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Tue, 13 Oct 2015 06:02:42 GMT
Fortress's Novogratz Plans Exit After Two Years of Losses
Fortress Investment Group LLC plans to tell clients in the coming days that it is liquidating Novogratz's macro business following almost two years of losses that spurred an investor exodus. Novogratz, whose unit oversaw $2.3 billion as of June, is ...
Tue, 13 Oct 2015 06:00:27 GMT
Now the Tories are allowing big business to design their own tax loopholes
At first glance this sounded like an everyday tale of Mega-Business Making a Mockery of Our Tax Laws, to be filed alongside Google, Starbucks – or this weekend's disclosure that Facebook paid less to the exchequer last year than you probably did. But ...
Tue, 13 Oct 2015 03:52:10 GMT
Hamilton businesses plan protest over potential IRD move
The taxman's failure to commit to staying in Hamilton's central business district has sparked a protest action and the city's mayor says she's likely to join the march. Hamilton Central Business Association has emailed its members as well as property ...
Tue, 13 Oct 2015 03:51:11 GMT
PSG has R900m to grow businesses
To sustain growth, PSG is investing in the businesses it controls and there is an expectation from the market for it to produce the next Capitec, Curro, Zeder or PSG Konsult. "The cash available to make new investments is about R900m," CEO Piet Mouton ...
Tue, 13 Oct 2015 00:10:00 GMT
HERE COMES THE MALCOLM METER...
Business Insider Australia
Anecdotally, speaking to business leaders and investors over the past month, people are more upbeat. There's a sense that Turnbull is more engaged with the real challenges the Australian economy is facing: a slowing China, the attendant need for the ...
Tue, 13 Oct 2015 03:32:55 GMT
New York fintech startup nets funding for international expansion
Mobile banking startup Moven has raised $12 million from a group of venture investors, according to a person familiar with the matter. The round was led by Route 66 Ventures, according to the person. It brings the New York-based fintech company's total ...
Mon, 12 Oct 2015 23:45:15 GMT
Here's what Jim Chanos is getting wrong about Tesla
His point was that competition has arrived for Tesla, competition that will put pressure on the company's business and stock price. BMW sold 1,892 of its i8 sports cars and i3 city cars in September, but there are problems with Chanos' comparison ...
Mon, 12 Oct 2015 23:37:30 GMT
Minnesota Public Radio News
UCare lays off 200 after losing state health business
Minnesota Public Radio News
The decision effectively cost UCare about 370,000 clients, or about 70 percent of the company's business. UCare sued to stop the department, arguing that moving so many people to other plans would be disruptive. Its leaders also appealed directly to Gov.
Tue, 13 Oct 2015 02:57:00 GMT
Business confidence edges up, conditions flat: NAB
Confidence in Australian business has enjoyed a boost after the Federal Government's leadership change, but conditions have remained flat, according the NAB's monthly business survey. NAB chief economist Alan Oster said there had been a partial ...
Tue, 13 Oct 2015 02:55:45 GMT
Playboy Magazine will no longer feature nude women in its print edition
Starting next year, the publication long known for showcasing the female physique, will no longer feature models in the nude, according to a report in The New York Times. The decision apparently rose from a meeting with Playboy editor-in-chief Hugh ...