Stellantis, the world’s fourth-largest automaker, has been facing some challenges in the U.S. market, where its sales and market share have been declining. However, the company’s CEO, Carlos Tavares, is confident that he can turn things around in 2024, by improving various aspects of the business, such as production planning,...
Why Florida’s Drug Importation Plan from Canada is Doomed to Fail
Florida has been given the approval by the U.S. Food and Drug Administration (FDA) to start importing prescription drugs from Canada in bulk, in an attempt to lower the drug prices for its residents. However, this plan is doomed to fail, as Canada does not have enough drugs to fulfill...
China’s Luxury Spending Surges as New Year Celebrations Boost Demand
China’s luxury spending has surged in the first two months of 2024, as the country’s consumers splurged on high-end goods during the Lunar New Year celebrations. The strong demand has given a fresh start to the global luxury industry, which has been hit hard by the COVID-19 pandemic. China’s Luxury...
New Vehicle Market Becomes More Consumer-Friendly in February
The new vehicle market has shown signs of recovery and affordability in February, as supply levels increased and prices dropped. This is good news for consumers who have been facing high prices and low availability of new vehicles due to the COVID-19 pandemic and the global chip shortage. New Vehicle...
Why Canadian dividend stocks may not be the best choice for long-term investors
Canadian dividend stocks are often considered as a safe and reliable source of income for investors, especially in times of market volatility and low interest rates. However, some experts suggest that dividend stocks may not be the best choice for long-term investors, as they may offer lower returns, higher taxes,...