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Is This Massive 15% Yield Worth the Risk?

Finance
[unable to retrieve full-text content]If a fat dividend is what you re after the energy master limited partnership industry is a great place to go hunting MLPs are required to pay out most of their net income as distributions to their unitholders so they tend to have better than average yields But even I was floored Latest Articles in
NASA satellite spies massive iceberg parked near small Greenland village

NASA satellite spies massive iceberg parked near small Greenland village

Science
July 18 (UPI) -- The massive iceberg parked ominously outside Innaarsuit, a small village on Greenland's western coast, looks less intimidating from a few hundred miles away. That's the vantage offered this week by NASA, which posted a photo of the iceberg captured by its Landsat 8 satellite. The satellite's Operational Land Imager captured a natural color photograph of northwestern Greenland and Baffin Bay earlier this month. The image, offering a view from 435 miles above Earth's surface, shows the iceberg before it became grounded on a shallow strip of seafloor just offshore from Innaarsuit. The phenomenon is relatively common, but this particular iceberg is worryingly big, rising 300 feet above sea level and dwarfing the nearby village. And while the juxtaposition makes for good phot...
Massive iceberg threatening Greenland village moves away from coast

Massive iceberg threatening Greenland village moves away from coast

World
A massive iceberg that has been floating close to a village in Greenland and threatening its residents appears to be veering away from the coast, toward the north, officials said. The village of Innaarsuit is home to 169 residents, some of whom have been evacuated as the iceberg looms over the coast. “Fortunately, the iceberg moved further north over the weekend,” Jakob Rousøe, head of operations for Joint Arctic Command, an authority within the Danish Defense, which is supporting local police and emergency services. “Powerful wind from the south and a current headed north pushed the iceberg to the north.” It is not clear if the iceberg will continue to move north or if it could move back closer to the village. As the iceberg melts, the fear is that gr...
India's massive state banks are in trouble. That's great news for some

India's massive state banks are in trouble. That's great news for some

Finance
India's banking sector crisis has left most state lenders hamstrung with mounting levels of bad loans, investigations into fraud and restricted growth opportunities. Amid that storm, private banks are set to emerge as winners. India's public-sector financial institutions control about 70 percent of all banking assets in the country, but they have the highest exposure to soured loans amounting to as much as $ 150 billion. In fact, the 21 state-owned banks had stressed loans of about 8.26 trillion rupees ($ 120 billion) as of Dec. 31, Reuters reported. Private sector lenders, meanwhile, reportedly had a bad loan pile of just ab...
The sexual harassment of flight attendants is a massive problem

The sexual harassment of flight attendants is a massive problem

Finance
OVER the past year, there have been myriad stories in the press about airlines mistreating passengers. Last April David Dao, a passenger on a domestic United Airlines flight from Chicago to Louisville, was violently dragged off the plane to accommodate crew for another flight. This month United hit the headlines again when a Nigerian passenger accused it of racial discrimination after she was thrown off a flight. But among the sea of shocking headlines about how flight crews abuse passengers, it is easy to forget that the reverse occurs far more frequently.A new study published earlier this month shows just how common the harassment of flight attendants by flyers is. The Association of Flight Attendants, the union representing American cabin crew, asked more than 3,500 flight attendants fr...