Cannabis stocks rise as U.S. moves to reclassify pot as less dangerous
Cannabis companies including Cresco Labs, Trulieve and Ayr Wellness post solid gains
FAA clears United Airlines to add new aircraft, routes after safety review
A United Airlines 737 Max 8 Leslie Josephs | CNBC United Airlines said the Federal Aviation Administration has cleared it to add new aircraft and routes months after the regulator stepped up its scrutiny of the carrier following several safety incidents. “Today, we got some good news: after a careful review and discussion about the […]
Under Armour (UAA) earnings Q4 2024
Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted the trend will get worse throughout its current fiscal year. The athletic apparel retailer also saw profits plunge by more than 96% during its fourth fiscal quarter, compared with the year ago […]
U.S. industrial output flat in April
Industrial production was flat in April, the Federal Reserve reported Thursday.
McDonald’s $5 value meal starts June 25, last about a month
A McDonald’s store sign in Austin, Texas, Oct. 30, 2023. Brandon Bell |Getty Images McDonald’s is set to offer a $5 value meal in the U.S., but only for a limited time. The promotion will include four items for $5 — a McChicken or McDouble, four-piece chicken nuggets, fries and a drink — and will […]
GameStop and AMC shares were halted 38 times on Tuesday. This expert has been arguing for decades that halts don’t work.
Charles M.C. Lee, professor emeritus at the Stanford Graduate School of Business, has been questioning the wisdom of trading halts for some time.
Walmart (WMT) Q1 2025 earnings
People walk near the entrance of a Walmart store in Miami, Florida, on May 14, 2024. Joe Raedle | Getty Images Walmart will report earnings on Thursday, as investors look to the nation’s largest retailer to gauge the health of American consumers and the strength of the industry. Here is what Wall Street expects for […]
Warren Buffett’s Berkshire Hathaway reveals Chubb as ‘mystery stock’ purchase
Berkshire Hathaway revealed in a filing that it had accumulated nearly 26 million shares of insurer Chubb Ltd. as of the end of the first quarter.
Biden’s tariffs on Chinese EVs may not deter growing threat
U.S. President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White House on May 14, 2024 in Washington, DC. Win Mcnamee | Getty Images DETROIT — President Joe Biden’s plan to quadruple tariffs on China-made electric vehicles is unlikely to stave off the […]
Netflix to stream NFL games on Christmas Day
Netflix will stream Christmas Day National Football League games for the next three years, in its first true step into live sports. The streaming platform will show two games on Christmas Day this year, followed by at least one matchup in both 2025 and 2026, the league announced Wednesday. The games will continue to be […]
