Business

Business

Organised crime is driving up murder and kidnapping rates in South Africa

Surging rates of murder, extortion and kidnapping are among signs that crime is posing an “existential” threat to South Africa, according to a report by the Global Initiative Against Transnational Organized Crime. The murder rate has risen 38% since 2010, the number of kidnappings for ransom has quadrupled, and there is an R187 billion ($10.6 […]

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Nearly R90 billion in unclaimed assets, says FSCA

The total value of unclaimed assets in SA is now around R90 billion, with roughly half of that being unclaimed pension funds. Collective investment schemes and life insurers hold a further 38% of unclaimed assets. Speaking to the media on Wednesday, Financial Sector Conduct Authority (FSCA) commissioner Unathi Kamlana said the quantum of funds unclaimed […]

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Ukrainian President Zelenskyy addresses U.N. General Assembly

President of Ukraine Volodymyr Zelenskyy visits the Kharkiv region for the first time since Russia started the attacks against his country on February 24, in Kharkiv region, Ukraine on May 29, 2022.(Photo by Ukrainian Presidency/Handout/Anadolu Agency via Getty Images) Ukrainian Presidency | Anadolu Agency | Getty Images [The stream is slated to start at 5 […]

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Hiltzik: Is Prop 27 about homelessness, or gambling?

California ballot initiative campaigns have long since turned into founts of misinformation and lies purveyed by self-interested promoters. But it may be hard to outdo the sheer cynicism underlying one measure on the November ballot. That’s Proposition 27, which aims to vastly expand gambling in the state by masquerading chiefly as a solution to homelessness. […]

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Biden lauds zero percent rise in inflation last month

Biden lauds zero percent rise in inflation last month

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German Government Nationalizes Uniper in Move to Secure Energy Supply

The utility company, once Germany’s largest importer of Russian gas, has been squeezed since Moscow cut the flow of the fuel, leading to a full takeover.

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Business

Keep your powder dry when it comes to Crown Castle

Moderna Inc: “I actually want to buy the stock. I know it can go lower, but I think it’s a really well-run company.” Texas Instruments Inc: “I think that it’ll make the quarter and I think you can start buying. … Don’t buy all at once.” Trade Desk Inc: “Trade Desk sells at a very […]

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Business

Beck asks $2.95 million for musician-friendly home in Los Feliz

Grammy-winning musician Beck is shopping around his Craftsman-style home in the hills of Los Feliz for $2.95 million — nearly triple the $1.045 million he paid for it in 2014. The price hike is a result of the work Beck put into the property during his eight-year stay. Listing photos show he turned the place […]

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‘An investment in our economy’: White House economic adviser touts IRA

‘An investment in our economy’: White House economic adviser touts IRA

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Business

The Fed Intensifies Its Battle Against Inflation

Federal Reserve officials made another large rate increase and signaled more to come, pledging to quash inflation despite expected pain.

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