News

Oct 19
DOJ prosecutors say there’s sufficient evidence to charge Trump with obstruction of justice: report

A group of Justice Department prosecutors believes there is sufficient evidence to charge former President Donald Trump with obstruction of justice, but the team that’s part of the classified records probe has not yet made a formal recommendation to Attorney General Merrick Garland, according to a Bloomberg report citing unnamed sources. There are several other investigations […]

Oct 19
Oklahoma to vote on adult use cannabis in March

Oklahoma Governor Kevin Stitt said Tuesday that State Question 820 to legalize adult-use cannabis will go before voters in a special election on on March 7. The referendum includes the introduction of a 15% excise tax on recreational use sales, above applicable sales taxes, to fund implementation of the law. Any surplus revenue will go […]

Oct 19
Israel kicks off live tests for its tokenized digital bonds

Israel’s Ministry of Finance and the Tel Aviv Stock Exchange expect to finish the pilot project by Q1 2023. 951 Total views 35 Total shares The Israeli Ministry of Finance, together with the Tel Aviv Stock Exchange (TASE), digital assets custody provider Fireblock and the United States software solutions developer VMware, will conduct the testing […]

Oct 19
Plug Power, Olin JV to build 15 ton-per-day hydrogen plant in Louisiana

Hydrogen and fuel cell systems company Plug Power Inc. PLUG, -4.34% and chlor alkali producer Olin Corp. OLN, -1.27% announced Wednesday a joint venture, Hidrogenii, that will kick off with the building of a 15 ton-per-day hydrogen plant in St. Gabriel, Louisiana. The company’s said construction will create 160 jobs in 2022 and 215 jobs […]

Oct 19
Disney stock jumps to lead the Dow’s gainers in wake of Netflix rally

Shares of Walt Disney Co. DIS, +2.21% rallied 2.2% early Wednesday, enough to pace the Dow Jones Industrial Average’s DJIA, +0.02% premarket gainers and to buck the broader market selloff, as a strong earnings report from fellow streaming video provider Netflix Inc. NFLX, +11.97% likely provided a boost. Among other streaming video companies, shares of […]

Oct 19
Abbott attributes Q3 sales decline to baby formula shortage, less COVID-19 testing

Abbott Laboratories ABT, -5.91% said Wednesday that it had earnings of $1.4 billion, or $1.15 per share, in the third quarter of 2022, compared with $2.1 billion, or $1.40, in the same quarter a year ago. Adjusted earnings per share were $1.15, against a FactSet consensus of 94 cents. The company reported that sales fell […]