Trump Is Hurting China's Factories With Stimulus Hit Yet to Come

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Hilton workers approve new deal as strike continues at 11 more hotels

Hilton workers approve new deal as strike continues at 11 more hotels

Striking union workers reached a deal on Saturday to return to the job at four downtown Hilton hotels, while bargaining talks appear to have hit a wall with some of the remaining 11 hotels where the work stoppage has entered its fourth week. Unite Here Local 1 has now approved contracts with 15 of the […]

Life without Elon Musk could lead to big changes for Tesla

Life without Elon Musk could lead to big changes for Tesla

CLOSE SpaceX just announced it has signed up the first private passenger to fly around the moon. Elizabeth Keatinge has more. Buzz60 Tesla CEO Elon Musk.(Photo: Brendan Smialowski, AFP/Getty Images) For Tesla, life without Elon Musk once seemed like a long way off. Now it could be imminent. The Securities and Exchange Commission sued Musk […]

SEC charges LendingClub unit with mishandling investors' money

SEC charges LendingClub unit with mishandling investors' money

Two former executives of LendingClub mishandled investors’ money and fudged the returns of funds that they oversaw, the SEC charged Friday. Ex-CEO Renaud Laplanche, former finance chief Carrie Dolan and a LendingClub subsidiary will pay a combined $4.2 million to settle the charges. The settlement also bars Laplanche from the securities industry for at least […]

Why McDonald's Got Rid Of Artificial Additives In Its Burgers

Why McDonald's Got Rid Of Artificial Additives In Its Burgers

FILE- In this file photo, a McDonald’s Quarter Pounder, left, and Double Quarter Pound burger is shown with fresh beef in Atlanta. Following years of reformulating at McDonald’s, most of the burgers it serves in the U.S. are now preservative-free. The chain says classics like the Big Mac and Quarter Pounder with Cheese are preservative-free, […]

GW Pharma stock jumps to record after DEA stance on its CBD drug, cannabis sector lags

GW Pharma stock jumps to record after DEA stance on its CBD drug, cannabis sector lags

Shares of GW Pharmaceuticals PLC surged to a record high Thursday, after the medical-marijuana company announced a new Drug Enforcement Administration stance on its approved drug containing cannabidiol, or CBD. Specifically, the DEA said Thursday it now places FDA-approved drugs with CBD in “Schedule V,” which it defines as having the lowest potential for abuse, […]

Aurora Cannabis is becoming the Berkshire Hathaway of pot

Aurora Cannabis is becoming the Berkshire Hathaway of pot

Canada-based Aurora Cannabis Inc. tripled its revenue thanks to bigger weed sales in the final quarter of its fiscal year, but the pot producer’s profit gains were mostly the result of a different business: investing in other marijuana companies. Canadian cannabis stocks have been soaring of late, as the country prepares to fully legalize the […]

Comcast buys more than 30 percent of Sky shares after auction win over Fox

Comcast buys more than 30 percent of Sky shares after auction win over Fox

Comcast has acquired more than 30 percent of Sky shares, the company said Tuesday, following its triumph over Fox at a weekend takeover auction. The firm now owns a total of almost 516 million shares of Sky, according to an official statement from the London Stock Exchange. It says it will continue to make further […]

As “dieting” becomes more taboo, Weight Watchers is changing its name

As “dieting” becomes more taboo, Weight Watchers is changing its name

Weight Watchers will now be known as “WW.” The 55-year-old company just announced that it is rebranding to focus more on overall health. Its new tagline: “Wellness that works.” It’s a change the company has been building up to since 2015. Oprah Winfrey came on as an investor when Weight Watchers was in decline and […]

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