Marijuana stock backed by Peter Thiel surges on US import approval

20th September 2018

Canadian pot firm Tilray posted strong gains in trading Wednesday after the Peter Thiel-backed firm gained U.S. federal approval to import marijuana for medical research purposes. Tilray shares closed 38 percent higher after a volatile day of trading that saw the company’s stock climb as much as 90 percent before giving back some of its gains. Trading of the stock was halted on multiple occasions due to volatility. Federal approval…

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FBI investigating American Express foreign-exchange pricing

20th September 2018

The Federal Bureau of Investigation has launched a probe into pricing practices within American Express Co.’s foreign-exchange unit, according to people familiar with the matter. The investigation, which is being run out of the FBI’s Washington field office, is in its early stages and is focused on whether the foreign-exchange international payments department misrepresented pricing to clients in order to win their business, the people said. The FBI began its…

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Should Amazon split into two companies?

20th September 2018

Amazon Vice President Nick Denissen on how the technology giant opened an online store where shoppers can purchase products from small and medium-sized businesses. Little Flower Soap Company Founder Holly Rutt on how Amazon has helped her business. E-commerce giant Amazon has been the focal point of a variety of attacks from President Trump and his administration, and one analyst thinks the company should split in two to avoid increased…

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Twitter’s case for keeping Alex Jones is falling apart

20th September 2018

On Tuesday, weighing in on the public pressure to ban Alex Jones and Infowars from Twitter, CEO Jack Dorsey called on journalists for help. “Accounts like Jones’ can often sensationalize issues and spread unsubstantiated rumors,” Dorsey tweeted, “so it’s critical journalists document, validate, and refute such information directly so people can form their own opinions. This is what serves the public conversation best.” Journalists complained loudly about being asked to perform…

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National Cheeseburger Day 2018: Wendy’s offering free burgers through Sept. 30

20th September 2018

This National Cheeseburger Day deal starts early and stretches beyond the made-up food holiday on Tuesday. Now through Sept. 30, Wendy’s is offering free burgers, and this isn’t a one-time offer. For the rest of the month, with any Wendy’s purchase and the fast-food chain’s app, get a free Dave’s Single at participating locations. The app is available for Apple and Android devices. “With the momentous holiday approaching on September…

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