The Mobile World Congress tech conference has been canceled after several major companies pulled out over coronavirus fears, the GSMA telecoms association said on Wednesday.
The equity is also filling a mid-May bear gap …read more […]
Alstom’s board will meet late on Wednesday to discuss buying Bombardier’s rail unit, sources familiar with the matter said, and a media report said the French train maker had valued the business at just under $7 billion.
Rite Aid just pulled back to a historically bullish technical signal on the charts …read more […]
Wall Street’s main indexes hit record highs on Wednesday on optimism that the coronavirus epidemic will be contained and as Bernie Sanders cemented his front-runner status in the race of the Democratic nomination.
I don’t know exactly when the stock market’s marathon bull market will end. But the end is getting close.
Investing in a flat or falling stock market during a recession isn’t easy.
Early-stage investing provides a nice shelter from the recession. Startups that you invest in now will be going public long after the recession has ended and the stock market has rebounded.
But even though investing in startups provides a nice shelter during recessionary times, early investors still need to adjust to changing economic realities. And so do the startups they’re considering investing in.
Here are three adjustments that should head your list…
Counting …read more […]
Solar, EVs and energy storage are disrupting our energy supplies.
But there’s another disruption I haven’t addressed. It has to do with electrical transmission.
One of the most exciting developments in renewable energy is offshore wind. Up until a few years ago, it was harnessed mostly in northern Europe.
But that’s rapidly changing. Today, California and a dozen East Coast states from Maine to South Carolina are embracing offshore wind.
However, offshore wind turbines share a common problem with offshore oil and gas platforms. All require undersea electrical transmission lines.
Oil and gas platforms need vast amounts of electricity to operate. Some use diesel generators. …read more […]
Boeing Co is unlikely, for several years, to hit the monthly 57-unit production rate it had targeted for the 737 MAX preceding the grounding of the jet due to delays in regulatory approval, Chief Financial Officer Greg Smith said on Wednesday.
SoftBank Vision Fund has around 50 winners in its $100 billion portfolio and a dozen or more companies could pursue listings over the next 18 months, Rajeev Misra, chief executive of SoftBank Investment Advisers, said on Wednesday.
Wall Street’s main indexes hit record highs on Wednesday on optimism that the coronavirus epidemic will be contained and as Bernie Sanders cemented his front-runner status in the race of the Democratic nomination.
Warren had fantastic momentum last fall. Here’s why she lost it. …read more […]
America Movil, Mexico’s largest telecommunications provider, shed light on its plans to roll out 5G technology in Latin America on Wednesday as the company’s shares surged on a strong earnings report.
The S&P 500 and Dow Jones Industrials hit all-time highs on Wednesday, lifted by optimism that the coronavirus epidemic will be contained.
Wells Fargo & Co said on Wednesday that it will no longer require arbitration for employees in connection with any future sexual harassment claims effective immediately.
The San Francisco-based bank made the decision following a shareholder proposal from Clean Yield Asset Management which has since been withdrawn, asking for a public analysis of mandatory arbitration’s impact on sexual assault claims within the company. “Wells Fargo has zero tolerance for sexual harassment,” David Galloreese, head of human resources at Wells Fargo, wrote in an article posted on the company’s internal and external websites. Wells Fargo requires most employees to sign arbitration agreements when they are hired to that require them to settle workplace disputes privately, not in court. …read more […]
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