IB Times: Business

This One-Of-A-Kind Marijuana Business Model Is Evolving Before Our Eyes

In less than two weeks, Canada's Senate will be voting on bill C-45, which is best known as the Cannabis Act. Assuming it receives a positive reception from lawmakers -- and all signs are currently

Walt Disney vs. Comcast: The Fox Drama Continues

Another round has been completed in the epic battle of our time -- no, not the Rebels versus the Dark Side but rather Walt Disney (NYSE:DIS) versus Comcast (NASDAQ:CMCSA), which are battling each

Samsung To ‘Consider All Options’ In Apple Patent Lawsuit $539 Million Verdict

Even after a jury in a San Jose, California, federal courtroom delivered a verdict Thursday in the seven-year-old Apple vs. Samsung patent infringement lawsuit, the case — one of the most complex in

Tesla News: Electric Car Company Trims Up To $14,000 Off Model X In China After Tariff Cuts

BEIJING - Tesla Inc has slashed up to $14,000 off its Model X in China after Beijing announced major tariff cuts for imported automobiles, a potential sales boost for the U.S. firm as the world’s

Media Merger: Comcast Prepares To Top Disney's $50 Billion Offer For Fox

Comcast Corp (CMCSA.O) confirmed for the first time on Wednesday it was preparing a higher, all-cash offer for the businesses that Twenty-First Century Fox (FOXA.O) has agreed to sell to Walt Disney

Barclays Mulling Standard Chartered Merger To Thwart Activist Investor, Report Says

British banking and financial services company Barclays is said to be considering a merger with rival Standard Chartered, and maybe some other banks too, according to a report Wednesday. However,

Dodd-Frank Rollback: Congress Easing Rules On Small Banks?

WASHINGTON - Congress on Tuesday rolled back some of the restraints imposed on banks after the 2007-2009 global financial crisis, but big players like Goldman Sachs ( GS.N ), Morgan Stanley ( MS.N )

Who Is Marvin R. Ellison? JC Penney Announces Resignation Of Chairman And CEO Amid Stock Decline

Retailer J.C. Penney on Tuesday announced that Chairman and CEO Marvin R. Ellison has resigned from his position as the company has suffered a two-year decline in revenue. Ellison's decision comes as

Hurricanes, Wildfires Caused Damage Worth $306 Billion In 2017, Highest In History

Delving into the Storm Events and Billion-Dollar Weather and Climate Disasters databases of National Oceanic and Atmospheric Administration’s National Centers for Environmental Information (NCEI),

Starbucks’ ‘Third Place Policy’: How Will It Affect Paying Customers?

Starbucks on Saturday announced its new “Third Place Policy” where “any customer is welcome to use Starbucks spaces, including our restrooms, cafes and patios, regardless of whether they make a

Why Walmart Is So Eager to Win Your Online Grocery Business

Fresh off a successful push into online grocery pickup, the country's biggest retailer is taking things to the next level. Walmart (NYSE:WMT) is rolling out a grocery delivery service over the next

Microsoft Acquires Semantic Machines For Conversational Artificial Intelligence

Earlier this month at its I/O developer conference, Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) subsidiary Google wowed everyone by demonstrating a new conversational artificial intelligence (AI) technology

Cryptocurrency Scams: US, Canadian Regulators To Launch Dozens Of Investigations

WASHINGTON - U.S. and Canadian state securities regulators announced Monday they have launched dozens of investigations into cryptocurrency scams. The North American Securities Administrators

Blackstone To Buy LaSalle Hotel For $3.7 Billion

Private equity firm Blackstone Group LP ( BX.N ) said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties ( LHO.N ) for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust (

GE-Wabtec Merger: General Electric's Transportation Unit Merges With Rail Equipment Maker In $11.1 Billion Deal

General Electric Co ( GE.N ) confirmed on Monday it was unloading the bulk of its transportation business which makes train engines to Wabtec Corp ( WAB.N ), a U.S. manufacturer of equipment for the

PayPal Is Spending $2.2 Billion To Take On Square

PayPal (NASDAQ:PYPL) is making its biggest acquisition ever, plunking down $2.2 billion for iZettle, a Stockholm-based in-store payments service provider. iZettle will provide a greater presence for

Exclusive: GE Nears Deal To Merge Transportation Unit With Wabtec, Sources Say

General Electric Co ( GE.N ) is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp ( WAB.N ), a U.S. maker of equipment for the rail industry, two

Stock Market: Wall Street's 'Sell In May' Could Be Fading Away

NEW YORK - “Sell in May and go away,” arguably the most well-worn axiom on Wall Street, has proven to be shrewd advice during previous midterm election years. Though the exact origins of the phrase

How Netflix Uses Algorithms To Attract Top Talent

With 125 million subscribers worldwide and growing, it's hard to argue with Netflix (NASDAQ:NFLX), whose strategy revolves around original programming. The company plans to spend about $8 billion on

California's Solar Mandate Could Be A $2 Billion Windfall For The Solar Industry

California's Energy Commission has officially made solar mandatory for new homes built after 2020. This gives the solar industry a new guaranteed market of about 222 megawatts (MW) per year, according