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NexTech’s AR (OTC: NEXCF) Music App AirShow to Feature Offset of Grammy-Nominated Group ‘Migos’ For AXR+EXP Global Virtual Concert Series October 16th

October 13, 2020 admin Comments Off on NexTech’s AR (OTC: NEXCF) Music App AirShow to Feature Offset of Grammy-Nominated Group ‘Migos’ For AXR+EXP Global Virtual Concert Series October 16th

Virtual Concerts and Human Holograms The Next Big Thing in the Entertainment Business VANCOUVER, British Columbia, Oct. 13, 2020 (GLOBE NEWSWIRE) — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented […]

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Citi Posts Biggest Quarterly Profit of Pandemic

October 13, 2020 admin Comments Off on Citi Posts Biggest Quarterly Profit of Pandemic

(Bloomberg) — Citigroup Inc. posted its biggest quarterly profit of the pandemic after reaping another windfall from trading bonds and expressing newfound confidence in the resilience of its loan book.Traders focusing on fixed income, currencies and commodities posted their best third quarter in eight years, while the firm set aside about $1.5 billion less for bad loans than what analysts had estimated. That helped the bank blunt the impact of regulatory costs and low interest rates.While the trading boon came from a surge in client activity that’s helped Wall Street banks throughout the pandemic, Citigroup’s provisions for loan losses marked …read more […]

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JPMorgan Posts Surprise Jump in Profit on Lower Credit Costs

October 13, 2020 admin Comments Off on JPMorgan Posts Surprise Jump in Profit on Lower Credit Costs

(Bloomberg) — JPMorgan Chase & Co., in its third quarter under the shadow of the pandemic, showed that the surge in trading is holding up — and so are borrowers.The biggest U.S. bank posted a surprise increase in earnings, fueled by a 30% jump in markets revenue as elevated volume kept its stock and bond traders busy. The lender also defied expectations by cutting its reserve for credit losses by $569 million, after adding $20 billion to the allowance in the first half, as charge-offs of bad loans declined from a year earlier.Those improvements and a 9% gain in investment-banking …read more […]

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What Our Culture Needs to Thrive

October 13, 2020 admin Comments Off on What Our Culture Needs to Thrive

Most folks aren’t aware of the collapse in timber prices, especially in the Deep South.
Most of us don’t get excited about economic collapses unless they involve things we own… and most trees are owned by farmers and ranchers who seldom make the news.
But if you’re a farm boy in Louisiana who grew up planting trees and hearing stories about a $5,000-per-acre cash-in when you grow up, you’d be pretty devastated at this turn of events.
The collapse has many reasons. The biggest by far is a glut of lumber. One million fewer homes per year have been built since 2007.
Single-family homes …read more […]