Page 42 - Maxa Cherney News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Order Reprints Print Article The United Kingdom has ordered London and other parts of southeast England into lockdown as a contagious new form of the coronavirus damages the country. British Prime Minister Boris Johnson announced Saturday a fresh stay-at-home order for parts of the country because of a new variation of Covid-19 that appears to spread more rapidly. There is no evidence that the new strain is more deadly or resistant to the vaccine already distributed to 350,000 people in the U.K., said the nation’s chief medical officer, Chris Whitty.... Close U.K. Orders London Lo...

Dreamstime Wells Fargo recommended four semiconductor stocks for 2021, arguing the sector’s record highs may be here to stay and that global chip-buying trends will propel the best names to even greater heights. The sector’s success has lifted the PHLX Semiconductor index, which tracks 30 of the most important names, to its highest valuation multiple in nearly a decade. But Wells Fargo analyst Aaron Rakers said in a Thursday research note that the world’s appetite for chips powering things such as 5G phones and data centers means his four picks have more room to grow....

Order Reprints Text size Facebook says the changes could hurt small businesses because many have begun to use ads on social media. Alastair Pike/AFP via Getty Images Facebook leveled a further round of criticism against changes to Apple’s latest mobile operating system Thursday that will make it harder to target advertisements at users, cutting into revenue for businesses that rely on such ads. Shares of Apple (ticker: AAPL) rose less than 1% to $128.91, as Facebook (FB) advanced 0.7% to $277.52 in afternoon trading Thursday. In its second consecutive ...

Two of the largest cannabis companies based in Canada, Aphria and Tilray, plan to merge in a major deal that signals the sector has begun to consolidate. Shares of both companies rallied on the news, disclosed early Wednesday. Aphria’s (ticker: APHA) U.S.-listed stock gained 5.1% to $8.54, and Tilray (TLRY) shares advanced nearly 30% to $10. Canada moved in 2018 to legalize recreational marijuana, triggering a bubble in pot stocks that soon collapsed. Cannabis producers failed quarter after quarter to deliver results that met expectations they themselves had set. At one point, ther...

Order Reprints Illustration by Elias Stein In suing Facebook this past week, the Federal Trade Commission cited a “yearslong course of anticompetitive conduct.” The FTC wants the company to divest Instagram and WhatsApp, two acquisitions that the commission signed off on years ago. Facebook called the effort “revisionist history” and said that it would send a “chilling warning to American business that no sale is ever final.” Don’t feel too bad for corporate deal makers, though. Investment bankers are a hearty bunch who have persevered for decades. Even after t...