Aphria (NASDAQ: APHA) and Sundial Growers (NASDAQ: SNDL) rank as two of the most talked-about cannabis stocks around right now. They're also two of the hottest cannabis stocks. Aphria's shares have jumped more than 160% year to date while Sundial stock has soared more than 170%.
Brielle Biermann’s friend Ethan McCallister died on Saturday, April 3
Julius Randle scored 32 points against his former team and the New York Knicks clamped down defensively on Zion Williamson for a 116-106 victory over the New Orleans Pelicans on Wednesday night. Alec Burks scored New York's first 11 points of the fourth quarter, added a crushing 3 and finished with 21 points for the Knicks, who've won four straight for the first time this season. Williamson, who came in having scored at least 30 points in three straight, mustered 25 points against a Knicks defense that packed the paint to stop him.
David Peterson matched a career high with 10 strikeouts in six dominant innings and batterymate James McCann hit his first home run with the Mets, sending New York past the Philadelphia Phillies 5-1 on Wednesday night for its third straight win. McCann had three hits, including a two-run homer in the eighth. Brandon Nimmo and Dominic Smith also got three hits apiece, and Francisco Lindor scored twice.
Hail showered down on Orem, Utah, on April 14 as a “significant weather advisory” was in place for the area.The National Weather Service warned of half-inch sized hail and strong thunderstorms for counties in western Utah, including the Orem area.This video posted by Austin Gunn shows the hail blanketing the ground during the storm. “Holy cow man,” a voice can be heard saying in the video. Credit: Austin Gunn via Storyful
The founder is the second high-profile Virgin Galactic investor to sell shares of the company in recent weeks.
US President Joe Biden and German Chancellor Angela Merkel have agreed to call on Russia to reduce its troops on the border with Ukraine, Merkel’s office said Wednesday. During a phone conversation Wednesday, the two leaders both agreed that scaling down Russian troops there would help bring “a de-escalation” of tension in the region, the statement said.In its readout of the call, the White House said “the leaders expressed concern about the build-up of Russian troops on Ukraine’s borders and in occupied Crimea, and reaffirmed their support for Ukraine’s sovereignty and territorial integrity.”Earlier Wednesday, German Foreign Minister Annegret Kramp-Karrenbauer accused Russia of trying to increase tension along the border in the region.“My impression is that the Russian side is trying everything to provoke a reaction, she told ARD public television.“Together with Ukraine, we won’t be drawn into this game,” she added.The growing Russian presence along the Ukrainian border has caused concern in the West in recent days.Washington says Russian troop levels there are at their highest since 2014, when war first broke out in eastern Ukraine with Moscow-backed separatists.But Russia has insisted that it sent troops to its western borders for combat drills because of “threats” from the transatlantic alliance NATO.On Tuesday, Biden proposed a summit with Russian President Vladimir Putin, an offer that Russia is still considering.Ukrainian Foreign Minister Dmytro Kulebawas meeting in Brussels with top officials of NATO nations including Secretary of State Antony Blinken and the transatlantic alliance’s chief, Jens Stoltenberg.Earlier in April, Ukrainian President Volodymyr Zelensky urged NATO to speed up his country’s membership into the alliance, saying it was the only way to end fighting with pro-Russia separatists.(AFP)
Yahoo Finance's Pras Subramanian spoke to Lamborghini President & CEO Stephan Winkelmann on the Italian automaker's suprisingly good 2020, strong start to 2021, and how the brand needs to adapt for the future ahead.
Democrats plan to unveil legislation to expand the US supreme court by four seats. Proposal, aimed at breaking up a conservative majority on the court, is predicted to draw opposition from Republicans
NSW Aboriginal deaths in custody inquiry recommends end to ‘police investigating police’ The cross-party committee also recommended ‘obscene language’ no longer be grounds for arrest Leetona Dungay, whose son David died in custody in 2015, outside NSW Parliament House last year. Photograph: Lisa Maree Williams/Getty Images
Ford Motor Co on Wednesday outlined another series of plant shutdowns due to the global semiconductor chip shortage, with five facilities in the United States and one in Turkey affected. The No. 2 U.S. automaker did not outline how many vehicles would be lost in the latest actions, and reiterated it intends to provide an update on the financial impact of the chip shortage with its quarterly earnings on April 28, suggesting the hit could be bigger than initially forecast. Ford said in March it expected the semiconductor shortage to cost between $1 billion and $2.5 billion.
Mikko Rantanen and J.T. Compher each had a goal and an assist and the Colorado Avalanche won their fourth straight with a 4-3 victory over the St. Louis Blues on Wednesday night. Pierre-Edouard Bellemare and Brandon Saad also scored, and Liam O’Brien had a pair of assists for Colorado, which improved to 17-1-2 since March 10, setting a mark for the best 20-game stretch in franchise history. Devan Dubnyk made 31 saves in his Avalanche debut after being acquired from San Jose on Saturday.
Nate Lowe hit a solo homer and Texas rookie Kohei Arihara got his first major league victory, pitching into the sixth inning Wednesday night as the Rangers beat the Tampa Bay Rays 5-1. Arihara (1-1) allowed two singles and a double over 5 2/3 scoreless innings in his third start since signing with the Rangers after six seasons with the Hokkaido Nippon-Ham Fighters of Japan's Pacific League. Lowe, a former Rays draft pick traded from Tampa Bay to Texas in December, went deep against ex-teammate Josh Fleming (0-1) for a 1-0 lead the Rangers clung to until David Dahl’s two-run double and Adolis García’s two-run triple broke it open in the seventh.
Gregory Polanco homered and the Pittsburgh Pirates defeated the San Diego Padres 5-1 on Wednesday night, beating Joe Musgrove in his first start since throwing the first no-hitter in franchise history. Polanco hit a solo shot into the right-field stands in the second inning. Musgrove (2-1) allowed only one run in four innings but was lifted for a pinch-hitter after his pitch count reached to 81.
Japan Investment Corp (JIC) and Norinchukin Bank are considering buying Toshiba Corp, the Nikkan Kogyo Shimbun reported on Thursday, a Japan-led bid which may be more palatable to regulators and management than rival offers by foreign funds. Private equity fund CVC Capital Partners, which has already made a preliminary offer for Toshiba, may join the bid to take the conglomerate private, but the Japanese funds would lead the offer, the newspaper said. JIC declined to comment when contacted by Reuters, whereas Norinchukin officials were not immediately available.
Cussion had held the CEO's position from July 2016. Zhu has previously served as the vice president of Chinese technology giant Tencent Holdings Ltd, which controls Tencent Music. The Chinese music streaming platform said Tong Tao Sang, the company's current chairman, will resign from his position.
Japan's economy was picking up but any recovery was likely to be modest due to lingering caution over the coronavirus pandemic, Bank of Japan Governor Haruhiko Kuroda warned on Thursday. Kuroda said Japan's economy was likely to improve thanks to a rebound in global demand and the boost from the government's massive fiscal spending. "But the pace of the recovery will be modest as caution over the pandemic remains," he said in a speech to a quarterly meeting of the BOJ's regional branch managers.
Oil prices were lower on Thursday though holding near one-month highs after futures jumped in the previous as the International Energy Agency (IEA) and others upgraded forecasts for oil demand as major economies recover from the pandemic. Brent crude was down by 21 cents, or 0.3%, at $66.37 a barrel by 0129 GMT, after gaining 4.6% on Wednesday and closing at the highest since March 17. U.S. crude inventories were down by 5.9 million barrels last week, the Energy Information Administration (EIA) said on Wednesday, more than double analysts' expectations for a 2.9 million-barrel decline.
OG Anunoby scored 22 points, Pascal Siakam had 20 points and 11 rebounds and the short-handed Toronto Raptors beat the San Antonio Spurs 117-112 on Wednesday night. Raptors rookie Malachi Flynn had a big fourth quarter, scoring eight of his 16 points in the period and finishing with seven assists. Derrick White led San Antonio with 25 points, and Patty Mills added 23.
(Bloomberg) -- Australia’s unemployment rate fell further in March -- even as labor force participation surged to a record -- as strengthening sentiment combined with record low interest rates accelerate the economy’s recovery.The jobless rate dropped to 5.6% from 5.8% in February versus economists’ median estimate of 5.7%, data from the statistics bureau showed Thursday in Sydney. Employment soared by 70,700 in March, double the expected 35,000 gain. The participation rate climbed to 66.3%, also exceeding economists forecast of 66.1%, and the highest on data going back to 1978.“Employment and hours worked in March 2021 were both higher than March 2020, up by 0.6% and 1.2%,” Bjorn Jarvis, head of labor statistics at the ABS, said in a statement. “The proportion of women employed was the highest it’s ever been.”The Australian dollar jumped on the released before trading at 77.22 U.S. cents at 12:17 p.m. in Sydney.The economy is booming Down Under with sentiment surging as cashed-up households are encouraged to spend and firms consider investing. That’s prompted increased hiring and Australians to resume job-hunting, swelling the labor force and further strengthening the economic outlook.The Reserve Bank of Australia in February doubled its quantitative easing program to A$200 billion ($155 billion) and reiterated that it doesn’t expect to increase interest rates until 2024 at the earliest. Governor Philip Lowe, in a speech last month, said the economy could probably manage unemployment in the low 4s, or potentially even the 3s, before stoking inflation.“Across the states, Western Australia and Queensland led the increase in employment, with both states now operating well above their pre-Covid levels,” said Sarah Hunter, chief economist for BIS Oxford Economics. “The recovery in mining investment and in Queensland’s case an increase in interstate migration have resulted in their economies out-performing.”Among other details in today’s jobs report:Monthly hours worked increased by 2.2%Under-employment decreased by 0.6 percentage point to 7.9%, the lowest level in seven years, and under-utilization dropped by 0.8 percentage point to 13.5%Full-time jobs fell by 20,800 and part-time roles soared by 91,500Western Australia state’s recovery from a lockdown in the first week of February was reflected in a 2.4% increase in employment, and a 9.2% increase in hours workedWestern Australia, which shut its borders from the rest of the country for an extended period during 2020, recorded an unemployment rate of just 4.8% -- the lowest in Australia. This was despite the participation rate surging to 68.4%, more than 2 percentage points above the national level.The central bank’s February forecasts show the jobless rate falling to around 6% by the end of this year -- a level already bested -- and 5.5% at the end of 2022. Under an optimistic scenario for unemployment, the rate would drop to 4.75% by the end of next year. The RBA is due to release updated forecasts next month.The March 28 expiry of the government’s wage-subsidy JobKeeper program, designed to keep workers attached to their employers, could disrupt the labor market’s stellar run. Treasury estimated the program’s conclusion could see up to 150,000 jobs lost.The ABS said today that the labor force data was collected during the first half of March, prior to the end of JobKeeper.Meantime, sentiment reports this week showed an index of business conditions soared to a record high -- with hiring intentions strong -- and consumer confidence jumped to the highest since 2010. That suggests little concern from households and companies about JobKeeper’s end.Sally Sinclair, head of National Employment Services Association that helps the jobless into work, worries that the end of the wage subsidy will compound existing problems. “Underemployed workers often live pay check to pay check and frequently have little, if any, reserves,” she said in an interview with Bloomberg News this week. “These workers, many from hard-hit sectors such as tourism, retail and hospitality were among the 361,000 Australians who rushed to access their superannuation during Covid-19.”The RBA, late last year, cut the key interest rate and three-year yield target to 0.10% to lower borrowing costs across the economy. It also initiated QE to keep a lid on the currency, which has soared nearly 35% from its March 2020 nadir.The government also announced tax cuts, incentives for firms to invest and hire and infrastructure projects to boost activity.(Updates with comment from economist in seventh paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
(Bloomberg) -- Tencent Holdings Ltd. and Alibaba’s supermarket arm joined their fellow Chinese tech giants in vowing to eradicate monopolistic practices, as the country’s largest corporations rush to publicly align themselves with Beijing.The WeChat operator, Alibaba’s Freshippo and ride-hailing giant Didi Chuxing were among 11 Chinese tech giants that issued pledges Thursday to obey antitrust laws, two days after Beijing gave companies a month to conduct internal reviews and comply with government guidelines. Twenty-three companies have now issued vaguely worded statements promising everything from consumer rights protection to loosening controls over their platform, stopping short of outlining specific actions.China’s government, worried about the growing influence of internet giants like Jack Ma’s Alibaba Group Holding Ltd., has in the span of a few months brought its giant technology sector to heel. Beijing regulators torpedoed Ant’s $35 billion initial public offering one month after Ma infamously attacked officials for being behind the times, launched an anti-monopoly probe into Alibaba in December, then finalized by March new rules intended to curb monopolistic practices across its entire internet landscape.In landmark announcements over the past week, it slapped a record $2.8 billion fine on Alibaba for abusing its market dominance, then ordered an overhaul of Ant Group Co. On Tuesday, regulators summoned 34 of the country’s largest companies from Tencent to TikTok owner ByteDance Ltd., warning them “the red line of laws cannot be touched.”More of China’s largest companies are expected to issue pledges Friday. It remains unclear whether the watchdog or other agencies might demand further action: top financial regulators now see Tencent as the next target for increased supervision, Bloomberg News has reported. And the central bank is said to be leading discussions around establishing a joint venture with local technology giants to oversee the lucrative data they collect from hundreds of millions of consumers, which would be a significant escalation in regulators’ attempts to tighten their grip over the country’s internet sector.In its statement on Thursday, Tencent promised to refrain from anti-competitive practices including exclusive arrangements. Bilibili Inc., Kuaishou Technology and Trip.com Group Ltd., which is set to debut next week in Hong Kong, were among 10 other firms that issued brief statements Thursday.Read more: Jack Ma’s Double-Whammy Marks End of China Tech’s Golden Age For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
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