Cannabis-focused real estate investment trusts NewLake Capital Partners Inc. and GreenAcreage Real Estate Corp. are merging to create one of the largest players in the burgeoning industry. The new company, to operate under the NewLake name, will have more than $325 million in assets and 24 properties across nine states,
Ambulnz Inc., a provider of mobile medical services and patient transportation, has agreed to go public through a merger with Motion Acquisition Corp. The special purpose acquisition company is raising $125 million in new equity from investors including Light Street Capital and Moore Strategic Ventures to support
Even as the trade war was crimping the flow of goods between the U.S. and China, the Chinese government was opening doors in another arena, inviting in more foreign banks, insurance providers and other financial services companies. China has also been making it easier for foreigners to buy
A simple, daily gesture like charging an iPhone turned into a life-threatening task for Andrea Stroppa, a cybersecurity researcher. The charger that exploded after he borrowed it from a friend, Stroppa discovered, was a counterfeit Apple Inc. product bought through an unofficial channel on Instagram. Stroppa and his colleagues at
Cigarette use in a number of developing countries may fall to zero in the next three decades as smokers quit or switch to alternative products, according to a new report. Smoking will disappear by 2050 from the U.S., parts of Europe, Australia and large chunks of
Financial news is always awash in numbers, but there’s one figure that seems to be getting more attention than anything else: the yield on 10-year U.S. Treasury notes. Not only are investors laser-focused on it, but gyrations in other asset classes have been driven by its movements this
Google’s Nest unit is expanding into health technology with a feature that tracks sleep patterns, offering a potential new revenue stream but also raising privacy concerns. The company unveiled the second-generation model of its Nest Hub smart display in a blog post Tuesday, and this time
Curious about the cryptocurrency’s recent spike in value? Here’s a primer for latecomers just now tuning in. Chances are you’re feeling behind. You probably know that Bitcoin has been surging. You also probably know that it’s a cryptocurrency, that it suddenly becomes everybody’s favorite subject when its value spikes
It’s a question of when, not if, the global economy will shift away from fossil fuels. Researchers are gaming out what that means for international politics. The Rand Corporation’s been designing war games with the Pentagon since the 1950s, modelling such hard-nosed security scenarios as
Those who have graduate and professional credentials are less likely to be in the labor force than ones with a B.A. The more education you have, the more likely you are to have a job. This relationship holds true across the U.S. labor market, with one
