Tuesday August 4-th, 2020
Trump says it's up to China to deal with Hong Kong 'riots'
But many say those rights are being curtailed, citing the disappearance into mainland custody of dissident booksellers, the disqualification of prominent politicians and the jailing of pro-democracy protest leaders. This local agency included the Hon...
$-0.04 EPS Expected for CannTrust Holdings Inc. (CTST)
There are 12 rooms in total at the facility. The latest news shows that according to selling and buying activity records, two executives at the firm, former board chair Eric Paul, who also previously served as CEO of the company, and Mark Litwin, a...
USA economy adds 164,000 jobs in July
Wages were 3.2% higher in July than a year ago, a slight increase from the 3.1% yearly gain in June, but below the 3.4% growth peak achieved in February. "The employment report will be a critical element in determining how the third quarter is starti...
Global gold demand up 8 pct in H1
Global gold demand in the first half of 2019 jumped to a three-year high on the back of robust demand by central banks and gold-backed exchange-traded funds (ETFs). This was driven by lower interest rates, political uncertainty and further support c...
IBM is making all its software cloud-native following Red Hat deal
Earlier this month, IBM said second-quarter revenue in its cloud and cognitive software segment rose 3.2% to $5.6 billion, while global business services increased 0.5% to $4.2 billion. IBM is making five Cloud Paks available today: Cloud Pac...
Beyond Meat shares tumble after secondary offer is priced
The company announced that it expects to raise $40 million from the new shares, before the cost of underwriting, commissions, and the offering. The company's revenue was up 214.1% on a year-over-year basis. The firm has a 50-day moving average of $...
Defense secretary to review $10 billion cloud contract before it's awarded
The e-commerce giant and Microsoft have been competing for the contract, known as the Joint Enterprise Defense Infrastructure plan, or JEDI. Esper has previously said he wants to "take a hard look" at the JEDI contract. Federal Claims Court Senior Ju...
Nifty Financial Services index dips; Indiabulls Ventures falls 5%
Both BSE and NSE indices are witnessing their worst July performance in 17 years. The US Fed in its meeting on Wednesday is expected to cut its benchmark interest rate for the first time in a decade. "There has been clear overdose of challenging ne...
Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 10. The ERP5 Rank may assist investors with spotting companies that are undervalued. The stock decreased 2.31% or $0.53 during the last trading s...
Jeff Bezos Sells $1.8-Billion Amazon Shares
The couple finalized their divorce last month, which gave MacKenzie a quarter of the shares the couple had owned together. Bezos also sold a portion of his stake. Inc. chairman and CEO Jeff Bezos sold Amazon shares valued at $1.8 billion over a...
French manufacturing activity contracts in July - PMI
The PMI is a composite index aimed to gauge the health of the country's manufacturing sector . It is calculated as a weighted average of five individual subcomponents. "Firms were led to reduce production levels on the back of only marginal incr...
Dow plunges 300 points as Trump slaps fresh tariffs on Chinese goods
The president has already imposed 25% tariffs on $250 billion in Chinese products, and Beijing has retaliated by taxing $110 billion in US goods. The Dow Jones Industrial Average, which had been up almost 300 points earlier in the day, was down alm...
Air France-KLM orders Airbus A220
Air France has selected the Airbus A220 to update its short-haul fleet, but the A380 won't have a future at the airline as it plans the superjumbo's retirement by 2022. According to the company, "with four engines, the A380 consumes 20-25% mor...
Apple reports 1% increase in fiscal 3Q19 sales
Since late 2018, Apple has taken extensive measures to help lift iPhone demand in China. The "other" segment including wearables, accessories and home products contributed Dollars 5.5 billion in revenue, up 48 percent. Apple CEO Tim Cook attributed t...
Some Loblaw stores don't charge for plastic bags, however. The move will be followed next year in its Safeway, FreshCo and Foodland stores, as well as IGA locations in Montreal. Canadian Prime Minister Justin Trudeau in June announced plans to ban ...
Woman accused of urinating on potatoes in Walmart turns herself in
Authorities put out an alert on July 25 seeking to identify the woman in the photo below. The Walmart officer then watched surveillance footage and notified police of the incident. The Allegheny County DA's office has recommended Brown be charged wit...
French's creates mustard ice cream for National Mustard Day
Pass the mustard ice cream, please. It also will be scooped in NY from ice cream trucks around Rockefeller Center and Columbus Circle on August 1, Brooklyn Bridge and Madison Square Garden on August 2 and in the Hamptons on August 3. Note: The Drum's...
Canada's privacy commissioner investigating Capital One breach
One security company, CyberInt, even adds that the hack may have been wider spread that Capital One - naming Vodafone and Ford amongst the high profile potential victims. Thompson lived in Seattle , and was arrested in a raid on Monday at her home...
Trump ratchets up trade war with new tariffs on Chinese imports
But in a series of tweets, Trump says China failed to live up to those promises, which is why he is putting new tariffs on new products not previously covered by tariffs. Stock markets were alarmed at the announcement, with the Dow Jones Industrial A...
Facebook Could ‘Pull The Plug’ On Libra, New Statement Reveals
The whitepaper for Tardecoin was released in 2018 as a part of the Open Science publication from the Royal Society, authored by all three fellows of MIT. The French government announced a plan to launch a G7 Crypto Task Force that would bring...
Trump's tax threat on French wine is 'completely moronic,' says farming minister
Guillaume's comments came after Mr. Trump last week floated the idea of a tariff in response to French President Emmanuel Macron's proposed tax on the technology companies' revenues in France . France's agriculture minister on Tuesday slammed US Pre...
The Impossible Whopper coming to every Burger King in America next week
For now, the chain says that the burgers will be available only for a limited time; it's unclear whether that's because of Impossible Foods' challenges keeping up with demand or because the restaurant is still running tests of the product's viability...
Beyond Meat competitor Impossible Foods receives FDA approval for ‘bleeding’ plant burger
Impossible Foods' scientists discovered that heme is the "magic ingredient" that makes meat taste like meat, and enables the Impossible Burger to satisfy meat lovers' cravings. Some say tie-ups are crucial for plant-based meat companies to get prod...
SoftBank and ride hailing app Grab investing $2 billion in Indonesia
The investment looks to create a next-generation transportation network for cities. From simple taxi services to now private auto services (GrabCar), motorcycle taxis (GrabBike), last mile delivery (GrabExpress), ride sharing (GrabShare), and food...
Stocks Push Ahead on Rate Cut Expectations
Calling rate cut as a "midcycle adjustment", Chairman Jerome Powell in the news conference said no more rate cuts are on the anvil. On the data front, personal and consumer spending figures will be released at 08:30 a.m. Japan's Nikkei 225 rose 0.4...
The U.S. economy could benefit if the nation were to "lock down really hard" for four to six weeks, a top Federal Reserve official said on Sunday, adding that Congress can well a...
Anyone visiting a participating restaurant, café or pub on Mondays, Tuesdays and Wednesdays throughout August will receive the half-price discount. The scheme, part of the Chance...
Facebook also seemed less concerned about an ongoing boycott of its platforms by large advertisers including Coca-Cola, Starbucks , Ford and Microsoft, who have suspended ads on t...
Back in 2016, Virgin Galactic founder Richard Branson said his company would assist Boom with engineering, design, manufacturing, flight testing and operations - and would take...
The Lordstown deal extends the hot trend of going public via a SPAC in 2020. A bunch of electric vehicle makers including Nikola Corp and Fisker have either gone public or ar...
The oldest United States department store filed for Chapter 11 protection in Richmond, Virginia, on Sunday (Aug 2). Lord & Taylor says it's looking for a buyer. Men's Wearhous...
Kate Middleton, Prince William send birthday greetings to Meghan Markle
The duchess's birthday celebrations follow a whirlwind 12 months that has seen her life transformed from living in the United Kingdom as a working member of the monarchy with Harr...
Electrical Business: Toronto and Peel Region being welcomed into Stage 3
Australia's Victoria declares state of disaster and imposes curfew to contain coronavirus
Gold prices today near record highs, silver surges ₹3,000 in 2 days
Life After CERB: Trudeau Announces Next Steps for Relief Programs
