BlackRock Inc
Investor Kyle Bass: Globalization isn’t over, just don’t invest in countries run by despots
Kyle BassThe Russia’s unprovoked war against Ukraine is not a death knell for globalization but should be a wake-up call about the risks of investing in countries that aren’t democracies, Texas hedge fund manager Kyle Bass said on CNBC on Thursday, “You don’t have to paint it with that broad of a brush,” the founder […]
Read More
Bill Gates and Blackrock are backing the start-up behind hydropanels that make water out of thin air
They’re like solar panels, except instead of electricity, they produce water. Source Global’s hydropanels create water out of thin air and bring it where it’s most needed. CEO Cody Friesen invented the panels in 2014 at Arizona State University’s Ira A. Fulton Schools of Engineering, where he’s on the faculty. A year later, he turned […]
Read More
New Balance bulks up manufacturing presence in U.S. amid global supply chain backlogs
New Balance has opened its fifth manufacturing space in North America. This one is in Methuen, Massachusetts. Source: New Balance While many retailers are struggling to preserve relationships with overseas vendors and manufacturers, against pandemic uncertainty and shaky foreign relations, one is doubling down on its presence in North America. New Balance, a privately held […]
Read More
5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rebound after the Dow’s worst session in weeks Traders on the floor of the NYSE, March 21, 2022. Source: NYSE U.S. stock futures rose Thursday as NATO leaders were trying to find ways to pressure […]
Read More
BlackRock’s Rieder sees more downside in the short term and is holding more cash than usual
BlackRock’s Rick Rieder said stocks still have a ways to fall in a period of uncertainty, but they should be higher at the end of the year. Source
Read More