Finance News

O.J. Simpson: ‘I’ve basically spent a conflict-free life’

AP On Thursday, O.J. Simpson had his parole hearing after being convicted of armed robbery and kidnapping related to a 2007 incident in Las Vegas. If he’s awarded parole, he’ll be eligible for release as early as October 1, after serving almost 9 years of the sentence. Before the decision was announced, Simpson was asked questions More...

by martin | Published 1 hour ago
By martin On Thursday, July 20th, 2017
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Goldman Sachs could be about to tighten its stranglehold on global markets

Chip Somodevilla/Getty Images President Trump is reportedly considering naming economic advisor Gary Cohn, former president of Goldman Sachs, to head the Federal Reserve. His appointment would make the Fed More...

By martin On Thursday, July 20th, 2017
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Reform of China’s ailing state-owned firms is emboldening them

ACCORDING to company lore, Yunnan Baiyao, a musty-smelling medical powder, played a vital role during the Long March. As China’s Communist troops fled from attacks in the 1930s, trekking thousands of miles More...

By martin On Thursday, July 20th, 2017
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The pilot shortage is real and airlines must change before it becomes a full-blown crisis

AP Editor’s note: Patrick Smith is a commercial airline pilot who currently flies Boeing 757 and 767 aircraft. Smith is also a travel blogger and author of the book “Cockpit Confidential. THE PILOT More...

By martin On Thursday, July 20th, 2017
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Legal expert Jeffrey Toobin explained why O.J. Simpson should not be in prison right now

Matt Winkelmeyer/Getty In 1994, at the height of the country’s attention toward O.J. Simpson’s trial for the murder of his ex-wife Nicole Brown Simpson, and her friend Ronald Goldman, Jeffrey Toobin More...

By martin On Thursday, July 20th, 2017
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A chain that wants to be the McDonald’s of vegan fast food is preparing to take over America

A vegan fast-food chain is winning over omnivores across the US.  In just two years, By Chloe has gone from a single New York City vegan cafe to a mini-chain with seven locations in New York City, Boston, More...

By martin On Thursday, July 20th, 2017
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Blackstone whiffs on earnings (BX)

Reuters/Brendan McDermid (Reuters) – Buyout firm Blackstone Group LP reported slightly lower-than-expected quarterly earnings on Thursday, after strong gains in real estate holdings were offset by a pullback More...

By martin On Thursday, July 20th, 2017
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An investing legend is making a killing after putting 1% of his net worth in bitcoin

REUTERS/Rick Wilking Legendary investor Bill Miller is apparently bullish when it comes to cryptocurrencies. Miller revealed to Forbes that he invested 1% of his net worth into bitcoin in 2014, determining that More...

By martin On Thursday, July 20th, 2017
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Here’s why China’s One Belt, One Road is doomed to fail

One Belt, One Road (OBOR) is China’s ambitious initiative unveiled in 2013. In fact, it’s two plans combined to form a larger framework of new trade routes. Mauldin Economica The first of these is One More...

By martin On Thursday, July 20th, 2017
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Conservatives are trashing Jeff Sessions’ controversial asset-seizure program

REUTERS/Yuri Gripas Republican lawmakers are up in arms over a new Justice Department directive allowing the federal government to take assets that were lawfully seized by local or state law enforcement officials. Critics More...

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