Insurers lose High Court challenge over business insurance COVID pandemic payouts

Australia’s insurance industry has lost the latest battle in an ongoing “war of attrition” between insurers and businesses that want compensation for COVID losses. Key points: The insurance industry has been…

U.S. consumer prices soar again and push CPI inflation rate to 13-year high

The numbers: The cost of living surged again in May and drove the pace of inflation to a 13-year high of 5%, reflecting a broad increase in prices confronting Americans…

High Tide Begins Trading on Nasdaq Today Under Symbol “HITI”

High Tide becomes the first major publicly traded cannabis retailer to trade on the Nasdaq. Listing highlights High Tide’s broad cannabis ecosystem, positioning the Company to attract larger M&A opportunities…

Stocks end mixed as technology shares outperform; Nasdaq gains 0.3% to set record high

Stocks were mixed on Wednesday, with the major equity indexes beginning September trading near all-time highs. Technology stocks outperformed, and the Nasdaq jumped to a fresh record level. The S&P…

Dow erases earlier gains to close lower, pulling back from an intraday record high as earnings roll in

Stocks turned lower Monday afternoon to close out the session in the red, giving back some gains after a winning July.  The Dow dipped into the red, erasing earlier gains…

Entrepreneurs high on marijuana industry’s potential for businesses

HomeGrown VA is a cannabis growing supply shop that recently opened near The Diamond. (Jack Jacobs photo) Barely a month into Virginia’s first steps of legalizing recreational marijuana, new businesses…