Business

business

Dominic Volini Joins EO Chicago

Co-CEO of Wolf Point Advisors joins the Chicago chapter of the Entrepreneur’s Organization Dominic Volini, Co-CEO of Wolf Point Advisors, was recently accepted as a new member in the elite Chicago chapter of the Entrepreneur’s Organization. Referred to by Crain’s Chicago Business as one of the most exclusive business groups in the area, EO Chicago comprises entrepreneurs from Chicago’s most influential organizations. As Wolf Point Advisors is poised for historic growth, the Read more […]


chinese-panel

Chinese capital may be less sophisticated than it seems

From left: John Liang, Beth Fisher, Kai-yan Lee and Wendy Cai-Lee The Chinese investors buying up swaths of U.S. real estate may not always know what they’re doing, according to some real estate experts. “I’ve been surprised by the lack of sophistication of some Chinese institutional investors,” John Liang, Xinyuan Real Estate’s managing director of U.S. operations, said Monday during a panel on Chinese real estate investment at the Asia Society. Some are even missing Read more […]


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Junior oil and gas producers say a government program meant to reduce the burden of abandoned wells is strong-arming them out of business

The number of orphan wells has ballooned from 14 in 2012 to nearly 700 today. Each one of those wells poses environmental and financial risksPhotograph Paul Swanson THE NUMBER YOU HAVE DIALED IS NO LONGER IN SERVICE. I dial another number. THE NUMBER YOU HAVE DIALED IS NO LONGER IN SERVICE. And another. THE NUMBER YOU HAVE DIALED IS NO LONGER IN SERVICE. The list of companies on the wrong side of the Alberta Energy Regulator’s Licensee Liability Rating is a dismal depiction of what happens Read more […]


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IDC reports show tablet sales continuing to fall; tech, industry observers contemplate why

Only Amazon, with its low-cost Fire tablet line, is continuing to see any growth; meanwhile, Apple and Microsoft continue to push the power of their tablets to small niches of users The tablet market shrunk worldwide, according to the IDC Worldwide Quarterly Tablet Tracker, something that would have been big news a couple of years ago, but today produces only a yawn. Yep, tablets are dead. Well, kind of. Amazon’s sales are growing, as it pursues a low price strategy. “For Amazon, the Read more […]


business

Swisscom breaks 1Gbps barrier with LTE-A Pro

European telco Swisscom says it has broken the 1Gbps barrier for mobile data transmission, claiming a first for any operator on the continent. According to Swisscom, the trial was conducted over the live mobile network and successfully achieved the 1Gbps speed in partnership with Ericsson. It claims the breakthrough will allow for future relief of burdensome data transfer growth by its customer base, while stating that data volume on its mobile broadband network is still doubling year-on-year. Having Read more […]


business

Enough with the earnings: SEC may reduce company reports

NEW YORK, N.Y. – Four times a year there’s a kind of parade on Wall Street: companies announce their quarterly earnings, all in a row, with the banks first, then the tech companies, and the retailers bringing up the rear. Stocks can rise or plunge based on the results. And three months later it all happens again. But regulators are wondering if it’s time for a change. For about 40 years, companies have had to make four yearly reports of basic financial information, including how Read more […]