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Former Colorado player, Seahawks draftee shot to death over parking dispute

“A sheriff’s office spokesperson said the two met at an area high school to settle their dispute over a parking spot” reports sportingnews.com. A former University of Colorado football player drafted by the NFL’s Seahawks died Monday from gunshot wounds suffered Sunday during what authorities say was a dispute with a neighbor over a parking spot, The Denver Post reported . Source: sportingnews.com

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CA black market for pot stifling legal sales. Now gov wants to step up enforcement…

“Perhaps the biggest setback for tougher enforcement was a result of a dispute last year between Brown and Democratic leaders in the state Assembly” writes Patrick Mcgreevy for latimes.com. Brown proposed in his final budget to provide $14 million to create five enforcement teams — each located in a different part of the state — to investigate California’s black market for marijuana, with an emphasis on going after drug cartels and gangs. But negotiations stalled last year in a dispute over how to pay for the program. Source: latimes.com

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Gov. Gavin Newsom calls for tougher enforcement against California’s black market for pot

“Perhaps the biggest setback for tougher enforcement was a result of a dispute last year between Brown and Democratic leaders in the state Assembly” writes Patrick Mcgreevy for latimes.com. Brown proposed in his final budget to provide $14 million to create five enforcement teams — each located in a different part of the state — to investigate California’s black market for marijuana, with an emphasis on going after drug cartels and gangs. But negotiations stalled last year in a dispute over how to pay for the program. Source: latimes.com

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Markets News Stocks 

After strong 2019 start for U.S. stocks, trade verdict looms

“Investors are increasingly hopeful about a positive resolution as a March 1 deadline for trade talks nears” reports businessinsider.com. “Risk assets across the spectrum would see severe selling pressure if trade talks completely collapsed and tariff rates rose,” Saglimbene said.But a trade deal that avoids more severe tariffs could help, since many companies prepared investors for the worst.And if the United States and China reach a deal, market professionals say clarity after the lengthy dispute should continue to push shares higher. Source: businessinsider.com

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Apple’s workaround to Qualcomm patent woes in Germany is to use Qualcomm chips

“The iPhone 7, 7 Plus, 8, and 8 Plus are once again available in Germany, after a patent dispute forced apple to withdraw the sale of the phones at the beginning of January (via The Wall Street Journal)” writes Feb Est for theverge.com. In a statement, the company said that “to ensure all iPhone models can again be available to customers in Germany, we have no choice but to stop using Intel chips and ship our phones with Qualcomm chips in Germany.” The workaround mirrors a move by the company…

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Futures Markets News 

Futures point to a triple-digit gain for the Dow after tentative deal to avoid government shutdown

“The trade dispute has already started to impact global growth, with investors worried a protracted dispute could soon severely hurt corporate earnings” writes Sam Meredith for cnbc.com. ET, Dow Jones Industrial Average futures rose 156 points, indicating a positive open of more than 143 points.Market focus is largely attuned to global trade developments, with the U.S. and China trying to hammer out a deal before an early March deadline.Meanwhile, market sentiment got a boost amid news U.S. lawmakers had secured a tentative deal on border security funding on Monday.U.S. stock…

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EU to challenge U.S. duties on Spanish olives

“Tomorrow, we are taking this case to the WTO dispute settlement system, requesting consultations with the U.S,” the commissioner said on Twitter” reports businessinsider.com. FILE PHOTO: A olive tree is seen in a field in the outskirts of Ronda Thomson Reuters BRUSSELS (Reuters) – The European Union will begin legal action at the World Trade Organization this week against U.S. duties imposed on Spanish olives, EU trade chief Cecilia Malmstrom said on Monday. Source: businessinsider.com

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US-China trade talks are really about ‘a new world order,’ says asset management CEO

“Trade talks between the United States and China are not simply about trade but a “new world order,” the chief executive of a major asset management firm told CNBC. “The big uncertainty is the U.S.-China trade negotiation which is not really about trade, it’s about a new world order,” Investec’s Hendrik du Toit said at the World Economic Forum in Davos, Switzerland.”” writes Ryan Browne for cnbc.com. That trade deficit rose to its largest in a decade in 2018. The two countries have been trying to deescalate the trade war,…

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Walmart and CVS just resolved their $4 billion dispute over where you can pick up your prescriptions

“The companies said Friday that they had reached a multi-year agreement to let customers of CVS Caremark continue to pick up their prescriptions at Walmart pharmacies” writes Zachary Tracer for businessinsider.com. Walmart and CVS Health have resolved a dispute that threatened to make it harder for some customers to pick up their prescription drugs, just days after it burst out in public.On Monday, CVS had said that some Caremark customers would soon be prevented from picking up their drugs at Walmarts, because of a pricing dispute. Source: businessinsider.com

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Dispute over rules riles California’s legal pot market

“But a dispute over home deliveries into communities that ban pot sales could end up in court” writes Michael R for seattletimes.com. He said the state also should be mirroring rules set by the federal government, which could eventually oversee the national pot market.The rules released Wednesday will allow home marijuana deliveries statewide, even into communities that have banned commercial pot sales.LOS ANGELES (AP) — California has finalized its rules governing the nation’s largest legal marijuana market, a milestone coming more than a year after the state broadly legalized cannabis…

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