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Analysis: Should You Be Afraid Of A Monkeypox Pandemic?
2022 May 20, 12:00pm | 666The coronavirus pandemic has yet to be firmly tucked into the history books even as a new health threat emerges: monkeypox, a rare infectious virus that has suddenly become more prevalent in Europe and is now being detected in North America. Should people be concerned that a new health crisis is...
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Gavin Newsom's Cannabis Tax-Cut Proposal: Industry Leaders Complain It Doesn't Fix Key Problems
2022 May 20, 11:35am | 412Although California Governor Gavin Newsom’s proposal of eliminating cannabis cultivation taxes has received a lot of support, it also has its detractors. The measure has triggered criticism due to the rise of the retail excise tax on marijuana. The project aims to reduce tax pressure on licit...
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Cybersecurity Report Finds Microsoft Censoring Politically Sensitive Chinese Names In US Searches
2022 May 20, 10:50am | 352A Microsoft Corp (NASDAQ: MSFT) search engine has made it more challenging in North America to look up politically sensitive people for China, the Wall Street Journal reports. Citizen Lab consistently found that Bing censored politically sensitive Chinese names. Bing’s...
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This US Ruling Could Force Google To Break Up Its Ad Business
2022 May 20, 10:43am | 328A bipartisan group of senators led by Utah Republican Mike Lee introduced legislation targeting conflicts of interest in the advertising technology industry, the Wall Street Journal reports. The legislation could force Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google to break up...
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Amazon-NLRB Face Off Gets Murkier
2022 May 20, 10:37am | 290U.S. labor board prosecutors look to accuse Amazon.com Inc (NASDAQ: AMZN) of threatening staff against unionizing, proposing paying them minimum wage, and punishing an employee for seeking a paid Juneteenth holiday, Bloomberg reports. The National Labor Relations Board will file a...
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Chaos Breeds Opportunity - How You Can Capitalize On Carbon Transformation
2022 May 20, 10:00am | 523Gas prices are high, energy stocks are all over the map, there’s a push to move to electric vehicles, and of course, a push against it. Where does that leave us? Historically, progress is undefeated. While electric transportation has its shortcomings, it’s hard to see a future...
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Delaware House Rejects Cannabis Legalization Bill Despite Majority Votes, Rep. Ed Osienski's Two-Track Strategy
2022 May 20, 9:22am | 467The Delaware House of Representatives spurned a bill to legalize and regulate marijuana sales on Thursday, reported Marijuana Moment. HB 372, which would set up a specific regulatory framework for the recreational cannabis market got 23 votes in support and 15 against. The bill did not...
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Crown-Blackstone Deal's Prospect Hangs Subject To Regulatory Approval
2022 May 20, 7:59am | 239Blackstone Inc's (NYSE: BX) $6.3 billion buyout of Crown Resorts Ltd (OTC: CWLDY) got delayed pending regulatory approval despite positive shareholder approval, Reuters reports. Gambling regulators in New South Wales, Victoria, and Western Australia found the Crown unfit to...
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Danone Scales Up Baby Formula Shipments To US To Combat Shortage: Reuters
2022 May 20, 7:47am | 358Danone SA (OTC: DANOY) has stepped up shipments of infant formula from Europe to address a shortage in the U.S., analysis of ocean cargo data by U.S. customs data and shipping consultancy Ocean Audit for Reuters shows. Danone is the world's second-biggest baby milk formula maker...
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Here's How Microsoft Addressed Complaints From Smaller European Cloud Companies
2022 May 20, 7:40am | 354Microsoft Corp's (NASDAQ: MSFT) pitch to Brussels directly addressed competition worries with a clear geopolitical purpose prompted by recent complaints from smaller European cloud companies, the Financial Times reports. Microsoft laid out a series of "principles"...
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Cannabis Regulatory Update: Rhode Island, Minnesota, Colorado, Washington & Thailand
2022 May 19, 4:41pm | 1056Rhode Island Senate & House Committees Send Cannabis Legalization Bill To Full Chambers Rhode Island lawmakers gave the green light to a bill to decriminalize, regulate and tax adult recreational cannabis use, sending it to the full Senate and House for consideration. Both chambers scheduled a...
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Pfizer, NIH Mulling Study For Longer Paxlovid Course To Combat Reinfections
2022 May 19, 3:44pm | 310The U.S. National Institutes of Health and Pfizer Inc (NYSE: PFE) are discussing testing a longer course of COVID-19 antiviral treatment Paxlovid, required to prevent reinfections, White House Chief Medical Officer Anthony Fauci said. "We're going to be planning what...
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Here's Why US Is Probing Deutsche Bank, Other Banks
2022 May 19, 3:35pm | 249Deutsche Bank AG (NYSE: DB) is among several investment banks included in a comprehensive industry-wide U.S. regulatory probe, Bloomberg reports. The investigation determines the degree of employee reliance on private communication channels like Meta Platforms Inc (NASDAQ: FB)...
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Why SIGA Technologies Shares Are Trading Higher Today?
2022 May 19, 3:24pm | 334The FDA approved the intravenous (IV) formulation of SIGA Technologies Inc's (NASDAQ: SIGA) TPOXX for smallpox. The oral formulation of TPOXX (tecovirimat) is approved in the US, Canada, and Europe to treat smallpox. The European approval also includes the treatment...
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GameStop Faces Class Action Lawsuit For Alleged Breach Of Labor Law - Read Why
2022 May 19, 2:15pm | 258Former GameStop Corp (NYSE: GME) employee Trevon Mack prosecuted the video game retail company in a proposed class-action lawsuit for allegedly violating New York Labor Law, the Polygon reports. Mack and his lawyer asserted that GameStop workers qualify as “manual laborers,”...