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The Government’s Only Going to Get Bigger

We may be pregnant.
We had a nasty bout of morning sickness the other day.
It has us quite worried.
There we were, in a meeting with top lawyers, lawmakers and some world-class CEOs, when our stomach started to turn… our brow started to get moist… and our skin turned green.
Then it happened… Somebody said something, and we let out an audible gag.
As they finished their sentence, we punctuated it with a gut-clenching gulp that made heads turn.
We were finished.
Where’s the Trash Can?
The truth is we met with some of the country’s top hemp experts last week.
After the 2018 Farm Bill quietly legalized …read more […]

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Just Eat Shares Decline as Growth in U.K. Orders Slows

(Bloomberg) — Just Eat Plc’s shares fell as much as 6.4% in London trading on Monday after the company said U.K. order growth slowed in the third quarter.Shares declined 6% to 587.6 pence at 8:56 a.m. after earlier touching 622.8 pence, the biggest intraday retreat since September.U.K. order growth slowed to 8% for the calendar third quarter — compared to 11% for the period before — after the company’s marketplace business slowed, Just Eat said in a statement on Monday. Increased competition from the likes of Uber Eats and Deliveroo as well as easy access to grocery delivery may be …read more […]

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NBA vs. China: The Truth Comes Out

We tried to stay out of it. We bit our tongue as the story boiled.
But we can’t hold back anymore. It’d be disrespectful to all we do… a slap in the face to our mission.
You’ve surely heard of the NBA’s publicity fiasco and its billion-dollar fallout.
It’s been humorous to watch. But we’re glad it’s happening. We hope it wakes folks up and shows them where we’re headed… and how bad things have already gotten.
It’s more proof that dollars and Liberty have one hell of an odd relationship. Worship the wrong one and you’ll have none of the other.
Respect the right …read more […]

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SAP CFO Mucic on Management Change, Strategy

Oct.21 — SAP SE Chief Financial Officer Luka Mucic talks about the management change, the company’s strategy and outlook. Chief Executive Officer Bill McDermott will depart at the end of the year, while Jennifer Morgan and Christian Klein will become co-CEOs. Europe’s biggest software company reported preliminary third-quarter sales and profit that topped analysts’ estimates. Mucic speaks with Matt Miller on “Bloomberg Markets: European Open.” …read more […]

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Roger Ver’s Bitcoin.com acquires Japanese blockchain development startup O3 Labs

Bitcoin.com, the firm backed by cryptocurrency investor Roger Ver, today announced that it has acquired Japanese blockchain development startup O3 Labs.The post Roger Ver’s Bitcoin.com acquires Japanese blockchain development startup O3 Labs appeared first on The Block. …read more […]

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Temasek Offers to Buy Control of Keppel for About $3 Billion

(Bloomberg) — Singapore’s Temasek Holdings Pte plans to take control of Keppel Corp. for about S$4 billion ($3 billion) and undertake a review of the oil-rig builder’s business that could involve a board shakeup.The state-backed investor, which already owns about one-fifth of Keppel, offered to buy an additional 30.6% stake at S$7.35 a share, according to a statement Monday. That’s 26% higher than what Singapore-based Keppel traded at before its shares were halted, pending the announcement.Becoming the majority owner of one of the world’s biggest oil-rig makers would be seemingly at odds with Temasek’s preference to steer away from fossil …read more […]

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UPDATE 1-Indonesia president targets “innovative” cabinet, taps Gojek CEO

Indonesian President Joko Widodo said on Monday he wanted “innovative” ministers in his cabinet for a second term, as the co-founder of tech startup Gojek said he would join and a former chairman of Inter Milan soccer club was tipped for a post. The make-up of the cabinet is being closely watched to see how many are technocrats, who are more likely to fall in with Widodo’s reform agenda. There has also been speculation that Widodo’s challenger in April’s bitterly fought presidential election, Prabowo Subianto, or other members of the opposition could join. …read more […]

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Wirecard hires KPMG for independent audit after Financial Times allegations

German payments company Wirecard has hired KPMG to conduct an independent audit to address allegations by the Financial Times that its finance team had sought to inflate reported sales and profits, it said on Monday. It has rejected the newspaper’s latest allegations, based on internal spreadsheets and correspondence, that Wirecard’s senior finance team had sought to inflate reported sales and profits at its businesses in Dubai and Ireland. The FT’s reporting has however led to calls on Wirecard from investors and corporate governance advocates to hire an outside auditor both to clear up the matter and to …read more […]

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Online ordering boom gives rise to virtual restaurants

Owner Michael Kudrna launched the four spinoffs earlier this year in a matter of weeks as he races to keep his Chicago-area business ahead of a growing trend: restaurants conceived only for delivery or take-out. Thousands of restaurants are experimenting with these virtual spinoffs tucked inside their own kitchens. Others are opening “ghost kitchens,” where food is prepared strictly for delivery or pick-up. …read more […]