to

Boris Johnson Back To Office

British Prime Minister Boris Johnson has returned to work after recovering from coronavirus infection. Johnson was tested positive for coronavirus with mild symptoms on March 27. He was admitted to St Thomas' Hospital in London after 10 days with persistent symptoms. He was moved to intensive care unit later as his symptoms worsened. He was discharged from the hospital on April 12 after spendin




to

Trump Set To Announce Guidelines To Reopen US Economy

President Donald Trump said he will announce Thursday new guidelines on easing coronavirus restrictions in the country. The move, aimed to help reopen the ailing U.S. economy, is on the basis of his consultations with governors and business leaders. According to him, the United States has passed the peak of new coronavirus cases and predicted some states would reopen this month. "The data sugg




to

Trump Does Not Agree With Georgia's Plan To Reopen

President Donald Trump voiced his disagreement with the Governor of Georgia's plan to reopen some of the state's businesses, saying it was "just too soon" to ease the lockdown. During his routine White House news conference on Wednesday, Trump said Governor Brian Kemp's decision to reopen bowling alleys, hair and beauty salons, tattoo parlors and other businesses on Friday is in violation of the federal guidelines he issued last week.




to

Trump Finalizing Plan To Reopen US Economy

President Donald Trump announced that the Government was finalising a plan to reopen the U.S. economy, which has been paralyzed due to stay-at-home orders intended to prevent the spread of the coronavirus. The social distancing guidelines that the Trump administration announced expire on April 30. At his routine news conference Monday, Trump said he remains determined to reopen the U.S. for bus




to

Trump To Suspend Immigration To US

President Donald Trump announced his intention to suspend immigration into the United States concerned over the coronavirus pandemic. In a Twitter post late Monday, the President said he will sign an order halting all immigration to protect jobs as coronavirus spreads. "In light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens, I will




to

White House To Wind Down Coronavirus Task Force

The Trump administration is preparing to wind down within weeks the White House taskforce that was formed to deal with the coronavirus pandemic in the country. This was announced by Vice President Mike Pence at a news conference Tuesday. He told reporters, "A reflection of the tremendous progress we've made as a country", the Trump administration was "starting to look at the Memorial Day [late Ma




to

Trump Orders Meat Processing Plants To Stay Open To Protect Food Supply

President Donald Trump has signed an executive order that requires meat processing plants in the country to remain open to ensure the continued supply of products like beef, pork, and poultry to the public. Signing the order Tuesday, Trump said, "We're working very hard to make sure our food supply chain is sound and plentiful." U.S. meat processing plants had become COVID hotspots, where more t




to

U.S. Service Sector Activity Shrinks For First Time In Over Ten Years

A report released by the Institute for Supply Management on Tuesday showed U.S. service sector activity contracted for the first time since December of 2009 in the month of April. The ISM said its non-manufacturing index tumbled to 41.8 in April from 52.5 in March, with a reading below 50 indicating a contraction in service sector activity.




to

Germany's Top Court Gives ECB 3-month Ultimatum To Explain Govt Bond Purchases

Germany's top court on Tuesday ruled against the European Central Bank's bond purchases and gave the bank three months to explain how the scheme can be justified.




to

New Zealand Unemployment Rate Rises To 4.2%

The jobless rate in New Zealand came in at a seasonally adjusted 4.2 percent in the first quarter of 2020, Statistics New Zealand said on Wednesday.




to

European Economics Preview: Germany Factory Orders Data Due

Factory orders from Germany and final composite Purchasing Managers' survey from euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is set to release Germany's factory orders for March. Economists forecast orders to fall 10 percent on month after falling 1.4 percent in February.




to

Eurozone Private Sector Registers Record Downturn In April

The euro area private sector experienced a record downturn in April due to the severe disruption caused by the coronavirus, or covid-19, pandemic, final survey results from IHS Markit showed Wednesday. The composite output index slid to a new series low of 13.6 from March's 29.7. The flash score was 13.5. Both manufacturing and services reported record fall in output in April.




to

German Factory Orders Log Record Fall In March

Germany's factory orders declined the most since the records began in 1991, as measures to contain the spread of coronavirus, or covid-19, pandemic dampened both domestic and foreign demand. Factory orders declined sharply by 15.6 percent on a monthly basis in March, much bigger than the 1.2 percent drop posted in February, data published by Destatis revealed Wednesday.




to

U.S. Private Sector Employment Plunges By More Than 20 Million Jobs In April

Private sector employment nosedived in the month of April, according to a report released by payroll processor ADP on Wednesday. The report said private sector employment plunged by 20.236 million jobs in April after slumping by a revised 149,000 jobs in May.




to

Netflix Buys Global Rights To 'The Starling'

Netflix has acquired global rights to the upcoming heartwarming comedy-drama The Starling from Limelight, Entertainment One (eOne) and Boies Schiller Entertainment. The streaming service reportedly paid around $20 million for distribution rights for the film.Its release date has not yet been scheduled. Directed by two-time Academy award nominee Theodore Melfi, the film tells the story of a mar




to

Tom Cruise To Shoot Movie In Space

Thomas Cruise is set to become the first actor to act in a movie shot in outer space. The joint project by Space X and NASA would be "the first narrative feature film -- an action adventure -- to be shot in outer space", Deadline reported. The head of NASA confirmed the news on social media. "NASA is excited to work with Tom Cruise on a film aboard the Space Station. We need popular media to in




to

AMC Theaters To No Longer Play Universal Pictures Movies

AMC Entertainment has banned screening all Universal films in its theaters across the world. The ban was provoked by Universal Pictures releasing children's film Trolls World Tour digitally. In a letter to Universal Studios Chairman Donna Langley, AMC Entertainment said the move was in response to the film company's decision to stream more movies online simultaneously with their release in theate




to

Traders Seem To View Dismal Jobs Data As Old News

The major U.S. index futures are currently pointing to a higher opening on Friday, with stocks likely to extend the strong upward move seen in the previous session.




to

Profit Taking May Lead To Initial Pullback On Wall Street

The major U.S. index futures are currently pointing to a lower opening on Monday, with stocks likely to give back ground following the strong upward move seen last week.




to

Futures Pointing To Initial Strength On Wall Street

The major U.S. index futures are currently pointing to a higher opening on Thursday, with stocks likely to regain some ground following the sharp pullback seen in the previous session.




to

Futures Pointing To Roughly Flat Open On Wall Street

The major U.S. index futures are currently pointing to a roughly flat opening on Thursday, with stocks likely to show a lack of direction following the volatility seen over the past few sessions.




to

Profit Taking May Lead To Initial Weakness On Wall Street

The major U.S. index futures are currently pointing to a lower opening on Thursday, with stocks likely to give back some ground following the rally seen in the previous session.




to

Futures Pointing To Initial Strength On Wall Street

The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to extend the rebound seen over the course of the previous session.




to

Easing Coronavirus Worries May Lead To Strength On Wall Street

The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to move to the upside after ending the previous session mixed.




to

U.S. Stocks May See Further Upside In Early Trading

The major U.S. index futures are pointing to a higher open on Wednesday, with stocks likely to extend the upward move seen over the course of the two previous sessions.




to

Fire & Flower To Close Three Alberta Stores; Q4 Loss Widens

Canadian cannabis company Fire and Flower Holdings Corp. said Thursday that it will close three locations in Alberta under a restructuring plan, enabling it to deploy resources and allocate capital to locations with higher profit potential. The company also reported a net loss for the fourth quarter that widened from last year.




to

Canadian Regulators Temporarily Halt Trading Of IAnthus Stock

Canadian security regulators halted trading in shares of iAnthus Capital Holdings Inc. on Wednesday for nearly four hours amid reports about the cannabis company's difficult financial situation.




to

Reckitt Benckiser Warns Not To Use Disinfectant Against COVID After Trump Remark

Disinfectant manufacturer Reckitt Benckiser issued a strong warning against administering its products such as Lysol and Dettol to the human body after President Donald Trump suggested researchers try putting disinfectants into coronavirus infected patients' bodies as potential treatment for the killer disease. "Under no circumstance should our disinfectant products be administered into the human




to

Hightimes Holding To Buy 13 California Dispensaries From Harvest Health

Hightimes Holding Corp, the owner of the High Times cannabis brand, has agreed to acquire thirteen California dispensaries from Harvest Health & Recreation Inc. for $80 million.




to

100000 Lives Could Be Lost Due To COVID-19 In US: Trump

On Monday, coronavirus deaths in the United States crossed 67000, a figure still short of the 100,000 mark that US President Donald Trump has warned of the other day. "We're going to lose anywhere from 75, 80 to 100,000 people," Trump said at a two-hour Fox News virtual "town hall" Sunday. This figure is a significant increase from his previous estimate of 60,000. Trump claimed that without his




to

U.S. COVID-19 Infections Rise By 200,000 In A Week To More Than 840,000

A significant surge in coronavirus-related deaths and infections was reported in the United States on Wednesday. With 2,229 casualties, the total number of deaths has risen to 46,785, according to Johns Hopkins University's latest data. With 29,304 new confirmed cases in the last 24 hours, the number of COVID-19 infections in the U.S. increased to 842,624.




to

US COVID-19 Death Toll Tops 62,000

Deaths in the United States due to coronavirus pandemic has topped 62,000 as of Thursday.




to

Constellation Brands Raises Stake In Canopy Growth To 38.6 Percent

Brewer Constellation Brands, Inc. has raised its stake in Canopy Growth Corp. to 38.6 percent, indicating its confidence in the Canadian cannabis company's future growth.




to

US Reports Lowest Daily Death Toll, But Huge Spike Projected

The United States recorded only 1,015 coronavirus-related deaths in the past 24 hours, the lowest one-day tally in a month. While new COVID-19 infections and deaths are falling since the beginning of this month in the country, a coronavirus model cited by the White House is forecasting the daily death toll to reach new height of 3,000 by June 1. The daily infection rate is slated to increase mul




to

Trump Says All Parts Of US In Good Shape As Some States Tiptoeing To Reopen

President Donald Trump says all parts of the country are either in good shape or getting better based on reports that the infection rate has dropped significantly in several hotspots, including New York. Some states such as Texas, Alaska, Georgia, Oklahoma, Tennessee and South Carolina are taking their first steps toward reopening. At a routine White House news conference on Monday, the President




to

Strategy To Expand Coronavirus Testing In US Unveiled

President Donald Trump on Monday announced a strategy to expand coronavirus testing facilities in the United States, which the White House described as a decisive step to ensure States have the testing system required to reopen the nation. The Trump Administration released its blueprint for State testing plans and rapid response programs as a follow up of the "Opening Up America Again" guidelines




to

Ethos Cannabis To Buy Seven Medical Marijuana Dispensaries From 4Front Ventures

Ethos Cannabis, a Pennsylvania-based multi-state cannabis operator, said it has agreed to acquire the rights to seven medical marijuana dispensaries in Maryland and Pennsylvania from 4Front Ventures Corp. Terms of the deal were not disclosed.




to

COVID-19 Deaths Top 70,000 In US

Coronavirus-related deaths in the United States surpassed 70,000 with 1.2 million confirmed cases of infection. As daily death toll moving around 1000 in recent days, President Donald Trump said it's time to reopen businesses, and Vice-President Mike Pence suggested the White House coronavirus task force could be disbanded within weeks. A total of 1,204,475 cases and 71,078 Covid-19 related deaths




to

CDC Director Says Second Wave Of Coronavirus Could Be Deadlier: Report

The head of the Centers for Disease Control and Prevention has warned of a second wave of the novel coronavirus in the next winter, which, according to him, is likely to be even more devastating than the one that is raging across the globe. "We're going to have the flu epidemic and the coronavirus epidemic at the same time," CDC Director Robert Redfield said in an interview with The Washington Po




to

Omura Raises $5 Mln; Says Bruce Linton To Join As Strategic Advisor

Omura, a California-based marijuana and hemp flower vaporizer company, said that Bruce Linton, the former CEO and founder of Canadian cannabis company Canopy Growth Corp., has participated in the company's latest fundraising round. Linton has also joined Omura as strategic advisor.




to

US Coronavirus Cases Top One Million

The number of people infected with coronavirus in the United States crossed the dreadful one million mark Wednesday, making up nearly one third of the global cases. With more than 58,000 deaths, more Americans have died of COVID-19 than in the Vietnam War. The pandemic has so far infected 10,12,583 people in the country, according to data compiled by the Center for Systems Science and Engineerin




to

Northwest Natural Expects FY20 EPS Towards Lower End Of Prior Outlook Range

While reporting financial results for the first quarter on Friday, Northwest Natural Holding Co. (NWN) on Friday reaffirmed its earnings from continuing operations guidance for the full-year 2020, but now expected toward the lower end of the range given potential effects from the COVID-19.




to

Alliance Resource Partners Says Q2 Results Will Suffer Due To COVID-19 Pandemic

While reporting its first-quarter financial results on Friday, Alliance Resource Partners LP (ARLP) said its second-quarter results will suffer due to the demand destruction caused by the COVID-19 pandemic.




to

Stock Alert: Camping World Holdings Rises 22%

Shares of Camping World Holdings, Inc. (CWH), an outdoor and camping retailer, are gaining more than 22 percent or $2.45 in Friday's morning trade at $13.26, after the company reported a loss for the first quarter that narrowed from last year.




to

Stock Alert: Roku Down 6%; Expects Ad Revenue Growth To Slowdown Amid Covid-19

Shares of Roku Inc. (ROKU) are currently slipping over more 6% on Friday morning after the video streaming platform shared a downbeat outlook for ad revenues going forward.




to

Stock Alert: Inphi Up 8% On Q1 Results, Outlook

Shares of Inphi Corp. (IPHI), a provider of analog and mixed signal semiconductor solutions, are rising more than 8 percent or $8.43 in Friday's morning trade at $107.40 after the company's net loss for the first quarter narrowed and it provided an upbeat outlook for the second quarter. The stock has traded in a range of $39.34 to $116.98 in the past 52 weeks.




to

Telefonica Withdraws FY20 View, To Form UK JV With Liberty Global; Stock Dips

Shares of Telefonica SA were losing around 2 percent in the trading in Spain after the telecom major on Thursday reported weak first-quarter profit and withdrew fiscal 2020 guidance due to the current level of uncertainty amid Covid-19 impact. However, for the mid-term, the company backed 2022 guidance of revenue growth. Separately, Telefonica announced an agreement with Liberty Global.




to

Bristol-Myers Q1 Results Beat View; Cuts 2020 GAAP Profit Outlook

Biopharmaceutical company Bristol-Myers Squibb Co. (BMY) reported a loss in the first quarter, compared to profit last year. The company cut its GAAP earnings per share and revenue outlook for fiscal year 2020. But it reaffirmed annual adjusted profit guidance.




to

Huntington Ingalls Sees FY20 Shipbuilding Sales Growth At Low End Of Range

While reporting its financial results for the first quarter on Thursday, Huntington Ingalls Industries (HII), a military shipbuilding company, noted that the COVID-19 pandemic did not materially impact its first-quarter financial position, results of operations or cash flows.




to

Stock Alert: CenterPoint Energy Increases 15%

Shares of CenterPoint Energy Inc. (CNP), a public utility holding company, are gaining more than 15 percent or $2.45 in Thursday's morning trade at $18.43 after its earnings for the first quarter zoomed past analysts' estimates and the company announced it will receive a $1.4 billion equity investment.