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STARBUCKS

Starbucks sinks after announcing a weaker-than-expected sales forecast and plans to close over 100 stores next year (SBUX)Starbucks sinks after announcing a weaker-than-expected sales forecast and plans to close over 100 stores next year (SBUX)

Reported by Business Insider
· *Starbucks shares fell in after-hours trading Tuesday after the coffee chain's same-store sales forecast for the third quarter missed forecasts. *
· *Starbucks announced plans to close over 100 underperforming stores in locations where it already has a strong presence. *
· *The.. »more

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FORMER MEXICO PRESIDENT VICENTE FOX JOINS HIGH TIMES BOARD / WORLD CUP

Daily CryptoCann Report: World Cup crypto fans have a new platform; former Mexico President Vicente Fox joins High Times board

The Daily CryptoCann Report is where we take some time to focus on what's going on in the cryptocurrency and cannabis spaces. 
Proactive Investors

 
OFFICE

San Mateo office building fills up with new lease

Apixio Inc., a company specializing in data science solutions for the healthcare industry, is moving to 1850 Gateway in San Mateo. The company leased 21,440 square feet in the 142,900-square-foot building to house its 120 employees with plans to add about 30 more staff. “We are delighted to welcome..
bizjournals

 
DOW JONES / GENERAL ELECTRIC

General Electric, an original member of the Dow Jones industrials, to be removed from index, replaced by Walgreens

NEW YORK (AP) — General Electric, an original member of the Dow Jones industrials, to be removed from index, replaced by Walgreens.
SeattlePI.com

 
ELON MUSK / TESLA EMPLOYEE

Elon Musk accuses Tesla employee of sabotage

In scrambling to increase production of its Model 3 electric car, Tesla has run into trouble with robots and automated machinery, a need for more workers and a shortage of battery packs — all fairly typical issues in starting up an auto plant. Now CEO Elon Musk suspects a more unusual problem may..
SFGate

 
MEXICO
New Mexico oil and gas lease sales net record revenues
The New Mexico State Land Office has collected nearly $5 million from its most recent oil and gas lease sale, continuing a record-setting pace for the 2018 fiscal year
Seattle Times

 
FACEBOOK
Harvester of Facebook Data Wants Tighter Controls Over Privacy
An academic who was central to the misuse of Facebook data sought to turn the tables on internet companies by saying the government should step in to help prevent data-privacy scandals in the future.
Wall Street Journal

 
CANNABIS
Canadian senate votes to legalize recreational cannabis; could be on shelves in 8-12 weeks
Cannabis could be on retail shelves in 8 to 12 weeks in Canada, as the Senate passed its final hurdle Tuesday night with a landmark vote to lift a 95-year-old prohibition on cannabis. After seven months of study and debate, the historic vote saw Senators vote 52-29, with two abstentions, to pass Bill..
Proactive Investors

 
WHITE HOUSE
White House Sees an Edge in Trade Dispute With China
President Donald Trump’s escalation of trade threats against China reflects his belief that Washington increasingly has the upper hand in the dispute, administration officials said, adding he is prepared to withstand pressure from U.S. businesses that might suffer from the conflict.
Wall Street Journal






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