Richard Branson steps down as Virgin Hyperloop One chairman

He had ended talks with Saudi Arabia over the Jamal Khashoggi saga. Richard Branson is stepping down as chairman of Virgin Hyperloop One. He confirmed the decision to Reuters, claiming that the company needs a more heavily involved leader on its mission to build a fully functional hyperloop transportation system. “At this stage in the company’s evolution, … More Richard Branson steps down as Virgin Hyperloop One chairman

US Housing Starts Sank 5.3 Percent In September

U.S. home construction fell 5.3 percent in September, a sign that rising mortgage rates may be weighing on the market. The Commerce Department said Wednesday that housing starts slipped last month to a seasonally adjusted annual rate of 1.2 million, down from 1.27 million in August. So far this year, starts have increased 6.4 percent. … More US Housing Starts Sank 5.3 Percent In September

Tesla Secures Land In Shanghai For First Factory Outside US

Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions. Tesla, based on Palo Alto, California, announced plans for the Shanghai factory in July after the Chinese government said it would end … More Tesla Secures Land In Shanghai For First Factory Outside US

US Employers Post Record Number Of Open Jobs In August

U.S. employers posted the most jobs in two decades in August, and hiring also reached a record high, fresh evidence that companies are desperate to staff up amid solid economic growth. Job openings rose a slight 0.8 percent to 7.14 million, the highest on records dating back to December 2000, the Labor Department said Tuesday. … More US Employers Post Record Number Of Open Jobs In August

7 Ways Brilliant Entrepreneurs Stop Doubting Their Genius

Self-doubt is natural. It’s the wallowing in despair that you have to stop. Leaders — especially young or new leaders — face stressful and unfamiliar situations every day. When the wrong decision could make or break a company, it’s easy to get lost in self-doubt and become paralyzed by indecision. Founders can’t let that happen. Your team … More 7 Ways Brilliant Entrepreneurs Stop Doubting Their Genius

The FTSE 100 has slumped 10%+ since May. Is it time to load up?

The performance of the FTSE 100 since May has been hugely disappointing. It has declined from a record high of 7,877 points to trade at around 7,070 points. That’s a fall of just over 10%, and suggests there’s been a sharp change in investor sentiment. Of course, a key reason for this is uncertainty surrounding … More The FTSE 100 has slumped 10%+ since May. Is it time to load up?