Fed vs. inflation
Heirs in egg giant ready to cash out after rally
The American egg giant Cal-Maine Foods' owner family - consisting of founder Fred Adams' four daughters - is about to exchange their voting shares. The Financial Times reports. Analyst Ben Silverman interprets this as the heirs getting ready to sell off their holdings.
The move comes after soaring egg prices in the US, in turn a result of an outbreak of bird flu, led to a fourfold profit for Cal-Maines in the fourth quarter.
Heirs in egg giant ready to cash out after rally
The American egg giant Cal-Maine Foods' owner family - consisting of founder Fred Adams' four daughters - is about to exchange their voting shares. The Financial Times reports. Analyst Ben Silverman interprets this as the heirs getting ready to sell off their holdings.
The move comes after soaring egg prices in the US, in turn a result of an outbreak of bird flu, led to a fourfold profit for Cal-Maines in the fourth quarter.
Swedish crisis preparedness
FI on cash in case of war: "Use has decreased"
Experience from Ukraine shows that a lack of cash need not create problems for Sweden in the event of war. This is what Daniel Barr, the Director General of the Swedish Financial Supervisory Authority, tells TT.
- It actually turned out, except perhaps in the first few weeks, that cash use in Ukraine has decreased while electronic payments have increased.
The authority's advice is that everyone should have cash at home for a week.
FI on cash in case of war: "Use has decreased"
Experience from Ukraine shows that a lack of cash need not create problems for Sweden in the event of war. This is what Daniel Barr, the Director General of the Swedish Financial Supervisory Authority, tells TT.
- It actually turned out, except perhaps in the first few weeks, that cash use in Ukraine has decreased while electronic payments have increased.
The authority's advice is that everyone should have cash at home for a week.
Tesla's future
Tesla cars worldwide vandalized after Musk gesture
Tesla owners have had their windows smashed, their cars sprayed with swastikas or received threatening notes in several different countries in Europe, the US and Canada, reports P3 Nyheter. The radio channel has interviewed Helen Svensson who received a note with the text "I drive fascistically" stuck to her Tesla.
She tells the radio that she does not understand why she is being attacked.
- We car owners have no relationship with the owner of Tesla.
The attacks come after Elon Musk made a gesture at a public appearance that was interpreted as a Hitler salute. In addition, Musk has received sharp criticism in the US for how he is handling his role in the Trump administration, where Musk has a mission to reduce government spending.
Tesla cars worldwide vandalized after Musk gesture
Tesla owners have had their windows smashed, their cars sprayed with swastikas or received threatening notes in several different countries in Europe, the US and Canada, reports P3 Nyheter. The radio channel has interviewed Helen Svensson who received a note with the text "I drive fascistically" stuck to her Tesla.
She tells the radio that she does not understand why she is being attacked.
- We car owners have no relationship with the owner of Tesla.
The attacks come after Elon Musk made a gesture at a public appearance that was interpreted as a Hitler salute. In addition, Musk has received sharp criticism in the US for how he is handling his role in the Trump administration, where Musk has a mission to reduce government spending.
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