As marijuana safety concerns grow, Stephen Shearin, Tranzbyte COO, discusses his company's age verification marijuana vending machine for medicinal users.» Read More
RICHMOND, Va.— Reynolds American Inc.' s first-quarter profit fell more than 28 percent as the company sold fewer cigarettes and spent more on expanding its electronic cigarette brand and legal costs.
WASHINGTON— To hear party operatives describe the fight for the Senate, it's the boogeyman billionaires against the shifty septuagenarian. Now, Republican candidates are adjusting their plans and linking Democratic Senate candidates to Reid, painting the 74- year-old leader and his allies as unscrupulous politicians.
NEW YORK, April 22- Goldman Sachs Group Inc's asset-management business has agreed to buy Westpeak Global Advisors, a firm that aims to beat market indexes by using factors other than company size to pick stock investments.
*Netflix up after results; Facebook gains on upgrade. Netflix Inc surged 7 percent to $372.90 a day after showing strong subscriber growth, a sign the trading favorite still had room to grow despite recent concerns over its valuation.
WASHINGTON— With college commencement ceremonies nearing, the government is offering a modest dose of good news for graduating seniors: The job market is brightening for new grads— a bit. The Labor Department on Tuesday said the unemployment rate for 2013 college graduates— defined as those ages 20 to 29 who earned a four-year or advanced degree— was 10.9 percent.
MIAMI— Leaders with the largest nonprofit organization for young Cuban-Americans quietly provided strategic support for the federal government's secret "Cuban Twitter" program, connecting contractors with potential investors and even serving as paid consultants, The Associated Press has learned.
*Wheat suffers biggest one-day drop in more than a year. "Wheat is the star of the show," said Sterling Smith, futures specialist for Citi. Chicago Board of Trade wheat for May delivery closed down 23 cents, or 3.3 percent, at $6.68-1/ 4 after touching a one-week low of $6.62-3/ 4 earlier in the session.
DENVER— Colorado appears to be giving up on its effort to crack down on medical marijuana growers who are using a legal loophole to grow high numbers of pot plants without the kind of oversight faced by commercial growers. Colorado has about 3,300 designated caregivers, registered under a model that wasn't affected by the passage of recreational pot in 2012..
New York- based Orange Capital, which raised its stake in the company to 4.5 percent, as of April 10, said it was in talks with the company regarding opportunities to maximize shareholder value.
Buying marijuana in pot-friendly Colorado just got even easier, like buying a can of soda or pack of gum from a vending machine.
*Wheat drops 3.6 percent to one-week low. Wheat futures dropped 3.6 percent to a one-week low on expectations for more rainfall in the drought-stricken Plains. Chicago Board of Trade wheat for May delivery was down 25-1/ 2 cents, or 3.7 percent, at $6.65-3/ 4 a bushel at 10:15 a.m CDT.
TORONTO, April 21- Talks between Barrick Gold Corp and Newmont Mining Corp about a potential merger have hit a snag, but sources close to the situation say the companies remain keen to reach a deal and discussions are likely to resume.
Secretary of Agriculture Tom Vilsack announced in Cedar Rapids the formation of the first Rural Business Investment Company, a for-profit firm licensed by the USDA to invest in businesses that otherwise might not have the capital to increase business opportunities. The USDA traditionally has offered guaranteed loans or direct loans for rural businesses.
DETROIT— General Motors waited years to recall nearly 335,000 Saturn Ions for power steering failures despite getting thousands of consumer complaints and more than 30,000 warranty repair claims, according to government documents released Saturday.
Democrats are split between environmentalists and business and labor groups, with the proposed Canada- to- Texas oil pipeline a major wedge.
DENVER— Colorado added jobs for the 29th straight month in March, and as the good economic news mounts, more people are seeking work, the state's chief economist said Friday. Employers also are optimistic, according to a business confidence index released Thursday by the University of Colorado's Leeds School of Business.
DENVER— Christian radio broadcaster James Dobson has won a temporary injunction preventing the federal government from requiring his ministry to include the morning-after pill and other emergency contraception in its health insurance. A federal judge in Denver issued the injunction Thursday.
WASHINGTON, April 17- The U.S. Department of Energy displayed a "lack of guidance" in how it dealt with millions of dollars in loan guarantees to now-bankrupt Abound Solar Manufacturing, the agency's internal watchdog said in a report on Thursday.
NEW YORK, April 17- U.S. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. The Philadelphia Federal Reserve Bank also said factory activity in the U.S. mid-Atlantic region picked up in April at a faster clip than expected.
April 17- Chipotle Mexican Grill Inc on Thursday said it will increase menu prices for the first time in nearly three years, fueled by all-time high costs for steak as well increasingly expensive avocados and cheese.