Thursday, January 18, 2018

Pot industry frets, then shrugs off Sessions’ new policy

This week’s announcement that the U.S. Justice Department was ditching its hands-off approach to states that have legalized marijuana initially sent some in the industry into a tailspin, just days after California’s $7 billion recreational weed market opened for business.

Wall Street’s love of tax cuts drove Dow to 25,000 mark

The Dow Jones industrial average surged past 25,000 Thursday, a strong signal of investor enthusiasm for President Donald Trump’s $1.5 trillion tax cut. The milestone comes less than a year after the Dow topped 20,000.

Your paycheck may be going up soon because of tax cuts

Millions of working Americans should start seeing fatter paychecks as early as next month, Republican leaders say, as a result of the recently passed tax law.

US stocks mount milestone-shattering run in 2017

Taken a look at your stock portfolio lately? It’s a good bet it’s racked up solid gains for the year.

Goldman Sachs expects $5 billion hit from tax overhaul in 4Q

Goldman Sachs expects to take a $5 billion hit to profits for the fourth quarter and year because of the tax overhaul signed into law last week.

After net neutrality: Brace for internet ‘fast lanes’

Now that federal telecom regulators have repealed net neutrality, it may be time to brace for the arrival of internet “fast lanes” and “slow lanes.”

Twitter suspends white nationalists as it enforces new rules

Twitter suspended the accounts of well-known white nationalists Monday, moving swiftly to enforce its new rules aimed at reducing what it deems abusive content.

World shares gain as focus turns to US tax overhaul

Share prices were higher in Europe on Monday after a day of robust gains in Asia. Japan’s benchmark jumped 1.6 percent on news the country’s exports surged in November. Wall Street looks set to extend last week’s gains on optimism over prospects for U.S. tax reform legislation.

Bitcoin futures rise as virtual currency hits major exchange

The first-ever bitcoin future began trading Sunday as the increasingly popular virtual currency made its debut on a major U.S. exchange.

Sexual misconduct often part of the job in hospitality work

In the wake of sexual misconduct allegations against several prominent men in entertainment, politics and journalism, accounts like the ones these women share quietly play out in restaurants, bars and hotels across the country and rarely get the headlines.