Tasks aren’t created equal. Learn how to be more productive in your work with this practical framework.
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The New York Stock Exchange welcomes executives and guests from Wolfspeed (NYSE: WOLF), on Oct. 4th, 2021, in celebration of its listing. NYSE Company: Wolfspeed (WOLF) Business: Wolfspeed is a semiconductor company focused on silicon carbide technologies. The company provides solutions for efficient energy consumption and a sustainable future. Its product families include silicon carbide material and power devices targeted for various applications such as electric vehicles and fast charging, as well as renewable energy and storage. Stock Market Value: $3.3B ($26.25 per share) Activist: Jana Partners Percentage Ownership: n/a Average Cost: n/a Activist Commentary: Jana is a very experienced…
There’s a common narrative in the investment community that says the people who really made money during the gold rush weren’t the miners—but the entrepreneurs who sold miners the picks and shovels they needed to prospect. Investors who recount this tale often point to the story of California’s first millionaire, a businessman and newspaper publisher named Samuel Brannan, who made the bulk of his fortune selling equipment and provisions to gold miners at a premium in the 1840s and ‘50s. Some will even bring up Levi Strauss, the German-born businessman who imported fine goods into San Francisco—including, of course, blue…
Residential buildings under construction at the Phoenix Palace project, developed by Country Garden Holdings Co., in Heyuan, Guangdong province, China in September 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China’s state-directed economy may be creating the conditions for a new wave of bond defaults that could come as soon as next year, according to an S&P Global Ratings report released Tuesday. It would be the third round of corporate defaults in about a decade, the ratings agency pointed out. It comes against a backdrop of extremely few defaults in China amid concerns about overall growth in the world’s…
Note: The following article contains spoilers about the Netflix series 3 Body Problem. I first encountered the three-body problem 60 years ago, in a short story called “Placet is a Crazy Place” by American science fiction writer Frederic Brown. In Brown’s story, Placet is a planet in a figure-of-eight orbit around two stars, one of which is composed of ordinary matter, the other of anti-matter. The closeness of the two stars cause time and space to become wonderfully distorted so that Placet can eclipse itself. But, intriguingly, the orbit is assumed to be stable and predictable. Chinese science fiction writer…
Former US President Donald Trump sits in the courtroom at Manhattan criminal court in New York, US, on Friday, April 26, 2024. Jeenah Moon | Via Reuters This is a developing story and will be updated throughout the day. Prosecutors called two new witnesses Friday afternoon in former President Donald Trump’s New York criminal hush money trial. The first was Trump’s longtime personal secretary Rhona Graff. Considered by many to be the most influential gatekeeper of the former president during his years at the Trump Organization, Graff said Friday that she no longer works for Trump but that her attorneys…
A Ferrari is parked outside the New York Stock Exchange in celebration of Ferrari’s initial public offering in New York City on Oct. 21, 2015. Andrew Burton | Getty Images Ferrari CEO Benedetto Vigna promised on Tuesday that the luxury carmaker’s new electric vehicle will offer drivers the same “unique” experience as its historic combustion engines. The Italian company is launching its first fully electric vehicle in the final quarter of 2025 and will open a new production site in Maranello, Italy, in June to manufacture electric motors, battery packs and power inverters. Ferrari is forecasting that approximately 60% of…
Stephanie F., who asked Fortune to withhold her last name for privacy concerns, was 39 when she became incarcerated in 2018 at Coffee Creek Correctional Facility, a medium-security women’s prison in Oregon that holds anyone from drug charges to those serving life sentences without parole. At the time, she said, “I never really took care of myself,” and needed to learn to “control my temper and keep my mouth shut.” Five years into her sentence, she was desperate for a fresh start. Her release date in 2032 was a decade away, and prison could be demoralizing. That’s when she met…
At an all-hands meeting, Raghavan laid out some uncomfortable realities about ad revenue and AI.
Head coach Arne Slot of Feyenoord looks on after the Dutch Eredivisie match between Go Ahead Eagles and Feyenoord at De Adelaarshorst on April 25, 2024 in Deventer, Netherlands. Defodi Images | Defodi Images | Getty Images Liverpool and Feyenoord have reached an agreement in principle over a compensation package for Arne Slot to become Jurgen Klopp’s successor. The compensation package is £7.7m, plus £1.7m in add-ons. Slot, who led the Dutch club to only their second Eredivisie title this century last season, featured on Liverpool’s list of candidates from the start of a long, rigorous process and topped it…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korean memory chipmaker SK Hynix on Thursday reported a net profit of 1.92 trillion South Korean won ($1.39 billion) in the first quarter, reversing a loss of 2.58 trillion won logged in the same period a year ago. This was the first positive income recorded since the third quarter of 2022, LSEG data showed. SK Hynix posted net losses…
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode: Learn how scammers deceive victims by using AI for voice cloning and learn how you can protect yourself from other AI-related fraud. How can you protect yourself from AI-driven scams that target your finances? What new scams are happening as technology advances? Hosts Sean Pyles and Sara Rathner discuss the alarming use of AI in scams and the future of fraud to help you understand how to safeguard your personal security. They begin with a discussion of AI-driven voice scams, with tips and tricks…