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News & Updates

December 28, 2017 California Says Nestle Lacks Permits To Extract Millions Of Gallons Of Water

Source: NPR

California regulators say Nestle may have to stop collecting a large portion of the water it bottles from the San Bernardino National Forest, because it lacks the legal permits for millions of gallons of water. Nestle sells the...

December 27, 2017 Shell Sees $2 Billion to $2.5 Billion Charge to 4Q Earnings Due to U.S. Tax Reform

Source: Fox Business

Royal Dutch Shell PLC (RDSA.LN) said Wednesday that it expects a charge to its fourth-quarter earnings of $2 billion to $2.5 billion following the changes to U.S. tax reform, driven by a re-measurement of its deferred tax...

December 27, 2017 The wildfires in California just keep shattering records this year

Source: CNN

Damage estimates from the 2017 wildfires topped $10 billion, said Adam Smith of the National Oceanic and Atmospheric Administration. And that was before devastating wildfires tore through Southern California in December.

December 22, 2017 SEC sues bankrupt Woodbridge Group over $1.2 billion Ponzi scheme

Source: Reuters

he U.S. Securities and Exchange Commission said on Thursday it had sued luxury real estate developer Robert Shapiro and his Woodbridge Group of Companies for allegedly operating a $1.2 billion Ponzi scheme targeting thousands of...

December 22, 2017 Acts of courage in the 2017 sustainability movement

Source: GreenBiz

When President Donald Trump signed an order in early December to remove more than 2 million acres of Utah land from federal protection, Patagonia was ready.

December 22, 2017 Government shutdown averted as funding deadline moved to January 19

Source: CNN

The Senate approved a short-term spending measure Thursday night to keep the government open through January 19, avoiding a government shutdown ahead of a Friday deadline.

December 21, 2017 China's Rising Wealth Gap And Implications To Markets And The World

Source: Forbes

n recent years, the Chinese economy has become a major driver of global growth and a shaper of global markets including the USD, U.S. treasuries and global equities.

December 21, 2017 Why Don’t Most Americans Realize They’re Getting Tax Cuts for Christmas?

Source: The Atlantic

Four out of five taxpayers will see their bills reduced in 2018, but few of them expect to see the cash.

December 21, 2017 AT&T, two banks offer bonuses, pay hikes in wake of U.S. tax reform

Source: Reuters

AT&T Inc (T.N), Wells Fargo & Co (WFC.N) and Boeing Co (BA.N) were among American companies promising more pay for workers or more investment in training on Wednesday after the biggest overhaul of the U.S. tax code in 30 years.

December 21, 2017 North Korea suspected in latest bitcoin heist, bankrupting Youbit exchange

Source: Ars Technica

North Korea has been implicated in both the WannaCry cryptographic worm and its bitcoin ransom demands as well as stealing about $81 million in traditional money through fraudulent funds transfers from a Bangladeshi bank. And now...

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