Shares of cannabis company Tilray Brands (NASDAQ:TLRY) jumped 38.5% in the afternoon session after reports that President Donald Trump is considering reclassifying marijuana as a less dangerous drug, a move that could transform the cannabis industry’s regulatory landscape. The potential move, first reported by The Wall Street Journal and later confirmed by President Trump, would…
President Trump on Monday signed an executive order implementing another 90-day pause on additional tariffs on China that were set to take effect on Tuesday, reports said. The move again pushes off a deadline for imposing the harshest taxes on Chinese imports as the two sides continue negotiations on a deal. Reports from CNBC, The…
Robert Thomson, CEO of Rupert Murdoch’s News Corp., which was sued last month by Donald Trump, found a crafty way to bring Trump back into the conversation Tuesday. The feisty and puckish exec, whose signature communiqués often include alliteration and high-flown language, cited Trump in the company’s fiscal fourth quarter earnings report. Trump’s suit was…
Costco’s store brand, Kirkland Signature, has a reputation for high quality at low prices, and there’s a reason for that. Costco doesn’t aim to make products that are just as good as the name-brand versions; it aims to make products that are better. “I want to get that little bit of extra differentiation from the…
The Wall Street Journal has denied violating Hong Kong labour laws for its dismissal of an employee after she was elected the head of the city’s largest journalist union last year. Counsel for Dow Jones Publishing Co (Asia), a branch of the company that runs the United States-based newspaper, said in a letter to Eastern…
The largest producer of aluminum in the US, Alcoa Corp., claims that tariffs cost it $115 million in Q2. Bloomberg reports: Alcoa Corp., the largest US aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter, showing how US President Donald Trump’s trade agenda has affected the industry. The…
Trump sues over Wall Street Journal report linking him to Jeffrey Epstein – CBS News Watch CBS News President Trump is suing the Wall Street Journal for $20 billion in damages. The paper reported that he sent a risqué birthday letter to Jeffrey Epstein for his 50th birthday. Willie James Inman has the latest. Be…
Trump sues Wall Street Journal over Epstein story – CBS News Watch CBS News President Trump on Friday filed a libel lawsuit against the Wall Street Journal’s publisher and its leader, Rupert Murdoch, after the paper published a story on what it called a “bawdy” birthday letter to Jeffrey Epstein that the paper alleged was…
President Trump on Friday filed a libel lawsuit against the Wall Street Journal’s publisher and its leader, Rupert Murdoch, after the paper published a story on what it called a “bawdy” birthday letter to Jeffrey Epstein that the paper alleged was signed by Mr. Trump. The lawsuit, filed in the Southern District of Florida, seeks…
UPDATED, with additional Trump comment: Donald Trump said that he planned to sue Rupert Murdoch‘s “ass off” after The Wall Street Journal published a story about his relationship with convicted sex offender Jeffrey Epstein. The Journal reported earlier on Thursday on a birthday album that was given to Epstein in 2003, featured collected letters from…