Home / 2022 / December (page 19)

Monthly Archives: December 2022

Test driving GM, Ford and Tesla ‘hands-free’ systems

The 2023 Lincoln Corsair will offer the company’s next-generation ActiveGlide hands-free advanced driver assistance system (ADAS) for highway driving including lane-changing, in-lane positioning and predictive speed assist. Lincoln DETROIT – Letting go is hard. Even if major automakers want to make it easier. Car companies are rapidly expanding technologies that …

Read More »

Investors should look to ‘good quality corporate debt and gold’ in 2023, strategist says

Traders work on the floor of the New York Stock Exchange (NYSE), December 5, 2022. Brendan McDermid | Reuters LONDON — As fundamentals hold up and tight financial conditions weigh on stock markets, corporate debt and gold could be strong investment options in 2023, according to Michael Howell, managing director …

Read More »

Treasury yields muted as calm returns to bond markets after sell-off

U.S. Treasury yields were muted on Wednesday as global bond markets stabilized following the previous session’s sell-off on the back of a surprise policy shift from the Bank of Japan. The yield on the benchmark 10-year Treasury note was just under a single basis point higher at 3.6935%, while the …

Read More »

Goldman Sachs says the Bank of Japan may start tightening, but others disagree

In this photo illustration, Bank of Japan (BOJ) logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images After the Bank of Japan surprisingly widened its target range for Japanese government bond yields, economists at Goldman Sachs said the central bank could belatedly …

Read More »

Investments could flow back into China as companies avoid U.S. delisting

Chinese e-commerce giant Alibaba was one of the 100 over companies that had faced the risk of delisting in the U.S. in 2024 if their audit information was not made available to PCAOB inspectors. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images Investors could regain the confidence to …

Read More »

Supreme Court will consider Biden’s student loan plan in February

Activists hold a student loan forgiveness rally near the White House on April 27, 2022. Anna Moneymaker | Getty Images News | Getty Images The nine justices of the U.S. Supreme Court have scheduled high-profile arguments over President Joe Biden’s student loan forgiveness plan for Feb. 28, meaning borrowers suspended …

Read More »

Bitcoin miner Core Scientific filing for bankruptcy, will keep mining

Core Scientific’s 104 megawatt Bitcoin mining data center in Marble, North Carolina Carey McKelvey Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for Chapter 11 bankruptcy protection in Texas early Wednesday morning, according to a person familiar with the company’s finances. The …

Read More »

2022 in gender equality: Politics, business, pay gap

2022 has been a year of ups and downs for women. While the numbers show slow progress, there are reasons to be optimistic that gender equity in business and politics is moving in a positive direction — at least at the top. In business, the number of female CEOs has …

Read More »

Oil prices could hit $121 a barrel when China fully reopens

Luke Sharrett | Bloomberg | Getty Images Dan Yergin predicts oil prices could hit $121 a barrel when China fully reopens, but warned there are three major uncertainties looming over the market. “Our base case for 2023 is $90 for Brent but you have to look at other cases,” the …

Read More »

Workday names Sequoia’s Carl Eschenbach as co-CEO, alongside Bhusri

Aneel Bhusri, CEO, Workday, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galucia | CNBC Workday said on Tuesday that co-CEO Chano Fernandez is leaving the company and being replaced by Sequoia Capital’s Carl Eschenbach, a former VMware executive and member of Workday’s board. Eschenbach …

Read More »