Moving another step closer to fulfilling the dreams of the “Now” generation, Amazon announced last week that it will be able to deliver orders within one hour in two new locations. Although some might argue that one hour is technically not “Now,” it certainly comes pretty close, considering the fact that most orders on Amazon… Continue Reading
Latin America is becoming an increasingly attractive economy for outside investors. This is positive news for companies such as Latam Securities that has been providing investment advisory services about investments in fixed-income securities in local and worldwide markets. Company Director Jorge Pepa and CEO Diego Marynberg have been working with these clients in an attempt… Continue Reading
China’s gargantuan e-commerce company Alibaba is opening a cloud computing hub in Silicon Valley, its first such center outside of China. The move is in synch with their global ambitions despite tough competition in their niche. The California hub is at an undisclosed exact location, kept secret for security reasons. It is situated somewhere in… Continue Reading
Speaking before the House Committee on Financial Services last week, Janet Yellen, head of the Federal Reserve, testified that the US financial system is much safer today than it was in 2007 when the most recent economic decline commenced. “I believe the financial system is much safer. There is twice as much high-quality capital among… Continue Reading
Elio Moti Sonnenfeld, also known as Elio Sonnenfeld, is a modern businessman with an illustrious heritage steeped in tradition. Reaching back three generations, Elio Moti Sonnenfeld’s great grandfather was one of the great rabbis of the late 19th and early 20th centuries in Jerusalem, before the establishment of the State of Israel. Born in Vrbové, (Slovakia),… Continue Reading
According to a report published by Boston-based research group Cerulli Associates, the number of financial advisors in the United States has fallen for five straight years. The report points to large numbers of experienced advisors entering retirement as the cause of the decline in numbers of these professionals. In 2014 there were about 285,000 financial… Continue Reading
South Korean auto maker Hyundai Motors has announced its plans to enter the commercial auto market in Europe and the United States. The move is based on the prediction that car sales are on the rise in these markets. When the US and European consumers can expect to see Hyundai in their regions has yet… Continue Reading
Leveraged, inverse and inverse leveraged exchange-traded products first came on the scene in 2006. During the financial crisis, however, they rose to prominence as they showed outrageous returns. Many were attracted to the price swings and the opportunity to get amazing returns in a short period of time. Since that period, according to Michael Sapir,… Continue Reading
President Obama will be delivering the yearly State of the Union Address on Tuesday night not only to Americans, but to a Congress controlled by Republicans in both houses. Nevertheless, Obama has been signaling that he intends to introduce the idea of increasing taxes on the wealthiest Americans in order to pay for tax cuts… Continue Reading
The Global Business Travel Association (GBTA) released its summary of business travel statistics for 2014 this week, and the news is good. Business travel reached record levels, with about 484.4 million trips made creating some $292.2 billion in spending. The summary, which takes the past trends and projects them into the future, predicts that 2015… Continue Reading