Month: March 2020

The global economic shutdown due to the coronavirus was a potential nightmare for Aurora Cannabis (ACB). The Canadian cannabis company is in the middle of cutting capacity and costs for the new reality in the market while trying to avoid running out of cash. A complete shutdown of cannabis stores would’ve crushed any remaining hope in financial improvements at the business, but the market has seen the opposite effect of the shutdown actually lead to a boost to cannabis sales as consumers stay at home.Booming SalesOn March 17, Canopy Growth (CGC) announced the closure of all 23 of their retail …read more […]

In challenging times, it’s important to protect both your health and wealth.
Today, Alexander Green shares a surefire way to boost your immunity: a healthy diet.

Over the last two decades, I’ve written many columns about how to protect your wealth through asset allocation, diversification, trailing stops, lower investment costs and greater tax efficiency.
Today I want to talk about protecting something far more important: your health.
Data out of Italy and China reveals that older men and women with COVID-19 have far higher mortality rates than younger ones.
For folks over 60, it’s almost 5%. For those over 70, it’s 10%. And for those …read more […]

Yahoo Finance’s Dan Howley joins the On The Move panel to break down the details of Apple’s new COVID-19 app. The tech giant partnered with the CDC and White House to create the app. …read more […]

U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill before Congress is not an airline bailout and that taxpayers will be compensated for relief given to companies hobbled by the global pandemic. At the same time, Mnuchin said in an interview with Fox Business Network that plane-maker Boeing Co has not requested government help. “I’ve been very clear this is not an airline bailout,” Mnuchin said. …read more […]

Just because a business does not make any money, does not mean that the stock will go down. For example, although… …read more […]

(Bloomberg) — The American shale industry shocked the world with its rebound after the 2014-2016 bust, setting records for output that pushed the U.S. to the top spot among oil-producing countries. A handful of experts is saying that will happen again.The comeback trail would be steep and long. The spread of coronavirus is crushing demand while Saudi Arabia and Russia are creating a glut. Everybody agrees U.S. production will take a bigger hit than last time, when it dipped before soaring. As many as 70% of the 6,000 shale drillers may go bankrupt, and one-third of shale-patch workers are expected …read more […]