Canopy Growth Tom Franck | CNBC Shares of German cannabis company SynBiotic rose sharply on Thursday shortly after the incoming government pledged to make the drug legal. The Munich-based company’s shares were up 33% to 29 euros ($33) on the Frankfurt stock exchange. The company now has a market cap of over 100 million euros.
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BERLIN, GERMANY – SEPTEMBER 22: German Chancellor Angela Merkel (L) speaks with Vice Chancellor and Federal Minister of Finance Olaf Scholz. Pool | Getty Images News | Getty Images Germany’s Covid-19 crisis continues to rock the nation with the grim news on Thursday that the total number of deaths has now surpassed 100,000. The country’s
In this article DIS Disney’s “Encanto” centers around the Madrigals, an extraordinary family who live hidden in the mountains of Colombia and have been blessed with unique gifts. Disney Walt Disney Animation Studios has been delivering charming animated feature films to the masses since 1937. Its 60th feature, “Encanto,” is one of the best, critics
LONDON — Europe is slipping behind in its vaccination drive and could see hundreds of thousands more deaths by next spring, the World Health Organization has said. “We’ve only got 54% of the one billion people living in Europe fully vaccinated,” Robb Butler, executive director for WHO Europe, told CNBC Wednesday. This region for the
Protesters rally against vaccine mandates on November 20, 2021 in New York City. Stephanie Keith | Getty Images As the latest wave of Covid-19 sweeps across Europe, governments across the region are once again tightening restrictions, with some specifically cracking down on their unvaccinated populations. In Austria, which has the second-lowest Covid vaccination rate in
Shares of HP were up more than 8% in extended trading Tuesday after the computer hardware maker reported better-than-expected quarterly results and strong guidance for the current quarter. Here’s how it did versus Refinitiv consensus expectations for the quarter ending Oct. 31: Earnings: $0.94, adjusted, versus $.88 expected Revenue: $16.68 billion versus $15.4 billion expected
U.S. President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, D.C., U.S., on Thursday, Oct. 14, 2021. Al Drago | Bloomberg | Getty Images The Biden administration on Tuesday asked a federal appeals court to immediately lift an order halting its Covid vaccine and testing requirements for private businesses, warning that delaying
In this article BNTX Visitors at the Christmas market in Dortmund, western Germany on November 22, 2021. Some of Germany’s federal states have canceled their Christmas markets due to the Covid crisis. Ina Fassbender | AFP | Getty Images Germany’s health minister has issued a stark warning to the country’s public, telling citizens that vaccination
Loading chart… Ambarella: “I think you ought to sell half right here. Honestly, look, there’s some luck involved here because the stuff that they do, I think, is a little more commodity-oriented than a lot of people believe.” Loading chart… Cano Health: “Can you believe that stock? It’s down like 30%. It’s got very good
In this article GM F 7203.T-JP VOW3-DE A charging cable plugged into a Volvo electric vehicle in London on November 18, 2020. TOLGA AKMEN | AFP | Getty Images New homes in England will be required to have charging points for electric vehicles, according to plans announced by authorities in the U.K. “We’re regulating so
Jamie Salter, chairman and chief executive of Authentic Brands Group LLC. Norm Betts | Bloomberg | Getty Images Retail conglomerate Authentic Brands Group plans to shelve a planned initial public offering and instead sell significant equity stakes in its business to private equity firm CVC Capital, hedge fund HPS Investment Partners and a pool of
WATFORD, ENGLAND – NOVEMBER 20: Manchester United manager Ole Gunnar Solskjaer during the Premier League match between Watford and Manchester United at Vicarage Road on November 20, 2021 in Watford, England. Mark Leech/Offside | Offside | Getty Images United have confirmed Solskjaer’s assistant Michael Carrick will be placed in temporary charge, with the club also
In this article APT-AU AFRM Shoppers ascend and descend an escalator at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters As holiday shoppers gear up for celebrations, they’re preparing for a season that will look noticeably different than a year ago. Big parties with family and friends.
Space company Firefly is preparing for the second orbital launch attempt of its Alpha rocket, as the venture looks to build out the foundation of its business. “Firefly is aiming to be the next SpaceX, a very transformative space transportation company,” Firefly CEO Tom Markusic told CNBC. The company recently gave CNBC an inside look
Flight attendants wearing protective masks walk through Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, on Wednesday, April 7, 2021. Elijah Nouvelage | Bloomberg | Getty Images An accidental gun discharge at Hartsfield-Jackson Atlanta International Airport’s security screening area on Saturday afternoon led to all departing flights being briefly halted. The airport said on Twitter there
In this article AMZN MSFT PLTR Women are significantly underrepresented in STEM professions and for the few who are pursuing science, technology, engineering or math careers – there are a lot of financial challenges. That’s why a lot of companies and organizations are offering scholarships and other financial assistance to help bridge this gender gap
Loading chart… Desktop Metal: “OK now listen. This is really important: This is pure spec on 3D, but I happen to like it more than [3D Systems Corporation]. Why? Because it’s only a couple of bucks. Now, you can lose the whole thing, remember that. But I like the fact that it’s a pure spec.
In this article TSLA SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Tesla CEO Elon Musk is known for his spontaneous mass communication, from rants on Twitter to “everybody” e-mails he sends to
Senate Majority Leader Chuck Schumer (D-NY) speaks during a news conference with House Democrats about the Build Back Better legislation, outside of the U.S. Capitol on November 17, 2021 in Washington, DC. Drew Angerer | Getty Images House Democrats have passed President Joe Biden‘s $1.75 trillion social policy and climate bill, a measure that’s by
Macy’s CEO Jeff Gennette told CNBC’s Jim Cramer on Thursday the retailer has not reached any predetermined conclusions about spinning out its e-commerce unit into a separate company, a move that activist shareholder Jana Partners hopes to see taken. Gennette’s comments in a “Mad Money” interview came after Macy’s announced earlier Thursday it had brought