The Russian Banker Who Knew Too Much

Alexei Kulikov was charged with looting a small Moscow bank. But his trial turned into a window on the shadowy—and seemingly uncontrollable—world of money laundering in Putin’s Russia. The pounding on the door begins at about 6 a.m. on a wintry Moscow day in March 2016. Insistent knocking at that hour usually means just one thing: […]

Senate plan lets mutual funds skip a tax change that hurts individual investors

Senate plan lets mutual funds skip a tax change that hurts individual investors Tim Steffen discusses Senate tax bill provision that impacts investors    4:36 PM ET Fri, 17 Nov 2017 | 01:04 Following a backlash, the Senate Finance Committee has decided a proposal to prevent investors from minimizing taxes will no longer apply to mutual […]

Is The Stock Market Open The Day After Thanksgiving?

Is The Stock Market Open The Day After Thanksgiving? After a day off for Thanksgiving, is the stock market closed for Black Friday as well? No, but it’ll only be open for a few hours. The Nasdaq and New York Stock Exchange both shutter at 1 p.m. ET, giving you a two-and-a-half day trading break. […]

Rejoice: Sonos Speakers are finally voice-controllable

If you’re among the millions who own Sonos speakers, then you don’t need a paragraph explaining how great they are (the speakers, not the owners). A Sonos is an internet-connected speaker. It can deliver music from 50 music sources (Spotify, Pandora, Amazon, Apple, Google, etc.)—and you control it from an app on your phone or computer. These speakers sound […]

Gold down on firmer dollar but stays close to one-month peak

FILE PHOTO – A sales person shows a gold ring to customers at a jewellery showroom during Dhanteras, a Hindu festival associated with Lakshmi, the goddess of wealth, in Ahmedabad, India, October 28, 2016. REUTERS/Amit Dave/File photo Gold prices dipped early on Monday on a stronger U.S. dollar, but remained close to a one-month high […]

Bitcoin Surges Past $8,000 as Technology Concerns Subside

Bitcoin Surges Past $8,000 as Technology Concerns Subside Bitcoin topped $8,000 for the first time as investors set aside technology concerns that saw it tumble as much as 29 percent this month. The world’s largest cryptocurrency’s rise is becoming too big for many to ignore with three separate slumps of more than 25 percent all giving way to subsequent […]

Barry Diller says big media will be ‘serfs on the land’ of tech giants

IAC Chairman Barry Diller believes traditional media companies will become serfs to tech giants like Facebook and Google. (Yahoo Finance) SAN FRANCISCO — The billionaire media mogul behind such popular sites as Expedia, and HomeAdvisor has a one-word forecast for traditional media conglomerates concerned about being replaced by tech giants: serfdom. “They, like everyone else, […]

Oil markets tepid ahead of Nov. 30 OPEC meeting

Men work for Iraqi Drilling Company at Rumaila oilfield in Basra, Iraq, May 11, 2017. REUTERS/Essam Al-Sudani Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting at the end of the month, when the producer club is expected to decide whether to continue […]

Toshiba $5 billion stock issue results in huge dilution but delisting risk removed

FILE PHOTO: The logo of Toshiba Corp is seen as window cleaners work on the company’s headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai/File Photo Toshiba Corp’s plan to raise some $5.4 billion through a sale of new shares will help it avoid a delisting, but will also see more than 30 overseas investors, […]

Abu Dhabi’s Adnoc to Sell Up to 20% of Fuel-Station Unit in IPO

An employee uses a fuel pump to fill a customer’s vehicle with unleaded petrol in Dubai, United Arab Emirates, on Monday, July 4, 2011. Abu Dhabi National Oil Co., known as Adnoc, may take over petrol stations owned by Emirates National Oil Co. and Emirates Petroleum Products Co. in the northern emirates, Gulf News said, […]

error: Content is protected !!