A look at the day ahead in U.S.and global markets from Mike Dolan. A hail of mega corporate updates distracted stock markets from a confusing macro picture – but offers little more clarity with scattergun fortunes and ambiguous readouts for the wider economy. Shares in Walt Disney surged 6% ahead of Thursday’s open after the...Read More
By Ankit Kumar Feb 9 (Reuters) – Canopy Growth Corp said on Thursday it would shed assets in Canada and cut 800 job positions as part of the pot producer’s efforts to reduce costs and turn profitable. Shares of the company, which reported a bigger quarterly loss, plunged 16.6% to C$3. If you have any...Read More
Former Liverpool chairman Sir Martin Broughton has questioned the valuations that the owners of the Reds and Manchester United have placed on their clubs. Broughton believes that the two clubs will struggle to get the asking prices of over £4billion given that they are not in London. The businessman insisted that have property interests in...Read More
Adidas lowered its earnings forecast for the year by $250million to account for losses from over his anti-Semitic remarks – but will still sell his sneakers without Yeezy branding. Adidas owns the design rights for EVdeN EVE NaKliYAt both existing and future colors and versions of the Yeezy line, but not the Yeezy name.When you...Read More
A billionaire property developer has predicted that more New Yorkers will flee to due to high taxes and surging rates in the Big Apple. Stephen Ross, 82, whose net worth is around $12billion, has said that people in the Northeast are looking for warmer climates a lot earlier than retirement. Read More
The husband of mom Ana Walshe appeared in court via Zoom today for a brief status hearing ahead of his murder trial. Brian Walshe is to death, dismembering her body and disposing of it in a dumpster in January. Police have not been able to recover her remains – they say they were taken from...Read More
As concern grows over social media, U.S.lawsuits stack up * Surge in mental health problems worst among girls * Lawyers zone in on algorithm designs, whistleblower leaks * Others see platforms as scapegoat for society’s woes By Avi Asher-Schapiro LOS ANGELES, Feb 8 (Thomson Reuters Foundation) – At about the time her daughter reached the...Read More
A massive collection of coins and bills, EvdEn eve naKLiyAT including a stash that was used in Nazi camps, was confiscated from a couple in Argentina. The bust was made Wednesday when the owner of a vehicle and his wife were approached for a routine inspection after they arrived on a ferry from Colonia, Uruguay,...Read More
When Teagan Richards shared a snap of her $25 Kmart hack to a group she never expected to reach so many grateful parents. The mum-of-three’s youngest son Logan, seven months, was diagnosed with life-threatening disease cystic fibrosis and recently needed to be fed through a feeding tube. She posted a photo of herself using the...Read More
Feb 7 (Reuters) – Spirit Airlines Inc said on Tuesday it expects U.S.antitrust regulators to decide whether to allow the low-cost carrier to proceed with its $3.8 billion merger with JetBlue Airways Corp in the “next 30 days or so.” “We are now waiting to see whether the Department of Justice (DOJ) filed suit to...Read More
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