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"A massive system-wide problem, not just for those in finance, but more importantly for society at large"

Evil Erin/flickrInvestors have been having a great time of it the last 30 years, benefiting from higher than average returns and lower than average volatility in the equity and bond markets.  But these positive conditions aren't necessaril.....»»

Category: topSource: businessinsiderJan 10th, 2017

Stressed assets: Banks to send 23 of 28 large dud accounts to NCLT tomorrow

These 28 accounts together account for 40 per cent of the system wide bad loans or worth around Rs 4 trillion.....»»

Category: topSource: business-standardDec 12th, 2017

Companies Leave Bean Counting to the Robots

Large corporations world-wide are increasingly turning to robotic software in an effort to cut costs, liberate workers from repetitive tasks and, in many cases, reduce finance-department employee numbers......»»

Category: smallbizSource: wsjOct 19th, 2017

The earlier normal was large amounts of cash in the system

The Finance Minister speaks about the challenges before a tax system in India.....»»

Category: topSource: business-standardOct 14th, 2017

There are 7 times more large comets in our solar system than scientists previously thought

Wikimedia CommonsNew research shows that the outskirts of our solar system are littered with many more large comets than has been previously estimated. These massive icy wanderers can take hundr.....»»

Category: topSource: businessinsiderJul 26th, 2017

Brazilians Are Too Weary of Scandal to Protest Their Graft-Tinged Leader

More than three years into a vast antigraft scandal that once sparked massive protests and a former Brazilian leader’s ouster, a wide swath of society is fed up with political instability......»»

Category: topSource: wsjJun 29th, 2017

Huge Cyber Attack Reaches 99 Countries, Spread Slows

The massive cyber attack that has take down almost the entire hospital system in the United States and affected businesses like FedEx that have large global systems, has spread to 99 countries......»»

Category: blogSource: 247wallstMay 13th, 2017

How to finance your growing technology company

Tales of unicorns and massive valuations make for big headlines. Although there is a lot of publicity surrounding companies who raise large sums of money very quickly, this kind of situation is quite rare. Most growing technology companies face the sa.....»»

Category: topSource: bizjournalsMar 1st, 2017

Massive debt write-offs required to rescue large corporates: Eco Survey

Economic Survey 2016-17 says even after eight years the bad debt problem remains unresolved.....»»

Category: topSource: business-standardJan 31st, 2017

Sales practices a key risk to banking system, says U.S. regulator

WASHINGTON (Reuters) - Wells Fargo's phony account scandal has spurred a top U.S. bank regulator to count sales practices as a chief risk to the country's banking system and to embark on a wide-sweeping review of large and mid-sized institutions......»»

Category: topSource: reutersJan 5th, 2017

Rosy Scenario Creates A Bright Future For Electric Vehicles

Proponents of electric vehicles — EVs — in large measure due to the fascination and hype associated with Tesla, describe a future transportation system that borders on revolutionary. For example, Bloomberg New Energy Finance recently published a repor.....»»

Category: blogSource: valuewalkNov 21st, 2016

SpaceX says it knows why its rocket exploded three weeks ago

SpaceX announced today that a "large breach" in the cryogenic helium system of the second-stage liquid oxygen tank was the likely cause of a pre-launch rocket explosion Sept. 1. Preliminary data shows that the time from the first signs of a problem to lo.....»»

Category: topSource: bizjournalsSep 23rd, 2016

New England Has a Power Problem

New Hampshire’s rejection of a planned 192-mile power line from Canada to Massachusetts is the latest example of just how hard it is to build large energy infrastructure in New England, even as states struggle to meet pressing electricity needs......»»

Category: smallbizSource: wsjFeb 23rd, 2018

Wendy"s says system-wide sales growing faster than comp sales

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 22nd, 2018

Jobs, training, free tickets: Casino woos minority community

A new casino is making a massive effort to engage Atlantic City's large minority community in which it will operate, where black residents have long felt excluded from the riches that the gambling halls generate......»»

Category: topSource: foxnewsFeb 21st, 2018

RBI"s revised framework for resolution of stressed assets will crimp growth

The RBI is administering strong medicine to rid the banking system of the non-performing assets (NPAs) problem at one go.....»»

Category: topSource: business-standardFeb 19th, 2018

Rs 114-bn PNB scam: Govt seeks RBI"s view on lapses in banking system

In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator.....»»

Category: topSource: business-standardFeb 19th, 2018

Has Uber Become Part of the System It Fought Against?

Regulatory capture is a problem in this country. It happens prett.....»»

Category: blogSource: valuewalkFeb 18th, 2018

NASA scientists discover nearly 100 new planets beyond solar system

Today some 3,600 exoplanets have been found, ranging from rocky Earth-sized planets to large gas giants like Jupiter.....»»

Category: topSource: business-standardFeb 16th, 2018

California"s massive state pension fund lost $15 billion in the recent market chaos

Thomson Reuters The California Public Employees Retirement System got slammed during the stock market slide that ended last week. The massive pension fund lo.....»»

Category: topSource: businessinsiderFeb 15th, 2018

How Punjab National Bank became a victim of India"s biggest bank fraud

The finance ministry has issued an advisory to all banks to review their large customer exposures, according to media reports.....»»

Category: topSource: business-standardFeb 15th, 2018