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News & Updates

April 30, 2015 GM to invest billions of dollars in U.S. plants: source

Source: Reuters

General Motors (GM.N) on Thursday will announce a multibillion-dollar, multiyear investment in several U.S. manufacturing plants in a move to boost production and vehicle quality, a person familiar with the matter said.

April 30, 2015 SEC proposes rules linking executive compensation with performance

Source: Journal of Accountancy

New rules proposed by a divided SEC on Wednesday would require public companies to disclose the relationship between executive compensation and the company’s financial performance

April 30, 2015 Greece signals concessions in crunch talks with lenders

investing.com - Compounding the pressure on Athens, ratings agency îMoody'sî cut Greece's credit rating deeper into junk territory late on Wednesday due to fears about whether a deal will be found in time to meet...

April 30, 2015 World shares fall after US reports meager 1Q growth

Source: Washington Post

TOKYO — World stock markets were mostly lower Thursday after the U.S. economy skidded to a near halt in the first three months of the year and Japan’s central bank held off from expanding its monetary stimulus

April 30, 2015 Fed's downgrade of economic outlook signals longer rate hike wait

Source: Reuters

The Federal Reserve downgraded its view of the U.S. labor market and economy on Wednesday in a policy statement that suggested the central bank may have to wait until at least the third quarter to begin raising interest rates.

April 29, 2015 The Oil Rally Looks Doomed, in Five Charts

Source: Bloomberg

Oil has surged 20 percent this month to $57 a barrel as expanding violence in Yemen stoked concern that supplies could be disrupted. The rally follows the biggest drop since 2008, with crude falling as low as $43.46 a barrel in...

April 29, 2015 Sustainable Investing: A Fiduciary Win-Win

Source: Wealth Management

Sustainability is considered by many to be an antidote to chaos, introducing or perhaps restoring order to situations that threaten long-term survival. A well-known definition of sustainable development, coined by the United...

April 29, 2015 VW Seeks to Move Past Piech’s Exit With 17% Profit Jump

Source: Bloomberg

Volkswagen AG reported a 17 percent jump in first-quarter profit, beating analysts’ predictions, as the company sought to move past a tumultuous power struggle that culminated with the resignation of Chairman Ferdinand Piech.

April 29, 2015 Elon Musk Bulks Up Tesla Batteries in Leap Beyond Cars to Grid

Source: Bloomberg

Billionaire Elon Musk thinks he can pave the way to a better energy future by turning the mattress-shaped batteries in Tesla’s electric car into upright pillars so they can be used to power homes, businesses and even utilities.

April 29, 2015 Wal-Mart to expand China store network by nearly a third after growth stalls

Source: Reuters

BEIJING/SHANGHAI - Giant U.S. retailer Wal-Mart Stores Inc plans to expand its footprint in China by nearly a third by opening 115 new stores by 2017, the firm's chief executive said, in a renewed push to lure China's grocery...

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