Oil pipelines to drive Canadian economy like 1880s railroads
Oil pipelines, under attack from environmentalists, are essential to Canada’s economic growth just as railroads were in the 1880s, Enbridge Inc. Chief Executive Officer Al Monaco said.
Hedge funds trail S&P 500 by 10 percentage points, Goldman says
Hedge funds’ returns have stayed “lackluster” this year, with the $2.3 trillion industry trailing the gains of the Standard & Poor’s 500 Index by about 10 percentage points, according to Goldman Sachs Group Inc.
Tap into oil volatility using an options spread
Over the past week crude oil prices have been rocked by conflicting macroeconomic data and a suspected price-fixing scandal, leaving many investors questioning the validity of current price levels. Tap into that volatility with a put spread.
Apple tax query becomes Cook’s latest crisis-management test
Tim Cook’s tenure at the helm of Apple Inc. has been a crash course in crisis management. In almost two years since Cook became chief executive officer, Apple has lurched from one reputation-threatening public-relations predicament to the next.