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FILTER RESULTS ►No Bubble Yet -- But The Compressor Needs To Be Shut Off
ByKyle Rudduck: In a recent article published in the Wall Street Journal, Philadelphia Fed President Charles Plosser was quoted as saying: "I believe that labor-market conditions warrant scaling back the pace of purchases as soon as our next meeting. Show More Summary
Reuters: Lutz To Help Chinese Buy Fisker On The Cheap
When former TTAC Editor-in-Chief and now Editor emeritus Edward “Op-Ed” Niedermeyer wrote an op-ed in the Wall Street Journal and warned that GM’s center of gravity shifts more and more to China, GM’s retired multi-role fighter Bob Lutz reamed Ed via Fortune. Now, Bob Lutz himself appears to be an accessory in a deal that [...]
Making Deposits in the Sleep Bank
Today, the Wall Street Journal tells us that, within limits, extra sleep can make up for missed sleep. Plus this: Recent data suggests that banking sleep in advance of a long night can actually offset upcoming sleep deprivation. "IfShow More Summary
Public School Spending. "Officials" vs. "Some Critics"
Andrew J. Coulson The Wall Street Journal reports today that according to the latest Bureau of the Census figures there was a 0.4% drop in nominal U.S. public school operating spending from 2010 to 2011. The story then makes this unobjectionable...Show More Summary
WSJ's Moore Hypes Gov. Scott's Misleading Job Math
The Wall Street Journal's Stephen Moore cited figures that independent analysts have called misleading to hype Florida Gov. Rick Scott's claims about his administration's job creation record.
In a post on the Journal's Political Diary...Show More Summary
WSJ Argues For Reducing Historically Low Corporate Tax Burden
The Wall Street Journal called for reform that would lighten the tax burden on corporations without noting that corporate tax revenue has reached historic lows in a time of historically high profits.
Following the May 21 Senate hearing...Show More Summary
SAC Capital Advisors and Steven Cohen May Face RICO Charges
The Justice Department may hit SAC Capital Advisors and its founder Steve Cohen with the most brutal prosecution tactic possible, as far as tools for securities fraud go. According to the Wall Street Journal:
Federal prosecutors areShow More Summary
Global Showbiz Briefs: Chellomedia For Sale; HBO Inks With Amedia; ‘Crossing Lines’ Opens Monte Carlo; More
Liberty Global’s Chellomedia Up For Sale
Liberty Global has put its TV channels unit on the block. The Wall Street Journal reports that John Malone’s international cable business is seeking for $800M-$1B for Chellomedia, which produces...Show More Summary
Verizon Selling Customer Location Data
Verizon Wireless has begun selling more specific data generated by its customers to third-party companies, reports the Wall Street Journal. The data being offered includes details such as locations, travels, demographics, and web-browsing habits. Show More Summary
Fans Putting Daft Punk Helmets on Laywaway...
(Via The Wall Street Journal) Now, as fans awaited the release of Daft Punk’s first new album in eight years, demand has soared for facsimiles of their iconic headgear. Some cash-strapped fans are proposing long-term payment plans; others are fretting over whether they will be able to find models that fit their heads. Read and comment. From online.wsj.com.
Why the Pac-12's Larry Scott Deserves to Be the Highest Paid Commissioner
Pac -12 commissioner Larry Scott earned more than $3 million last year, making him the highest-paid "sitting college commissioner," according to the Wall Street Journal. Scott earned every cent of that paycheck. His innovative and forward-thinking ideas launched the Pac -12 Networks. Show More Summary
Lucchese, Bonanno, Gambino, Genovese, Colombo…Cohen?
Earlier today, the Wall Street Journal reported that federal prosecutors are considering charging SAC Capital as “a criminal enterprise, using a powerful legal tool employed against the mafia and drug gangs,” i.e. the Racketeer Influenced and Corrupt Organizations Act. Show More Summary
Funds Roundup: A Manager’s Edge; Vanguard’s Owner Is You; Lonely MLP Doubters
Your Tuesday reading in 20 words or less: Survivorship bias, a problem in demographics and other research disciplines — not to mention mutual funds and hedge funds — comes to ETFs. — Ian Salisbury, Wall Street Journal Senior loans may be a perfect illustration of why investors sometimes need active portfolio managers. — Paul Baiocchi, [...]
Spotify Launches Streaming Charts Highlighting Top 50 Songs
A year ago, Billboard announced that it would start including Spotify data in its Hot 100 charts, and now the Swedish streaming service is breaking out on its own. The Wall Street Journal reports that Spotify is launching its own charts called the Spotify 50 (below) and Social 50, listing the most-streamed and most-shared songs... Read More
In SAC Case, Prosecutors Weigh Invoking Organized Crime Law: WSJ
The Wall Street Journal’s Michael Rothman writes this afternoon that federal prosecutors are looking into using the Racketeer Influenced and Corrupt Organizations Act, or RICO, against SAC Capital. No hedge fund has ever been charged under the statute, Rothman writes: Under RICO, prosecutors could file charges in connection with crimes committed over the past decade, as [...]
Archer Daniels Midland Company (ADM), Valero Energy Corporation (VLO): Year-to-Date Results Rekindle Ethanol Optimism
It’s been a challenging stretch for the domestic ethanol industry. “One of the toughest,” according to the Wall Street Journal, “in its three-decade history.” Recent events, though, have led even some of the fuel’s harshest critics to concede there could be a bit of light at the end of the tunnel. If indeed there is [...]
REPORT: Prosecutors Might Go After SAC Under Law That Was Made For The Mafia
The Wall Street Journal's Michael Rothfeld reports authorities are considering charging SAC Capital as a criminal enterprise through the Racketeer Influenced and Organized Corruption Act (RICO) act. RICO laws were famously used to bust mafia and drug rings in the '80s and '90s. Fox News apparently first reported this. Show More Summary
5 Reasons Boy Babysitters Are Good for Your Kids
Post by Jeanne Sager How's this for common sense being paraded as breaking news? The Wall Street Journal has an article out this week titled, "No, Girls Are Not Natural Baby Sitters." Considering my husband babysat as a teenager, they're...Show More Summary
Minnesota to Allow Home Day-Care Workers to Unionize
By Mark Peters and Kris Maher, The Wall Street Journal Minnesota is set to allow unions to organize workers who provide home day-care services and other home care, giving organized labor a rare victory at the state level.
The Citizens United obsession
In response to Dems Still Trying to Make IRS Scandal About Citizens United: At the Wall Street Journal, Justice Department veterans David Rivkin and Lee Casey discuss how Citizens United loomed large in the Left's imagination, even as the IRS scandal was brewing. Show More Summary
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