1 June, 2017 by The TZ Newswire Staff Comments Off on It’s Official: Comey To Testify Next Thursday, June 8
It’s Official: Comey To Testify Next Thursday, June 8
We already know the topic, and now we know the time and place: according to just released statement by the Senate Intel Committee, former FBI Director James Comey will testify in an open session next Thursday, June 8, starting at 10:00 am, which will be followed by a closed session testimony at 1pm.
1 June, 2017 by The TZ Newswire Staff Comments Off on A drug quintupled in price. Now, drug industry players are feuding over the windfall.
A drug quintupled in price. Now, drug industry players are feuding over the windfall.
Anger over rising drug costs has set off a civil war within the pharmaceutical industry, ProPublica reports.
1 June, 2017 by The TZ Newswire Staff Comments Off on Is More Consolidation Coming to the Consumer and Retail Industry?
Is More Consolidation Coming to the Consumer and Retail Industry?
Reports are surfacing that Abercrombie & Fitch (NYSE: ANF) is in ongoing talks with multiple entities for an acquisition, and that Kraft Heinz (NASDAQ: KHC) is looking to roll another major consumer goods company into its portfolio.
1 June, 2017 by The TZ Newswire Staff Comments Off on Silicon Valley has been `tone deaf’ to the entrepreneurial potential of middle America: Steve Case
Silicon Valley has been `tone deaf’ to the entrepreneurial potential of middle America: Steve Case
Venture capitalists have to look to other geographic areas to find companies in the new economy.
1 June, 2017 by The TZ Newswire Staff Comments Off on Why Ciena Corp. Jumped 19% Today
Why Ciena Corp. Jumped 19% Today
Shares of Ciena (NYSE: CIEN) soared as much as 19.2% higher on Thursday morning, sparked by the telecommunications networking equipment maker’s strong second-quarter earnings report.
In the second quarter, Ciena’s adjusted earnings rose 32% year over year to $0.45 per diluted share, besting Wall Street’s consensus estimate by $0.08. On the top line, revenue increased 10% over the year-ago period to land at $707 million, exceeding analyst estimates by $11 million.
Image source: Getty Images.
1 June, 2017 by The TZ Newswire Staff Comments Off on RadioShack is closing 1,000 stores
RadioShack is closing 1,000 stores
In its heyday, Fort Worth-based RadioShack had 7,300 stores and was a regular stop for consumer electronics, USA Today reports.
1 June, 2017 by The TZ Newswire Staff Comments Off on Why Do Half-Measures Work For Markets, But Not For Socialism?
Why Do Half-Measures Work For Markets, But Not For Socialism?
Authored by Ryan McMaken via The Mises Institute,
Socialists have attempted many times to put their ideology into action. Socialism has been applied in the Soviet Union, Cuba, China (before Deng), North Korea, and by many other less-famous regimes.
In each case, the result has been economic impoverishment and political authoritarianism.