Morningstar Equity Strategist Seth Goldstein joins Yahoo Finance Live to preview Tesla fourth quarter earnings and discuss the outlook for EV competition and the Tesla Cybertruck.
While Europeans bask in the warmth of spring, governments are in a race against winter. Europe is trying to cut use of Russian natural gas because of the war in Ukraine, but still find enough fuel to keep the lights on and homes warm before it gets cold again. That has sent officials and utilities racing to fill underground storage with scarce supplies of natural gas from other producers — competition that further raises already high prices as utility bills and business costs soar. Italy has ann
Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on Tuesday. Insured losses from natural catastrophes have increased 250% in the last 30 years, with perils such as wildfires and storms, seen as particularly impacted by climate change, causing an even faster rise in insured losses, the report said. Insurers' main catastrophe risk in the past was typically from hurricanes in U.S. states such as Florida and Texas, Seth Rachlin, global insurance industry leader at Capgemini, told Reuters.
CHICAGO/WASHINGTON (Reuters) -United Airlines said on Tuesday the Federal Aviation Administration (FAA) has cleared its Boeing 777 planes equipped with Pratt & Whitney (PW) 4000 engines to return to service, while the wide-body jets are expected to begin flying next week. Andrew Nocella, United's chief commercial officer, said the FAA issued the final paperwork for the planes late on Monday. Separately, the FAA confirmed it has approved the service bulletins that will allow the Boeing 777-200 with Pratt & Whitney PW4000 engines to return to service.
TORONTO — A broad rally led by the energy sector pushed Canada's main stock index higher for a second-straight session after six days of losses. Angelo Kourkafas, investment strategist at Edward Jones, says sentiment has stabilized after Friday's rally which followed a deep selloff. "Today, in the absence of any major catalysts we think markets are trying to find some support, but they're doing so in a cautious way," he said in an interview. Defensive sectors such as consumer staples and utiliti
Bank of England boss Andrew Bailey is sorry for an "apocalyptic" view of the world, saying that monetary policy faces its biggest test in 25 years with surging inflation exacerbated by war in Ukraine and China's COVID lockdowns. Federal Reserve chief Jerome Powell, who warned last week that taming inflation will "include some pain", and European Central Bank president Christine Lagarde speak later on Tuesday.
Blue Origin's fourth flight landed successfully in March in west Texas after taking six passengers for a 10-minute journey to the edge of space. Blue Origin said on Wednesday tests showed one of the rocket's back-up systems did not meet performance expectations and it was delaying the mission. A handful of companies including Elon Musk's SpaceX and Richard Branson-founded Virgin Galactic are striving to make space travel a reality.
Canopy Growth Corporation ("Canopy Growth" or "the Company") (TSX: WEED) (NASDAQ: CGC) and Lemurian, Inc. ("Jetty"), a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology, announced today that they have entered into definitive agreements (the "Agreements") providing Canopy Growth, by way of a wholly-owned subsidiary ("Canopy Sub"), the right to acquire, upon federal permissibility of THC in the U.S. or earlier at Canopy Growth's election, up to 100% o
Sitka Gold Corp. ("Sitka" or the "Company") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce assay results from diamond drill hole DDRCCC-22-023 (the "drill hole" or "Hole 23"), the second drill hole completed during the Company's 2022 winter exploration program at its road accessible, district scale RC Gold Project ("RC Gold" or the "Project") located within the Yukon's prolific Tombstone Gold Belt (see Figure 1). Four diamond drill holes were completed during the 2022 winter drillin
COLOMBO, Sri Lanka (AP) — Sri Lanka's governing party on Tuesday defeated a move in Parliament to urgently debate a motion that would censure President Gotabaya Rajapaksa for the nation's worst economic crisis, which the prime minister said has left only enough gasoline for one day. It was unclear when the motion will be taken up again. It would not legally require Rajapaksa to quit, but his refusal to do so has already roiled Sri Lanka, which is on the brink of bankruptcy as it negotiates an ec
Magna (TSX:MG)(NYSE:MGA) stock has grown 8% in the last week but is down over the last year. So is a dividend enough to allow investors to buy and wait? The post Magna Stock: Is a 3% Dividend Yield Enough to Make Investors Stay? appeared first on The Motley Fool Canada.
BERLIN (Reuters) -Daimler Truck Holding said rising raw materials prices and inflationary pressures could weigh into its second quarter, but the truckmaker expected to continue passing high costs to customers amid record levels of demand. Once costs begin to decrease again, it could lower customer prices, Chief Financial Officer Jochen Goetz said on an earnings call. "We are not increasing prices just for the sake of profit, but pure necessity," Goetz said.
You can establish a passive-income stream by investing in high-dividend ETFs like BMO Equal Weight Banks ETF (TSX:ZEB). The post Passive Income: Buy Dividends to Rule Your Retirement appeared first on The Motley Fool Canada.
CMI Financial Group (CMI), Canada's premier private mortgage lender, today announced it has been named the 2022 Mortgage Awards of Excellence Lender of the Year: Private Lender.
Inter Pipeline Ltd. ("Inter Pipeline") announced today that it has agreed to issue $550 million of senior unsecured notes (the "Notes"). The Notes will have a fixed interest rate of 5.849% per annum, payable semi annually, and will mature on May 18, 2032.
OTTAWA — Canadian manufacturing sales and wholesale trade figures climbed higher in March, but the gains came due to higher prices. Statistics Canada said Monday manufacturing sales rose 2.5 per cent to $70.2 billion in March, however sales in constant dollars were unchanged. Meanwhile, wholesale sales rose 0.3 per cent in March to $79.8 billion, but in constant dollar terms sales fell 0.6 per cent for the month. Nikita Perevalov, director of economic forecasting at Scotiabank, said the disappoi
Regardless of volatility, these TSX dividend stocks continue to return strong cash to their shareholders. The post 3 TSX Dividend Stocks That Could Bring Cash, Even Amid Volatility appeared first on The Motley Fool Canada.
KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce that a 9.98 grams per tonne ("g/t") gold stream sediment sample has been collected at the Powerline target area ("Powerline") at the Imperial Gold Project ("Imperial"). Follow up work has established a 45-acre gold anomaly with 600 meters of strike at Powerline situated between two outcrops of mineralized gneiss, the same host rock type of the Imperial deposit. The total strike potential of the Powerlin
In today's tough recruitment market, it is not enough to simply build a diverse workforce and then let your employees get to work while you turn your attention elsewhere. Changing times, norms, and the pandemic have shown that these days a pay cheque isn't enough. To move the dial on employee engagement and overall performance outcomes, organizations must commit to creating an inclusive workplace where everyone feels they belong.
Japanese conglomerate Sony Group Corp said it is well-positioned to play a leading role in the metaverse, or immersive virtual worlds, which commentators speculate will massively disrupt industries and establish new powerhouses. The metaverse is a vague term encapsulating the idea that consumers will spend more time in online simulated environments. "The metaverse is at the same time a social space and live network space where games, music, movies and anime intersect," Chief Executive Kenichiro Yoshida said at a strategy briefing on Wednesday, pointing to the use of free-to-play battle royale title Fortnite from Epic Games as an online social space.
NEW YORK — Shares advanced in Asia on Tuesday after another wobbly day on Wall Street extended a losing streak for markets. Hong Kong advanced nearly 2.5% and other regional benchmarks were moderately higher. Oil prices slipped. Signs of progress in China's effort to bring outbreaks of coronavirus under control appeared to be outweighing concern over weaker than expected Chinese economic data for April. Investors also are watching for comments by Federal Reserve officials that might provide insi
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