Herbert Diess, CEO of Volkswagen Sean Gallup | Getty Volkswagen CEO Herbert Diess will leave the company at the end of August, the company said Friday. Oliver Blume, currently the CEO of Volkswagen su...
Category: Finance
Live Finance News Updates.
What Antonio Conte’s Silence Suggests About Tottenham Hotspur’s Season
GLASGOW, SCOTLAND – JULY 23: Tottenham Hotspur manager Antonio Conte is seen prior to the Pre-Season … [+] Friendly between Rangers and Tottenham Hotspur at Ibrox Stadium on July 23, 2022 ...
Here’s what Cadillac’s new $300,000 electric sedan will look like
The Cadillac Celestiq show car previews an upcoming electric sedan for General Motors. GM DETROIT – General Motors on Friday previewed what its most expensive Cadillac ever will look like as the autom...
Europe’s energy giants explore potential of floating solar
This illustration shows how SolarDuck’s technology could be deployed at sea. SolarDuck German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar tec...
Volkswagen-backed Northvolt to develop wood-based batteries for EVs
This image from 2007 shows logs and wood chips outside a Stora Enso paper mill in Finland. The firm says it’s “one of the largest private forest owners in the world.” Suzanne Plunket...
UK faces a summer of strikes as historic inflation and falling real wages bite
LONDON, ENGLAND – JUNE 25: A view of the crowd at the RMT strike rally at Kings cross station on June 25, 2022 in London, United Kingdom. The biggest rail strikes in 30 years started on Monday n...
Jim Cramer offers his favorite stock picks for 3 possible recession scenarios
CNBC’s Jim Cramer on Thursday gave investors his top stock picks for three different recession outcomes. “We’ve got mild, we’ve got moderate and we’ve got severe. … . Can...
Will the Federal Reserve kill the stock-market bounce?
A summer rebound is stirring hopes the bear market in U.S. stocks has seen its lows, but a meeting of Federal Reserve policy makers this coming week might test the nerves of would-be bulls. “I expect ...
An Oil Strategy Failure And Beyond
TOPSHOT – US President Joe Biden (C-L) and Saudi Crown Prince Mohammed bin Salman (C) arrive for the … [+] family photo during the Jeddah Security and Development Summit (GCC+3) at a hotel...
Ripple challenges SEC’s attempt to suppress key evidence in the XRP case
The conflict between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs rages on as the SEC contests a significant court decision. James K. Filan, a cryptocurrency lawyer, covering the ...
AI Ethics And Autonomous Systems Lessons Gleaned From That Recent Alaska Airlines Flight Where The Pilot And Co-Pilot Disagreed Prior To Taking Off And Abruptly Opted To Taxi Back To The Terminal And Go Their Separate Ways
How are we going to handle professional disagreements between a human in-the-loop and an AI … [+] autonomous system? getty Airlines have been in the news quite a bit lately. We are in the summer...
Defi Yield Plunges – Trustnodes
There was a time when you could lend your USDc at 10%, and people would actually borrow it at the very peak on October 31st 2021. Now however on the same platform, Compound, you can barely get 0.5% fo...
How to Protect Your Retirement From Stock Drop: Morningstar
Those of you who are heavily weighted in stocks may be a bit concerned about the impact of the equity market’s decline on your retirement plans. Understandably so. The S&P 500 has slid 16% this y...
How To Turn Volatility Into A Safe 7.5% Dividend
The concept of dog’s anxiety about thunderstorm, fireworks and loud noises. Pet’s mental health, … [+] excessive emotionality, feelings of insecurity. getty Today we’re going to look...
It’s Raining Dividends in the Oil Patch
It’s raining oil! According to our permanently-confused commander-in-chief, that is a common condition in the winter in Delaware. And it apparently caused his “damn cancer”…whi...
The simple and complicated story behind Buffett’s massive oil buy: Morning Brief
As the old E.F. Hutton commercial said: When Warren Buffett talks, they say people listen. But when Buffett talked about Occidental Petroleum (OXY) at Berkshire Hathaway’s (BRK-A) annual meeting...
Is Iran Seeking To Become A Bona Fide Arms Exporter With Russia Drone Sale?
As the Oct. 18, 2020, expiration date of the UN arms embargo against Iran loomed, there was substantial speculation that Tehran would seek to modernize its aged military arsenal by importing Russian h...
Natural Gas Stocks: These Natural Gas Producers Are Reporting Earnings Soon
Range Resources (RRC) is set to announce second-quarter earnings Monday as the price of natural gas has increased amid rising demand in Europe and the U.S. Natural gas stocks generally fell Friday, de...
Lake Mead Is Shrinking, USPS Goes Electric And Software To Make Farmers Green
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. TImothy Archibald for Forbes Agriculture ...
Weighing a Case for a Turn in Stocks
(Bloomberg) — Like clockwork, a decent few days lift stocks, and out come the charts. Have equities bottomed? Evidence is arrayed to argue this time is different, that this is the bounce that wi...
Yard By Yard, The Ukrainians Appear To Be Pushing Toward Kherson
Ukrainian defense ministry photo Don’t get too excited about unconfirmed reports of Ukrainian forces surrounding hundreds, or even thousands, of Russian troops in a town 60 miles northeast of the port...
TIPS, I Bonds Are Smart Ways to Buy Inflation Protection
Illustration by Liam Eisenberg Text size As a consumer, it is almost impossible to escape the ravages of inflation, which rose at a 9.1% clip in the 12 months ended June, based on the U.S. Consumer Pr...
Musk Lieutenant Scrutinized in Internal Tesla Purchasing Probe
(Bloomberg) — Omead Afshar, one of Elon Musk’s top lieutenants and the executive running Tesla Inc.’s Texas factory, is under scrutiny in an internal investigation for his role in a plan to purc...
Tapping Into Dividend ETFs
Dividend ETFs have been the fastest-growing category so far this year, attracting $45 billion in inflows, according to research by Morningstar Inc. Their popularity is understandable: Investing in div...
How To Survive Foreclosure On Your Home
Foreclosure notice and keys on a court table. getty What are the tax consequences if you lose your house to foreclosure? After going into a recession, it’s good to be informed about the threat, and wh...
Hashflow raises $25 million to support structured product launch
Hashflow, the decentralized finance trading platform, raised $25 million in a Series A round to fund its expansion and launch into structured products later this year. The capital infusion brings the ...
Democrats Need To Stop Hating On Joe Manchin
SUN VALLEY, IDAHO – JULY 07: U.S. Sen. Joe Manchin (D-WV) walks to a morning session during the … [+] Allen & Company Sun Valley Conference on July 07, 2022 in Sun Valley, Idaho. (Phot...
How This Mexico-Based Used-Car Seller Became The Most Valuable Startup In Latin America
Used-car sales unicorn Kavak is expanding to Chile, Colombia, Peru and Turkey, espousing transparency and efficiency in the fragmented used-car market. Founder and CEO Carlos García Ottati explains ho...