**** Hello Open Source ****

Archive for the ‘Business’ Category

Category: Business

Elon Musk’s Tesla Inc. is now officially the most valuable U.S. Car maker today. It edged out General Motors by having the largest market capitalization. Early Monday, Tesla reached a record stock price high of $312.39, creating a market value of $50.887 billion. This value exceeds GM’s market value around $1 million. However, compared to […]

Category: Business

Business sentiment among Japan’s manufacturers has increased for the 2nd straight quarter. A weak yen has helped boost corporate profits to a record high. The Bank of Japan’s (BOJ) Tankan report is a survey given quarterly to more than 10,000 companies. It gave a reading of 12 this quarter, compared to 10 in the previous […]

Category: Business

Canada’s Lululemon Athletica Inc. missed 4th quarter analyst expectations which led to its shares tumbling down by 18.2% to $54.25. According to Thomson Reuters, Wall Street’s consensus forecast for its earnings per share was 39 cents per share. However, the company only expects to make between 25 and 27 cents per share for the 1st […]

Category: Business

According to a news report in April 2016, family budgets are being stretched to the limit. The NBC News report indicates that most consumers are spending more but their salaries are not keeping pace. The data, which was gathered by Pew Charitable Trusts, points out that basic expenses, such as health care, food, transportation and […]

Category: Business

Who says city hall doesn’t work fast? Last month, the Calgary city hall task force requested that the municpitality clamp down on the payday loan industry. Despite the provincial government implementing its own set of rules and regulations for the industry, city councillors thought it would be a prudent move to adopt their own series […]

Category: Business

There has been a lot of press over recent years with regards to the concerns that many officials have when it comes to retirement savings amongst Americans. There are fears that huge numbers of Americans will find themselves in a situation where they can no longer afford to live in the way they have become […]