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    News
    The Canadian Press

    Kentucky governor announces lottery to award initial round of medical cannabis business licenses

    FRANKFORT, Ky. (AP) — Kentucky will use a lottery system to award an initial round of licenses to businesses competing to participate in the state's startup medical cannabis program, Gov. Andy Beshear announced Thursday. The governor called it a fair way to give each applicant that clears the screening process an opportunity to land a license for the program, which launches statewide at the start of 2025. The lottery, set for October, should remove any temptation to lobby in an effort to “get a

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    Business
    The Canadian Press

    Alberta government announces plan to protect consumers from power price swings

    EDMONTON — The Alberta government is proposing measures, to take effect in January, that aim to protect power consumers from wild price swings. Premier Danielle Smith told a Thursday news conference the default power rate — currently called the Regulated Rate Option — is misleadingly named because it can vary monthly according to weather and global events. She said her United Conservative Party government aims to introduce legislation this spring renaming it the Rate of Last Resort so consumers

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    Business
    Bloomberg

    Asian Stocks Set to Drop on Hawkish Fed Comments: Markets Wrap

    (Bloomberg) -- Asian stocks are set to fall in early trading after US shares and Treasuries extended this month’s selloff after solid economic readings and hawkish Fedspeak reinforced speculation that interest rates will remain higher for longer.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Dea

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    Business
    Yahoo Finance

    'We've evolved': Netflix explains decision to stop reporting crucial subscriber data

    Netflix will no longer report membership numbers starting next year.