Month: April 2023
Lawmakers reintroduce SAFE Banking Act, a bill the cannabis industry hails as a lifeline
Aaron Smith, chief executive officer of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside the US Capitol in Washington, D.C., US, on Wednesday, Sept. 14, 2022. Ting Shen | Bloomberg | Getty Images A group of bipartisan lawmakers reintroduced the Secure and Fair Enforcement (SAFE) Banking Act […]
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SEC’s Gensler states ‘the regulation is clear’ for crypto exchanges and that they need to comply with regulators
U.S. Securities and Trade Commission (SEC) Chairman Gary Gensler, testifies right before the Senate Banking, Housing and City Affairs Committee all through an oversight hearing on Capitol Hill in Washington, September 15, 2022. Evelyn Hockstein | Reuters SEC Chairman Gary Gensler has a information for Coinbase and other crypto exchanges: The policies are obvious, and […]
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Investing in Area: Relativity CEO bets on even bigger rockets, A.I. capabilities
CNBC’s Investing in Room publication gives a view into the enterprise of area exploration and privatization, delivered straight to your inbox. CNBC experiences and curates the newest information, investor updates and special interviews on the most critical businesses achieving new heights. This week’s version was guest writtetn by CNBC’s Morgan Brennan, co-anchor on “Closing Bell: Extra […]
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Dropbox to lay off 500 staff members, or about 16% of its workforce
Dropbox CEO Drew Houston speaks onstage in the course of the Dropbox Perform In Development Convention at Pier 48 on September 25, 2019 in San Francisco Matt Winkelmeyer | Dropbox | Getty Images Dropbox on Thursday introduced programs to slash 500 workers, or about 16% of its workforce, in accordance to a weblog put up […]
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DOJ sues Tennessee for discriminating against transgender youth with new law
Activists for transgender rights gather in entrance of the US Supreme Courtroom in Washington, DC, on April 1, 2023. Andrew Caballero-reynolds | AFP | Getty Images The Office of Justice sued Tennessee for allegedly discriminating versus transgender youth with a new state regulation banning the use of puberty blockers, hormones, and other professional medical methods […]
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The United kingdom blocked Microsoft’s Activision offer. This is what it signifies for U.S. regulators
Folks try out Activision Blizzard Inc.’s ‘Call of Responsibility: Contemporary Warfare 3’ on Microsoft Corp. XBox 360 movie match consoles. Stephen Yang | Bloomberg | Getty Photos The U.K. Competitors and Markets Authority’s final decision to block Microsoft’s proposed acquisition of Phone of Obligation maker Activision indicates the U.S. does not will need to stand […]
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Southwest says Boeing’s aircraft delays will force the airline to scale back hiring plans
Southwest Airlines is reducing its hiring targets for this year because of delays in new aircraft from Boeing, the carrier’s CEO Bob Jordan said Thursday. The Dallas-based airline expects to receive just 70 new 737 Max planes from Boeing this year, down from a previous forecast of 90, which will reduce its capacity growth plans […]
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Abortion pill mifepristone is banned or restricted in some states despite Supreme Court ruling
In this photo illustration, packages of Mifepristone tablets are displayed at a family planning clinic on April 13, 2023 in Rockville, Maryland. Anna Moneymaker | Getty Images The abortion pill mifepristone is either banned or restricted to varying degrees in 27 states despite a Supreme Court decision that — for now — maintains Food and […]
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West Virginia Gov. Jim Justice is functioning for Joe Manchin’s pivotal Senate seat
West Virginia Governor Jim Justice (R) and US Senator Joe Manchin (L), Democrat of West Virginia, show up at a roundtable discussion on the opioid epidemic with regional and point out officials at the Cabell-Huntington Wellbeing Section in Huntington, West Virginia, July 8, 2019. Saul Loeb | AFP | Getty Pictures West Virginia’s Republican governor, […]
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The average price for a house in the Hamptons just hit a record $3 million
A beachfront residence is seen in East Hampton, New York. Jeffrey Basinger | Reuters The average price for a house in the Hamptons hit a record $3 million in the first quarter, highlighting a shortage of trophy beach homes for sale and the resilience of wealthy buyers. The average sales price in the New York […]
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