By James Oliphant (Reuters) -Republican presidential candidate Donald Trump on Tuesday defended his protectionist trade policies and other fiscal proposals, dismissing suggestions that they could drive up the federal debt, antagonize allies and harm the U.S. economy. “We’re all about growth. We’re going to bring companies back to our country,” the former president said in a sometimes-tense interview at the Economic Club of Chicago. The interviewer, John Micklethwait, editor-in-chief of Bloomberg News, cited projections by budget analysts that Trump’s plans would add $7.5 trillion to the federal debt through the year 2035, more than twice that of policies favored by…
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Anton Wormann, 32, moved to Japan in October 2018.Courtesy of Anton WormannAnton Wormann, 32, has always had a passion for DIY projects and creating beautiful spaces. So, after he discovered that his neighbor’s property had been abandoned, he decided to purchase it and bring it back to life.Upon inspection, Wormann discovered that the property had been vacant for about 10 years after its elderly owners passed away.This property was one of the 9 million “akiyas” — empty houses — across Japan, according to official government data as of 2023.While many countries face a housing shortage, Japan is seeing something starkly…
James Vowles, team principal at Williams, has explained why the legendary Formula 1 designer Adrian Newey would not have been the right fit for the team’s current rebuild. After leaving Red Bull earlier this year, Newey was linked with several teams, including Williams, as a potential destination. However, Vowles emphasized that Newey, while an exceptional talent, would not have suited the needs of Williams at this point in their restructuring process. Williams, once a dominant force in Formula 1 during the 1990s when Newey played a key role, is now in a much different position. The team, having been sold…
By Max A. Cherney and Stephen Nellis (Reuters) – Computer chip equipment maker ASML (AS:)’s deep cuts to its 2025 sales forecast sparked a sell-off in chip stocks on Tuesday over worries that global chip demand may be faltering. The weaker outlook could, instead, reflect some overcapacity at chip factories that had already stocked up on ASML’s pricey tools during the pandemic and have become better at using them to produce a larger numbers of chips, analysts said. ASML’s stock plummeted to its biggest single-day loss in a quarter century on its downgraded forecast. In results that the company inadvertently…
Nashat Amir, a director at Camp4 Therapeutics Corp (NASDAQ:CAMP), recently acquired a substantial amount of the company’s common stock. According to a recent SEC filing, Amir purchased 909,090 shares on October 15 at a price of $11 per share, resulting in a total transaction value of approximately $9.99 million. The acquisition adds to Amir’s holdings, which are managed through various entities associated with Polaris (NYSE:) Partners. The details of these transactions are disclosed in the SEC filing, highlighting Amir’s continued investment in Camp4 Therapeutics. InvestingPro InsightsWhile Nashat Amir’s significant investment in Camp4 Therapeutics Corp (NASDAQ:CAMP) demonstrates confidence in the company,…
It hasn’t been the best quarter for Oneview Healthcare PLC (ASX:ONE) shareholders, since the share price has fallen 21% in that time. But that doesn’t change the reality that over twelve months the stock has done really well. To wit, it had solidly beat the market, up 31%.So let’s assess the underlying fundamentals over the last 1 year and see if they’ve moved in lock-step with shareholder returns. See our latest analysis for Oneview Healthcare Oneview Healthcare wasn’t profitable in the last twelve months, it is unlikely we’ll see a strong correlation between its share price and its earnings per…
Ivan Arteaga, a director at M-tron Industries, Inc. (NYSE:MPTI), recently sold shares of the company’s stock, according to a filing with the Securities and Exchange Commission. Arteaga sold a total of 2,000 shares over two transactions. On October 11, he sold 400 shares at a price of $49.414 each. A few days later, on October 14, he sold an additional 1,600 shares at $50.665 per share. These transactions resulted in a total sale value of $100,829. Following these sales, Arteaga holds 364 shares of M-tron Industries. In other recent news, MtronPTI has reported a 16.4% revenue increase in Q2 2024…
(Reuters) -New York Community Bancorp will rename itself as Flagstar Financial, the U.S. regional lender said on Tuesday, amid efforts to turn around its struggling business.The bank came under pressure after it reported in January increased stress in its commercial real estate portfolio that also rekindled concerns over the health of the sector recovering from the failures of a slew of regional banks in 2023.Under Joseph Otting, a former comptroller of the currency who was named CEO in March, NYCB has laid out a plan to return to profitability and vowed to shrink its balance sheet by reducing non-core assets.The…
Wayfair Inc .’s (NYSE:) Chief Commercial Officer, Jon Blotner, recently sold 4,600 shares of the company’s Class A Common Stock. The shares were sold at a price of $53.60 each, totaling $246,560. This transaction was carried out on October 14, 2024, under a Rule 10b5-1 trading plan that Blotner adopted on November 30, 2023. Following this sale, Blotner holds 52,078 shares in the company. In other recent news, Wayfair has made significant financial strides through the successful closure of an $800 million private offering of senior secured notes. The company reported a net revenue of $11.9 billion for the twelve…
Goldman Sachs Group Inc (NYSE:) reported robust third-quarter results for 2024, with net revenues of $12.7 billion and earnings per share of $8.40, marking a 54% increase year-over-year. The company’s return on equity (ROE) stood at 10.4%, while return on tangible equity (ROTE) reached 11.1%. Key Takeaways:Net revenues: $12.7 billionEarnings per share: $8.40 (54% increase year-over-year)Return on equity (ROE): 10.4%Return on tangible equity (ROTE): 11.1%Assets under supervision: Over $3 trillion (record high)Common equity Tier 1 ratio: 14.6% Company Outlook Confident in growth trajectoryFocus on enhancing durable revenue streamsNavigating evolving regulatory landscapeExpecting alternatives fundraising to exceed $60 billion in 2024Aiming to…