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Cannabis Watch: Aurora stock plunges 9% as cannabis producer scales back expansion amid declining revenue
Aurora Cannabis Inc. reported a 19% sequential decline in revenue, reporting sales of C$75.3 million ($56.8 million) versus C$98.9 in the previous quarter, as the company slows its expansion plans in Canada and abroad......»»
Uber says it has aggressive global expansion plans in 2021
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Uber, Lyft investors want to hear plans to get riders back in cars
As U.S. lockdowns and fears of the coronavirus pandemic stretch into a third month, who wants to take an Uber ride?.....»»
Freeport-McMoMoran scales back operating plans for 2020 after swinging to first-quarter loss
Freeport-McMoRan Inc. said Friday it is revising the operating plans for 2.....»»
SmileDirectClub plummets 24% after missing quarterly estimates and reining in expansion plans (SDC)
Reuters SmileDirectClub missed Wall Street's expectations for fourth-quarter losses and revenue on Tuesday, citing back-office expenses and ine.....»»
Good Eggs cooks up next stage of expansion with new Oakland warehouse
The grocery delivery service signed the lease with Prologis for the new ground-up development back in late 2018......»»
Baltimore Convention Center expansion plans scaled back amid financial hurdles
Plans for an upgrade to the Baltimore Convention Center are headed back to the drawing board after officials discovered an expansion would cost more than $1.5 billion to complete as envisioned. The eye-popping price tag was driven upward by the .....»»
Siberian taxi firm bringing fare-haggling to Moscow plans expansion
A Siberian ride-hailing firm that allows customers to haggle over their fares is investing to beef up its presence in Moscow, a market dominated by New York-listed internet giant Yandex and Uber , its founder said......»»
Will Uber’s Expansion Plans Bear Fruit?
Uber is scheduled to release its third-quarter financial results after the markets close on Monday, and analysts anticipate a net loss......»»
Will Wendy’s Choke on Its New Breakfast Expansion?
Wendy’s is moving back into breakfast with its most recent business update. The burger chain announced that it plans to launch its breakfast menu, currently available in more than 300 restaurants,........»»
Uber is opening massive new offices in Chicago and Dallas despite recent cost-cutting efforts (UBER)
Raymond Boyd/Getty Images Uber has plans for massive new offices in Chicago and Dallas, the company has confirmed in recent weeks. The expansion could mean the ride-hailing giant's San Francisco headquarters is dwarfed by larger satellite offices......»»
Uber targets expansion in fast-growing West African markets
Global ride-hailing firm Uber Technologies Inc is in talks with regulators over plans to expand into two West African countries and provide a boat service in Nigerian megacity Lagos, a company executive said on Thursday......»»
Navistar to Invest $125M for Alabama Operation Expansion
Navistar's (NAV) latest investment anticipated to create additional job opportunities as well as back the company's plans .....»»
The Wall Street Journal: Facebook has big companies backing its upcoming cryptocurrency
Facebook Inc. has signed up more than a dozen companies including Visa Inc., Mastercard Inc., PayPal Holdings Inc. and Uber Technologies Inc. to back the new cryptocurrency that the social-media giant plans to unveil next week......»»
New Jersey biotech firm scales back Lake Nona plans
The company reportedly considered other cities for a new facility, but the Orlando City Council approved a nearly $380,000 incentive deal Aug. 20 to attract it to Central Florida......»»
The Wall Street Journal: Digital First scales back board demand in Gannett takeover bid
Digital First Media, the hedge fund-backed media company pushing Gannett Co. to sell itself, plans to cut the number of seats it is seeking on Gannett’s board in half, according to people familiar with the matter......»»
Tesla’s Growth Story Needs a New Charge
Plans to dial back Gigafactory expansion are hard to square with a sky-high stock valuation......»»
Stalled Aramco IPO sets back deal-making at U.S. subsidiary Motiva
Saudi Aramco's delayed initial public offering is sidelining grand North American expansion plans at its U.S. refining subsidiary Motiva Enterprises LLC, people familiar with the matter said, at a time when its rivals grew their market share......»»
Online grocer Good Eggs on track for massive Bay Area expansion with plans to hire 1,000
The online marketplace pulled back on ambitious expansion plans several years ago, but is now ready to expand again with plans to hire more than 1,000 Bay Area workers......»»
Earnings Results: Uber posts 55% jump in first-quarter sales, plans to double down on growth
After releasing massive sales gains in its first-quarter results late Wednesday, Uber Technologies Inc. plans invest the better-than-expected gains back into the business and push even harder......»»