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GENEVA (AP) — The World Health Organization's director-general on Monday warned that conditions remain ideal for more coronavirus variants to emerge and it's dangerous to assume omicron is the last one or that “we are in the endgame.” But Tedros Adhanom Ghebreyesus said the acute phase of the pandemic could still end this year if some key targets are met. Tedros laid out an array of achievements and concerns in global health over issues like reducing tobacco use, fighting resistance to anti-micr
WASHINGTON (AP) — Federal regulators are suing to block Lockheed Martin Corp.'s $4.4 billion bid for Aerojet Rocketdyne Holdings, saying it would limit competition and drive up prices for components used in missiles that Lockheed and other defense contractors build for the Pentagon. The Federal Trade Commission said Tuesday that Aerojet is the last independent U.S. supplier of some key missile parts, and the acquisition would let Lockheed cut off supply to rival. Lockheed said it was reviewing t
The Canadian dollar edged higher against the greenback on Tuesday as some of the recent disquiet in financial markets eased a notch and investors prepared for a potential interest rate hike by the Bank of Canada. The loonie was trading 0.2% higher at 1.2615 to the U.S. dollar, or 79.27 U.S. cents, after trading in a range of 1.2598 to 1.2669. On Monday, it touched its weakest intraday level in more than two weeks at 1.2701 amid equity market turbulence.
Concept Medical Inc., focused on vascular intervention drug delivery devices, shares the latest status of its IMPRESSION (sIroliMus coated balloon angioPlasty versus plain balloon angioplasty in the tREatment of dialySis acceSs dysfunctION) randomized controlled trial (RCT), as it crosses the 50 per cent enrollment mark.
CALGARY — The Calgary Real Estate Board says it expects the city’s housing market activity to moderate this year after record sales were experienced in 2021, but tight conditions will linger. The Alberta board is forecasting the city will see 25,598 sales this year, down from 27,686 last year and 16,149 in 2020. CREB says rising lending rates will cool some demand for housing, but sales will still be strong because many were able to save more money during the COVID-19 pandemic. CREB is predictin
NEW YORK (AP) — Walmart said Tuesday it has taken a stake in agriculture startup Plenty, becoming the first large U.S. retailer to significantly invest in indoor vertical farming as a way to deliver fresher produce to its stores. Vertical farmers tout their high-quality produce that brings higher yields while using less water and land. The method also doesn’t use pesticide, and the produce can be grown year round near the point of distribution, increasing the reliability of supply. Walmart, the
WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Tuesday it voted unanimously to sue to block arms maker Lockheed Martin's proposed $4.4 billion purchase of rocket engine maker Aerojet Rocketdyne Holdings Inc over antitrust concerns. Lockheed CEO Jim Taiclet said the company will review the FTC's planned challenge, adding: "With the filing of the suit, we may elect to defend the lawsuit or terminate the merger agreement." Lockheed is the No. 1 U.S. defense contractor by sales.
Astra Exploration Inc. (TSXV: ASTR) ("Astra" or the "Company" and formerly Momentous Capital Corp.) is pleased to announce that it has closed its qualifying transaction (the "Transaction") and will commence trading on the TSX Venture Exchange (the "TSX-V") on January 26, 2022 under the symbol "ASTR".
The S&P 500's early tumble on Monday put the world's most-followed stock index within reach of confirming its first correction since the 2020 collapse in global markets brought on by the coronavirus pandemic. The S&P 500 slumped as much as 4%, slammed by ongoing worries about rising interest rates and geopolitical fears related to Ukraine.
Wild swings in stocks are testing the resolve of investors employing one of Wall Street’s most popular strategies: buying the dip. The S&P 500 reversed a deep selloff on Monday to finish up 0.3%, after the benchmark index crossed into correction territory, while the Nasdaq flirted with a bear market before also finishing higher, suggesting that dip buyers have not gone extinct despite big declines in stocks in the first weeks of 2022. But while dip buying has rewarded investors in the last two years as stocks doubled from their March 2020 lows, bargain hunters now face uncertainties over how aggressively the Federal Reserve will need to tighten monetary policy this year, a potential war between Russia and Ukraine, and disappointing corporate earnings.
WASHINGTON (AP) — The Biden administration has issued its first clean energy loan guarantee, reviving an Obama-era program that helped launch the country’s first utility-scale wind and solar farms a decade ago but has largely gone dormant in recent years. The Energy Department said it would guarantee up to $1 billion in loans to help a Nebraska company scale up production of “clean” hydrogen to convert natural gas into commercial products used in manufacturing and agriculture. The revived loan p
NEW YORK (AP) — CBS News says it is retooling its streaming service to better incorporate programs and personalities from the television network. The CBS service is debuting a new evening newscast and prime-time lineup on Monday, from a newly-constructed Manhattan-based studio, part of what promises to be an aggressive year of building for news-based products. The hourlong evening newscast, beginning at 7 p.m. Eastern, will feature a rotating cast of anchors and originate from New York, Washingt
(Reuters) -Microsoft Corp on Tuesday forecast revenue for the current quarter broadly ahead of Wall Street targets, driven in part by its Intelligent Cloud unit. The outlook soothed concerns about growth sparked by results for the December quarter, which initially dragged on Microsoft's shares in after-hours trade. Investors were seeking assurances that the enterprise cloud business is still growing strongly and got it from Microsoft.
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, is hosting a statewide grand re-branding celebration spanning all Trulieve-affiliated Pennsylvania retail locations on Saturday, Jan. 29. Trulieve invites registered medical marijuana patients and caregivers to join the celebration at each of its affiliated medical marijuana dispensaries across the state.
Dividend stocks are known to be safe havens during market downturns. Here are three stocks you should consider buying! The post 3 Dividend Stocks That Could Provide Stability to Your Portfolio appeared first on The Motley Fool Canada.
Bragg Gaming Group Inc. (TSX:BRAG) is a gaming stock that has suffered recently, but its long-term prospects are still good. The post This Gaming Stock Fell 12% Yesterday: Should You Buy the Dip? appeared first on The Motley Fool Canada.
U.S. stocks gyrated in afternoon trading to close lower with interest rate sensitive tech stocks weighing most heavily as uncertainties surrounding an increasingly hawkish Federal Reserve and rising geopolitical tensions contributed to the market's churn. Equities ended well off session lows, where the S&P 500 flirted once again with confirming a correction. All three major U.S. stock indexes closed lower.
Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) ("Fortune Bay" or the "Company") is pleased to announce that Phase 2 exploration drilling has commenced on its Goldfields Gold Project, and a ground gravity survey has begun on its Strike Uranium Project. Both Projects are located in northern Saskatchewan, within 25 kilometres of Uranium City where the Company has an established operational base (see Figure 1).
A trucker convoy has left the Regina area and is expected to stop in Winnipeg today before making a final stop in Ottawa later this week. The Regina Police Service estimates about 1,200 trucks went through the city last night. They converged at a truck stop in Balgonie, Sask., after coming from Saskatoon and other western provinces. The convoy was greeted last night by supporters — including Conservative members of Parliament Andrew Scheer and Warren Steinley — and again this morning by others b
ELKVIEW, W.Va. (AP) — While making biscuits and meatloaf at a fast-food restaurant during the coronavirus pandemic, 64-year-old Cynthia Nicholson often thinks back to her husband’s coal mining days in West Virginia. In that job and in his time as a pipefitter, she said, the work was grueling and sometimes dangerous — but there were standards for safety, working conditions and wages, and people felt they were treated fairly. She said that was because he belonged to unions. At Tudor’s Biscuit Worl