Financial Post |
- Merck COVID-19 pill success slams Moderna shares, shakes up healthcare sector
- Wells Fargo must face shareholder fraud claims over its recovery from scandals
- Billionaire Charlie Munger’s timely apartment bets began with a Hebrew Bible and an improbable friendship
- Fed’s Mester says she thinks first rate increase could be at the end of 2022
- GM says chip situation improving; reports first sales drop in 4 qtrs
- Charting the Global Economy: U.S., Europe Inflation Accelerates
- The Brothers Gharegozlou: Vancouver siblings behind NBA Top Shot phenomenon are just getting started
- Amid supply chain snarls, retailers pitch early holiday shopping
- Lawyer who sued Chevron sentenced to six months in contempt case
- 79North Completes $850,000 Non-Brokered Private Placement
| Merck COVID-19 pill success slams Moderna shares, shakes up healthcare sector Posted: 01 Oct 2021 10:56 AM PDT Positive clinical trial results for Merck & Co's experimental antiviral COVID-19 pill reverberated through the healthcare sector on Friday, sending the drugmaker's stock price soaring while denting high-flying shares of vaccine companies and makers of other coronavirus therapies. Read More  |
| Wells Fargo must face shareholder fraud claims over its recovery from scandals Posted: 01 Oct 2021 10:52 AM PDT NEW YORK -- A federal judge on Thursday rejected Wells Fargo & Co's bid to dismiss a lawsuit claiming it defrauded shareholders about its ability to rebound from five years of scandals over its treatment of customers. Read More  |
| Posted: 01 Oct 2021 10:51 AM PDT Billionaire investor Charles Munger made a well-timed bet on suburban apartments — thanks to a neighborhood teenager who showed up at his house with a Hebrew Bible. Read More  |
| Fed’s Mester says she thinks first rate increase could be at the end of 2022 Posted: 01 Oct 2021 10:46 AM PDT NEW YORK -- The Federal Reserve's conditions for raising interest rates could be met by the end of 2022, Cleveland Fed Bank President Loretta Mester said on Friday. Read More  |
| GM says chip situation improving; reports first sales drop in 4 qtrs Posted: 01 Oct 2021 10:46 AM PDT Top U.S. automaker General Motors Co said on Friday the semiconductor chip shortage that has hit production at automakers worldwide was abating, while reporting its first quarterly sales fall in a year. Read More  |
| Charting the Global Economy: U.S., Europe Inflation Accelerates Posted: 01 Oct 2021 10:45 AM PDT (Bloomberg) -- Inflation in the U.S. and euro area accelerated by more than expected, adding fuel to a global debate over how long the spike in prices will last. Read More  |
| The Brothers Gharegozlou: Vancouver siblings behind NBA Top Shot phenomenon are just getting started Posted: 01 Oct 2021 10:35 AM PDT Somewhere, perhaps nestled deep in a landfill on the outskirts of Paris or maybe gathering dust in the back of a closet in Vancouver, is a blue binder full of Pokémon cards. Read More  |
| Amid supply chain snarls, retailers pitch early holiday shopping Posted: 01 Oct 2021 10:34 AM PDT NEW YORK -- Santa's sleigh is coming out of its garage a little earlier this year. Read More  |
| Lawyer who sued Chevron sentenced to six months in contempt case Posted: 01 Oct 2021 10:22 AM PDT NEW YORK -- A disbarred American lawyer who spent decades battling Chevron Corp over pollution in the Ecuadorian rainforest was sentenced Friday to six months' imprisonment for criminal contempt charges arising from a lawsuit brought by the oil company. Read More  |
| 79North Completes $850,000 Non-Brokered Private Placement Posted: 01 Oct 2021 10:20 AM PDT TORONTO, Oct. 01, 2021 (GLOBE NEWSWIRE) -- 79North Inc. (CSE: JQ; OTCQB: SVNTF; FRA: 6120) ("79North" or the "Company") is pleased to announce that it has completed the previously announced non-brokered private placement of the Company consisting of an aggregate of 5,668,300 units of the Company (the "Units") at a price of $0.15 per Unit for aggregate gross proceeds of $850,245 (the "Offering"). The Offering closed in two tranches, the first occurring on August 17, 2021 and the second occurring on the date hereof. Each Unit issued in the Offering consists of one common share of the Company and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one common share of the Company at $0.25 per common share until August 17, 2024. Read More  |
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