Puerto Rico Dept – Puerto Rico’s main water utility may not have enough money to repay certain bonds if it needs to redirect funds to pay contractors, according to a filing on the Municipal Securities...

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Reuters – Yahoo Inc (YHOO.O) is exploring the sale of $1 billion to $3 billion of patents, property and other “non-core assets,” its chief financial officer said on Thursday. Yahoo CFO...

Aubrey McClendon, the former chief executive of Chesapeake Energy Corp., was indicted Tuesday for conspiring to rig bids to buy oil and natural gas leases in northwest Oklahoma. The Department of Justice...

NEW YORK: Microsoft’s co-founder Bill Gates continued his reign as the world’s richest person with a net worth of $ 75 billion, according to Forbes’ annual ranking of billionaires, with...

Warren Buffett, CEO, Berkshire Hathaway raised several questions on the declining interest rates in Europe and compared it to the growing rates in U.S.A, concerned that his company had investments in billions...

Mortgage Rates – As the New Year we have experienced many good news and the drops in the mortgage rates are one of them. According to a post published in the Washington Post mortgage rates are decreasing...

Warren Buffet’s annual letter – Warren Buffet, the 3rd richest person in the world, made himself part of the presidential campaign (U.S) 2016 by criticizing Donald Trump, who is the frontrunner...

Most of the investors from different nations were worried due to the new global recession risks. As you know the overall economy of the whole world were slowed down in the last 8 years. Many people but...

Alfred E. Mann was one of the inspiring entrepreneurs for most of the Americans besides he was also philanthropist as well as inventor. On Thursday, he passed away while he was 90 years old. During his...

The Hilton Worldwide Holdings company turns to take a back seat on real estate investment, by converting it to a real estate investment trust to amplify shareholder earnings and timeshare business. This...

Alibaba reported to raise from eight banks a loan of $4 billion for fund expansion plans. Currently the company is indebted to leading banks like J.P. Morgan, Citigroup, Deutsche bank for a sum of $11...

One of the leading companies in health sector, Johnson & Johnson is going to pay $72M to a family which the company caused the death of an Alabama female due to ovarian cancer that was due to Baby...

Due to unspecified defined technical problems NYSE stock market stopped the New York trade on Wednesday. Further traded is on the technology stock exchange NASDAQ. The New York Stock Exchange (NYSE) has...

Especially the backlash last massively broken Chinese stock market brought comfort. The hopes for a stronger recovery of US indices to kick off the earnings would quickly fizzle. Already in the first 10...

Despite the Greece crisis, the eurozone is on a moderate growth path according to estimates of the International Monetary Fund (IMF). After a tepid performance in the last year (0.8 per cent) that is 1.5...