Toys prove to be better investment than gold, art, and financial securities
Unusual ways of investment, such as collecting toys, can generate high returns. For example, secondary market prices of retired LEGO sets grow by 11% annually, which is faster than gold, stocks, and bonds, HSE University economists say. Their paper w.....»»
Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks
The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out risk, greed and corruption......»»
Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana
This is a different new 3-row EV from the one Toyota will build in Kentucky. Enlarge / This Toyota factory in Indiana is getting a $1.4 billion investment so it can assemble a new three-row electric SUV for the automaker. (credit.....»»
Toyota invests $1.4 billion in Indiana plant for large EV
The investment will add 340 jobs and a new battery pack assembly line, but details signal that either the Toyota Sienna or Toyota Highlander will become a full EV in 2026......»»
Honda unveils $11B investment for EV assembly, battery output in Canada
The company’s leadership was joined by a wide range of government officials, including Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford, for the announcement......»»
BforeAI raises $15 million to stop attacks before they occur
BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. BforeAI autonomously.....»»
Congo demands that Apple prove iPhone doesn"t use conflict materials
The Democratic Republic of Congo has told Apple it believes the iPhone maker's supply chain is using materials linked to militia groups.Apple has been asked to verify that it doesn't use "conflict minerals" in the iPhoneApple and at least most Big Te.....»»
Crises like pandemics or financial crashes could stall progress on gender diversity in boardrooms
Forget shattering the glass ceiling—a new research study published in The Leadership Quarterly warns that crises like the recent COVID-19 pandemic or a global financial crash could slam the brakes on progress toward improving gender diversity in bo.....»»
Laser technology offers breakthrough in detecting illegal ivory
A new way of quickly distinguishing between illegal elephant ivory and legal mammoth tusk ivory could prove critical to fighting the illegal ivory trade. A laser-based approach developed by scientists at the Universities of Bristol and Lancaster, cou.....»»
Engineers muffle invading pathogens with a "molecular mask"
Vaccines remain the gold standard of protection against dangerous pathogens, but take considerable time and vast resources to develop. Rapidly mutating viruses such as SARS-CoV-2 can blunt their effectiveness and even render them obsolete......»»
Tesla profits drop 55% as Elon Musk dodges cheap car questions
Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»
GM Financial Q1 net income slips 8%
The captive said lease originations rose, while retail loans fell......»»
GM posts higher Q1 profit, ups 2024 financial guidance
GM said it raised its full-year earnings guidance and set a first-quarter record for North American revenue......»»
Europe"s main financial entity believes Apple"s proposed iPhone NFC changes aren"t enough
The European Central Bank is opposed to Apple's proposed changes to the iPhone's near-field communication at the core of Apple Pay, and has complained about it to the European Commission.Apple could have to make additional changes to its NFC APIsPiet.....»»
Morgan Stanley weirdly bullish on iPhone as it trims Apple stock price target
Investment bank Morgan Stanley says there are signs of increased iPhone, Mac, and Services revenue for Apple, but it has cut its target price by $10.Apple ParkOne week after claiming that Apple has increased its June quarter iPhone orders, Morgan Sta.....»»
AESC doubles battery investment for BMW"s EVs in South Carolina
The plant is expected to come online in 2027 and supply BMW's assembly plant in Spartanburg, S.C., where the automaker plans to produce at least six EV models by 2030......»»
PlayStation has a secret weapon up its sleeve: the Hero Project
With the industry looking less certain than ever, PlayStation's Hero Project is secretly it's smartest investment......»»
3 underrated Netflix shows you should watch this weekend (April 19-21)
From one of the scariest shows ever made to a pitch black comedy, these underrated Netflix shows prove there's plenty to watch on the service this weekend......»»
Why trust is job #1 for new financial regulatory compliance
Why trust is job #1 for new financial regulatory compliance.....»»
51% of enterprises experienced a breach despite large security stacks
Threat actors are continuing to successfully breach across the entire attack surface and the stakes are only getting higher: 93% of enterprises who admitted a breach reported unplanned downtime, data exposure, or financial loss as a result, according.....»»
CEOs" human concern translates into higher stock price, says study
Compassionate leadership has tangible benefits: CEOs' expressions of empathy correlate with positive stock performance, a study led by the University of Zurich shows. The researchers analyzed data from conference calls between CEOs and financial anal.....»»