Hexo shares slip as it reports $56.7M fourth-quarter loss

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Hexo shares slip as it reports $56.7M fourth-quarter loss

Shares of Hexo Corp fell after the cannabis company posted a larger-than-expected fourth-quarter adjusted loss and an inventory writedown. The Gatineau, Que., -based pot producer’s stock slipped as much as 10 per cent to $2.72 on the Toronto Stock …
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Oil rises on forecast of falling US fuel stockpiles

HOUSTON (Reuters) – Oil rose on Tuesday, paring earlier losses as investors focused on signs that U.S.-China trade tensions could ease next month and expectations that U.S. refined product stockpiles declined last week. FILE PHOTO: The sun sets behind …
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Grubhub says customers are spreading their business among competitors, stock tanks 42%

GrubHub Inc. stock plummeted 42% in Tuesday trading after the company explained in a shareholder letter that customers are spreading their business across a number of online food ordering and delivery businesses, driving the need for a new approach to …
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WhatsApp Says Israeli Firm Used Its App in Spy Program

SAN FRANCISCO — WhatsApp sued the Israeli cybersurveillance firm NSO Group in federal court on Tuesday, claiming the company used the popular messaging service in a wide-ranging spy campaign on journalists and human-rights activists. WhatsApp …
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Michigan apples recalled in 8 states due to listeria concerns

A Michigan produce supplier is recalling half a dozen apple varieties distributed in eight states due to concerns the fruit might be contaminated with Listeria. The recall involves nearly 2,300 cases and two bulk bins of fresh apples, according to North Bay …
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