Article by Heather Long | Featured on CNN Money Puerto Rico is dialing 9-1-1 for any help it can get. The island was unable to make a $422 million debt payment due Monday. It’s another alarm bell of how bad the situation is getting on the island. Governor Alejandro Garcia Padilla calls it a “humanitarian […]
A Sneakertown book review. Phil Knight, co-founder of Nike and the richest person in Oregon, has just released his memoir, Shoe Dog (Scribner, 400 pages, $29)—which is coincidentally already the title of a kids’ book about a dog who likes shoes. The book is a first-person chronicle of Knight’s founding of Nike predecessor Blue Ribbon […]
Major League Soccer Stadium Proves a Good Financial Bet for Portland New figures show the city is getting its money back from the Portland Timbers’ stadium. Article By Nigel Jaquiss | Featured on WWeek Sometimes, history doesn’t repeat itself. In 2001, the city of Portland and private investors spent nearly $40 million to renovate what is now […]
Article by Chris Isidore | Featured on CNN Money Sports Authority, the struggling chain which filed for bankruptcy in March, is weighing a sale of its assets that could be end up closing most if not all of its 450 stores. Under its original bankruptcy filing, the chain had planned to close 140 stores and […]
Article Featured on Reuters Global manufacturing growth almost stalled last month as rising price halted a pick-up in new orders, a survey showed on Tuesday. JPMorgan’s Global Manufacturing Purchasing Managers’ Index (PMI), produced with Markit, came in at 50.1 last month, only just above the 50 level that separates growth from contraction. It was 50.6 […]
Secretary rails against corporate tax inversions Bloomberg News Jack Lew, U.S. Treasury secretary. By GREGORY ZUCKERMAN | Featured on Market Watch LOS ANGELES — Treasury Secretary Jack Lew urged Congress to embrace business tax reform, calling it the only surefire way to combat corporate tax inversions, or mergers by U.S. companies to move to lower-tax jurisdictions. Speaking […]
By Samurai Artist | Featured on newschoolbeer The Brewers Association (BA), the trade association representing small and independent1 American craft brewers, has released 2015 data on U.S. craft brewing2 growth. Even with more breweries than ever and increased competition and buyouts from the macros, small and independent craft brewers have still continued to grow and capture 12% of the market share.
Article Featured on Bloomberg News Federal Reserve Bank of San Francisco President John Williams said the global economy, particularly China and Brazil, was having a significant impact on measures that U.S. policy makers watch to determine interest rates. The world’s largest economy is doing “quite well,” Williams said Monday in an interview on CNBC, citing stable […]
Article Featured on New York Times | By Andrew Ross Sorkin Bill Ackman gets a lot of ink and a lot of criticism as one of the largest investors behind the crisis-ridden Valeant Pharmaceuticals. But another activist investment firm with a much larger role in Valeant’s activities has largely gone unquestioned: ValueAct, a San Francisco based investor […]
The year 2017 was very eventful for the Technology sector as there was something new better and more advanced coming up every month for the tech savvy people that made things better for them. There have been more than 2000 different additions in the technological world starting from lifestyle, medicines, luxury, cars, security, construction and […]