18 August, 2016 by The TZ Newswire Staff Comments Off on Dollar nurses losses vs euro after Fed minutes quash hawks’ hopes
Dollar nurses losses vs euro after Fed minutes quash hawks’ hopes
The dollar wallowed close to eight-week lows against the euro on Friday, after Fed minutes revealed policymakers were in no hurry to hike rates.
18 August, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Viacom feud may soon be settled, with CEO’s ouster
The Wall Street Journal: Viacom feud may soon be settled, with CEO’s ouster
The long struggle for power in Sumner Redstone’s media empire is nearing a conclusion.
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18 August, 2016 by The TZ Newswire Staff Comments Off on Why A Deutsche Bank Whistleblower Turned Down A $8.25 Million Reward: In His Own Words
Why A Deutsche Bank Whistleblower Turned Down A $8.25 Million Reward: In His Own Words
At the height of the financial crisis, when risk assets were imploding and counterparties were in danger of overnight collapse, Deutsche Bank avoided failure and nationalization by fabricating the value of its $130 billion derivative portfolio of “leveraged super senior” trades.
18 August, 2016 by The TZ Newswire Staff Comments Off on Netflix Won’t Increase Its Content Budget, Unless It’s For Originals
Netflix Won’t Increase Its Content Budget, Unless It’s For Originals
Image source: Netflix
Content for streaming video services like Netflix (NASDAQ: NFLX) is getting more and more expensive, as media companies like Time Warner (NYSE: TWX) look to fight back against the impact of subscription video on demand on live viewership. Media companies are asking for more money for less content, and Netflix has been happy to pay up so far.
18 August, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Samsung hits all-time high, closes in on Asia’s most valuable tech company
The Wall Street Journal: Samsung hits all-time high, closes in on Asia’s most valuable tech company
After three years of struggle, shares of Samsung Electronics Co.
18 August, 2016 by The TZ Newswire Staff Comments Off on Why Corrections Corp. of America Stock Plummeted Today
Why Corrections Corp. of America Stock Plummeted Today
Image source: Getty Images.
What: Shares of Corrections Corp. of America (NYSE: CXW) plunged more than 35% Thursday after the U.S. Department of Justice revealed it will phase out its use of private prisons.
18 August, 2016 by The TZ Newswire Staff Comments Off on Australia press: Debt could blow out by more than $100 billion if …
Australia press: Debt could blow out by more than $100 billion if …
Sorry for the cryptic headline, this in the Aussie press for today:
That sort of reads like a basic description of the risks to the budget:
– IF projections are wrong
The full piece is here: (it may be gated)