January 20, 2022 8:35 am
Whitestone REIT (WSR) announced earlier this week its Board of Trustees had appointed Dave Holeman as its next Chief Executive Officer, with immediate effect. The new appointment comes after the employment termination of James Mastandrea as the company’s CEO for cause, who has also been removed as Chairman of the Board. David Taylor, an independent […]
Read moreJanuary 20, 2022 8:08 am
Daimler Truck, which spun off from Daimler (DAIGn) in December, reported a 20% sales growth to 455,000 units in 2021. Yet, the sales figure was 13% below pre-pandemic levels. Trucks Asia reported the highest growth last year, or 30%, while the Buses segment reported zero growth, with sales unchanged at 19,000 vehicles. Supply chain bottlenecks […]
Read moreJanuary 19, 2022 8:24 am
United Airlines said earlier this week that the current 5G wireless rollout plan in the United States would negatively affect some 1.25 million of its passengers and at least 15,000 flights per year. United and other major airlines believe that 5G interference could compromise key safety systems and lead to suspended passenger and cargo flights. […]
Read moreJanuary 18, 2022 8:57 am
Netflix Inc said last week it had increased its monthly subscription prices in the United States and Canada to help pay for new programming amid fierce competition in the streaming TV market. The streaming company had previously announced plans to spend $17 billion on programming in 2021. In the United States, Netflix’s standard plan, which […]
Read moreJanuary 17, 2022 8:21 am
Citigroup Inc’s (C) fourth-quarter profit, reported on Friday, shrank at an annual rate of 26%, since the Wall Street bank took a hit from higher expenditures and weaker performance at its consumer banking division. The bank’s earnings dropped to $3.2 billion ($1.46 per share) during the quarter ended on December 31st from $4.3 billion ($1.92 […]
Read moreJanuary 15, 2022 1:06 pm
Italy’s Eni has set foot into Greece’s solar power market with the acquisition of Solar Konzept Greece, which has an 800 megawatt portfolio of projects at different stages of development. The Italian energy group purchased the firm from Solar Konzept International, which is majority owned by Germany’s Aquila Capital. Solar Konzept Greece will be a […]
Read moreJanuary 14, 2022 8:08 am
DoubleDown Interactive (DDI), a developer and publisher of digital social casino games, said on Thursday that it had finalized a $1.5 million investment in Epic Games, a leading interactive entertainment firm. DoubleDown invested in Epic Games via a venture fund led and managed by Gorilla PE and NCore Ventures along with a number of major […]
Read moreJanuary 13, 2022 8:32 am
Volkswagen AG (VOWG) on Wednesday reported its lowest sales in 10 years in 2021 as it delivered 8.9 million vehicles. The auto maker also said it expected supply chain conditions to remain volatile during the first half of 2022. Sales at the Volkswagen brand dropped 8.1% year-on-year to just under 4.9 million vehicles, while the […]
Read moreJanuary 12, 2022 11:33 am
IZEA Worldwide Inc, the premier provider of influencer marketing technology, data and services for the leading brands globally, said on Tuesday that it now accepted payments in Bitcoin and Ethereum for its influencer marketing services. In a recent survey of 1,000 participants from the United States, IZEA concluded that influencers were early adopters of cryptocurrency. […]
Read moreJanuary 12, 2022 9:22 am
Ford Motor Company (F) said earlier this week it had appointed Martin Sander, Audi’s former Europe sales chief, as head of its operations in Germany as well as of its passenger vehicles for Europe. The new role will combine the position of chair of Ford-Werke GmbH in Germany and General Manager of passenger vehicles for […]
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