The state of New York just made a huge leap forward with medical marijuana – and the U.S. Department of Veteran Affairs, or VA, is not happy about it.
But it doesn’t matter. The VA stands no chance against medical marijuana’s insane trajectory.
Over the weekend, NY Gov. Andrew Cuomo signed new legislation that allows those in the state with post-traumatic stress....More>>>
Want to avoid a three-hour drive to the airport in some of India’s worst traffic?
Bangalore is now offering helicopter transfers between the city and its airport for around $65.
The gateway to India’s Silicon Valley launched its HeliTaxi service on Monday, promising to ferry customers the 40 miles between Bangalore’s Electronic City tech hub and the international....More>>>
Zeke Capital Advisors LLC purchased a new stake in Interpublic Group of Companies (NYSE:IPG) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,727 shares of the business services provider’s stock, valued at approximately $201,000.
Other large investors have also added to or reduced their....More>>>
Is the bitcoin boom about to turn into one of history’s biggest busts?
The digital currency’s massive surge this year — it’s up more than 1,400% — has all the hallmarks of a huge speculative bubble, according to people such as Warren Buffett.
And if it bursts, the results are likely to be spectacular.
“In terms of how it ends, bubble....More>>>
&l;p&g;Americans are a little behind when it comes to tax laws. For instance, 26% aren&a;rsquo;t aware that a &l;a href=&q;http://docs.house.gov/billsthisweek/20171218/CRPT-115HRPT-466.pdf&q; target=&q;_blank&q;&g;new tax bill&l;/a&g; was signed into law in 2017, according to the &l;a href=&q;https://www.nerdwallet.%20com/blog/taxes/2018-tax-%20report/&q; target=&q;_blank&q;&g;latest NerdWallet....More>>>
Jeremy Grantham, the 79-year-old investor known for his bearish views, is so bullish on emerging-market stocks that he’s telling his own kids to invest more than half their retirement money in the asset class.
"What I would own is as much emerging-market equity as your career or business risk can tolerate," Grantham, co-founder of GMO, the Boston-based asset-management company,....More>>>
Deals and Financings
China Renaissance, a Beijing investment bank and VC/PE investor, plans to expand its investment funds operations, climbing from $3 billion assets under management currently to $10 billion over the next three years. At the moment, the company runs two funds: Huaxing Growth Capital, focused on technology, media and entertainment, and Huaxing Healthcare. The company plans....More>>>
Gundlach: Robos Could Cause Next Crash; Passive Mania Will Wane
13 Best & Worst Broker-Dealers: Q1 Earnings, 2017
New Evidence of Fiduciary Rules Harm, Chamber Report Says
For every buyer, there’s a seller; for every winner, a loser.
At least, that’s how it usually goes. Yet that hasn’t borne out in the U.S. stock and bond markets. The S&P 500....More>>>
Transamerica Parent Makes US Deal
DOL Wont Delay June 9 Fiduciary Rule Compliance Date: Acosta
Distributions Out of a Cash Value Life Insurance Policy
The administration of President Donald Trump has proposed a budget for fiscal year 2018 that could lead to increases in spending on major Affordable Care Act programs and on U.S. Department of Labor benefits compliance efforts.
Transocean Ltd. (NYSE:RIG) is the largest offshore drilling company by market cap at $3 billion. The company, like most offshore drillers, are unable to sign many new contracts for its rigs and jackups as Brent is now sitting around $56. However, the company’s financial situation is strong enough to remain without liquidity trouble for at least three more years of current....More>>>