Fri. Feb 3rd, 2023

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MMJ Merchants Should Consider a “Back-up Plan” amid Visa’s Intentions to Shutdown Non-compliant Cashless ATMs 1 min read

MMJ Merchants Should Consider a “Back-up Plan” amid Visa’s Intentions to Shutdown Non-compliant Cashless ATMs

[email protected]_84 1 year ago
What If Car Insurance Were More Like Health Insurance? 1 min read

What If Car Insurance Were More Like Health Insurance?

[email protected]_84 2 years ago
The Rise in Face Mask Producing Companies 1 min read

The Rise in Face Mask Producing Companies

[email protected]_84 2 years ago
Balboa Park observation wheel idea wins preliminary approval 1 min read

Balboa Park observation wheel idea wins preliminary approval

[email protected]_84 2 years ago
Metuchen Moves Online, To Conduct All Official Business Virtually 1 min read

Metuchen Moves Online, To Conduct All Official Business Virtually

[email protected]_84 2 years ago

METUCHEN, NJ – Owing to the growing number of coronavirus cases in the state and town, Metuchen recently announced it was moving all official business online.

“For the first time since mid-June, the Borough is moving back to a virtual operations schedule,” town officials said in statement.

The change though is temporary. Beginning this week, all in-person Borough meetings are suspended. Council members will now meet virtually.

Here’s what will change for all borough residents:

  • Municipal offices: No in-office visits are permitted for the duration without a scheduled appointment. All offices are open and Staff will be available from 8 a.m. to 4 p.m. to answer questions and concerns from the public via telephone and email.
  • Health Department: Health inspections will continue by appointment only by calling 732-632-8504 or emailing at [email protected] Emergency and critical inspections will also continue.
  • Metuchen Municipal Court: The Metuchen Municipal Court sessions will continue to
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Mpls. unveils $5M in private spending to transform public safety 1 min read

Mpls. unveils $5M in private spending to transform public safety

[email protected]_84 2 years ago



a group of people standing in a room: Minneapolis Mayor Jacob Frey and local business organizations announced plans Thursday to create a private fund with at least $5 million for new programs aimed at transforming public safety.

© Star Tribune/Star Tribune/Star Tribune/Star Tribune/TNS
Minneapolis Mayor Jacob Frey and local business organizations announced plans Thursday to create a private fund with at least $5 million for new programs aimed at transforming public safety.

Minneapolis Mayor Jacob Frey and local business organizations announced plans Thursday to create a private fund with at least $5 million for new programs aimed at transforming public safety.

In a news conference hours before City Council members are set to push through their own budget amendments, Frey described the fund as an effort to find a pathway for advancing some of their ideas “without cutting police.”

The Minneapolis Community Safety Innovation Fund will collect donations from private organizations that could be used to help city leaders fulfill their promise of transforming public safety after George Floyd’s death.

Jonathan Weinhagen, president and CEO of the Minneapolis Regional Chamber of Commerce, said organizations had committed

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Adding Tesla To The S&P 500 Was A Bad Idea In September, Even Worse Now (NASDAQ:TSLA) 1 min read

Adding Tesla To The S&P 500 Was A Bad Idea In September, Even Worse Now (NASDAQ:TSLA)

[email protected]_84 2 years ago

We think adding Tesla (TSLA) to the S&P 500 symbolizes the reckless investment environment of our day and brings huge downside risk to the index.

As detailed in Most Dangerous Stock of 2020, adding Tesla to the S&P 500 was a bad idea when the S&P decided against it in September, and it’s even worse now based on:

  • Steeply declining electric vehicle market share in Europe
  • Steeper competition in the U.S. and China
  • Continued inability to match incumbents’ scale and quality
  • Fading edge in battery technology and manufacturing
  • Valuation implies it will produce over 100% of all EVs by 2030

S&P 500 Got It Right the First Time

By leaving Tesla out of the S&P 500 in September, the committee seemed to indicate that the quality of a firm’s earnings was an important factor to consider. The committee appears to have softened its stance on this front.

As most investors

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ESG Industry Report Card Published On Financial Market Infrastructure Companies 1 min read

ESG Industry Report Card Published On Financial Market Infrastructure Companies

[email protected]_84 2 years ago

LONDON, Dec. 3, 2020 /PRNewswire/ — The world’s financial market infrastructure companies face risks but also opportunities to credit quality from the increasing focus of stakeholders on environmental, social, and governance factors, S&P Global Ratings said today.

“We expect social and environmental risks and opportunities will most likely emerge in the medium to long term, if at all, though what each company does in the next few years will shape them,” said S&P Global Ratings credit analyst William Edwards in the report published today, “ESG Industry Report Card: Financial Market Infrastructure Companies.”

The report also comments on the ESG risks and opportunities for all rated FMIs, from Asigna Compensacion y Liquidacion of Mexico to Visa Inc.

FMIs have a unique opportunity to use their product expertise, large pools of liquidity, and their role as standard-setters to help issuers, markets, and economies adapt to the carbon transition and climate change. 

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Small businesses see a small uptick with holiday sales 1 min read

Small businesses see a small uptick with holiday sales

[email protected]_84 2 years ago

At least 100,000 small businesses have had to close permanently in the last nine months, according to data gathered by Yelp. Millions more have dealt with temporary closures and major losses in revenue.

Now, many remaining small businesses are reliant on a strong holiday shopping season, and there’s finally some good news for these business owners and their employees.

For example, at the Boston area small business called Boing Toy Shop, owner Kim Mitchell has been working overtime for the pasting nine months. She has had drastically change her business model.

“In certain ways, I feel like although I am in the same physical footprint, I am almost running a completely different business,” said Mitchell.

Since the start of the pandemic, Mitchell has had to shift more than half of her business online and added curbside pickup to keep her toy shop out of the red.

“In certain ways, I

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Bridgetown Holdings Limited Announces the Separate Trading of its Class A Ordinary Shares and … 1 min read

Bridgetown Holdings Limited Announces the Separate Trading of its Class A Ordinary Shares and …

[email protected]_84 2 years ago

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

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Hong Kong, Dec. 03, 2020 (GLOBE NEWSWIRE) — Bridgetown Holdings Limited (the “Company”) announced today that, commencing December 7, 2020, holders of the 59,499,351 units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on the Nasdaq Stock Market LLC under the symbols “BTWN” and “BTWNW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on the Nasdaq Stock Market LLC under the symbol “BTWNU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order

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Mitch McConnell urges quick action on targeted COVID-19 relief proposal 1 min read

Mitch McConnell urges quick action on targeted COVID-19 relief proposal

[email protected]_84 2 years ago

Senate Majority Leader Mitch McConnell doubled down on his targeted approach to COVID-19 relief Thursday, but remained optimistic about a coronavirus deal.

Mr. McConnell, Kentucky Republican, said it was “heartening” to see Democrats endorse a compromise proposal this week, but there are still too many outstanding issues to be negotiated.

“There are many important policies that have strong bipartisan support. There are many others that do not. And the way to help the country is to finally let the former group be signed into law while we keep arguing about the rest,” he said. “Here in the Senate, I put forward a serious and highly targeted relief proposal including the elements which we know the President is ready and willing to sign into law.”

“Compromise is within reach. We know where we agree. We can do this…let’s be about actually making law,” he said.

The latest proposal from Mr. McConnell,

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City Discussing Ideas To Keep Businesses Alive 1 min read

City Discussing Ideas To Keep Businesses Alive

[email protected]_84 2 years ago

A coalition of more than 55 San Jose businesses is pushing local and state policy recommendations to help the once-thriving downtown core survive the pandemic.

Lawmakers at the city’s Rules and Open Government Committee voted unanimously Wednesday to bring 15 new policy recommendations to the San Jose City Council for discussion and approval.

“As we consider solutions for economic recovery, it is vital that we leverage the expertise of our local business community and elevate their voices — these recommendations do exactly that,” said Councilmember Raul Peralez, who spearheaded the group known as the Greater Downtown San Jose Economic Recovery Task Force.

Businesses ranging from small restaurants to art organizations and tech giants such as Adobe, called for city-backed grants and tax relief programs for businesses that were forced to spend extra on safety and outdoor equipment due to COVID-19. They are also championing an ordinance at the city level

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Justice Department accuses Facebook of favoring visa workers for some positions 1 min read

Justice Department accuses Facebook of favoring visa workers for some positions

[email protected]_84 2 years ago

Dec. 3 (UPI) — The Justice Department on Thursday filed a lawsuit against Facebook, alleging the company discriminated against U.S. workers by creating a separate recruiting process favoring temporary visa holders.

In a statement, the Department of Justice accuses Facebook of refusing to recruit, consider or hire U.S. workers for more than 2,600 positions with an average salary of about $156,000. The suit said the company instead reserved the jobs for temporary visa holders, such as those with H-1B visas.

“The Department of Justice’s lawsuit alleges that Facebook engaged in intentional and widespread violations of the law, by setting aside positions for temporary visa holders instead of considering interested and qualified U.S. workers,” said Assistant Attorney General Eric S. Dreiband of the Civil Rights Division said.

The suit is based on an investigation spanning from Jan. 1, 2018 to Sept. 18, 2019.

During this time, the Justice Department said Facebook

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The Court of Master Sommeliers, Americas Has Elected a New Board of Directors 1 min read

The Court of Master Sommeliers, Americas Has Elected a New Board of Directors

[email protected]_84 2 years ago

On Wednesday, The Court of Master Sommeliers, Americas (CMS-A) announced its new elected board of directors.

Last month, the outgoing board announced it would resign en masse, following a string of high profile scandals, including accusations of racial discrimination and sexual harassment within the organization.

According to a press release, the CMS-A is looking to add four additional external (non-Master Sommelier) board members, and will also hire a full-time CEO to “contribute new leadership and perspectives to help guide the organization as it begins this next chapter.”

Seven of the 11 elected new board directors are white men, according to The New York Times. Three of the remaining four are women; two identify as gay; and two as Asian-American, The Times reports.

Out of the 159 Master Sommeliers eligible to vote for the new board of directors, 137 did so. Eleven suspended members of the CMS-A, who are currently subject

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MMJ Merchants Should Consider a “Back-up Plan” amid Visa’s Intentions to Shutdown Non-compliant Cashless ATMs 1 min read

MMJ Merchants Should Consider a “Back-up Plan” amid Visa’s Intentions to Shutdown Non-compliant Cashless ATMs

[email protected]_84 1 year ago
What If Car Insurance Were More Like Health Insurance? 1 min read

What If Car Insurance Were More Like Health Insurance?

[email protected]_84 2 years ago
The Rise in Face Mask Producing Companies 1 min read

The Rise in Face Mask Producing Companies

[email protected]_84 2 years ago
Balboa Park observation wheel idea wins preliminary approval 1 min read

Balboa Park observation wheel idea wins preliminary approval

[email protected]_84 2 years ago