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Day: December 10, 2014

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Cartoon of the Day

By Tony Zuvela, Cartoonist “It’s my own little World which I can escape to everyday and create a fun, weird, berserk Cartoon to whatever subject I like. I enjoy doing all the work myself, and all the aspects of Cartooning,…

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US House passes bill to level charter yacht playing field between USVI and BVI

From Caribbean News Now WASHINGTON, USA — The Coast Guard Reauthorization Act, which includes the US Virgin Islands six-passenger exemption, passed the House of Representatives with an overwhelming vote of 413-3. The bill was authored by House Transportation Committee Chairman…

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US sportsmen find breathing room to voice opinions

By Rebecca Bryan, AFP From Business Insider Los Angeles (AFP) – Against a backdrop of anger over killings of black suspects by white police officers, NBA star LeBron James and other US athletes are making their opinions known in an…

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This is the future of economic forecasting

By Myles Udland From Business Insider On Twitter today, former BI colleague and current Bloomberg editor Joe Weisenthal asked: “Must rates eventually go up?” The answer, of course, is no. Interest rates don’t have to do anything. But moving away…

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Winnie-the-Pooh illustration sells for record price

From Business Insider London (AFP) – The original drawing of an iconic literary illustration depicting Winnie-the-Pooh and his friends playing “poohsticks” sold at auction in London for a record-breaking £314,500 ($490,470 or 399,170 euros). The sale of E. H. Shepard’s…

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We just got more evidence that China’s economy could be headed for deflation

From Business Insider China’s consumer inflation falls to a five-year low of 1.4% in November amid concerns over the risk of deflation in the economy Beijing (AFP) – China’s consumer inflation fell to a five-year low of 1.4 percent in…

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Supreme Court rejects BP’s appeal of oil spill settlement

By Marcia Coyle, Supreme Court Brief The U.S. Supreme Court on Monday eliminated what could have been a major roadblock in the multibillion-dollar settlement reached in the Deepwater Horizon oil spill four years ago. In BP Production & Development v….

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Publication of senate torture report won’t end litigation

By Zoe Tillman, From Legal Times, The Senate Intelligence Committee on Tuesday released hundreds of pages of previously classified documents providing new details on the scope of the CIA’s detention and interrogation program. The full study, at more than 6,700…

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The man who turned a ‘boring’ idea into a $1.7 billion company explains the secret to success

By Eugene Kim From Business Insider When Zendesk CEO Mikkel Svane first came up with the idea of Zendesk, a customer service software that’s now worth $1.7 billion, everyone thought it was boring. But when he shared the vision for…

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Arab Bank asks judge to scrap terror damages trial

By David Bario, From The Litigation Daily This story has been updated to include a statement from Arab Bank. Three months after they were soundly defeated in the liability phase of a landmark terror financing trial, lawyers for Arab Bank…