Month: September 2023
New York expands legal marijuana licenses — but some would-be retailers feel left behind
A woman walks by a smoke shop in New York City that displays a marijuana leaf in the window, June 16, 2023. Spencer Platt | Getty Images News | Getty Images Coss Marte’s marijuana dispensary in lower Manhattan has already cost him over $1 million, and it’s not even open yet. He was awarded a […]
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Caesars paid out tens of millions in ransom to cybercrime group prior to MGM hack
The exterior of Caesars Palace Hotel & On line casino is considered on Could 29, 2017 in Las Vegas, Nevada. George Rose | Getty Photos Times ahead of MGM’s computer techniques were taken down in a cyberattack, casino operator Caesars paid out a ransom value $15 million to a cybercrime team that managed to infiltrate […]
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Johnson & Johnson is having rid of its script brand following far more than 130 decades
Johnson&Johnson updates their symbol soon after 130 decades. Courtesy: Johnson&Johnson Johnson & Johnson is signing off on a new logo. The well being care large reported Thursday that it will switch the well-recognized signature script it has applied because 1887 with a present day glimpse that displays its sharpened focus on pharmaceuticals and medical devices. […]
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Investing in Space: Industry enters new era with tight funding and SpaceX dominance
On site at the 2023 edition of the World Satellite Business Week conference in Paris, France. Michael Sheetz | CNBC CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on […]
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SoftBank’s Masayoshi Son states AI-fueled technology can surpass human intelligence ‘big time’
This file picture taken on July 28, 2016 displays SoftBank Group Agent Masayoshi Son speaking at a push meeting to announce the firm’s monetary final results in Tokyo. Kazuhiro Nogi | Afp | Getty Visuals Synthetic intelligence is able of encouraging address some of the world’s largest problems and could probably surpass the intelligence of […]
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Arm China ‘doing nicely,’ CEO claims, even as SoftBank’s Masa Son minimizes China exposure
You can view David Faber’s job interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son on CNBC Pro. Arm’s China subsidiary is “doing nicely” with strong potential in information centre and automotive applications, irrespective of the geopolitical tumult of the last couple of decades, Arm Holdings CEO Rene Haas claimed in an interview […]
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Arm climbs 10% in Nasdaq debut right after pricing IPO at $51 a share
Arm CEO Rene Haas and executives cheer, as Softbank’s Arm, chip structure company, retains an preliminary community presenting (IPO) at Nasdaq Market web-site in New York, U.S., September 14, 2023. Brendan Mcdermid | Reuters Arm Holdings, the chip layout business managed by SoftBank, jumped 10% in its to start with working day of buying and […]
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Sweetgreen sued by workers at 7 New York restaurants for alleged racial discrimination
Workers prepare apples and avocados inside a Sweetgreen Inc. restaurant. Adam Glanzman | Bloomberg | Getty Images Ten Sweetgreen employees are suing the salad chain, alleging racial discrimination at seven of its New York City restaurants. The lawsuit, filed Thursday in New York Supreme Court in the Bronx, alleges that the plaintiffs’ co-workers and managers […]
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European stocks close 1.5% higher after ECB hikes interest rate to record 4%
European stocks end the day 1.61% higher after ECB rate hike The pan-European Stoxx 600 index closed around 1.61% higher at 4.30 p.m. London time after the European Central Bank hiked interest rates to a record level. The ECB raised rates by 25 basis points, bringing the central bank’s main deposit facility to 4%. It […]
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Kevin Hart’s tequila brand strikes deal with Philadelphia Eagles as spirits push deeper into sports
When the Philadelphia Eagles kick off their home opener on Thursday Night Football, the NFL team will also start a new sponsorship deal with Gran Coramino, the luxury tequila brand co-founded by comedian, entrepreneur and Philadelphia native Kevin Hart. “It’s a big deal! To be in partnership with the Eagles and aligned with Philadelphia in […]
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