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Energy Transfer Desperately Plows Forward with Dakota Access

In All, Business by Tola Brennan

Fracking was never popular among environmentalists, but recent moves by Energy Transfer work hard at achieving record-setting antagonism. Even if the battle is won, the list of scorned will be impressive and the company will at the very least take a serious loss in optics, if not some real damage to its credibility. The Texas-based midstream oil and gas giant …

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Analysts Confident Ahead of Q3 Earnings Despite Energy Transfer Partners Stock Slide

In All, Business by Tola Brennan

Investors and analysts are at odds. Despite months of falling stock prices, analysts are posting bullish ratings ahead of midstream gas giant Energy Transfer Partners’ third quarter earnings scheduled for release after markets close tomorrow. The average EBITDA estimate from 14 analysts polled by Bloomberg is $1.44 billion for the quarter compared to $1.50 billion reported for the same quarter …

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What Happens If the AT&T deal goes through?

In All, Business by Tola Brennan

AT&T finalized the takeover of Time Warner in late October that will pair a telecommunications behemoth with an esteemed content creator. But the so-called “vertical merger” faces unique challenges and echos from the past. The AOL-Time Warner failed merger of 2000 is widely regarded as one of the biggest flops ever and this deal faces potentially similar challenges. With a …

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Your Bank Can Align With Your Values

In All, Business by Tola Brennan

What if your bank did good in the world? Answering in the affirmative could be as simple finding the closest ethical bank but you may be frustrated by limited locations or less cutting edge technology. Ethical banking, value-based banking or sustainable banking is a rapidly growing global movement of banks that are driven not solely by profit but also social …

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Delta CEO Turns the Page on Massive Outage, But Reveals Larger Challenges

In All, Business by Tola BrennanLeave a Comment

Two months after an IT failure brought Delta’s operations to a halt, CEO Ed Bastian explained what went wrong and how the airline plans to avoid another incident. But the August breakdown also reveals how a complicated hodgepodge of legacy systems running behinds the scenes poses a more enduring obstacle for the industry. On August 8th, a critical piece of …

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The Election Is Just Icing on the Cake for Rising Defense Stocks

In All, Business by Tola BrennanLeave a Comment

Hillary Clinton and Donald Trump will exert a more assertive foreign policy than President Obama. But before the new administration flexes its administrative muscles, the defense sector will already be in a growth phase and defense stocks are responding. Bolstered by renewed Congressional backing, increased threat levels worldwide and the US military’s need to upgrade its arsenal, the sector is …

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Strong Words From Energy Transfer CEO Fail to Ease Worries Over Pipeline Protests

In All, Business by Tola BrennanLeave a Comment

Energy Transfer Partners stock price has failed to recover after a September 9th announcement by three federal agencies halted construction of the company’s hotly contested Dakota Access Pipeline (DAPL). Now one of the country’s largest pipeline operators, Energy Transfer Partners is viewed by many as the successor to Enron. In the wake of the energy giant’s fall in 2001, the …

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Four years of Quartz: Jay Lauf looks to the future of digital publishing

In All, Business by Tola Brennan

Not many media properties achieve such instant recognition as Quartz has in its short four-year tenure. It’s due in no small part to the clearly articulated vision of founder Jay Lauf. He stepped in to Digital Media Strategies USA 2016 for a chat about how he turned the brand into an institution and an adjective. Beginning with an audience in …

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NowThis isn’t planning on losing its edge as a pioneer of social video

In All, Business by Tola Brennan

Only four years old, the company has managed to profoundly alter the landscape of video distribution and style. They innovated the bold, blocky text on video that has proliferated since and have jumped entirely on the distributed content bandwagon. NowThis president Athan Stephanopoulos and Ashish Patel, publisher and manager of the Data Insights team shared their thinking and strategy at …

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Slowing Economic Recovery Turns Towards Inequality-Driven Normality

In All, Business by Tola Brennan

As the economic recovery settles and stabilizes into a new normal, underlying global troubles and labor polarization contribute to increasing inequality, essentially a crisis in slow motion for working class Americans. While there are signs that engender optimistic interpretations, small gains conceal a depressing economic reality with no end in sight. The economy added 160,000 jobs in April according to …

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Five Things to Look for in the International Trade Report

In All, Business by Tola Brennan

At 8:30 AM on May 4th, the Commerce Department will release its monthly trade report. It takes a little over a month for it to come together and this next release with detail imports and exports for March 2016. An advance report with a preliminary numbers is released a week early. Published on April 27th, it gives a few hints …

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Peru Aims to Ratify Trans-Pacific Partnership Amid Protests

In All, Business, International by Tola Brennan

Originally published in Truthout The formal signing of the Trans-Pacific Partnership (TPP) in New Zealand on February 4, 2016, inaugurated a two-year window of ratification for the largest trade deal in history. Encompassing 12 countries and 40 percent of the global economy, it has polarized the US presidential elections and kindled a vigorous debate on the merits of international trade …

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Jump in Consumer Goods Could Signal End of Trade Decline

In All, Business by Tola Brennan

Dramatic boost in consumer goods imports and exports and a higher trade deficit suggest that months of steadily falling international trade amounts are finally at an end. Consumer goods imports increased $3.6 billion in February to $51.5 billion, according the Commerce Department’s monthly international trade report. Exports of consumer goods increased by $1 billion in February to $17 billion. The …

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Sweeping Slump in Trade Hurts Everywhere But Auto Sales

In All, Business by Tola Brennan

International trade is down across categories and the deficit is up leading to skepticism of a rebound this year. With the global slowdown and a strong dollar recently playing a role, this slide continues a trend that started in late 2014. However, the Friday jobs report was substantially more positive than expected and automotive imports hit record highs as the …

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Federal Reserve Presidents Address Challenge of Negative Perception

In All, Business by Tola Brennan

At The Clearing House Annual Conference in New York, many of the panels and talks emphasize industry concerns such as faster payments, interest rates and cyber-security but a panel of Federal Reserve presidents tackled a more external issue: concern that the industry is seen as unethical and that the loss of public trust has a real cost. This panel signaled …