Paid members of the Arcview Group have committed to investing at least $50,000 into the budding cannabis industry. Members are in Denver hearing pitches from pot start-ups, reports CNBC's Josh Lipton.» Read More
TORONTO, July 31- Canadian media and cable company Shaw Communications Inc said it would buy data center services provider ViaWest Inc from Oak Hill Capital Partners and others in a deal valued at $1.2 billion on an enterprise basis.
Companies including Chipotle Mexican Grill Inc, Apple Inc and PepsiCo have shown they're able to take advantage of quality, trendiness, and, in the case of Pepsi's snack foods, market dominance, to maintain high prices or even raise them faster than the inflation rate, now at about 2.1 percent in the U.S.
WASHINGTON, July 24- The Obama administration on Thursday launched a $10 billion rural infrastructure fund that it hopes will jump-start investments in a wide range of projects in farm states.
The hearing takes place a week before the EPA holds a series of public meetings on its carbon plan in Denver, Pittsburgh, Washington and Atlanta. The group also telegraphed potential legal action, arguing the EPA had overstepped the bounds of the Clean Air Act to draft its complex rule.
July 21- Burrito chain Chipotle Mexican Grill Inc last quarter achieved what many of its rivals could only dream of: It raised prices, yet attracted more diners during a period of sluggish economic growth. Rival Panera Bread Co was on a similar trajectory until last year, when "operational friction" caused it to stumble on speed.
NEW YORK, July 21- An upstart U.S. food technology company has developed a unique fermentation process using mushrooms to reduce bitterness in cocoa beans that it believes will cut sugar content in chocolate candy.
Companies such as General Electric Co and Intel Corp have reported solid results. Intel declared that personal computer sales have stabilized, while it forecast third-quarter revenue above Wall Street's expectations.
Whiting Petroleum said it would acquire Kodiak Oil& Gas for $3.8 billion, becoming the largest producer in North Dakota's Bakken shale play.
July 13- Whiting Petroleum Corp said on Sunday it would acquire Kodiak Oil& Gas Corp for $3.8 billion in stock, to become the largest producer in North Dakota's Bakken shale oil formations, eclipsing Harold Hamm's Continental Resources Inc..
July 7- United Airlines said on Monday it plans to outsource more than 630 union jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan. "This is a bad business decision for United Airlines," Carlson said.
July 7- United Airlines said on Monday it plans to outsource more than 630 jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan.
NEW YORK, July 3- Wall Street on Thursday celebrated its love of zeros- the ones that come after commas, that is- as the Dow Jones Industrial Average topped the 17,000 mark for the first time.
SAN FRANCISCO, June 29- Apple Inc, Facebook Inc and other prominent Silicon Valley technology companies flew the flag for gay rights at the San Francisco Pride Festival on Sunday as they sought to boost morale among employees and reflect a corporate culture of diversity.
New technology, such as Google Inc's Google Glass, a tiny computer mounted on eyeglasses, could create new challenges for safekeeping client data, brokerage executives and regulators say. The worries are surfacing as Google is rolling out new frames by designer Diane von Furstenberg this week.
June 26- Benet Wilson is one of the 2.5 million Americans who have paid a yearly fee to skip security lines at airports and thinks it's worth every penny she paid for a five-year membership in the Global Entry program offered by the U.S. Customs and Border Protection department. The value of spending $100 for Global Entry comes down to how often you fly.
Expanding Medicaid eligibility will significantly affect uninsured rates in seven major cities, and bring them billions in federal money, according to a study.
SINGAPORE, June 19- Nobo Okada wants to save the planet from orbiting junk, which he says is in danger of cutting us off from the satellites we depend on and the outer space beyond.
WASHINGTON, June 16- The U.S. Supreme Court on Monday threw out an appeals court ruling that had allowed a lawsuit by a federal regulatory agency to go forward against several banks over their role in selling mortgage-backed securities to now-failed credit unions.
Voters in Colorado and Washington state passed ballot measures in 2012 legalizing recreational marijuana use by adults. The first recreational pot stores opened in Colorado in January, and Washington is set to follow suit this year.
VANCOUVER, June 6- A funding technique mostly used to help companies build new mines is moving into the mainstream as a way to pay for acquisitions and could help boost industry deal volumes that have fallen for the past three years.