All eyes are on the sideshow at GameStop once again today. It hit $365 overnight before falling back to $236, which is still much higher than yesterday's close at $147. The other meme stock that's running today is theatre-operator AMC, whose shares are up 400% in the premarket at $20.48...
Bill Gates may no longer be the world’s richest man, but he can claim a new title: America’s farmland king. The billionaire Microsoft co-founder has become the largest owner of farmland in the United States by quietly buying up massive plots across the county, a new report says. Gates’ portfolio comprises...
After more than half a century, General Motors has changed its company logo to usher in a new era of electric vehicles. Gone is the gradient-blue solid square with the underlined capitalized “GM,” and in its place is a square with rounded corners and lowercase “gm” with just the...
Elon Musk just became the richest person in the world, with a net worth of more than $185 billion. Thursday’s increase in Tesla’s share price pushed Musk past Jeff Bezos, who had been the richest person since 2017 and is currently worth about $184 billion. Musk’s wealth surge over the...
DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announces that it is implementing a restructuring plan under the Companies’ Creditors Arrangement Act (Canada) (the “CCAA”) in order to accelerate its transition to an online retailer and wholesaler of high-quality tea and accessories. The...
The Canadian Security Intelligence Service warned that the arrest of Huawei Technologies Co.’s chief financial officer in Vancouver on a U.S. extradition request would have global political ramifications, according to new documents that reveal the spy agency’s involvement in the case for the first time. In a redacted Dec. 1,...
The rumours are true: FCA (Fiat Chrysler Automobiles) is merging with PSA, the European maker of Peugeot, Citroen, Opel and Vauxhall vehicles, both corporations confirmed in a press release October 31. According to The Detroit Free Press, the two companies struck a deal that will see a 50-50 joint shareholder-owned...
A new economic system is needed to tackle rampant inequality, says a new Oxfam report.. The gap between rich and poor is fracturing society, poisoning politics and fueling public anger, according to a new report from anti-poverty nonprofit Oxfam, which found that last year just 26 people owned the same...
Mastercard is changing its logo. The interlocking red and yellow circles are here to stay, but Mastercard’s rebrand is missing something big: its name. Raja Rajamannar, the company’s chief marketing and communications officer, told the Wall Street Journal that Mastercard conducted nearly two years of research to make sure people...
US stock futures fell and Asian shares stumbled on Thursday after a rare revenue warning from Apple added to worries about slowing global growth and weaker earnings and jolted currency markets. European markets were expected to follow, with bookmakers predicting London's FTSE and Frankfurt's DAX would open 0.4pc lower and...