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Investing
Canopy Growth’s cash burn raises analyst concerns
Benchmark analysts on Monday reiterated their sell rating on Canopy Growth Corp. as it burns cash at a rate that’s more “intense than a midnight blaze” while…
Stores rethink self-checkout
The backlash against self-checkout is growing, and stores are starting to dial back on the technology after it exploded over the past few…
The PC market is finally improving, and that could help HP’s stock
Personal-computer makers have had a rough go in the postpandemic era, but Citi Research is now feeling more optimistic about the potential for HP Inc.…
Car parts maker Continental plans thousands of job cuts
Berlin — German car parts manufacturer Continental will cut thousands of jobs worldwide as part of a plan to save €400 million ($428 million) a year…
Bankrupt WeWork’s stock pulls back, continuing rollercoaster ride
Shares of beleaguered WeWork Inc. pulled back 20.7% in premarket trades Monday, after ending Friday’s session up 23%. WeWork’s
WEWKQ,
+1.29%…
Most Americans think the economy should be in fairly good shape this time next year
New survey data released Monday by the Federal Reserve Bank of New York showed that US consumers believe inflation will continue to ease, the…
Most big cryptocurrencies fall as Cardano tumbles
Most large cryptocurrencies were down during morning trading on Monday, with Cardano
ADAUSD,
-4.32%
seeing the biggest change, tumbling 4.94%…
Waikiki hotel is ditching the Trump name
The number of Trump Hotels continues to dwindle, with the chain’s Hawaii resort the latest to ditch the tarnished name for a less politicized…
Exxon Mobil moving into lithium production for electric-vehicle batteries
Exxon Mobil Corp. said Monday it plans to begin producing lithium for electric-vehicle batteries by 2027 from a mining operation in southwest Arkansas under…
US homebuyers needed to earn 22% more last year to afford a home
The income of a typical homebuyer in the United States surged to $107,000 from $88,000 last year, as home affordability precipitously…