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Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

  • Aug. 6, 2022, 9:42 a.m.
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Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha,

via www.reuters.com

The Theory of Additive Manufacturing

  • Aug. 6, 2022, 7:42 a.m.
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The Theory of Additive Manufacturing Automation, Robotics, and AI in the 21st Century The following was written by an AI “The technology of additive manufacturing is a natural fit for the 21st cent

via medium.com

California regulator claims Tesla falsely advertised Autopilot, Full Self-Driving

  • Aug. 5, 2022, 8:42 p.m.
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A logo of the electric vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021. REUTERS/Tingshu Wang WASHINGTON/NEW YORK Aug 5 (Reuters) - Tesla Inc (TSLA.O), the electr

via www.reuters.com

Amazon hoovers up Roomba-maker iRobot in $1.7 billion all-cash deal

  • Aug. 5, 2022, 7:42 p.m.
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Listen 5 min Comment on this story Comment Gift Article Share Amazon devices are listening, watching and will soon be cleaning up after you. The e-commerce giant will acquire iRobot — best known for

via www.washingtonpost.com

New Mexico posts best month of cannabis sales with $40.3 million in July

  • Aug. 5, 2022, 5:42 p.m.
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New Mexico’s cannabis market is gathering steam, with sales figures for July the strongest since the adult-use program launched in April. During the month, retailers sold a total of $40.3 million wor

via mjbizdaily.com

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  • Aug. 5, 2022, 12:42 p.m.
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Become an FT subscriber to read: Leverage our market expertise Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Join over 300,000 Fin

via www.ft.com

Hacked crypto startup Nomad offers a 10% bounty for return of funds after $190 million attack

  • Aug. 5, 2022, 10 a.m.
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Over $2 billion has been stolen from cross-chain bridges so far this year, according to crypto analysis firm Chainalysis Crypto company Nomad said it's offering hackers a bounty of up to 10% to retri

via www.cnbc.com

US economy adds 528,000 jobs, far outpacing expectations

  • Aug. 5, 2022, 7:42 a.m.
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US economy adds 528,000 jobs, far outpacing expectations A worker and a shopper are seen wearing masks at a Walmart store, in North Brunswick, New Jersey, July 20, 2020. A worker and a shopper are s

via abc7chicago.com

Amazon to Acquire Roomba Maker iRobot in $1.7 Billion Deal

  • Aug. 5, 2022, 7:42 a.m.
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What's happening Amazon is buying Roomba maker iRobot. Why it matters Owning iRobot will allow Amazon to expand its device portfolio, making it more competitive in its bid to become the top smart home

via www.cnet.com

‘There’s no path out of economic oblivion for Russia’: New report reveals how corporate exodus has already wiped out decades of post–Cold War growth

  • Aug. 5, 2022, 7:42 a.m.
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Over the past six months, Russia has fortified its economic defenses after Western countries pummeled it with sanctions over its invasion of Ukraine. Despite the crackdown, the Kremlin continues to r

via news.yahoo.com

Work stoppages and no chatting at lunch: Japan Inc grapples with COVID

  • Aug. 5, 2022, 6:42 a.m.
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People wearing protective masks make their way amid the coronavirus disease (COVID-19) pandemic at a business district in Tokyo, Japan August 4, 2020. REUTERS/Kim Kyung-Hoon TOKYO, Aug 5 (Reuters) -

via www.reuters.com

Coinbase shares soar 10% in boost from meme traders, BlackRock crypto deal

  • Aug. 5, 2022, 3:42 a.m.
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In this article COIN BLK Shares of Coinbase soared Thursday after the crypto exchange announced a partnership with BlackRock that will allow its institutional clients to buy bitcoin. Coinbase shares

via www.cnbc.com

Weekly jobless claims rise to 260,000 ahead of nonfarm payrolls report

  • Aug. 4, 2022, 9:42 p.m.
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Initial claims for unemployment insurance totaled 260,000 last week, near the highest level since November amid a shift in the U.S. labor market. The total for the week ended July 30 was in line with

via www.cnbc.com

Warner Bros. Discovery: HBO Max & Discovery+ Combined Streamer To Launch In U.S. In Summer 2023

  • Aug. 4, 2022, 4:42 p.m.
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Warner Bros. Discovery expects to launch its combined HBO Max/Discovery+ streaming service in the U.S. next summer. JB Perrette, CEO and President, Global Streaming and Interactive at WBD, revealed t

via deadline.com

Kyrsten Sinema Is Demanding Democrats Keep A Tax Break For The Super-Wealthy

  • Aug. 4, 2022, 11:42 a.m.
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Sen. Kyrsten Sinema (D-Ariz.) wants Democrats to drop a provision tightening a tax loophole associated with hedge fund managers and private equity executives from their $740 billion package enacting P

via www.huffpost.com

Oil Falls Below $90 for First Time Since War as Demand Slows

  • Aug. 4, 2022, 9:42 a.m.
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(Bloomberg) -- Oil extended declines to the lowest in almost six months as weaker US gasoline demand and recessionary fears weighed on markets. Most Read from Bloomberg West Texas Intermediate fell

via finance.yahoo.com

Ongoing solana attack targets thousands of crypto wallets, costing users more than $5 million so far

  • Aug. 4, 2022, 7:42 a.m.
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Starting Tuesday evening, multiple users began reporting that assets held in "hot" wallets — that is, internet-connected addresses, including Phantom, Slope and Trust Wallet — had been emptied of fund

via www.cnbc.com

How landlords are evading taxes and fueling the housing crisis

  • Aug. 4, 2022, 6:42 a.m.
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Opaque ownership laws that make it easier for property owners to avoid paying taxes are compounding a national housing crisis fueled by inflation and a shortage of low- and moderate-income homes. Lim

via thehill.com

Homeless, suicidal, down to last $1,000: Celsius investors beg bankruptcy judge for help

  • Aug. 4, 2022, 6:42 a.m.
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Celsius Network, once a titan of the crypto lending world, is in bankruptcy proceedings and facing down claims that it was running a Ponzi scheme by paying early depositors with the money it got from

via www.cnbc.com

Lucid Motors will barely make any EVs this year as it slashes production goals again

  • Aug. 3, 2022, 11:42 p.m.
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Luxury electric vehicle maker Lucid Motors is slashing its production forecast for 2022 for the second time this year. The Newark, California-based company announced it was revising its production exp

via www.theverge.com

Walmart lays off corporate employees after slashing forecast

  • Aug. 3, 2022, 8:42 p.m.
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Walmart has begun to lay off corporate employees, the company confirmed Wednesday, about a week after it slashed its profit outlook and warned that consumers had pulled back on discretionary spending

via www.cnbc.com

Illinois Marijuana Sales Hit $135 Million In July, Second Highest Total Since Adult-Use Market Launch

  • Aug. 3, 2022, 5:42 p.m.
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Illinois retailers sold more than $135 million worth of adult-use marijuana in July, the largest monthly sales total so far in 2022 and the second biggest month since sales first launched, the Illinoi

via www.marijuanamoment.net

Price matching, loyalty programs adding to race for lowest cannabis prices

  • Aug. 3, 2022, 12:42 p.m.
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TORONTO - It’s hard to miss the smattering of cannabis store signs aiming to lure in customers with deep discounts and flashy membership programs along the stretch of Front Street East leading to Toro

via www.thestar.com

Amazon pauses 18 warehouses in 12 states, bringing total site changes to over 40

  • Aug. 3, 2022, 12:42 p.m.
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After expanding its fulfillment network during the pandemic, Amazon has delayed or canceled the launch of over a dozen warehouses across the country, a company spokesperson confirmed. Amazon’s distri

via www.msn.com

Illegal cannabis farms raking in billions for cartels are being destroyed in California

  • Aug. 3, 2022, 8:42 a.m.
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California officials are destroying hundreds of illegal marijuana farms worth billions of dollars to drug cartels every year. With a U.S. Drug Enforcement Agency grant and a strict state licensing re

via www.washingtonexaminer.com

How the U.S. lost the Next Big Thing to China — again

  • Aug. 3, 2022, 6:42 a.m.
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How the U.S. lost the Next Big Thing to China — again Enlarge this image toggle caption Jovelle Tamayo for NPR Jovelle Tamayo for NPR When a group of engineers and researchers gathered in a warehous

via www.npr.org

China blocks some Taiwan imports but avoids chip disruptions

  • Aug. 3, 2022, 5:42 a.m.
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FILE - Customers buy fruit at a stall in Taipei, Taiwan, Sept. 20, 2021. China has blocked imports of citrus and fish from Taiwan in retaliation for a visit to the self-ruled island by a top American

via apnews.com

Michael Saylor steps down as MicroStrategy CEO, company takes $917 million charge on bitcoin

  • Aug. 3, 2022, 5:42 a.m.
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MicroStrategy (MSTR) announced on Tuesday its founder and CEO Michael Saylor will step down from the top job and take a new post as executive chairman, focused on the company's bitcoin strategy. Phon

via finance.yahoo.com

I’m so over customer experience surveys – TechCrunch

  • Aug. 2, 2022, 10:42 p.m.
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I’m sick and tired of being surveyed after every interaction with anyone these days, whether it’s my dentist, an airline or Home Depot. A few weeks ago, I bought a spray nozzle for $5. I got an email

via techcrunch.com

SEC: Crypto fraudsters raised $300M with “textbook pyramid and Ponzi scheme”

  • Aug. 2, 2022, 2:46 p.m.
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The US Securities and Exchange Commission yesterday filed a lawsuit against 11 people accused of creating and promoting a crypto pyramid and Ponzi scheme known as "Forsage." The fraudulent scheme "rai

via arstechnica.com

California cannabis consumption lounges poised for takeoff

  • Aug. 2, 2022, 12:47 p.m.
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The long-awaited debut of sit-down cannabis consumption lounges throughout California appears to have arrived, and industry experts predict these venues will expand exponentially in the next few years

via mjbizdaily.com

Job openings fell sharply in June as labor market shows signs of slowing

  • Aug. 2, 2022, 10:42 a.m.
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A man walks past a "We Are Hiring" sign in New York City on July 8, 2022. Job openings plunged in June to their lowest level since September 2021 in a potential sign that a historically tight labor m

via www.cnbc.com

Uber turns cash flow positive for the first time in bumper quarter

  • Aug. 2, 2022, 6:42 a.m.
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Uber turns cash flow positive for the first time in bumper quarter FILE PHOTO: A passenger walks near Uber signage after arriving at Los Angeles International Airport (LAX) in Los Angeles By Nivedita

via ca.finance.yahoo.com

Canadian cannabis industry eyeing U.S. push for marijuana legalization - National

  • Aug. 2, 2022, 6:42 a.m.
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Send this page to someone via email The surprise climate spending bill isn’t the only piece of marquee legislation in the U.S. Senate that’s getting a lot of Canadian attention. U.S. lawmakers are a

via globalnews.ca

Cannabis cafes the latest addition to Thailand's tourism offerings

  • Aug. 2, 2022, 5:42 a.m.
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The RG420 cannabis cafe opened just four days ago in Khao San, an area of Bangkok popular with backpackers - and already it's crammed with customers. Several such outlets have sprung up across the ca

via www.cnn.com

Apple drops mask requirements for most of its corporate workers - The Verge

  • Aug. 2, 2022, 2:42 a.m.
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People await the start of a product launch event at Apple's new campus in Cupertino, California, U.S. September 12, 2017. REUTERS/Stephen Lam Aug 1 (Reuters) - Apple Inc is dropping its mask mandate

via www.reuters.com
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