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Short-Seller Left ‘Didn’t Make Much Sense,’ Cronos CEO Testifies
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Short-Seller Left ‘Didn’t Make Much Sense,’ Cronos CEO Testifies

Bloomberg.com·Laura Benitez·20 days ago
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The chief executive officer of a Canadian cannabis distributor told jurors at the US criminal trial of Citron Research founder Andrew Left he was stunned when the prominent short-seller issued a report saying the company was overvalued, prompting shares…

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Tech Firm CGI Picks Tim Hurlebaus as CEO After AI Fears Crush Share Price
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Tech Firm CGI Picks Tim Hurlebaus as CEO After AI Fears Crush Share Price

Bloomberg.com·Mathieu Dion·20 days ago
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Canadian IT consulting firm CGI Inc. appointed a new chief executive officer after the company’s share price tumbled about 40% in a year, largely due to concerns about disruption from artificial intelligence upstarts such as Anthropic PBC.

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United Parks Loss Widens as Geopolitics Weigh on Visitor Numbers
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United Parks Loss Widens as Geopolitics Weigh on Visitor Numbers

Bloomberg.com·Judy Lagrou·21 days ago
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Shares of United Parks and Resorts Inc. fell after it reported a bigger-than-expected quarterly loss on Monday as attendance slipped due to fewer international visitors and unfavorable weather at its SeaWorld, Busch Gardens and Sesame Place theme parks.

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