A couple of guys with serious investment banking experience are moving into the marijuana business. They've launched the first multimillion-dollar private equity fund devoted entirely to what they like to call the "cannabis space."
It started when Brendan Kennedy was working at the Silicon Valley Bank and learned of an entrepreneur who wanted to sell software for marijuana dispensaries. The idea piqued Kennedy's interest. A few days later, a radio show about legalizing pot piqued it even more.
Former Goldman Sachs trader Fabrice Tourre was found liable on six of seven counts on Thursday. The Securities and Exchange Commission accused Tourre of misleading investors in a mortgage-linked security.
A new homeless initiative in Hawaii is raising some eyebrows, and the department in charge of implementing it has concerns of its own.
As part of a larger housing bill in July, the state Legislature approved $100,000 per year for a three-year pilot project that would help get some homeless people off the island and back to their families on the mainland. Participants must leave voluntarily.
Originally published on Thu August 1, 2013 11:13 am
To find out if you are compatible with the former Democratic congressman from New York and candidate for mayor of New York City, put down your selfie camera and take this simple quiz. If you can pick Weiner's actual quote from the choices given, you two just might get along.
1. Choose a saying that exemplifies your personality: a. "I never take my shirt off." b. "I have no interest in younger people." c. "Quit isn't the way we roll."
A quick scan of the calendar at the Hebrew Home at Riverdale in Bronx, New York, makes it look like just another nursing home: movie night, trivia, a trip to a Yankees game.
But, as reported in a recent Bloomberg series (article list below), the Hebrew Home is different. The nursing facility actively encourages and supports sex and intimacy among its residents — including those with dementia.
Originally published on Fri August 2, 2013 3:01 pm
When Dippin' Dots emerged in 1987 with the slogan "Ice Cream of the Future," its liquid nitrogen-blasted pellets seemed about as cutting edge as ice cream could get.
But ice cream has come a long way since then. Now, ice cream revolutionaries are updating our notions of ice cream texture and flavor with bioengineering and sheer chutzpah. Welcome to the new future of ice cream.