Layoffs at high-profile tech giants like Uber (UBER) and Lyft (LYFT) grabbed headlines in recent weeks, though the novel coronavirus has also decimated the next generation of aspiring unicorns, forcing some to close permanently. Some promising ventures may succumb to unfortunate circumstances, but the economic crisis also reveals which early-stage companies can draw on the […]
President Donald Trump and some members of the business community have advocated for a rapid reopening to reverse the economic damage caused by the coronavirus outbreak, but major companies will return cautiously even as public officials remove restrictions —...
Many business leaders disapprove of President Donald Trump’s response to the coronavirus outbreak, but fear the consequences of saying so publicly — according to Stephanie Mehta, editor-in-chief of the business publication Fast Company. In a newly released interview,...
Shares of Canopy growth (CGC) are trading 30% lower since its latest quarterly results last week. However one analyst sees shares as undervalued for the Canadian cannabis company, which has shifted from medical to more recreational sales when that market was legalized...
Hedge fund manager Carson Block is shorting a Chinese education company, alleging that its inflating revenue numbers. “Calling GSX a company is arguably a bit generous,” the Muddy Waters founder said on Yahoo Finance’s The Final Round (video above). “They claim to...
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