Onalaska – Small Town in Big Bizjet Business

Onalaska, Texas small town with 2,755 inhabitants, has 1,000 registered bizjets, but no airport. WFAA TV station, has revealed this mystery and investigation found planes were registered to two post office boxes in Onalaska. WFAA said Onalaska had more registered bizjet planes than…

Top Managers of 10 Hedge Funds Gained $7.7 Billion

The year 2018 was one of the worst for most of the mutual and hedge funds. Unable to recognize the “Bubble of everything”, most of the funds lost 12 to 25% of their NAV. Despite the unfavorable developments in the…

When prices are distorted, smugglers have busy days

Smugglers take advantage of distortions in socialist economy, pocketing 1,000% profit, Venezuelans smuggle out subsidised food. Amid the political turmoil of Washington’s attempted coup, Venezuela’s socialist experiment has sparked an entrepreneurial spirit among its citizens who are making 1,000% returns, taking advantage of…

France Mulls EdF De-Listing

The French government is considering buying out minority shareholders of EdF (Electricite de France SA), amid nuclear challenge. It’s the first step in a corporate restructuring to address the challenge of replacing the country’s nuclear-powerplants. The French government has asked…

Spain Plans to Close All Nuclear Plants by 2035

Spanish government to close all seven of its nuclear plants between 2025 and 2035 as part of plans to generate all the country’s electricity from renewable sources by 2050. Energy Minister Teresa Ribera just announced the move, as the Socialist…

Nissan earnings up, outlook dim

Japanese carmaker Nissan Motor raised quarterly operating profit by a quarter to 103.3 billion yen (about $ 890 million). Profit, however, did not meet the expectations of analysts and the carmaker reduced the year-round view. Nissan also announced that it…

TSMC at full steam ahead to 7nm volume production in March

Taiwan Semiconductor Manufacturing Company (TSMC) expects to start production at an industrial level of 7nm at the end of March, ASML, which supplies EUV (extreme UV) lithography equipment, wants to supply 30 EUV systems in 2019. Of the sets to…