Tag: Marketwatch
The adult use cannabis market in Maine generated about $65 million in economic activity and 900 jobs in its first year, according to a study made public on Monday by Colby College’s Laboratory for Economic Studies. Retail sales totaled about $58.5 million between October of 2020 and September 2021 and generated about $8.8 million in […]
Oil futures settled higher on Monday after posting their biggest weekly loss in about two years late last week, after the U.S. and International Energy Agency announced plans to release oil from emergency reserves. Oil prices have rebounded after last week’s big declines, with U.S. prices recovering back above $100 a barrel, “in the wake […]
Stocks ended higher Monday, kicking off the week on a positive note, as investors bought tech-related shares and shook off fears of a recession. The Dow Jones Industrial Average DJIA, +0.30% rose around 104 points, or 0.3%, to close near 34,922, according to preliminary figures, while the S&P 500 SPX, +0.81% gained around 37 points, […]
Shares of Carnival Corp. CCL, -1.55% rose nearly 3% in the extended session Monday after the cruise operator said that the week of March 28 was its busiest booking seven-day period ever. The week showed a “double-digit” increase from the previous record 7-day booking total, the company said, without further details. Twenty-two out of Carnival’s […]
The U.S. will announce more sanctions against Russia “this week” over its invasion of Ukraine, President Joe Biden’s National Security Adviser Jake Sullivan said Monday. Biden on Monday also called for a war crimes trial for Russian President Vladimir Putin, calling him “brutal” after reports of civilian massacres in Bucha, Ukraine. Briefing reporters at the […]
Read Next Coronavirus tally: UK sees record number of COVID cases, adds nine new symptoms to official list The official list of symptoms of COVID-19 has been expanded in the UK, where cases are currently running at the highest level since the start of the pandemic. The National Health Service added nine new symptoms to […]
President Joe Biden on Monday said he is seeking to impose more sanctions on Russia, following the emergence of evidence of civilian executions in Ukraine. He also called for a war crimes trial for Russian President Vladimir Putin, telling reporters in Washington, “this guy is brutal.” Reports of civilian massacres in Bucha, Ukraine, led to […]
Shares of Ford Motor Co. F, -0.27% fell 0.8% in morning trading, after the automaker said total March sales dropped 25.6% from a year ago to 159,328, but showed an increase from a month ago given improvements in production and inventory. The automaker also said retail orders at dealers rose 33% from a year ago […]
Exxon Mobil Corp. XOM, +0.64% said Monday it is working to discontinue operations at a Russian project but may have to impair its investment up to the full book value of $4 billion. “In light of the ongoing situation in Ukraine and the resulting sanctions on Russia, the Company is proceeding with efforts to discontinue […]
Starbucks SBUX, +0.57% on Monday said it will suspend its stock repurchasing program, effectively immediately, as Howard Schultz returns to the company as chief executive. “This decision will allow us to invest more into our people and our stores – the only way to create long-term value for all stakeholders,” said Schultz in a statement. […]