Business Insider A cannabis company is buying an entire town in the USBusiness InsiderNIPTON, California — Now that one of the nation's largest cannabis companies has bought the California desert town of Nipton, a question remains: Will the new owners rename the place Potsylvania? The name Weed already belongs to an old mill town in …Uh-Oh! […]
USA TODAY Nissan workers reject UAW in crucial voteUSA TODAYJACKSON, Miss. — Workers at Nissan's plant in Canton, Miss., soundly rejected United Auto Workers representation after a multi-year organizing campaign, delivering a major blow to the union's organizing efforts in the South. By a 63%-37% margin …Nissan Workers in Mississippi Reject Union Bid by UAWNew […]
CNN US finalizes deal for new Air Force One jets once destined for Russian airlinerCNN(CNN) The US Air Force announced Friday that it has finalized a deal to purchase two already-built aircraft from Boeing to serve as the next generation of Air Force One, flying future presidents around the world for decades to come. A […]
CBS News Tesla Energy Bleeding HeavilySeeking AlphaIn 2015, Tesla (TSLA) CEO Elon Musk said that the company had orders for more than $800 million worth of its storage batteries. Apparently, the company has not converted many of these orders to actual sales, because two years later, revenues are …Tesla lowers Model X price to $79500VentureBeat7 […]
Washington Post Martin Shkreli is found guilty of three of eight securities fraud chargesWashington PostNew York — A Brooklyn jury on Friday found Martin Shkreli, the former hedge fund manager notorious for brazenly raising the price of a critical drug, guilty of defrauding his investors. Shkreli shook his head in apparent disbelief as the first […]
Bloomberg United Technologies Weighs Rockwell Collins DealBloombergJet-engine manufacturer United Technologies Corp. is weighing an acquisition of aviation-equipment supplier Rockwell Collins Inc., according to people familiar with the matter, in a deal that would potentially rank among the largest ever in the industry. and more » Subscribe to the RSS feed
Reuters Activist Ackman looks for board seats, better returns at payroll firm ADPReuters(Reuters) – Billionaire investor William Ackman on Friday said his hedge fund had taken an 8 percent stake in Automatic Data Processing Inc (ADP.O) and plans to ask for board seats so he can push the U.S. human resources outsourcing company to cut […]
New York Times Toyota to Take 5 Percent Stake in Mazda and Build Joint US PlantNew York TimesA Toyota engine assembly line in Huntsville, Ala., in 2009. Toyota and Mazda said they hoped a joint United States factory announced on Friday would begin producing vehicles by 2021. Credit Carlos Barria/Reuters. TOKYO — Toyota said on […]
Washington Post Dunkin' Donuts wants to leave a doughnut-sized hole in its nameWashington PostThere was a time when Dunkin' Donuts was all about its doughnuts. The doughnuts, if you recall. Responsibility for making the doughnuts fell to Fred the Baker, a mustachioed everyman who rose before daybreak, singularly focused on satisfying America's …Dunkin' Donuts considers rebranding […]
The Hill Economy adds impressive 209K jobs in JulyThe HillThe U.S. economy added a solid 209,000 jobs in July, exceeding economists' estimates as the labor market shows few signs of slowing down. The unemployment rate last month fell to 4.3 percent from 4.4, the Labor Department reported on Friday. The labor …Strong US jobs report bolsters […]