Investing in cannabis is ‘a great hedge’ for alcohol and drug companies, Tilray CEO says – CNBC
CNBCPharmaceutical companies have to start thinking about partnering with cannabis companies as a “hedge” against the burgeoning marijuana industry, Tilray CEO Brendan Kennedy told CNBC on Tuesday. “They have...
Justice Department Is Examining Tesla After Musk Comment – New York Times
New York TimesTesla said on Tuesday that the Justice Department had requested documents from the company after its chief executive, Elon Musk, abruptly announced that he had lined up...
FCC chairman says California’s net neutrality bill is ‘egregious’ and ‘illegal’ – The Verge
The VergeFCC chairman Ajit Pai said that California’s newly passed net neutrality bill is “egregious,” “radical, anti-consumer,” and “illegal” in a speech on Friday. The bill, which was passed...
US Stock Futures Drop as Trump Readies Tariffs: Markets Wrap – Bloomberg
stock futures fell and Asian stocks are set to decline after the Trump administration’s latest barrage of tariffs against China. The dollar ticked higher. The largest exchange-traded fund...
Apple Avoids US Tariffs on Smartwatches, Earbuds – Wall Street Journal
Wall Street JournalApple AAPL Inc. dodged stinging duties on its smartwatches and wireless earbuds after the excluded those gadgets from tariffs on $200 billion in Chinese goods,...
Fire at Tesla’s Gigafactory briefly disrupts production – Engadget
EngadgetTesla just had to contend with another fire at one of its facilities. The electric car maker and county emergency staff have reported that a fire broke out in...
Time Magazine Sold to Salesforce Founder Marc Benioff for $190 Million – Wall Street Journal
Wall Street JournalTime magazine will have a new home. Nearly eight months after Meredith Corp. MDP completed its purchase of Time Inc., the publisher has agreed to sell...
Will a Car Backseat Soon Be Your “Favorite Space”? BMW Thinks So – Bloomberg
Bloomberg“This is the new normal: We will offer safe fully autonomous driving by 2021,” declared Klaus Fröhlich, the BMW board member responsible for development. He was wearing a dark...
Tesla extends battery range for cars in path of tropical storm Florence – Mashable
MashableBefore Hurricane Florence hit, Tesla gave its electric cars a boost by extending the range of their batteries to help people evacuate. Florence made landfall in North Carolina on...
L Brands Soars 5.6% on Plans to Close Money-Losing Henri Bendel Chain – TheStreet.com
Brands (LB) , the embattled owner of Victoria’s Secret and other retail chains, surged Friday to close at $ after announcing plans to close all 23 of...