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Survey: Majority Of Americans Support Cannabis Businesses Engaging With Traditional Banking
Wednesday, March 9, 2022 - 5:27pm | 257According to a poll released on Tuesday by the American Bankers Association (ABA), 65% of respondents said they favor allowing cannabis businesses to “access traditional banking services, like a checking account or business loan, in states where cannabis is now legal.” Only 15% of the...
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Fintech Focus For March 3, 2021
Tuesday, March 2, 2021 - 10:57pm | 2042Quote To Start The Day: Being an entrepreneur is an existential, not just a financial thing. Source: Nassim Nicholas Taleb One Big Thing In Fintech: The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a...
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American Beverage Association Calls Philly 'Sugar Tax' Regressive
Friday, June 17, 2016 - 8:16am | 278In a lopsided 13–4 vote Thursday, Philadelphia passed a 1.5-cents-per-ounce tax on sodas. The tax applies both to sugar-added soft drinks and artificially sweetened diet sodas. That would add $1.02 to the cost of a two-liter bottle of soda pop. There’s already an 8 percent sales tax in...
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San Francisco Not So Sweet To Beverage Investors
Wednesday, May 18, 2016 - 4:44pm | 445The Wall Street Journal reported San Francisco is set to become the first U.S. city to require cigarette style “warning labels” on ads for sodas and other sugary beverages. The Letter Of The Law Effective July 25, the law will require billboards and other public advertisements to...
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This Million Dollar NBA Blunder Is Not What You'd Think
Tuesday, April 1, 2014 - 3:05pm | 473The world of sports is high-flying, fast-paced and filled with excitement. But not only do the players in such marquee leagues as the NFL, NBA and NHL take amazing risks and reap amazing rewards, but franchise owners and the leagues they are affiliated also take their fair share of risks. Some...