A look at where companies stand on marijuana business | AP business

The president and CEO of Cronos , Mike Gorenstein, says the agreement with Altria will give the Toronto-based company the resources to expand more quickly and increase its investments in research and development. Constellation brands said at the t... More..

by | Published 1 days ago
Saudi Arabia works on convincing Russian Federation to join oil cuts
by | Friday, December 07, 2018

Saudi Arabia works on convincing Russian Federation to join oil cuts

We have to get the non-OPEC countries on board. Iraqi Oil Minister Thamer Ghadhban said Iraq, which is OPEC's second-largest producer behind Saudi Arabia , would support and join a cut. The alliance has tran...More..

China to 'immediately' implement United States trade truce measures
by | Friday, December 07, 2018

China to 'immediately' implement United States trade truce measures

White House aides have struggled to explain the details of what the two countries actually agreed on. Murphy fired off his own tweet , asking: "So the "win" is that the Chinese start buying the stuff they s...More..

US, China declare 90-day halt to new tariffs, White House says
by | Thursday, December 06, 2018

US, China declare 90-day halt to new tariffs, White House says

Trump made the announcement in a tweet late Sunday in the United States, saying Beijing will "reduce and remove" the tariffs , which now stand at 40%. China reaffirmed that the agreement held "great signific...More..

World waits to see if Trump, Xi reach 'ceasefire'
by | Sunday, December 02, 2018

World waits to see if Trump, Xi reach 'ceasefire'

Argentine President Mauricio Macri, who was also the term president for the summit, welcomed guests, including 19 world leaders and European Union representatives. Over their meal, following the conclusion of t...More..

Fed Chair’s comments on slower hikes to boost EMs
by | Saturday, December 01, 2018

Fed Chair’s comments on slower hikes to boost EMs

Powell unnerved investors on October 3 when he said in an unscripted comment that Fed policy probably was "a long way from neutral" and might eventually have to turn restrictive. He said of Mr Greenspan, ...More..

Trump warns GM could lose subsidies over layoffs
by | Saturday, December 01, 2018

Trump warns GM could lose subsidies over layoffs

Trump tweeted his warning Tuesday, a day after GM announced it would shutter five plants and slash 14,000 jobs in North America. Sherrod Brown hold at least one common goal: getting General Motors (GM) to...More..

Saudi crown prince visits Tunisia amid Khashoggi protests
by | Wednesday, November 28, 2018

Saudi crown prince visits Tunisia amid Khashoggi protests

President Abdel Fatah al-Sisi received on Monday, Nov. 26 Bin Salman upon his arrival at Cairo International Airport. According to Al-Arabiya, they held closed-door bilateral talks. The crown prince - als...More..

Final Brexit deal within our grasp: May
by | Friday, November 23, 2018

Final Brexit deal within our grasp: May

Existing travel links by plane, train and road will also be preserved beyond the Brexit transition. British Prime Minister Theresa May will return to Brussels on Saturday to hammer out an outline of Britai...More..

Bitcoin Cash ABC [IOU] (BCHABC) Traded 43.3% Reduced This Week
by | Wednesday, November 21, 2018

Bitcoin Cash ABC [IOU] (BCHABC) Traded 43.3% Reduced This Week

The difference in market cap between ETH and XRP is now over $4 billion. Other cryptocurrencies also fell sharply, with Ethereum's ether losing 10 percent and Ripple's XRP down 13 percent in a largely...More..

Amazon chooses LIC and Crystal City for HQ2
by | Wednesday, November 14, 2018

Amazon chooses LIC and Crystal City for HQ2

It's official. Amazon on Tuesday announced New York City and Arlington, Virginia , as the locations for new headquarters. "We expect HQ2 to be a full equal to our Seattle headquarters", said Jef...More..

MI voters legalize recreational marijuana
by | Thursday, November 08, 2018

MI voters legalize recreational marijuana

MI voters said "Yes" to Proposal 1 , making the state the first in the Midwest to legalize recreational cannabis cultivation and use for those 21 years of age and older. The latest figure marks the third conse...More..

Amazon just announced its best Black Friday deal: Free shipping on everything
by | Tuesday, November 06, 2018

Amazon just announced its best Black Friday deal: Free shipping on everything

Amazon .co.uk will lead the way as usual, and is promising big things already. This experience is open from November 22 to November 25, with doors open for 24 hours on Black Friday itself. Amazon is now cour...More..

Apple Will Not Disclose The Number Of Units Sold From Next Quarter
by | Monday, November 05, 2018

Apple Will Not Disclose The Number Of Units Sold From Next Quarter

Analysts were looking for $92.7 billion, according to data compiled by Bloomberg . When asked to clarify the company's decision not to publish unit shipments, Apple CEO Tim Cook said: "This is a little b...More..

Oil prices fall 2 percent on rising supply and trade war
by | Saturday, November 03, 2018

Oil prices fall 2 percent on rising supply and trade war

Saudi Arabia raised production by 150,000 barrels a day to 10.68 million a day, the highest in Bloomberg data going back to 1962, while Iranian volumes slipped by 10,000 barrels a day to 3.42 million. On Thur...More..

Nasdaq confirms correction while S&P 500 and Dow erase 2018 gains
by | Monday, October 29, 2018

Nasdaq confirms correction while S&P 500 and Dow erase 2018 gains

Two other giant USA companies, Amazon and Alphabet , will report their third-quarter results after the close of trading. The S&P 500 fell 15.19 points, or 0.6 percent, to 2,740.69. Brent crude, the benchmar...More..

China Is Minting Billionaires at a Furious Pace
by | Monday, October 29, 2018

China Is Minting Billionaires at a Furious Pace

Thanks to a strong currency development, Western Europe had strong wealth growth over the past year. 'But this is just the beginning. The world's billionaires experienced the biggest wealth increase ever in...More..

Seven $10K Winning Mega Millions Tickets Sold In Minnesota
by | Thursday, October 25, 2018

Seven $10K Winning Mega Millions Tickets Sold In Minnesota

It was one of eight tickets sold in California that matched five of six numbers, according to the California lottery . The other winning ticket in MA has not yet been claimed. The victor can take $913 millio...More..

Erdogan: Khashoggi killers won't escape justice
by | Thursday, October 25, 2018

Erdogan: Khashoggi killers won't escape justice

That comment contradicts Saudi accounts that Khashoggi, a USA permanent resident and Washington Post columnist who had written critically of Saudi Arabia's crown prince, died accidentally in a "fistfight" in ...More..

Winning the Mega Millions lottery? Here’s how much you’ll really keep
by | Thursday, October 25, 2018

Winning the Mega Millions lottery? Here’s how much you’ll really keep

Combined with the current Powerball jackpot of $ 620 million with a cash option of $354.3 million, players have a chance to win $2.2 billion in mid-week jackpots. Not surprisingly, the most Mega Million ...More..

Oil price falls below $78 as Saudi Arabia offers more supply
by | Wednesday, October 24, 2018

Oil price falls below $78 as Saudi Arabia offers more supply

Iran's regional rival, US ally Saudi Arabia , says Riyadh has the capacity to increase output to 12 million barrels per day (bpd) from the current 10.7 million bpd. The United States intends to re-impose san...More..

Istanbul police search Saudi consul's residence in Khashoggi probe
by | Friday, October 19, 2018

Istanbul police search Saudi consul's residence in Khashoggi probe

Now I have to accept: "That is not going to happen". Crime scene investigators concluded a second search of the consulate and the consul's residence overnight Thursday. Britain, France and Germany had also c...More..

Jamal Khashoggi's mystery slaying splits Trump, GOP
by | Thursday, October 18, 2018

Jamal Khashoggi's mystery slaying splits Trump, GOP

I'm going to sanction the hell out of Saudi Arabia. The investigators, who eventually searched the premises for eight hours, took samples with them, including soil from the consulate garden, according to an...More..

Netflix adds seven million subscribers over summer after spring stumble
by | Wednesday, October 17, 2018

Netflix adds seven million subscribers over summer after spring stumble

Analysts say that even if Netflix does reach its targeted 5 million new subscribers for Q3, Netflix investors can still expect more conservative growth moving forward. "After handily blowing away Street expecta...More..

Newspaper: Turkey has audio of writer’s killing
by | Monday, October 15, 2018

Newspaper: Turkey has audio of writer’s killing

President Donald Trump has said the USA will inflict " severe punishment " on Saudi Arabia if the kingdom is found to be responsible for the death of Mr Khashoggi . He noted, however, that he would be unli...More..

US Senators trigger probe into journalist disappearance
by | Thursday, October 11, 2018

US Senators trigger probe into journalist disappearance

The men checked into hotels and left Turkey later that night. Earlier Turkish media close to the president published images of what it described as a 15-member "assassination squad" allegedly sent to kill ...More..

US, China trade war could dent economic growth
by | Thursday, October 11, 2018

US, China trade war could dent economic growth

This is down from its July forecast of 3.9 percent growth for both years. The rupiah has indeed been under strong downward pressure, especially over the last three months, as a result of monetary tightening a...More..

Trinis watch for Hurricane Michael
by | Tuesday, October 09, 2018

Trinis watch for Hurricane Michael

Michael has intensified into a hurricane and the National Weather Service has issued a hurricane watch for most of the Florida Panhandle and the Big Bend. Also in that report , Dixon said Gillum's hand...More..

Theresa May facing enormous challenge as Brexit deadline looms
by | Sunday, October 07, 2018

Theresa May facing enormous challenge as Brexit deadline looms

Well, optics-wise, there was very little coughing, and of course, she danced onto the stage to the tune of ABBA's Dancing Queen , laughing at herself in a neat self-referential bid to show the personality she'...More..

Tweet storm: Musk quits as chairman over false claims
by | Wednesday, October 03, 2018

Tweet storm: Musk quits as chairman over false claims

The SEC stated that his plans to make Tesla a private company have misled investors, resulting in Tesla stocks to tumble. Investors were concerned a protracted legal battle and the loss of the charismat...More..

Tesla Shares Soar After Elon Musk's SEC Settlement
by | Tuesday, October 02, 2018

Tesla Shares Soar After Elon Musk's SEC Settlement

The electric car-making company must also appoint two new independent directors to its board, establish a new committee of independent directors and implement additional oversight of Musk's future communication...More..

by | Friday, September 28, 2018

Trump claims he rejected a one-on-one NAFTA meeting with Trudeau

The 1994 deal underpins $1.2 trillion in annual trade between Canada, Mexico and the United States. Markets and business groups are openly fretting about the damage that a collapse could provoke. It's the first...More..

Italian fashion label Versace sold to Michael Kors
by | Thursday, September 27, 2018

Italian fashion label Versace sold to Michael Kors

The leader of the pack is every mom's favorite handbag maker, Kors. Investors were skeptical: Shares in Michael Kors dropped 7% on Monday. Another measure both brands should take is also separating Michael ...More..

Coke eyes cannabis-infused drink market
by | Tuesday, September 18, 2018

Coke eyes cannabis-infused drink market

The investment follows a deal a year ago in which Constellation acquired a almost 10 per cent stake in Canopy and the two companies agreed to collaborate on the development of cannabis-based drinks. The logo of...More..

U.S., Europe optimism helps global stock index dodge trade war dread
by | Tuesday, September 11, 2018

U.S., Europe optimism helps global stock index dodge trade war dread

Shares of Apple Inc AAPL.O suppliers fell across Asia on Monday after U.S. President Donald Trump tweeted that the tech giant should make products in the United States if it wanted to avoid tariffs on C...More..

Trump Threatens Additional Tariffs on $267 Billion of Chinese Goods
by | Tuesday, September 11, 2018

Trump Threatens Additional Tariffs on $267 Billion of Chinese Goods

Imports of US goods rose 11.1 percent to $13.3 billion, decelerating from the previous month's 11.8 percent. AirPods headphones, some of Apple's Beats headphones and its new HomePod smart speaker also face ...More..

Trump calls on Apple to move production from China to US
by | Sunday, September 09, 2018

Trump calls on Apple to move production from China to US

All Apple had to do to avoid import taxes was to rebuild all of its manufacturing in the U.S. "Start building new plants now", he tweeted. The Trump administration has imposed tariffs of $50 billion on impo...More..

Canada braves Trump’s threats and insults in hopes of closing NAFTA deal
by | Saturday, September 08, 2018

Canada braves Trump’s threats and insults in hopes of closing NAFTA deal

NAFTA's Chapter 19 allows companies who feel wronged by anti-dumping, or countervailing duties, to have their issues settled by independent panels of experts from the countries caught in the dispute. The White...More..

E-commerce billionaire from China arrested in Minneapolis
by | Tuesday, September 04, 2018

E-commerce billionaire from China arrested in Minneapolis

Gray told Reuters that he expects his client won't end up being charged since he was released without charges or bail. The statement , contradicting USA police, added authorities found no evidence of misco...More..

Pres. Trump Asserts 'No Political Necessity' To Keep Canada In New NAFTA
by | Tuesday, September 04, 2018

Pres. Trump Asserts 'No Political Necessity' To Keep Canada In New NAFTA

He added: "Congress should not interfere with these negotiations or I will simply terminate NAFTA entirely & we will be far better off". "Today the president notified the Congress of his intent to sign a ...More..