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Legal marijuana market now worth $64 billion

  • Oct. 6, 2022, 7:42 a.m.
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Data: Coresight Research; Note: Margin of error ±6 percentage points; Chart: Madison Dong/Axios Visuals The marijuana market has nearly tripled over the last three years as legalization sweeps the na

via www.axios.com

Russia and Saudi Arabia agree to massive cuts to oil output. Here's why it matters

  • Oct. 5, 2022, 8:42 p.m.
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Russia and Saudi Arabia agree to massive cuts to oil output. Here's why it matters Enlarge this image toggle caption Joe Klamar/AFP via Getty Images Joe Klamar/AFP via Getty Images The OPEC+ allianc

via www.npr.org

Ontario sold more than $400 million worth of cannabis in first three months of 2022

  • Oct. 5, 2022, 3:42 p.m.
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Ontario sold more than 63 million grams of legal cannabis in the first three months of 2022, representing over $405 million in sales. This amount—a 1.6% increase in sales and a 7.2% increase in total

via stratcann.com

Pressure Mounts for FDA Clarity on CBD

  • Oct. 5, 2022, 2:42 p.m.
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Nearly 4 years after the passage of the 2018 Farm Bill, which appeared to be the moment the CBD industry and its retail partners had been waiting for, there is still not a clear answer to how the FDA

via pranacbd.com

OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure

  • Oct. 5, 2022, 10:42 a.m.
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Oil prices have fallen to roughly $80 from over $120 in early June amid growing fears about the prospect of a global economic recession. Bloomberg | Getty Images A group of some of the world's most p

via www.cnbc.com

Businesses added 208,000 jobs in September, better than expected, ADP reports

  • Oct. 5, 2022, 6:42 a.m.
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The U.S. labor market showed strength in September, with private companies adding more jobs than expected, payroll services firm ADP reported Wednesday. Businesses added 208,000 for the month, better

via www.cnbc.com

Illinois Adult-Use Cannabis Sales Increase 1% Sequentially in September

  • Oct. 4, 2022, 5:42 p.m.
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Illinois adult-use cannabis sales of $130.7 million increased 1.0% sequentially in September despite one less day. Compared to a year ago, growth was a bit higher than the 6.2% rate in August, rising

via www.newcannabisventures.com

Elon Musk says he’ll buy Twitter, again, for $54.20 a share, again

  • Oct. 4, 2022, 2:42 p.m.
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Elon Musk will actually buy Twitter — for real this time — at $54.20 a share. Musk confirmed the offer in a filing with the Securities and Exchange Commission. In the SEC filing, he says he will “proc

via www.theverge.com

Job openings plunged by more than 1.1 million in August

  • Oct. 4, 2022, 11:42 a.m.
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The number of job openings plunged by more than a million in August, providing a potential early sign that the massive U.S. labor gap is beginning to close. Available positions totaled 10.05 million

via www.cnbc.com

Elon Musk offers to buy Twitter at original price days before trial: Sources

  • Oct. 4, 2022, 11:42 a.m.
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Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share, according to sources familiar with the matter. A deal could happen as soon as Friday, the sources added. Twitte

via www.cnbc.com

Consumer watchdog taking aim at ‘buy now, pay later’ lenders

  • Oct. 4, 2022, 8:42 a.m.
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× remaining of Thank you for reading! On your next view you will be asked to log in to your subscriber account or create an account and subscribepurchase a subscription to continue reading.

via www.thenewsenterprise.com

Rivian says it's on pace to meet 2022 goals after production grew 67% in the third quarter

  • Oct. 4, 2022, 7:42 a.m.
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Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company's manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Electric vehicle make

via www.cnbc.com

10 Gallons of Gas and a Free Joint: Tribal Pot Shops Thrive in New York

  • Oct. 4, 2022, 7:42 a.m.
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Smaller tribes like the Cayuga in central New York have also permitted sales, doing business out of the backs of gas stations, which have long been a reliable source of income for tribal governments.

via www.nytimes.com

'Tax people in this room' to help the poor, Shell CEO tells energy conference

  • Oct. 4, 2022, 5:42 a.m.
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Companies Shell PLC Follow LONDON, Oct 4 (Reuters) - European governments should tax corporates to help weaker parts of society weather soaring energy costs but not intervene to cap gas

via www.reuters.com

Nike to Open 200 Stores; Hiring for Real Estate, Retail Jobs: Report

  • Oct. 4, 2022, 4:42 a.m.
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Business Insider reports that Nike will open up to 200 stores in the United States and Europe, including its upcoming Nike Unite store in Downtown Silver Spring. The stores, which offer digital techn

via www.sourceofthespring.com

Americans struggle to pay utilities as energy prices surge

  • Oct. 3, 2022, 1:42 p.m.
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Millions of Americans are struggling to cope with rising electricity and natural gas prices as sky-high inflation continues to dent their finances. About 20% of U.S. households have missed or made a

via www.cbsnews.com

Credit Suisse shares tank 10% on restructuring, capital concerns

  • Oct. 3, 2022, 6:42 a.m.
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Shares of Credit Suisse plunged nearly 10% in Europe's morning session, after the Financial Times reported the Swiss bank's executives are in talks with its major investors to reassure them amid risin

via www.cnbc.com

Porsche Shares Drop Below IPO Price Within Days of Making Debut

  • Oct. 3, 2022, 6:42 a.m.
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(Bloomberg) -- Porsche AG stock traded below the price it debuted at last week, succumbing to the market pressures Volkswagen AG defied by going ahead with Europe’s biggest initial public offering in

via finance.yahoo.com

Elon Musk’s Texts Shatter the Myth of the Tech Genius

  • Oct. 3, 2022, 6:42 a.m.
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Yesterday, the world got a look inside Elon Musk’s phone. The Tesla and SpaceX CEO is currently in litigation with Twitter and trying to back out of his deal to buy the platform and take it private. A

via www.theatlantic.com

Credit Suisse shares tank 10% on restructuring, capital concerns

  • Oct. 3, 2022, 5:42 a.m.
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Shares of Credit Suisse plunged nearly 10% in Europe's morning session, after the Financial Times reported the Swiss bank's executives are in talks with its major investors to reassure them amid risin

via www.cnbc.com

Resilient US consumers spend slightly more in August

  • Oct. 3, 2022, 1:42 a.m.
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Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as inflation lifts prices for food, rent, and other essentials WASHINGTON -- Consumers spent a bit

via abcnews.go.com

Credit Suisse executives reassure investors after CDS spike, Financial Times reports

  • Oct. 2, 2022, 8:42 p.m.
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Oct 2 (Reuters) - Credit Suisse (CSGN.S) executives spent the weekend reassuring large clients, counterparties and investors about its liquidity and capital position, the Financial Times

via www.reuters.com

India's Wealth Factory

  • Oct. 2, 2022, 10:42 a.m.
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"If your only goal is to become rich, you will never achieve it." — John Davison Rockefeller. These pearls of wisdom by American oil magnate and modern history's first billionaire, in a sense, defin

via www.fortuneindia.com

Starbucks workers have unionized at record speed; many fear retaliation now

  • Oct. 2, 2022, 5:42 a.m.
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Starbucks workers have unionized at record speed; many fear retaliation now Enlarge this image toggle caption Jason Redmond/AFP via Getty Images Jason Redmond/AFP via Getty Images Starbucks workers

via www.npr.org

Tencent shifts focus to majority deals, overseas gaming assets for growth

  • Oct. 1, 2022, 7:42 a.m.
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HONG KONG, Oct 1 (Reuters) - Tencent is resetting its M&A strategy to put more focus on buying majority stakes mainly in overseas gaming companies, as the tech giant eyes global expansio

via www.reuters.com

U.S. consumers spurn cars, couches and cruises, results show

  • Oct. 1, 2022, 6:42 a.m.
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Sept 30 (Reuters) - U.S. consumers are exhibiting fragility ahead of the peak period for corporate results next month, as some are struggling to pay bills and others are slowing purchase

via www.reuters.com

If you feel like a misguided freak

  • Sept. 30, 2022, 2:42 p.m.
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Especially at this stage I feel goofy. I have $0 coming in and I'm calling myself a founder, it feels like cosplay. And maybe it is, fuck it. I'll fake it till I make it. I'll keep waking up early un

via www.reddit.com

Nursing homes, senior living facilities driving healthcare bankruptcies

  • Sept. 30, 2022, 12:42 p.m.
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Healthcare bankruptcies are on the rise, led by the long-term care sector, research by the consluting firm Gibbins Advisors shows. From 2021 through June 2022, 30 senior care providers declared bankr

via www.modernhealthcare.com

As Cannabis Goes Mainstream, Opportunity Grows for Traditional Retailers

  • Sept. 30, 2022, 11:42 a.m.
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Cannabis is in growth mode: the industry posted sales between $24.5 and $27 billion in 2021 and reached an estimated 11,800 retailers in 2022, according to data from the MJBiz Factbook. A Gallup poll

via www.retailtouchpoints.com

Dutch inflation leaps to 17%, boosted by high energy prices

  • Sept. 30, 2022, 5:42 a.m.
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AMSTERDAM, Sept 30 (Reuters) - Inflation in the Netherlands jumped in September to its highest in decades, driven by skyrocketing energy prices, the statistics agency (CBS) said on Frida

via www.reuters.com

Singapore firms see 54 cybersecurity incidents daily, struggle to keep up

  • Sept. 30, 2022, 2:42 a.m.
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The cybersecurity threat landscape is evolving so quickly companies in Singapore are finding it tough to keep up. Half feel "inundated" by an endless stream of cyber attacks, describing this as one of

via www.zdnet.com

Germany will borrow $200 billion to cap consumers' energy bills

  • Sept. 29, 2022, 6:42 p.m.
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London CNN Business — The German government announced plans to borrow €200 billion ($195 billion) to cap natural gas prices for households and businesses. That’s a bigger price tag than the £150 bill

via edition.cnn.com

Arkansas Marijuana Legalization Initiative Could Generate Nearly $1 Billion In Sales Every Year, Analysis Finds

  • Sept. 29, 2022, 10:42 a.m.
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If Arkansas voters approve a marijuana legalization initiative on the ballot this November, the market could see nearly $1 billion in annual cannabis sales and more than $460 million in tax revenue ov

via www.marijuanamoment.net

Wall Street tumbles on growing concerns over economic growth

  • Sept. 29, 2022, 8:42 a.m.
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Summary Summary Companies Indexes set to erase nearly all of previous session gains Airlines, cruises fall on cancellations due to Hurricane Ian Indexes down: Dow 1.58%, S&P 1.97%, Nasdaq 2.58%

via www.reuters.com

Costco Says Hot Dog-Drink Combo Will Cost $1.50 'Forever'

  • Sept. 29, 2022, 7:42 a.m.
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Food prices got you down? There's some good news, thanks to warehouse-store Costco. The store is famous for its hot dog and drink combination, sold at its in-store food counter for just $1.50. And eve

via www.cnet.com

Why computer chips are at the center of tensions over Taiwan

  • Sept. 29, 2022, 4:42 a.m.
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In a single day, we interact with hundreds of computer chips, most no larger than a penny. These tiny circuits power everything from smartphones and laptops to medical devices and electric vehicles, a

via www.vox.com
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