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  • Ferrari CEO moves fast while forging own path on EVs
    Automotive

    Ferrari CEO moves fast while forging own path on EVs

    February 14, 2023 /

    One turns 20 this 12 months, the other transported its very first auto soon soon after Globe War II. The previous desires to carry sustainable transportation to the masses, when the latter sells speed and extravagance to the world’s wealthiest. One’s autos quietly whir, and the other’s roar. Tesla Inc. and Ferrari NV have tiny in widespread, and is not going to for a further several years. But in 1 of the several interviews he’s offered given that starting to be chief govt officer of the Italian supercar maker 17 months in the past, Ferrari Chief Government Officer Benedetto Vigna complimented the electrical automobile maker led by Elon Musk even…

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    Francis McGee Comments Off on Ferrari CEO moves fast while forging own path on EVs

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    Boulware: Excellence before expansion | Automotive News

    Boulware: Excellence before expansion | Automotive News

    January 2, 2023
    Ford weighs changes to EV dealer rules

    Ford weighs changes to EV dealer rules

    January 28, 2023
    Top 10 automotive designs of 2022

    Top 10 automotive designs of 2022

    December 27, 2022
  • Apple stock in focus as CEO Tim Cook spooks with one phrase
    Finance News

    Apple stock in focus as CEO Tim Cook spooks with one phrase

    February 5, 2023 /

    Apple (AAPL) CEO Tim Cook and his righthand CFO Luca Maestri channeled their interior Wall Road economist on the tech giant’s earnings contact late Thursday. After a exceptional earnings pass up for Apple, Prepare dinner and Maestri utilized some variation of the phrase “tough economy” seven moments on the earnings connect with. Both of those are unconventional for the mighty Apple. “The macroeconomic ecosystem this earlier quarter markedly was extra complicated than 12 months back,” Maestri advised analysts. Shares of Apple — which fell significantly in pre-industry investing on Friday — nevertheless rallied on Friday. The financial worries to which Cook referred could be seen in Apple’s earnings. Apple Earnings…

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    Francis McGee Comments Off on Apple stock in focus as CEO Tim Cook spooks with one phrase

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    Stock futures muted, bond yields rise

    Stock futures muted, bond yields rise

    March 29, 2023
    Stocks edge higher ahead of inflation data, Fed meeting

    Stocks edge higher ahead of inflation data, Fed meeting

    December 13, 2022
    S&P 500, Nasdaq fall, yields rise after hawkish Fedspeak

    S&P 500, Nasdaq fall, yields rise after hawkish Fedspeak

    March 2, 2023
  • Toyota taps Lexus head Koji Sato as new CEO; Akio Toyoda becomes chairman
    Automotive

    Toyota taps Lexus head Koji Sato as new CEO; Akio Toyoda becomes chairman

    January 27, 2023 /

    Sato ought to also plot a route towards a carbon neutral long run, although balancing the large customer demands of the automaker and fending off nimble new rivals from Silicon Valley, China and over and above. Sato will have to reinvent the organization for a new era when retaining all the corporate society that has been the solution to Toyota’s accomplishment for so extensive. Toyoda is the grandson of Kiichiro Toyoda, the located of the vehicle corporation, and the son of Shoichiro Toyoda, a earlier president of the business until 1992. Toyoda’s shift to the supervisory position of chairman palms regulate of day-to-day operations to a non-family members member for…

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    Francis McGee Comments Off on Toyota taps Lexus head Koji Sato as new CEO; Akio Toyoda becomes chairman

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    Here is What You Should Know

    Here is What You Should Know

    March 9, 2023
    Electrifying The Automotive Industry: The Rise Of QuantumScape (NYSE:QS)

    Electrifying The Automotive Industry: The Rise Of QuantumScape (NYSE:QS)

    February 5, 2023
    Goldman Sachs Says These 2 Automotive LiDAR Stocks Should Be On Your Radar; Sees at Least 90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Upside Potential

    Goldman Sachs Says These 2 Automotive LiDAR Stocks Should Be On Your Radar; Sees at Least 90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Upside Potential

    March 21, 2023
  • China should set aside political issues on vaccine imports, CEO says
    Politics News

    China should set aside political issues on vaccine imports, CEO says

    January 17, 2023 /

    China requirements to move previous political issues and look at importing Covid-19 jabs to stop the pandemic globally, in accordance to the chief govt of the world’s hottest vaccine company. “They need to have to open them selves up to healthcare and vaccines from the West and set apart any political challenges or issues that are holding them back,” Adar Poonawalla, CEO of the Serum Institute of India, instructed CNBC’s Joumanna Bercetche at the Planet Financial Forum in Davos. China has expert a substantial spike in Covid-19 cases and fatalities following abruptly ending its zero-Covid plan, which imposed demanding lockdowns, mass screening and quarantine on arrival into the country. China’s full…

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    Francis McGee Comments Off on China should set aside political issues on vaccine imports, CEO says

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    New Jersey township’s elected board switches political parties from Democrat to Republican

    New Jersey township’s elected board switches political parties from Democrat to Republican

    February 8, 2023
    Kevin McCarthy and Mitch McConnell on collision course

    Kevin McCarthy and Mitch McConnell on collision course

    December 15, 2022
    Book says Cubans are not refugees but ‘privileged’ immigrants

    Book says Cubans are not refugees but ‘privileged’ immigrants

    December 10, 2022
  • Goldman CEO David Solomon sees only 35{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} chance of soft landing, stocks lower in 2023
    Finance News

    Goldman CEO David Solomon sees only 35{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} chance of soft landing, stocks lower in 2023

    December 7, 2022 /

    Goldman Sachs (GS) CEO David Solomon expects the stock market’s slide to go on in 2023 and thinks the odds of a economic downturn hitting the U.S. economic system are about 2-out-of-3. Speaking at the Wall Street Journal’s CEO Council Summit on Tuesday, Solomon mentioned he expects shares will be decreased, together with oil and true estate (the two commercial and residential), when the U.S. dollar is poised to increase a bit following year. Meanwhile, Solomon put the probability of a “delicate landing” — or a slowdown in inflation that won’t idea the economic climate into recession — for the U.S. economic climate at only 35{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. “I would determine a smooth…

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    Francis McGee Comments Off on Goldman CEO David Solomon sees only 35{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} chance of soft landing, stocks lower in 2023

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    Powell tells Congress rates will likely be ‘higher than previously anticipated’

    Powell tells Congress rates will likely be ‘higher than previously anticipated’

    March 8, 2023
    Tech stocks soar after Fed’s latest rate hike

    Tech stocks soar after Fed’s latest rate hike

    February 2, 2023
    Stocks closed higher amid a flurry of earnings: Stock market news today

    Stocks closed higher amid a flurry of earnings: Stock market news today

    April 18, 2023
  • Founder of troubled electric van maker Arrival steps aside as CEO | Automotive industry
    Automotive

    Founder of troubled electric van maker Arrival steps aside as CEO | Automotive industry

    November 25, 2022 /

    The founder of the electrical van start-up Arrival has stepped apart as main government shortly soon after a chaotic technique U-change in which it shifted aim from the British isles to the US. Denis Sverdlov, a Russian telecoms billionaire, will be changed by Peter Cuneo, the former head of Marvel Amusement until eventually its sale to Disney. Cuneo led the inventory industry listing early very last 12 months that injected $660m (£548m) into the company at the height of a global electric motor vehicle expense frenzy. Sverdlov, who remains a significant shareholder, will continue to be with the enterprise, swapping roles with Cuneo, who has been serving as chair of…

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    Francis McGee Comments Off on Founder of troubled electric van maker Arrival steps aside as CEO | Automotive industry

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    Karma Automotive to build B-ON’s eLCVs for US, Canada, LATAM

    Karma Automotive to build B-ON’s eLCVs for US, Canada, LATAM

    February 9, 2023
    Mazda’s Akira Marumoto on a cautious EV approach

    Mazda’s Akira Marumoto on a cautious EV approach

    December 13, 2022
    Goldman Sachs Says These 2 Automotive LiDAR Stocks Should Be On Your Radar; Sees at Least 90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Upside Potential

    Goldman Sachs Says These 2 Automotive LiDAR Stocks Should Be On Your Radar; Sees at Least 90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Upside Potential

    March 21, 2023
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