Uber President Resigns — Reuters
Troubled ride-sharing service Uber lost its president, a former executive from Target. Jeff Jones has quit.
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Newest first · Page 114Marijuana News Roundup: Attorney General Sessions’ Mixed Message on Pot
Attorney General Sessions' comments last week add up this: enforcing federal law related to marijuana is less important to President Trump than spending $10 billion to start building a wall on U.S.-Mexico border.
Why Credit Suisse Is Calling for Nike to Run Ahead of Earnings
Nike is scheduled to release its most recent quarterly results in the coming week, but one analyst has already weighed in on the apparel giant.
Marijuana Price Jumps 5% to $1,655 a Pound
The wholesale spot index price of marijuana rose about 5% last week to $1,655 a pound, and the average price per gram rose to $3.96.
Legalizing Marijuana in All 50 States Could Cut 7% of Beer Sales
If marijuana were legal in all 50 states, beer sales could fall by more than 7%. Even worse for the brewing industry, more than a quarter of beer drinkers have or would switch to…
Why Credit Suisse Is Calling a Bottom in Nike
Although the company still faces strong competition, it seems that there are more positive trends that can carry Nike forward. At least one key analyst is growing more bullish on the stock.
Carl Icahn Doubles Down on Herbalife Bet
Herbalife has been more than a controversial stock over the past three years or more. Short seller and activist investor Bill Ackman had roughly a $1 billion bet against this company and has been…
Marijuana News Roundup: No State Wants to Be Left Behind in Pot Legalization
Another 17 states are considering legalizing marijuana, fearing that they'll be left behind in the revenue sweepstakes. Other top stories are research- and health-related and how implementation is going in Florida.
Why Adidas Is Gaining Ground Against Nike
Although business has picked up for Nike as of late, the company still faces strong competition from its rivals, especially Adidas, at least according to one key analyst.
Harley-Davidson Releases Low-Priced Motorcycle
Harley-Davidson has decided to flank the companies at the lower end of the market, in an attempt to break out of its current niche.
Marijuana Price Ticks Up 1% to $1,574 a Pound
Wholesale spot prices for marijuana rose 1% last week to $1,574 per pound. In the retail market for legal sales, prices ranged from $21 to $3 per gram.
Bottled Water More Popular in the US Than Soda Pop
2016 U.S. sales of bottled water surpassed sales of carbonated soft drinks for the first time. Per capita consumption of bottled water totaled more than 39 gallons compared with consumption more than 38 gallons…
Why Strong Adidas Numbers Might Not Be That Great for Nike
Although business has picked up for Nike as of late, the company is still facing strong competition from rivals, especially Adidas, at least according to one key analyst.
State Tax Collections Could Add $2.3 Billion from Legal Marijuana Sales in 2020
State tax collections from sales of medical and recreational use marijuana could reach more than $2 billion by 2020 in the 29 states and the District of Columbia where sales are currently legal. If…
Marijuana News Roundup: Mixed Signals from Trump Administration on Pot Law Enforcement
Marijuana-related headlines this week include decriminalization in Israel, medical marijuana sales in Germany, and a possible softening of Attorney General Sessions' position on legal cannabis.