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Weyerhaeuser announces tax treatment of 2017 distributions

SEATTLE, Jan. 16, 2018/ PRNewswire/-- For shareholders of Weyerhaeuser Company, the 2017 dividend distributions totaling $1.25 per share on the Common Stock CUSIP 96216610 traded under the symbol WY are classified for income tax purposes as Capital Gain Distributions treated as long-term capital gain. The common share dividends were paid quarterly as follows:...

Source: PR Newswire

TREASURIES-U.S. yields fall with Europe, curve flattest in 10 years

NEW YORK, Jan 16- U.S. long-dated Treasury yields fell on Tuesday morning along with those of European bonds, after a Reuters report said the European Central Bank was not quite ready to end its bond-buying scheme at next week's meeting. "There's a pullback in bund yields and we're seeing a little bit of that spill over to the U.S.," said Subadra Rajappa, head of U.S. rates...

Source: Reuters

TREASURIES-U.S. yields fall, tracking European bonds

NEW YORK, Jan 16- U.S. long-dated Treasury yields fell on Tuesday along with those of European bonds, after a report said the European Central Bank was not quite ready to put away its bond-buying scheme at next week's meeting. "There's a pullback in bund yields and we're seeing a little bit of that spill over to the U.S.," said Subadra Rajappa, head of U.S. rates strategy, at...

Source: Reuters

Massive earthquake in Peru leaves at least 2 dead, 17 missing

Earthquakes are common in Peru, but many homes are built with precarious materials that cannot withstand them.

Source: Reuters

Wall Street's Goldman Sachs to offer home improvement loans

Wall Street's best known investment bank is looking to help you renovate your bathroom. Goldman executives believe the ability to quickly finance up to a $40,000 project without the month long process of getting a HELOC will be attractive to consumers. "If you look at options for financing a home improvement, you basically have two choices: you can take a HELOC,...

Source: The Associated Press

U.S. Marshals to hold auction of seized bitcoin on Jan. 22

NEW YORK, Jan 11- The U.S. government will hold an auction of about 3,813 bitcoins that were seized in federal criminal, civil and administrative cases, the U.S. The government held three auctions in 2014 and 2015 for bitcoins seized during the prosecution of the creator of Silk Road, an online black market where the virtual currency could be used to buy illegal...

Source: Reuters

Gourmet chocolate becomes economic lifeline in Venezuela crisis

CARACAS, Jan 11- In a modest apartment near a Caracas slum, nutrition professor Nancy Silva and four aids spread rich, dark Venezuelan cocoa on a stone counter to make chocolate bars to be sold in local shops that cater to the crisis-hit country's dwindling elite. Like some 20 recently launched Venezuelan businesses, Silva uses the country's aromatic cocoa to...

Source: Reuters

Gourmet chocolate becomes economic lifeline in Venezuela crisis

CARACAS, Jan 11- In a modest apartment near a Caracas slum, nutrition professor Nancy Silva and four aids spread rich, dark Venezuelan cocoa on a stone counter to make chocolate bars to be sold in local shops that cater to the crisis-hit country's dwindling elite. Like some 20 recently launched Venezuelan businesses, Silva uses the country's aromatic cocoa to...

Source: Reuters

Gourmet chocolate becomes economic lifeline in Venezuela crisis

CARACAS, Jan 11- In a modest apartment near a Caracas slum, nutrition professor Nancy Silva and four aids spread rich, dark Venezuelan cocoa on a stone counter to make chocolate bars to be sold in local shops that cater to the crisis-hit country's dwindling elite. Like some 20 recently launched Venezuelan businesses, Silva uses the country's aromatic cocoa to...

Source: Reuters

Venezuela to buy top private bank Banesco for $3.5 mln -official

CARACAS, Jan 10- Venezuela's government is in talks to buy the country's top private bank, Banesco, for $3.5 million, a top Socialist Party official said on Wednesday, potentially expanding state control over a banking sector struggling under soaring inflation. Socialist Party Vice President Diosdado Cabello said talks would begin this week and that Banesco...

Source: Reuters