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Tesla Faces Local Backlash Over Berlin Plant

(Bloomberg) — Tesla Inc.’s push to build its first European car factory is facing a key test this week at a public hearing near Berlin, where local residents have filed hundreds of complaints about a range of issues from water usage to noise pollution.Authorities in the state of Brandenburg, where Tesla is building a plant in Gruenheide to assemble as many as 500,000 cars a year, have received more than 400 objections to the project. They center around the increase in truck traffic in the region, the hundreds of trees cleared to make way for the factory, and scarce water …read more […]

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3 “Strong Buy” Stocks That Are Flirting With a Bottom

In the investing game, it’s not only about what you buy; it’s about when you buy it. One of the most common pieces of advice thrown around the Street, “buy low” is touted as a tried-and-true tactic.Sure, the strategy seems simple. Stock prices naturally fluctuate on the basis of several factors like earnings results and the macro environment, amongst others, with investors trying to time the market and determine when stocks have hit a bottom. In practice, however, executing on this strategy is no easy task.On top of this, given the volatility that has ruled the markets over the last …read more […]

Newsmakers

Valeo Pharma (CSE: VPH) to Report Third Quarter 2020 Results and Hold Investors Conference Call / Webcast

MONTREAL, Sept. 23, 2020  – Valeo Pharma Inc. (CSE: VPH) (FSE: VP2) (“Valeo” or the “Company“), a Canadian specialty pharmaceutical company, announced today that it will report its financial results and highlights for the third quarter ended July […]

Newsmakers

NexTech AR (OTC: NEXCF) Record $900,000 Bookings For Video Conferencing and Virtual Events Platform ‘InfernoAR’

$900,000 in New Bookings Achieved in First 3 Weeks of September as InfernoAR Rapidly Gains Market Share with Global Enterprise Customers VANCOUVER, British Columbia, Sept. 23, 2020  — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: […]

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Wells Fargo CEO apologizes for remark about lack of diverse talent

Reuters reported on Tuesday that Scharf had exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there were not enough qualified minority candidates.He also made the assertion in a company-wide memo June 18 that announced diversity initiatives as nationwide protests broke out following the death of George Floyd, an unarmed African-American man, in police custody. “I’ve worked in the financial services industry for many years, and it’s clear to me that, across the industry, we have not done enough to improve diversity, especially at senior leadership …read more […]

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Nike, General Mills beat earnings estimates, Walmart to hire 20K seasonal workers

Yahoo Finance’s Emily McCormick joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss recent quarterly earnings from Nike and General Mills. McCormick also shares the details around Walmart’s decision to hire 20,000 seasonal workers ahead of the holiday season. …read more […]