Tesla is valued about eight times more than Ford and General Motors, even though it makes far fewer cars. Greenwich Capital CIO Vahan Janjigian told CNBC that Tesla would plummet if it’s valued like a traditional automaker. Tesla saw its worst annual decline on record in 2022, falling more than 60% as investors grew weary… Continue reading Tesla could still fall more than 60% if it’s valued as a traditional automaker like Ford or General Motors, CIO says
North Korean hackers are posing as VC firms to steal crypto – and a blockchain expert says 2023 could bring more cyberattacks than ever
North Korea’s infamous Lazarus Group is mimicking venture capital firms and banks to steal cryptocurrencies, according to Kaspersky. The state-sponsored cybercrime group is creating domains that present themselves as well-known Japanese, US and Vietnamese companies. Lazarus was behind the $625 million Axie Infinity hack in April. Loading Something is loading. Thanks for signing up! Access your… Continue reading North Korean hackers are posing as VC firms to steal crypto – and a blockchain expert says 2023 could bring more cyberattacks than ever
Warren Buffett called out stock-market gamblers, savaged bitcoin, and praised Elon Musk and Jeff Bezos last year. Here are his 10 best quotes of 2022.
Warren Buffett trashed bitcoin, praised Elon Musk and Jeff Bezos, and decried stock-market gambling. The famed investor discussed inflation and retirement, and blasted deceptive earnings adjustments. Here are Buffett’s 10 best quotes of 2022. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go.… Continue reading Warren Buffett called out stock-market gamblers, savaged bitcoin, and praised Elon Musk and Jeff Bezos last year. Here are his 10 best quotes of 2022.
‘Big Short’ investor Michael Burry predicts a US recession and inflation spike in 2023
Michael Burry said he expects the US to slump into recession in 2023 and inflation to spike again. The “Big Short” investor predicted inflation would decline overall in 2023 as the economy weakened. The Fed and US government would respond with stimulatory policy, causing inflation to jump again, he said. Loading Something is loading. Thanks… Continue reading ‘Big Short’ investor Michael Burry predicts a US recession and inflation spike in 2023
Greedflation outcry will fade when facts revealed
This advertisement has not loaded yet, but your article continues below. Watch: Gary Sands talks about the outlook for the food sector in 2023 A person pushes a shopping cart through the produce section of a grocery store in Toronto. Photo by Carlos Osorio/Reuters Article content Gary Sands, senior vice president at the Canadian Federation… Continue reading Greedflation outcry will fade when facts revealed
BHP to start recruiting hundreds to operate world’s largest potash mine in Saskatchewan
Planning to hire 600 people in 2023, with large portion of workforce drawn from local community A construction worker “tubbing” a mine shaft at BHP Billiton Ltd.’s Jansen potash mine. Photo by BHP Billiton Seasons change, and so does the weather, but one thing remains constant in Saskatchewan: BHP Group Ltd. keeps pressing forward with… Continue reading BHP to start recruiting hundreds to operate world’s largest potash mine in Saskatchewan
Choppy stock, bond markets make alternative investments more attractive
The important role alternative investments can play in support of a 60/40 portfolio is one of the key takeaways from 2022 A stock trader works on the floor of the New York Stock Exchange on Dec. 21 in New York City. It’s been a tough year for the classic 60/40 investment portfolio. Photo by Michael… Continue reading Choppy stock, bond markets make alternative investments more attractive
Independent assessment of Paramount Fine Foods ordered by judge in long-running dispute
‘The deadlock must be broken, or all hands will go down with the ship’ Signs for Paramount Fine Foods in the Gateway Plaza. Photo by DAX MELMER/Windsor Star files A judge has ordered boardroom changes and an independent assessment of Paramount Fine Foods’ financials to resolve a paralyzing dispute between prominent businessman Mohamad Fakih and… Continue reading Independent assessment of Paramount Fine Foods ordered by judge in long-running dispute
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