Newsletter
May Joe Biden lift some of Venezuela´s sanctions?
The country with the largest proven oil reserves in the world, at a whopping 299,953,000,000 barrels of oil, is currently suffering from such a severe fuel shortage that it is viewed by many around the world as a humanitarian crisis. Despite its incredible …
Merck gets FDA approval for its new heart drug
Merck & Co. Inc. (NYSE: MRK) announced that the US Food and Drug Administration (FDA) has approved Verquvo for the treatment of patients with chronic heart failure with an ejection fraction of less than 45%. The US company developed the drug together with its …
Drop in drug-related deaths related to more liberal cannabis policies
A study by researchers at Yale University and the University of California, Davis, published in the British Medical Journal, shows an association between the prevalence of cannabis dispensaries and a decline in opiate deaths, something not specific to other …
PayPal Users are now able to purchase cryptocurrencies
PayPal Holdings Inc. (NASDAQ: PYPL) has added cryptocurrencies to its platform so that its US customers can buy, hold, and sell cryptocurrencies through their PayPal accounts. This is the first step in an ambitious plan by the payment service provider to bring …
Silver back from an 8 year high
Silver broke the $ 30 an ounce mark on Monday as the precious metal was at the center of the Reddit investor frenzy. Silver futures on the Comex exchange rose as much as 12.7% to $ 30.3 an ounce. The metal is up 19% since last Thursday after posts on Reddit …
Lyft and Uber ask to get involved in vaccination process
Ride-sharing companies Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (NASDAQ: LYFT) are promoting their involvement in the launch of the COVID-19 vaccine by offering to help more Americans get the vaccine when they bring their drivers to early doses. …
Sumitomo and IAMGOLD with large gold discovery in Ontario
Sumitomo Metal Mining and IAMGOLD today confirmed significant gold mineralization from an exploration program in the Gosselin and Young-Shannon Zones, located approximately 1.5 kilometers northeast of the Côté Gold Project in Ontario, Canada. Highlights of the …
Amazon opens Covid vaccination clinic
Amazon.com, Inc. (NASDAQ: AMZN) will inaugurate a pop-up clinic at its Seattle headquarters on January 24, 2021 in partnership with VMFS (Virginia Mason Franciscan Health). The company plans to vaccinate 2,000 eligible citizens in the fight against the …
Jay-Z is launching his own Cannabis Investment Fund
In an effort to redress the injustices inflicted on the black community by America's war on drugs, Jay-Z has announced that he is launching a mutual fund aimed at helping minority entrepreneurs get their start in the burgeoning cannabis industry . "It's really …
GameStop Hype turns away one of its largest Investors
Must Asset Management, which held a 4.7% stake in GameStop Corp. at least until April last year. held, is becoming less bullish on the stock on the recent confusing rally. Must Asset Management CEO Kim Doo-yong told Bloomberg on Monday that the South Korean …