Cannabis Stocks Plunge

Florida Rejects Recreational Marijuana as Cannabis Stocks Plunge

A ballot measure to legalize recreational pot failed to reach the required 60 percent threshold for passage, and publicly listed companies’ shares dropped after a major market was closed to them.

Business - Inc. - 6 hours ago

Cannabis stocks crater as Florida fails to garner needed votes for adult use

North Dakota and South Dakota also failed in their efforts to legalize cannabis for recreational use, while a medical measure passed in Nebraska.

Business - MarketWatch - 5 hours ago

Trump Media shares fall nearly 10% after DJT plunge triggers trading halt

Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.

Business - CNBC - October 15

Trump Media's stock is halted after sudden plunge in DJT shares

Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.

Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?

Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.

Business - MarketWatch - October 30

Trump's wealth slumps by $1.9 billion amid DJT stock plunge

Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.

Super Micro's 45% plunge this week wipes out stock's gains for the year

Super Micro investors have been fleeing for the exits this week after the company lost its second auditor in less than two years.

Business - CNBC - 5 days ago

CVS Health CEO Karen Lynch steps down after 19% stock plunge

CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.

McDonald’s stock drops as Quarter Pounders linked to E. coli outbreak, CDC says

An outbreak of E. coli linked to McDonald’s Corp. Quarter Pounder burgers has killed one person and hospitalized 10 people in 10 states.

Business - MarketWatch - October 23

Footballer denies plot to smuggle £600k cannabis

Jay Emmanuel-Thomas and two women are told they will stand trial in May during a court hearing.

List: Which states have cannabis on the ballot in November?

Nearly half the country has already legalized medical cannabis, recreational marijuana, or both as of 2024.

Politics - The Hill - October 28

The cannabis industry is awaiting a legal green light, but can businesses survive?

Legal gray area surrounding the drug makes it difficult to prepare next steps, with rescheduling a perpetual threat. The Benzinga Cannabis Capital Conference, which took place in downtown Chicago ...

World - The Guardian - October 16

The real cannabis policy power lies beyond the Oval Office

Only Congress has the authority to fundamentally change cannabis laws.

Politics - The Hill - 5 days ago

4 states had cannabis on the ballot Tuesday: Here's what happened

Voters in four states faced questions regarding marijuana legalization on Monday.

Politics - The Hill - 6 hours ago

FirstFT: Japan plunges into political chaos

Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflows

World - Financial Times - October 28

Willie Nelson on his new album, cannabis cookbook, Kris Kristofferson and what makes a good song

Willie Nelson, who is 91, will release “Last Leaf on the Tree" on Friday, his second studio album this year

Entertainment - ABC News - 5 days ago

Willie Nelson Shares New Album, Cannabis Cookbook, and What Makes a Song a Hit

Legendary musician Willie Nelson released his 153rd album and has no plan to slow down.

Business - Inc. - 4 days ago

Mortgage rates surge, putting a damper on home buying and refinancing

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - October 16

Cuba plunged into crisis by prolonged power blackouts

President warns against ‘vandalism’ after fuel shortages exacerbate economic struggles

Business - Financial Times - October 21

Kering warns on profit as Gucci sales plunge

French luxury group grapples with turnaround at its biggest brand as demand dips in Asia

Business - Financial Times - October 24

China’s industrial profits plunge as economic momentum falters

Steep monthly decline in September comes as policymakers battle to restore confidence

Business - Financial Times - October 27

Japan’s PM vows to stay on after election debacle

Shigeru Ishiba has presided over a result that threatens to plunge country’s politics into paralysis

Business - Financial Times - October 28

Wise chief executive fined £350,000 over ‘tax issues’

UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his job

Business - Financial Times - October 28

From intern to CEO: does it pay to be a company lifer?

Executives who spend their career at one place can boost morale and loyalty but risk stifling innovation

Business - Financial Times - October 28

Volkswagen profit plunges 64% as China sales slide

Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains

Business - Financial Times - October 30

Volkswagen in Drive to Cut Costs as Earnings Plunge

The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.

Business - The Wall Street Journal - October 30

EstéeLauder Shares Plunge 21% After It Slashes Dividend

The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.

Business - The Wall Street Journal - 5 days ago

Gold's price is plunging. Is this the right time to buy in?

Gold's price has dropped to a three-week low, which could present a good opportunity for investors. Here's why.

Eric Adams’s Campaign Donations Plunge After Federal Indictment

Donations to the New York City mayor’s re-election campaign ceased after a five-count federal corruption indictment against him was unsealed last month.

Top stories - The New York Times - October 15

What to know about the electrical grid failure that plunged Cuba into darkness

A few things to know after millions of people in Cuba were left without electricity for two days when the nation's electrical grid collapsed

World - ABC News - October 20

FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak

Also in today’s newsletter, Israel claims Nasrallah’s heir killed and Starbucks scraps financial guidance

World - Financial Times - October 23

Kentucky lawmaker dies weeks after plunging into an empty swimming pool on a mower

Kentucky state Sen. Johnnie Turner has died weeks after being injured when the lawn mower he was riding plunged into an empty swimming pool at his home

Lawmaker dies after plunging into swimming pool on lawn mower

Kentucky state Sen. Johnnie Turner was known for his staunch support for the coal industry and other causes in his Appalachian district.

Kentucky lawmaker dies after lawnmower plunges into swimming pool

Kentucky state Sen. Johnnie Turner (R) died Tuesday from injuries he suffered after being thrown into an empty swimming pool while riding his lawnmower just over a month ago. Turner, 76, formerly ...

Politics - The Hill - October 24

Chapel Down shares plunge after winemaker pulls back on sale plans

England’s largest producer says it will remain independent and also downgrades sales guidance

World - Financial Times - October 25

Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist

The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit ...

Business - The Wall Street Journal - October 25

China's industrial profits plunge at fastest pace since the pandemic

The country's industrial profits declined 27.1% year-on-year in September.

Business - CNBC - October 28

Japan plunged into political turmoil after voters punish ruling LDP

Coalition led by Prime Minister Shigeru Ishiba’s Liberal Democratic party loses parliamentary majority

Business - Financial Times - October 28

Latest in Cannabis Stocks Plunge

Florida Rejects Recreational Marijuana as Cannabis Stocks Plunge

Cannabis stocks crater as Florida fails to garner needed votes for adult use

Trump Media shares fall nearly 10% after DJT plunge triggers trading halt

Trump Media's stock is halted after sudden plunge in DJT shares

Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?

Trump's wealth slumps by $1.9 billion amid DJT stock plunge

Super Micro's 45% plunge this week wipes out stock's gains for the year

CVS Health CEO Karen Lynch steps down after 19% stock plunge

McDonald’s stock drops as Quarter Pounders linked to E. coli outbreak, CDC says

Footballer denies plot to smuggle £600k cannabis

List: Which states have cannabis on the ballot in November?

The cannabis industry is awaiting a legal green light, but can businesses survive?

The real cannabis policy power lies beyond the Oval Office

4 states had cannabis on the ballot Tuesday: Here's what happened

FirstFT: Japan plunges into political chaos

Willie Nelson on his new album, cannabis cookbook, Kris Kristofferson and what makes a good song

Willie Nelson Shares New Album, Cannabis Cookbook, and What Makes a Song a Hit

Mortgage rates surge, putting a damper on home buying and refinancing

Cuba plunged into crisis by prolonged power blackouts

Kering warns on profit as Gucci sales plunge

China’s industrial profits plunge as economic momentum falters

Japan’s PM vows to stay on after election debacle

Wise chief executive fined £350,000 over ‘tax issues’

From intern to CEO: does it pay to be a company lifer?

Volkswagen profit plunges 64% as China sales slide

Volkswagen in Drive to Cut Costs as Earnings Plunge

EstéeLauder Shares Plunge 21% After It Slashes Dividend

Gold's price is plunging. Is this the right time to buy in?

Eric Adams’s Campaign Donations Plunge After Federal Indictment

What to know about the electrical grid failure that plunged Cuba into darkness

FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak

Kentucky lawmaker dies weeks after plunging into an empty swimming pool on a mower

Lawmaker dies after plunging into swimming pool on lawn mower

Kentucky lawmaker dies after lawnmower plunges into swimming pool

Chapel Down shares plunge after winemaker pulls back on sale plans

Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist

China's industrial profits plunge at fastest pace since the pandemic

Japan plunged into political turmoil after voters punish ruling LDP

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