Dutch cannabis users had something to cheer today when the country re-opened its famous 'coffee shops' just two days after shutting them over coronavirus fears.
Update (1005ET): As we detailed below, Amazon was already struggling to meet delivery goals and having problems with stock, but now, in a blog post, Amazon told sellers on Tuesday that it's suspending shipments of all non-essential products to its wa
As we detailed below, Amazon was already struggling to meet delivery goals and having problems with stock, but now, in a blog post, Amazon told sellers on Tuesday that it's suspending shipments of all non-essential products to its warehouses to deal
For the past 9 years ever since the downgrade of the US government by S&P from AAA to AA+, American energy giant Exxon, which back in 2007 had a market cap of over $500 billion only to see that cut by two thirds to $150BN today (half of where it was
As coronavirus spreads throughout the United States, millions of panicked Americans have been hoarding everything from canned food to absurd amounts of toilet paper.
Steve Smith, who owns the bar with Kid Rock's name on it, as well as The Diner and Tootsie's Orchid Lounge, said he will not follow the rule until a statewide mandate is issued. Smith called the decision "unconstitutional."
Closing time in America: CDC backs an EIGHT-WEEK ban on gatherings of more than 50 to fight coronavirus as New York City, California, Ohio, Illinois and Massachusetts order bars and restaurant to SHUT leaving millions of workers facing hardship
A Vancouver couple has come under fire for buying up literal truck-loads of Lysol disinfecting wipes from a local Costco and reselling them for a significant markup, according to Toronto Star reporter Douglas Quan.
The past week was not only the most painful for US capital markets since the global financial crisis: it was also the week the US service economy finally died (at least until the coronavirus pandemic is finally under control).
Bill Gates is leaving Microsoft's board, the company announced on Friday.
Gates co-founded Microsoft in 1975 with Paul Allen, who died in 2018.
Gates is among Microsoft's top shareholders, owning 1.36% of shares, according to FactSet.
"I have made the decision to step down from both of the public boards on which I serve – Microsoft and Berkshire Hathaway – to dedicate more time to philanthropic priorities including global health and development, education, and my increasing
Shares of Carnival Corp. plunged by more than 20% on Thursday morning after it announced its Princess Cruises Line would halt operations for 60 days amid the Covid-19 outbreak.
Earlier today, we reported that Boeing shocked the investing community when it announced that due to "market turmoil", it would immediately draw down on its full $13.825 revolving credit facility,
We recently found out that Lucid Motors plans to open 9 retail showrooms before the end of 2020. Thanks to our friends over at E For Electric, we now get the chance to see the inside of the very first one.
Amid the broader travel, hotel, aviation, tourism and cruise line carnage, airlines are canceling domestic flights left and right while waiving cancellation fees.
Royal Caribbean Cruises, which has seen its stock take a big drop in the wake of the coronavirus outbreak, says that is has increased its revolving credit capacity by $550 million to bolster its liquidity.
Update (2015ET): Wedbush analyst Daniel Ives called the decline of iPhone sales in China a "doomsday type" like decline. Ives said the fall was an "unprecedented" drop and was "not surprising given the essential lockdown that most of China saw" in
The piling and foundation work of the new phase of the Tesla Shanghai Gigafactory is expected to be completed this month. It appears to be larger than the first phase of the Shanghai Gigafactory which had 150,000 cars per year of capacity. The outer
Last week we highlighted how Americans across the country have begun to panic, heading to their local Costco and other big-box stores in a mad dash to hoard supplies as coronavirus descends on the country.
One SpaceX Starship will cost about $5 million as SpaceX will mass-produce nearly one hundred in 2021. Each Starship and Super Heavy booster will cost less than about $40 million.