Shares of Canadian marijuana grower HEXO (NYSE: HEXO) plunged by 7% on June 14 after the release of subpar earnings for third-quarter 2021 (ended April 30). As the soon-to-be largest marijuana producer in Canada and its top producer of cannabis-infused drinks, investors had pretty high expectations for the company. Instead, HEXO's revenue growth stalled, its losses continued, and its debt ballooned.
This marks the second time a Republican assemblyman has tried to increase prison time for people convicted of domestic violence.
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
Home secretary James Cleverly hit out at ‘distasteful’ and ‘lazy’ criticism of policy, but insisted he was not talking about French leader’s remarks
The National Hurricane Center issued the first special tropical outlook of the 2024 hurricane season early Thursday morning.
The quintessential swing state, Pennsylvania has voted for the winner of almost every presidential election over the past 50 years. The only exceptions have been 2000 and 2004 (the Keystone State proved immune to the charms of George W. Bush). Mirroring those trends, it flipped from Barack Obama to Donald Trump in 2016 and from Trump to Joe Biden in 2020. It is expected to be a hotly contested battleground this November.
The U.S. Federal Trade Commission's ban on "noncompete" agreements commonly signed by workers is likely vulnerable to legal challenges, experts said, as some courts have grown increasingly skeptical of federal agencies' power to adopt broad rules. The commission in unveiling the rule on Tuesday said agreements not to join employers' competitors or launch rival businesses suppress workers' wages and stunt their mobility and job opportunities. About 30 million people, or 20% of U.S. workers, have signed noncompetes, the agency said.
General Electric's energy spin-off company, GE Vernova, reported a wider-than-expected first-quarter loss on Thursday, as weakness in its wind segment offset demand for natural-gas related equipment and services. GE Vernova, which became an independent company this month following a three-way split of General Electric, provides services and equipment to the energy sector, operating through three main businesses - power, wind, and electrification. In contrast, the power segment saw higher orders for gas turbines and more demand for gas power services due to outages, leading to a 6% jump in sales.
"The Equalizer," a crime drama starring Queen Latifah, will return for a fifth season on CBS.
BOK Financial Corporation (NASDAQ:BOKF) Q1 2024 Earnings Call Transcript April 24, 2024 BOK Financial Corporation beats earnings expectations. Reported EPS is $1.91, expectations were $1.72. BOKF isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings. Welcome to BOK Financial Corporation’s […]
President Joe Biden is expected to unveil four new workforce hubs on Thursday to gear up the U.S. workers for new manufacturing technology jobs that will become available with its growing semiconductor sector.
Nearly £1bn has been wiped off the value of Canary Wharf offices as the district falls out of favour and big names depart for buzzier parts of London in the wake of the pandemic.
Since Alberta introduced its Emissions Reduction and Energy Development plan last April, the provincial government has made "no meaningful progress" in the development and implementation of the plan, according to an analysis released Friday by the Pembina Institute. The assessment report found that in the last year, the government of Alberta had not begun preliminary stakeholder consultations, which it described as a "key first action in identifying how it will practically reduce emissions acros
Adrian Newey, the man behind Max Verstappen’s current domination of F1, has been at Red Bull since 2006
The world's forum for banking regulators on Thursday tightened up its rulebook to focus better on spotting risks from climate change, the rise of non-banks, and digitalisation of finance. The Basel Committee on Banking Supervision, made up of banking regulators and central bankers from the G2O economies and other countries, last year set out proposals to revise its "core principles" for the first time since 2012. "The revised standard reflects changes to promote operational resilience, reinforce corporate governance and risk management practices, and address new and emerging risks, including the digitalisation of finance and climate-related financial risks," the committee said in a statement.
Parent company Bytedance has denied reports that it is looking for a new buyer
TORONTO — The Writers Guild of Canada says its members have voted to authorize a strike if negotiators can't reach a deal with the Canadian Media Producers Association. The WGC says 96.5 per cent of those who voted were in favour of authorizing a strike, and a record 70.2 per cent of eligible voters cast a ballot. A strike authorization vote doesn't necessarily mean a union will go on strike, it just gives them the option should negotiations break down. The CPMA says it will remain at the bargai
Canada's main stock index tumbled 1% to its lowest in a week amid a broad sell-off as signs of persistent ...
U.S. stocks slumped on Thursday as most megacaps fell after Meta Platforms' quarterly results, while sentiment was shaken amid signs of persistent inflation that dampened hopes of the Federal Reserve easing monetary policy anytime soon. Meanwhile, U.S. economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Fed would not cut interest rates before September.
Pedestrian hit by charter bus in Covington
A gang of voyeurs hid in mixed gender changing rooms at swimming pools to secretly film more than 5,000 young women getting undressed, a court heard.
Yahoo Movies