Financing a business with your retirement nest egg Financing a business with your retirement nest egg:- Skip Sheppard took a bet on himself in 2011: The 59-year-old used $200,000 from his retirement accounts to buy a business. Using a financing option called a Rollover for Business Startups, or a ROBS, […]
Business
Business
Ford to launch plug-in car in China next year, electrify most by 2025 Ford to launch plug-in car in China next year, electrify most by 2025:- Ford Motor Co (F.N) said it would launch a plug-in hybrid car in China in 2018 and a fully electric sport-utility vehicle in the […]
Oil prices fall on bloated U.S. market, but other regions tighten Oil prices fell on Thursday as record U.S. crude inventories underscored that markets remain bloated, although traders said there were signs that other regions were gradually tightening. Brent crude futures were at $54.09 per barrel at 0530 GMT, down […]
Asia demand, hedging boosts trading in forward U.S. oil contracts Asia demand, hedging boosts trading in forward U.S. oil contracts:- Trading volumes and open interest in U.S. crude futures soared in 2016, particularly among buyers out of Asia and shale companies locking in output, both of whom have shown an […]
High hopes for profits is a risk for stocks High hopes for profits is a risk for stocks:- Expectations for Wall Street's first quarterly earnings season of 2017 are high. And that could be bad for stocks. Analysts see earnings for Standard & Poor's 500 companies growing at a 10.2% […]
U.S. office vacancy rate flat in first quarter U.S. office vacancy rate flat in first quarter:- U.S. office vacancy rate was flat at 15.8 percent in the first quarter of 2017, compared with the fourth quarter of 2016, according to real estate research firm Reis Inc (REIS.O). Asking rent rose […]
JPMorgan softens tone on Brexit jobs warning JPMorgan softens tone on Brexit jobs warning:- The head of U.S. bank JPMorgan Chase (JPM.N) said on Tuesday the bank is not planning to move many jobs out of Britain in the next two years in a softening of tone on the likely […]
ExxonMobil says in talks to buy Singapore Jurong Aromatics ExxonMobil says in talks to buy Singapore Jurong Aromatics:- ExxonMobil said on Wednesday it is in talks to buy a refining-petrochemical complex in Singapore that could boost its fuel and chemical production in Asia. "We can confirm that we are currently negotiating with […]
U.S. regulator fines Credit Suisse unit, adviser over improper investments U.S. regulator fines Credit Suisse unit, adviser over improper investments:- Credit Suisse Securities (USA), a unit of Credit Suisse AG (CSGN.S), and a former investment adviser have agreed to pay about $8 million in fines to settle charges relating to […]
Toshiba Westinghouse replaced chairman two days before bankruptcy filing Toshiba Westinghouse replaced chairman two days before bankruptcy filing:- Westinghouse Electric Co replaced its chairman two days before the U.S. nuclear construction unit of Japan's Toshiba Corp (6502.T) filed for bankruptcy last week, as it tries to draw a line under the travails […]
