See for yourself what Bloomberg’s terminal contract says about spying on … Quartz Bloomberg’s standard contract for its terminals gives the company the right to monitor customer usage “solely for operational reasons,” according to several of those customers and a copy of a contract obtained by Quartz. So, first of all, here’s the contract. Follow…
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Wal-Mart to Inspect All 279 Bangladesh Supplier Factories – Bloomberg
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Bloomberg Wal-Mart to Inspect All 279 Bangladesh Supplier Factories Bloomberg Wal-Mart Stores Inc. (WMT), the world’s largest retailer, will conduct in-depth safety inspections at all of its suppliers’ factories in Bangladesh in the wake of a deadly building collapse there. The reviews of all 279 supplier factories will be completed within six … Walmart calls…
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JC Penney real estate appraised at $4.06B – Chicago Tribune
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ValueWalk JC Penney real estate appraised at $4.06B Chicago Tribune J.C. Penney Co. real estate holdings — stores, distribution centers and headquarters — are worth a total of $4.06 billion. The appraisal was disclosed on Tuesday in a presentation to potential lenders that was also filed with U.S. regulators. The 306 stores … J.C. Penney…
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Pimco Pares Risk on Bet Monetary Easing Distorts Markets – Bloomberg
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Pimco Pares Risk on Bet Monetary Easing Distorts Markets Bloomberg Pacific Investment Management Co., home to the world’s biggest fixed-income fund, is shying away from risky assets as it sees a growing disconnect between the performances of financial markets and the global economy. “Especially with ever-elevated prices … UPDATE 1-PIMCO says US growth to hover…
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Import Prices Fell 0.5% in April vs. 0.5% Est. – CNBC.com
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Import Prices Fell 0.5% in April vs. 0.5% Est.CNBC.comU.S. import prices fell in April due to a drop in oil costs, a positive sign for household finances that also pointed to benign inflation pressures. Import prices slipped 0.5 percent last month, the…
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NFIB Small Business Index Rises 2.6 Points to 62.1 – Wall Street Journal
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Small Business Trends NFIB Small Business Index Rises 2.6 Points to 62.1 Wall Street Journal NEW YORK–The National Federal of Independent Business reported Tuesday that conditions improved for its members in April, but the organization called it another disappointing month for small businesses. The group’s monthly index ticked up 2.6 points to … U.S. April…
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EU industrial output up sharply in March – AFP
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AFP EU industrial output up sharply in March AFP BRUSSELS — Industrial output in the 17-nation eurozone jumped a surprisingly strong 1.0 percent in March compared with February when it rose 0.3 percent, official data showed Tuesday. In the 27-member EU, industrial production was up 0.9 percent in … Euro zone growth hopes emerge after…
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US Oil Boom to Help Meet New Global Demand: IEA – CNBC.com – CNBC.com
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AFP US Oil Boom to Help Meet New Global Demand: IEA – CNBC.com CNBC.com U.S. shale oil will help meet most of the world’s new oil demand in the next five years, even if the global economy picks up steam, leaving the need for OPEC crude barely changed from today’s levels, the West’s energy agency…
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North American Oil Production to Dominate World Supply – Wall Street Journal
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North American Oil Production to Dominate World Supply Wall Street Journal North American oil production will dominate world-wide supply growth over the next five years, the International Energy Agency predicted Tuesday, the result of growing production from “fracking” and other technologies that access once-inaccessible reserves. Follow the money. Find the profits!Liquidity is money. Regardless of…
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American Investor Targets Sony for a Breakup – New York Times
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New York Times American Investor Targets Sony for a Breakup New York Times Daniel S. Loeb’s hedge fund, Third Point, has amassed a stake of about Steve Marcus/ReutersDaniel S. Loeb’s hedge fund, Third Point, has amassed a stake of about 6.5 percent in Sony. 3:42 a.m. | Updated. An American hedge fund billionaire known for…