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Read The Interesting Snippets Below For Exciting Small Business News!
Canada legalizes weed
– reuters.com
Canada became the first industrialized nation to legalize recreational cannabis, an example to emulate around the world, says a CEO. Fred Katayama reports.
Wall Street slips after Fed minutes released
– reuters.com
Wall Street’s major indexes slipped on Wednesday after the Federal Reserve meeting minutes showed broad agreement on the need to raise borrowing costs further. Fred Katayama reports.
Breakingviews TV: Pot luck
– reuters.com
Cannabis is legal for recreational use in Canada from today, but investors started celebrating long ago. Valuations have popped, deals are being struck and there are shades of last year’s bitcoin boom. John Foley and Jen Saba sift through the hype.
Top strategist: Saudi tensions keeping oil prices elevated
– http://www.cnn.com/
Deutsche Bank Chief U.S. Equity & Global Strategist Binky Chadha tells CNN’s Richard Quest that oil prices are too expensive, given other market metrics.
Coffee May Tame the Redness of Rosacea
– http://www.nytimes.com/
Women who drank four or more cups of caffeinated coffee a day had a 23 percent lower risk of the skin disorder than those who drank less than a cup a month.
The case for rotating out of major tech stocks
– http://www.cnn.com/
CEO of Exponential ETFs Phil Bak tells CNN’s Richard Quest why he thinks it’s time for investors to consider taking some profits from FAANG and putting their money elsewhere.
