Seattle Passes Business Tax to Help Homeless – Amazon and Starbucks Unhappy
Seattle Raises Taxes: The Seattle city council has passed a new plan which aims to combat homelessness by increasing business tax on huge firms such as Amazon and Starbucks to fund affordable housing and homeless ... [Read]
Canopy Growth Corp Applies to be World’s First Cannabis Producer on NYSE
Canadian cannabis giant Canopy Growth Corp (TSE:WEED) has applied to become the world’s first cannabis producer to be listed on the New York Stock Exchange. The pot producing firm said today that it expects shares ... [Read]
Maxar Technologies Report Q1 Earnings Amid New Space Economy – Stocks Surge 15%
Space technology firm Maxar Technologies (NYSE:MAXR) has lauded higher-than-expected results in their first quarter 2018 financial report, leading to a stock price surge. Some highlights for the quarter include net earnings of $31 million, with ... [Read]
Boeing And Airbus Face Contract Losses Worth Billions as US Pulls out of Iran Nuclear Deal
US Exits Iran Nuclear Deal: Aerospace and defense manufacturing giants Boeing (NYSE:BA) and Airbus (OTC:EADSY) are set to lose a combined $39 billion in contracts after president Donald Trump announced that the US will pull ... [Read]
Alibaba Buys Daraz to Step Into South Asia Market
Chinese online commerce giant Alibaba Group (NYSE:BABA) has purchased South Asian eCommerce platform Daraz for an undisclosed amount in a move which sees Alibaba expand its global reach. Alibaba Group has acquired the entire share ... [Read]
Nvidia Stocks Surge Ahead of Q1 Earnings and GPP Cancellation
Nvidia stocks (NASDAQ:NVDA) have surged today ahead of the company’s much-anticipated Q1 earnings report. Per-share prices are up 4.14% to $248.95, bringing the firm’s market cap to $151.1 billion USD. The global graphics card giant is ... [Read]
Snapchat Stocks in -21% Nosedive After Posting Poor Q1 Results
Snapchat stocks have plunged today after the firm posted a poor Q1 financial report on Tuesday and a conference call failed to reassure investors. At the time of writing, share prices are down -21.40% to ... [Read]
Match Group, Inc. Stocks Plummet as Facebook Announces Rival Dating App
A new Facebook online dating service has been announced by CEO Mark Zuckerberg, causing the online dating industry to undergo a major shake-up. Rival dating firm Match Group (NASDAQ:MTCH) already dominates the online dating space. ... [Read]
Kim Jong-Un American Investment – Could We See McDonalds in North Korea?
North Korea wants McDonalds! South Korean president Moon Jae-In has claimed that North Korean leader Kim Jong-Un is prepared to welcome US investment. Speaking about what this might mean, President Moon Jae-In said: “They welcome ... [Read]
The Fight for the Australian Cannabis Market – Aurora and Canopy Growth Corp Could go Head to Head
Canopy Growth Corp stocks (TSE:WEED) are continuing an upward surge today after a strong end to last week. Prices have jumped 10.13% to $30.11 CAD in the past 24 hours, bringing the firm’s market cap to ... [Read]