Eagle Bulk Shipping Inc., a Marshall Islands corporation, is one of the leading owners of Handymax dry bulk vessels in the United States. Focusing mainly on ocean transportation of both minor and major bulk cargoes, the company ships iron ore, coal, grain, cement, fertilizer and many other commodities on global shipping routes. Founded by Sophocles… Continue Reading
Despite what some observers see as a slow-down in the Asian investments sector, there are several hedge funds that have proven these observers to be too pessimistic. Take for example the recently launched Oasis Investments Limited fund, which had an extraordinary beginning. During the first 14 months of investing with its internal funds the global… Continue Reading
Walt Disney Co. is purchasing Lucasfilm Ltd. for a little over $4 billion. Chief Executive Officer Robert Iger’s $15 billion bet on creative franchises has been strengthened thanks to the ‘Star Wars’ and ‘Indiana Jones’ films. George Lucas is the sole owner of both series. According to a statement from Disney, Mr. Lucas will receive… Continue Reading
According to the Chicago Tribune, businesses expect this year’s Halloween candy sales to be higher than any other time in the last decade. National Confectioners Association spokeswoman Susan Whiteside explains that while candy “is a luxury,” it is “a very affordable luxury.” This is especially true when “economic times are tough, the things that bring… Continue Reading
This month, United Realty Partners, formed in January 2012 by Eli Verschleiser and Jacob Frydman, appointed a new member to the board of directors. Leonard Toboroff, a member of the New York Bar and a practicing attorney since 1961, is currently the director of ENJEX Corp. He is also a director of NOVT Corporation, where… Continue Reading
In a recent article for Forbes.com, David K. Williams discussed the most powerful, important word in business. He explains that while many would guess “No”, the winner is really “Enough.” The ability to recognize the ‘enough’ moment grants balance and therefore, success. Williams explains: Enough time. “Do you find yourself not having enough time to… Continue Reading
Before the financial crisis, mortgages kept banking thriving. Once the crisis hit, however, earnings fell dramatically. Mortgage lending today is a completely different game. According to Boston.com: “Bank of America, the country’s second-biggest bank, reported Wednesday that mortgage originations jumped over a year ago- up 18 percent to $21 billion. But the mortgage unit still… Continue Reading
Around 11,000 business books are published every year in the U.S., according to 800CEOREAD CEO Jack Covert. In a recent article for Forbes.com, Erika Anderson discussed the business-related advantages of writing a good book. First, she defines a good book as one that is grammatically correct, understandable, engaging, and that contains ‘clearly stated, useful ideas.’… Continue Reading
Christine Lagarde, head of the International Monetary Fund, recently called for additional action as Europe continues to grapple with debt and the U.S. struggles with an impending fiscal crisis. Lagarde claimed that the world economy is faring worse than even the more pessimistic expectations. Though the European Central Bank and European governments have taken several… Continue Reading
The International Monetary Fund projects slow global growth as the euro zone’s situation worsens and other economies remain threatened. It states that the world economy will grow a total of 3.3% this year. This is the slowest since the recession in 2009. “A key issue is whether the global economy is just hitting another bout… Continue Reading