Cocaine prices in the US have barely moved in decades — here’s how cartels distort the market
By Christopher Woody From Business Insider Efforts to staunch the flow of cocaine in recent years have focused on the source — ripping coca plants out of the ground or dousing them with herbicide. And attacking cocaine production at the…
2 former traders at Izzy Englander’s Millennium have reunited to launch a new hedge fund
By Rachael Levy Two former staffers at Izzy Englander’s Millennium Management are launching a new hedge fund. The New York-based investment firm, Carbon Investment Partners, is scheduled to launch November 1 with $10 million under management. Lee Bressler, the new firm’s…
Freight rail traffic is collapsing
By Wolf Richter, Wolf Street Total US freight rail traffic, as measured in carloads and intermodal units, fell 6.1% in the week ended October 8, from the same week last year, the Association of American Railroads reported today. It was down…
Collas Crill senior hire extends BVI reach
Following the announcement of its merger with BVI firm Farara Kerins, Collas Crill has appointed decorated lawyer Stephen Adams as a partner in its Singapore office. Stephen has been practising offshore for close to 20 years, advising on a full…
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Oklahoma shuts down wastewater disposal wells after recent earthquake
By Barclay Richard Nicholson or Johnjerica Hodge Contributed by Norton Rose Fulbright US LLP From ILO The oil and gas industry is often blamed for increased seismic activity across the United States. A recent earthquake has again sparked a debate…
Palantir says it didn’t racially discriminate against Asian people
By Megan Rose Dickey From TechCrunch Palantir Technologies has come out and said that it did not discriminate against Asian people, Fortune reports. This comes after the U.S. Department of Labor sued the company for alleged racial discrimination against Asian…
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Americans choose Antigua and Barbuda as their Caribbean destination for 2016
Twin-Island Country Continues Double Digit Growth With Busiest Summer in Over a Decade NEW YORK, NY–(Marketwired – October 14, 2016) – The Antigua and Barbuda Tourism Authority New York Office has been experiencing an unprecedented 2016 with continued and consistent…
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Google opens computer science lab in Oakland for young people of color
By Megan Rose Dickey From TechCrunch Google is officially unveiling Code Next, its computer science lab for youth, today in Oakland. The program, which USA Today’s Jessica Guynn got wind of last month, is designed to offer young black and…
While the IPO market roars back, venture remains leery
By Ben Narasin From TechCrunch The IPO market is poised to make an almost complete 180° turnaround after a bleak Q1 and a very quiet summer. JPMorgan alone said they were launching 20 global IPOs, and has successfully launched nine in…
Robert De Niro talks Antigua-Barbuda investments in Dubai
From Caribbean News Now DUBAI, UAE — While actor Robert De Niro’s rant on Donald Trump was making media waves around the globe, he was part of a delegation that included the prime minister of Antigua and Barbuda, Gaston Browne,…
