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Wall Street’s Marijuana Madness: ‘It’s Like the Internet in 1997’

Wall Street’s Marijuana Madness: ‘It’s Like the Internet in 1997’

Entrepreneurs and investors are rushing headlong into the nascent legal marijuana industry, fueling a stock craze reminiscent of the late 1990s dot-com bubble and the recent bitcoin mania.

Published 2 months ago

Fed unlikely to be blown off rate course by trade war

Fed unlikely to be blown off rate course by trade war

Strong US economy shows few signs of being hurt by tariffs fight with China

Published 1 second ago

Michael Dell delays investor roadshow for Wall St comeback

Michael Dell delays investor roadshow for Wall St comeback

PC company explores IPO as alternative to controversial share swap deal

Published 1 second ago

Barrick, Randgold to Create Gold-Mining Giant With $18.3 Billion Merger

Barrick, Randgold to Create Gold-Mining Giant With $18.3 Billion Merger

U.K.-listed Randgold Resources and Canada’s Barrick Gold have agreed to an all-share merger that will create an $18.3 billion gold-mining giant.

Published 2 months ago

Share Buybacks Help Lift Corporate Earnings

Share Buybacks Help Lift Corporate Earnings

Companies’ record stock repurchases this year are causing profits to appear stronger and fueling the stock market’s record run.

Published 2 months ago

Comcast’s Next Test on Sky: Convincing Investors

Comcast’s Next Test on Sky: Convincing Investors

Having secured control of European pay-TV giant Sky PLC, Comcast now must persuade investors that it didn’t overpay and that the deal will accelerate its growth.

Published 2 months ago

At U.N., Trump Will Face an Iran Gap With European Allies

At U.N., Trump Will Face an Iran Gap With European Allies

President Trump and his European counterparts square off at the United Nations this week on a key policy issue: the fate of the Iran nuclear agreement as the Islamic Republic pursues its regional ambitions.

Published 2 months ago

Hopes Rise for Release of U.S. Pastor Being Held in Turkey

Hopes Rise for Release of U.S. Pastor Being Held in Turkey

Turkish authorities are sending signals that an American pastor facing terrorism charges could be released next month, raising fresh hopes in the U.S. that the polarizing dispute will soon be resolved.

Published 2 months ago

Oil Producers Debate Best Way to Contain Crude Prices

Oil Producers Debate Best Way to Contain Crude Prices

OPEC producers largely agree that oil prices above $80 a barrel would be too high. But there is widespread disagreement on how the cartel and its allies should contain crude prices once U.S. sanctions banning Iranian oil sales take effect in November.

Published 2 months ago

Wall Street’s Marijuana Madness: ‘It’s Like the Internet in 1997’

Wall Street’s Marijuana Madness: ‘It’s Like the Internet in 1997’

Entrepreneurs and investors are rushing headlong into the nascent legal marijuana industry, fueling a stock craze reminiscent of the late 1990s dot-com bubble and the recent bitcoin mania.

Published 2 months ago

Used-Car Sales Boom as New Cars Get Too Pricey for Many

Used-Car Sales Boom as New Cars Get Too Pricey for Many

Rising new-car prices are pushing more buyers to the used-car lot, where they are finding a growing selection of low-mileage vehicles that are only a few years old.

Published 2 months ago

Randgold and Barrick agree $18bn gold mining deal

Randgold and Barrick agree $18bn gold mining deal

Tie-up between Canadian and UK-listed rivals will create the world’s biggest gold miner

Published 1 second ago

Casino says it rejected Carrefour takeover approach

Casino says it rejected Carrefour takeover approach

Carrefour denies push for deal to combine two big names in French food retail

Published 1 second ago

Sky deal opens new horizons for Comcast

Sky deal opens new horizons for Comcast

US cable behemoth that lacked overseas presence has bought itself a powerful European launch pad

Published 1 second ago

John McDonnell’s 10% shares plan to give UK workers a stake

John McDonnell’s 10% shares plan to give UK workers a stake

Opponents call it draconian, supporters say it represents a very small amount

Published 1 second ago