News

DoorDash has opened its first shared pick-up and delivery kitchen in Redwood City, California.  Instead of providing square footage for dine-in customers, five restaurant operations will use the kitchen solely to prepare food for delivery through DoorDash's app. The four restaurants participating...

Nor'easter Remains a Wind Machine A strong Nor'easter continues to crank across the northeastern U.S. today, October 17, after "bombing out" last night over New England. This means the central atmospheric pressure of the storm dropped like a bomb – falling at least 24 millibars in 24 hours or less...

The future of the customs brokerage industry was very much under discussion at the Western Cargo Conference (WESCCON) of the Pacific Coast Council, held this year in Rancho Mirage, California. Among the issues discussed by various panels were how freight forwarders and customs brokers will be...

Year-to-date U.S. rail volumes continue to be lower compared with the same period in 2018 amid persistent economic uncertainty. For the week ending October 12, the U.S. operations of the Class I railroads originated 21.3 million carloads and intermodal units year-to-date, which is a 4.1% drop from...

B2B and B2C educational seminars, interactive activations and networking at Hyatt Centric Brickell Miami FORT LAUDERDALE, Fla.-- The Fourth Annual Cannabis LAB (CLAB) Conference & Expo is set for October 28-29 at the Hyatt Centric Brickell Miami. Based on the organization’s three pillars...

Israel, known as The Land of Milk and Honey, may soon be the “land of milk, honey and cannabis,” according to former Prime Minister Ehud Barak. Barak made the comment at a cannabis conference in April. Hyperbole aside, it’s not hard to see where that enthusiasm comes from. Though...

Cronos Group Inc. (NASDAQ: CRON) shares spiked 41.5% during Wednesday's after-market session at about 6:20 p.m. Peers such as Aurora Cannabis Inc (NYSE: ACB) and Tilray Inc (NASDAQ: TLRY) made significant moves higher in sympathy with Cronos Group. PreMarket Prep co-hosts Dennis Dick and Joel...

IBM (NYSE: IBM) shares tumbled 6% on Thursday after the company missed consensus revenue expectations and reported its fifth consecutive quarter of negative sales growth. Third-quarter revenue was down 4% from a year ago, but IBM’s recently closed Red Hat acquisition was a silver lining. Red...

The House of Representatives unanimously passed legislation on Oct. 15 that calls for the president to use the International Emergency Economic Powers Act (IEEPA) to impose sanctions on assets and financial transactions of individuals and entities who are "responsible for undermining fundamental...

Water trucks from UNICEF are providing a lifeline to civilians caught in Turkey's offensive into northeastern Syria as aid agencies halt operations in the escalating violence.  UNICEF partners began trucking 13,000 gallons of water per day to 4,000 people in shelters in Tel Tamer on October 15...

The ebb and flow of trade relations between the U.S. and China have had a significant effect on Pacific container markets, whether cargoes are discharged on the West Coast or transit the Panama Canal to the East Coast. Now, trade tensions are heating up between the U.S. and Europe. The U.S. is...

Voyager, a commission-free crypto asset broker, announced Monday will be offering 5% interest on Ethos holdings. The offer comes as the Ethos Token rebrands to the Voyager Token, or VGX.  To benefit from the announcement, users must deposit or purchase tokens by Nov. 1, 2019 and hold a...

While investors appear to remain stoked about Netflix Inc.'s (NASDAQ: NFLX) third-quarter earnings beat and subscriber growth, Macquarie downgraded the stock, saying growth was good, but it can't go on forever in the face of all the new streaming competition that's coming. The Analyst...