OrganiGram purchasing Motif Labs to become Canada’s largest cannabis company by market share, as others retreat
OrganiGram to pay up to C$100 million ($70.7 million) for vape and prerolled cannabis specialist Motif. Source link...
MARKET
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping. Source link...
Traders are loading up on protection against extreme moves as stocks zoom higher
Investors are buying up crash protection for their portfolios even as a sizzling postelection rally shows few signs of slowing down. Source link...
Consumer spending climbs ahead of holidays. Households far from tapped out.
Consumer spending rose at a healthy pace in October and fueled a U.S. economic expansion that shows no sign of slowing in the waning months of 2024. Source link...
More retailers squeeze in earnings reports before Black Friday with holidays and tariffs in focus
With Black Friday and the holiday shopping sprint just days away, quarterly results from retailers like Macy’s Inc. and Nordstrom Inc. this week will help set the tone for the rest of the season, as inflation-squeezed shoppers continue to zero...
Trump’s choice of TV’s ‘Dr. Oz’ to oversee Medicare and Medicaid could be ‘devastating’ for millions of Americans
The selection of television personality Dr. Mehmet Oz to run the Centers for Medicare and Medicaid Services could bring on budget cuts, the privatization of Medicare and reduced benefits for the nation’s most vulnerable citizens, public-health and government experts say. ...
M&A should get a boost from Trump’s election — but most deals are doomed to fail
CEOs face pressure to do ‘something big’ but more often do something wrong. Source link...
Good news for the economy is looking like bad news for stocks
The “growth scares” that helped spark steep but short-lived losses for stocks in early August and again in early September are looking like distant memories. Source link...
Trump’s win sparked stocks for this surprising reason — and it’s fueling the market rally
Investors hate uncertainty; the U.S. election result was quick and orderly. Source link...
Can RFK Jr. really ‘run wild’ on healthcare? Investors shouldn’t panic yet.
Vaccine skeptic Kennedy “will not have carte blanche” to do anything he wants, analyst says. Source link...
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