For all those people who are quick to criticize Federal Reserve chair Jay Powell for not moving fast enough, let’s not forget that we’re in unprecedented times, Jim Cramer told his Mad Money viewers Monday. Two years ago, no one knew how long Covid would last, or what lasting effects it would have on our…
Elon Musk has arrived in Europe where he is to launch the beginning of a new era of Tesla (TSLA) – Get Tesla Inc Report on the continent. The electric vehicle maker which produced nearly a million vehicles in 2021 wants to step up a gear and produce more in the coming years. To achieve…
The new head of one of America’s most powerful labor unions said Monday that he is ready to take on retail giant Amazon after renegotiating a longstanding contract with delivery company UPS. Sean O’Brien, a fourth-generation Teamster from Boston, said that if the International Brotherhood of Teamsters can successfully push for higher wages and a more…
© Reuters. FILE PHOTO: U.S. President Joe Biden holds first Cabinet meeting at the White House in Washington, U.S., April 1, 2021. REUTERS/Tom Brenner By Jarrett Renshaw WASHINGTON (Reuters) -The White House invited executives from an array of U.S. industries and businesses, including energy, food, and banks, to a briefing Monday on the Russia-Ukraine conflict,…
Elon Musk is not known for standing up for his rivals. It’s quite the opposite because he doesn’t like being upstaged. The charismatic CEO of Tesla (TSLA) – Get Tesla Inc Report and SpaceX has just played, for a few tweets, the lawyer of one of the most serious rivals of Tesla, the manufacturer of high-end…
Electric vehicles are undeniably the future of the automobile industry. Tesla (TSLA) – Get Tesla Inc Report, Ford (F) – Get Ford Motor Company Report and General Motors (GM) – Get General Motors Company Report are looking to lead the charge to produce millions of EVs over the next few years with several other EV makers ramping…
© Reuters. Czech Crown coins are seen in front of a displayed logo of Czech central bank (CNB) in this picture illustration taken April 1, 2017. REUTERS/David W Cerny/Illustration PRAGUE (Reuters) – The Czech central bank may discuss whether to use its large foreign exchange reserves to not only stabilise exchange rate fluctuations but also…
© Reuters. FILE PHOTO: Pakistan’s prime minister, Imran Khan, speaks during an interview with Reuters in Islamabad, Pakistan June 4, 2021. REUTERS/Saiyna Bashir/File Photo By Asif Shahzad ISLAMABAD (Reuters) – The International Money Fund (IMF) has asked Pakistan to explain how it would fund a $1.5 billion subsidy package announced by Prime Minister Imran Khan,…
Microsoft (MSFT) – Get Microsoft Corporation Report founder and former CEO Bill Gates has seen his reputation take a lot of well-deserved (it appears) hits over the past couple of years. His divorce from his former wife Melinda unearthed all sorts of tawdry details about the one-time squeaky clean technology genius and that certainly harmed…
Investors everywhere want to know what investment star Cathie Wood, chief executive of Ark Investment Management, thinks about where the markets are heading. Wood’s success with her investments over time, despite a recent decline in her Ark Innovation ETF, has investors watching her every move and listening to her comments. People want to know what…
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