Denver to issue new cannabis business licenses but not in some neighborhoods – The Denver Post

Denver begins accepting new applications for cannabis business licenses next month — but not for certain neighborhoods. The city’s Department of Excise and Licenses on Friday informed marijuana industry insiders of neighborhoods that the city feels already have an “undue concentration” of marijuana stores and/or cultivation facilities. Applications won’t be accepted for any neighborhoods that […]

The latest news on the Colonial Pipeline shutdown.

By Clifford Krauss With the Colonial Pipeline, a vital fuel pipeline stretching from Texas to New Jersey, shut down after a ransomware attack, airlines, consumers and state leaders are responding as gas prices rise in part of the country. Industry analysts said the impact of the shutdown would remain relatively minor as long as the […]

Inflation anxiety jolts stocks, Asia tumbles to two-month lows

SYDNEY (Reuters) – An extended sell-off drove Asian shares to their lowest in seven weeks on Wednesday as surging commodity prices and growing inflationary pressure in the United States prompted markets to bet on earlier rate hikes and higher bond yields globally.FILE PHOTO: TV camera men wait for the opening of market in front of […]

Strong first quarter for 2degrees, more IPO detail ekes out

2degrees’ owner has confirmed plans to potentially list the Kiwi telco by year’s end, and added the extra detail that it would be a dual ASX/NZX listing. “We have made progress with respect to a potential IPO of our New Zealand business and have begun preparations to list on the New Zealand Stock Exchange and […]

Wall Street closes lower as inflation jitters spark broad sell-off

NEW YORK (Reuters) – U.S. stocks closed lower on Tuesday as rising commodity prices and labor shortages fed fears that despite reassurances from the U.S. Federal Reserve, near-term price spikes could translate into longer-term inflation.FILE PHOTO: People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, U.S., March […]

Wall Street drops on inflation jitters, led by tech stocks

(Reuters) – Wall Street’s main indexes fell on Tuesday, led by tech-related stocks, as investors feared that rising inflation could push the Federal Reserve to tighten monetary policy faster than expected.FILE PHOTO: People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File […]

S&P futures hover at record levels; materials, energy stocks rise

The front facade of the New York Stock Exchange (NYSE) is seen in New York City, U.S., May 4, 2021. REUTERS/Brendan McDermid(Reuters) – The S&P 500 futures hovered near record highs on Monday as investors awaited economic data this week for more clarity on the pace of economic recovery, while higher commodity prices supported shares […]

COVID-19: Greggs sales beat pre-pandemic levels as high street stores reopen

Greggs has bumped up its profit outlook after a “significant pick-up in sales” as non-essential retailers reopened. The bakery chain said the increase partly reflected “pent-up demand for retail which has boosted high street footfall”. Live COVID updates from the UK and around the world Greggs said that like-for-like sales in the period since the […]