Thousands More Stores Are Now On The 2018 Retail Apocalypse Death List

"...add to rising retail unemployment the move to more self-checkout, more AI, and more computerized systems instead of human staff. It’s not too hard to understand why people could soon be dependent on a Universal Basic Income and a return to an almost feudal society..."

  • Mar 4, 2018 1:33 PM

13-F Summary: Who Bought And Sold What In The Fourth Quarter

Today's barrage of 13F releases showed that in the last quarter of 2017, many funds turned their back on some of the FAANG stocks, as managers like Duquesne, Coatue, Maverick and PointState trimmed their Facebook stakes while Point72 and Maverick Capital reduced their Google exposure.

  • Feb 14, 2018 9:25 PM

Pot Industry Revitalizes Entire Canadian Town's Economy

The marijuana industry is coming to the rescue of Smith Falls, Ontario, an old factory town that is experiencing an unlikely renaissance now that Canopy Growth Corp., Canada’s largest publicly-traded cannabis producer, has become the town’s largest private-sector employer.

  • Dec 30, 2017 3:30 PM