The pot stock bubble: Inside the rush to profit from medical marijuana + MORE Dec 18th

For many boomerang kids, moving back home after having been out on their own is a welcome opportunity to launch their career, save money for a down payment on their own house or perhaps pay down student debt.

LOS ANGELES, Calif. – Sony’s decision to cancel “The Interview” in the face of terrorist threats is already affecting the way Hollywood does business. It has outraged artists, killing their faith in studios to release edgy content. But it’s also inspired a rare hush across a usually chatty industry as everyone from moguls to makeup artists takes stock of the scandal and how it could affect their jobs.
Actors, filmmakers, politicians and pundits roundly denounced Sony’s decision on Wednesday to nix “The Interview” in response to theatre owners’ refusal to show the Christmas release in light of threats invoking 9-11. But after venting on social media, Hollywood mostly went quiet.
Gore Verbinski said Wednesday that Fox pulled out of plans to support his North Korea-set thriller, but his representative didn’t respond to inquiries Thursday. Theatres that arranged to screen 2004′s “Team America: World Police” in place of “The Interview” announced Thursday those showings had been cancelled, but the studio behind the film, Paramount, declined to comment…

WASHINGTON – The government is selling the last of its shares in Ally Financial Inc., the former financing arm of General Motors that was bailed out during the financial crisis.
Detroit-based Ally said Thursday that the Treasury Department is selling its remaining 54.9 million shares. That amounts to about an 11 per cent stake in the company. At the close of trading Thursday, that would be worth about $1.25 billion.
Ally, formerly called GMAC Inc., received a $17.2 billion bailout that began in 2008. It’s now a standalone auto financing company and bank.
Ally said that the government has already received $18.3 billion from its investment in the company. Ally went public in April and Treasury sold a chunk of its stake then.
Separately Thursday, Ally said that it has received a subpoena from the Justice Department related to subprime auto loans. It said other financial institutions had said they received similar requests earlier this year. GM Financial, an affiliate of General Motors Co…

As the home of the European Central Bank and the German headquarters of dozens of powerful financial institutions, the northern German city is one of the last remaining strongholds for Blackberry’s mobile phones.

What began with 100 patients at the program's inception, grew to 4,000 in its first three years. By late last year, no fewer than 21,986 people had prescriptions to grow medical marijuana