Jaren Jackson Jr. (Memphis Grizzlies) with a 2-pointer vs the Miami Heat, 12/06/2021
WASHINGTON (Reuters) -A group representing General Motors, Toyota Motor, Volkswagen and other major automakers said a $430 billion bill approved Sunday by the U.S. Senate will put achieving U.S. electric-vehicle adoption targets for 2030 in jeopardy. "Unfortunately, the EV tax credit requirements will make most vehicles immediately ineligible for the incentive," said the Alliance for Automotive Innovation's chief executive, John Bozzella, adding the bill "will also jeopardize our collective target of 40-50% electric vehicle sales by 2030." The group had warned Friday that most EV models would not qualify for a $7,500 tax credit for U.S. buyers under the bill.
RRSP investors can still find top TSX dividend stocks trading at cheap prices today for a buy-and-hold portfolio. The post RRSP Investors: 2 Stocks to Buy in August for Dividends and Capital Gains appeared first on The Motley Fool Canada.
Latin American companies could replace at least some of the Chinese companies' initial public offerings (IPOs) that have disappeared from western markets this year, a senior Nasdaq executive said. Regulators in Beijing and Washington have increased their scrutiny of Chinese companies listed in the United States, and a dispute over access to audit papers could lead to Chinese companies being delisted from U.S. exchanges. Four Latin American Companies were listed, down from 20 last year, and 11 companies from countries in Southeast Asia, compared with 19 last year.
Top TSX stocks with monthly dividends now trade at cheap prices for investors seeking passive income. The post 3 Top TSX Dividend Stocks to Buy for Monthly Passive Income appeared first on The Motley Fool Canada.
Billionaire hedge fund manager Ray Dalio's huge popularity in China has not only drawn local investors flocking to his funds but also spawned home-grown challengers using his "All Weather" strategy and brand to try to beat him at his own game. Now, the Connecticut-based hedge fund giant he founded, Bridgewater Associates, is pushing back. In recent months, Bridgewater registered in China several "All Weather" trademarks in English and Chinese, an effort to tackle the "confusion" created by local copycats, said Joanna Alpert, Bridgewater China's portfolio manager.
Here's why this top Canadian energy stock with a high dividend yield looks undervalued and good to buy now for a self-directed RRSP. The post RRSP Investors: 1 Top Contrarian Stock to Buy Now appeared first on The Motley Fool Canada.
Britain's accounting watchdog said on Monday it had fined auditor PwC 1.75 million pounds ($2.12 million) after it failed to properly challenge UK telecoms group BT once a half-a-billion pound fraud was discovered in BT's Italian operations. BT's full-year financial statement for the year ended March 31, 2017, had to be adjusted by 513 million pounds due to the fraud, the Financial Reporting Council (FRC) said. "The sanctions imposed in this case, where certain elements of the adjustments following a fraud were not subject to the required level of professional scepticism, underscore this message and will serve as a timely reminder to the profession," Claudia Mortimore, deputy executive counsel at the FRC, said in a statement.
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As rising interest rates and inflation leads to cost of living increases, British Columbians are becoming more price-conscious, and that attitude extends even to necessary health checks. Specsavers survey, conducted by Research Co., showed that 55% of British Columbians believe prescription eyewear is not affordable1 and many feel that price is a top consideration when purchasing a new pair of glasses (65%), and when selecting an optometry clinic for an eye exam (69%)2.
NEW YORK (AP) — The stylized action romp “Bullet Train," starring Brad Pitt, arrived with a $30.1 million opening weekend, according to studio estimates Sunday, as the last big movie of Hollywood's summer recovery landed in theaters. The “Bullet Train” debut for Sony Pictures was solid but unspectacular for a movie that cost $90 million to make and was propelled by Pitt's substantial star power. Even if it holds well in coming weeks, movie theaters have no major studio releases on the horizon fo
The dollar turned defensive against other major currencies on Tuesday, with traders reluctant to push the greenback higher without further signs that another aggressive interest rate hikes from the Federal Reserve was coming in September. U.S. inflation data on Wednesday was shaping up as the next key test for the dollar, which rose sharply after Friday's unexpectedly strong jobs report fuelled bets on another 75 bps Fed rate hike.
CALGARY — Suncor Energy Inc. says its Commerce City refinery in Colorado is back up and running after an equipment malfunction earlier Monday. Suncor spokeswoman Mita Adesanya said the malfunction caused the safety system within one of the units at the refinery to activate. She said the system worked as designed, shutting down the equipment to prevent any further disruption to operations. Suncor sent out an alert Monday morning warning residents in the area that the temporary shutdown could resu
BERLIN (AP) — Local officials with German Chancellor Olaf Scholz’s party rejected a bid to expel former Chancellor Gerhard Schroeder over his close ties to Russia, the news agency dpa reported Monday. An arbitration committee of the center-left Social Democrats’ branch in Hannover, where Schroeder lives, considered 17 applications from party members for proceedings against him. Schroeder’s longstanding connections to the Russian energy sector and refusal to distance himself fully from President
The deal marks a continuation of BP's reshaping of its North American oil and gas operations, as it tries to cut its greenhouse gas emissions to appease investors. Cenovus said the Toledo refinery recently completed a major, once in five years turnaround, and the deal will bring company's total refining capacity to 740,000 barrels per day. "Fully owning the Toledo refinery provides a unique opportunity to further integrate our heavy oil production and refining capabilities," Alex Pourbaix, Cenovus's chief executive officer, said in a statement.
Crypto exchange Zipmex will release Ethereum and Bitcoin tokens from this week, a spokesperson said on Monday, allowing 60% of its customers to retrieve their digital assets after a suspension of withdrawals from its Z Wallet product. The Singapore-based Zipmex, which also operates in Thailand, Australia and Indonesia, in July halted withdrawals from Z Wallet, which it said had $53 million worth of cryptocurrencies exposed to Babel Finance and Celsius. Ethereum will be released on Thursday and Bitcoin on Aug. 16, the company said.
TORONTO — Martinrea International Inc. says it had net income of $25.5 million for the quarter ending June 30, up from $24 million for the same quarter last year. The automotive parts manufacturer says adjusted net income was also $25.5 million, which worked out to 32 cents per share, while adjusted net income last year was $27 million or 34 cents per share. The Toronto-based company says total sales were $1.11 billion, up 26 per cent from last year. Analysts had expected adjusted earnings of 30
Crypto exchange Zipmex will release Ethereum and Bitcoin tokens from this week, a spokesperson said on Monday, allowing 60% of its customers to retrieve their digital assets after a suspension of withdrawals from its Z Wallet product. The Singapore-based Zipmex, which also operates in Thailand, Australia and Indonesia, in July halted withdrawals from Z Wallet, which it said had $53 million worth of cryptocurrencies exposed to Babel Finance and Celsius. Ethereum will be released on Thursday and Bitcoin on Aug. 16, the company said.
Northrop Grumman has signed a launch deal with Elon Musk's SpaceX to send three cargo missions to the International Space Station while the company builds an upgraded version of its workhorse Antares rocket, a Northrop spokeswoman said on Monday. The launch agreement with SpaceX coincides with Northrop climbing out of a months-long predicament with its workhorse Antares rocket, whose Russian-made engines were cut off from the United States in March by Moscow in retaliation for Western sanctions over its invasion of Ukraine. "The launches will take place in late 2023 and 2024 from the Kennedy Space Center, Florida in support of the NG-20, -21 and -22 CRS missions," Northrop spokeswoman Ellen Klicka said in an email.
Billionaire hedge fund manager Ray Dalio's huge popularity in China has not only drawn local investors flocking to his funds but also spawned home-grown challengers using his "All Weather" strategy and brand to try to beat him at his own game. Now, the Connecticut-based hedge fund giant he founded, Bridgewater Associates, is pushing back. In recent months, Bridgewater registered in China several "All Weather" trademarks in English and Chinese, an effort to tackle the "confusion" created by local copycats, said Joanna Alpert, Bridgewater China's portfolio manager.
BlackBerry’s improving fundamentals have helped its stock soar lately and outperform the broader market. The post BlackBerry Stock is Rallying! Buy Before It’s Too Late appeared first on The Motley Fool Canada.
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