Compared to the US dollar, the loonie lost three-fifths of a penny on Monday, falling to its lowest point in over a month and a half. The Canadian dollar closed at 79.78 US cents, a loss of 0.63 cents from its closing price on Friday. On April 13 the loonie reached its lowest intraday price… Continue Reading
After an anonymous caller informed Maryland state police of a bomb threat on an Air France flight en route from Paris to New York, the US Air Force sent out two F-15 fighter jets to escort the plain to a safe landing at New York’s JFK airport. The call was made in the United States… Continue Reading
Most cars – even top-of-the-line ones – can be purchased directly from the auto-dealer on the same day as viewing. But that won’t give one the uniqueness that Ares Performance, headed by European auto marketer Dany Bahar offers. The man who has run the International Sports Federation, was behind the creation of Red Bull Media… Continue Reading
There are a lot of factors to consider when embarking on the journey of starting a new business. One of the most important considerations, which can sometimes mean the difference between success and failure, is the city in which the business is launched. WalletHub, a social network site for financial information, examined the 150 largest… Continue Reading
After about ten years of changing energy flows from the US as the world’s biggest importer towards China taking the lead, April was the month China it finally happened. According to Chinese customs data the Asian giant reached an historic high of overseas oil purchases of $7.4 million barrels a day. US imports in April… Continue Reading
A worrisome percentage of renters are paying at least half of their income for housing and utilities, according to census data analyzed by Enterprise Community Partners. The non-profit company that helps finance affordable housing states that the number of such households has increased by 26 percent since 2007, rising to 11.25 million. This fact underscores… Continue Reading
Emerging from talks in a New York hotel, US Secretary of State John Kerry, Defense Secretary Ashton Carter, Japanese Foreign Minister Fumio Kishida, and Defense Minister Gen Nakatani announced revised guidelines for Japanese-US military cooperation, bringing the two countries closer together than ever before as defense partners. The new rules agreed upon call for the… Continue Reading
The Swiss bank UBS has decided the place that needs trimming to bring profits up is their automated options market-making division. Other parts of their options trading arm will remain unchanged. Staff who was engaged in the auto options section will be re-assigned to other parts of the bank which have been more profitable to… Continue Reading
Brent crude oil prices rose by 50 cents a barrel to $58.43 and US crude climbed by 60 cents to attain $52.52 per barrel on Tuesday. The climb in prices is surmised to be due to two main factors: a US forecast of output of lowered US shale oil production, the first decline in over… Continue Reading
Certify, an expense management system provider, reports that use of Uber by business travelers using its service has reached an astounding 46 percent of all ground transportation during the first quarter of 2015. Compared to the figure of 15 percent during 2014’s first quarter, that is a remarkable surge in growth. “While we often see… Continue Reading