After the recent earnings reports, the choice is clear. Source link
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By Anton Bridge TOKYO (Reuters) – Japan’s Seven & i will be looking to convince shareholders it can deliver long-term growth on its own when it speaks to them on Thursday, after announcing a sweeping break-up plan designed to ward off a $47 billion takeover offer. The 7-Eleven owner is due to hold an … Source link
Billionaire entrepreneur Mark Cuban made it clear at a town hall in Arizona that he doesn’t believe Vice President Kamala Harris would ever support a tax on unrealized gains. Speaking to a room full of local entrepreneurs while campaigning for Harris, Cuban boldly stated that if Harris ever backed such a tax, he would actively campaign against her. “I’m glad you asked that,” Cuban said in response to an audience member’s question about unrealized gains. “Some people think that there’s going to be an unrealized gains tax on capital gains. There is not, there is not.” He reassured everyone that…
The new porous material for capturing carbon dioxide, called a covalent organic framework (COF), has hexagonal channels decorated with polyamines that efficiently bind CO2 molecules (blue and orange balls) at concentrations found in ambient air. Credit: Chaoyang Zhao for UC Berkeley Capturing and storing the carbon dioxide humans produce is key to lowering atmospheric greenhouse gases and slowing global warming, but today’s carbon capture technologies work well only for concentrated sources of carbon, such as power plant exhaust. The same methods cannot efficiently capture carbon dioxide from ambient air, where concentrations are hundreds of times lower than in flue gases.…
Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in December, even as downside risks dominate on both economic growth and inflation.The comments come shortly after the ECB delivered back-to-back interest rate cuts for the first time in 13 years at its October meeting.The move, which marked the central bank’s third quarter-point cut this year, had been fully priced in by markets after decision-makers flagged reduced inflation risks and a weakening growth outlook.”The truth is that the print of inflation in September was very low, way lower than what we…
Intuit is a leader in automated accounting, well-positioned to capitalize on digital transformation trends, with a projected 16% stock price gain in a year. Source link
Catastrophic floods in Pakistan have been attributed to climate changeAFP via Getty Images The terrible floods of 2022 killed more than 1,700 people in Pakistan and caused almost $15 billion of damage. For many in the country, the devastating natural catastrophe underlined just how vulnerable Pakistan has become to climate change, particularly as glaciers in its mountainous regions melt. Now, Pakistani investors and entrepreneurs are teaming up to respond, with a new fund that will invest in local ventures offering scalable and impactful solutions. The Sarmayacar Climaventures Fund is the brainchild of Lahore-based venture capital firm Sarmayacar. Today it will…
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co (TSM, 2330.TW) has suspended shipments to a customer after it discovered that one of its chips supplied to the client ended up in a Huawei product, according to a Taiwan official familiar with the situation. About two weeks ago, TSMC suspended shipments to the client and began a detailed investigation, the trade and economic official said, speaking on condition of anonymity given the sensitivity of the situation. The company has notified the U.S. and Taiwanese governments, the official said as it was an “important warning event” within TSMC, and can, at its earliest,…
The recent discovery of oil leaks in the rear drive unit of the refreshed Tesla Model 3 Performance has raised eyebrows and questions about the reliability of electric vehicles. Despite the company’s initial reluctance, Tesla has acknowledged the issue and issued a service bulletin outlining a costly solution involving relocating the drive unit breather and replacing the lubricant fluid. The problem, first noticed in August on a racing Model 3 Performance, has led to a debate between owners and service centers over whether it’s a design flaw or the result of misuse. While many owners have reported similar leaks, Tesla…
Introduction The imperatives of climate change demand enhanced risk management in the commercial real estate (CRE) loan market: Investors and lenders must refine their strategies and conduct meticulous property-level risk assessments as part of their credit analysis. Community and regional banks are particularly susceptible to climate-related financial risk due to their CRE loan balance sheet exposure and must navigate unpriced climate risks to ensure balanced and resilient loan portfolios. To maintain portfolio health and overall stability, these institutions must exercise ongoing vigilance in their risk monitoring. In this conversation, we — Adam W. Sandback, CFA, FRM, CPA, CMA, and Andrew…