Ciara Linnane
Ciara Linnane
Companies and investing editor, MarketWatch.com. Views my own, obv. Dubliner. Also, I don't own any individual stocks.Source
New York, United States
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New York Gov. Cuomo says President Trump has put politics above public health throughout pandemic

New York Gov. Cuomo says President Trump has put politics above public health throughout pandemic

New York Gov. Andrew Cuomo issued a scathing critique of President Donald Trump’s handling of the coronavirus pandemic on Monday, saying he has denied the reality of the situation from Day 1:‘He said it doesn’t exist, it’s going to go away, by Easter we’ll be reopened, it’s going to go away like a miracle. It didn’t go away, there was no miracle — he denied reality.’“The federal government,” Cuomo said at a press briefing, “is committing gross negligence.”A key factor, according to Cuomo, is that Trump is putting a political agenda over public health policy.“It’s politically inconvenient in...

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Ciara Linnane
2d ago
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Coronavirus update: Global death hits 300,000; poll finds most Americans disapprove of Trump’s handling of crisis

Coronavirus update: Global death hits 300,000; poll finds most Americans disapprove of Trump’s handling of crisis

The global on Thursday, while, in the U.S., a new poll found the majority of Americans disapprove of President Donald Trump’s handling of the pandemic.The poll, conducted by Global Strategy Group on behalf of found 57% think the response so far only benefits Trump and big companies, and, while there is strong support for the $2 trillion stimulus package, 59% of those polled said it does more for companies than individuals. And 69% of those surveyed said Trump is not being transparent enough with how taxpayer dollars are being distributed.“To put it mildly, the American public is not pleased...

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Ciara Linnane
May 14
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Coronavirus update: U.S. death toll tops 73,000, as Trump administration shelves ‘too cautious’ CDC guide to reopening

Coronavirus update: U.S. death toll tops 73,000, as Trump administration shelves ‘too cautious’ CDC guide to reopening

The number of U.S. fatalities from the coronavirus that causes the disease COVID-19 climbed above 73,000 on Thursday, as President Donald Trump’s administration reportedly confirmed on reopening safely because they were too cautious.The Associated Press was first to report that the government had rejected the advice of its own public health agency and had told the CDC a draft guide on reopening schools, restaurants, summer camps, churches, day-care centers and more “would never see the light of day.” The recommendations included detailed flow charts to be used by local officials.The news...

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Ciara Linnane
May 7
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Coronavirus update: 1.89 million cases worldwide, 118,304 deaths; and Trump attacks Dr. Fauci and the New York Times

Coronavirus update: 1.89 million cases worldwide, 118,304 deaths; and Trump attacks Dr. Fauci and the New York Times

The U.S. death toll from COVID-19 rose above 22,000 on Monday, as President Donald Trump railed against the nation’s top infectious disease expert for suggesting more lives could have been saved if restrictions on movement had been imposed earlier.Trump on Sunday and that detailed how he was warned about the likelihood of a global pandemic but repeatedly resisted the advice of health care and intelligence experts.In an interview with CNN, Fauci conceded that “logically” fewer people would have been infected if stay-at-home and social-distancing measures had been imposed in February, instead...

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Ciara Linnane
Apr 13
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AMC Theatres launches streaming service in latest blow to Netflix

AMC Theatres launches streaming service in latest blow to Netflix

ShareAMC is the first cinema chain to launch a streaming service, adding to a wave of new competition from Disney, Apple and othersIn the latest blow to Netflix Inc., AMC Theatres, the biggest cinema chain in the world, said Tuesday it is launching a streaming service that will allow members of its loyalty program to rent or buy films and watch them at home, the first such offering from a cinema operator. The 20 million-plus U.S. households that have signed up to the company’s AMC Stubs program will be able to access about 2,000 films from every major studio, starting Tuesday. Later in the...

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Ciara Linnane
Oct 21
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‘Don’t smoke the Kool-Aid,’ analyst says in sober note on the cannabis sector

‘Don’t smoke the Kool-Aid,’ analyst says in sober note on the cannabis sector

MKM analyst Bill Kirk slaps sell ratings on Curaleaf and Aurora Cannabis, but says Acreage Holdings and Hexo are a buyMKM Partners initiated coverage of five Canadian cannabis companies and two U.S. multi-state operators on Friday with a cautious outlook, arguing that the current business model of cultivation will become commoditized and make it difficult for companies to build strong brands. In a note entitled, “Don’t Smoke the Kool-Aid,” analyst Bill Kirk, an executive director at MKM, said supply will likely exceed consumer spending growth, which will pressure existing business models....

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Ciara Linnane
Sep 22
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