The Latest Upbeat News From Airlines Fails to Lift the Stocks

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The Latest Upbeat News From Airlines Fails to Lift the Stocks

Delta Air Lines and Southwest Airlines issued encouraging updates on their operations and financial condition. But their stocks slipped—a sign that incremental improvements may no longer be enough to send airline shares soaring. Delta (ticker: DAL) held …
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Investors Are Overconfident About a Taubman-Simon Deal, Analyst Says

Investors are overly optimistic that the Michigan courts will compel Simon Property Group to complete its $3.6 billion purchase of Taubman Centers at the original deal price or that the companies will agree to recut that deal, a Piper Sandler analyst says.
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Stanley Brothers: New Low-THC Cannabis Products 'Life Enhancing Rather Than Mind Altering'

The national discussion over cannabis legalization hit a tipping point back in 2012 when a five-year-old girl named Charlotte Figi began receiving cannabis oil treatments for severe epileptic seizures she experienced due to Dravet syndrome. Once having …
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Lufthansa investor Thiele seeks talks with German government: Handelsblatt

FRANKFURT (Reuters) – Lufthansa’s biggest shareholder, German billionaire Heinz Hermann Thiele, has reached out to Berlin politicians for talks, Handelsblatt said, the latest step in a standoff over the airline’s 9 billion euro ($10.1 billion) bailout. Lufthansa …
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The Accountant II – PCAOB Shoots Straight on Crypto Audits

The Public Company Accounting Oversight Board (PCAOB) recently published guidance for auditors on the accounting treatment of cryptoassets,
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