Former FDA chief Scott Gottlieb, left, and former Secretary of Health and Human Services Michael Leavitt, center, are advising Royal Caribbean and Norwegian on security protocols for navigating the pandemic era. Royal Caribbean CEO Richard Fain says the findings will be made public. Getty Images (1); Bloomberg (2) Text size …
Read More »Why might NIO, Tesla, and other EV actions be in bubble territory?
Text size Workhorse, NIO, Tesla, Nikola, and Tortoise have gained nearly 180% in the past month. Now its shares are trading, on average, 146% above Wall Street’s price targets. When stocks go up like this, they become difficult to value. STR / AFP via Getty Images Shares of an electric …
Read More »Factbox: struggling Canadian energy companies face debt pressure
WINNIPEG, Manitoba / TORONTO (Reuters) – Canadian energy companies have about Cdn $ 6 billion ($ 4.42 billion) in refinancing needs this year, the Bank of Canada says. FILE PHOTO: Oil pipeline warning signs are seen on a fence in “Refinery Row” outside of the facilities managed by Enbridge, Kinder …
Read More »Lemonade’s CFO says it is digitizing the insurance industry. Its IPO soared more than 100% today.
Text size The New York Stock Exchange welcomed Lemonade, Inc. (NYSE: LMND) on Thursday, July 2, 2020, in celebration of its IPO. To honor the occasion, Daniel Schreiber, co-founder and CEO, and Shai Wininger, co-founder and chief operating officer, along with Chris Taylor, director of listings, perform at the NYSE …
Read More »Boeing killed its 747 Jumbo Jet. This is why.
Text size Photograph by KAMIL KRZACZYNSKI / AFP via Getty Images Bloomberg reported Thursday that defense and aerospace business giant Boeing is unplugging its iconic double-decker 747 jumbo jet. It is a decision that has taken a long time to arrive. But it is not a surprise. The move was …
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