Government Archives - Page 58 of 268

2 minute read

Zoom’s Nasdaq Exit: What’s Next for the Former Pandemic Darling Stock?

December 18, 12:50 PM

Zoom Video Communications Inc (NASDAQ: ZM) will cease to be a component of the Nasdaq 100 index as its stock performance lags behind significant equity benchmarks in 2023, with only a 5.7% rise.

DASH

3 minute read

CBD And Weed Banned On Cruise Ships: Is It A Ploy To Boost Alcohol Sales?

By Jelena Martinovic

December 18, 10:58 AM

Marijuana is not permitted on cruise ships, regardless of the legality of its consumption in some cruise destinations, due to federal regulations. Companies such as Carnival Corporation, Royal Caribbean Cruises and Norwegian Cruise Line have all taken the same stance on marijuana use. Items such as medical cannabis and drug paraphernalia containing oils and THC products are banned on onboard vessels. Besides sending reminders to passengers and crew, Carnival Cruise is understood to have employed drug-sniffing dogs to help detect cannabis on its ships. The decision is believed to have been influenced by cruise companies' desires to promote alcohol sales. Cruise Lines International Association has forecast that 31.5 million passengers will return to cruising in 2023, which would surpass pre-pandemic levels, hence the introduction of increased security measures by some cruise lines.

CCL

2 minute read

Bankruptcies On The Rise Following End Of COVID Relief Measures And High-Interest Rates

By Neil Dennis

December 18, 10:24 AM

Corporate bankruptcies have seen a sharp increase in the last year as interest rates rose and following the withdrawal of COVID-19 support packages.

KRE

2 minute read

Southwest Airlines Hit With Record $140M DOT Fine, Consumer Protection Violations Highlighted

By Akanksha Bakshi

December 18, 10:03 AM

Southwest Airlines Company (NYSE: LUV) faces a record $140 million

LUV

1 minute read

Adobe, Figma End $20B Merger: What’s Behind the Abrupt Decision?

By Anusuya Lahiri

December 18, 9:57 AM

Adobe Inc (NASDAQ: ADBE) and Figma mutually agreed to terminate their previously announced

ADBE

2 minute read

What’s Going On With Nvidia Stock Monday?

By Anusuya Lahiri

December 18, 9:06 AM

Many Chinese semiconductor design companies are partnering with Malaysian firms to assemble high-end chips, mainly graphics processing units (GPUs).

BIDU

2 minute read

What’s Next for Arm Holdings? Over 70 Engineers Gone in China as Global Strategy Shifts

By Anusuya Lahiri

December 18, 8:48 AM

Arm Holdings Plc (NASDAQ: ARM) recently let go of over 70 software engineers in China while it proposed relocating some of the roles outside the Asian nation.

ARM

1 minute read

Catalyst Pharmaceuticals Announces FIRDAPSE New Drug Application Submitted in Japan by Partner DyDo Pharma

By Benzinga Newsdesk

December 18, 7:31 AM

Catalyst Pharmaceuticals, Inc. ("Catalyst") (NASDAQ:CPRX), a commercial-stage biopharmaceutical company focused on in-licensing, developing, and commercializing novel medicines for patients living with

CPRX

1 minute read

Key Official Behind Tesla Autopilot Investigation Ann Carlson To Leave NHTSA

By Anan Ashraf

December 16, 12:42 AM

Acting head of the National Highway Traffic Safety Administration (NHTSA), Ann Carlson, is reportedly set to bid adieu…

TSLA

2 minute read

New York Will Get 12 New Weed Dispensaries, Ending 2023 With More Than 35 Adult-Use Stores Open

By Jelena Martinovic

December 15, 1:54 PM

New York governor Kathy Hochul has announced plans to open a dozen new recreational cannabis dispensaries, including eight Black-owned, five Hispanic-owned and nine women-owned. In total, New York is expecting to have 37 stores selling adult-use cannabis by the end of December. A New York Supreme Court decision that lifted an injunction blocking cannabis dispensary licenses earlier this month resulted in licenses being granted to companies like PharmCann, NYCANNA and The Cannabist Company Holdings, the latter previously known as Columbia Care.

ACRDF