The landscape of cannabis consumption in New York City has undergone a dramatic transformation in recent years, with the emergence of luxury cannabis dispensaries in high-end retail districts such as Fifth Avenue. The legalization of adult-use marijuana in New York state has paved the way for licensed cannabis sales to soar, exceeding $100 million in
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The Food and Drug Administration has recently authorized Novavax’s updated protein-based Covid vaccine for emergency use in individuals aged 12 and above. This approval opens up the opportunity for Novavax’s vaccine to compete with the more widely known Pfizer and Moderna vaccines during the upcoming fall and winter months. Novavax’s vaccine specifically targets the omicron
Best Buy recently announced that it has raised its fiscal-year profit guidance after surpassing both earnings and revenue expectations for the most recent quarter. This move has sparked optimism among investors and analysts alike, with the retailer now expecting to see full-year adjusted earnings per share in the range of $6.10 to $6.35, up from
Ford Motor recently announced a shift in its approach to diversity, equity, and inclusion (DEI) initiatives, joining a growing list of companies reevaluating their commitments in this area. The automaker indicated that it conducted a review of its DEI policies and practices over the past year, taking into consideration the evolving external and legal landscape
The world has witnessed a remarkable surge in the population of crypto millionaires, with numbers skyrocketing by 95% over the past year. According to a recent report by New World Wealth and Henley & Partners, there are now 172,300 individuals globally holding more than $1 million in crypto assets, a significant increase from 88,200 in
As the upcoming National Basketball Association season approaches, Dallas Mavericks and New Orleans Pelicans fans are anxiously awaiting news on how they will be able to watch their local games. Both teams are making a significant move by exiting their regional sports networks owned by Diamond Sports, as revealed in a recent bankruptcy court filing.
Boeing’s announcement to return its Starliner capsule from the International Space Station without the NASA astronauts is a significant deviation from the original plan. The agency’s decision to have astronauts Butch Wilmore and Suni Williams return via SpaceX’s Dragon spacecraft highlights the issues faced during Starliner’s test flight, especially with its propulsion system. This unexpected
In response to the surge of Covid-19 cases in the U.S. this summer, the Biden administration announced that it will be reintroducing a program to offer free at-home Covid-19 tests to American households. This initiative, scheduled to launch in late September, aims to provide families with the tools they need to stay safe during the
The future of Paramount Global remains uncertain as the special committee announced an extension of the “go shop” period in the merger agreement with Skydance. Edgar Bronfman Jr. entered the picture with a competing offer of $6 billion, seeking to acquire a minority stake in Paramount. This offer aims to supersede Paramount’s existing merger agreement
Ford Motor recently announced a significant shift in its production plans, delaying the production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans for a three-row electric SUV. The company is now focusing on the development of hybrid models and electric commercial vehicles to better align with the market