Category Archive: Finance
Tesla – Mad Science At Its Best
Elon Musk has made headlines over the last few years with high-end, electric Tesla (TSLA) car models. The Roadster and S models come fully equipped with touch-screen center console panels, luxury interiors, and sports performance and acceleration. Stock prices have seen spikes and drops in recent years, but they have remained generally high as the […]
Buffett Takes A Page From The “Inflation King’s” Playbook
by James Rickards, Daily Reckoning Hugo Stinnes is practically unknown today, but this was not always the case. In the early 1920s, he was the wealthiest man in Germany, at a time when the country was the world’s third largest economy. He was a prominent industrialist and investor with diverse holdings in Germany and abroad. Chancellors […]
Chart Of The Day: So Much For The ‘Great Moderation’
A study published last month by the Bank for International Settlements shows the evidence that worldwide financial crises have been amplifying both in terms of their overall magnitude and relative to the real economic cycles.
Tesla Motors Inc. Deal Confusingly Sends Riviera Tool Company Up 12,000%
The report that Tesla Motors Inc (TSLA) acquired Riviera Tool, an automotive supplier based in Grand Rapids, Michigan, caused market confusion and sent a penny stock as much as 12,000% higher. Investors bought the shares of Riviera Tool Company, which is trading on the pink sheets market as RIVT. The RIVT stock was worth […]
Week In Review: Xinbang Pharma Acquires Chinese Peptide Co. For $323 Million
Deals and Financings Guizhou Xinbang Pharmaceutical (SHE: 002390) paid $323 million to acquire Chinese Peptide Company, located in Hangzhou, from the nine companies that owned it (see story). In addition, Xinbang raised as much as $106 million, which it will use to expand CPC’s peptide production capacity. Founded in 1997, CPC describes itself as a high-quality, […]
Income Inequality Is Costing the U.S. on Social Issues
Thirty-five years ago, the United States ranked 13th among the 34 industrialized nations that are today in the Organization for Economic Cooperation and Development in terms of life expectancy for newborn girls. These days, it ranks 29th. In 1980, the infant mortality rate in the United States was about the same as in Germany. Today, […]
Shared Solar Tries Again To Light Up CT
Saared solar, a concept that could make solar power available to the 80 percent of homes in Connecticut that are otherwise unsuited for it, appears headed for another rocky run through the state legislature. Last year a bill authorizing shared solar melted down in end-of-session dramatics marked by bickering and finger-pointing over who was to […]
2016 Race: Fixing our dysfunctional, unfair, economy-strangling tax system must be top GOP priority
Our country is in trouble and the American people know it. The economy, despite improvements here and there, remains sluggish. We’ve never had such a punk recovery from a sharp economic downturn in our history. Incomes are stagnant, and millions of people have either dropped out of the labor force or have been forced to […]
Ways to slash your monthly expenses
It can often seem like your monthly income flows right back out. If you feel like your money is gone before you even have a chance to choose where it goes, you may need to get a handle on your finances. Regular monthly expenses can fill your budget easily, leaving less money to spend now […]
No dogs allowed: San Francisco’s pet housing crisis
The housing crunch in San Francisco isn’t just forcing out lower income renters, it’s forcing out Fido, too. According to San Francisco animal welfare nonprofit SF SPCA, there’s been a surge in owners abandoning their pets due to an inability to find pet-friendly housing. Over the last year, one in four people who left pets […]
