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General Electric CEO Larry Culp is turning to his former company as he continues to dismantle GE.Danaher, the industrial company Culp ran for years, agreed on Monday to buy GE's BioPharma business. The deal will raise .4 billion for GE, which is racing to fix its debt-riddled balance sheet by 309
From high-waisted mom jeans to 80s neon shirts and denim overalls, what was once popular can sometimes be a trend again. Remember Crocs? Well, the rubber boat shoes are back in style."They aren't really stylish, or they are kind of ugly,” says 8th-grader Faith Geisinger.However, despite its appearance, Geisinger says Crocs are no longer embarrassing to sport. Everyone her age is wearing them.Crocs are back and more popular than ever thanks to Generation Z, the demographic cohort that follows Millennials."Well, they are just kind of cool and what makes them fashionable are the Jibbitz," Geisinger says.Crocs are ranked no. 13 among most popular footwear brands, but that wasn’t always the case. In 2017, they were no. 30."Crocs has really been focused on keeping the brand or making the brand relevant," says Katie Wagner with Crocs.She believes teens were a big reason for the newfound hype and popularity. There was also big help from celebrity endorsements."Teenagers in particular are really embracing this brand because self-expression is so important," Wagner says.Additionally, the company collaborated with celebrities who teenagers love like Post Malone and Luke Combs.Crocs aren’t the only ones capitalizing on the 90s resurgence. Companies like Fila, Nike and Adidas have brought back the dad sneaker.What you might find ugly, someone else may find fashionable. 1390

HARTFORD, Conn. – The nation's two largest teachers unions are calling on schools to revise or eliminate active shooter drills. The American Federation of Teachers and National Education Association issued a report Tuesday with the advocacy group Everytown for Gun Safety Support. They assert that simulating a school shooting can harm the mental health of students and educators. They say schools should instead concentrate on training teachers to respond to emergencies. Jean-Paul Guilbault, the chief executive of the Alice Training Institute, which runs active shooter drills, says they are effective when done appropriately. 641
How much would you spend for a dirty-looking pair of shoes? Okay, these shoes from Gucci aren't actually dirty, but they were made to have a "distressed" look. Oh by the way, a pair of these shoes go for $ 217
Hemp and CBD: It's a good thing. Just ask Martha Stewart.Stewart is joining the Canadian marijuana company Canopy Growth as an adviser to help develop products derived from cannabis for people and animals."I am delighted to establish this partnership with Canopy Growth and share with them the knowledge I have gained after years of experience in the subject of living," Stewart said in a release.The pair's first project will offer "sensible products for people's beloved pets," Stewart added.Canopy Growth, which is backed by a multi-billion dollar investment from Corona owner Constellation Brands, announced the deal Thursday with Sequential Brands Group, the consumer company that bought Martha Stewart Living Omnimedia in 2015."As soon as you hear the name Martha, you know exactly who we're talking about," said Canopy Growth co-CEO Bruce Linton. "Martha is one of a kind and I am so excited to be able to work alongside this icon to sharpen our CBD product offerings."Shares of Sequential Brands Group, which also owns the Franklin Mint, the Jessica Simpson clothing brand and an Emeril Lagasse line of cookware, surged more than 30% on the Martha Stewart news — albeit to just under .60 a share. Canopy Growth's stock rose 4%.A big betCanopy Growth decided to make a big bet on hemp and CBD products following the passage of the farm bill in the United States at the end of last year, which legalized hemp production.The company announced last month that it received a license from New York state — where Constellation Brands is based — to process and produce hemp. That will allow it to develop products that contain CBD, the non-psychoactive compound that some say helps reduce anxiety and stress. The CBD derived from hemp has extremely low levels of THC, the component of marijuana that gets you high.The regulatory environment for CBD remains in flux, though. The Food and Drug Administration has approved one drug that contains CBD for the treatment of some seizures, but CBD largely remains federally prohibited. Some state laws allow for recreational marijuana and for CBD.After the farm bill passed, the FDA said it would "continue to closely scrutinize products that could pose risks to consumers."Canopy Growth intends to spend between 0 million and 0 million to help set up a so-called Hemp Industrial Park in upstate New York, an investment that Senator Chuck Schumer of New York, a Democrat, has said could create hundreds of jobs.The company already partners with Martha Stewart's friend Calvin Broadus, better known as Snoop Dogg. The rapper has an investing firm called Casa Verde Capital that focuses on cannabis startups.Canopy Growth's Tweed Inc. subsidiary struck a deal with Broadus in 2016 to market the Leafs by Snoop brand of cannabis products.Stewart and Broadus also host a cooking and lifestyle show called "Martha & Snoop's Potluck Dinner Party" on VH1. 2915
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