DETROIT—Amtrak plans to spend $7.3 billion to replace 83 passenger trains, some nearly a half-century old, though much of the funding must still be approved by Congress. Amtrak said Wednesday that under the contract with German manufacturer Siemens AG, some of the trains will be hybrids, able to operate on diesel fuel and electricity where…
After Deal, Egypt Releases Ship That Had Blocked Suez Canal
ISMAILIA, Egypt—Egyptian authorities announced the release Wednesday of a hulking shipping vessel that had blocked the Suez Canal for nearly a week earlier this year. The Ever Given left the canal’s Great Bitter Lake, where it had been held for over three months amid a financial dispute. The development came after its Japanese owner, Shoei…
Homeowners in Missouri are Selling Fast, Reflecting US Market Trends
July 7, 2021
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The housing market is seeing a rise in sales. National new home construction in May was up 34.9 percent from May of 2020, and existing home sales are continuing to rise (pdf). One couple in St. Peters, Missouri, opened up about their personal experience putting their house on the market and just how quickly properties…
Oil & Gas Stocks Soar, Though OPEC+ Impasse Casts Uncertainty
The past year has seen oil & gas stocks flourish amid a Goldilocks environment.
Greensill Gave 6 Government-Backed Loans to Sanjeev Gupta’s GFG on Same Day
Six of the seven loans that Greensill Capital gave to Sanjeev Gupta’s business empire were provided on the same day, new documents show.The six loans could cost the taxpayer up to £240 million and were so concerning to officials that they paused all government-backed lending by Greensill just days later. During the COVID-19 pandemic the…
The Silicon Valley Dream and What Went Wrong
July 6, 2021
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Commentary Silicon Valley, in my opinion, has lost its moral compass, or its soul. These companies are monetizing people’s weaknesses. They know us better than we know ourselves. They use artificial intelligence to predict and test whatever they want to test on us and learn how we react to those tests. That’s how they make…
Nine Countries Reject Global Minimum Tax Deal, Sending It Down Rocky Road to Completion
July 6, 2021
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Nine countries have refused to sign onto an international tax reform framework that includes a 15 percent global minimum corporate tax pushed by the Biden administration as a way to reduce international tax arbitrage by U.S. multinationals and blunt the impact of President Joe Biden’s proposed domestic corporate tax hike. While officials from 130 out…
The 7 Habits You Must Practice If You Want to Be Highly Effective
Article by Daniel Colombo Years go by and this book is a best-seller around the world, and it is also one of my favorites. In it we can learn everything that is needed to be an effective, productive person who is capable of diagramming the life you want. It is “The 7 Habits of Highly Effective People”…
Provention Bio Shares Tumble as US FDA Declines to Approve Diabetes Drug
The U.S. health regulator on Tuesday declined to approve Provention Bio Inc’s experimental diabetes drug, citing insufficient data, sending the company’s shares down about 28 percent. The Food and Drug Administration (FDA) said a study in healthy volunteers failed to show that the drug is comparable to its older version used in the clinical trials….
How to Go From Procrastination to Inspiration
Article by Gurpreet Kaur Imagine you are thriving, convinced you’re on the road to success. Then, all of a sudden, you hit a wall. You don’t even want to get out of the bed, let alone make the bed. You don’t feel like eating, let alone making a healthy meal. You don’t bother exercising—it doesn’t make a difference anyway. Procrastination is…
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