By Mrinalika Roy
(Reuters) - The U.S. Justice Department is moving to make marijuana use a less serious federal crime with a proposal to reclassify the drug as on par with Tylenol with codeine, rather than heroin, according to sources.
Here are some ways those changes will affect business.
WHAT DOES RESCHEDULING ENTAIL?
Under the Controlled Substances Act, marijuana is listed as a schedule one substance,... (continue reading...)
(Reuters) - Australian retailer Woolworths on Wednesday said it was selling a 5% stake in Endeavour Group, which operates liquor stores and pubs, generating proceeds of A$468 million ($302.98 million).
The sale will happen via a block trade at a price of A$5.22 per share, Australia's largest supermarket operator said, adding that it would now own about 4.1% of Endeavour, which it spun out as a separate company in 2021.
Woolworths said it... (continue reading...)
(Reuters) - Ukrainian President Volodymyr Zelenskiy's chief of staff thanked a Vatican envoy on Tuesday for his efforts in trying to bring home thousands of children forcibly taken to Russia and asked him for help in returning prisoners of war.
Cardinal Matteo Zuppi has visited both Russia and Ukraine on a mission mandated by Pope Francis to try to help end the war in Ukraine, now more than two years old.
He said after the visits that his... (continue reading...)
By David Randall
NEW YORK (Reuters) - Short-sellers in Trump Media & Technology Group are feeling the heat from the recent rally in the company's stock and the higher cost of borrowing its shares, analytics firm S3 Partners said.
Shares of the company, which operates former President Donald Trump's social media firm Truth Social, jumped nearly 7% on Tuesday. Shares have risen for five straight days, though they are down nearly 30% since... (continue reading...)
By Gloria Dickie and Ruma Paul
(Reuters) - Hena Khan, a grade nine student in Dhaka, has struggled to focus on her studies this week as temperatures surpassed 40 degrees Celsius (104 degrees Fahrenheit) in the capital city.
"There is no real education in schools in this punishing heat," she said. "Teachers can't teach, students can't concentrate. Rather, our lives are at risk."
Khan is one of more than 40 million students... (continue reading...)
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