Deutsche Bank first-quarter profit falls by half as legal charges bite

By Thomas Atkins FRANKFURT (Reuters) – Deutsche Bank’s (DBKGn.DE) earnings fell by half in the first quarter, a greater-than-expected drop as hefty legal charges eroded gains in investment banking revenue, while it prepares to unveil details of a strategic overhaul. Quarterly net profit sank to 559 million euros ($608 million) versus a Read more

Corinthian Shuts All Campuses, Ending College for 16,000

Corinthian Colleges Inc. shut down its remaining 28 for-profit career schools, ending classes for about 16,000 students, in the biggest collapse in U.S. higher education. All campuses will be closed effective Monday, Corinthian said in a statement Sunday. The company, which owns the Everest, Heald and WyoTech schools, said it will work with other Read more

Investing In China

by Panama Land Star Relationship is actually a crucial in China in order to start trading in China. A special feature of performing business in China will likely be that Guanxi (relationship) in China will have to include relationship with the govt body, investors, partners as well as relationship with your own workers, so when […] Read more

Shift Forex hires former Barclays FX executive Paul Inkster to head London office

Shift Forex hires former Barclays FX executive Paul Inkster to head London office "Paul brings us deep expertise in business development, strategy, product development, marketing and communications across FX, equities, futures and options as well as CFDs and spread betting," said Matthew Miller, Chief Operating Officer, Shift Forex … Read more

Governor McAuliffe announces 2015 Governor's Challenge champions in

Governor McAuliffe announces 2015 Governor's Challenge champions in … economic-forecast-header Governor Terry McAuliffe announced on Monday the winners of the 2015 Governor's Challenge in Economics and Personal Finance. Preliminary online rounds attracted a record number of participants, more than 3,200 high school … Read Read more

Volkswagen Chairman Piech resigns after failing to oust CEO

By Georgina Prodhan and Maria Sheahan FRANKFURT (Reuters) – Ferdinand Piech, a towering figure at Volkswagen (VOWG_p.DE) for more than two decades, resigned as its chairman on Saturday after losing a showdown with Chief Executive Martin Winterkorn. Piech, the 78-year-old grandson of the inventor of the Volkswagen Beetle, had previously seen Read more

Roland Fryer Wins John Bates Clark Young Economist Award

Roland Fryer of Harvard University won the American Economic Association's John Bates Clark young economist award for his work on the economics of race and education, the AEA said on its website. Fryer's "innovative and creative research contributions have deepened our understanding of the sources, magnitude and persistence of U.S. racial Read more

Beware of volatility in foreign exchange markets

Beware of volatility in foreign exchange markets Singapore investors who are exposed to foreign currencies have been warned to be careful, given current foreign exchange market volatility. ABN Amro's senior foreign exchange strategist, Mr Roy Teo, told The Sunday Times that the Singdollar is expected … Read more on AsiaOne The Psychology Read more

Amazon shares are soaring … but it may not be for the reason you think

Amazon’s (AMZN) stock price is shooting up on Friday to an all-time high, gaining 15% and adding over $25 billion to the company’s market cap. While most of the headlines about Amazon’s first-quarter earnings focused on the company’s first revelations of revenue at its cloud unit, known as Amazon Web Services, the real Read more

Families Who Stayed at Ronald McDonald House Reported More Positive Overall Hospital Experiences in New Study

OAK BROOK, IL–(Marketwired – Apr 24, 2015) – A study published in Medical Care Research and Review finds that families of hospitalized children who stayed at a Ronald McDonald House reported more positive overall hospital experiences than families who stayed in other accommodation types, such as in the child’s hospital room Read more