Thursday 8 December 2016

Vindication Recovery Services | Tips For Investing in Stock Market



Vindication Recovery Services - Tips For Investing in Stock Market. Vindication Recovery Services works on your side not against you. Based on a client-first approach our reach is worldwide and we will assist in protecting you no matter where you live. With 15 years of experience in the investment field, we support injured investors through portfolio analysis and market research as we look for a potential recovery of lost market assets through arbitration. We believe it is our job to educate and identify wrongdoing and to make sure that any fraud or misconduct results in the recovery of your market losses.

Author accused of 'Christmas greed' after spending $23,000 to snap up and resell Hatchimals, the hot holiday toy


News By : Vindication Recovery Services

Sara Gruen, author of the bestselling novel "Water for Elephants," is scrambling to sell more than 100 "Hatchimals" toys that she bought on EBay the day after Black Friday.  She’s also ducking the ire of parents who are desperate to get the hot holiday toy for their kids.

The writer purchased 156 of the in-demand toys at an average price of $151— spending more than $23,000 — with the goal of reselling them at a further marked-up price. She intends to use the proceeds to help fund the defense of a man she says is serving a life sentence for a crime he didn't commit.

Her plan backfired, though, when EBay wouldn't let her resell the toys, she wrote in a Facebook post that drew some harsh criticism from readers. One called her move “Christmas greed,” while another wrote, “Exploiting families whose children want these toys for Christmas is awful.”


Hatchimals, perhaps this year's most sought-after toys, are battery-operated interactive furry creatures that arrive inside spotted eggs. Kids are meant to tap and rub the egg until the toys eventually emerge.
The suggested retail price is $59.99, but high demand and low supply has made them popular on auction sites, where they routinely sell for $100 or more.

"I have a fortune invested, only one venue to offload them, and in only three weeks they will magically transform into useless pumpkins that will take up space in my office FOREVER, and have caused my financial ruin," Gruen wrote. "Oh, and I’ll still owe the lawyers."

Gruen told the Philly Voice that she paid $23,595.31 to buy 156 of the toys before realizing she wouldn't be allowed to resell them on EBay. The site only lets users post three Hatchimals auctions per week.
After the media attention, Gruen was told by EBay that she has been “white listed to sell as many Hatchimals as I want for as long as I want,” according to a follow-up report in the Philly Voice.

In a Wednesday Facebook post, Gruen wrote that she had managed to sell 40% of the toys via her Shopify site The Gruen Zoo, and had given four away to"needy kids."

"Thank you to my supporters, whom I know outweigh the haters," she wrote.
Gruen told the Philly Voice that in addition to the negative comments, she'd received death threats because of her Facebook post.

Source: latimes Posted By Vindication Recovery Services

Wednesday 7 December 2016

China just gave the clearest signal yet that its economy is bouncing back

China parade 


If there was any doubt the Chinese economy is humming again, it’s surely been dispelled Wednesday.
Chinese trade data has beaten across the board in October, a good sign for not only its economy but global demand as a whole.

According to China’s General Administration of Customs, the value of both imports and exports increased from a year earlier in US dollar terms, the first time that’s been seen since October 2014.
Exports increased by 0.1%, an improvement in the 7.3% decline seen in the 12 months to October and stronger than the 5.0% contraction expected.

It was the first time since March this year that the value of exports increased in year-on-year terms.
In yuan-denominated terms, and reflective of the strength in the US dollar over the past year, the value of exports grew by a stronger 5.9%.

The news was even better on the other side of the ledger with the value of imports increasing by 6.7% from a year earlier, the fastest expansion reported since September 2014.

In yuan-denominated terms, that figure swelled to 13% over the same period.
In volume terms, copper, crude oil, iron ore and coal imports all surged, partially in response to the Golden Week holiday in early October.

Copper imports jumped to 380,000 tonnes, up from 290,000 tonnes in October, while crude oil imports surged to 32.35 million tonnes from 28.79 million tonnes reported previously.

Iron ore and coal imports increased to 91.98 and 26.97 million tonnes respectively, up from 80.8 and 21.58 million tonnes a month earlier.

With the value of imports slightly outpacing the increase seen in exports, the nation’s trade surplus narrowed to $US44.61 billion, down from $US49.06 billion in October.

Markets had been expecting the surplus to narrow to $US46.3 billion.

Source: businessinsider Posted By Vindication Recovery Services

U.S. senators quiz AT&T, Time Warner executives over how planned merger would affect consumers


News By : Vindication Recovery Services

senators launched the government’s review of AT&T's proposed takeover of Time Warner Inc. on Wednesday, quizzing company executives on a host of concerns, including whether consumers’ monthly TV bills would continue to climb if the mega-media marriage is approved.

The merger review comes amid a charged atmosphere in Washington. President-elect Donald Trump has said his administration would block the proposed $85.4-billion AT&T-Time Warner combination because it would mean “too much concentration of power in the hands of too few.”  Now, Trump’s Department of Justice will decide whether the government will approve the combination — or try to block it.

Although lawmakers won't decide the outcome, the issues raised Wednesday on Capitol Hill will be central to the Justice Department’s scrutiny of the deal.

Critics worry that combining AT&T — the nation’s largest pay-TV company and second-largest cellphone service provider — with Time Warner — an entertainment colossus that  owns CNN, HBO and the Warner Bros. film and TV studio —  could hinder development of the online streaming market, which competes with traditional TV.


“Speaking bluntly, what I think, what any of my colleagues thinks, may make no difference whatsoever because Donald Trump has said he’s going to block this merger, and I take him at his word,” Sen. Richard Blumenthal (D-Conn.) said, eliciting snickers from the audience in the hearing room.

Blumenthal said that while he tended to agree with Trump’s antitrust analysis, he expressed deep concerns over whether Trump would use the power of the presidency to punish news outlets, in this case CNN, if he doesn’t like the coverage.

“For a public official to use the blunt and heavy instrument of law enforcement to try to silence or change coverage by a news department of any company, for me, is absolutely abhorrent,” Blumenthal said.
The senator asked AT&T Chief Executive Randall Stephenson and Time Warner CEO Jeffrey Bewkes, who both were testifying before the committee, if they shared his concerns about the importance of preserving 1st Amendment protections.

Bewkes replied that Time Warner has long defended its journalistic independence. Stephenson labeled himself “a political novice,” and stopped short of criticizing Trump.

“The Department of Justice will be the one reviewing this transaction and making a determination of whether it is competitive or not,” Stephenson said. “We actually believe the facts are going to be very compelling and very good, that this is pro-competitive and pro-consumer.”

The bulk of the 2 1/2-hour hearing delved into whether AT&T would have too much power if it swallowed Time Warner, which also owns TBS, TNT, Cartoon Network and Turner Classic Movies.

While buying Time Warner would not wipe out a direct competitor, AT&T would become more influential because it would own both the programming and the delivery systems used by more than a quarter of Americans.

The Federal Communications Commission already has raised concerns about AT&T’s decision to enable its cell phone customers to stream DirecTV content without having it count against their monthly data caps, which leads to higher fees. AT&T bought DirecTV last year.

Critics say the move by AT&T to keep DirecTV content exempt from data caps shows that AT&T would favor its own programming at the expense of content provided by a rival such as Netflix.

“The solution for less competition is not even less competition,” Sen. Amy Klobuchar (D-Minn.) said.
Sen. Michael S. Lee (R-Utah), chairman of the Senate subcommittee on antitrust issues, added: "The potential antitrust favoritism the combined firm could bestow on its own products is not limited to price or access, but extends to the quality of the offerings as well,”

But Stephenson said the Time Warner acquisition would ensure more vibrant competition — not less.
The AT&T chief was joined by an unexpected ally: billionaire Mark Cuban, who owns the Dallas Mavericks basketball team. Cuban, who struggled to get wide distribution for his cable-TV channels, argued that lawmakers should have a more expansive view of the competitive landscape.

“The media world has changed,” Cuban said. “It used to be that TV was the best alternative to boredom.” adding that now millions of Americans turn to an app on their phone when they want to be entertained.
Facebook, Google and Apple, which control many of the apps that consumers use, have become more influential than AT&T and Time Warner in determining what content consumers will watch, Cuban argued.
Consumer group Public Knowledge’s Chief Executive Gene Kimmelman countered that consumers do not pay more than $200 a month to Google and Facebook as they do for their pay-TV and Internet service.

Source: latimes Posted By Vindication Recovery Services

Donald Trump just insulted a union leader on Twitter. Then the phone started to ring.

 

News By : Vindication Recovery Services

Chuck Jones uses a flip phone, so he didn’t see the tweet. His friend of 36 years called him Wednesday night and said: The president-elect is smearing you on Twitter.

Jones, a union leader in Indianapolis, represents the Carrier workers whose jobs Donald Trump has pledged to save. He said the sudden attention from the country’s next leader didn’t feel real.

“My first thought was, ‘Well, that’s not very nice,’ ” he told The Washington Post on Wednesday night. “Then, 'Well, I might not sleep much tonight.' "

Jones, president of the United Steelworkers Local 1999, told The Post on Tuesday that he believed Trump had lied to the Carrier workers last week when he visited the Indianapolis plant. On a makeshift stage in a conference room, Trump had applauded United Technologies, Carrier’s parent company, for cutting a deal with him and agreeing to keep 1,100 jobs that were slated to move to Mexico in America’s heartland.
Jones said Trump got that figure wrong.

Carrier, he said, had agreed to preserve 800 production jobs in Indiana. (Carrier confirmed that number.) The union leader said Trump appeared to be taking credit for rescuing 350 engineering positions that were never scheduled to leave. Five hundred and fifty of his members, he said, were still losing their jobs. And the company was still collecting millions of dollars in tax breaks.

In return for downsizing its move south of the border, United Technologies would receive $7 million in tax credits from Indiana, to be paid in $700,000 installments each year for 10. Carrier, on top of that, has agreed to invest $16 million in its Indiana operation. United Technologies, meanwhile, still plans to shuttle 700 factory jobs from Huntington, Ind., to Monterrey, Mexico.

Jones, who said the union wasn't involved in the negotiations, said he's working to lift his members' spirits. He said he didn't have time to worry about Trump.

“He needs to worry about getting his Cabinet filled,” he said, “and leave me the hell alone.”
Representatives for Trump did not respond to The Post's requests for comment.

Over the past two decades, the United States has lost about 4.5 million manufacturing jobs, a consequence economists ascribe to trade and automation. Jones said he has fought to keep work on U.S. soil, bargaining repeatedly with Carrier and Rexnord, another Indianapolis plant that plans to relocate jobs to Mexico.

Vice President-elect Mike Pence tweeted his support for Jones earlier this year:Half an hour after Trump tweeted about Jones on Wednesday, the union leader's phone began to ring and kept ringing, he said. One voice asked: What kind of car do you drive? Another said: We’re coming for you.

He wasn’t sure how these people found his number. 
“Nothing that says they’re gonna kill me, but, you know, you better keep your eye on your kids,” Jones said later on MSNBC. “We know what car you drive. Things along those lines.”
“I’ve been doing this job for 30 years, and I’ve heard everything from people who want to burn my house down or shoot me,” he added. “So I take it with a grain of salt and I don’t put a lot of faith in that, and I’m not concerned about it and I’m not getting anybody involved. I can deal with people that make stupid statements and move on.”
Brett Voorhies, president of the Indiana State AFL-CIO, called Jones after Trump’s tweet caught his eye. Jones, he said, had just left his office in Indianapolis, where he manages the needs of about 3,000 union members.
“This guy makes pennies for what he does,” Voorhies said. “What he has to put up with is just crazy. Now he’s just got the president-elect smearing him on Twitter.”

Source: WashingTonpost Posted By Vindication Recovery Services

Trump Picks Scott Pruitt, Climate Change Denialist, to Lead E.P.A. | Vindication Recovery Services

 

News By : Vindication Recovery Services

WASHINGTON — President-elect Donald J. Trump has selected Scott Pruitt, the Oklahoma attorney general and a close ally of the fossil fuel industry, to run the Environmental Protection Agency, signaling Mr. Trump’s determination to dismantle President Obama’s efforts to counter climate change — and much of the E.P.A. itself.

Mr. Pruitt, a Republican, has been a key architect of the legal battle against Mr. Obama’s climate change policies, actions that fit with the president-elect’s comments during the campaign. Mr. Trump has criticized the established science of human-caused global warming as a hoax, vowed to “cancel” the Paris accord committing nearly every nation to taking action to fight climate change, and attacked Mr. Obama’s signature global warming policy, the Clean Power Plan, as a “war on coal.”
Mr. Pruitt has been in lock step with those views.

“Scientists continue to disagree about the degree and extent of global warming and its connection to the actions of mankind,” he wrote in National Review earlier this year. “That debate should be encouraged — in classrooms, public forums, and the halls of Congress. It should not be silenced with threats of prosecution. Dissent is not a crime.”

A meeting on Monday between the president-elect and former Vice President Al Gore may have given environmental activists a glimmer of hope that Mr. Trump was moderating his campaign stance. Mr. Trump told New York Times editors and reporters that he does think there is some connectivity” between human activity and a warming planet.

With the choice of Mr. Pruitt, that hope will have faded.

 “During the campaign, Mr. Trump regularly threatened to dismantle the E.P.A. and roll back many of the gains made to reduce Americans’ exposures to industrial pollution, and with Pruitt, the president-elect would make good on those threats,” said Ken Cook, head of the Environmental Working Group, a Washington research and advocacy organization.

“It’s a safe assumption that Pruitt could be the most hostile E.P.A. administrator toward clean air and safe drinking water in history,” he added.

Mr. Pruitt, 48, is a hero to conservative activists, one of a group of Republican attorneys general who formed an alliance with some of the nation’s top energy producers to push back against the Obama regulatory agenda. Fossil fuel interests greeted Mr. Trump’s selection with elation.

“Attorney General Scott Pruitt has long been a defender of states’ rights and a vocal opponent of the current administration’s overreaching E.P.A.,” said Laura Sheehan, a spokeswoman for the American Coalition for Clean Coal Electricity, which works on behalf of the coal industry. “Mr. Pruitt will be a significant voice of reason when it comes to energy and environmental regulations.”

Source: NYTimes Posted By Vindication Recovery Services

Tuesday 6 December 2016

Vindication Recovery Services | Tips For Investing in Stock Market


Vindication Recovery Services | Tips For Investing in Stock Market from Vindication Recovery Services on Vimeo.

Vindication Recovery Services - Tips For Investing in Stock Market. Vindication Recovery Services works on your side not against you. Based on a client-first approach our reach is worldwide and we will assist in protecting you no matter where you live. With 15 years of experience in the investment field, we support injured investors through portfolio analysis and market research as we look for a potential recovery of lost market assets through arbitration. We believe it is our job to educate and identify wrongdoing and to make sure that any fraud or misconduct results in the recovery of your market losses.