Wall Street hits the record high in 2016. The market reacted positively after the Fed chairwoman's speech in the Economic Club Of New York on Tuesday.
Sectors
Boeing to Reduce Workforce by June As Part of Cost-Cutting and Reorganization
Boeing will reduce its workforce as part of the company’s cost-cutting and reorganization effort. Although it surpassed order forecast for last year, it was offset by a huge drop in new orders. Clients would not want to wait for several years before their orders get delivered.
Current and Former Players Participated in Four-Day NFL Finance Camp
National Football League (NFL) will hold boot camp on April 4 to 7, 2016. A total of 28 current and former players with their family members participated in the finance camp in Florida.
Bitcoin underrated by more than $200 according to Investment Bank Needham & Co
The report released by Needham & Company, an investment bank and asset management company, showed that bitcoin has been undervalued by more than $200, nearly 58% based on the current price.
Prime Minister Li Keqiang is Optimist for China's Economic Recovery
In the annual Boao Forum for Asia (BFA) last Thursday, Premier Li Keqiang deliver keynote speech. He pledged the government will refrain to intervene in economic and market.
Latest News
Firms in United States are looking into Israeli cannabis research and development. Israel, the pioneer in high tech agriculture is now leading the medical marijuana R&D.
New Zealand home buyers have the new option for home loan. On Tuesday Crown Finance Limited launched its Freedom Home Loans.
Arun Jaitley, India's Finance Minister, has voiced for a possible interest rate cut ahead of Reserve Bank of India's (RBI) review meeting next week, while focusing on controlling fiscal deficit. The Centre has already slashed interest rate on small savings making more conducive weather for lending rate cut.
US-based Western Alliance Bank has decided to buy GE Capital assets from General Electric Co. The deal is expected to be completed by end of 2016. General Electric will focus on its core industrial operations.
Yahoo potential buyers only have until April 11 to submit their bid. Along with the proposed amount are details on how the purchase would be financed, conditions or approvals to be met and what important foundation to make by deciding to push through with a deal. Verizon and Time Inc. already shown interest to acquire Yahoo’s core business the past few months.
The £21-billion merger of London Stock Exchange (LSE) with Deutsche Börse is facing an increasing resistance from Germany. Politicians and senior industry leaders are concerned about losing the financial hub status of Frankfurt.
Airbnb is offering something adventurous for those who are lion-hearted. Sleeping beside sharks is really a thrilling experience and also a scary one. Airbnb offers this exhilirating night stay adventure for free provided you tell something about yourself and the main reason why you should be chosen as the lucky recipient.
Fintech company Coin has bounced back from its near failure and partner Visa and MasterCard in providing integrated payment service. Meanwhile regulators are preparing set of regulation for fintech innovation.
As the country divided in the Brexit issue, British companies showed a little concern regarding Brexit. They considered Brexit do not affect their business activity.
