After bitcoin topped $50,000 Tuesday, Vespula Capital CEO Jeff Tomasulo tells Reuters' Fred Katayama investors will get opportunities to buy the cryptocurrency at better prices later.
- Yahoo Finance
The satellite and rocket launch industry will ultimately consolidate says the CEO and founder of Rocket Lab, Peter Beck.
Exxon Mobil Corp on Monday named activist investor Jeffrey Ubben and former Comcast executive Michael Angelakis to its board amid a push by prominent shareholders for it to focus more on clean energy and improve its financial performance. Exxon has fended off attempts in the past to get it to change its policies and leadership, but pressure has mounted since the top U.S. oil producer posted a historic annual loss for 2020 after the coronavirus pandemic slashed energy demand. Ubben founded activist investment firm ValueAct and now runs social impact investment firm Inclusive Capital, while Angelakis had served as Comcast's chief financial officer and now runs strategic investment company Atairos.
Volvo's entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade. "I am totally convinced there will be no customers who really want to stay with a petrol engine," Volvo Chief Executive Håkan Samuelsson told reporters when asked about future demand for electric vehicles. "We are convinced that an electric car is more attractive for customers."
- Simply Wall St.
Bravura Solutions Limited ( ASX:BVS ) is about to trade ex-dividend in the next 2 days. You will need to purchase...
- Simply Wall St.
While Burford Capital Limited ( LON:BUR ) shareholders are probably generally happy, the stock hasn't had particularly...
- Motley Fool
Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) added AbbVie (NYSE: ABBV) to its portfolio in the third quarter of last year. What makes AbbVie so appealing to two very different investors like Buffett and Wood? It's pretty easy to figure out why Wood chose AbbVie for the ARK Genomic Revolution ETF.
I married the ‘life of the party’ who was a regular at Royal Ascot. But all he does is take his financial troubles out on me
There are three topics: My husband, his business and his family.’ Let’s just say there are three topics of conversation: My husband, his failing business and his terrible family. The pandemic hurt the already shaky family firm.
Denny Hamlin has been one of the highest-paid NASCAR drivers during his career. He drives the No. 11 Toyota Camry. He also drives in the NASCAR Xfinity Series, where he is behind the wheel of a Toyota...
- LA Times
Amazon's campaign against a union drive in Alabama has drawn fire from President Biden.
The answer to this question comes down to whether your stimulus check increases your "provisional income."
Forbes lists Kyle Busch as the highest-paid NASCAR driver in 2020, with total earnings of $17.8 million from his salary, race prizes and endorsements and licensing. Net worth: $80 million Read: The...
- Simply Wall St.
In this article we are going to estimate the intrinsic value of Crown Holdings, Inc. ( NYSE:CCK ) by taking the...
In the tenth century, Erik the Red, a Viking from Iceland, was so impressed with the vegetation on another Arctic island he had found he called it "the green land." Today, it's Greenland's rocks that are attracting outsiders - superpowers riding a green revolution. The world's biggest island has huge resources of metals known as 'rare earths,' used to create compact, super-strong magnets which help power equipment such as wind turbines, electric vehicles, combat aircraft and weapons systems.
- Motley Fool
Late last week, a $1.9 trillion coronavirus relief package passed a House vote and is now heading to the Senate. Perhaps the most highly anticipated relief measure featured in the new bill is a third round of stimulus checks, this time worth up to $1,400 apiece. The relief bill also includes a $400 weekly boost to unemployment benefits through Aug. 29.
The payments in President Biden's COVID relief plan will rely on an IRS formula.
- Simply Wall St.
It might be of some concern to shareholders to see the Lepidico Limited ( ASX:LPD ) share price down 28% in the last...
The housing market has experienced so many changes within the past year, including some that have never been seen before. Thirty-year mortgage rates hit historic lows at 2.65% the week ending Jan. 7,...
Older brother of the highest-paid NASCAR driver Kyle Busch, Kurt Busch has a net worth of $60 million, according to Celebrity Net Worth. The site reports that Busch has earned more than $90 million...
- The Fiscal Times
Democrats’ sprint to pass a $1.9 trillion Covid relief package ahead of the March 14 expiration of enhanced unemployment benefits is more akin to a relay race. The House of Representatives, as expected, approved the plan early Saturday morning, passing the baton to the Senate, where the legislation will face a fresh set of hurdles. The final vote in the House was 219-212, with two Democrats, Kurt Schrader of Oregon and Jared Golden of Maine, joining all Republicans in voting against the bill. Democrats can’t afford even one defection in the evenly divided Senate. They’re using a budget reconciliation process that will allow the bill to pass with a simple majority vote, but all 50 Senate Republicans are expected to oppose the package. To get Democrats on the same page, President Biden held a virtual meeting on Monday afternoon with a group of centrists from his party, including some who have questioned whether the $350 billion provided in the rescue package for state and local governments could be better targeted (see more below on the state aid). No minimum wage hike … at least for now: The Senate version of the bill will look different than the House-passed package. The House included an increase in the federal minimum wage to $15 an hour in its version of the legislation and did so even after the Senate parliamentarian ruled last week that the provision doesn’t meet the requirements for inclusion in that chamber under the reconciliation process. Progressives are urging the White House to have Vice President Kamala Harris, as president of the Senate, overrule the parliamentarian. “Outdated Senate rules and an unelected parliamentarian should not get to decide whether the American people get a $15 minimum wage,” Rep. Mark Pocan (D- WI) said in a statement. But the White House has made clear it won’t pursue that path. “That’s not an action we intend to take,” White House Press Secretary Jen Psaki told reporters, adding that Democrats don’t have the 50 Senate votes that would be required for the maneuver. So the Senate will strip out the minimum wage hike, and it also won’t include an alternative proposal from Senate Finance Committee Chairman Ron Wyden that would have taxed corporations that didn't increase wages on their own. Democrats abandoned that Plan B over the weekend after it proved too problematic. The political reality: Removing the minimum wage provision probably helps the White House in its efforts to pass the relief package, given that Democratic Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona opposed the increase. But the revised Senate package will get sent back to the House, where the exclusion of the minimum wage hike could still complicate the outlook. House Speaker Nancy Pelosi (D-CA) said Friday she was confident that Democrats could pass a relief bill without the minimum wage hike, but she’ll have to show that she can hold her narrow majority together to do it. Psaki said Monday that raising the minimum wage remains a priority for Biden but the White House has no plan yet on how to accomplish that goal. What’s next: An initial Senate vote on the relief plan reportedly could take place as early as Wednesday. Like what you're reading? Sign up for our free newsletter.
Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators. Ma and his family had held the top spot for China's richest in the Hurun Global Rich List in 2020 and 2019 but now trail in fourth place behind bottled water maker Nongfu Spring's Zhong Shanshan, Tencent Holding's Pony Ma and e-commerce upstart Pinduoduo's Collin Huang, the latest list showed.