• Australia to export 'medicinal' cannabis

    Australia to export 'medicinal' cannabis

    Finance

    Endoca is one of Europe's most highly respected suppliers of certified medicinal cannabis, with sales exceeding €50 million per annum. "It will allow the Australian medical cannabis industry to scale up to a certain size and stability, making it easier to produce more cost effective products in a shorter amount of time".
  • Uber ex-CEO Kalanick plans to sell 29pc of stake, source says

    Uber ex-CEO Kalanick plans to sell 29pc of stake, source says

    Finance

    It has also been sued by Waymo - previously known as the Google self-driving vehicle unit - which says Uber swiped its technology. SoftBank probably will limit its purchase in the tender offer to 15 per cent of Uber, and other members of its group are likely to buy additional shares.
  • FCC Chairman Ajit Pai cancels Consumer Electronics Show appearance over death threats

    FCC Chairman Ajit Pai cancels Consumer Electronics Show appearance over death threats

    Finance

    Multiple states including NY and Washington, along with consumer groups, are expected to launch legal challenges to Republican FCC Chairman Ajit Pai's plan to gut net neutrality. The 2015 rules were created to ensure that all traffic on the internet is treated equally and to prevent broadband and wireless providers from blocking or slowing online content.
  • Brookfield Business Partners to Acquire Westinghouse from Toshiba Corp

    Brookfield Business Partners to Acquire Westinghouse from Toshiba Corp

    Finance

    Westinghouse has historically been a major force in America; it boasts that 60 per cent of reactors operating in the country are based on its technology. Brookfield Business Partners LP and institutional partners will buy the Pittsburgh-based business using US$1 billion of equity and US$3 billion of long-term debt financing, according to a statement.
  • Weak consumer confidence hits United Kingdom auto sales

    Weak consumer confidence hits United Kingdom auto sales

    Finance

    Mr Hawes blamed the sales fall on declining business and consumer confidence, but pointed out last year's performance followed two years of record sales. But it's worth remembering where the backlash against diesel really began: with the VW scandal . "New technologies, including the latest low emission diesels, are vital if the country and the industry are to meet their climate change targets".
  • Intel Extends Losses As Worries Over Chip Security Linger

    Intel Extends Losses As Worries Over Chip Security Linger

    Finance

    The company advised millions of customers to download software only from trusted sources after the security vulnerabilities, known as Meltdown and Spectre , were revealed on Wednesday. Meltdown appears to be specific to chips made by Intel. Updates are expected to be delivered soon. Microsoft has scheduled a January 10 security and maintenance update for customers running cloud-based Azure virtual machines, and Amazon has notified its EC2 cloud customers that it's planning similar updates ...
  • N-Out Just Added A New Item To Its Menu

    N-Out Just Added A New Item To Its Menu

    Finance

    Then In-N-Out Burger's freshest menu item is sure to please. As of Monday, all In-N-Out locations offer an 8-ounce cup of hot chocolate for just $1.60. But for Irvine-based In-N-Out, a menu expansion is tantamount to Taco Bell serving fries on its Mexican-inspired menu. " This is actually the return of hot cocoa ", In-N-Out President Lynsi Snyder said in a statement.
  • Gander Outdoors to reopen four more stores in Minnesota, including Forest Lake

    Gander Outdoors to reopen four more stores in Minnesota, including Forest Lake

    Finance

    In a live stream posted to social media on Wednesday, Lemonis released the list of Gander Mountain stores that would remain open and/or reopen. The stores are now owned by Camping World . The first Gander Outdoors opened in December in Lakeville, Minn. In a video posted on his Twitter page this week, Lemonis went through the final list of stores he said will eventually be reopening as Gander Outdoors , formerly Gander Mountain.
  • AT&T to roll out 5G network by end of 2018

    AT&T to roll out 5G network by end of 2018

    Finance

    That now makes for two major telecommunication companies in the USA that will offer 5G networks in 2018, as Verizon said late previous year that it would also be rolling out its 5G network. AT&T on Thursday morning announced its intention to be the first wireless carrier in the United States to deploy a 5G network in a dozen markets.
  • BlackBerry, Baidu in autonomous vehicle partnership

    BlackBerry, Baidu in autonomous vehicle partnership

    Finance

    What is interesting is that Baidu is more than happy to facilitate an open autonomous vehicle platform that incorporates. BlackBerry's operating system will be "the foundation for Baidu's Apollo autonomous driving open platform", the statement said.
  • 10 things about Bitcoin's new rival Ripple

    10 things about Bitcoin's new rival Ripple

    Finance

    The digital currency rose 20 percent to a record high of $1.43, making it the third-largest cryptocurrency by market capitalization at $54 billion, behind bitcoin and ethereum , according to CoinMarketCap . The digital currency gained close to 30,000% in value from January 1, 2017 to January 1, 2018. I think one has to be a little bit realistic about the math.
  • FCC Chairman Ajit Pai's Appearance at CES Canceled

    Finance

    Broadband providers like AT&T, Comcast, and Verizon along with the Consumer Technology Association, which sponsors the CES tradeshow, support the FCC's repeal of the rules. The FCC's net neutrality repeal vote was briefly interrupted by a bomb threat but resumed after a search of the meeting room. Incidentally, Pai was scheduled to appear on a panel at CES next week for a "candid conversation".
  • 2017, safest year ever for aviation - ASN

    2017, safest year ever for aviation - ASN

    Finance

    Data is constantly collected and analyzed - mostly for more efficient operations - but Ranter says the analysis provides information the airlines use to create policies that promote safety. Jetstar Australia is the only Australian airline to make the list , which also includes Aer Lingus , Flybe , Frontier , HK Express , Jetblue , Thomas Cook , Virgin America , Vueling and Westjet .
  • Sears at Magic Valley Mall to close in April

    Sears at Magic Valley Mall to close in April

    Finance

    Here's the full list. A shopper walks up to a Sears department store at the Tri-County Mall, in Springdale, Ohio. Unclear is how the struggling retailer performed during the holiday season. A Sears spokesman told the Associated Press on Thursday the number of workers affected was not available. CNBC reported that liquidation sales will begin as early as January 12 for the stores that are closing.
  • Macy's to shutter historic downtown Miami store amid rash of closures

    Macy's to shutter historic downtown Miami store amid rash of closures

    Finance

    The company is taking actions including closing the 11 stores to continue improvements in organizational efficiency and to allocate resources to support its growth strategy, the company said in a press release on Thursday. Penney Co Inc ( JCP.N ) and Sears Holdings ( SHLD.O ) each down 7 percent and Kohl's Corp ( KSS.N ) down 5 percent. "You never really want to see the loss of an anchor retailer like Macy's on your street", Robertson said.
  • Govt notifies Electoral Bonds to cleanse system

    Govt notifies Electoral Bonds to cleanse system

    Finance

    In an apparent reference to Congress leader Mallikarjun Kharge, who had asked the goal behind not disclosing names of political parties, Jaitley said people expressing apprehension should suggest a better system. The purchaser would be allowed to buy the bonds after fulfilling the KYC norms and by making payment from a bank account. That party will have to give details of one bank account to the Election Commission and it will have to be encashed within 15 days.
  • Analysts Anticipate Stamps.com Inc. (STMP) to Announce $2.75 EPS

    Finance

    It has outperformed by 38.18% the S&P500. Greenhill & Co Inc (NYSE:GHL) was raised too. Diam Company Ltd who had been investing in Lowes Cos Inc for a number of months, seems to be less bullish one the $77.12 billion market cap company. Lyon Street Ltd holds 2.09% or 26,760 shares in its portfolio. Glenmede Com Na has 88,370 shares. Victory Capital Management Inc. increased its stake in shares of Stamps.com by 17.7% during the 2nd quarter.