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Sunday, February 1, 2026

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Rescheduling marijuana would be a big tax break for legal cannabis businesses – and a quiet form of deregulation

In December 2025, the Trump administration accelerated the process of reclassifying marijuana from Schedule I to Schedule III under the Controlled Substances Act – a shift that would reduce restrictions and penalties associated with the...

America is falling behind in the global EV race – that’s going to cost the US auto industry

At the 2026 Detroit Auto Show, the spotlight quietly shifted. Electric vehicles, once framed as the inevitable future of the industry, were no longer the centerpiece. Instead, automakers emphasized hybrids, updated gasoline models and incremental...

Bonds 101: What investors need to know about the ‘shock absorber of the portfolio’ | Fortune

Many investors regard bonds as the frumpier cousins to stocks. Their prices rarely pop or plummet. They usually deliver a lower return, and—aside from a glamorous cameo in the 1980s thriller Die Hard—they are not part of popular culture...

Tesla reveals $2 billion investment in Elon Musk’s xAI and officially kills the Model S and Model X | Fortune

Tesla CEO Elon Musk kicked off the new year by springing several eye-popping surprises on shareholders, including a $2 billion Tesla investment in one of his own companies (the artificial intelligence firm xAI), and the abrupt elimination of two...

Microsoft demand backlog doubles to $625 billion thanks to OpenAI, but hefty spending and slower revenue growth spook investors | Fortune

It was an earnings report that contained some stunning numbers: Microsoft reported crossing a significant $50 billion quarterly revenue milestone for its cloud business, and said its demand backlog had more than doubled, to $625 billion, with a boost...

JPMorgan, BofA will match the $1,000 ‘Trump Accounts’ for employees’ children. Here’s how to open an account | Fortune

JPMorgan Chase and Bank of America are stepping up to bolster President Donald Trump’s new “Trump Accounts” initiative, announcing plans to match the U.S. government’s $1,000 seed contribution for their U.S. employees’ eligible children. This move underscores growing corporate...

Archer Daniels Midland hit with $40M fine in price-fixing probe, 30 years after fraud scandal | Fortune

In the 1990s, the agricultural giant was implicated in a price-fixing conspiracy that became the basis for the book—and later Matt Damon movie—The Informant!. Now the company’s latest controversy centers around accounting in the company’s nutrition unit.After an investigation...

It’s easy making green: Muppets continue to make a profit 50 years into their run

A variety show that’s still revered for its absurdist, slapstick humor debuted 50 years ago. It starred an irreverent band of characters made of foam and fleece.Long after “The Muppet Show”‘s original 120-episode run...

OpenAI digs in on a fundamental disconnect in new research: AI is ready for primetime, many businesses aren’t | Fortune

Good morning. AI has officially moved into the mainstream. At last week’s World Economic Forum in Davos, OpenAI CFO Sarah Friar noticed a shift: AI is no longer treated as a future experiment or a side conversation. Instead, world leaders...
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Moment bright light trail streaks across New Zealand skyline

The footage was captured by a webcam at the Heretaunga Boating Club in the capital city of Wellington. Source link...
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