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Shopify Stock: Why stocks tumble after a rapid rise

Shopify Inc.'s biggest drop of 2019 shows that the e-commerce store is testing the boundaries of what investors are willing to pay for rapid sales growth. The shares fell 8.9% in New York on Tuesday, their biggest fall since December 14, after more than doubling from the beginning of the year. This start-up created more than $ 25 billion in …

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Apple places 2,000 new jobs in Seattle

Seattle has a thriving technical scene. (19459007) AMZN has its headquarters there along with Microsoft ( MSFT ) in nearby Redmond, Washington. Apple ( AAPL ) who already has an office in the city, now wants to add more engineering and computer science positions. While cities are keen to attract successful businesses (see the bidding war against Amazon's so-called HQ2 …

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The FDA issues warnings to companies that sell kratom products for opioid dependence

The Food and Drug Administration issues warning letters on Tuesday to two private companies to illegally sell unauthorized, abused drugs containing kratom, claiming that their products can cure opioid dependence and withdrawal symptoms. Cali Botanicals, based in Folsom, California, and Kratom NC, Wilmington, North Carolina, also argue that their products can treat pain and cancer as well as mental health …

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Airbnb now offers exorbitantly expensive home rentals as part of the new luxury print

Airbnb extends its rental options today to include some of the priciest and most luxurious accommodations on the planet. The new level, called Airbnb Luxe, is designed for customers who are interested in spending more than $ 1,000 a night on carefully crafted, massive private homes with beautiful views and state-of-the-art amenities. "Airbnb Luxe builds on the deep expertise of …

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Lagerfallet, Fed's Powell set to talk

US. Stocks were released and assets for secure access increased as investors melted comments from the Federal Reserve Chair Jerome Powell on Tuesday afternoon. <p class = "canvas-atom canvas-text Mb (1.0em) Mb (0)) – sm" type = "text" content = "S & P 500 ( ^ GSPC ) edged down 0.61% or 17.92 points, from 1:19 pm ET Dow ( …

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Why Lufthansa is wrong about A321XLR

Airbus A321XLR was officially launched early in the week and has been extremely popular with airlines. Many airlines have also called it a game switch (#KenyaAirways). The aircraft has been one of the fastest sales models we have ever seen in the early days of the introduction. The aircraft will have a range of 4,700 nm when it comes into …

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A woman was left on an Air Canada plan for hours after landing

Hours after a flight from Air Canada landed at Toronto Pearson International Airport, a passenger awoke to find himself locked in a cold, dark and empty plane. Earlier this month, Tiffani O & # 39; Brien fled Quebec City when she fell asleep and read her book on the 90-minute flight. She said that she woke up hours after her …

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Canopy Growth CEO Bruce Linton on Slow Marijuana Sales and Cannabis Drinks

Photograph by Wesley Gibbs            Text size Canopy Growth                    stock took an 11% tumble after the Canadian company said last week that it sold less marijuana in the March quarter than in the December period and at the profit margin. Canada's legalization last October was supposed to light the fuse of a once-in-a-lifetime growth industry, with Canopy Growth (ticker: …

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