Pot stocks are soaring again with Tilray surging 50% in premarket trading
CNBC, 19 September at 15:25
Tilray's Brendan Kennedy told CNBC that pharmaceutical companies must start thinking about partnering with cannabis producers as a "hedge" against the space. Tilray posted its second-best day ever on Tuesday after announcing approval from the Drug ...
Canadian cannabis producer Tilray is going bananas after its CEO appeared on Cramer's 'Mad Money'
Business Insider, 19 September at 14:37
Tilray CEO Brendan Kennedy appeared on CNBC's "Mad Money" on Tuesday evening. He told Cramer that alcohol and drug companies should be looking at the cannabis space and that Canada was just the tip of the iceberg when it came to full legalization ...
Get ready for US stocks to come off their 'sugar high': JPM strategists
MarketWatch, 19 September at 14:23
The tariff war rages on, but U.S. stocks keep on trucking. The Dow managed nearly a 200-point gain on Tuesday, its fifth-highest close in history, on a bet there is ample time for the U.S. and China continue to threaten a trade war. “It is inexplicable
AutoNation's Outspoken Chief Executive to Step Down Next Year
Wall Street Journal, 19 September at 13:56
AutoNation Inc. AN -1.01% Chief Executive Mike Jackson, who stood out in the tight-lipped auto industry for his outspoken personality and willingness to challenge auto makers publicly, will step down in 2019 after leading the U.S.'s largest dealership
Amazon Increases Ad Market Share at Expense of Google, Facebook
Bloomberg, 19 September at 13:15
Amazon.com Inc.'s advertising business is gaining faster than expected in a market dominated by Facebook Inc. and Google. The world's biggest online retailer will generate $4.61 billion in U.S. ad sales this year, which represents 4.2 percent of the
Cathedral ceilings? Big trucks and big SUVs need bigger garages
WFAA.com, 19 September at 13:07
DETROIT — Lorraine Dillon couldn't fit her enormous GMC Yukon SUV into her itty-bitty garage on St. Paul Street in Grosse Pointe, Michigan. So builder Al Shaheen made the entrance bigger. “The garage had to be usable,” said Dillon, 72, whose husband ...
Amazon Forecast to Be No. 3 Digital Advertising Player in 2018
Wall Street Journal, 19 September at 13:03
Amazon is expected to move up the rankings of the top U.S. digital ad sellers in 2018 to take the No. 3 slot, thanks to an acceleration in ad revenue growth and accounting changes by the company, according to the latest forecast from research firm
EU says McDonald's, Luxembourg tax deal not illegal
Reuters, 19 September at 13:02
BRUSSELS (Reuters) - McDonald's (MCD.N) tax deal with Luxembourg did not breach EU state aid rules, EU antitrust regulators ruled on Wednesday, saying the reason the U.S. fast food chain did not pay some taxes was due to the mismatch between U.S. ...
Danske Bank CEO quits in a $234 billion money laundering scandal
CNBC, 19 September at 12:36
Danske Bank's chief executive Thomas Borgen quit on Wednesday in a money laundering scandal which involved 200 billion euros ($234 billion) flowing through its Estonian branch between 2007 and 2015, most of which was suspicious. "It is clear that ...
Tesla Criminal Probe Into Musk Tweet Seen Opening Pandora's Box
Bloomberg, 19 September at 12:17
All it took to draw the U.S. Justice Department into investigating Tesla Inc. was a single tweet by Chairman Elon Musk. But now that prosecutors have a toehold, they can dig in to look for other signs of misconduct at the electric-car maker. The
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