GameStop Corp.’s stock shed early gains to trade flat on Monday, as investors braced for the company’s annual shareholder meeting which will take place at 11.30 a.m. Eastern after it was delayed by technical issues last week.
Cannabist, the parent of Columbia Care, to shed workers as part of a plan to save $10 million.
The sole purpose of these large, lucrative business partnerships “is to avoid tax bills by moving assets from one pocket to another to generate deductions,” Deputy Treasury Secretary Wally Adeyemo said.
Steel stocks moved lower early Monday, after a crop of steel companies issued profit warnings for the second quarter, amid pressure on prices.
Headline index moves up 9.6 points, but only to negative 6 reading
The company is expected to continue benefiting from the AI boom, which has fueled demand for high-bandwidth memory products
Staff in the sportswear company’s Chinese business reportedly took bribes worth €250 million a year.
Oil futures edged higher early Monday, holding their ground after an initial dip following data that showed a fall in China crude demand in May.
