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COLUMBUS, Ohio (AP) — Banning marijuana growing at home, increasing the substance's tax rate and altering how those taxes get distributed are among vast changes Ohio Senate Republicans proposed Monday to a marijuana legalization measure approved by voters last month. “This is not what voters wanted.”The Senate changes still have a long way to go, however. The Senate's proposal also would increase the approved tax on marijuana products of 10% to 15%. Tax revenue would go toward general state funding, law enforcement training, substance abuse treatment and prevention and safe driving training. Under the new measure, marijuana products would have to be sold in child-safe packaging and could not resemble any animals, fruit or fictional characters such as those from cartoons.
Persons: ” Sen, Michael Rulli, Tom Haren, Ohioans, , Mike DeWine, Ohio Republican Sen, Rob McColley, Scott Milburn, Sen, Bill DeMora, ” DeMora, ___ Samantha Hendrickson Organizations: GOP, Columbiana County Republican, General Government Committee, Alcohol, Senate, Republican, Ohio Republican, Protect Ohio Workers, Columbus Democrat, Associated Press, America Statehouse News Initiative, America Locations: COLUMBUS , Ohio, Ohio, Columbiana County, Michigan
Goodyear tune-up may go beyond rotating the tires
  + stars: | 2023-11-15 | by ( ) www.reuters.com   time to read: +2 min
Aug 20, 2023; Watkins Glen, New York, USA; A detailed view of Goodyear Eagle racing tires prior to the Go Bowling at The Glen at Watkins Glen International. Mandatory Credit: Matthew O'Haren-USA TODAY Sports Acquire Licensing RightsNEW YORK, Nov 15 (Reuters Breakingviews) - A century is a long time to accumulate bad habits. Goodyear Tire & Rubber (GT.O) on Wednesday said it would try to shed some, by selling $2 billion of assets, streamlining its business and paying down debt. As the $4 billion company tidies itself, it could turn out to be worth more in pieces. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Watkins, Matthew O'Haren, Richard Kramer, Elliott, Goodyear, Jonathan Guilford, taints, Jeffrey Goldfarb, Aditya Sriwatsav, Sharon Lam Organizations: Goodyear Eagle, Watkins Glen International, Reuters, Goodyear Tire &, Elliott Investment Management, Electric, United States Steel, Goodyear, X, Alstom, Thomson Locations: , New York, USA
The testimony accuses Trump of personally ordering that his net worth "go up" each year. But in court papers filed Tuesday afternoon, New York Attorney General Letitia James pushed hard to keep it in the trial. Neither Weisselberg nor Trump – both defendants in James' massive fraud lawsuit – have yet been asked to verify what they allegedly said in this game-of-telephone relay. But in sworn depositions before the attorney general's office, both Weisselberg and Trump have minimized their own involvement in the drafting of the net worth statements. James is seeking repayment of some $250 million she says Trump pocketed in interest-rate savings and other benefits.
Persons: Trump, , Donald Trump, he'd, Allen Weisselberg, Patrick Birney, Letitia James, James, Birney, Arthur Engoron, Engoron, Eric R, general's, Weisselberg, Eric Trump, Donald Trump , Jr, , Haren Organizations: Service, New, Trump, New York Locations: New York
Trump's Manhattan civil fraud trial began week 3 on Monday with testimony by a Trump Org finance VP. He said CFO Allen Weisselberg told him, "Mr. Trump" wants his net worth numbers to go up each year. AdvertisementAdvertisement"Did Allen Weisselberg ever tell you that Mr. Trump wanted his net worth on the Statements of Financial Condition to go up?" Testimony by Patrick Birney, a assistant finance vice president at Trump Organization, helps link Donald Trump to what the New York attorney general calls a fraud conspiracy. AdvertisementAdvertisement"Allen Weisselberg told me Donald likes to see it go up in that period you just said," meaning 2017 - early 2020, Birney had told the AG's office in his deposition.
Persons: Allen Weisselberg, Trump, , Donald Trump's, Patrick Birney, , Letitia James, Eric R, James, Birney, Allen, Donald Trump, bombshells, Birney hadn't, Donald, Arthur Engoron Organizations: Trump Org, NY, Service, Monday, New York, New, Trump Organization, Trump Locations: New York
Eric Haren of the attorney general’s office showed the court several versions of internal spreadsheets from 2017 financial documents prepared by Trump Org. Ultimately the presidential premiums were never included on Trump’s financial statements. Birney, who was a senior financial analyst in 2016 when he joined Trump Org., still works there, now as vice president of financial operations. He reiterated his previous testimony that Weisselberg or former controller Jeffrey McConney would determine what methods were used to value assets that were included on Trump’s financial statements. Birney also testified that Weisselberg directed him to use low capitalization rates and top of the market comparable recent sales to value some of Trump’s assets.
Persons: Donald Trump’s, Eric Haren, Patrick Birney, Birney, Allen Weisselberg, Trump, Weisselberg, Letitia James, Jeffrey McConney Organizations: New, New York CNN — Trump Organization, Trump Org, Trump, Forbes, New York, Vornado Locations: New York
These states might be the next to legalize weed
  + stars: | 2023-05-07 | by ( Stefan Sykes | ) www.cnbc.com   time to read: +7 min
The state became the 22nd to legalize recreational marijuana and follows Missouri and Maryland, which did so earlier this year. Some states are even moving ahead with proposals or ballot measures to legalize weed, putting them within arms' reach of having recreational markets. These are the states that have a chance to legalize adult-use marijuana in the coming years. OhioOhio may vote on whether to legalize recreational marijuana in November. Haren said the proposal also plans to build upon Ohio's medical marijuana program and issue additional adult use licenses to new companies.
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