Locus Robotics raises another $40M as retailers increasingly look to automate

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Locus Robotics raises another $40M as retailers increasingly look to automate

The COVID-19 pandemic will have a profound impact on robotics, as more companies look to automation as a way forward. While wide-scale automation had long seemed like an inevitability, the pandemic is set to accelerate the push as corporations look for …
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The Rally in Lululemon Stock Leaves It Priced 'Very Optimistically,' Analyst Says

Lululemon Athletica shares were slipping Tuesday morning, following a downgrade from Wells Fargo, which says the upscale athletic-apparel retailer may be trading too richly. Analyst Ike Boruchow cut his rating on Lululemon stock (ticker: LULU) to Equal …
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Bloomberg Westminster: Will Boris Johnson Hit The Reset Button?

Our senior executive editor David Merritt talks Bloomberg Westminster's Roger Hearing and Sebastian Salek through the options. Plus, the threat of no
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UPDATED: FBN Holdings Plc completes divestment from FBN Insurance

FBN Holdings Plc has announced the completion of its divestment from its former subsidiary — FBN Insurance Ltd. According to a public disclosure that was sent to the Nigerian Stock Exchange, FBN Holdings’ previously-held 65% stake in FBN Insurance was …
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Why CBD Products Could Be Regulated As Dietary Supplements

If you follow this column and keep a close eye on the cannabidiol (CBD) industry, you know that the FDA deems the sale and marketing of CBD-infused dietary supplements unlawful. This rationale stems from an exclusion clause in the definition of “dietary …
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