Markets
Post-Brexit customs union would make Britain 3 pct poorer-NIESR
This data is from a report put out by National Institute for Economic and Social Welfare (NIESR). The research was commissioned by the People's Vote campaign for a further European Union referendum. READ: Tory MPs could quit over a Brexit deal with Labour, says newly promoted minister READ: Chances of a Brexit deal between May and Corbyn are becoming less and less likely However, the NIESR re... [Full Article...]
Woman arrested for having CBD oil at Disney, raises legal debate
A North Carolina woman, 69, was recently arrested at Disney World for possessing CBD oil, which her doctor had reportedly recommended for arthritis pain. Almost a month after the incident, all charges have reportedly been dropped. I didn't feel like I did anything wrong. I didn't know. I've never had but one speeding ticket in my life. [Full Article...]
Reliance Brands acquires 260-year-old British toy retailer Hamleys
In India , Reliance has the master franchise for Hamleys and operates through 88 stores in 29 cities. Its current owner, the Chinese fashion major C Banner International, which sells Steve Madden products in China , is cashing out of Hamleys less than five years after it bought the toy maker- more than 30% below the cost of purchase. [Full Article...]
Air Canada plane, fuel truck collide at Pearson airport
The plane was originally headed from Toronto to Sudbury, but turned back to Pearson due to bad weather in the northern Ontario city. The pilot, co-pilot, a flight attendant and two passengers were injured in the incident. The aircraft was evacuated and three people were taken to hospital with minor injuries . "The aircraft and vehicle were removed and no operational impact at the airport". [Full Article...]
Mazda Large Architecture To Introduce Inline-Six SkyActiv-X, SkyActiv-D Engines
Mazda's most powerful 2.5-liter turbocharged four-cylinder now produces 250 horsepower and 310 lb-ft of torque, so we assume this new inline-six will be even more potent. Mazda has confirmed it plans to build inline-six petrol and diesel engines, while also hinting it will develop a new rear-wheel-drive platform for large vehicles. [Full Article...]
Uber is expected to set its share price at $45
It assigns a valuation to Uber of $82.4 billion, significantly less than the valuation of up to $120 billion that its investment bankers predicted past year. Good model, growing sales. "It is still losing a ton of money", said Brian Hamilton, a tech entrepreneur and founder of data firm Sageworks. "If you buy, you are buying a bull market, not a company", he added. [Full Article...]
Beyond Meat runs to new high - Beyond Meat, Inc. (NASDAQ:BYND)
The new protein-based products have been engineered to look and taste like real meat. Two years in the past, the corporate introduced the launch of a McVegan burger, made with a soy patty, in Finland and Sweden. Easterbrook noted, though, that the company's menu teams are paying attention to the trend, and that McDonald's plans to "stay close to consumer demand". [Full Article...]
USA senators say Amazon smart speaker for kids violates privacy law
The Echo Dot Kids is the child version of Amazon's "home assistant" speaker device, which records and stores information from its users. The complaint also alleges that Amazon keeps children's voice recordings longer than necessary and that the tools allowing parents to delete recordings do not work properly. [Full Article...]