Retail

Sales of legalized marijuana have put over $65 million into Washington state’s tax coffers over the past year, officials said. They are now lowering excise taxes and regulating medical cannabis to help the fledgling industry.

A spike in synthetic drug overdoses in Washington, DC has prompted the city to pass emergency legislation, which has now been signed into law by Mayor Muriel Bowser. It institutes harsh new penalties to businesses that sell the dangerous substances.

China is expected to become the world’s biggest overseas investor by 2020. Beijing’s global offshore assets will likely triple from $6.4 trillion, to more than $20 trillion by then, says research reported in the Financial Times (FT).

Apple has yanked all applications that contain the Confederate flag from its AppStore, following the lead of other major retailers. However, it removed historically accurate Civil War games alongside apps that promoted potentially offensive themes.

Dramatic footage of armed robbers breaking into a jewelry store and terrifying staff has been released by police. It shows a gang of four balaclava-clad men using a battering ram to smash down the door of a Manchester jewelers.

A new report accuses Walmart of stiffing the US government out of $3.5 billion in corporate income taxes by hiding more than $76 billion in assets in a web of subsidiaries in international tax havens where the company does not own any retail stores.

Two states are investigating Apple for potentially colluding with or pressuring music companies to favor its new Apple Music, its new paid subscription service, to the detriment of Apple’s competitors. The US government and EU are also probing the issue.

Copies of Islamic State’s English-language magazine, Dabiq, which has justified rape and murder, have been pulled from sale by online retailer Amazon. Four different volumes had been on sale for just under two weeks before they were removed.

In an attempt to kill two birds with one stone fruit, a former grocery store chain president has opened a new, nonprofit store in Boston, Massachusetts that hopes to tackle both food waste and the unaffordability of healthy food among the working poor.