Turns out Congressmen make a lot of money… A study found that while the average American’s net worth increased 3.7% per year between 2004-2012, members of Congress averaged 15.4% annual gains. That high level of pay means half the members of Congress are millionaires today… and continue to collect their $174,000 annual salary. Of course […]
Shares of CenturyLink (CTL) plummeted 13% in Thursday’s trading session after the telecommunication company said it would cut its dividend by more than half. While investors — who were certain the dividend would remain intact after management pledges — grew angry and fled the stock in droves, this provides an opportunity for the company to improve its […]
Valio, Fazer, and Paulig are quitting the Russian market due to the situation in Ukraine Finnish companies are leaving Russia in protest over its actions in Ukraine, with many saying the sanctions imposed on Moscow by the West would negatively affect their business.