Finance

Historic Shift: US Set to Relax Restrictions on Marijuana, Though It Will Still Be Classified as a Controlled Substance

The U.S. Drug Enforcement Administration is set to make a groundbreaking move to reclassify marijuana as a less dangerous drug,…

10 months ago

Millions of Australians to experience ‘immediate boost in take-home pay’ on this date

Australians eagerly awaiting their tax return for a much-needed cash boost may be disappointed this year, as the government's "tax…

10 months ago

TD Sets Aside $450 Million in US Money-Laundering Investigation

Toronto-Dominion Bank has set aside $450 million in anticipation of potential fines related to US investigations into its anti-money laundering…

10 months ago

Judge throws out Meta shareholder lawsuit alleging directors have duties beyond the company

In a groundbreaking decision, a Delaware judge has dismissed a shareholder lawsuit that challenged the traditional roles of corporate leaders…

10 months ago

Amazon’s cloud-computing unit and Prime Video ad dollars fuel strong 1Q results, reports show

Amazon reported strong first-quarter results on Tuesday, with revenue reaching $143.31 billion, a 13% increase from the same period last…

10 months ago

Super Micro’s Quarterly Revenue Falls Short of Estimates, Inventory Increases, Shares Drop by 14%

Super Micro Computer, a leading artificial intelligence server maker, reported third-quarter revenue below estimates due to a shortage of crucial…

10 months ago

Starbucks updates 2024 forecast following significant Q2 earnings shortfall

Starbucks (SBUX) is facing a challenging quarter as the coffee giant missed expectations across the board for its Q2 earnings.…

10 months ago

Financial executive faces trial for insider trading in connection with Trump media firm’s public offering

The trial of financial executive Bruce Garelick for insider trading kicked off in Manhattan federal court on Tuesday, with Assistant…

10 months ago

Starbucks reports disappointing Q2 results, shares fall in after-hours trading

Starbucks (SBUX) is facing a bitter brew this quarter as the coffee giant missed expectations across the board in its…

10 months ago

Amazon’s stock surges following better-than-expected earnings

Amazon (AMZN) reported impressive first quarter earnings that exceeded Wall Street expectations, driving the company's stock up by as much…

10 months ago