Tag Archives: costs

A massive shortage of truckers continues to be a bottleneck for supply chains across North America, serving as a significant factor in the American inflation story and leading to skyrocketing trucking costs. According to a recent Bank of America Global Research (BAC) report, the crunch seen in the trucking industry is showing no signs of abating. “One shipper’s rates [are up] +33% [year-over-year], no relief in sight; sees labor shortages & expect pricing to stay elevated,” BofA’s… Source link

(Bloomberg) — Ford Motor Co. shares tumbled the most in almost two years after the automaker missed estimates for quarterly earnings and cautioned it may get off to a slow start to the year due to supply chain issues. Most Read from Bloomberg The carmaker posted earnings of 26 cents a share excluding some items for the last three months of 2021, trailing the 45-cent average analyst estimate. Shortages of critical components including semiconductors disrupted production and will weigh on… Source link

In his annual letter to CEOs this year, BlackRock CEO Larry Fink urged other chief executives to harness the “power of capitalism” to influence society and serve as a catalyst for positive change. Progressive Congresswoman Alexandria Ocasio-Cortez, a democratic socialist, has a very different view on the nature of capitalism. In a new interview with Yahoo Finance taped on Jan. 27, Ocasio-Cortez suggested that people often have different definitions of terms like socialism or capitalism. “When… Source link

Elon Musk, the world’s second-richest man, told Twitter he rented a $50,000 house in Texas. He’s speculated to be living in a prefabricated home made by the housing startup Boxabl. The billionaire appears to be keeping a promise he made in May last year to “own no house.” Visit Insider’s homepage for more stories. Tesla CEO Elon Musk – the world’s second-richest man, with a net worth of about $185 billion – said in a tweet in June that he rented a home in Boca Chica, Texas, that costs $50,000. On… Source link

Millennials are in poor health — and it’s driving up health insurance costs One-third of millennials have a health condition that reduces both their quality of life and their life expectancy, according to a recent study of medical claims done by the Blue Cross Blue Shield Health Index. What does that mean for this ageing generation’s future? “Based on these findings, we’re seeing that millennials are not seeking preventative care and it’s not only having an effect on their immediate… Source link

Google on Tuesday changed how its hotel price-comparison search works worldwide. The search giant made it free for hotels, online travel agencies, and metasearch brands to list room rates in its boxed pricing module for individual properties. Google has long had a price comparison tab on any given property’s listing within its hotel search interface — found via google.com/travel. Until Tuesday, the search titan only showed paid advertisements when users clicked on the “prices” tab…. Source link

LAS VEGAS — A vicious, intentional knee to the head of a downed Aljamain Sterling cost Petr Yan his bantamweight title on Saturday at Apex on the main card of UFC 259. Sterling was on his knees and as he raised his head, Yan belted him in the face with a right knee that snapped Sterling’s head back as if he were on a head-on crash at 65 mph. Referee Mark Smith stopped the bout, and after several minutes, when it was clear that Sterling was physically unable to continue, Smith disqualified… Source link

Oscar Health (OSCR), the startup health insurance company heavily built on its technology capabilities, debuted on the New York Stock Exchange Wednesday at $36 per share, under the IPO price of $39 per share, with a valuation of more than $7 billion. But the fall didn’t blunt the enthusiasm of CEO Mario Schlosser, who joined Yahoo Finance to discuss the decision to go public, as well as how he envisions the company to impact the health insurance industry in coming years. “Ten years from now, I… Source link

Welcome to Bloxburg Roblox Cryptocurrency exchange Coinbase and gaming app Roblox are both getting set to go public through a direct listing of their shares. They have something else in common that’s likely to prove very attractive to investors: Brand awareness. Both companies spend less than 10% of their net revenue on sales and marketing. Those are savings that allow the companies to focus more on product development and even profit generation. With limited marketing, Coinbase emerged as the… Source link

TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link