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First legal steps taken against Malaysia Airlines, Boeing
March 26th, 2014
A Chicago-based attorney has taken the first formal legal steps related to Malaysia Airlines Flight 370, the opening shot in what promises to be a sustained litigation campaign. Monica Kelly, a lawyer at Ribbeck Law, asked an Illinois state ...
Flight 370: When facts are few, imaginations run wild
March 24th, 2014
Malaysia Airlines Flight 370, a Boeing 777 on the way from Kuala Lumpur to Beijing, simply vanished from the sky on March 8. In the two weeks since, the mystery of what happened to its 227 passengers and 12 ...
Billionaire Sought by U.S. Holds Key to Putin Gas Cash
March 24th, 2014
A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle. Ukrainian Dmitry Firtash, arrested in Vienna ...
Asia Stocks Rise as Copper Slips Amid China Stimulus Talk
March 24th, 2014
Asian shares rose, with the regional index rebounding from its biggest two-week decline since June, and the yen fell. Nickel slid after a seventh weekly gain as a preliminary Chinese manufacturing gauge unexpectedly fell, while gold and silver retreated. ...
Starbucks Aims To Double Market Cap to $100 Billion And Take Over Tea
March 20th, 2014
The world’s biggest coffee chain, Starbucks Corporation (NASDAQ:SBUX), plans to double its market capitalization to $100 billion eventually and dominate the tea industry just as it has with coffee, the company said at its annual shareholder meeting on Wednesday. ...
Offshore Yuan Bets Losing $3.5 Billion, Morgan Stanley Estimates
March 20th, 2014
More than $3.5 billion has been wiped off the value of offshore yuan structured products, Morgan Stanley estimates, as China’s slowing economy and mounting credit concerns weaken the currency. Losses on Target Redemption Forwards were probably in the region ...
Regulators Zone
February 4th, 2014
