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Shares of Tesla Motors Inc (TSLA) edged upward by 1% todayTesla Motors Inc (NASDAQ:TSLA) is scheduled to release its next earnings report on Thursday. When the automaker reports, investors will be looking at how it’s doing on deliveries. Wall Street is pretty excited, as it has been heading into Tesla’s previous earnings report, and analysts… The post Tesla Motors Inc (TSLA) Earnings: Deliveries, Gigafactory appeared first on ValueWalk.

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Ray Dalio & Larry Summers An Examination of How the Economic Machine Works - Harvard 2014. Uploaded on Jun 3, 2014 Ray Dalio & Larry Summers An Examination of How the Economic Machine Works – Harvard 201 -run time 80 minutes This was uploaded in June, but the link was ‘hidden’ so enjoy it! Also see Is… The post Ray Dalio & Larry Summers: How the Economic Machine Works appeared first on ValueWalk.

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GAZA/JERUSALEM (Reuters) - Israeli fire killed at least 21 Palestinians in the Gaza Strip early on Wednesday as the Jewish state said it targeted Islamist militants at dozens of sites across the coastal enclave, while Egyptian mediators prepared a revised ceasefire proposal.

Read more: Reuters: Top News

Apple reduced the price of the non-Retina 13-inch MacBook Pro by $100 to $1,099Apple Inc. (NASDAQ:AAPL) announced that its new MacBook Pro is upgraded with retina display that features a stunning high-resolution screen. The device also comes with a faster processor, powerful graphics and an amazingly thin design of 0.71 inches. According to the Cupertino-based… The post Apple’s New MacBook Pro Comes with Retina Display appeared first on ValueWalk.

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It can be tempting to think of China as one large homogeneous whole, but that couldn’t be further from the truth. On Monday, one of China’s many minority groups, the Uighur, launched a coordinated attack against ethnic Han Chinese immigrants. The Chinese government is claiming that dozens were killed in the attacks. The attacks occurred… The post Coordinated Attacks In China Raise Ethnic Tensions appeared first on ValueWalk.

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It's so easy to get frustrated waiting in an airplane, even though everything is amazing. At the same time, it's vindicating to see reports that airlines actually do have some of the least comfortable seating, literally by design. Here are just a few links on the future of airline seating that may or may not surprise you. The Aircraft Interiors Expo demonstrated some new airline seat designs that could be both space-saving AND comfortable. One design makes things feel roomier by making the

Read more: Techdirt.

Hot off the press Mohnish Pabrai, Dhandho. Heads I win; Tails I don’t lose much Published on Jul 29, 2014 The Dhandho Investor:  In a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. Written with the intelligent individual investor in mind, this comprehensive guide distills the Dhandho capital… The post Mohnish Pabrai Dhandho. Heads I win; Tails I don’t lose much @Google appeared first on ValueWalk.

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SAN FRANCISCO (Reuters) - Twitter Inc halted a slowdown in user-growth in the second quarter with the help of product tweaks and services built around the summer's World Cup, assuaging concerns for now that the online messaging service had peaked.

Read more: Reuters: Top News

HOUSTON (Reuters) - A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a U.S. judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

Read more: Reuters: Top News

How to Evolve into a Better Investor, with David Steinberg of DLS Capital Management The post How to Evolve into a Better Investor appeared first on ValueWalk.

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Well, this is a new one for me. I've never watched the now-concluded show Southland, but it was apparently a typical police procedural show known for being particularly realistic and gritty. As you'd imagine for such a show, the opening credits montage was apparently equally gritty and realistic. So realistic, in fact, that the show's producers used some real-life autopsy photos from real murder victims. One victim's family is, to say the least, not pleased. The victim's mother and sister have

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Twitter Inc. (NYSE:TWTR) reported earnings after the close today, which shattered analyst estimates and sent shares up 29% (at the time of this writing) in post market trading. Investors were satisfied by both the earnings results and comments on the conference call from Twitter management. Below is a portion of the conference call tonight, highlighting… The post Twitter Inc (TWTR) CEO Dick Costolo Remarks On Call appeared first on ValueWalk.

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It’s looking increasingly likely that Argentina will default on some of its bonds. How could that happen and what happens next? Here's what we know: Argentina has defaulted before. After Argentina defaulted in 2001, it told its creditors: "We’ll give you 30 cents on the dollar: take it or leave it." Back then, 93 percent of those creditors took it and 7 percent left it. A tiny percentage of those holdouts  — who, incidentally, were not the original lenders, but rather funds that had purchased the distressed debt from the original creditors — sued. They claimed they hadn't agreed to anything, telling Argentina that the terms of the contract (a term called “parity”) say 'if you pay those other guys, you have to pay us. And you have to pay us the whole amount on the dollar.' They won. Argentina now has to pay. An Argentine default won’t cause a domino effect. Just like with people, for one country to catch another country’s economic bug, it has to be exposed to it.   Stephen Kaplan, assistant professor of political science at George Washington University explains: “In Argentina’s case, they’ve been shut out of global capital markets for quite some time.” It could still make things difficult for other countries trying to get out of debt. There’s no such thing as bankruptcy court in the world of sovereign debt. So there’s not an orderly system when countries can’t pay up. Many countries had been working on the assumption that if they got most of their creditors to say it's OK to be paid back less than they were owed, then the matter would be settled and they could move on.  What the Argentine case means is that unless it’s spelled out in the contract, that assumption doesn’t work, and a minority creditor can squelch a deal.   “It says to all investors, 'instead of settling after a country is facing financial crisis... hold out and [don't] allow a debt restructuring to take place,'” says Eric LeCompte, executive director of Jubilee USA, a religious group that promotes international financial reform. Argentina is damned if it defaults... Argentina has been trying hard recently to get back into the good graces of the international financial community and a default would dash those efforts. As Henry Weisburg, a partner at law firm Shearman & Sterling who specializes in cross-border financial disputes, says “they have a large number of different kinds of bonds and instruments out there and virtually all of them are going to have cross default provisions.” That means if the country defaults on one piece of debt, it defaults on another piece of debt, and those creditors can call in their loans. That results in a difficulty when Argentina wants to find money for financing trade and “in certain circumstances even commercial borrowers in Argentina will have a hard time raising money.” Lawyers for Argentina have suggested defaulting would allow them to restructure their debt in Europe or Argentina, and avoid the laws in the U.S. that made restructuring difficult in this situation.    ...but it's also damned if it doesn’t.  Argentina’s fear is that if it pays these creditors, it will encourage all the other holdout creditors to sue as well.  “The UN Conference on Trade and Development noted that if Argentina paid these holdout creditors in full, it would essentially leave them open to another $135 billion in liabilities,” says LeCompte. “The entire Argentine reserve is less than $30 billion at this point.”

Read more: Latest Stories on Marketplace.org

This just in from the Department of Phone-Calls-You’d-Rather-Not-Get: one in three Americans with credit files had some kind of debt in collection last year, according to a new report.  All told that's about 77 million consumers who were poised to get one of those inherently stressful calls from a debt collector. The Urban Institute partnered with Encore Capital Group, the country's largest publicly traded consumer debt buyer, on the study. To understand the significance of these findings, here’s a little context: When a debt goes in to collection, it basically means the original people you owe money to — maybe a bank or a credit card company or a doctor's office — have given up trying to get it back on their own and a third party is now involved. In some cases, the original creditor sends the debt to an internal collections department to handle it. In other cases, they hire an outside agency to collect for them. In still other cases, the debt is sold to another company altogether.  The collector is usually paid on commission, based on how much of the debt can be recovered. Meaning, if you have a debt that's sent in to collection, you basically become for the debt collector, a name on a spreadsheet. Gustavo Montoya, an emergency room nursing assistant in San Diego, ended up on one of these debtor spread sheets a few years ago. He'd taken a loan for $3,000 from Wells Fargo to help pay for living expenses while he was in school. Then, in 2011, he was contacted by a different company, one he'd never heard of, who had bought his debt.  For two years, the new company called him every day, until another one started calling instead.  Montoya, who was unemployed at the time, says he tried to explain his situation to the collectors that called him.  “The economy was still bad," Montoya said, "I was finding difficulty getting employment. It was really stressful." Beyond the stress, falling into collection can have big repercussions, says Suzanne Martindale, a staff attorney with Consumers Union. It can affect your credit score, your ability to get a loan in the future, even your ability to get a job.  And the growing practice of passing debt from one collector to another, or selling it to another debt buyer, means that in a matter of months there can be several different people from different companies claiming you owe debt to them. “Many consumers I’ve spoken with are just utterly confused—who’s telling me the truth here, what are my rights, and how can I resolve the problem and just get on with my life?” Mark Schiffman, with the Association of Credit and Collection Professionals, an industry group, says the collections process can be stressful. But that it can also be an important step in keeping the economy moving. “Businesses use those moneys to pay their bills, to pay rent, to keep operational costs, to pay salaries.” But even once the original creditor has written off a debt as a loss, and sold it to a third party, the act of debt collection itself can be big business too.

Read more: Latest Stories on Marketplace.org

The European Union is joining the U.S. in imposing tough, new sanctions against Russia, which continues to support separatists in eastern Ukraine. The new measures include an arms embargo and restricted sales of technology and equipment for Russia's oil industry. In a big change, the new sanctions target sectors rather than just individuals in President Vladimir Putin's inner circle. “The shootdown of the Malysian aircraft I think has changed the equation,” says Kenneth Yalowitz, a former U.S. ambassador to Belarus and Georgia, and now a global fellow with the Woodrow Wilson Center. But the new EU sanctions and the U.S. ones already in place, haven’t hit American businesses as badly as some feared. “U.S. companies, if anything, breathed a little sigh of relief today that they’re not going to be held out relative to their European counterparts,” says Doug Rediker, a visiting fellow at the Peterson Institute for International Economics. Russia is not a big trading partner with the U.S. Some companies like ExxonMobil and Citigroup might suffer a bit, but the biggest risk is Russian retaliation against big brands like McDonalds, claiming things like, "Some health concerns — in quotes — that were expressed by Russian authorities,” says Rediker. Other potential targets include companies like Visa, Mastercard, and big U.S. accounting firms. Others see little damage to US companies so far. “Retaliatory sanctions against businesses in the West, to the extent there have been any, they haven’t been very impactful,” says David Levine, partner with the law firm McDermott, Will & Emery. A big question now is whether Western governments will have the stomach to continue sanctions for moral reasons or whether trade and commercial interests will win out.

Read more: Latest Stories on Marketplace.org

Apropos of my discussion with Nichola Twilley about refrigerators in China, Gawker reported today that a fridge in the U.S. is, on average, many cubic feet bigger than fridges in other countries. Some are even twice the size of your average fridge in Europe. Not only do big refrigerators cost us more money because they take more power to cool, but they also may "encourage unhealthy eating habits," says Gawker reporter Dan Nosowitz. He cites a couple of studies including one that says, "families that have more food in the house eat more food." Another one says that "the average American throws out about 25 percent of food and beverages purchased."

Read more: Latest Stories on Marketplace.org

This just in from the Department of Phone-Calls-You’d-Rather-Not-Get: one in three Americans with credit files had some kind of debt in collection last year, according to a new report.  All told that's about 77 million consumers who were poised to get one of those inherently stressful calls from a debt collector. The Urban Institute partnered with Encore Capital Group, the country's largest publicly traded consumer debt buyer, on the study. To understand the significance of these findings, here’s a little context: When a debt goes in to collection, it basically means the original people you owe money to — maybe a bank or a credit card company or a doctor's office — have given up trying to get it back on their own and a third party is now involved. In some cases, the original creditor sends the debt to an internal collections department to handle it. In other cases, they hire an outside agency to collect for them. In still other cases, the debt is sold to another company altogether.  The collector is usually paid on commission, based on how much of the debt can be recovered. Meaning, if you have a debt that's sent in to collection, you basically become for the debt collector, a name on a spreadsheet. Gustavo Montoya, an emergency room nursing assistant in San Diego, ended up on one of these debtor spread sheets a few years ago. He'd taken a loan for $3,000 from Wells Fargo to help pay for living expenses while he was in school. Then, in 2011, he was contacted by a different company, one he'd never heard of, who had bought his debt.  For two years, the new company called him every day, until another one started calling instead.  Montoya, who was unemployed at the time, says he tried to explain his situation to the collectors that called him.  “The economy was still bad," Montoya said, "I was finding difficulty getting employment. It was really stressful." Beyond the stress, falling into collection can have big repercussions, says Suzanne Martindale, a staff attorney with Consumers Union. It can affect your credit score, your ability to get a loan in the future, even your ability to get a job.  And the growing practice of passing debt from one collector to another, or selling it to another debt buyer, means that in a matter of months there can be several different people from different companies claiming you owe debt to them. “Many consumers I’ve spoken with are just utterly confused—who’s telling me the truth here, what are my rights, and how can I resolve the problem and just get on with my life?” Mark Schiffman, with the Association of Credit and Collection Professionals, an industry group, says the collections process can be stressful. But that it can also be an important step in keeping the economy moving. “Businesses use those moneys to pay their bills, to pay rent, to keep operational costs, to pay salaries.” But even once the original creditor has written off a debt as a loss, and sold it to a third party, the act of debt collection itself can be big business too.

Read more: Latest Stories on Marketplace.org

This just in from the Department of Phone-Calls-You’d-Rather-Not-Get: one in three Americans with credit files had some kind of debt in collection last year, according to a new report.  All told, that's about 77 million consumers who are poised to get one of those inherently stressful calls from a debt collector. The Urban Institute partnered with Encore Capital Group, the country's largest publicly traded consumer debt buyer, on the study. To understand the significance of these findings, here’s a little context: When a debt goes into collection, it basically means the original people you owe money to (maybe a bank or a credit card company or a doctor's office) have given up trying to get it back on their own and a third party is now involved. In some cases, the original creditor sends the debt to an internal collections department to handle it. In other cases, they hire an outside agency to collect for them. In still other cases, the debt is sold to another company altogether.  The collector is usually paid on commission, based on how much of the debt can be recovered. Meaning, if you have a debt that's sent in to collection, you basically become a name on a spreadsheet for the debt collector. Gustavo Montoya, an emergency room nursing assistant in San Diego, ended up on one of these debtor spreadsheets a few years ago. He'd taken a loan for $3,000 from Wells Fargo to help pay for living expenses while he was in school. Then, in 2011, he was contacted by a different company, one he'd never heard of, who had bought his debt.  For two years, the new company called him every day, until another one started calling instead. Montoya, who was unemployed at the time, says he tried to explain his situation to the collectors that called him.  “The economy was still bad," Montoya said, "I was finding difficulty getting employment. It was really stressful." Graphic courtesy of the Urban Institute. Beyond the stress, falling into collection can have big repercussions, says Suzanne Martindale, a staff attorney with Consumers Union. It can affect your credit score, your ability to get a loan in the future, even your ability to get a job. The growing practice of passing debt from one collector to another, or selling it to another debt buyer, means that in a matter of months there can be several different people from different companies claiming you owe debt to them. “Many consumers I’ve spoken with are just utterly confused — 'who’s telling me the truth here, what are my rights, and how can I resolve the problem and just get on with my life?'” Mark Schiffman, with the Association of Credit and Collection Professionals, an industry group, says the collections process can be stressful. but it can also be an important step in keeping the economy moving. “Businesses use those moneys to pay their bills, to pay rent, to keep operational costs, to pay salaries.” Even once the original creditor has written off a debt as a loss, and sold it to a third party, the act of debt collection itself can be big business too. Graphic by Shea Huffman/Marketplace

Read more: Latest Stories on Marketplace.org

SAN FRANCISCO (Reuters) - Twitter Inc's monthly active users rose a better-than-expected 24 percent in the second quarter as the online messaging service mostly succeeded in stemming a dwindling pace of growth, sending its shares soaring after hours.

Read more: Reuters: Top News

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