Federal Reserve Chairman Jerome Powell said that the Fed is keeping a close eye on the possible fallout and impact of the coronavirus outbreak in China. Powell hasn’t made any claims yet as to what this means either in terms of possible liquidity injections or a rate cut. Let's examine that.
In 2019, Shopify spent $1 billion to build fulfillment centers in the U.S., trying to compete with Amazon by deliver packages in less than 48 hours. This effort was described by Shopify CFO Amy Shapero as “energizing the flywheel.”
Due to the number of companies I have in mind for this one, I’ll dispense with the usual preamble, except to say, gold is looking constructive on the charts (note the accumulation/distribution line), as is the GDX and the GDXJ. All three are holding their ground, and many of the companies I follow in the junior exploration arena are catching a bid, or are trading firmer.
Large Canadian cannabis licensed producer Supreme Cannabis (FIRE.T) told the markets they're laying off around 30% of their staff today, days before their next quarterly financials are released and with the dust still settling after their recent CEO change. To the casual observer, this might appear to be a sign of desperation, that the sky is falling in Kincardine, Ontario, and the owner of the esteemed 7 Acres brand was making some sort of last ditch effort to stave off Armageddon. It ain't that.
Sprint (S.NYSE), T-Mobile (TMUS.Q) gain $41 billion after gullible judge gives thumbs up to mega-merger
Judge Marrero said that opposing states “failed to persuade him that a merger of the No. 3 and 4 carriers would harm consumers”.
“A once-a-day pill that reduces HbA1c and improves time in range with continuous glucose monitoring, without increasing hypoglycemia or any signal for adverse events, is a big win for the future care of type 1 diabetes,” stated clinical researcher Dr. John Buse.
There’s no place like home: 3D Sustainable Developments prints an answer to the global housing crisis
Canada more than doubles the Indian subcontinent in terms of land mass, but its population of 37.59 million is a 2.8% sliver of India’s 1.3 billion – that’s 4 people per square kilometre compared to 420. Interestingly, both India and Canada are in the middle of a serious housing crisis that threatens to break the spine of India’s economic miracle and stab at the heart of Canada’s social stability. Will anyone be able to save us from this fate before it's too late?
AMPD Ventures (AMPD.C), which recently topped up its bank account to bring in more sales folks, announced some sales today, with a news release pointing to a new contract with an artificial intelligence company.
Aurora Cannabis (ACB.T) dumps founding CEO Terry Booth as $1 billion in assets and goodwill to be written off
Alberta-based Aurora Cannabis (ACB.T) took a long trade halt today as it prepared to announce what the online rumour mill had been surmising all day – that the founding CEO of the company, Terry Booth, was out.
The merger of World-Class Extractions Inc. and Quadron Cannatech Corporation in 2019 was a significant milestone, as the combination of capital, experience, and technology has laid the foundation for our plans in 2020 and beyond.
The PATSCAN Multi-Sensor Covert Threat Detection Platform is a layered multi-sensor platform – integrated with A.I Managed security system to detect and combat active threats before they occur.
Nexus (NXS.V) has been in Burkina Faso for years. With a new acquisition announced just yesterday, the company now controls over 750-square kilometers of highly prospective terrain in the prolific gold producing West African nation.