Word: exchangee
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Japan's minister for economy, trade and industry, Kaoru Yosano, summed it up on Monday when he said, "Japan is in a very serious situation." Last month, as the nation's export-driven economy watched global demand slow down, Japan's Nikkei index fell to a 26-year low. Couple...
Mark Cuban is probably the most bombastic man in the NBA - racking up massive fines for shouting at referees from his perch as owner of the Dallas Mavericks - so it's a pretty safe bet he'll face his latest adversaries with gusto. Only this time, it's the Securities...
Clearly, demand for oil didn't fall that much, but the price of oil isn't set by demand alone. It's the product of an extremely volatile mixture of speculation, oil production, weather, government policies, the global economy, the number of miles the average American is driving in...
SemGroup was short oil. Massively. That is, it had bet that the price was going down by contracting to sell millions of barrels of oil it did not own at a future date, on the assumption that the price would fall and SemGroup could supply the barrels at a lower...
Over one year ago, University President Drew G. Faust christened the New College Theatre, prefacing the venue’s first performance in the new space with a grand announcement. Framed by the proscenium arch and backed by a billowing red curtain, Faust joyfully declared the formation of a ?...