Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting
BRUSSELS (AP) — The European Union on Thursday stepped up its dispute with China as it took an economic spat over exports from member state Lithuania to the world trade's governing body and accused Beijing of seeking to undermine the 27-nation bloc's single market. EU Trade Commissioner Valdis Dombrovskis insisted the European Union was owed more respect and said Beijing should stop coercing member states with heavy-handed trade tactics like blocking imports based on political grounds. “Our rela
NEW YORK (AP) — The pandemic forced 30-year-old Stephanie Harnen to twice postpone her wedding. When she finally did get married, in June last year, she settled for a Thursday because her venue was fully booked on weekends. That turned out to be just fine with Harnen and her husband, Trevor. Most of their 163 invited guests made it, thanks to pent-up vacation time and flexibility working from home. Plus, she saved at least $10,000, in part by taking advantage of reduced rates at the Middletown,
Outback Goldfields Corp. (the "Company" or "Outback") (TSXV: OZ) is pleased to provide an update on exploration activities at its Yeungroon property, central Victoria, Australia.
(Reuters) -U.S. weapons maker Lockheed Martin Corp reported better-than-expected quarterly profit on Tuesday, helped by a strong performance at its ships and helicopters unit and venture capital gains, and reiterated its sales guidance for 2022. But the company also said it had been informed by the U.S. Federal Trade Commission that its planed purchase of Aerojet Rocketdyne would raise antitrust concerns, leaving Lockheed either to abandon the transaction or fight a federal lawsuit in order to close the deal. The $4.4 billion deal announced in late 2020 is Lockheed's first large acquisition under new Chief Executive Jim Taiclet.
Vaccine mandates for truckers have raised transportation costs — but haven't impacted the shipment of goods to stores, the head of one of Canada's largest grocery chains says. Instead, Metro president and CEO Eric La Flèche said Tuesday the biggest impact on Canada's food industry supply chain has been worker absenteeism due to COVID-19 protocols. The labour shortage caused by quarantined workers has impacted the entire supply chain — including retail stores, distribution centres and suppliers a
GENEVA (AP) — Pablo, meet Crypto. Heirs of Pablo Picasso, the famed 20th-century Spanish artist, are vaulting into 21st-century commerce by selling 1,010 digital art pieces of one of his ceramic works that has never before been seen publicly — riding a fad for “crypto” assets that have taken the art and financial worlds by storm. For an exclusive interview before the formal launch this week, Picasso's granddaughter, Marina Picasso, and her son Florian Picasso opened up their apartment — which is
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
Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that it has entered into an agreement with Eight Capital and Raymond James Ltd., as lead underwriters and joint bookrunners on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis,
CHARLESTON, W.Va. (AP) — Workers at a West Virginia franchise of a regional fast-food restaurant on Tuesday rejected efforts to form a union that would have been the first its kind in West Virginia. The effort was part of a larger national trend of organizing among retail and food service workers during the COVID-19 pandemic. A group of employees watched National Labor Relations Board officials count votes over Zoom Tuesday at the United Food & Commercial Workers Local 400 office in Charleston.
NEW YORK (AP) — The epic football playoff game between Buffalo and Kansas City reached nearly 43 million television viewers on Sunday, the most for any event since last year's Super Bowl as the NFL struck gold with its rousing weekend. The four games averaged 38.2 TV and digital viewers, up 20% over last year and the best ever for the league's divisional round of playoffs, the Nielsen company said on Tuesday. Each game saw a tie broken on the last play, meaning the audience swelled toward the en
The CFIB issued a press release on Wednesday, saying small businesses are being driven "to the brink" by supply shortages and price increases.
HSBC's Mexico unit is analyzing the purchase of Citigroup's retail operations in the country, known as Citibanamex, HSBC Mexico's chief executive officer and president said on Tuesday. "We're still looking at the opportunity, if there's a real strategy for the bank," HSBC Mexico's Jorge Arce said in a conference call first reported by Mexican newspaper El Financiero. An HSBC spokesperson confirmed his comments to Reuters.
Here's why Bitcoin prices may remain under pressure in the near term. The post 2 Important Ratios That Could Help You Analyze Bitcoin Prices appeared first on The Motley Fool Canada.
High valuations and one of the strongest recoveries from a bear market in history have left equities vulnerable to a correction but the recent fall is not indicative that markets have reached "danger zone" levels yet, Goldman Sachs said in a note. "While it has not reached danger zone levels that typically precede a bear market (a fall of at least 20%), it has reached levels which have typically been consistent with corrections and relatively low returns over the next one and five years," the U.S. investment bank said on Wednesday. Goldman Sachs said markets are in a correction phase within a bull market cycle and current levels signify relatively low returns over the next one to five years.
SILVER SPRING, Md. (AP) — Sales of new single family homes in December rose to their highest level in 10 months as buyers snapped up cheaper homes in anticipation of higher interest rates. The increase put the seasonally adjusted annual sales pace to 811,000 for the month, according to the Commerce Department, an 11.9% increase over November's figure, which was revised down to 725,000 from 744,000. The median price of a new home, the point where half the homes sold for more and half for less, fe
(Reuters) -Swiss drug contract manufacturer Lonza said core earnings gained 20.7% in 2021, shored up by demand for the substances it supplies for new mRNA COVID-19 vaccines. Full-year core earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 1.67 billion Swiss francs ($1.82 billion), up from 1.38 billion a year earlier, it said in a statement on Wednesday. For this year, Lonza predicted "low to mid-teens" sales growth, when excluding currency swings, as well as core EBITDA margin improvement from 30.8% in 2021.
(Reuters) -Abbott Laboratories on Wednesday beat quarterly profit and sales estimates, aided by robust sales of COVID-19 test kits and strong demand for its diagnostics products, but forecast lower-than-expected COVID-19 testing sales in 2022 due to uncertainties around the future of the pandemic. Abbott said it expects $2.5 billion in sales of COVID-19 test kits in the early part of this year. The company will update its test kit estimates on a quarterly basis.
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.
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.
SAN FRANCISCO (Reuters) -Tesla Inc on Wednesday forecast vehicle deliveries would comfortably grow by more than 50% year-over-year in 2022 despite persistent supply chain issues that it expects to be alleviated only next year. The upbeat outlook from CEO Elon Musk came after the world's most valuable automaker posted record quarterly revenue that beat Wall Street expectations. But the cautious note about supply chain woes showed that even Tesla cannot avoid the shortages that were pitfalls for many larger automakers last year.