Aurora Cannabis hires hedge-fund manager Nelson Peltz as adviser
Canada’s Aurora Cannabis Inc. shares ACB, +0.13% ACB, +0.19% soared 11% in premarket trade Wednesday after the company said it has hired hedge fund manager Nelson Peltz as an adviser to help it explore possible partnerships and help with its global expansion strategy. Peltz, the founder of Trian Fund... Read more
“Money is the oldest social network and arguably the strongest,” Cameron Winklevoss told CNN Business at SXSW in Austin. “And crypto is one of the strongest networks of value ever in the world and will continue to be so, so hopefully pioneers in that space to some... Read more
Boeing’s (BA) stock declined 9% on Monday morning in the aftermath of the second deadly crash of its bestselling 737 MAX 8 jet in five months. All 157 people on board the Ethiopian Airlines flight were killed when the plane fell out of the sky shortly after takeoff. The... Read more
Europe Markets: European markets positive ahead of crucial Brexit vote; Commerzbank adds 4%
Europe’s indexes were in positive territory on Monday, led higher by banks, with investors also waiting for the scheduled U.K. parliamentary vote over Prime Minister Theresa May’s Brexit deal to take place on Tuesday. Shares of Deutsche Bank AG and rival Commerzbank AG rose after agreeing to informal merger... Read more
Outside the Box: 10 retirement lessons from a retired retirement pro
For the better part of 40 years, I spent a great deal of time helping thousands of workers prepare for retirement. We ran seminars for workers and spouses on topics like retirement income, insurance, lifestyle, relocation and more. I think it’s fair to say that, if someone took advantage... Read more
Deutsche Bank and Commerzbank’s CEOs are reportedly resuming talks over a potential merger
Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger of Germany’s two biggest lenders, Focus magazine reported on Friday, citing people familiar with the matter. Deutsche Bank and Commerzbank declined to comment. Deutsche Bank shares were indicated to start trading 0.1 percent higher, while Commerzbank... Read more
Follow CNN Live Updates By CNN Business Updated less than 1 min ago8:06 a.m. ET, March 7, 2019 What we’re covering here today Expand Content by SmartAsset Find the right advisor to help you plan for retirement See CFPs near you Compare the Top 3 Financial Advisors in Your... Read more
Asia Markets: Asian markets decline despite China’s bullish growth goal
Shares declined in most Asian markets Tuesday, tracking an overnight sell-off on Wall Street. But stocks in Shanghai and Shenzhen advanced after the government set an ambitious target for growth this year that implies strong government support for the economy. The Shanghai Composite index SHCOMP, +0.88%   rose 0.1%,... Read more
Will a worsening outlook for inflation force the ECB to act?
Print edition | Finance and economics Feb 28th 2019 PATIENCE, PERSISTENCE and prudence: the latest incarnation of the European Central Bank’s policy guidance appears to take a leaf out of early Christian writings on virtue. The central bank has counselled that, because it takes time for pricing pressures to... Read more
Asia Markets: Asian markets rise on trade-deal hopes, MSCI expansion
Asian shares were mostly higher on Friday after a report suggested that the leaders of China and the U.S. could be endorsing a trade deal in weeks. According to Bloomberg, U.S. officials are preparing a final trade deal ahead of a summit between President Donald Trump and Chinese leader... Read more