27 February, 2017 by The TZ Newswire Staff Comments Off on White House to offset defense spending rise with cuts elsewhere
White House to offset defense spending rise with cuts elsewhere
White House speaks to reporters in conference call
– White House to increase defense spending by $54B
– Will seek corresponding cut of $54B in non-defense spending
The dollar is bouncing around on spending ideas.
27 February, 2017 by The TZ Newswire Staff Comments Off on This seal delightedly hugging a toy version of itself is your new wallpaper
This seal delightedly hugging a toy version of itself is your new wallpaper
There are few things cuter than a seal — except perhaps for one hugging a plushie version of itself.
27 February, 2017 by The TZ Newswire Staff Comments Off on American Airlines Investors Should Worry About Leverage
American Airlines Investors Should Worry About Leverage
For many years, investors viewed the airline industry as being extremely risky. One of the biggest risks is high operating leverage. This refers to the fact that small changes in revenue for an airline tend to drive big changes in earnings.
One important way to mitigate the risk from operating leverage is to be conservative about financial leverage — or, to put it more simply, debt levels. A company with a strong balance sheet will have an easier time borrowing money in the event of an economic downturn than one that is already overloaded with debt.
27 February, 2017 by The TZ Newswire Staff Comments Off on AT&T Lowers Data Plan, Under Pressure
AT&T Lowers Data Plan, Under Pressure
AT&T announced two unlimited data plans this morning, joining the other three major U.S. carriers that already offer similar plans.
27 February, 2017 by The TZ Newswire Staff Comments Off on WageWorks Inc. Sales Jump 22%
WageWorks Inc. Sales Jump 22%
WageWorks (NYSE: WAGE) delivered a solid increase in fourth-quarter revenue, as the administrator of health, commuter, and other employee benefits continues to win new business at a rapid clip.
Metric
Q4 2016
27 February, 2017 by The TZ Newswire Staff Comments Off on Goldman Sachs makes a bet on consumer debt
Goldman Sachs makes a bet on consumer debt
As the number of unsecured loans rises, Goldman Sachs is touting Marcus, its own consumer-lending platform.
27 February, 2017 by The TZ Newswire Staff Comments Off on This sector just had a historic run – but may no longer be an attractive pick
This sector just had a historic run – but may no longer be an attractive pick
Utilities sector just logged four-straight positive weeks, but some say names in the space might not be the best picks.