Tilray Inc, (NASDAQ: TLRY) “Global Cannabis Player” Interview with CEO Brendan Kennedy Kennedy, discusses the medical cannabis market and expectation that more countries will be legalizing cannabis for recreational use over next 12-24 months.
The utility is the latest energy company to take its master limited partnership private after a government policy change cut into its cash flow. …read more […]
The S&P 500’s three-company telecommunications services index is about to be folded into a much higher-profile group, but a brighter spotlight may not be enough to boost the stocks as investors continue to favor growth sectors.
The Dow and the S&P 500 hit record highs on Thursday, clearing away investors’ immediate concerns over trade at the start of this week and leaving Wall Street free to return to a rally that now dates back a decade.
Luxury British carmaker maker Aston Martin is seeking a price tag of up to 5.1 billion pounds ($6.7 billion) in its stock market debut next month and has geared up for any Brexit outcome, it said on Thursday.
Analysts are starting to worry about DRAM pricing, predicting a rougher 2019. …read more […]
General Electric Co said on Thursday that four of its flagship power turbines in the United States have been shut down due to a problem with turbine blades that was discovered at an electrical power plant … …read more […]
The problem was discovered a few weeks ago on turbine blades in a natural gas-fueled turbine, known as the 7HA, operated by Exelon Corp (EXC.N) in Texas, GE told Reuters. “We expect the same issue will impact other HA units,” GE spokesman Chris Shigas said in an email. If the problem persists GE might need to pay compensation to customers and make costly design changes. …read more […]
Authorities are trying to figure out why a software company employee opened fire inside his Wisconsin office, armed with a pistol and extra ammunition, and seriously wounded several of his colleagues before he was fatally shot by police. Middleton Police Chief Chuck Foulke said the motive behind the Wednesday morning attack at WTS Paradigm wasn’t immediately clear. The name of the suspect hasn’t been released, but police said he worked at the company and lived in nearby Madison. …read more […]
“Competition still remains an issue,” said Neil Saunders, managing director of GlobalData Retail. Initial signs from channel checks and online sales are that Nike is also set to get a boost from a controversial ad campaign, launched earlier this month, featuring former NFL player Colin Kaepernick. …read more […]
Prosecutors are weighing whether to bring charges against Richard Liu after the Minneapolis Police Department turned over the findings of its initial investigation into accusations of rape against the JD.com founder, according to a statement released on Thursday by the Hennepin County Attorney’s Office.
State-owned Emirates and Etihad, two of the Middle East’s top airlines, denied a Bloomberg report on Thursday which quoted unnamed sources as saying Emirates was seeking to take over Etihad to create the world’s largest carrier.
Larry Fink, chief executive of BlackRock , the world’s largest asset manager, on Thursday said the United States is “a big winner” in the trade war with China “in the short-term,” but not necessarily over time.
Morgan Stanley has sued six brokers who left an Illinois branch of the firm last week to join competitor Stifel Nicolaus , alleging that they have been soliciting Morgan Stanley clients in violation of employment agreements.
Carmaker Volkswagen AG rejected on Thursday a report suggesting it had decided against doing business in Iran after coming under pressure from Donald Trump’s ambassador to Germany, saying its position on the country had not changed.
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