Luckin Coffee surges in Wall Street debut

Luckin Coffee surges in Wall Street debut

New York (CNN Business) China’s Starbucks has arrived on Wall Street. Luckin Coffee begin trading on Friday and provided an immediate caffeine jolt to the market. The stock surged nearly 50% to $25 a share before pulling back. Shares closed up about …
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Retailers have high hopes for CBD sales in oils, creams and gummies

The market for gummy bears, creams, oils and drinks made with cannabis has exploded since December, when the 2018 Farm Bill freed hemp-based products from regulation as controlled substances. CBD, shorthand for cannabidiol, is the active ingredient …
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Mnuchin rejects House subpoena for Trump's tax records

Treasury Secretary Steven Mnuchin rejected House Ways and Means Chairman Richard Neal's subpoena for six years of President Donald Trump's
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Philadelphia jury orders J&J to pay $80 million to Media woman injured by vaginal mesh

A subsidiary of pharmaceutical giant Johnson & Johnson must pay $80 million to a suburban Philadelphia woman who was injured by vaginal mesh implant to treat pelvic organ prolapse. The verdict included $50 million in punitive damages. Patricia Mesigian …
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New TWA Hotel at JFK Airport soars as a gleaming salute to glamour

Romantic, matching masterpieces of mid-20th century air travel touched down this week in John F. Kennedy Airport’s otherwise charmless heart. One has wings, the other merely seems eager to fly. Both are tickets back in time to the golden age of slow-paced …
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