What happened
On Thursday, for the second time in three days, HEXO (NYSE: HEXO) delivered a piece of good news. The Canada-based marijuana company announced a large-sized (30 gram) version of its Tsunami cannabis flower. Tsunami is a medical marijuana product, and that segment
What happened
Shares of General Electric (NYSE: GE) gained 5% on Thursday on growing optimism about a recovery in the airline industry. GE faced a number of challenges even before the COVID-19 pandemic, but a normalization of air travel would at least provide a boost to one of t
The government-backed Canada Mortgage and Housing Corp said on Thursday it would tighten rules for offering mortgage insurance from July 1, after forecasting declines of between 9% and 18% in home prices over the next 12 months.
Due to the economic impact of the COVID-19 pandemic, California is now expecting to see a decline in cannabis sales in the fiscal year that begins on July 1 -- and therefore, a drop in its tax revenue from those sales.
Telsa Inc Chief Executive Elon Musk on Thursday called for Amazon.com Inc to be broken up, after an author complained on social media about being unable to self-publish a book via the world's largest online retailer.
Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Friday that Abu Dhabi state fund Mubadala Investment Co will buy a 1.85% stake in its digital unit, Jio Platforms, for 90.93 billion rupees ($1.21 billion).
The Pittsburgh Penguins, who would be part of the approved NHL playoff format should the season resume, said on Thursday one of their players tested positive for COVID-19 but has recovered.
A consortium of private equity firms KKR & Co Inc and Ampersand Capital Partners has approached Oxford Immunotec Global Plc, a medical diagnostics company that develops tests to identify tuberculosis, with a $400 million acquisition offer, people familiar with the matter said on Thursday.
Quhuo, which provides workforce operations solutions for consumer service platforms in China, filed on Thursday with the SEC to raise up to $35 million in an initial public offering.
Quhuo was China's largest workforce operational solution platform by average monthly active worke
New Zealand once boasted one of the world's highest-yielding currencies, making it a favourite for investors chasing income - now, growing prospects of negative interest rates at home have lumped the kiwi with Japan's safe and boring yen.
Infrastructure group Stobart said on Thursday it would exit its rail and civil engineering business this fiscal year under a plan to offset a hit from the coronavirus crisis as it posted a steep annual loss due to higher costs.
What happened
Shares of Qutoutiao (NASDAQ: QTT) initially jumped this morning, gaining as much as 14% in early trading, after the company reported first-quarter earnings. The stock has since given up those gains and is down 1% as of 1:30 p.m. EDT.
American teenage tennis prodigy Coco Gauff appeared at a protest in her hometown of Delray Beach, Florida, on Wednesday, calling for racial and social justice after the death of George Floyd, an unarmed black man killed in police custody in the U.S.
The NBA's Board of Governors on Thursday have approved a plan to restart its suspended season in late July at Disney World in Florida amid the COVID-19 pandemic, according to multiple reports.
While Beyond Meat (NASDAQ: BYND) has been making big gains lately, including a 29% stock market rise in May and a June rollout of its plant-based burgers in China, rival Impossible Foods is taking steps to catch up. Among these is its recent introduction of direct-to-customer
What happened
Shares of regional casino operator Penn National Gaming (NASDAQ: PENN) were higher by roughly 14% at 2 p.m. EDT today. You don't have to think too deeply here: Las Vegas has reopened for business. But the excitement around Penn National is a little different than y
London's world-famous Abbey Road Studios reopened on Thursday after closing its doors during the coronavirus lockdown for the first time in its 90-year history.
The prize money for this month's Royal Ascot, which will be run without spectators from June 16-20, has been more than halved due to the COVID-19 pandemic.