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Tesla delays, tax credit concerns spur sales of Chevy Bolts

Some potential buyers of Tesla’s long-delayed Model 3 sedan are concerned that they will miss out on big federal tax breaks and are looking for alternatives, including General Motors Co’s (GM.N) Chevrolet Bolt, according to postings by would-be Tesla buyers on websites and interviews with GM dealers. Last week Tesla told some holders of Model 3 reservations that they would not get their cars until 2019, eliciting howls of complaint on Tesla online fan forums. Tesla declined to comment. GM dealers in California, the top U.S. market for electric vehicles, say brisk demand for Bolts is driven in part by frustrated Tesla buyers who are afraid they will lose a $7,500 electric vehicle tax credit if they wait. The tax credit drops in value and eventually disappears once Tesla sells 200,000 electr...

Amazon Patents Wristband to Precisely Track Its Warehouse Workers

The company wants its workers to pack boxes faster, without having to scan barcodes. Image credit: Emanuele Cremaschi | Getty Images This article originally published Feb. 2, 2018, and was updated Feb. 5, 2018, with a statement from Amazon. Warehouse workers often describe high-pressure environments, where a push for maximum efficiency in fulfilling orders keeps breaks short, shifts long and employees constantly aware of their output. Amazon’s warehouses are no exception. Now, in a move that seems to imply an increased desire by Amazon to keep close tabs on its box packers, the ecommerce giant has been granted two patents for a wristband designed to track not only a wearer’s location within the warehouse, but the wearer’s hand movements as well. The patents (here and here) describe an “inv...

3 Marijuana Stocks That Should Be Profitable in 2018

These pot stocks should have shareholders seeing green this year. In case you haven’t been paying attention, the buzz on Wall Street has been all about marijuana stocks in recent years. According to ArcView, a leading cannabis research firm, the North American legal weed market is on track to grow by 26% annually through 2021. If this estimate proves accurate, the North American legal pot market would be generating almost $22 billion in sales by 2021, which is roughly triple what it generated in 2016. That’s the type of growth that green rush investors simply can’t overlook. Over the trailing year, pot stock investors have been treated to huge gains. Many of the largest marijuana growers, and even cannabinoid-based drug developers, have seen their market caps double or tr...

Jack Box Joins Snoop Dogg to Talk All Things Munchie Meal

On the latest episode of GGN, Snoop sits down with the fast food world’s biggest boss to talk collaborating on snacks and ping pong skills. by MERRY JANE Staff With adult-use cannabis finally legal and accessible in the great state of California, we thought we’d do a little celebrating. And like you, we party with red eyes, late nights, and insatiable appetites. So now, with the rest of the Golden State legally on our level, we’ve teamed up with our friends over at Jack in the Box to bring you the ultimate MERRY Munchie Meal: Halfsies (½ curly fries, ½ onion rings, all parts delicious), two of the brand’s famous Tacos, five Mini Churros, and three Crispy Chicken Strips, plus a drink — all for, yup, you guessed it  — $4.20. Watch here!  To kick off our collaboration, Jack in the Box’s CEO, ...

3 ways social media changed business

Photo Credit: Rawpixel.com) Social media has changed everything about how we live nowadays. I know what you are thinking — well how does this relate to business? In this new era of social media, companies are asked to be increasingly transparent and personal. We are now in the age of open communication, engaged dialogue, and transparency, and business success may now have less to do with the size of ad budgets, but on the quality of interactions with customers. Everything about how we consume content has changed. Instagram has become the new business card, read on to find out why. Personal image Years ago companies paid close attention to what their employees and even had strict rules on how an employee should conduct themselves. This was also true for a lot of entrepreneurs with thriving ...

Shown the Door, Older Workers Find Bias Hard to Prove

ImageCreditLisa Haney for The New York Times For more than four decades, manufacturing was the only work Donetta Raymond knew. Fresh from high school, she followed her father to the factory floor because, she said, “It was the best-paying job around.” Starting as a sheet metal mechanic, Ms. Raymond found plenty of work in her hometown, Wichita, Kan., home to famous names in aviation like Cessna, Beech and Boeing. She applied her skills, eventually becoming a production operation specialist on 737 airplane fuselages at Boeing’s sprawling facilities. Her work was praised consistently, including a good performance review in 2012 from the management of Spirit AeroSystems Holdings. The next year, she underwent a separate company review to gauge whether the company should retain her. Ominously, ...

Why Blockchain Matters to Small Businesses

The technology can be used for much more than cryptocurrency. Image credit: Shutterstock Nikolai Kuznetsov • Guest Writer There are many disadvantages small and medium-sized ventures face in the current business atmosphere. Despite their status as the backbone of any major economy and integral to GDP growth and other national metrics, smaller firms face high barriers to entry and low insulation from conditions that would barely scratch their larger peers. The current regulatory environment is purpose-built for companies that are several magnitudes larger, and makes it hard to find financing, scale operations, process payments and recruit other ancillary services that are both necessary and yet monopolize the time and resources of small businesses. Related: Beyond Cryptocurrency: 5 Do’...

Wearable Tech Blurs Line Between Gadgets and Medical Equipment

The health-monitoring features of smartwatches and wearable devices are creating new opportunities in the world of medicine. Tech experts at this year’s Consumer Electronics Show were bullish about the role wearable gadgets could play as medical devices going forward. (Getty Images) LAS VEGAS – The pursuit of health and wellness, on the surface, seems like a strange feature for the Consumer Electronics Show – an annual Las Vegas expo celebrating the latest and greatest in technology like 4K television screens, virtual reality gaming and nearly every futuristic gadget under the sun. But next-generation health monitoring – and the construction of machines and technology to better diagnose and treat particular maladies – were all the rage at CES 2018. With watches, phones and jewelry no...

Bitcoin Plunges 17% in a Week, While Ethereum Reaches New Record Highs

Will South Korea ban cryptocurrency trading? The thought of it has investors spooked. Bitcoin (BTC-USD) continues to drop on Friday, adding to earlier losses on the news that South Korea could ban bitcoin trading, but remains well above its Thursday lows. In the meantime, Ethereum (ETH-USD) reached a new record high this week and continues to perform well, while Ripple (XRP-USD) is giving back some of Thursday’s gains. And altcoin Stellar (XLM-USD) is soaring higher after retreating from its all-time high earlier this week.With that in mind, here’s a rundown of the latest prices and news in the cryptocurrency world. Today’s cryptocurrency prices Here’s a look at the 10 largest cryptocurrencies by market capitalization and how much each has changed over the past 24 h...

Fiat Chrysler to invest $1 billion in Michigan plant, pay bonus after tax cut

An employee removes side panels from a press at Fiat-Chrysler’s Sterling Stamping Plant in Sterling Heights, Michigan, on Aug. 26, 2016. (Jeff Kowalsky / Bloomberg) Jamie Butters and Ryan BeeneBloomberg Fiat Chrysler Automobiles is investing $1 billion in a Michigan truck factory and paying worker bonuses in the wake of a U.S. tax cut, gestures that could come in handy amid major policy matters being sorted out in Washington. The Italian-American automaker will share the spoils of a lower corporate tax rate by sending $2,000 checks to about 60,000 U.S. workers. Fiat Chrysler also will spend more than $1 billion and add 2,500 jobs at a factory near Detroit to produce heavy-duty Ram pickups that the company has been making in Mexico. The moves may prove useful to Fiat Chrysler’s ...

Diet Coke Gets Biggest Makeover Ever in Bid to Restore Cachet

Source: Coca-Cola Coca-Cola Co., facing an industrywide retreat from artificially sweetened sodas, is hoping its biggest Diet Coke makeover ever can win back consumers. The Atlanta-based beverage giant is relaunching its classic Diet Coke formula — along with four new flavors — in taller, thinner cans. The move comes after years of declines for the brand. Though Diet Coke remains the third-largest carbonated soft drink in the U.S., it saw volume drop 4.3 percent last year, according to industry publication Beverage-Digest. Diet Coke — launched in 1982 — had long capitalized on consumers shifting away from sugary drinks. But now health-conscious shoppers are increasingly ditching artificial sweeteners as well, leaving Coke and rival PepsiCo Inc. in a difficult spot. ...

Department stores had a bad 2017. Expect more closures, smaller stores and reinvention in 2018

Most U.S. department stores fared worse than their retail peers in 2017. Companies including Macy’s, Sears and Kohl’s are still trying to reinvent themselves in a new age of retailing. Some of their latest strategies have included opening smaller-format stores, closing less-profitable larger locations and making enhancements to mobile apps. Among other things, 2018 will bring new management for some department stores and inevitably elevated talk of Amazon’s threat. Lauren Thomas | @laurenthomasx3 Published 7 Hours Ago Updated 2 Hours AgoCNBC.com PLAY VIDEO It should come as no surprise that U.S. department stores fared, for the most part, much worse than their other retail peers in 2017. Faced with the rise of internet shopping hubs such as Amazon, the threat of fewer con...