When Oregon lawmakers created the state’s legal marijuana program, they had one goal in mind above all else: to persuade illicit pot growers to leave the black market. That meant low barriers to entry that also targeted long-standing medical marijuana growers, whose product is not taxed. As a result, weed …
your ad hereTrump Planning Tariffs on European Steel, Aluminum
President Donald Trump’s administration is planning to impose tariffs on European steel and aluminum imports after failing to win concessions from the European Union, a move that could provoke retaliatory tariffs and inflame trans-Atlantic trade tensions. The tariffs are likely to go into effect on the EU with an announcement …
your ad hereUnion: Strike Could Cost Vegas Casinos $10M a Day
The two largest resort operators in Las Vegas would lose more than $10 million a day combined if housekeepers, cooks and others go on strike, a possibility starting Friday, the union representing thousands of casino workers said Wednesday. The Culinary Union detailed how it thinks a one-month strike would impact …
your ad hereMalaysia Moves to Rebalance Relationship With China
Malaysia and China are looking to re-balance ties as the new government of Prime Minister Mahathir Mohammad seeks to renegotiate billions of dollars of Chinese backed infrastructure spending, with the goal of reducing the country’s national debt. China is Malaysia’s leading foreign direct investor at over $3.38 billion, ahead of …
your ad hereRoss: US-EU Trade Deal Could be Reached
U.S. Commerce Secretary Wilbur Ross said Wednesday a U.S.-European Union trade deal could still be reached even if the United States imposes tariffs on EU steel and aluminum imports. EU and U.S. officials are holding last-minute negotiations two days before U.S. President Donald Trump decides to apply tariffs on Europe. …
your ad hereBeijing Warns US Against Imposing Tariffs on Chinese Goods
China vows it will fight back if the United States goes through with plans to impose huge tariffs on Chinese goods. President Donald Trump’s administration said in a statement Tuesday it planned to impose 25 percent tariffs on $50 billion of Chinese goods that contain “industrially-significant technology.” It said the …
your ad hereInterview: De Beers Sees Sparkle in Synthetic Diamond Jewelry
Anglo American unit De Beers is launching a company to sell laboratory-produced diamonds for jewelry in a departure from its century-old business model of promoting natural stones. Real diamonds created over thousands of years remain the priority, but De Beers is responding to customer demand for more affordable jewelry using …
your ad hereTaiwan Cannot Compete with China on Aid to Keep Foreign Allies
Taiwan will struggle to stop a shrinking pool of mostly poor diplomatic allies from shifting allegiance to its rival, China, because it lacks the amounts of money they want, experts and officials in Taipei say. The number of countries that recognize Taiwan diplomatically fell to 18 last week after Burkina …
your ad hereGreek Workers Join General Strike as End of Bailout Looms
Greece’s largest labor unions are staging a general strike against plans to extend austerity measures, in a 24-hour protest that halted ferry services to the islands, and disrupted flights, public transport and other services. Wednesday’s strike also closed schools and left public hospitals running on emergency staff. Government …
your ad hereStarbucks Closes Stores For Anti-Bias Training
Starbucks closed 8,000 of its stores Tuesday to give 175,000 employees about four hours of anti-bias training. The sessions were part of the company’s response to the April 12 arrests of two black men at a Starbucks in Philadelphia. Rashon Nelson and Donte Robinson had not purchased anything and told …
your ad hereAnalysis: N. Korea Sees US Economic Handouts As Threat
The U.S.-North Korea summit appears to be back on track, but Pyongyang is showing increased impatience at comments coming out of Washington that what leader Kim Jong Un really wants, even more than his nuclear security blanket, is American-style prosperity. It’s a core issue for Kim and a message President …
your ad hereStarbucks Closes Stores, Asks Workers to Talk About Race
Starbucks, mocked three years ago for suggesting employees discuss racial issues with customers, asked workers Tuesday to talk about race with each other. It was part of the coffee chain’s anti-bias training, created after the arrest of two black men in a Philadelphia Starbucks six weeks ago. The chain apologized …
your ad hereUS Consumer Confidence Rebounds, House Prices Increase
Consumer confidence rebounded in May, but households were a bit pessimistic about their short-term income prospects even as they expected strong job growth to persist, which could restrain consumer spending. The Conference Board said on Tuesday its consumer confidence index rose 2.4 points to a reading of 128.0 this month …
your ad hereTrump to Impose Tariffs on $50B of China’s Tech Goods
The White House says it plans to impose 25 percent tariffs on $50 billion of Chinese goods that contain “industrially-significant technology” as trade talks between United States and China continue. The White House said Tuesday the proposed tariffs are in response to China’s practices with respect to technology transfer, intellectual …
your ad hereStarbucks to Close Stores for Anti-Bias Training
In an effort to stem the outcry over the arrest of two black men at one of its stores, Starbucks will close 8,000 U.S. stores Tuesday afternoon for anti-bias training for its employees. On April 12, two black men went to a Philadelphia store and did not buy anything; instead, …
your ad hereStarbucks Training a First Step, Experts Say, in Facing Bias
Starbucks will close more than 8,000 stores nationwide Tuesday to conduct anti-bias training, the next of many steps the company is taking in an effort to restore its tarnished diversity-friendly image. The coffee chain’s leaders reached out to bias training experts after the arrest of two black men at …
your ad hereChina Rejects US Charge of "Forced Technology Transfer’ at WTO
China told the World Trade Organization’s dispute settlement body on Monday that U.S. accusations that Beijing forced companies to hand over technology as a cost of doing business in China were groundless. U.S. President Donald Trump has accused China of stealing American ideas and announced a plan for a $50 …
your ad hereNew Zealand Begins Mass Cull to Eradicate Cow Disease
New Zealand will slaughter more than 100,000 cows in an effort to eradicate a bacterial disease. The government and agricultural leaders announced Monday that it will spend over $600 million over the next decade to rid the country of Mycoplasma bovis, which causes udder infections, pneumonia, arthritis and other illnesses. …
your ad hereMyanmar’s Anti-Corruption Fight Gathers Steam
Myanmar’s anti-corruption commission has in recent weeks sued a senior bureaucrat and begun investigating a disgraced minister, indicating a crackdown on corruption promised by the government is finally happening. Often criticized as weak and unambitious, the commission’s stepped-up efforts suggest the Southeast Asian country is joining a regional trend. On …
your ad hereChina Approves 13 New Ivanka Trump Trademarks in 3 Months
Ivanka Trump’s brand continues to win foreign trademarks in China and the Philippines, adding to questions about conflicts of interest at the White House, The Associated Press has found. On Sunday, China granted the first daughter’s company final approval for its 13th trademark in the last three months, trademark …
your ad hereVietnam Is Following China in its Economic Development
Vietnam is imitating China in its efforts to grow economically and lags its larger neighbor only by about a decade, experts say. The two communist countries, though political rivals, have built up their state-controlled economies on job creation through factory work for export. China opened that effort to foreign investment …
your ad hereNew York Clothing Store Sells Gender Neutral Lifestyle
New shops appear in New York City every day, but Phluid Project, which recently opened its doors on Broadway, is different. One of the first gender-fluid boutiques in the world, Phluid Project sells clothing for men, women and everyone in between. Both the clothes and the mannequins here are gender-neutral, …
your ad hereRussia, Turkey OK Pipeline Deal, End Gas Dispute
Russian state gas giant Gazprom said Saturday it had signed a protocol with the Turkish government on a planned gas pipeline and agreed with Turkish firm Botas to end an arbitration dispute over the terms of gas supplies. The protocol concerned the land-based part of the transit leg of the …
your ad hereItaly’s President Pressured to Accept Euroskeptic Minister
Italy’s would-be coalition parties turned up the pressure on President Sergio Mattarella on Saturday to endorse their euroskeptic pick as economy minister, saying the only other option might be a new election. Mattarella has held up formation of a government, which would end more than 80 days of political deadlock, over concern about the desire …
your ad hereKenya Moves to Regulate Digital-Fueled Lending Craze
Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that enables people to transfer cash and make payments on cellphones without a bank account. Now, a proliferation of lenders are using the same technology to extend credit to the banked …
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