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California Cannabis Crisis: Dangerous Pesticides Found In Popular Weed Products, Investigation Reveals
Monday, June 17, 2024 - 8:20am | 697A joint investigation by The Los Angeles Times and cannabis industry newsletter WeedWeek has revealed alarming levels of pesticides in cannabis products sold across California dispensaries. The findings, published in the LA Times on Friday, highlight significant health risks and exposed regulatory...
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Fintech Focus For January 4, 2021
Sunday, January 3, 2021 - 12:58pm | 1446Quote To Start The Day: Cheers to a new year and another chance for us to get it right. Source: Oprah Winfrey One Big Thing In Fintech: The banking industry has not been spared from the impact of Covid-19. Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B...
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More Than 70 Accounts Promoting Bloomberg's Campaign Banned On Twitter
Monday, February 24, 2020 - 4:28am | 389Twitter Inc. (NYSE: TWTR) banned at least 70 accounts promoting Democratic presidential candidate Michael Bloomberg's campaign starting Friday, the Los Angeles Times reported. What Happened "We have taken enforcement action on a group of accounts for violating our rules against platform...
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Throwback Thursday: How The Media Covered Wall Street's 'Black Monday' In 1987
Thursday, October 19, 2017 - 3:30pm | 795The numbers spoke for themselves. 22.6 percent. 508 points. 604 million shares. They told the story of the SPDR Dow Jones Industrial Average ETF (NYSE: DIA) nightmare that shook the markets 30 years ago. Delayed print media and TV news eventually lent context to the “Black Monday”...
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The SeaWorld Turnaround Story Remains Misunderstood
Tuesday, May 23, 2017 - 11:01am | 437Don't short Shamu. Shares of SeaWorld Entertainment Inc (NYSE: SEAS) will rally as the company executes a five-point turnaround plan, Stifel analyst Steven Wieczynski said in a Tuesday note. SeaWorld bears point to concerns tied to branding, attendance, cost cuts and competitiveness, Wieczynski...
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Why Wall Street, And The Economy, Needs A Robust IPO Market
Tuesday, May 9, 2017 - 2:06pm | 434As the halfway point of 2017 approaches, the year has already seen some high profile IPOs, including Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE: GOOS), Yext Inc (NYSE: YEXT) and J. Jill Inc (NYSE: JILL). The biggest and most anticipated certainly was Snap Inc (NYSE: SNAP), which...
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Lin-Manuel Miranda Could Join These 12 EGOT Winners
Tuesday, January 24, 2017 - 4:25pm | 287There are just 12 people that have won all four annual American entertainment awards, including the Emmy, Grammy, Oscar and Tony. The very few who have accomplished this feat have earned the "EGOT" acronym. The Current 12 Here is the list of all 12 individuals, the year in which they...
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CEO Of A Recruiting Firm Says His Son 'Sure As Heck Isn't Worth $15 An Hour'
Friday, January 6, 2017 - 12:30pm | 357The push for a mandated $15 an hour national wage may have gathered momentum this year as 20 states introduced a hike in their respective minimum wages. While a $15 an hour
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Which Candidate Are Gamblers Betting On In November?
Sunday, October 9, 2016 - 1:25pm | 391A pair of new election polls out on Friday shows Democrat Hillary Clinton leading Republican Donald Trump in an extremely close race. A Quinnipiac poll puts Clinton’s lead at 5 percent, and a Rasmussen poll shows it at only 1 percent. An LA Times/USC Tracking poll, on the other hand, has...
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How Does The Stock Market Trade In October Prior To 'Too Close To Call' Elections?
Friday, September 30, 2016 - 12:28pm | 335Following the first presidential debate on Monday, the presidential race is closer than ever. The latest LA Times/USC Tracking numbers out on Friday have Republican Donald Trump in the lead by 5 percent. A New Rasmussen Reports poll on Thursday has Democrat Hillary Clinton in the lead by 1 point....
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Discussing The Fed's Political Bias Regarding Interest Rates As Elections Loom
Tuesday, September 20, 2016 - 8:45am | 655Every time presidential elections get close, the Federal Reserve’s Federal Open Market Committee faces the same predicament: Should they act as usual, or should they wait until after the ballots? Will action be interpreted as a political move? Or, will the public see inaction this way? This...
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Hulu Walks On Eggshells With Advertisers, Consumers
Tuesday, June 7, 2016 - 10:50am | 405Does anyone still watch commercials? Not really, but advertisers aren't particularly worried, as they can still integrate products into TV shows. As an example, Hulu's streaming video format is ad-supported, but the company recently introduced an ad-free subscription tier. For marketers, this means...
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Tribune Declines Gannett's Takeover Offer Despite Company 'Getting Weaker'
Thursday, May 5, 2016 - 8:12am | 349Tribune Publishing Co (NYSE: TPUB), a multi-platform media and marketing solutions company, received an offer on April 12 from Gannett Co Inc (NYSE: GCI) to fully acquire the company at a price of $12.25 per share. Related Link: Tribune Publishing Confirms Unsolicited Offer From Gannett On Thursday...
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What Would A Gannett-Tribune Takeover Mean For The News Industry?
Monday, April 25, 2016 - 4:23pm | 781"Newspaper reporter" was recently named the worst job of 2016, as a "gradual decline in print publications at the turn of the century became a steep downturn for the past decade." As layoffs and consolidation in the industry have picked up, so has merger and acquisition talk. The latest...
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Herzer: Sumner Redstone A 'Pawn' In 'Chairmanship Battle'
Friday, February 19, 2016 - 2:59pm | 256Former CBS Corporation (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIAB) chairman Sumner Redstone's former caretaker Manuela Herzer claimed Redstone was manipulated in the chair transition as his health deteriorated. “Sumner has become a pawn in a highly-publicized battle for the Chairmanship...