This Wall Street Analyst Forecast Tesla’s Dominance. Here’s What He Says Will Shake up the Auto Industry Next.

Adam Jones, Global Auto Analyst at Morgan Stanley, warned that the production of an electric vehicle by either Tesla or Rivian could be bad news for traditional car makers in Detroit. Why? This wildly profitable segment of the vehicle industry is one that auto companies don’t mess around with. Amazon Plunks Down Major Cash to Invest in Tesla Competitor Rivian As CCN reported, Amazon led a $ 700 million funding round in Tesla rival Rivian Automotive LLC. According to the reports, while GM wasn’t included in the round as previously speculated, analysts expect the automaker to inject funds into Rivian in

The post This Wall Street Analyst Forecast Tesla’s Dominance. Here’s What He Says Will Shake up the Auto Industry Next. appeared first on CCN

News – CCN

Op-Ed: If Trump’s Trade War Saved the Steel Industry, Then the Free Market Lost

President Donald Trump took a victory lap on Twitter on Monday for his controversial trade war against China, claiming that steel tariffs have “totally revived” and “saved” the steel industry in the United States: Tariffs on the “dumping” of Steel in the United States have totally revived our Steel Industry. New and expanded plants are happening all over the U.S. We have not only saved this important industry, but created many jobs. Also, billions paid to our treasury. A BIG WIN FOR U.S. — Donald J. Trump (@realDonaldTrump) January 28, 2019 Did Tariffs Save the Steel industry? The New York

The post Op-Ed: If Trump’s Trade War Saved the Steel Industry, Then the Free Market Lost appeared first on CCN

News – CCN

5 Things I Wish Marie Kondo Would ‘Declutter’ from the Crypto Industry

“What do you have that sparks joy? And can we pay with bitcoin?” Her Netflix television series, Tidying Up with Marie Kondo, became available to stream in January 2019 and quickly became a cultural phenomenon. Marie Kondo is the author of the best selling book: The Life-Changing Magic of Tidying Up: The Japanese Art of … Continued

The post 5 Things I Wish Marie Kondo Would ‘Declutter’ from the Crypto Industry appeared first on CCN

News – CCN