Year: 2020

Nokia’s largest investor said on Tuesday it had high expectations of new management after the Finnish telecoms equipment maker had failed to live up to its potential under previous leadership. “Nokia’s performance has not met our expectations in recent times and of course that is a disappointment, but we look at this over the long run,” Antti Makinen, CEO of Solidium, the Finnish government’s investment firm, told Reuters. Pekka Lundmark, the new CEO, took over from Rajeev Suri in August, a month earlier than planned. …read more […]

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]

Netflix Co-Founder and Co-CEO Reed Hastings joins ‘Influencers with Andy Serwer’ to discuss the release of his new book, ‘No Rules Rules’. …read more […]

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Wall Street analysts and investors widely expected Tesla to join the S&P 500 after the company posted its fourth consecutive profitable quarter in July, clearing a major hurdle for its potential inclusion in the benchmark stock index. In a surprise announcement, the S&P Dow Jones Indices decided to add online craft seller Etsy Inc, semiconductor equipment maker Teradyne Inc and pharmaceutical technology company Catalent Inc to the S&P 500 instead. S&P Dow Jones Indices senior index analyst Howard Silverblatt declined to say why Tesla was not added to the S&P 500. …read more […]

Largest North American Zero Emissions Vanpool Continues Fleet Expansion LOS ANGELES, Sept. 8, 2020 /CNW/ — GreenPower Motor Company Inc. …read more […]

A look at the shareholders of Gilead Sciences, Inc. (NASDAQ:GILD) can tell us which group is most powerful. Generally… …read more […]

GM teams up with electric truck upstart Nikola. …read more […]

Stocks futures were lower Tuesday morning, setting the three major indices up for a third straight session of losses after last week’s tech-led selloff. …read more […]

Two Australian journalists fled China after being questioned by security police and initially barred from exiting. WSJ’s Rachel Pannett explains how the continuing forced exodus of foreign media could hamper the West’s understanding of China. Photo: Australian Broadcasting Corporation …read more […]

* Appoints Miguel Martin as Chief Executive Officer * Expects Fiscal Q4 2020 Net Revenue Between $70 and $72 Million, Including $66 to $68 Million Cannabis Net Revenue * To Record Up to $1.8 Billion in Goodwill Impairment Charges in Q4 2020 * Secures Greater Financial Flexibility with Credit Facility Amendments * Now Anticipates Positive Adjusted EBITDA in Fiscal Q2 2021 * To Host Q4 and Fiscal Year 2020 Conference Call on September 22, 2020NYSE | TSX: ACBEDMONTON, AB, Sept. …read more […]

Peloton goes the route pioneered by Apple with its newest product. …read more […]

On the surface, last week’s price action resembled a replay of the dotcom bubble bursting in 2000. Yet market participants say there are several reasons why the rally is poised to continue. …read more […]

Robots are not efficient enough for Tesla’s new car factory in Germany, which plans to replace hundreds of them with giant aluminium casting machines to build simpler chassis parts, a person familiar with the matter told Reuters. The electric carmaker has struggled to raise production volumes through hi-tech automation and was forced to fly in a new production line from Germany to Nevada in 2018 after robots failed to coordinate seamlessly at the U.S. factory. For the new Model Y, Tesla chief executive Elon Musk has said he will replace 70 components glued and riveted into the car’s …read more […]

How many of today’s problems are a consequence of convenience?
Too often we attribute problems to evil or greed or any number of human vices. But perhaps we need to add convenience to the list.
As I look back over my biggest mistakes in life, more often than not they weren’t due to greed or evil intent or other devious attitudes… They simply reflected convenience.
We can see that idea in our families, our communities and our entire culture. Indeed, history is rife with the rise and fall of civilizations due to convenience – taking away and not putting back.
So let’s dig into …read more […]