Recent Posts

Holiday Gift Returns May Become Part of Your Local Dump

Holiday Gift Returns May Become Part of Your Local Dump

Five billion pounds of holiday gifts will end up being thrown in the trash, according to tech company Optoro that helps big retailers manage returns. The returns are not only unfriendly for the environment but they are very costly for retailers. Each year, approximately $380 billion in goods are returned […]

Conoco Moving to Take Over Assets of PDVSA in Caribbean

Conoco Moving to Take Over Assets of PDVSA in Caribbean

Conoco/Phillips the oil giant based in the U.S. is moving on taking over Caribbean assets of PDVSA the state-run Venezuelan oil business to enforce an arbitration award of $2 billion over a nationalization of its projects more than a decade ago in the South American country, said sources close to […]

China Offering Tax Breaks As Incentive to Tax Overhaul in U.S.

China Offering Tax Breaks As Incentive to Tax Overhaul in U.S.

China has responded to the tax overhaul in Washington by offering a break to foreign companies on taxes in China in an attempt to keep investment. Late Thursday, the measure was announced and is the Beijing’s first major reaction to the decision by the U.S. to slash corporate taxes. It […]

Venezuelan Chaos Could Grow Much Worse

Venezuelan Chaos Could Grow Much Worse

As Venezuela sinks further into chaos the country has large bills that are coming due and it still has not paid other debts due several weeks ago. PDVSA the state-operated oil company paid $900 million to its bondholders, but another $350 million is still owed, from earlier in the month. […]

Norwegian To Offer $199 One-Way Routes From Seattle to London 4-Days A Week

Norwegian To Offer $199 One-Way Routes From Seattle to London 4-Days A Week

Norwegian Air has just announced a new route that is sure to shake things up across the Atlantic: new service from Seattle to London Heathrow for $199 one-way. The airline will offer four flights a week aboard a Boeing Dreamliner 787-9 aircraft, which can carry up to 35 first class […]