Chile’s internal revenue service said Monday that it has asked a local court to initiate a criminal investigation of President Michelle Bachelet’s daughter-in-law, Natalia Compagnon, for tax crimes. The IRS’s request concerned alleged tax crimes “related to the filing of maliciously false tax declarations, incorporating false invoices into the accounting of the company (Exportadora y […]
General Motors CEO Mary Barra is taking on the added role of chairman at the nation’s largest automaker. read more >>> Source : CTVNews.Ca
Upon first hearing this you absorbed the advice as wise and common sense. New evidence from scientific studies suggests that this supposedly sage advice handed down by executives, leaders, and HR departments across the globe is simply misguided and wrong. The link between stress and mental health is undeniable. The more stress someone experiences, the […]
Every year at around this time, for the past 6 years, I have sat down in a quiet place to plan out my upcoming year. I’m not a believer in vague resolutions, but rather, I make a list of goals for the year. I start by listing out all of the things I might want […]
Stop me if you’ve heard this before: investing in broad, low-cost index funds is the best way to save for retirement. In the wake of the tech bubble — which saw a lot of average-people-turned-stock-traders lose everything — and the housing bubble — which saw average-people-turned-real-estate-professionals lose everything — a vocal part of the financial […]
Chipotle’s sales are sliding following an E. coli outbreak tied to its restaurants across nine states. The company is expecting same-store sales to decline by 8% to 11% for the fourth quarter, and analysts say the slide could continue for at least another year. To judge how long the damage might last, analysts for Oppenheimer […]
The new year got off to a rough start for many stocks in the Spotlight screen, but several held up well Monday despite the market’s sharp sell-off. Nearly half the stocks in the screen sliced through their 50-day moving averages. Hawaiian (HA) was the biggest decliner, dropping 7%. But TAL Education (XRS), Acuity Brands (AYI) […]
It’s been a turbulent start to 2016 for world financial markets with big drops in the value of shares across the world Monday. The sell-off began in China – where concerns are growing over the quickening pace of the slowdown, as Henry Ridgwell reports. read more >>> Source : VOANews.Com
(Adds strategist comment, details; updates prices to close) * Canadian dollar ends at C$1.3941, or 71.73 U.S. cents * Bond prices marginally higher across the maturity curve By Alastair Sharp… read more >>> Source : Reuters
Brenda Shaffer, Global Energy Center, and Kent Moors, Energy Capital Research, discusses what will happen to oil if the tensions between Saudi Arabia and Iran continue to escalate. read more >>> Source : CNBC.Com
“The Big Short” is a fierce, funny, wildly entertaining and downright infuriating movie that tells the story of the 2008 subprime meltdown from the perspective of four men who saw it coming. They bought “short” (betting against Wall Street) and made fortunes. It is based on the book by Michael Lewis, who also wrote the […]
It was not a good start to 2016 for the stock market. Stocks in the US followed markets in Asia and Europe lower to start the year deep in the red as the S&P 500 had its worst opening day since 2000 and the Dow had its worst first day of trading since 1932 (which, […]
HONG KONG/BEIJING, Jan 5 (Reuters) – China’s first landing of a plane on one of its new island runways in the South China Sea shows Beijing’s facilities in the disputed region are being completed on schedule and military flights will inevitably follow, foreign officials and analysts said. read more >>> Source : Reuters
Facebook (FB),NetEase (NTES) and Regeneron Pharmaceuticals (REGN) fell sharply Monday, but LinkedIn (LNKD) showed relative strength among Sector Leaders as it emerged from a market sell-off in decent shape. LinkedIn pared losses, finding support just above its 200-day moving average. But its decline Monday did alter the chart. The stock has dropped as much as […]
MEXICO CITY, Jan 4 (Reuters) – Mexican Central Bank chief Agustin Carstens on Monday said that the U.S. Federal Reserve will likely raise rates at a “very gradual” pace this year and that Mexico… read more >>> Source : Reuters
THE owner of the Priory, Britain’s best-known rehab clinic, is being bought by the US Acadia Healthcare in a deal worth nearly £1.3billion. read more >>> Source : The Daily Express
WASHINGTON, Jan 4 (Reuters) – The U.S. Justice Department on Monday filed a civil lawsuit against Volkswagen AG for allegedly violating the Clean Air Act by installing illegal devices to impair emission control systems in nearly 600,000 vehicles. read more >>> Source : Reuters
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Wages are expected to rise at the fastest rate in 3 years (Korn Ferry) Global people and organizational advisory firm Korn Ferry says wages are expected to increase by 2.5% globally in 2016, making for the […]
CNBC’s Michelle Caruso-Cabrera reports three allies of Saudi Arabia have joined diplomatic action against Iran. read more >>> Source : CNBC.Com
The investment arm of the Canada Pension Plan has made its entry into the U.S. student housing market through a new joint venture. read more >>> Source : CBC.Ca
When I first started blogging, I had no clue that blogging was hard work. I, like most people started blogging to keep a journal of my conversations and experiences with my kids. As I began to enjoy what I was writing and saw that my audience liked it too, I realized that blogging requires not […]
On Sunday, Saudi officials announced that the Kingdom will sever all diplomatic ties with Iran, and told all Iranian diplomats to leave within 48 hours. The decision came after Iranian protesters attacked the Saudi embassy in Tehran, ransacking and setting fire to the building in retaliation for Saudi Arabia’s execution of a prominent Shiite cleric […]
Five people are facing charges after a break-in at a Health Canada-authorized medical marijuana producer in central Ontario. read more >>> Source : CTVNews.Ca
* General Motors to invest $500 mln in ride-sharing service Lyft read more >>> Source : Reuters
EPA and Justice Department sue Volkswagen seeking at least $16 billion in fines for violating Clean Air Act with cheating diesel cars. read more >>> Source : CNN Money
2015 is nearing a close, and the notion of planning is all around us. Plan your resolutions, plan your budgets, plan your projects. I came across a poem earlier this year that made me think about planning in general. It also brings in the topics of leadership, organizational structure, communication and a stark reality in […]
The US justice department is suing Volkswagen over the emissions scandal that saw the German car giant fit software to millions of cars to cheat emissions tests. read more >>> Source : BBC
* Yen hits 11-week peak vs dollar, highest vs euro since April read more >>> Source : Reuters
By David Randall NEW YORK (Reuters) – The year’s top-performing U.S.-listed global equities fund as rated by Morningstar sees Asian and emerging market stocks as undervalued and primed to outperform in 2016. Kristian Heugh, whose $641 million Morgan Stanley Global Opportunity fund gained 20 percent for the year through Dec. 29, said his fund has […]
Gun maker stocks are surging in a slumping market, as new federal data indicates a sales jump after 2015 ended with more mass shootings and growing political pressure to tighten regulation. read more >>> Source : CTVNews.Ca
NEW YORK, Jan 4 (Reuters) – The year’s top-performing U.S.-listed global equities fund as rated by Morningstar sees Asian and emerging market stocks as undervalued and primed to outperform in 2016. read more >>> Source : Reuters
Legendary boxer Mike Tyson now has a Bitcoin-trading app named after him. read more >>> Source : CNN Money
LIMA, Jan 4 (Reuters) – Peru’s central bank sold $80 million in the local spot market on Monday and the sol slipped 0.23 percent to finish trading at 3.422/3.423 per dollar, the lowest in nearly ten… read more >>> Source : Reuters
Stocks held near session lows in early afternoon trading Monday, hurt by a rout in China stocks overnight and increased tension in the Middle East. The Nasdaq slumped 2.5%, the Dow Jones industrial average lost 2.2% and the S&P 500 fell 2.1%. Volume on the NYSE and Nasdaq was tracking sharply higher than Thursday’s levels […]
The U.S. Department of Justice and the Environmental Protection Agency are suing German carmaker Volkswagen for falsifying the emissions on 600,000 diesel vehicles in the U.S. read more >>> Source : CBC.Ca
U.S. federal authorities are suing Volkswagen over emissions-cheating software found in nearly 600,000 vehicles sold in the United States. read more >>> Source : CTVNews.Ca
For the 31st year in a row, Blackstone’s vice chairman and investing guru Byron Wien has released his 10 surprises for the year. These are things Wien believes have a better-than-50% chance of happening, but the average investor anticipates a less than 30% likelihood of occurring. Wien started this tradition in 1986 when he was […]
The Justice Department is suing Volkswagen over an emissions-cheating scandal that has affected hundred of thousands of vehicles in the US and millions worldwide. Join the conversation about this story » NOW WATCH: How to cut and drink a fresh coconut read more >>> Source : BusinessInsider.Com
“Violent New Year fireworks,” is how one analyst summed up events on Wall Street where the Dow fell 450 points having its worst opening day in 84… read more >>> Source : EuroNews.Com
By Steve Nicastro Don’t become a small-business statistic. Nearly half of small businesses don’t make it past the first five years, according to the U.S. Small Business Administration. Optimistic owners may underestimate the costs of starting a business, run up too much debt or have bad personal credit that keeps them from getting a business […]
What’s the likelihood of a “scorched earth” oil-price battle between Iran and Saudi Arabia? The experts weigh in. read more >>> Source : CNBC.Com
Pizza Hut and Papa John’s start new year with new sales offer to spur sales growth at U.S. stores. read more >>> Source : CNN Money
Jan 4 (Reuters) – Oculus, the virtual reality company owned by Facebook Inc, said on Monday it would take preorders for its much-awaited virtual reality headset, Rift, from Wednesday. read more >>> Source : Reuters
Electric car company Tesla Motors said it delivered 17,400 vehicles in the October to December quarter. That brings its sales for the whole year to a record 50,580 as it moves to ramp up production of its newest model. read more >>> Source : CBC.Ca
US manufacturing slowed by the greatest amount for six years in December, according to the Institute for Supply Management. read more >>> Source : BBC