Tag: Consumer Goods

Apple Can Restart Apple Watch Sales as U.S. Court Pauses Ban
World

Apple Can Restart Apple Watch Sales as U.S. Court Pauses Ban

Updated Dec. 27, 2023 5:50 pm ETApple won approval Wednesday to restart most sales in its $18 billion smartwatch business after a U.S. appeals court paused a federal agency’s import ban on some models of the device.The Apple Watch Series 9 and Ultra 2 models, for which sales were halted in the past week, were once again available in stores on Wednesday and will return online Thursday, according to the company. They will continue to be sold in the coming weeks while the court weighs Apple’s request to stay the ban while its appeal is considered.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple Can Restart Apple Watch Sales as U.S. Court Pauses Ban
World

Apple Can Restart Apple Watch Sales as U.S. Court Pauses Ban

Updated Dec. 27, 2023 5:50 pm ETApple won approval Wednesday to restart most sales in its $18 billion smartwatch business after a U.S. appeals court paused a federal agency’s import ban on some models of the device.The Apple Watch Series 9 and Ultra 2 models, for which sales were halted in the past week, were once again available in stores on Wednesday and will return online Thursday, according to the company. They will continue to be sold in the coming weeks while the court weighs Apple’s request to stay the ban while its appeal is considered.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Verano Executive Bullish on the Future of the U.S. Cannabis Industry
World

Verano Executive Bullish on the Future of the U.S. Cannabis Industry

The past year was pivotal for the legal cannabis industry’s acceptance as a mainstream business in the U.S. The Department of Health and Human Services in August recommended to the Drug Enforcement Administration that marijuana be reclassified to a less restrictive Schedule III substance from a Schedule I substance. The Senate Banking Committee, meanwhile, in September approved the Secure and Fair Enforcement Regulation Banking Act, which would give cannabis businesses greater access to banking services, and it now awaits a vote on the Senate floor. And in November, Ohio became the latest state to legalize adult recreational marijuana use, bringing the total number of U.S. states that permit recreational cannabis use to 24. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved...
Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet
World

Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet

Billionaire investor Nelson Peltz resigned from his position at the Simon Wiesenthal Center after the Jewish organization urged people not to buy Ben & Jerry’s ice cream.Peltz, who is a board member at Unilever, Ben & Jerry’s parent company, stepped down from the center on Dec. 12, according to people familiar with the matter. His firm, Trian Fund Management, is a Unilever shareholder.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet
World

Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet

Billionaire investor Nelson Peltz resigned from his position at the Simon Wiesenthal Center after the Jewish organization urged people not to buy Ben & Jerry’s ice cream.Peltz, who is a board member at Unilever, Ben & Jerry’s parent company, stepped down from the center on Dec. 12, according to people familiar with the matter. His firm, Trian Fund Management, is a Unilever shareholder.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
S&P 500 Notches Longest Run of Weekly Gains Since 2017
World

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
S&P 500 Notches Longest Run of Weekly Gains Since 2017
Money

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
S&P 500 Notches Longest Run of Weekly Gains Since 2017
World

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Activision and California Agency File Settlement of Gender Discrimination Claims
Technology

Activision and California Agency File Settlement of Gender Discrimination Claims

Activision Blizzard and a California regulator filed a legal settlement in which the videogame company agreed to pay to resolve gender discrimination charges while the state withdrew sexual-harassment claims.The settlement between Activision and the California Civil Rights Department, if approved by a judge, would end a legal battle that helped lead to the videogame company’s sale to Microsoft. Settlement documents that both sides said were filed in California Superior Court confirm an agreement from last week.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8