Amid 2018 crypto crash, 3 kinds of believers come into focus

Amid 2018 crypto crash, 3 kinds of believers come into focus

On Dec. 7, 2017, the price of bitcoin was above $17,000. Nine months later, it’s below $7,000. Bitcoin (BTC), the primary cryptocurrency, is down more than 60% in 2018. The rest of the market looks even worse. Bitcoin has not taken as brutal a hit as most of the other cryptocurrencies this year, but it […]

Planes are now ridiculously crowded, and a pilot explains why

Planes are now ridiculously crowded, and a pilot explains why

Passenger flights are becoming more crowded each year. Nearly 849,000,000 people flew on U.S. carrier airplanes in 2017, a 13 percent increase since 2005, according to U.S. Bureau of Transportation statistics. At the same time, there were nearly 1.6 million fewer flights last year compared to 2005 — a 13 percent decrease. A crowded flight from […]

New York federal prosecutors are investigating whether Trump Organization executives broke campaign finance laws

New York federal prosecutors are investigating whether Trump Organization executives broke campaign finance laws

Prosecutors at the Manhattan US attorney’s office are probing whether people working at the Trump Organization broke campaign finance laws, Bloomberg reported. Investigators are said to have expanded their inquiry after Michael Cohen, President Donald Trump’s longtime lawyer and the Trump Organization’s former lead counsel, pleaded guilty to tax evasion, bank fraud, and campaign finance […]

Kavanaugh Deflects Questions on Abortion, Campaign Finance and Presidential Powers

Kavanaugh Deflects Questions on Abortion, Campaign Finance and Presidential Powers

WASHINGTON—Supreme Court nominee Brett Kavanaugh wrapped up what is likely to be the toughest part of his confirmation process Thursday, completing two 13-hour days of public questioning in which senators often spent their time sparring with one another. Senators battled each other over confidential documents, with Democrats threatening civil disobedience and Republican warning of severe […]

The world has not learned the lessons of the financial crisis

The world has not learned the lessons of the financial crisis

WHEN historians gaze back at the early 21st century, they will identify two seismic shocks. The first was the terrorist attacks of September 11th 2001, the second the global financial crisis, which boiled over ten years ago this month with the collapse of Lehman Brothers. September 11th led to wars, Lehman’s bankruptcy to an economic […]

Experian executive extols virtues of innovation at Friends of Finance luncheon

Experian executive extols virtues of innovation at Friends of Finance luncheon

Having seen travelers struggle with their luggage, Northwest Airlines pilot Richard Plath in 1987 devised putting rollers on suitcases. He went to Samsonite, which turned him down. Italian luggage maker Tumi, however, embraced the idea. The new cost for doing business in Tulsa. For those who care about business and this community, we have a […]

Bidvest bemoans lack of finance for BEE deal

Bidvest bemoans lack of finance for BEE deal

A lack of finance for black investors is holding up Bidvest’s aggressive and serious attempts to dispose of its 38.5% interest in JSE-listed pharmaceutical firm Adcock Ingram, says Bidvest CEO Lindsay Ralphs. Bidvest’s preferred deal would give black investors a substantial stake in a well-established company that is set for growth, especially after Adcock’s recent […]

Buy Manappuram Finance; target of Rs 134: Nalanda Securities

Buy Manappuram Finance; target of Rs 134: Nalanda Securities

Nalanda Securities’ research report on Manappuram Finance Company has outstanding gold loan AUM of 125bn. Within gold loan AUM, agricultural-based, micro loans and consumer based loans contribute one-third each in portfolio. With revival in business & rural economy (due to government initiative, normal monsoon in many regions), we expect agricultural and micro based loan to […]

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