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Business News

Huawei CFO’s phone passcodes were shared to Canada police in ‘error’: document

Canada’s border security agency admitted making an “error” while sharing passcodes of phones belonging to Huawei chief financial officer Meng Wanzhou with Canadian federal police, according to document filed as part of a hearing in a British Columbia court.

…read more […]

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Trading Ideas

The Market Tells Opioid Drugmakers to Settle Up

(Bloomberg Opinion) — The markets are sending a message to drugmakers facing opioid litigation: Settle up.Johnson & Johnson late Tuesday announced its first legal settlement over the pharmaceutical giant’s alleged role in spurring the opioid crisis, a modest $20 million deal with two Ohio counties. The agreement will see it avoid a risky trial later this month and the company’s stock rose as much as 3.6% in early trading. J&J’s deal came a day after a report that drugmakers may use Purdue Pharma’s bankruptcy as a model for a broader settlement, news that briefly boosted smaller companies including Mallinckrodt PLC, …read more […]

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Trading Ideas

Race Tightens Between EVs and ICE-Powered Cars

It was bound to happen eventually. I just didn’t think it would happen this quickly.
The electric vehicle industry has finally reached its tipping point.
The EV revolution cannot be stopped.
And I’m not the only one who thinks so.
Auto analyst Felipe Muñoz said 2018 was probably the peak of internal combustion engine (ICE) car sales. He predicts EVs will outsell ICE-powered vehicles by 2030.
Within the next decade, we can expect to see the beginning of the end for fossil fuel-powered vehicles. And in the same time frame, it may become comparable or cheaper to buy the average EV.
A Global Trend
After a slow …read more […]

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Trading Ideas

Make 3 People Smile Today

Charisma is an important characteristic to become a successful businessperson or entrepreneur, but it doesn’t come naturally to a lot of people.
Today, Mark Ford shares a simple way to be more charming along your journey to a rich life.

Today, I want to talk about one way to be more charming.
Charm is a crucial component of charisma. And charisma is a trait that will aid anyone, whether you’re a salesman or an engineer.
The technique I’m going to present I got from a colleague who uses it successfully every time he wants something from me. I am not sure he does it …read more […]

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Trading Ideas

Stocks Slide After Signs of Weakening Trade

Trade tensions between the U.S. and China has left investors in a constant state of uncertainty.
Eric Marshall, Hodges Funds Portfolio Manager, says a positive resolution on trade is not priced into the market, leaving discounted stocks on the table. He joined On The Move to discuss. …read more […]