Stories about Money

Dec 10 2018

Altria buys 45% stake in cannabis producer Cronos for $2.4 billion

As part of the agreement, Altria will be able to nominate four members to Cronos Group's board of directors. The stock closed at $17.06, up 22 per cent. climbed 7.3 p...

Dec 07 2018

Oil prices fall as OPEC meeting begins

Saudi Arabia has indicated it wants the Organisation of the Petroleum Exporting Countries ( OPEC ) and its allies to cut output by at least 1.3 million barrels per day, o...

Dec 07 2018

Markets dive after ‘Tariff Man’ threat by Donald Trump

Ben Sasse, a Nebraska Republican and opponent of Trump's tariff policy, criticized the president's tweets on that basis. The stock market will be closed on Wednesday,...

Dec 06 2018

Asian shares fall, dollar slips after US-China tariffs truce

Trump agreed to postpone the raising of tariffs on goods from China worth United States $200 billion from 10 percent to 25 percent, which had been scheduled for January...

Dec 02 2018

Microsoft briefly toppled Apple as the most valuable company in the world

Apple's shares quickly tumbled as many of its suppliers chose to cut their forecasts because of an evident drop in overall smartphone demand. For now though, Microsoft ...

Dec 02 2018

Trump Tried to Sell Argentina Weapons at G20

Protesters have vowed a mass rally later Friday, underlining security concerns after recent football violence forced the relocation of a showpiece final to Spain. Althoug...

Nov 28 2018

More Republicans challenge Trump on defense of Saudi crown prince

According to the source, the Moroccan king decided his country was not ready to host the crown prince "at such a critical juncture", the report said . "The intelligence ...

Nov 28 2018

President doubts cost of climate change

Trump's disdain for the idea of climate change is also born of his broader suspicions of the United States being taken advantage of by other countries. Unless we start ma...

Nov 27 2018

GM to close Oshawa plant, leaving 2800 people out of work

GM claims it does not see a downturn but will Slash Nearly 15,000 Jobs anyway. Trump said Monday that he was unhappy about the Lordstown plant stopping production, an...

Nov 26 2018

North Bay postal workers 'angry' - union official

The government claims it has been forced to act because, with Black Friday and the Christmas holiday season approaching, Canadians need to know they can rely on an effici...

Nov 26 2018

Abstain from romaine: US, Canada warn of E. coli in lettuce

USA authorities have reported 32 cases of E. coli , 13 of which involved a person who was hospitalized. Howard Njoo, Canada's deputy chief public-health officer, says ...

Nov 24 2018

Top 7 Black Friday 2018 Ads To Read on Thanksgiving Day

Stores like Walmart, Walgreen's, Fred's and Dollar General will be open normal hours tomorrow. As always, it's not a bad idea to call ahead to see if a store is open ...

Nov 21 2018

Cryptocurrencies hit hard as Ethereum falls to 16-month low

It seems the trend turned bearish for almost every cryptocurrency, except for USD Coin, QASH and Dai showing minor increase. The upper band and the lower band have both t...

Nov 16 2018

Oil sinks 7% into bear market on oversupply fears

Brent dropped $4.03, or 5.8 per cent, to $66.09 a barrel. Demand for its crude will be about 31.5 million bpd, which is 500,000 bpd less than its forecast two months ag...

Nov 08 2018

Why Marijuana Was A Big Winner From 2018 Midterms (CGC)(CRON)(TLRY)(APHA)

MI voters approved a measure permitting people over age 21 to smoke pot recreationally. MI has become the 10th state to legalize recreational marijuana. The latter is t...

Nov 02 2018

Dow Jones falls 245 due to new China tariff fears

But he also said he had billions of dollars worth of new tariffs ready to be imposed if a deal was not possible. The study notes , "despite the fact that more than 70%...

Oct 29 2018

IBM to acquire open-source software firm Red Hat for $34B

Buying Red Hat to give it management tools across multiple IaaS clouds, and probably an easier route to market for its software delivered as SaaS, therefore means a chanc...

Oct 29 2018

Stocks lose ground on hectic day

Shares fell moderately in Asia on Thursday after another torrent of selling gripped Wall Street overnight, sending the Dow Jones Industrial Average plummeting more than ...

Oct 29 2018

Global Growth In Billionaires Led By China

China's young entrepreneurs are "set to swell the ranks of the world's billionaires for years to come", the report said. In the past year, 44 billionaires were create...

Oct 26 2018

$10,000 winning Mega Millions ticket sold at gas station in Washtenaw County

His niece Bobbie Mickle told NBC10: 'He told them he was on his way to buy a lottery ticket and he was disappointed that he didn't get it. Other states that also suppor...