With market indices rallying to all-time highs this summer, investors seem to be betting on a recovering U.S. economy. But more and more pundits are warning that the market may be over-hyping the still somewhat limited real growth in the economy. The U.S. unemployment rate declined...
It's official. The new SEC rules ending the ban on advertising and general solicitation in Regulation D private securities offerings to accredited investors were published in the US Federal Register on July 24. They are effective 60 days later, or September 23, 2013. After that...
The New York Times reports today about a fascinating entrepreneur with a very novel idea: pay a monthly fee to fly as often as you want on his airline. Wade Eyerly thinks this idea can soar with new SurfAir. He gets you on 6-passenger single...
According to Wikipedia, the origin of the term "dog days of summer" was tied around a star. Sirius, in the constellation Canis Major (Large Dog), is called the "dog star" because it is the brightest in the group. In the Greek and Roman days, these stars...
Lately it's been reported that mega-mergers are coming back in a variety of industries. We have waited quite awhile for this to happen. We hope that will also begin to trickle down to the middle and lower middle market of deals. There are pluses and minuses...
Yesterday US prosecutors filed charges against five Eastern European men. They are accused of hacking into computers at Nasdaq and a bunch of major Wall Street companies. It appears the government believes they stole over 160 million credit card numbers. They are calling it the...
The Post Office said today that they are contemplating replacing home delivery of your mail with "cluster boxes" in each neighborhood where you go get your mail. This after they changed their mind about ending Saturday mail delivery after an outcry. That would have saved...
Just minutes ago the City of Detroit said it is filing for bankruptcy. Yep. It's the largest city bankruptcy ever. Pensioners could be hurt along with anyone who has bought Detroit city bonds. So much for the safety of municipal bonds! According to CNN they...
It looks like the small cap market just finished its strongest half year since 2008. That's good! According to The Deal, IPOs doubled, private investments in public equity (PIPEs) are up as are special purpose acquisition companies (SPACs), and additional public offerings by already public companies...
A filmmaker, balking at paying a royalty in a planned documentary on the famous "Happy Birthday" song, decided to sue Warner/Chappell Music, who says they own it. The filmmaker plans to make the suit a class action and demand return of millions of dollars in...