It has been fifty years since the United States and Cuba allowed commercial traffic to enter and leave their respective air-spaces. Now, since last Tuesday, a deal signed by the two parties paves the way for the restoration of commercial flights between Cuba and the US. As soon as the deal was signed the US… Continue Reading
Director of the Defense Intelligence Agency Lt. General Vincent Stewart told the Senate Armed Services Committee that ISIS “”will probably attempt to conduct additional attacks in Europe, and attempt to direct attacks on the US homeland in 2016.” He was speaking at the annual US Senate hearing on world-wide threats along with other key US… Continue Reading
In some cities more than others, “it’s all about the money.” Although most of the time more goes into the equation of where someone is going to live than just potential salary, knowing where the highest paying jobs are located can help influence that decision. US News recently released its Best Jobs Rankings for 2016,… Continue Reading
This year’s Annual Realscreen Summit – now in its 18th year – attracted a staggering 2,351 delegates hailing from 29 countries. Hosted by the Marriott Marquis Washington DC, the goal of the summit is to “conduct business and examine the trends and ideas set to lead the non-fiction and unscripted genres into the future.” For… Continue Reading
The pot trade is booming: according to a new study, commerce in cannabis reached $5.4 billion in 2015, representing a 184 percent increase compared to the previous year. As Troy Dayton, chief executive of the ArcView Group commented, “You won’t find another industry growing at that kind of clip.” The study appeared in the fourth… Continue Reading
Baby boomers and those coming after are living longer, often meaning that retirement is also becoming a larger chunk of a person’s lifetime. The Centers for Disease Control and Prevention says that the number of people living past age 100 has increased from 50,281 in the year 2000 to 72,197 in 2014, and increase of… Continue Reading
According to the Commerce Department US inventories in November posted their largest drop since 2011. This statistic is a sign that businesses are reducing their stockpiles of unsold goods. Such reductions are a sign of significant slowing of economic growth in the fourth quarter of 2015. Friday’s announcement said that inventories fell 0.2 percent, the… Continue Reading
People always find lower oil prices attractive. But the question is, are reduced prices in oil always 100% good news? Apparently not. It can have a negative impact on the housing market. In fact, it is anticipated that there will be a very slow increase in house prices in 2016, of only around 3.5 percent.… Continue Reading
Former Boeing exec Doug Nichols of Aerion is developing s supersonic 12-seat jet which promises to get its passengers from New York to London in a mere 4.5 hours. That is about 3 hours faster than conventional jets. Nichols is betting that the savings of time the new plane will provide will be worth the… Continue Reading
Interestingly, many private equity firms have their eyes on skin care products and personal products for beauty. Avon Ladies, for instance, has sold its North American business to private equity firm Cerberus Capital Management. They are selling 80.1% of their US and Canadian divisions to Cerberus, which is known for its turnaround expertise. Similarly, MidOcean… Continue Reading