A lot can change in 16 years.In 2009, a drug conviction landed Coss Marte a seven-year prison sentence. This year, Marte expects to bring in as much as $12 million selling cannabis legally.Marte, 39, is the founder and CEO of Conbud, one of the first businesses fully-licensed to sell recreational cannabis in Manhattan, and the first in the city’s Lower East Side. After first opening its doors in October 2023, Conbud added a second location in the Bronx last April.Marte’s business currently brings in roughly $800,000 in sales per month, including nearly $100,000 in profit, according to documents reviewed by…
Author: usaeverydaylife
When mysterious drones began appearing over oil rigs and wind farms off Norway’s coast about three years ago, officials were not certain where they came from.But “we knew what they were doing,” Stale Ulriksen, a researcher at the Royal Norwegian Naval Academy, said in a recent interview. “Some of it was espionage, where they are charting a lot of things. Some of it, I think, was positioning in case of a war or a deep crisis.”The drones were suspected of being launched from Russian-controlled ships in the North Sea, Mr. Ulriksen said, including some ships that were near underwater energy…
Several stocks are primed for a bounce after recent weakness at the turn of the new year. Although the market had a strong run in 2024 that saw the S & P 500 notch its second consecutive annual gain exceeding 20%, the major U.S. indexes closed lower in the final trading days of 2024 and stocks have skipped the so-called Santa Claus rally. The broad-based index snapped a five-day losing streak on Friday, but it was still lower on the week, marking its third negative week over the past four. Using the CNBC Pro stock screener tool, we found the…
BTIG has some plays for investors as 2025 kicks into high gear. Coming off an unusually strong two-year run for stocks, investors are wondering what areas of the market can drive further upside. The financial services firm’s research team dropped its top picks list for the first half of 2025 this week, which represents its highest-conviction ideas for the next 12 months. Here’s 10 stocks that made the list: Howmet Aerospace is one pick that comes after a banner year for the stock, with its share price more than doubling in 2024. That marked its sixth straight winning year. “The…
Inflation has steadily cooled over the past two years, despite seeing a slight stall in October and November. Prices for items such as gasoline, used cars and energy have all declined accordingly. However, food prices continue to outpace inflation, increasing by 28% since 2019.More than 85% of consumers report feeling frustrated with rising grocery prices, and over a third say they have resorted to buying fewer items to save money, according to a 2024 survey by RR Donnelley.However, experts say high food prices are here to stay.”Once food price goes up, it tends to stay up,” said Claudia Sahm, a…
US President Joe Biden and former secretary of state Hillary Clinton look on as former president Bill Clinton (not pictured) speaks during the Clinton Global Initiative annual meeting in New York on September 23, 2024. Andrew Caballero-Reynolds | AFP | Getty ImagesFormer Secretary of State Hillary Clinton, Democratic philanthropist George Soros and actor-director Denzel Washington will be awarded the nation’s highest civilian honor on Saturday in a White House ceremony.President Joe Biden will bestow the Presidential Medal of Freedom to 19 of the most famous names in politics, sports, entertainment, civil rights, LGBTQ+ advocacy and science.The White House said the recipients…
Syria’s main international airport in Damascus will reopen next week, the new government said on Saturday, as it tries to re-establish a sense of normalcy after the uprising that toppled President Bashar al-Assad.The announcement came amid tensions along the border between Syria and Lebanon, where four Lebanese solders were wounded in clashes on Friday night. The Lebanese military said that Syrian militants had fired at Lebanese soldiers along the border.Ahmad al-Shara, Syria’s new de facto leader, faces the challenge of imposing order on a country that has been devastated by 14 years of civil war that split it into multiple…
Four days into the year and it’s all possibility right now. You have an idea of how things will go — what you’re looking forward to, what’s going to be challenging — but you’re working off archival material. Memory and experience, educated guesses. “2025 is going to be very difficult for me,” a friend said matter-of-factly the other night, before ticking off all the things she had to do this year: taking her business to a new stage, considering a move. To me, these things sounded exciting, interesting — the fascinating content of someone else’s life.We’re all sitting here with…
At the end of a tenure marked by war and division, the outgoing secretary of state defends his legacy on Gaza and Ukraine and says he’s made America stronger. Source link
The Biden administration on Friday made final its long-awaited plan to offer billions of dollars in tax credits to companies that make hydrogen, in the hopes of building up a new industry that might help fight climate change.When burned, hydrogen mainly emits water vapor, and it could be used instead of fossil fuels to make steel or fertilizer or to power large trucks or ships.But whether or not hydrogen is good for the climate depends on how it is made. Today, most hydrogen is produced from natural gas in a process that emits a lot of planet-warming carbon dioxide. The…
