CHICOPEE — When Jim Robinson opened his vape store five years ago, his goal was to expand into a retail cannabis store once marijuana was legalized.

After slogging through the state application process and facing multiple setbacks over the past two years, Robinson is now taking his last steps to opening by seeking a special permit from the city for JimBuddy’s Rec Shop on Memorial Drive.

Robinson appeared before the City Council’s zoning committee Wednesday. But the board postponed the vote and recommended he withdraw his application temporarily, until a traffic study is completed and his landlord resolves violations on the property’s parking lot.

“It would behoove the property owner to fix this issue to allow a possible tenant to move forward with permitting for their store,” City Planner Lee Pouliot said.

The property otherwise meets local requirements for a recreational marijuana license. Because the parking lot is small, Robinson

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The precious metals sector of the commodities market posted a gain over the third quarter of 2020, with all members of the sector posting impressive gains. The sector has moved over 17% higher over the first nine months of 2020.

The composite of the four precious metals that trade on the COMEX and NYMEX divisions of the CME dropped by 5.44% in Q1 2020. In Q2, it gained 11.52%. In Q3, it vaulted 14.30% to the upside and was 17.46% higher over the first nine months of this year.

In Q1, the outbreak of coronavirus and the upcoming US election caused volatility in markets across all asset classes. During the final week of February, risk-off conditions caused central banks around the world to ease, which continued to support the price of gold. In March, the US central bank lowered the Fed Funds rate to zero percent and launched bazookas of

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Bloomberg Baystate Business for Monday, October 5th, 2020

– Bloomberg National political reporter Gregory Korte on the campaign impact of the President’s Covid diagnosis and hospitalization (3:50)

– Kate Fox, Destination Salem, on the business scene in Salem leading up to Halloween in the time of Covid (13:37)

– Tina Jordan of the Salem Witch Museum on how her business is going (22:37)

– Boston Globe business reporter Jon Chesto on the controversy over the Riverside redevelopment in Newton (30:35)

– State House News Service senior reporter Matt Murphy on the week ahead on Beacon Hill (43:30)

– Boston Globe reporter Matt Stout on the state law that allows dead people to vote in this election (55:45)

– Janet Wu reports on the latest Covid numbers in the state, followed by Dr. Charles R. “Bob” Horsburgh, Jr., professor at the Boston University Schools of Public Health, and epidemiologist at Boston

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a fire truck parked in front of a building: A Regal Cinemas seen closed on May 3 in New York City. Rob Kim/Getty Images


© Rob Kim/Getty Images
A Regal Cinemas seen closed on May 3 in New York City. Rob Kim/Getty Images

  • Regal Cinemas on Monday said it was closing 536 US theater locations because of a lack of new releases.
  • The closings will affect 40,000 Regal employees.
  • Movie theaters remain closed in the US’s two largest cities as coronavirus case numbers continue to increase.
  • Shares of Regal’s parent company, Cineworld, plunged 40% in trading Monday after the announcement.
  • Visit Business Insider’s homepage for more stories.

With virtually no new movies to show at its theaters — and a coronavirus outbreak that shows no signs of slowing — Regal Cinemas on Monday confirmed earlier reports that it would shutter all of its US locations beginning Thursday.

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Regal is the second-largest movie-theater operator in the country behind AMC. The closing will affect roughly 40,000 US employees, the company said, and there’s no

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As the Covid pandemic rages in India, entrepreneurs are putting in more technology innovations to deal with the crisis and bank on it. Here is the list of four technology innovations that sprung up during the coronavirus outbreak:

CoronaOven

Log 9 Materials, a Bengaluru-headquartered nanotechnology start-up, has come up with first-of-its-kind a product named CoronaOven that makes use of UV-C light (having a wavelength of 253.7 nm) in combination with significant design parameters. The device disinfects surfaces (of various objects, personal protective equipment, etc.) from germs including bacteria and viruses. This unique multi-focal UV disinfection chamber that claimed to sanitise any surface within 4 minutes. CoronaOven is available in different sizes like 20-litre, 33-litre, 40-litre and 440-litre variants.

Vistar

AirOk manufactures air purifiers that use a patent filter technology called EGAPA (Efficient Granular Absorbent Particulate Arrester) to filter out major pollutants and gaseous substances. Vistar air purifiers have been innovated

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  • A Facebook post by PureGym’s Luton and Dunstable branch advertised a special Black History Month workout, saying “slavery was hard and so is this.”
  • PureGym removed the Facebook post and apologized, but the personal trainer who posted it then reshared it on his personal Instagram account, before later removing it.
  • The post was “wholly unacceptable,” PureGym said, and was not approved or endorsed by the company.
  • Visit Business Insider’s homepage for more stories.

UK gym operator PureGym has been slammed after a Facebook post from one of its sites compared slavery to an intensive workout.

The post by its Luton and Dunstable gym in southern England advertised a special Black History Month workout, saying “slavery was hard and so is this.”

The workout was titled “12 Years of Slave”,  a reference to the movie “12 Years a Slave.”

After intense social media backlash, PureGym issued

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Japan’s Kirin Holdings (OTCPK:KNBWY) is a challenging company to evaluate. On one hand, you have a management team that has done some very good things with its brewery operations over the past few years, including leveraging new product development to regain #1 share in Japan. Management has also been diligent about exiting (or at least trying to exit) business with weak margin and growth outlooks.

On the other hand, the company’s investment into Fancl, a Japanese manufacturer of cosmetics and supplements is a curious step, as was the acquisition of Kyowa Hakko Bio, and there have been persistent rumors about whether Kirin would acquire more of Kyowa Kirin (OTC:KYKOY).

I understand why Kirin management wants to look beyond the beer business for avenues of growth; Japan is a low-growth market (at best) and there aren’t many attractive “gettable” beer businesses elsewhere. On the other hand, not many companies

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We’re in the final few months of 2020, and hundreds of millions of Americans are waiting on a decision to be made on a new stimulus bill and a second stimulus check that it would hopefully contain — with hopes that another package would be approved by Election Day.



Everything you need to know about economic stimulus checks, right here. Angela Lang/CNET


© Provided by CNET
Everything you need to know about economic stimulus checks, right here. Angela Lang/CNET

A slimmed-down version of its Heroes Act was passed by the House of Representatives on Thursday, but it’s unlikely to be taken up in the upper chamber by Senate Majority Leader Mitch McConnell. However, House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are still working toward a bipartisan agreement on a different piece of legislation that would crystallize into a stimulus package. 

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President Donald Trump’s hospitalization with COVID-19 could impact the negotiations over coronavirus relief and the timeline for when

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(Bloomberg) — Oil jumped the most since May in New York, rallying in tandem with equity markets on optimism over the potential for more U.S. fiscal relief.

U.S. benchmark crude futures advanced as much as 7.2% on Monday. House Speaker Nancy Pelosi said Friday that President Donald Trump’s Covid-19 diagnosis might change the tenor of the talks on new stimulus and Trump tweeted from the hospital that a deal needs to get done. Meanwhile, a decision on Trump’s release is unlikely to occur before Tuesday, according to people familiar with the matter.

There are still hopes for a new stimulus package in the U.S., said John Kilduff, a partner at Again Capital LLC. “We need the economy to get boosted, and for that to translate to improved demand for refined fuels.”

Prices are still recovering from a selloff in recent weeks amid worries that a resurgence of the pandemic in

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(Bloomberg) — Italy is starting to plan for what could happen to its economy if the coronavirus pandemic worsens significantly.

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In a worst-case scenario, the Italian government sees gross domestic product dropping 10.5% this year and expanding only 1.8% next year, according to a draft budget outlook document seen by Bloomberg and still subject to change. The scenario draws on a study by Oxford Economics to factor in the impact of a renewed virus outbreak on the global economy.

Prime Minister Giuseppe Conte’s cabinet will sign off on the budget outlook at a meeting that could take place as early as Monday evening. Its baseline scenario forecasts that the economy will contract 9% this year and expand 5.1% in 2021, which might rise to 6% taking into account government stimulus.

The administration targets cutting the country’s debt pile to 151.5% of gross domestic product by 2023, according to

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