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Apple, Netflix, Biogen, Canopy Growth and more

A Biogen facility in Cambridge, Massachusetts.Brian Snyder | ReutersCheck out the companies making headlines in midday trading.Apple — Apple shares fell 3.4% on Wednesday following a report that the company is ditching plans to boost new iPhone production. Instead of aiming to increase output by 6 million units in the second half of the year as…
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Unitil announces 77% rate increase

Unitil has requested approval of a rate hike from the New Hampshire Public Utilities Commission, saying it has to raise costs over the winter.Unitil is the latest utility company to make such a request after other utilities announced rate hikes over the summer. The company is on a different buying schedule, which is why it's filing later…
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Former MoviePass Execs Sued by SEC

Mitch Lowe, left, and Ted Farnsworth, right, were execs for MoviePass and parent company HMNY, respectively. They were at the head of decision making when MoviePass started using abusive tactics to limit their app’s use among its most fervent users.Photo: Dave Kotinsky/Getty Images (Getty Images)The story of MoviePass’ downfall is a rerun that
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