‘Cannabis in Germany will be a success story’: Europe’s biggest economy moves closer to weed legalization

Germany’s plans to legalize cannabis for adult-use are one of a series of socially progressive policies proposed by Chancellor Olaf Scholz’s “traffic light” coalition government. Picture Alliance | Getty Images BERLIN — Germany could be weeks away from introducing a bill to legalize cannabis under sweeping reforms that would greenlight the consumption and sale of … Read more

Virgin Orbit returning ‘small’ team from unpaid pause on Thursday to prep for next rocket launch

Virgin Orbit flew its modified Boeing 747 airplane “Cosmic Girl” with the company’s LauncherOne rocket under its wing for the first time on November 18, 2018. Virgin Orbit Virgin Orbit is returning a “small” team to work on Thursday, according to a company-wide email obtained by CNBC, as it aims to prepare for its next … Read more

Jim Cramer says investors need to take a ‘longer view’ to survive this volatile market

CNBC’s Jim Cramer on Tuesday said that investors are operating too much out of fear and instead need to take a long-term perspective of the market and “accentuate the positive.” Cramer acknowledged that investors’ worries are not unfounded and that on the surface, this market does look like “the sum of all our fears.” The … Read more

Major registries in the carbon offset market are allowing dubious credits, report says

Paula Swedeen, a forest policy specialist for the Washington Environmental Council, poses for a photo next to a forest land boundary marker adjacent to Mount Rainier National Park on Monday, Nov. 23, 2015, near Ashford, Wash. The land is part of a new project of 520 acres on private timberland that allows the private nonprofit … Read more

Nike stock rises after third quarter beats Wall Street expectations

People wearing protective face masks walk past the closed Nike store on 5th Avenue, during the outbreak of the coronavirus disease (COVID-19), in New York City, May 11, 2020. Mike Segar | Reuters Nike beat Wall Street’s expectations for its fiscal third-quarter earnings and revenue, though its margins have continued to shrink as investors watch … Read more

GameStop stock soars after retailer posts first quarterly profit in two years

A GameStop store operates in a strip mall on March 16, 2023 in Chicago, Illinois. Scott Olson | Getty Images GameStop on Tuesday posted a quarterly profit for the first time in two years, finishing out the year on a high note after grappling with sales declines, inventory woes and cash flow pressure. Shares of … Read more

Bill Gates says OpenAI’s GPT is the most important advance in technology since 1980

Microsoft founder Bill Gates speaks during the Global Fund Seventh Replenishment Conference in New York on September 21, 2022. Mandel Ngan | AFP | Getty Images Microsoft founder Bill Gates says that OpenAI’s GPT AI model is the most revolutionary advance in technology since he first saw a modern graphical desktop environment (GUI) in 1980. … Read more

Satellite maker Terran Orbital sees annual revenue climb near $100 million

Terran Orbital, a specialist in manufacturing small satellites, reported fourth-quarter results on Tuesday, with annual revenue nearing $100 million as it continued to build its order backlog. For the full year of 2022, Terran Orbital brought in $94.2 million in revenue – more than double its 2021 total. The Irvine, California-based company reported that revenue … Read more

A lot of money is on the line for women’s pro soccer in the U.S.

OL Reign forward Sofia Huerta (11) and Portland Thorns FC forward Sophia Smith (9) battle for the ball during a NWSL match between the Portland Thorns and the OL Reign on March 18, 2022 at Lumen Field in Seattle, WA. Jeff Halstead | Icon Sportswire | Getty Images The National Women’s Soccer League’s eleventh season … Read more

Potentially deadly fungus candida auris is spreading at an ‘alarming rate,’ CDC says

A fungus that is often resistant to drugs has spread at an “alarming rate” through health-care facilities in the U.S., according to the Centers for Disease Control and Prevention. Candida auris is an emerging fungus that is serious and potentially fatal for hospitalized patients, particularly those with multiple medical problems. The fungus was first identified … Read more