The United States will toughen its stance on North Korea and Iran

HR McMaster, National Security Adviser to US President Donald Trump, provided valuable insight into the near future of US military and foreign policies. On the occasion of his invitation to the TV show Fox News Sunday, McMaster explained that the United States is ready to...

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The Russians are everywhere, even in your ballot

“We’re on the brink of potentially having two European countries where Russia is the balance of disruptor of their leadership,” said US Republican Senator Richard Burr, chairman of the Senate’s powerful Intelligence Committee. According to him, it is safe to warn that, like what has...

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Wall Street profits at a 4-year high

“Wall Street profits bounced back strongly in 2016. Lower costs more than made up for the continued decline in revenues,” said New York State Comptroller Thomas P. DiNapoli. Pretax profits for the broker/dealer operations of New York Stock Exchange (NYSE) member firms, the traditional measure […]

Gordmans Stores filed for Chapter 11

Apparel and home décor retailer Gordmans Stores, Inc. (GMAN) announced that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Nebraska. Founded in 1915, Gordmans currently operates […]

US CEOs’ optimism reached new high

United States’ CEOs’ plans for hiring and investment, and expectations for sales over the next six months jumped sharply with the largest increase since the fourth quarter of 2009, according to the Business Roundtable first quarter 2017 CEO Economic Outlook Survey. CEOs project 2.2 percent […]

Bill Ackman allegedly lost USD 2.8 billion in Valeant

Investor activist Bill Ackman and his Pershing Square Capital Management (PSH) firm, famous for their fight against Herbalife (HLF) which they deemed a pyramid scheme, would have lost up to USD 2.8 billion. Holding approximately 18.1 million shares and 9.1 million call options of Valeant...

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