Articles

  • 5 days ago | thespec.com | David Olive

    It’s not yet time to write off Tesla and blame its demise on Elon Musk. But for the first time in Tesla’s 21-year history, it’s possible to imagine that outcome. Time to start thinking of Tesla as a mere brand owned by another automaker or even a hedge fund, no longer an independent company associated with CEO and co-founder Musk.

  • 1 week ago | therecord.com | David Olive

    Buffett, 94, has tended to his flock of millions of everyday investors for six decades as CEO of Berkshire. Buffett is perhaps best-known for his stupendous net worth of $168 billion (U.S.), a recent estimate. That’s a shame, because the most important thing about Buffett is his gift to investors, managers and owners of freely dispensed business wisdom, usually delivered in folksy humour. “You should invest in a business that a fool can run, because someday a fool will,” Buffett said.

  • 1 week ago | thespec.com | David Olive

    In the weeks since U.S. President Donald Trump began his tariff war against Canada and scores of other countries, consumers have been bracing for tariff-induced price hikes. But a new threat has emerged with Trump’s tariff regime — the possibility of widespread product shortages. If Trump doesn’t retreat from his tariff aggression, we can expect a summer of shortages. Trump’s tariffs are disrupting the all-important global supply chain.

  • 2 weeks ago | thespec.com | David Olive

    Alberta is giving me a headache. The province stands alone in its incurable sense of grievance with the rest of the federation. Not even a $34.2-billion expansion of the Trans Mountain pipeline (TMX) built by Ottawa to get Alberta oil to non-U.S. markets for the first time has reduced Alberta’s bellyaching. The expanded TMX pretty much guarantees high Alberta oil production and employment for decades to come.

  • 3 weeks ago | thespec.com | David Olive

    Another distinction between Canada and the U.S. has emerged early in Donald Trump’s second term as the U.S. president. Since Trump’s inauguration on Jan. 20, the pace at which Corporate America is abandoning or scaling back its diversity, equity and inclusion programs (DEI) has accelerated. As this space noted earlier, the U.S. anti-DEI trend began last summer in anticipation of a November ballot-box victory by Trump.

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David Olive
David Olive @TheGrtRecession
30 Jan 11

Blog: Finally, the truth about Miss Wasilla.: Tracy Morgan, finally, lets slip the unspeakable: Sarah Palin is "... http://bit.ly/hBrRxp

David Olive
David Olive @TheGrtRecession
15 Oct 09

Blog: More from David Olive - Everybody's Business: After six months of blogging on the Great Recession, D.. http://bit.ly/4gQ2aJ

David Olive
David Olive @TheGrtRecession
13 Oct 09

Blog: Sometimes banks don't even get the ATMs right...: Out-of-reach ATM at the Melli Bank, Iran. Courtesy.. http://bit.ly/hSbWu