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Jeffrey Born in the Press

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Exclusive: Tesla Investor Calls for Board To Oust Elon Musk as CEO

Dismissal of a CEO is “very uncommon,” Jeffrey Born, a professor of finance at Northeastern University, told Newsweek, noting that while the large decline in Tesla shares may make it “more likely,” it would still be rare.
U.S. News

The Model 3 may be Tesla Motors’ biggest test yet (TSLA)

Yet in a seeming paradox, “Tesla has yet to report a profit in any quarter since it has gone public,” says Jeff Born, professor of finance and director of the executive MBA Program at Northeastern University’s D’Amore-McKim School of Business in Boston. Still, semi-irrational exuberance prevails. “The lack of tangible results to date has not […]
Yahoo!

5 reasons to avoid penny stocks at all costs

“At the track there is usually a reason a horse is a long shot: it can’t run fast,” says Jeffery Born, professor of finance at the D’Amore-McKim School of Business at Northeastern University. “Penny stocks are the long shots of the investing world. For every one that pays off big, there are many, many more […]
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Is North Dakota’s economy really oil-rigged?

“The bigger problem is going to be the knock-on effect,” said oil and gas expert Jeffery Born, professor of finance and group coordinator at D’Amore-McKim School of Business at Northeastern University in Boston. North Dakota was the second-largest producer of crude oil in the nation in 2013, after Texas, according to most recent published datafrom […]
MarketWatch

Gold finishes higher for a fourth straight session

May copper HGK5 tacked on 2.85 cents, or 1%, to $2.7895 a pound. “Inventory levels for copper have been growing for over a year,” said Jeffery Born, a professor of finance at the D’Amore McKim School of Business at Northeastern University. “This overhang will no doubt flood into the market should copper prices show any […]
International Business Times

Florida’s economy and immigrants reel as ‘greening’ ravages orange juice industry

The bleak outlook for Florida’s multibillion dollar citrus industry’s growing season will mean fewer jobs for seasonal workers and a big hit to the state’s economy, experts predict. Analysts expect the state to produce its smallest citrus crop in five decades during the season beginning next month, as up to 75 percent of the state’s […]
Yahoo! Finance

Long live cash: Why paper will never die

To hear technology folks tell it, cash isn’t long for our world. Plastic — in the form of credit cards and debit cards — is the go-to payment option for most consumers today. Our mobile phones are threatening to replace our wallets, and recently we’ve seen the arrival of so-called virtual currencies like bitcoin, even […]
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My business accepts Bitcoins

The five-year-old digital currency is increasingly being adopted by brick-and mortar businesses, including dentists, pet boutiques — even a small honey business in Utah. In 2012, about 1,000 businesses used BitPay, the largest processor of Bitcoin payments. Today, more than 26,000 businesses worldwide use BitPay, said Tony Gallippi, its cofounder and CEO. The majority of […]
MarketWatch

Analysts forecast a corrosive year for copper prices

When the U.S. Federal Reserve stops printing $80 billion a month to buy bonds, interest rates may jump, and that may stop the improvement in the U.S. housing industry and perhaps even trigger a recession, said Jeffery Born, a professor of finance at the D’Amore McKim School of Business at Northeastern University. “This fear has […]

Jeffrey Born for Northeastern Global News