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US warns North Korea IT workers hiding identity
... be based in Africa and South East Asia. These IT workers take advantage of existing demands for specific IT skills, such as software and mobile application development, to get freelance employment contracts from clients around the world, including in North America, Europe and East Asia, it said. DPRK IT workers normally engage in IT work that is different from malicious cyber activity but they have used the privileged access gained as contractors to allow the DPRK's malicious cyber intrusions, the statement ...
Updated: 05/17/2022
InterCure announces Q1 financial results, announces new acquisition plans
... strict fiscal discipline and identifying strategic opportunities within key markets. As we focus on executing our profitable growth strategy, we are well-positioned to continue building on our solid foundation as the leading cannabis company outside North America.
Updated: 05/16/2022
Jefferies reinstated valuation of DraftKings, says the stock should continue to grow
... sees the value of the company moving forward with the addition of Golden Nugget Online and further push into iGaming. The note stated that DKNG should make thoughtful but aggressive decisions. We believe that the business should continue to grow in North America and GNOG Golden Nugget Online should be a valuable engine in iGaming. We believe that the prevailing bear case in the market is the least likely that DKNG is heading towards a funding crunch and Mgt. There could be more specific guidance to ...
Updated: 05/16/2022
Xponential CEO says Peloton fitness is a COVID-19 fad
... traded gym chains and a Peloton in the first quarter underscores Geisler's view. Xponential Fitness, which operates more than 2,200 studios under popular brands Rumble, Row House and Pure Barre, saw the same-store sales surge 47% in the first quarter of North America. Sales fell 24% a year ago. Operating profits went up to $14.5 million from $3.6 million a year ago. The company said in the outlook for 2022 it wanted to see a 41% increase in sales and a 153% increase in adjusted operating profits. It plans ...
Updated: 05/16/2022
Adani acquires controlling stake in Holcim cement in India
... cement plants and 78 ready-mix concrete factories. Officials said the deal was the biggest deal since Holcim merged with French rival Lafarge in 2015. Since then, the company has been selling fringe parts of its business as it tries to concentrate on North America and Europe. The Brazilian company sold its Brazilian operation for $1.025 billion last year, and it has also exited the Philippines and Indonesia.
Updated: 05/15/2022
Skywatchers in the U.S. in for a total lunar eclipse
... Super Flower Blood Moon . The eastern half of the United States and all of South America will get the chance to watch every phase of the total lunar eclipse. It will be visible in much of Africa, Western Europe, Central and South America and most of North America, NASA says. For optimal viewing, head to a spot that is away from bright lights in a dark environment. You should bring a telescope or a pair of binoculars to enhance the view and to get an eyeful of the moon's blood-red hue, although you should ...
Updated: 05/13/2022
Freedom Cannabis forms strategic relationship with Artizen owner
... licensing of the Artizen brand in Canada and Freedom licensing its brand to Artizen in the U.S. The two companies are looking at a possible merger in the future, depending on market conditions and regulatory approvals, that would increase market share in North America. A potential merger would be dependent on due diligence by both parties, Freedom Cannabis pursuing a public offering in Canada, and the legalization of cannabis at the federal level in the U.S. The LOI provides a path forward for Freedom to ...
Updated: 05/13/2022
Electric vehicle surges as gas prices spike
... so we are building everywhere. In its latest quarter, the company noted that it was focusing its growth in Michigan, Florida, North Carolina and Indiana. Many of its charging stations will be built in existing retail locations in partnership with companies ... ... going, not where it has been. She said that we try to build infrastructure ahead of demand, and demand is growing in much of America, but it is low. Federal funding can help companies such as EVgo to build ahead of when there are enough EVs on the road,...
Updated: 05/13/2022
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