The EconomistMutual fundsThe EconomistCELEBRITIES get accused of using plastic surgery, Botox or Photoshop to make their faces look deceptively young all the time. A new academic study* shows that mutual funds use similar tricks to make their returns look more attractive. Under American …
Fire Engulfs Japan Rocket Test Site
Large plumes of smoke billowed from the launch site at Tanegashima Space Center, Japan, after a malfunction during an engine test. Source link
At least one dead and three injured near Vilnius
At least one person has died and three others have been injured after a cargo plane crashed near Vilnius airport in Lithuania in the early hours of Monday.The Boeing 737, operated for DHL by the Spanish cargo airline Swiftair, crashed near a house as it was on its final approach for landing, local authorities said.All 12 people have been safely evacuated from the property, police said.The cause of the crash is still unclear but the defence minister said there were no initial signs it was sabotage or terrorism. The aircraft departed from DHL's hub at Leipzig Airport in Germany just…
Russia Launches New Intermediate-Range Missile at Ukraine
President Vladimir Putin said the attack was in response to Ukraine’s recent use of American and British weapons to strike deeper into Russia. Source link
Stocks to Watch: Covidien, Medtronic, are stocks to watch
Among the companies whose shares are expected to see active trade in Monday’s session are Covidien, Medtronic and Layne Christensen and Korn/Ferry International.
ETF Focus: With ETFs, less is often more
In choosing the right mix of ETFs, less is often more.
Another Mixed Session; NASDAQ Extends Streak to 7
Greece continues to dominate the headlines and the US Stock market continues to push aside the risk. PCLN was a big driver in the NASDAQ’s move today as the index closed in positive territory for the seventh straight session. Volume dropped on the session as the S&P 500 and Dow …
Is There Any Hope Left For Nuclear Energy?
Can nuclear help avoid the worst effects of climate change? The International Energy Agency recently provided a roadmap for nuclear power, detailing how the technology could help keep global temperature increases within a 2-degree scenario. According to the IEA report, between 2015 and 2050 total installed nuclear power capacity around the world …
The Swiss currency bombshell – cause and effect
The completely unexpected decision of the Swiss National Bank (SNB) to remove the 1.20 floor on the Swiss franc against the euro on Thursday was one of the biggest currency shocks since the collapse of the Bretton Woods system in 1971. The decision has been heavily criticised, both for its tactical handling …
Reliance in India corporate spying probe
Delhi police arrest five over alleged sale of energy policy documents
Are Fund Managers Too Optimistic About Europe?
Following the promise of monetary stimulus from the ECB last month, fund managers are overwhelmingly more bullish on Europe.
6 Strategies for Managing a Fast Growing Company
Growth is the goal of every startup but when it comes, it brings its own challenges.
The Economist explains: Why Germany and Greece are at odds
ON FEBRUARY 20th the "Eurogroup"—the finance ministers of the 19 countries that use the euro—will meet in Brussels for the third time in ten days to try to find a way out of the Greek crisis. The mood is poisonous: on February 19th Germany unexpectedly rejected a proposal by…
Gold Stalling at 1200 Figure, SPX 500 Stalling at Record High
Gold prices are digesting losses near the $1200/oz figure while the SPX 500 is waiting for direction cues after hitting a record high.
EUR/JPY, EUR/USD Losing Uptrends from January Lows
Caution, however: the technicals aren’t exaclty clean, thanks to the lingering impact of Greece-related headlines.
Yanis Varoufakis on fiscal waterboarding and Ponzi austerity
Yanis Varoufakis had a long interview on RT’s Boom Bust yesterday going into detail behind his political candidacy and what he expects SYRIZA to do regarding the unsustainable debt burden that the Greek government now has. Overall, despite his problems with the eurozone’s institutional structure, Yanis believes Greece leaving the …
Precious Metal on the Rise After FOMC
Precious metals were on ;the ;rise today after the ;Federal Open Market Committee released minutes of ;its latest monetary policy meeting. The ;minutes revealed …
27-year-old Seattle man says women fly across the country to be with him because he’s a real-life ‘Christian Grey’
Brayden Olson, a 27-year-old Seattle-based entrepreneur, says tons of women have reached out to him because they think he is the “real-life” Christian Grey, the fictional male character in “Fifty Shades of Grey.” A hugely popular erotic novel, “Fifty Shades of Grey” follows the BDSM relationship …
Euro Region Economy Strengthens Amid Wrangling on Greece – Bloomberg
euronewsEuro Region Economy Strengthens Amid Wrangling on GreeceBloombergThe DAX index curve is seen on an electronic column at the Frankfurt Stock Exchange in Frankfurt, Germany. Photographer: Hannelore Foerster/Bloomberg. Recommended. Varoufakis Meets Euro Partners as Greece Seeks to Avoid Default · Day Two Of The …Eurozone Economy Gains Momentum, Survey …
Shocking incentive failure rate in North Carolina
@sandymaxey points me to a new report from the North Carolina Justice Center that is making my head spin. Picking Losers shows that the state’s flagship development program, the Job Development Investment Grant (JDIG), has seen 62 of its 102 projects fail in the period from its inception in 2002 until 2013. That …
Paltrow keeps it quick, Johansson sweet at Oscar rehearsals
Gwyneth Paltrow breezed into the Dolby Theatre almost 20 minutes early for her Oscar rehearsal and walked back out a minute later. Wearing a color-block sweater, black tulip skirt and booties, the actress came in without makeup, her blond hair imperfect, naturally wavy and parted down the center.