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California Economy Is 10th Most Dependent On Securities Trading

California Economy Is 10th Most Dependent On Securities Trading

Mike LaFirenza While much of the economy has struggled during the COVID-19 pandemic, one area that has consistently performed well is the equities market. One of the most commonly followed stock indices, the S&P 500, took a major hit in the early days of the pandemic, losing nearly one-third of its value in February and […]

China’s Evergrande Makes Last Minute Interest Payment On Dollar Bond, Avoiding Default

China’s Evergrande Makes Last Minute Interest Payment On Dollar Bond, Avoiding Default

BY Tyler Durden | ZeroHedge In a surprise 11th hour development, China Evergrande made an overdue interest payment to offshore bondholders, the state-owned Securities Times reported Friday, an unexpected move that allows the property company to postpone – if not avoid – a default. The Chinese property developer sent $83.5 million to the trustee for […]

The Best In Tech Play At The Port Of Hueneme

The Best In Tech Play At The Port Of Hueneme

PORT OF HUENEME, CA, SEPTEMBER 23, 2021 – Day two of the open house of the Advanced Naval Technology Exercise (ANTX) and Coastal Trident programs was a success with over 300 people representing partner organizations attending today’s event at the FATHOMWERX Lab located inside the Port of Hueneme. Kristin Decas makes opening remarks on day two […]

Six Evergrande Execs Face ‘Severe Punishment’ Over Early Redemptions For Themselves

Six Evergrande Execs Face ‘Severe Punishment’ Over Early Redemptions For Themselves

BY Tyler Durden | ZeroHedge Six senior Evergrande executives are facing “severe punishment” for securing early redemptions for themselves on investment products which the imploding Chinese real estate giant told retail investors they couldn’t repay on time. According to the Financial Times, over 40 group executives had personally invested in its investment products – with six of them securing early […]