Meta settles with DOJ on alleged discriminatory housing ads, stock swings lower toward 26-month low
The U.S. Department of Justice announced Tuesday that it has obtained a settlement agreement with Meta Platforms Inc. , formerly known as Facebook Inc., to...
Biden signals he’s leaning toward gas tax holiday, saying there’s ‘plenty’ of money for infrastructure
President Joe Biden on Tuesday offered signs that he could support suspending the federal gasoline tax, as he responded to a reporter's question on how...
Biden describes Chevron CEO as ‘sensitive’ after exec says industry has been vilified
President Joe Biden on Tuesday said Chevron CEO Michael Wirth seemed thin-skinned about criticism from the White House. Asked to comment on a letter in...
La-Z-Boy stock jumps more than 11% after furniture maker reports ‘record’ quarterly sales
La-Z-Boy Inc. shares rallied more than 11% in the extended session Tuesday after the furniture maker reported fiscal fourth-quarter earnings above Wall Street expectations and...
Canada delays rulemaking for cannabis beverages
A Health Canada official told MJBiz that the agency does not expect to approve new regulations that would increase the possession limit for cannabis infused...
Seagen’s stock surges after WSJ reports $31 billion-valued biotech is being eyed by Merck
Shares of Seagen Inc. shot up 14.7% toward a seven-month high in morning trading Friday, after The Wall Street Journal reported that Merck & Co....
WWE’s Vince McMahon steps aside as CEO during investigation
World Wrestling Entertainment Inc. Chief Executive Vince McMahon is stepping aside from that role as well as chairman during an investigation into a Wall Street...
Number of medical cannabis patients more than quadrupled by 2020 from 2016: Study
The number of people with medical cannabis licenses in the U.S. rose to 2.97 million in 2020 from 678,408 in 2016, according to a study...
Celsius CEO to hold a YouTube ‘Ask me anything’ on Friday, first since the crypto lender paused withdrawals
Crypto lender Celsius is scheduled to hold an AMA (ask me anything) session with its chief executive Alex Mashinsky at 1 p.m. ET on its...