Shares of Inovio Pharmaceuticals plunged 28.3% on Monday after the biotechnology company announced that the US Food and Drug Administration (FDA) halted the start of the Phase 2/3 trials of its COVID-19 vaccine. The stock dropped another 3.6% in Monday's extended market session. Inovio (INO) said that the US regulatory...
The Canadian dollar was little changed against its U.S. counterpart on Tuesday after the pause of a high profile COVID-19 vaccine trial offset robust Chinese trade data, with the currency holding near an earlier five-week high. Data showing that Chinese exports and imports climbed in September boosted the price of...
Users trying access their stock brokerage accounts as the market opened Wednesday morning were faced with a debilitating technical problem that shut many out of their accounts. Robinhood and TD Ameritrade were among the brokerages that reportedly experienced “technical difficulties” at open. The apps were unresponsive. https://twitter.com/stocktalkweekly/status/1354437354434555908? TD Ameritrade said this was...
Creating an encounter rather than purely presenting vehicles: Mercedes-Benz is pressing forward with its dialogue-based and experiential brand presence at trade fairs. At the IAA MOBILITY from 7 to 12 September 2021 in Munich, the luxury automotive brand is taking advantage of all the opportunities offered by the new format...
The chicken sandwich wars are back! Remember the insanity that was the Popeyes chicken sandwich? Well most fast food chains didn't take the competition lightly and we saw all sorts of chicken sandwiches rolled out, except for McDonald's. And while it took them a little longer to get it together,...
The real estate board representing Canada's largest housing market is predicting the peak may be in the rear view for Toronto after buying activity fell further from record levels in June. There were 11,106 property sales last month across the Greater Toronto Area (GTA), according to data released by the...
Johnson & Johnson has agreed to pay more than $100 million to settle more than 1,000 talc-related lawsuits linked to the company’s baby powder. The world’s largest maker of health care products still faces more than 19,000 suits involving the product, but Monday’s announcement marks the first set of major...
Bitcoin and cryptocurrency traders are looking at a sea of red on exchanges today as major cryptocurrencies dive. The bitcoin price has dropped from over $35,000 per bitcoin last night to under $33,000, currently down almost 10% on the last 24 hours in a continuation of a sell-off that's wiped...
Online discussion forum Reddit went down on Wednesday at the same time as the GameStop trading frenzy returned to Wall Street, with the price of shares in the video game company more than doubling in just a few hours. The stock of GameStop, which has been extremely volatile over the...
The Ontario government is investing just over $1 billion to expand COVID-19 testing across the province, as well as ramp up case and contact management. Premier Doug Ford and Health Minister Christine Elliott made the announcement at Queen’s Park on Thursday afternoon, saying the hefty investment will mean “more testing...