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Amazon Loudly Backs Cannabis Legalization, But Silently Bans Weed Grinders
Thursday, September 29, 2022 - 2:21pm | 861Amazon (NASDAQ: AMZN) made headlines last year when it came out in support of ending marijuana prohibition. Now, it seems the company has gotten cold feet. It is reportedly clearing spice grinders, used by some to grind weed flower, from its site ostensibly in keeping with...
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New Treatments For Opioid Addiction: Vaccine And CBD Product In Development
Tuesday, January 18, 2022 - 4:28pm | 658With drug overdoses having skyrocketed over the past two decades and deaths increased over four times in the period between 1999 and 2017, according to CDC data, it's no surprise that the number of those prone to opioid use disorder and opiate addiction is rising...
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Boeing Shifts 777 Work Back To Humans Following Robotic Failures
Thursday, November 14, 2019 - 1:17pm | 660In a world full of fears of robots taking jobs, Boeing Co (NYSE: BA) is the company taking jobs from robots. The robots that have been assembling the fuselage sections for Boeing’s 777 and 777X jets aren’t being laid off, but some of their work is being taken over by human...
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Report: DOJ, DOT Scrutinizing Boeing 737 MAX Jets
Monday, March 18, 2019 - 10:21am | 683Following two fatal crashes of Boeing Co (NYSE: BA)'s 737 Max Jetliners, federal prosecutors and the Department of Transportation are scrutinizing the development and rise of the plane, the Wall Street Journal reported Sunday. What Happened A grand jury subpoena was issued...
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Cloud IPO Apptio Soars In Market Debut
Sunday, September 25, 2016 - 1:16pm | 358Cloud-based tech company Apptio Inc (NASDAQ: APTI) officially launched its IPO Friday, and shares were seen soaring over 44 percent on its first day of trading. Initially priced at $16, Apptio went as high as $24.60 on the day. Goldman Sachs and JPMorgan were the lead underwriters for the...
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There's Evidence Boeing Job Cuts Correlate With Stock Gains
Thursday, March 31, 2016 - 9:45am | 303The Seattle Times has reported that Boeing Co (NYSE: BA) is expected to lay off 4,000 employees by June. According to Deutsche Bank analyst Myles Walton, that could be good news for shareholders. Walton looked back at the last 18 years since the McDonnell Douglas merger at the correlation...
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Nintendo's Wii U Could be Sold Through Cable Providers
Thursday, October 11, 2012 - 12:31pm | 700Nintendo of America (OTC: NTDOY) President Reggie Fils-Aime has hinted at the possibility of a partnership with Comcast (NASDAQ: CMCSA) and other cable companies that would allow them to sell the Wii U. In an interview with the Seattle Times, Fils-Aime was asked if Nintendo would sell its new...
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Barclays CEO Follows Chairman Out the Door
Tuesday, July 3, 2012 - 8:24am | 468After Barclays (NYSE: BCS) Chairman Marcus Agius resigned his position Monday, CEO Bob Diamond quit on Tuesday amid the rate-fixing scandal. Agius stepped up yesterday and said that "the buck stops with me," before quitting his job and saying that the scandal has dealt a "devastating blow," to the...
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Barclays Chairman Resigns Amid Scandal
Monday, July 2, 2012 - 8:05am | 424Barclays (NYSE: BCS) Chairman Marcus Agius has resigned his position on Monday in the middle of the bank's rate-fixing scandal. Agius stepped up and said that "the buck stops with me," before quitting his job and saying that the scandal has dealt a "devastating blow," to the reputation of the bank...
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Boeing Dreamliner Delayed Again (BA)
Monday, December 20, 2010 - 12:28pm | 214According to an article in the Seattle Times, Boeing (NYSE: BA) is preparing to announce another delay for its 787 Dreamliner which is expected to be at least three months and possibly six or more. Furthermore, the story suggests that problems go "well beyond" this most recent delay which was...