Even before the coronavirus pandemic, most cannabis companies were struggling to get a grip on their financial situations. Whether the issue was continued losses, increasing inventory buildups, or substantial goodwill write-downs, few companies were thriving going into this pand
(RTTNews) - United Airlines would offer free, round-trip flights for medical volunteers traveling to California to help in the frontline fight against the COVID-19 crisis.
There's one very significant difference between the marijuana industry in Canada and the U.S.: legality. In Canada, recreational pot's been legal nationwide since Oct. 17, 2018. In the U.S., only 11 states (and the District of Columbia) have permitted recreational cannabis use
Money mistakes can take a long time to recover from, which is unfortunate because they're easy to make. I know this from personal experience because when I was going to school, I made a serious money mistake: I borrowed way too much money.
Vertex Pharmaceuticals (NASDAQ: VRTX), a leader in the treatment of cystic fibrosis, has expanded its annual revenue over the past five years, and its latest approved drug likely will help it keep that trend going. In October, the U.S. Food and Drug Administration (FDA) gave t
AnaptysBio (NASDAQ: ANAB) checks many boxes that make it an attractive biotech investment: It's got a sizable cash position, reputable pharma partners, and a promising drug pipeline. Throw in a depressed stock price and the company looks even more appealing. Is now the time for
Having a good credit score is important. Not only can a high score increase your chances of getting a loan, but it'll help you snag the most favorable rates out there. Good credit could also be your ticket to getting approved to rent a home. And in some cases, it could help you
Hartford Financial Services Group (NYSE: HIG), better known as The Hartford, had a good year in 2019, returning a market-beating 36.7% -- but 2020 has been a much stiffer challenge. The coronavirus pandemic and the Federal Reserve's move to cut interest rates to the 0% to 0.25%
For investors, the past seven weeks have been unmatched in terms of volatility. Uncertainties surrounding the spread of the coronavirus disease 2019 (COVID-19), as well as the stringent mitigation measures enacted by most U.S. states, have pushed equities into bear market territ
(RTTNews) - SAP SE (SAP) announced the extension of the contract of its Chief Financial Officer Luka Mucic for another five years until the end of March 2026, from currently end of March 2021.
Chemical company INEOS, which sponsors the Tour de France-winning cycling team, is starting to deliver hand sanitisers to NHS hospitals as part of its efforts to help Britain contain the coronavirus outbreak.
Russian diamond producer Alrosa on Friday reported a 60% fall in March sales versus a year earlier citing the spread of the coronavirus for the fall in demand.
(RTTNews) - Renault SA (RNSDY.PK) announced the cancellation of the dividend for the 2019 financial year, in response to situation linked to the coronavirus pandemic.
Orsted, the world's largest offshore wind farm developer, is concerned the coronavirus may delay auctions for offshore projects as it prepares to enter the market, the head of its Asia-Pacific unit said.
Turkey's unemployment rate ticked up to 13.8% in the December-February period https://reut.rs/2VhvcgL from 13.7% a month earlier, data showed on Friday, suggesting joblessness will remain high as the coronavirus outbreak delivers a shock beginning in March.
New bank lending in China climbed to 2.85 trillion yuan ($405 billion) in March, with total social financing hitting a record, as the central bank pumped in more liquidity and cut funding costs to support the coronavirus-ravaged economy.
(RTTNews) - Sanofi (SNY) announced that it has committed to donating 100 million doses of hydroxychloroquine to 50 countries around the world in response to the global health emergency caused by COVID-19.
(RTTNews) - Asian stocks ended on a mixed note on Friday in light trading as many markets in the region were closed for the Good Friday holiday. Lingering worries about the impact of the coronavirus pandemic weighed on sentiment.
Thailand's Siam Commercial Bank Pcl (SCB) is looking to issue loans up to 7 billion baht ($214 million) over the next five years in Myanmar after receiving a preliminary approval to set up a subsidiary there, it said on Friday.