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Constellation Brands stock sinks as weak wine sales, cannabis investment hurt 2019 forecast

CNBC.COM
– Shares of the Corona brewer drop after the company disappointed Wall Street with its fiscal 2019 outlook. Shares of Constellation Brands skidded as much as 11 percent Wednesday morning as the Corona brewer tries to offset its disappointing wine and spirits business with the latest craze: cannabis.Global alcohol consumption has been dropping as consumers find other vices like marijuana. As a way of moving beyond i..Read more»

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California bans gender in setting car insurance rates

CBSNEWS.COM
– On Jan. 1, outgoing California Insurance Commissioner Dave Jones banned the use of gender in setting insurance rates for private passenger cars throughout...

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Dow posts 4-day winning streak as Fed meeting minutes confirm patience on rate hikes

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– Stocks rose in another volatile session on Wednesday after a summary of the Federal Reserve’s meeting in December reiterated comments from the central...

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