Tilray earnings show pot sales quintupling, beating expectations

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Tilray earnings show pot sales quintupling, beating expectations

Tilray Inc. sold nearly five times more pot than last year to beat Wall Street expectations in a Thursday quarterly earnings report, but losses widened. Tilray TLRY, -1.60% reported a third-quarter net loss of $35.7 million, or 36 cents a share, versus $18.7 million …
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AbbVie Prepares Large Bond Sale to Fund Allergan Purchase

AbbVie Inc. is set Tuesday to sell as much as $30 billion of bonds to help fund its acquisition of Allergan PLC, taking advantage of investors’ strong demand for higher-quality business debt to bring what would be one of the largest corporate-bond sales on …
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'Nobody's Cheated Better': Trump Slams China In Latest Speech On The Economy

Topline: Speaking at the Economic Club of New York on Tuesday, President Donald Trump criticized the Federal Reserve, touted the health of the U.S. economy and spoke about international trade—particularly on China, calling the nation “cheaters.”.
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Facebook is launching a pay system across Facebook, Messenger, Instagram, WhatsApp

Facebook Inc. FB, +2.44% just dove into payment systems with a service across Facebook, Messenger, Instagram, and WhatsApp. Facebook Pay, announced in a blog post Tuesday, consolidates its massive social media applications more tightly at a time …
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NY governor threatens to revoke National Grid's natgas certificate

Nov 12 (Reuters) – New York Governor Andrew Cuomo on Tuesday gave UK energy company National Grid Plc 14 days to explain why the state should not revoke the utility’s certificate to operate its gas franchise in downstate New York, saying that it had …
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