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NEW YORK (AP) — If you were to choose a word that rose above most in 2020, which word would it be? Ding, ding, ding: Merriam-Webster on Monday announced “pandemic” as its 2020 word of the year.Merriam-Webster's editor at large, Peter Sokolowski, tells The Associated Press ahead of Monday's announcement that pandemic rose to the top in March.That's when the World Health Organization declared the novel coronavirus crisis a pandemic.Interest in the word on the company's website, Merriam-Webster.com, has been high through the year.Among the runners up for word of the year: kraken, mamba and defund.President-elect Joe Biden's fondness for the word malarkey lifted the word to runner up status as well. 712

NEW YORK (AP) — Uber shares sunk even further after its disappointing stock market debut as doubts lingered over the company's ability to turn a profit and trade tensions dragged down the overall market.The ride-hailing giant's stock fell 10% and hovered around Monday afternoon on Uber's first full day of trading.The mounting losses followed Uber's disappointing initial public offering. On Friday, it took a 7 million hit — the largest loss on the first day of trading by a U.S.-based company in recent history, according to Renaissance Capital.Uber's earliest investors are still making money off the IPO, but "for late-round investors, it's possible by the time they exit they will end up with a loss," said Jay Ritter, finance professor at the University of South Florida.Among the recent big investors — and perhaps losers — is PayPal, which had disclosed plans to buy 0 million in Uber stock at the IPO price of .Uber has had no trouble convincing venture capitalists to pour money into its earlier funding rounds, but with its unclear path to profitability, it's having a more difficult time with Wall Street investors."It's clearly a high-risk, high-reward scenario. You're betting on something that may happen 10 years down the road," said Matt Kennedy, senior IPO market strategist at Renaissance Capital, a manager of IPO exchange traded funds. "Public investors are looking at profits and not seeing any, and the company's growth in the last quarter was relatively strong, but I don't think it blew anyone away."Uber's main U.S. rival, Lyft, is in a similar spiral. Its stock was trading below on Friday, down 33% from its IPO price of .It's rare to see shares in a tech company hit so hard upon going public. Over the past five years, just 10% of similar companies finished their first day of trading below their IPO price, Kennedy said.Uber's revenue last year surged 42% to .3 billion, but the company admits it could be years before it turns a profit. 2000

Nestled along the edge of Lake Champlain, where Vermont and New York meet, is the kind of place postcards aspire.Beautiful farmlands like Seth Lapidow’s sit in Shoreham, Vermont. But while there are some animals on Lapidow’s farm, he’s a very different kind of farmer.Late last year, this 62-year-old farmer gave up his multimillion-dollar New York City law firm, to begin a start-up CBD farm. Things grew almost as quickly as the cannabidiol plants that surround his property.“At the end of 2019, we had a solid year. We had a solid year,” said Lapidow, while looking out toward the apple orchards that surround his property.But when COVID-19 struck, the farm had to shut down for two months. There was no harvesting and no retail sales. Even months after the shutdown, there are still streams of revenue for this farm that have disappeared completely.“People stopped paying their bills. I don’t know what the murder rate of my customers is. I don’t know how many are gone for good,” Lapidow said.After initially laying off all his employees, he has been able to rehire most of them. Sales are still down year-to-year, but COVID is giving some in the industry an unexpected boost.Researchers at Augusta University in Georgia have found new evidence that cannabis-derived CBD may help those suffering from severe lung inflammation that occurs in more serious cases of COVID-19.Legally, because it's not FDA approved, Lapidow can't make claims about what his products do. But many of his customers are using CBD creams, pills, and even bath soaps to help deal with the anxiety so many of us are feeling during the pandemic.“It just binds to receptors in your system and seems to balance things out for a lot of people,” he noted.As for Vermont Pure CBD, they, like so many other small businesses, are just trying to be creative preparing for how COVID-19 might change the landscape of their farm. 1903

Nevada Highway Patrol has found the driver who hit one of their patrol cars on Monday.It happened around 5:03 p.m. local time Monday. A trooper was conducting a traffic stop on U.S. 95 northbound near Summerlin Parkway. Both vehicles were stopped on the right shoulder when another vehicle disregarded the Move Over Law and hit the trooper's vehicle.The collision resulted in the door being almost torn off. The driver of the other vehicle kept going.After the hit-and-run driver was found Tuesday, the person was ticketed but not arrested. She was issued citations for driving without a valid license, hit-and-run property damage and failure to stop and render aid, all misdemeanors.Fortunately, the trooper was not injured.NHP released body-camera video of the incident.  801

Nestlé's Purina is launching a line of dog and cat foods that'll include insect and plant proteins.In a press release, the company said Purina Beyond Nature's Protein would come in two versions: one based on chicken, pig's liver, and millet, which is a small, round whole grain grown in Asia and Africa. The other will use protein from black soldier fly larvae, chicken, and fava beans."Every ingredient in our food serves a purpose. With our new Beyond Nature's Protein dry pet food, we are offering a complete nutritious alternative to the conventional dog and cat products, while taking care of the planet's precious resources by diversifying the protein sources," Nestlé Purina Petcare EMENA CEO Bernard Meunier said in the news release. "We're constantly looking at ways in which we can source sustainably for the longer-term while still delivering the high-quality nutrition that pets need today and tomorrow."The company said they would first sell the new products in Switzerland this month. 1006

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