The California City That's Making It Cheaper To Buy Marijuana
Just six weeks after legalizing recreational marijuana, one California city is slashing its cannabis tax rate. The city of Berkeley is cutting its pot tax from 10% to 5% in an effort to attract and retain businesses in the area.
Greg Zeman, Associate Editor at Cannabis Now, explains the significance of Berkeley's decision. The tax cut could push other pot-friendly cities in the area to cut marijuana tax rates as well.
In Canada, the timeline for legalizing recreational marijuana is being bumped back by at least a month. The news caused Canadian marijuana stocks to drop.
Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world.
Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.
