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Business News

House Democrats see progress on U.S.-Mexico-Canada trade deal, passage possible this year

U.S. House Democrats said on Thursday they ironed out some differences with the White House over a trade agreement with Canada and Mexico, and Congress could still vote on the deal – one of President Donald Trump’s top priorities – this year.

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Trading Ideas

Ontario considers plan to revamp cannabis distribution process

Cannabis stocks are exploding today on Bloomberg’s report that Ontario officials are considering a plan to replace the slow moving lottery system to open legal dispensaries with a plan that could allow for up to 1,000 additional pot shops. Yahoo Finance’s Zack Guzman, Kristin Myers, and Payne Capital Management’s Courtney Dominguez discuss on YFi PM. …read more […]

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The Secret Behind Our Biggest Investing Legends

As a consumer of financial news, you’ve probably seen stories with headlines like…
Here’s How Much Money You’d Have If You Invested $1,000 in the IPO of [insert hugely successful company name here]
Here’s How Much Money You’d Have If You Invested $1,000 in Apple When Steve Jobs Launched the iPhone
If You Invested in Disney 10 Years Ago, Here’s How Much You’d Have Now
It’s a kind of parlor game. Pretty much every major financial news outlet does some variation on this theme.
It’s like looking at multimillion-dollar homes on Sotheby’s. Some people call this “real estate porn.”
But like the feeling of inadequacy you …read more […]

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Chinese antitrust regulator approves Boeing-Embraer deal

A Chinese antitrust regulator has approved Boeing Co’s deal to buy a controlling stake in the commercial jet division of Brazilian planemaker Embraer , according to a statement on the regulator’s website. The Boeing-Embraer deal appears on a list dated Nov. 19 of transactions “approved unconditionally” that is posted to the website of the Chinese State Administration for Market Regulation’s anti-monopoly department. Boeing, the world’s largest planemaker, has been seeking to finalize its purchase of 80% of Embraer’s commercial jet division in a bid to compete with Europe’s Airbus in the market for planes with fewer …read more […]