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A few months ago, I wrote an initiation article on E Split Corp. (TSX:ENS:CA), going over the mechanics of the split share corporate structure and some specific features of ENS. Since E Split Corp. is essentially a levered play on shares of Enbridge Inc. (ENB), I will present some thoughts…
Trump’s federal election trial was postponed indefinitely. Legal analyst explains The federal election subversion case against former President Donald Trump has been postponed because of ongoing appeals about the power of the presidency, according to a new court order in the case. Former special counsel at the Department of Defense…
If the past is any guide, the S&P 500 index could continue to power higher in 2024 after posting strong returns in January, according to an analysis from Bespoke Investment Group. A team of stock-market analysts at Bespoke found that typically when the S&P 500 SPX is trading in positive…
The Bay Area Air Quality Management District said it is investigating complaints into a New Year’s Eve flaring incident at Chevron Corp.’s 257,200 b/d Richmond, Calif., facility. The agency stated in a post shared on the social media platform X, formerly known as Twitter, that the Air District received six…
Recent hacks of high-profile accounts on X, formerly Twitter, are putting a spotlight on the social-media platform’s security — and serving as a reminder that every user should take steps to protect their own accounts. The Securities and Exchange Commission and even cybersecurity firm Mandiant have recently seen their X accounts compromised.…
A deduction for state and local taxes could double for certain taxpayers under a bill heading to the full House of Representatives, after being left out of a bigger package that cleared the chamber on Wednesday. The SALT Marriage Penalty Elimination Act, introduced by New York Rep. Mike Lawler and…
© Reuters. Huawei expects 9% revenue growth in 2023 – Reuters According to Reuters, Huawei expects to report revenue exceeding 700 billion yuan ($98.5 billion) for 2023. The publication said the company’s rotating chairman, Ken Hu, revealed the number in an internal new year message, which it has seen. It…
By Laura Sanicola (Reuters) -Oil prices settled slightly higher after a choppy trading session on Wednesday as investors worried about global trade disruption and tensions in the Middle East following attacks on ships by Yemen’s Iran-aligned Houthi forces in the Red Sea. Limiting price gains were a surprise inventory build,…
SHANGHAI/BEIJING (Reuters) – China’s major state-owned banks were active in onshore and offshore foreign exchange markets this week trying to contain the yuan’s slide, four people with direct knowledge of the matter said. The state banks were seen swapping yuan for U.S. dollars in the onshore swap market before quickly…
LONDON (Reuters) – Britain, which has had the strongest inflation among the world’s big rich economies for much of the past two years, could see its pace of price growth slow to below 2% before the United States and the euro zone, a consultancy said on Friday. Capital Economics said…