2025 could be a year of transformation for the cannabis industry. With the potential rescheduling of cannabis on the horizon, a new era of opportunity awaits. However, the industry faces key challenges that must be addressed to realize this potential fully. Rescheduling and Regulatory Changes A shift in federal drug…
Richard Parsons, who helped Time Warner divorce from AOL after what was considered one of the worst takeovers in history, has died. He was 76. His death was confirmed by Lazard, where he was a longtime board member. Parsons became CEO of AOL Time Warner in 2002, replacing Gerald Levin, who…
The U.S. Treasury Department has delayed the deadline for millions of small businesses to Jan. 13, 2025, to file a new form, known as a Beneficial Ownership Information report. The Treasury had initially required many businesses to file the report to the agency’s Financial Crimes Enforcement Network, known as FinCEN,…
India’s former Prime Minister Manmohan Singh has died at the age of 92, according to statement from the All India Institute of Medical Sciences (AIIMS). The hospital said he lost consciousness at home on Thursday and was brought to the AIIMS in New Delhi. “He was being treated for age-related…
Israeli forces unleashed a series of strikes on the Yemeni capital Sanaa and the western city of Hodeidah on Thursday, according to Houthi-run media, killing at least four people and injuring more than a dozen others. The strike on Sanaa International Airport killed at least three people and injured 16…
Finnish police said on Thursday they are investigating whether a foreign ship was involved in the damage of an undersea power cable connecting Finland and Estonia following a sudden outage on Wednesday. Baltic Sea nations are on high alert for potential acts of sabotage following a string of outages of…
China has launched its first next-generation amphibious assault ship, adding a powerful cutting-edge warship to the country’s fast-expanding navy as it races to rival the military power of the United States. The Type 076 amphibious assault ship entered the water on Friday at a launch ceremony at a shipyard in…
Taiwan’s presidential office held a “tabletop” exercise on Thursday simulating military escalations by China, a first-of-its-kind drill involving government agencies beyond the armed forces that highlights Taipei’s urgency in ensuring preparedness against an increasingly assertive Beijing. The simulation involved central and local government units and civil groups, and was aimed…
South Korea’s parliament voted to impeach prime minister and acting President Han Duck-soo on Friday, less than two weeks after parliament stripped President Yoon Suk Yeol of his powers over his short-lived martial law order that plunged the country into political chaos. The main opposition Democratic party filed the impeachment…
Organizers said Friday that two Sydney to Hobart sailors have died at sea amid wild weather conditions that forced line honors favorite Master Lock Comanche to withdraw among mass retirements. The Cruising Yacht Club of Australia in Sydney, which administers the yacht race, has said that one sailor each on…