• Marlboro wants to get into pot business with legal cannabis industry booming

    13 days ago - By RT

    The owner of legendary Marlboro cigarette company, Altria, is reportedly in takeover talks with Canadian cannabis maker Cronos as slowing cigarette sales are pushing the Virginia-based firm to seek new business opportunities.
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  • People aren't paying their credit cards and more accounts are being shutdown, and it could be a sign that 'economic clouds are darkening'

    People aren't paying their credit cards and more accounts are being shutdown, and it could be a sign that 'economic clouds are darkening'

    13 days ago - By Business Insider

    Credit-card delinquencies, application rejections, and involuntary account closures are all on the upswing, according to a report from the Federal Reserve Bank of New York.
    The Fed says these developments are "potentially concerning" given the strength of the economy and comparatively low interest rates.
    The trends likely indicate credit-card companies issued debt too freely in the preceding years.
    But they could also signal that lenders are bracing for an economic downturn and paring back risk accordingly.
    The economy is robust, unemployment is sitting at 3.7% - its lowest mark in nearly...
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  • NYC Strand Bookstore Owner Says Landmark Designation Would Hurt the Business, Report Says

    13 days ago - By Fortune

    Legendary New York City bookstore Strand is being considered for a city landmark designation-an honor the owner of the 91-year-old company said she doesn't want, The New York Times reports.
    The Strand's building is one of seven being considered for the designation by New York City's Landmarks Preservation Commission, pointing to the world-renowned bookstore as “a center of literary life in Lower Manhattan," the paper reports.
    But Nancy Bass Wyden, who owns the bookstore and the building, opposes the idea, arguing that the added regulations will increase the costs for renovation and...
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