The number of states where recreational weed is legal is growing each year. Top-selling states like California and Michigan have reported $2.1 billion and $1.6 billion, respectively, in recreational cannabis sales for the first half of 2024, as reported by Green Market Report’s Debra Borchardt. California cannabis supremacy can’t be argued even though many experts […]
Analyst With 87% Accuracy Sees Over 35% Downside In this Stock
Avi Kapoor | July 8, 2024
U.S. stocks closed higher on Friday following the release of jobs data, with the S&P 500 surging to fresh high during the session. All three major indices closed higher last week, with the Nasdaq Composite jumping 3.5%, and the S&P 500 adding around 2% during the period. The Dow, meanwhile, added around 0.7% last week. […]
Tech Workers in China: Is this why they are so successful overseas?
Benzinga Neuro | June 24, 2024
In a recent report, Chinese tech workers revealed their plight of working overtime amid slow growth of companies and rampant layoffs. What Happened: In a video conference, JD.com (NASDAQ:JD) founder Richard Liu reportedly warned his employees against prioritizing work-life balance, stating that the company had no room for such individuals. Liu addressed his staff with […]
Can You Take Your Bitcoin With You After Death? Tech Enthusiast Explores The Convergence Between Crypto And Cryonics
Aniket Verma | June 3, 2024
“Do not stand at my grave and weep, for I have my Bitcoin.” This adage with a cryptocurrency twist may sound eccentric, but not too far from reality. Bitcoin holders are delving into the realm of cryonics, a field that offers potential life extension through freezing, to preserve the prized digital asset even after their […]
Bitcoin Facing These ‘Compelling Mid-Term Bearish Cases,’ Warns Trader
Khyathi Dalal | May 9, 2024
While maintaining a bullish stance on Bitcoin’s (CRYPTO: BTC) long-term prospects, crypto trader Altcoin Sherpa has shared his thoughts on some compelling mid-term bearish cases. What Happened: Sherpa points out several factors suggesting a potentially bearish scenario for Bitcoin in the mid-term. Presence of a rounded top formation in the price action, typically associated with […]
Factbox-Companies sell their businesses in Russia
Reuters | August 25, 2023
(Reuters) – Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they take action to comply with sanctions over the Ukraine conflict and respond to threats from the Kremlin that foreign-owned assets may be seized. Below are some of the companies by sector that have secured […]
Court rules against Uber in major win for California workers
Reuters | July 18, 2023
By Daniel Wiessner (Reuters) – Uber Technologies Inc must face a California lawsuit claiming it should have covered UberEats drivers’ work-related expenses, the state’s top court said on Monday, in what could be a major blow to companies in the largest U.S. state and a win for labor advocates. The California Supreme Court in a […]
Amazon dangles deeper ‘Prime Day’ discounts for stressed US shoppers
Reuters | July 11, 2023
By Granth Vanaik and Ananya Mariam Rajesh (Reuters) – Amazon.com hopes to tempt U.S. shoppers on Tuesday to open inflation-thinned wallets by offering deeper discounts on a wide range of goods and services during this year’s “Prime Day” 48-hour shopping event, including its first-ever travel discounts. A year of inflation has lifted mortgage rates, rents […]
Ukraine asks to join CPTPP trade pact
Reuters | July 7, 2023
By Kantaro Komiya and Lucy Craymer TOKYO (Reuters) -Ukraine has submitted a formal request to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to New Zealand, Japanese and New Zealand authorities said on Friday. New Zealand, which performs the legal depositary functions for the partnership, had received a formal accession request from Ukraine […]
China’s chipmaking export curbs ‘just a start’, Beijing adviser warns before Yellen visit
Reuters | July 6, 2023
BEIJING/SHANGHAI (Reuters) -China’s export controls on metals used in semiconductors are “just a start”, an influential Chinese trade policy adviser said on Wednesday, as Beijing ramps up a tech fight with Washington days before a visit from U.S. Treasury Secretary Janet Yellen. Shares in some Chinese metals companies rallied for a second session as investors […]