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Why beverage startup Cann wants to replace your beer with cannabis

Jake Bullock and Luke Anderson only want to get you “a small amount of high.” The two 35-year-olds are co-founders of Cann, a beverage startup with a flagship drink that includes two milligrams of tetrahydrocannabinol, or THC — the main psychoactive ingredient in cannabis. Anderson and Bullock refer to it …

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Fisker shares down Q3 earnings material weakness

Fisker Inc. officially revealed the Fisker Ocean all-electric luxury crossover at CES 2020 in Las Vegas. ­­­Shares of electric-vehicle startup Fisker sank in early trading Tuesday following a disappointing earnings report and a regulatory filing that raised concerns about the company’s previous financial statements. Shares were down more than 13% …

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Speaker Mike Johnson endorses Trump, defends false election claims

House Speaker Mike Johnson on Tuesday endorsed former President Donald Trump for the 2024 Republican presidential nomination for what appeared to be the first time. “I’m all in for President Trump,” Johnson said on CNBC’s “Squawk Box.” “I expect he’ll be our nominee, and we have to make [President Joe] …

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Israel’s pavilion at the Dubai Airshow sits empty amid Gaza war

The Israel Aerospace Industries pavilion stands empty at the Dubai Airshow 2023 at Al Maktoum International Airport, Dubai, United Arab Emirates on November 14, 2023. Natasha Turak | CNBC DUBAI, United Arab Emirates — Amid the bustle and footfall of thousands of visitors and exhibitors at the 2023 Dubai Airshow, …

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Net profit jumps 11%, beats estimates

Hon Hai Group’s headquarters, in Taipei, Taiwan, 15 July 2021. Ceng Shou Yi | Nurphoto | Getty Images Apple iPhone supplier Foxconn, officially known as Hon Hai, on Tuesday reported third-quarter profit rose 11.27% from a year ago, beating analysts’ expectations despite an ongoing consumer electronics slump. Here are Foxconn’s results for …

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Fisker (FSR) earnings report Q3 2023

Fisker began deliveries of its battery-electric Ocean SUV in the second quarter of 2023. Courtesy: Fisker Electric vehicle startup Fisker on Monday reported a third-quarter loss that was wider than Wall Street expected, and said it delivered only about 1,100 Ocean electric SUVs in the third quarter. But, it said, …

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Nvidia unveils H200, its newest high-end chip for training AI models

Jensen Huang, president of Nvidia, holding the Grace hopper superchip CPU used for generative AI at the Supermicro keynote presentation during Computex 2023. Walid Berrazeg | Lightrocket | Getty Images Nvidia on Monday unveiled the H200, a graphics processing unit designed for training and deploying the kinds of artificial intelligence …

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Why self-employed Americans can’t afford to ignore open enrollment

Open enrollment season can be a time of trepidation for the self-employed.  The stakes are especially high because if you need to buy individual or family coverage, the next few weeks could be your only chance for 2024, barring certain exceptions such as moving to a different state, getting married, …

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Moody’s warning on the massive U.S. debt burden has turned into a nonevent

Traders work on the floor of the New York Stock exchange during morning trading on November 10, 2023 in New York City.  Michael M. Santiago | Getty Images There was a time when bad news about U.S. debt would send markets into a tailspin, but not this month. Markets on …

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Spot bitcoin ETF approval is approaching, experts say. What to know

Wael Alreweie | Istock | Getty Images Bitcoin investors are eagerly waiting for regulators to approve the first U.S. spot bitcoin exchange-traded fund, which could be significant for cryptocurrency investors, experts say. Last week, the price of bitcoin notched an 18-month high, climbing to $37,970, after BlackRock took first steps …

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