Interest rates are on holdfor now. Savers should enjoy it while it lasts. The Bank of Japans decision to move rates from slightly positive to slightly negative was all about weakening the Yen. Its another salvo in the currency skirmish thats playing out between China, Europe and the land of the (ever) rising debt. Australia…
Samaki Walker played with the Lakers for two seasons. By Mike Woolfson [email protected] | Jan 27, 2016 02:15 PM EST Samaki Walker isn’t Kobe Bryant’s biggest fan. (Photo : Getty Images) Since Kobe Bryant announced his retirement from the NBA earlier this season many of the people around the league have gotten nostalgic about his…
A Buffalo man who shot a family friend three times over a gambling debt telling him Its time to die before firing the final bullet into his face was sentenced Tuesday to 20 years in prison. In December an Erie County Court jury found James R. Thomas Jr., 28, of Minnesota Avenue found guilty of…
Doom and gloom merchant and newsletter publisher Dr. Marc Faber in some respects sings a similar tune to that of Ray Dalio and, to an extent, Kyle Bass and Stanley Druckenmiller. In his recent monthly market commentary, the good doctor looks at the evils of massive deficit spending, a ballooning Fed balance sheet and…
Get the free Morning Ledger emailed to you each weekday morning by clicking here: http://on.wsj.com/TheMorningLedgerSignup. Amazon.com Inc. began breaking out the earnings of its Amazon Web Services unit last April, reporting more than $7 billion in cloud revenue at the time. AFP/Getty Images Good morning. As businesses continue to move their operations into the cloud, vendors are tweaking…
Are you aware of a certain ancient festival approaching where dragons and lanterns fill the streets? Chinese New Year kicks off on February 8 and as it turns out, we need to beware of a mischievous zodiac animal called the Fire Monkey. The monkey is a smart, wily, naughty and vigilant animal so we…
Any good poker player knows exactly how many cards, or outs, are available to win the hand. The boss of Amaya, owner of PokerStars and other gambling websites, just dealt one to shareholders. Chief Executive David Baazov on Monday offered to take Amaya private. At C$21 a share, it could value the Quebec-based company at…
Steven Stradbrooke February 1, 2016 Shares in Canadas Amaya Gaming are up one-quarter on Monday after CEO David Baazov tabled a C$2.8b offer to take the company private. On Monday, PokerStars parent company Amaya issued a statement saying Baazov (pictured) and undisclosed partner investors were planning an all-cash $C21 per share offer to acquire the…
More How a Little Bribery Could Be a Good ThingHow Google Perfected the Silicon Valley Acquisition3 Books Every Leader Should Read to Be Successful George Washington was among the most successful businessmen of his day. Raised in a single-parent home and bereft of formal education, he nevertheless parleyed a modest inheritance into what was by…
Republican presidential candidate Marco Rubio casts himself as a champion of limited government and in a new campaign ad even depicts himself as a warrior against special interests. But on issues including sugar subsidies, online gambling, spending on military contractors, telecom regulations, and taxpayer support to scandal-plagued for-profit colleges, Rubio has backed a sweeping and…