hedge fund owners and employees have increased this cycle.
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29 July, 2016 by The TZ Newswire Staff Comments Off on Market Extra: Why some see unloved health-care stocks as a ‘screaming’ buy
Market Extra: Why some see unloved health-care stocks as a ‘screaming’ buy
Investors looking for bargains at a time when markets are hitting all-time highs and valuations are running above historical averages need only to look at the health-care sector, according to some analysts
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29 July, 2016 by The TZ Newswire Staff Comments Off on Yen demand returns as month-end USDJPY sales kick in
Yen demand returns as month-end USDJPY sales kick in
It’s been a roller-coaster ride for yen pairs following the BOJ 29 July
A decent rally in USDJPY to post 103.95 has been met by month-end USD sales and that’s seen the pair all the way back down to 102.25.