Newsom wants to ban intoxicating hemp products. Industry — and some health experts — say he's going too far
California is seeking to crack down on marijuana products that contain THC and can be toxic, drawing anger from an industry that has long operated with little oversight. Last week, Gov. Gavin Newsom (D) proposed emergency regulations that would require all such consumer products to be free of detectable THC in order to protect children […]
Internet Giant Changed Ad Tools to Favor Itself Knowing Industry Was at Its Mercy
Google knew publishers would be unhappy when it implemented measures in 2019 to prevent them from diverting ad sales to rivals but recognized its control over the digital ad market could stop publishers from fleeing the internet giant's ad market, according to internal documents filed in the company's antitrust trial on Thursday. Royers Reports In […]
UK government to buy electricity system operator from National Grid for £630m | Energy industry
The British government has agreed to take control of the National Grid division, responsible for keeping electricity supplied, in a £630 million deal that takes effect next month. The Electricity System Operator (ESO) will be brought under public control and a new National Energy System Operator (NESO) will be established, which will also oversee the […]
Don’t let the reeling abortion industry off the hook
The world waited eagerly for the Supreme Court to overturn the ruling in June 2022. Roe v. WadeBut you wouldn't know it if you followed Planned Parenthood's social media. It's not like the abortion giant had no time to prepare. The nation's highest court has Dobbs v. Jackson Women's Health Organization The case occurred over […]
Body Shop’s remaining UK stores saved after rescue deal agreed | Retail industry
The Body Shop has been rescued from bankruptcy by a consortium led by British cosmetics tycoon Mike Jatania, with the ethical beauty brand's remaining 113 UK stores set to remain open. Aurea, a growth capital firm founded by Jatania and Paul Raphael, a former executive at UBS, Credit Suisse and Merrill Lynch, said it had […]
Volvo kills plans for all-electric lineup by 2030 amid industry shift
Volvo has announced that it has abandoned plans to sell only electric cars by the end of the decade, making the Swedish carmaker the latest automaker to backtrack on ambitious electric vehicle plans. Volvo was one of the first automakers to commit to an all-electric lineup, but the company backed away from its plans to […]
George Clooney denies report claiming he and Brad Pitt earned $35 million for new film: ‘Bad for our industry’
George Clooney has disputed reports about his pay for his upcoming film with longtime friend Brad Pitt. The New York Times Last week it was reported that the stars of “Ocean's Eleven” received more than $35 million each for their roles in the film. At the film's press conference at the Venice Film Festival on […]
Custodia Bank laying off employees as Biden admin’s crypto crackdown weighs on digital asset industry
The hosts of the CoinStories podcast discuss the state of cryptocurrencies following the global market sell-off. The Biden administration's tightening of regulations on cryptocurrencies has led to major restructuring at some of the smaller but better-known crypto banks. Custody Bank, a Wyoming-based financial institution that provides banking services to cryptocurrency companies, notified employees on Thursday […]
Lego bucks toy industry woes, turning in 13% sales increase
While the rest of the toy industry struggles to break even, Lego continues to break sales records. The Danish toy block maker, which has a passionate following among adults and children, said on Wednesday that sales and operating profit for the first half of 2024 had reached record highs. Revenue rose 13% to $4.6 billion […]
Joel Kim Booster’s ‘Industry’ Nude Scene is “Pivotal” for Robert: “Getting His Mojo Back”
industry Season 3 Episode 3, “IT,” finds our protagonists on a quick excursion to Switzerland. HBO’s latest episode opens with the COP climate conference marking a pivotal moment for the future of Lumi and Pierpoint. Lumi CEO Henry Mak (Kit Harington) and Pierpoint’s boss Eric Tao (Ken Leung) are set to attend a panel on […]