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Washington State Officials: It's Going To Take A Year To Devise Pot Rules

Submitted by Fox First at Ten on December 4th

AP WIRES - It's going to create a lot of jobs for a lot of people," says Paul Lugo, owner of a five-month-old medical marijuana dispensary in Spokane who sees big possibilities in legal pot sales to the public. "This could be the thing that gets the economy rolling again." Possession becomes

Washington State Officials: It's Going To Take A Year To Devise Pot Rules

Submitted by Fox First at Ten on December 4th

Vail Resorts posts 1Q loss, backs off outlook

Submitted by Fox First at Ten on December 4th

BROOMFIELD, Colo. (AP) - Ski resort operator Vail Resorts said Tuesday its fiscal first-quarter loss increased and warned it may not hit its expected earnings target this year. The Broomfield, Colo., company posted a loss of $60.6 million, or $1.70 per share in the quarter that ended Oct. 31,

Darden cites failed promotions for lower outlook

Submitted by Fox First at Ten on December 4th

ORLANDO, Fla. (AP) - Darden Restaurants Inc. is cutting its profit forecast for the year, with the owner of Olive Garden and Red Lobster blaming failed promotions and negative publicity generated by its tests to limit health care costs for workers. The company's stock tumbled nearly 10 percent

Spain's jobless near 5 million as banks await cash

Submitted by Fox First at Ten on December 4th

By By CIARAN GILESAssociated Press MADRID (AP) - The number of people officially registered as unemployed in Spain has edged up toward 5 million as the country's recession shows few signs of abating and its struggling banks await crucial bailout cash. Spain's Labor Ministry said Tuesday

Saudi group sells majority stake in NY's Plaza

Submitted by Fox First at Ten on December 4th

RIYADH, Saudi Arabia (AP) - The investment firm headed by Saudi billionaire Prince Alwaleed bin Talal says it has sold a majority stake in The Plaza Hotel in New York to a major Indian real estate conglomerate in a $575 million deal. Kingdom Holding Co. says it will retain 25 percent equity

Australia lowers key interest rate to 3 percent

Submitted by Fox First at Ten on December 4th

By By KRISTEN GELINEAUAssociated Press SYDNEY (AP) - Australia's central bank cut its benchmark interest rate by a quarter percentage point Tuesday, taking it to its lowest level since the global financial crisis, as slower growth in China, uncertainty over the U.S. outlook and stubbornly

Washington State Seeks Experts On How To Develop Pot Industry; Legal On Thursday

Submitted by Fox First at Ten on December 3rd

OLYMPIA, Wash. (AP) - State officials tasked with developing a legal marijuana industry in Washington state have a problem: There's no similar system anywhere in the world that they can look to for guidance. The state's Liquor Control Board also says it has little insight

Washington State Seeks Experts On How To Develop Pot Industry; Legal On Thursday

Submitted by Fox First at Ten on December 3rd

Strategy, timing key to states' pot legalization

Submitted by Fox First at Ten on December 2nd

By By GENE JOHNSONAssociated Press SEATTLE (AP) - In the late-1980s heyday of the anti-drug "Just Say No" campaign, a man calling himself "Jerry" appeared on a Seattle talk radio show to criticize U.S. marijuana laws. An esteemed businessman, he hid his identity because he didn't want to