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Congress Is Shaking It Up On Cannabis Reform, Some Wish They’d Started Sooner But Better Late Than Never

By Maureen Meehan
November 18, 6:08 PM
As the lame-duck Congress scurries to get its ducks in order before they get pushed out of the nest, lawmakers are doing their best for cannabis and psychedelics reform.  Here’s what happened in the past several days.

CURLF

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Trouble Brews For Chinese Chipmakers As US Senators Propose Harsher Measures

By Anusuya Lahiri
November 18, 2:42 PM
U.S. Senate Majority Leader Chuck Schumer and Republican Senator John Cornyn are lobbying hard for a ban on…

AAPL

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From ‘Smoke And Mirrors’ To ‘Greed And Deception’: Senator Elizabeth Warren Doubles Down On Criticism Of FTX, Crypto

By Chris Katje
November 18, 2:26 PM
A U.S. senator is taking aim at the cryptocurrency industry after the exchange platform FTX mishandled billions of dollars worth of customer assets to fund risky trades.

$FTT

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India’s Revised Data Privacy Bill Appears As Relief For Big Techs, But Also Comes With Harsher Penalty

By Anusuya Lahiri
November 18, 1:48 PM
India plans to allow the transfer and storing of personal data in some countries overseas.

AMZN

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Biden The Master Oil Trader? Crude Drops Below $80 And US Government May Earn Windfall On Emergency Reserves, Relieving Pain At The Pump

By Robert Kuczmarski
November 18, 1:16 PM
At a time when commodity prices have been extremely volatile globally, President Joe Biden’s plan to use the strategic petroleum reserves (SPR) as a monetary tool is starting to relieve pain at the pump for the

CVX

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Kroger, Albertsons Ceos Expected To Testify Before Senate Antitrust Subcommittee On Grocery Deal At Hearing Set For Nov 29

By Bill Haddad
November 18, 1:12 PM
https://subscriber.politicopro.com/article/2022/11/kroger-albertsons-ceos-expected-to-testify-in-senate-on-25-billion-deal-00069390

ACI

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Adobe’s Figma Deal Battles Regulatory Headwinds

By Anusuya Lahiri
November 18, 6:55 AM
Adobe Inc (NASDAQ:ADBE) received a second request for information from the U.S. Department of Justice on its proposed $20 billion acquisition.…

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Taiwan Offers Lucrative Tax Breaks To Beef Up Its Cutting Edge Semiconductor Technology Position

By Anusuya Lahiri
November 17, 2:33 PM
Taiwan proposed more significant tax breaks for technology companies’ research and development (R&D), seeking to retain its leading position…

TSM

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Tencent Wins Its First Gaming License Since China Froze Approval

By Anusuya Lahiri
November 17, 2:20 PM
Chinese gaming giant granted publishing licenses to 70 online games, including titles belonging to Tencent Holding Ltd (OTC:TCEHY), NetEase, Inc (NASDAQ:NTES), and…

MPNGF

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Nancy Pelosi To Step Down From Her Congressional Leadership Role

By Vandana Singh
November 17, 2:04 PM
House Speaker Nancy Pelosi will not seek reelection to her congressional leadership role. She said to remain a member of Congress and serve out the term. The move ends a two-decade streak for Pelosi as the top House Democrat.

SPY

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