Fresh battle lines are being drawn that could lead to farm trade restrictions between the United States and Mexico, a letter from a top Mexican trade official seen by Reuters shows, despite the goodwill generated by the newly-signed USMCA trade pact.
These 5 tax hikes will help Americans pay down those $1 trillion annual deficits. And they’re coming, sooner or later. …read more […]
China has restarted talks with U.S. liquefied natural gas marketers to buy more LNG, several industry executives told Reuters, but they are worried that any purchases may come too late to keep natural gas prices from falling further due to a glut of global supply.
Canadian pipeline company Enbridge Inc said on Thursday its plan to sell nearly all capacity on the Mainline oil network for the long term is fair to shippers of all types and would benefit the western Canadian industry.
The U.S. cannabis market enters 2020 with plenty of catalysts for higher sales and better profits for industry participants. One of the primary ways to benefit from immediate growth in the sector is via state level approval of medical or recreational cannabis sales while the Federal government slowly pushes towards eventual Federal approval.The recent start of recreational cannabis in Illinois and Michigan are prime examples of how U.S. multi-state operators (MSOs) can immediately benefit from having existing cannabis operations in a particular state. The state had an estimated $200 million in medical marijuana sales with research predicting sales surging to …read more […]
(Bloomberg) — Billionaire investor Michael Novogratz says he earned a “black eye” after shorting Tesla Inc. because the surge in the share price resembles the Bitcoin bubble.“I got cocky and tried to pick the top of a bubble and I got a black eye,” Novogratz, chief executive officer of Galaxy Digital Holdings Ltd., said during a Bloomberg Television interview in Miami Beach, Florida.Novogratz said that Tesla, like Bitcoin back in 2017, is no longer a “fundamental story” and is driven now by the compelling narrative and “any bit of good news,” such as Wednesday’s stronger-than-expected quarterly results. As with Bitcoin, …read more […]
U.S. banks would be able to take large stakes in venture capital funds under a proposal to ease strict bank trading and investment rules introduced following the 2007-2009 global financial crisis, regulators said on Thursday.
Apple has rolled out a major update to its Maps app to users across the U.S. …read more […]
U.S. stocks fell on Thursday as the coronavirus epidemic raised fears of a further hit to China’s economy, while weak earnings from Facebook and others added to the gloom.
CDC has confirmed the first known case of person-to-person spread of new coronavirus in U.S. Yahoo Finance’s Adam Shapiro reports. …read more […]
In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators and job creators, predicting they would be among those producing “tens of thousands of new American jobs” and investing “billions and billions of dollars.”
Overall, Facebook met or exceeded expectations across all of the important metrics. So then, why were investors punishing the company’s stock? …read more […]
Southwest Airlines is under pressure after a recent government report to be released in the coming days says the airline flew more than 17 million passengers on planes with unconfirmed maintenance records over the course of two years, according to the Wall Street Journal. Yahoo Finance’s Alexis Keenan joins the On the Move panel to discuss. …read more […]
Investors looking to the 2002 to 2003 SARS outbreak as precedent for how global markets and the economy will perform during the current coronavirus developments will receive an imperfect guide, according to economists from at least one firm. …read more […]
In 1996, Californians cast their ballots for Proposition 215. This legalized medical marijuana in the state.
Over the next handful of years, Alaska, Colorado, the District of Columbia, Hawaii, Maine, Nevada, Oregon and Washington followed suit.
And that momentum didn’t die down. Today, 33 states have legalized medical cannabis. Roughly 60% of Americans live in a state that allows legal access to medical marijuana.
But there’s still plenty of work to be done.
To discuss this, I’m joined today by Americans for Safe Access (ASA) interim director, Debbie Churgai.
For nearly two decades, the nonprofit has been a champion for patient rights and consumer safety, …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
