Thursday: The conglomerate said its power business is on a long-term path to strong profitability. GE Vernova—the power business which includes grid, gas and wind power assets—has long been struggling. Last year, Vernova’s operating profit margins came in at about negative 3%. On Thursday, GE (ticker: GE) reiterated its 2023 financial guidance for both the overall company and its segments, including its forecast for Vernova to see a full-year operating loss between $600 million and $200 million. Already a member? Sign In The Bank of Japan Has Its Own Inflation Problem. It’s the Opposite of the Fed’s. Updated March 9, 2023 8:21 am ET / Original March 9, 2023 8:20 am ET Order Reprints Print Article Americans have experienced the fastest inflation in a generation over the past year. Shoppers hoping for a world in which prices don’t go up should be careful what they wish for. Take a look at Japan, where prices have remained static the past 25 years. The Bank of Japan 8301 –1.16% has been fighting a battle, which is opposite to that usually faced by the Federal Reserve—instead of trying to stop prices rising too quickly, it’s trying to stop them falling. Even though […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
