Chip earnings provide a sigh of relief for tech

2019-01-23

Investors concerned about the big swoon for tech stocks at the end of last year received welcome news Wednesday afternoon. Three large semiconductor companies announced earnings beats after the market closed Wednesday, a welcome respite from the barrage of poor forecasts and plunging stock prices for chip companies in theRead More →

Green Growth makes hostile bid for Aphria official

2019-01-22

U.S.-based cannabis producer Green Growth Brands Inc. made a formal offer to Aphria Inc. shareholders to acquire the company Tuesday, nearly four weeks after the Ohio company originally announced plans for the bid. Green Growth GGBXF, +6.94%  offered Aphria APHA, +5.99% APHA, -4.94%  shareholders 1.5714 shares of Green Growth stockRead More →

Tesla gets green light to sell Model 3 in Europe

2019-01-21

A regulator has given Tesla Inc. the green light to sell its Model 3 cars in Europe, opening up an important new market following recent layoffs to cut costs. On Monday, the Netherlands Vehicles Authority, which has regulatory authority on behalf of the EU, said the Model 3 met requirementsRead More →

European markets drop as SocGen warns on Q4 revenues

2019-01-17

European indexes were in the red on Thursday, as French bank Société Générale SA announced it expected its fourth-quarter capital markets revenues to fall by around 20%. In the U.K., Prime Minister Theresa May has survived a no-confidence vote, freeing her to start cross-party discussions on finding a way forwardRead More →

Why was the U.S. Postal Service at CES?

2019-01-11

As the U.S. government shutdown was about to become the longest on the record and many employees missed their paychecks Friday, U.S. Postal Service workers were roaming around a Las Vegas convention center hocking a smart mailbox. The post office has been exhibiting at CES, the largest annual tech conference,Read More →