Mining & Metals

Cross River (CSE: CRVC) to Acquire Northern Dominion Metals

Acquisition Will Add Eight Gold Properties to Expanding Portfolio, Strengthening NW Ontario Gold Strategy Vancouver, British Columbia–( November 6, 2020) –  Cross River Ventures Corp. (CSE: CRVC) (FSE: C6R) (the “Company“) is pleased to announce that […]

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Target-Date Funds Are Too Risky for Savers

(Bloomberg Opinion) — One of the great financial innovations in recent decades is target date funds. These investment vehicles, which have $2.3 trillion in assets, are intended to be a sort of “set it and forget it” program for investors saving for retirement, automatically shifting one’s asset allocation from aggressive to conservative over time. This might not seem to be all that revolutionary. In the grand scheme of financial innovations, it’s actually a pretty simple idea, but studies show the vast majority of investors are terrible at allocating assets optimally on their own.The thesis behind target date funds is that …read more […]

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Toyota boss hits out at Tesla

Toyota’s boss has taken a swipe at Tesla, predicting Elon Musk’s electric car company will lose out to established motor manufacturers as they catch up in battery vehicles. Akio Toyoda, grandson of Toyota’s founder, warned not to dismiss the automotive industry’s giants as his company posted quarterly results which included doubling its full-year profit forecast. “Tesla says that their recipe will be the standard in the future, but what Toyota has is a real kitchen and a real chef,” said Mr Toyoda in a reference to Tesla’s hopes its technologies will become widely adopted. “They aren’t really making something that’s …read more […]

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The Second Breakup of AT&T

(Bloomberg) — AT&T Inc. has been called many things over its 135-year history: Ma Bell, monopoly, media conglomerate. The company, which traces its roots to the patent rights of telephone inventor Alexander Graham Bell, was the dominant phone company for much of the 20th century. So dominant, in fact, that it was broken up in 1982 as part of an agreement with antitrust authorities. But those businesses eventually began to merge, culminating with SBC Communications — one of the so-called Baby Bells — acquiring AT&T in 2005 and taking the name.That wasn’t the end of it. What followed was a …read more […]