Roche Buys U.S. Gene Sequencing Tech Company Stratos Genomics - Financial Post


## [Google’s ad dominance could lead to antitrust probe: Yale professor: Barbara Shecter](https://business.financialpost.com/news/googles-ad-dominance-could-lead-to-antitrust-probe-yale-professor)
> 'Virtually all roads lead through Google,' to the detriment of consumers and businesses
## [Three reasons why you shouldn’t put off your estate planning: Postmedia](https://business.financialpost.com/personal-finance/taxes/three-reasons-why-you-shouldnt-put-off-your-estate-planning)
> Estate planning can be a positive experience with the right resources.
## [Downsizing in decimated Alberta housing market the key to securing this senior’s retirement: Andrew Allentuck](https://business.financialpost.com/personal-finance/downsizing-in-decimated-alberta-housing-market-the-key-to-securing-this-seniors-retirement)
> Sarah’s retirement plans are complicated by the downturn in the Alberta property market
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## [UPDATE 2-China drops GDP goal, vows spending as virus overshadows parliament: Reuters](https://business.financialpost.com/news/economy/update-2-china-drops-gdp-goal-vows-spending-as-virus-overshadows-parliament)
> (Adds comments from economists) By Kevin Yao and Judy Hua BEIJING, May 22 (Reuters) — China dropped its annual growth target for the first time on Friday and pledged more government spending as the COVID-19 pandemic hammers the world’s second-biggest economy,…
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## [Roche buys U.S. gene sequencing tech company Stratos Genomics - Financial Post: ](https://business.financialpost.com/pmn/business-pmn/roche-buys-u-s-gene-sequencing-tech-company-stratos-genomics)
> ZURICH — Pharmaceutical group Roche has acquired U.S.-based Stratos Genomics to further develop DNA-based sequencing for diagnostic use, it said on Friday.“The acquisition provides Roch…
## [How the Bank of Canada could play a role in saving oilsands companies — and the environment: Kevin Carmichael](https://business.financialpost.com/news/economy/how-the-bank-of-canada-could-play-a-role-in-saving-oilsands-companies-and-the-environment)
> Kevin Carmichael: As a neutral voice, it could put the spotlight on the need to buoy green policies just as it is doing for the oilpatch
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## [Lululemon Hits Record on High Hopes for Athleisure Trend: Bloomberg News](https://business.financialpost.com/news/retail-marketing/lululemon-hits-record-on-high-hopes-for-athleisure-trend)
> (Bloomberg) — Lululemon Athletica Inc. notched an all-time high Thursday after shares climbed 92% from a low in March as Wall Street bet that those working from home would purchase more athleisure wear.The company’s product categories are in the sweet spot ri…
## [CERB-like mechanism could help country respond to future economic shocks: Poloz: The Canadian Press](https://business.financialpost.com/news/economy/cerb-like-mechanism-could-help-country-respond-to-future-economic-shocks-poloz)
> Bank of Canada governor says such a program would help because the central bank will likely have less policy room to manoeuvre when the next shock rolls around
## [The unintended consequences of doubling the minimum down payment on a house - Financial Post: ](https://business.financialpost.com/real-estate/mortgages/the-unintended-consequences-of-doubling-the-minimum-down-payment-when-buying-a-house)
>
  1. The unintended consequences of doubling the minimum down payment on a house  Financial Post
  2. The Canadian government kneecapping its own housing market is unprecedented  ForexLive
  3. CMHC's Gloomy Outlook: Up to 18% Drop in Home Prices…
    ## [Nightclub king scrambles to salvage his empire as social distancing pummels hospitality sector: Vanmala Subramaniam](https://business.financialpost.com/news/retail-marketing/nightclub-king-charles-khabouth-salvage-empire-social-distancing-pummels-hospitality-sector)
    > 'Shocking, sad, draining, straining: I don’t have a good adjective for this,' Charles Khabouth says after lockdown halts business virtually overnight
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    ## [UPDATE 1-Amazon pushes Prime Day to September as it returns to normalcy – WSJ: Reuters](https://business.financialpost.com/news/retail-marketing/update-1-amazon-pushes-prime-day-to-september-as-it-returns-to-normalcy-wsj)
    > (Adds background) May 21 (Reuters) — Amazon.com Inc is scheduling its annual Prime Day shopping event for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported on Thursday, citing people familiar wit…
    ## [Shopify is joining Twitter in permanent work-from-home: Bloomberg News](https://business.financialpost.com/technology/shopify-is-joining-twitter-in-permanent-work-from-home)
    > Canadian e-commerce giant will allow its 5,000 employees to work from home indefinitely
    ## [Two Albert Einsteins on saving and investing for retirement: Leigh Taveroff](https://business.financialpost.com/personal-finance/taxes/two-albert-einsteins-on-saving-and-investing-for-retirement)
    > It’s time to begin building your nest egg today
    ## [U.S. secures 300 million doses, almost a third, of potential AstraZeneca COVID-19 vaccine: Reuters](https://business.financialpost.com/technology/u-s-secures-300-million-doses-of-potential-astrazeneca-covid-19-vaccine-3)
    > First deliveries due to begin in September
    ## [This millennial is banking his CERB cheques in the hopes of finally getting a place of his own: Victor Ferreira](https://business.financialpost.com/personal-finance/family-finance/millennial-money/this-millennial-is-banking-his-cerb-cheques-in-the-hopes-of-finally-getting-a-place-of-his-own)
    > With only a total of $5,792 to his name, this millennial dreams of moving out of his dad's house and leaving the city
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    ## [UPDATE 1-Canada Goose lays off 125 workers: Reuters](https://business.financialpost.com/news/retail-marketing/update-1-canada-goose-lays-off-125-workers)
    > (Adds statement from Canada Goose, changes sourcing throughout) May 20 (Reuters) — Retailer Canada Goose Holdings Inc said on Wednesday it has laid off 125 workers, about 2.5% of its global workforce, as part of steps to cope with the impact of COVID-19 on it…
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    ## [Canadian banks to see Q2 earnings drop 36% on COVID-19 hit: Reuters](https://business.financialpost.com/news/fp-street/canadian-banks-to-see-q2-earnings-drop-36-on-covid-19-hit)
    > TORONTO — Canada’s biggest banks are expected to see second-quarter profit slide by more than a third from a year ago, hit by a jump in loan-loss provisions due to the COVID-19 outbreak and margin pressure from decade-low interest rates. Analysts on average f…
    ## [Canadian bank earnings expected to drop by 36% in Q2: Reuters](https://business.financialpost.com/news/fp-street/canadian-banks-to-see-q2-earnings-drop-36)
    > One analyst warns of 'lagged, yet material, insolvencies and defaults that will carry forward for several quarters'
    ## [Economic shutdown forces dealmakers to play short-term hardball as long-term changes loom: Barbara Shecter](https://business.financialpost.com/news/fp-street/economic-shutdown-forces-dealmakers-to-play-short-term-hardball-as-long-term-changes-loom)
    > Spiked deals more common now and any completed M&A stands out — a stark contrast to what had been one of the longest dealmaking bull runs
    ## [Five digital skills that can give you a competitive edge in the job market: Postmedia](https://business.financialpost.com/personal-finance/taxes/five-digital-skills-that-can-give-you-a-competitive-edge-in-the-job-market)
    > While it's a scary time for many, it can also be a time of reflection and self-improvement.
    [news curation]@wakanda-forever

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