Investors high on Canadian companies in the marijuana industry, Google’s operating system to be featuring in millions of cars, US reduction of refugee admission ceiling, and a billionaire to travel commercially around the moon.

Here are the top newsworthy items from this past week as shared on our Facebook page.

• As Canada prepares to legalize pot next month, investors are pouring billions of dollars into Canadian based companies listed on US exchanges.

From AP

• HBO and Netflix are the big winners at the 70th Primetime Emmy Awards, with each winning 23 awards, demonstrating the changing landscape of television.

From Los Angeles Times

• Google is joining with the Renault-Nissan-Mitsubishi Alliance to use the Android operating system to power media displays that will eventually be sold in millions of cars world-wide. The new system will be introduced in 2021.

From The Wall Street Journal

• Gallup’s most recent gauge of party identity has 28% of Americans considering themselves Republicans, 27% calling themselves Democrats and 43% identifying as independents.

From Axios

• The US will reduce the ceiling for refugee admissions from the current 45,000 to 30,000 in 2019. Secretary of State Pompeo said the ceiling had to be lowered to deal with the “massive backlog” of cases, and added that the cap shouldn’t be taken as the “sole barometer” of refugee assistance.​

From The Wall Street Journal

• The White House publicly acknowledged it had relaxed rules on U.S. use of cyberweapons. National security adviser John Bolton confirmed that the old rules had been replaced by new classified guidance allowing the Defense Department to launch offensive cyber strikes without an elaborate interagency process.

From The Wall Street Journal

• In August, President Trump said that he expected over $4 trillion in corporate repatriations due to his revamped tax laws. The WSJ reviewed securities filings from 108 publicly traded companies to find that, so far, only $143 billion have actually been repatriated (about 3.5% of what Trump promised).

From The Wall Street Journal

• Domino’s Pizza in Russia had to cut short a promotion that gave free pizza for life to those who got tattoos of the company logo, as they underestimated how many Russians would participate.

From The Wall Street Journal

• Yusaku Maezawa, a 42 year old Japanese billionaire, was announced by SpaceX CEO Elon Musk as the first-ever passenger for a commercial rocket trip around the moon scheduled for 2023. Maezawa said he plans to invite six to eight artists, architects, designers and other creative people to join him for the weeklong journey, “to inspire the dreamer in all of us.”

From AP

 

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