9 August, 2016 by The TZ Newswire Staff Comments Off on Chevron Reprieve on $8.6 Billion Ecuador Fine (CVX)
Chevron Reprieve on $8.6 Billion Ecuador Fine (CVX)
Despite this legal victory, the legal case against Chevron for its pollution of the Ecuadorian rainforest is probably far from over.
9 August, 2016 by The TZ Newswire Staff Comments Off on How to Secure Bitcoin Exchanges, or Why All Hope Is Not Lost
How to Secure Bitcoin Exchanges, or Why All Hope Is Not Lost
Last week’s Bitfinex hack, in which Bitcoin’s leading exchange lost almost 120,000 bitcoins valued some $70 million USD at the time, represented a depressing realization for the Bitcoin community.
9 August, 2016 by The TZ Newswire Staff Comments Off on Why Wireless Carriers Are Raising Rates
Why Wireless Carriers Are Raising Rates
Image source: Getty Images.
9 August, 2016 by The TZ Newswire Staff Comments Off on Steinhoff Takes Over Mattress Firm in $3.8B Deal
Steinhoff Takes Over Mattress Firm in $3.8B Deal
Following a few rocky quarters, Mattress Firm (NASDAQ: MFRM) investors may finally be able to get a good night’s sleep after the owner of Sleepy’s announced that it will be acquired for $3.8 billion, including debt. Privately held Steinhoff, which has been described as “South Africa’s Ikea”, will be buying the firm for $64 per share, more than double its pre-announcement closing price of $29.74 per share.
9 August, 2016 by The TZ Newswire Staff Comments Off on Steinhoff Takes Over Mattress Firm in $3.8B Deal
Steinhoff Takes Over Mattress Firm in $3.8B Deal
Following a few rocky quarters, Mattress Firm (NASDAQ: MFRM) investors may finally be able to get a good night’s sleep after the owner of Sleepy’s announced that it will be acquired for $3.8 billion, including debt. Privately held Steinhoff, which has been described as “South Africa’s Ikea”, will be buying the firm for $64 per share, more than double its pre-announcement closing price of $29.74 per share.
9 August, 2016 by The TZ Newswire Staff Comments Off on Expect bearish trend ahead for oil, says Morgan Stanley’s Longson
Expect bearish trend ahead for oil, says Morgan Stanley’s Longson
A number of headwinds could knock oil prices down as low as $35, Morgan Stanley’s Adam Longson said.
9 August, 2016 by The TZ Newswire Staff Comments Off on Inheriting an IRA: Tax Rules You Should Know
Inheriting an IRA: Tax Rules You Should Know
Don’t get hit with a 50% penalty because you don’t know the required minimum distribution (RMD) rules for IRA beneficiaries.