Business Technology

The former head of the Texas power grid on Wednesday testified that he was ordered by Gov.Greg Abbott to keep power prices at the maximum price cap during last winter’s winter storm, the Houston Chronicle reports . Driving the news: Bill Magness, the former CEO of the Electric Reliability Council […]

Leni, Kiko to hold grand rally in Cebu this Feb.24 CEBU CITY, Philippines — Presidential candidate, Vice President Ma.Leonor “Leni” Robredo, will be in Cebu on Thursday, February 24, and she is expected to hold her first grand rally in the country’s most-vote rich province. In a press release sent […]

“We spent more time on Eskom than fixing electricity supply.There’s a difference between the two.I don’t care who brings the electricity.” He said that there will be no blanket support for SOEs, and that they will have to demonstrate that they are meeting specific requirements and serious about cost containment. […]

If there’s anything I’ve learned as a business leader during the pandemic, it’s the concept of adaptive innovation — creating an agile, collaborative and creative model within your business to meet the needs of your customers.To be truly amenable to adaptive innovation, leaders must also understand the underlying drivers of […]

CNBC’s Jim Cramer said Wednesday that a market snapback is possible if the current biggest headwinds, the Russia-Ukraine crisis and soaring inflation, ease up.”For the market, it’s a two-front war: The one in Ukraine and the one where businesses are now in trouble if they don’t raise prices aggressively….Neither is […]

Inflation is making things more expensive for a lot of people.Are companies making it worse? Bernie Sanders certainly thinks so. In a tweet on Tuesday, the senator from Vermont admonished McDonald’s, Starbucks , and Amazon for raising prices at the same time they’re posting high, even record profits. https://www.twitter.com/BernieSanders/status/1496180733576159232 “Maybe […]

Delivery agents speed on their bikes, take wrong turns, risk their lives – all to deliver groceries in 10 minutes. As Indian startups promise to deliver groceries in 10 minutes, delivery agents suffer [File: Dhiraj Singh/Bloomberg] By Varsha Bansal Bengaluru, India– Lately, Shaik Salauddin’s phone has been ringing off the […]

Cyclical vs.Non-Cyclical Stocks: An Overview The terms cyclical and non-cyclical refer to how closely correlated a company’s share price is to the fluctuations of the economy.Cyclical stocks and their companies have a direct relationship to the economy, while non-cyclical stocks repeatedly outperform the market when economic growth slows. Investors cannot […]

It took millions of people on the brink of starvation, to bring India and Pakistan together.India dispatched its first consignment of Indian foodgrains – that is, 2000 metric tons of wheat – to Afghanistan.No, not by air, but by road – from the Wagah border, and through Pakistan.And now that […]