Interview

With states now free to pursue legal sports betting, the NCAA will likely face even more pressure to finally compensate its players with more than scholarships. The National College Athletic Association is perhaps the most vulnerable to potential corruption among players in the wake of the Supreme...

The newly formed Detroit Fintech Association has a threefold mission: networking and job placement; attracting tech workers and companies to Detroit; and mentoring students in financial literacy and investing. “There are financial technology companies all over the country. A lot in New York [...

Walt Disney Co (NYSE: DIS) cancelled ABC’s “Roseanne” reboot Tuesday after star Roseanne Barr tweeted a racist comment about an adviser to former President Barack Obama. What Happened Barr posted early Tuesday that if “muslim brotherhood & planet of the apes had a baby...

A consolidation wave is sweeping across the marijuana industry, as companies aim to improve their competitive positioning and market share in an industry which offers a lot a promise. Aurora Cannabis Inc (OTC: ACBFF) recently announced a deal to buy MedReleaf Corp (OTC: MEDFF) in an all-cash...

This was another busy week for cannabis stocks, with Canadian grower Canopy Growth listing on the NYSE, Khiron Life Sciences on the TSX Venture Exchange, investments surpassing $3 billion, and the New York Democratic Party saying it's overtly endorsing marijuana legalization. “The...

A few weeks ago, Benzinga had the chance to visit the offices of Poseidon Asset Management, a San Francisco-based cannabis-focused long/short hedge fund with more than $40 million in assets under management. Co-founder and managing partner Emily Paxhia mentioned and her brother and partner...

Broadly speaking, the financial services sector is disappointing this year. Year-to-date, the Financial Select Sector Index, one of the most widely followed gauges of large-cap financial stocks, is down about 1 percent.   Amid the Trump Administration's efforts to relax industry...

The rise of marijuana as an increasingly above-board business while it remains federally illegal is “the most interesting dilemma we have in the country,” Kevin O’Leary said during an appearance at Benzinga this week. The "Shark Tank" judge asked a roomful of business...

The O’Shares FTSE Russell Small Cap Quality Dividend ETF (NYSE: OUSM) has been reorganized with new criteria met by only 224 companies in the Russell 2,000. The changes included dropping REITs and demanding profitability and a higher return on assets, O’Shares ETF Investments Chairman...

With General Motors Company (NYSE: GM)’s headquarters visible behind him, “Shark Tank” judge Kevin O’Leary said Tuesday that automotive brands are losing importance. In 15 or 20 years, passengers won’t care about the branding of the vehicle they’re hailing for a...

As Benzinga recently detailed, smoking is just one of many ways to consume cannabis. In fact, smoking is becoming less popular as other smokeless options continue to emerge. They include distillates, a kind of cannabis concentrate found in some vape pens or sold for use with dab rigs. Much has been...

This was a very active week in the cannabis capital markets, with Cronos Group reporting earnings, Canopy Growth applying to trade on the NYSE, Aurora Cannabis acquiring MedReleaf in the largest cannabis deal in history and GTI announcing intentions to go public in Canada. The news drove the United...

Skechers USA Inc (NYSE: SKX) has accused German footwear maker adidas AG (ADR) (OTC: ADDYY) of blocking Skechers' entry into the basketball shoe market in a lawsuit filed in U.S. District Court.  The lawsuit, filed May 9, came one day before a U.S. Appeals Court decision...

"Fortnite" emerging as the biggest video gaming story of the year has had a profound effect on Turtle Beach Corp (NASDAQ: HEAR), a gaming headset manufacturer that has seen its shares rise a remarkable 770 percent in 2018. Huge Success Turtle Beach is seen as a nearly pure play to...

The winners of the 2018 Benzinga Global Fintech Awards announced on Tuesday evening recognizized innovators in everything from lending to robo-advisors. Three of those winners—Vestwell CEO Aaron Schumm (3rd place overall winner), M Science CEO Michael Marrale (winner of Finding Alpha Through...