Month: July 2020

WAKEFIELD, Mass., July 23, 2020 /CNW/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), the largest vertically integrated cannabis operator in the United States, today announced that it closed its milestone acquisition of GR Companies, Inc. (“Grassroots”), the largest private vertically-integrated multi-state operator in the United States, on July 23, 2020. With completion of the acquisition of Grassroots, Curaleaf is the world’s largest cannabis company by revenue and the most diversified vertically integrated cannabis company in the United States, the world’s largest cannabis market. …read more […]

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Are you wondering how to generate passive income? Look no further! Here at Investment U, we believe in building wealth to live financially free. And passive income can play a large role. So we’ve provided a list of ways you can generate passive income.
How to Generate Passive Income

Many people think passive income means you don’t put any work in. But that’s not entirely true. Passive income often requires some effort upfront. And depending on the investment, it could require continuous work.
Knowing how to generate passive income can be a big game-changer for many people. If you find yourself working full-time …read more […]

(Bloomberg) — Back-to-back bribery scandals involving utility giants in Ohio and Illinois over the last five days have given a black eye to efforts to prop up struggling U.S. nuclear plants.On Tuesday, federal officials arrested the speaker of the Ohio House of Representatives on racketeering charges tied to a bailout of two nuclear plants owned by Energy Harbor Corp., a former FirstEnergy Corp. subsidiary. Four days earlier, Exelon Corp.’s Commonwealth Edison unit agreed to pay $200 million to resolve a lobbying probe in Illinois, where nuclear plants also receive aid.The fallout in Ohio has been swift, with Democratic and Republican …read more […]

As vaccine candidate company Novavax surges 3,161% in 2020, one analyst is sounding the alarm on what he calls a ridiculous amount of speculation. …read more […]

Ascena Retail Group filed for Chapter 11 bankruptcy protection and plans to close all Catherines stores and a significant number of Justice stores. …read more […]

While air travel had picked up over the past two months from pandemic-driven lows in April, demand has started slowing again as coronavirus cases surge across the United States and states re-impose quarantine restrictions. It reported a net loss of $2.07 billion, or $4.82 per share, for the quarter ended June 30, compared with a profit of $662 million, or $1.49 per share, a year earlier. …read more […]

AT&T said sales for the second quarter of 2020 were lower across all of its segments because of the coronavirus pandemic. That included a 22.9% plunge in WarnerMedia revenue, which the telco said was partly due to lower content and ad sales related to COVID-19. WarnerMedia’s Q2 2020 operating revenue was $6.8 billion, down 22.9% […] …read more […]

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made… …read more […]

AT&T touted the “successful” launch of HBO Max — with the new service helping to boost overall HBO and HBO Max customers by 1.7 million over the first six months of 2020. As of June 30, 2020, AT&T’s WarnerMedia reported 36.3 million total U.S. subscribers to HBO Max and HBO, up from 34.6 million at […] …read more […]

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(Bloomberg) — The forces behind the euro’s recent strength suggest this may only be the first stage of a big market shift.The currency’s 3% rally this month to near $1.16 has come on the back of dollar weakness due to narrowing bond-yield differentials and the U.S. struggle to deal with the pandemic, as well as the prospect of increased cohesion in the European Union after its agreement on a recovery fund.These factors remain very much in play. Yet what makes the case for the rally to extend further is that market positioning remains largely underweight on the euro. A structural …read more […]

There was a man lurking on the farm last week.
Dressed in casual clothes and wearing a black mask, he walked up the hill behind the house. Then he peeked around the back of the barn. Then he walked to the mailbox and stuck something in it.
As he drove away, we spotted something on his vehicle we didn’t want to see.
The words on his door showed that he was from the county… and he wants his money.
You see, we built a shed over the winter. It’s not very big and certainly isn’t fancy. It doesn’t have electricity or running water. In …read more […]

Southwest Airlines reports Q2 earnings and CEO Gary Kelly says the airline intends no layoffs or pay cuts until at least the end of the year. …read more […]