Photo of cargo ships in Los Angeles

Thanks to Consumers, US Economy Is Rising Steadily if Slowly

WASHINGTON — The U.S. economic landscape would look even bleaker if not for America's consumers. The economy slowed in the spring, and many analysts think the weakness will continue in the months ahead. Yet consumer spending, which drives about 70% of growt...
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Netflix Raising Prices for 58M US Subscribers as Costs Rise

SAN FRANCISCO — Netflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its video streaming service 12 years ago. The extra cash will help to pay for Netflix's huge investment in original shows and fil...
Photo of Steve Fagan, grower and owner of SLOgrown Genetics

Legal Marijuana Industry Toasts Banner Year

PORTLAND, Ore. — The last year was a 12-month champagne toast for the legal marijuana industry as the global market exploded and cannabis pushed its way further into the financial and cultural mainstream. "I...
Photo of a pack of Marlboro cigarettes

Marlboro Maker Places $2.4 Billion Bet on Marijuana

NEW YORK — One of the world's biggest tobacco companies is diving into the cannabis market with a $2.4 billion buy-in. Altria will pay another $1.4 billion for warrants that if exercised, would give Altria a...
Photo of Brendan Kennedy, CEO and founder of British Columbia-based Tilray Inc., a major Canadian marijuana grower, leading cheers as confetti falls to celebrate

It’s High Times for Soaring Marijuana Stocks on Wall Street

NEW YORK — Reefer Madness has gripped Wall Street. Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Some experts are concerned that the ending will...