Monthly Archives: November 2012

Homes Damaged By Hurricane, Yet Neighborhoods Remain Desirable

Property damage from Hurricane Sandy is estimated in the billions of dollars, but many prospective Manhattan property owners, and sellers, remain undeterred. Home prices in Manhattan don’t appear to be going down, even in the hardest hit neighborhoods. New York … Continue reading

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Whole Foods Market CEO John Mackey Believes In Business Model That Is Not Solely Profit-Driven

“I do not believe maximizing profits for the investors is the only acceptable justification for all corporate actions. The investors are not the only people who matter. Corporations can exist for purposes other than simply maximizing profits” – John Mackey, … Continue reading

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Africa: Short-Term Investments Appear Promising, Yet Widespread Fracking May Inhibit Long-Term Investment Opportunities

Recently, many have found it opportune to invest in Africa. Foreign direct investment has increased by almost 50% since 2005 and the IMF has even predicted that Africa’s expected GDP growth for 2013 will be 5.7%. According to an article … Continue reading

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NBC Hosts Democracy Plaza at 30 Rock, New Yorkers Join In Election Spirit

New York — New Yorkers were buzzing with excitement at Rockefeller Center today, as the area had been transformed into “Democracy Plaza”, courtesy of NBC. Javier Soto, who lives near Battery Park City in lower Manhattan, took the day off … Continue reading

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Wall Street Supports Romney, Bankers Feel Dodd-Frank Is Too Restrictive

Much of Wall Street is supporting Mitt Romney, who vows to repeal parts of the 2010 Dodd-Frank Act, which heavily regulates how the financial sector is run. New York — Mitt Romney has won the support on Wall Street (despite … Continue reading

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NYC Small Businesses Split on Candidates

For small business owners in New York’s Financial District, today’s vote is a toss-up between Romney’s business experience and Obama’s empathy. New York — Down in the Financial District of New York City, small business owners have very different opinions … Continue reading

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Multinational Automakers Help With Hurricane Sandy Damage

Multinational automakers, such as General Motors, Ford and Toyota have recently announced their plans to help with the damage caused by Hurricane Sandy. According to an InsideLine article, General Motors said those whose cars were damaged or destroyed due to … Continue reading

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