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Month: October 2021

Supply chains have been stretched beyond breaking

Coronavirus aftershocks just keep coming

By Charles Riley, CNN Business We hate to be the bearers of bad news. But the pandemic just keeps delivering setbacks for the global economy. Supply chains have been stretched beyond breaking, inflation is rising sharply across developed economies and an energy crisis looms. The latest problem spot is Germany, where manufacturing production fell 4.7%

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Ark Investment Management is permanently closing its New York office and relocating to St. Petersburg

Cathie Wood’s Ark Invest is quitting Wall Street and moving to Florida

By Charles Riley, CNN Business Cathie Wood is moving her business to Florida. Ark Investment Management is permanently closing its New York office and relocating to St. Petersburg, Florida, the company announced Wednesday. Wood’s flagship Ark Innovation exchange-traded fund surged nearly 150% in 2020, turning her into a Wall Street superstar. Wood does things differently,

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Closure of U.S. land border may hamper Canadians’ winter travel plans once again, experts say

By Brooklyn Neustaeter, CTVNews.ca Writer Click here for updates on this story     TORONTO, Ontario (CTV Network) — With the United States’ land border still closed to non-essential travel, experts say some Canadian snowbirds may be staying home for a second consecutive winter. Oct. 21 is the deadline for the U.S. Department of Homeland Security to

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