Ending Weed Prohibition Hasn’t Stopped Drug Crimes

James Graham Legalizing POT was supposed to reduce crime, or so advocates argued. The theory was simple: As cannabis buyers beat a path to the nearest dispensary, the black market would dry up, and with it the industry’s criminal element. Indeed, a study recently published in The Economic Journal found that after medical marijuana was […]

Facebook says it hasn’t seen any evidence that the hackers used stolen keys to access users’ Tinder, Spotify, or Instagram accounts (FB)

Drew Angerer/Getty Images Facebook got hacked, it announced last week, and there have been fears attackers could use the stolen data to break into users’ accounts on Tinder, Spotify, Airbnb, and elsewhere. On Tuesday, Facebook said there is no evidence of that sort of thing happening. But it’s still not clear who is behind the […]

Toyota Says Supra Development Team Stopped Talking to BMW Years Ago, Hasn’t Ruled Out Manual

Shrouded in secrecy and driven by hype, the next Toyota Supra has been a tough nut to crack. However, its co-development with the BMW Z4 left us thinking we’d soon have a situation akin to the Toyota 86 and Subaru BRZ. In this case, it possible that calling the cars “jointly developed” might not be entirely […]

J.Crew is trying out a new look, but it still hasn’t fixed one of customers’ biggest complaints. Here’s what it’s like to shop there now.

  J.Crew is redefining its look as it works to win back customers.  The namesake brand saw its sales decrease for three consecutive years prior to its most recent fiscal quarter, when comparable sales increased by 1%. The new J.Crew is less preppy and more like its successful sister brand, Madewell. It offers more trendy styles and a […]

Here’s why home-price appreciation hasn’t yet reached a tipping point

Scott Olson/Getty Unadjusted home prices nationwide are now 1.3% above the housing boom peak in 2006. Price appreciation in today’s housing market is characterized by a shortage of supply, while appreciation in mid-2000s was driven by a surge in demand. Consumer house-buying power is stronger today than previous housing booms years. House prices will continue […]

America’s Minivan Market Still Hasn’t Reached the Bottom of the Barrel, But It’s Nearly There

Let’s not kid ourselves. American demand for minivans is still shrinking. In fact, July sales in particular tumbled as three of the four top-selling minivan nameplates – a trio that accounts for nearly three-quarters of the sector’s volume – combined to lose more than 5,400 sales, year-over-year. But set aside all of that negativity for […]

Why the euro zone hasn’t seen more cross-border bank mergers

MERGERS of euro-area banks from different countries, a banker jokes, are “very much like teenage sex. There’s a lot of talk, but little action. And when it does happen, there’s a lot of disappointment.” In recent months gossip has linked each of France’s three biggest banks (BNP Paribas, Crédit Agricole and Société Générale), as well […]

Deep Silver hasn’t killed off ‘Dead Island 2’

Dead Island’s long-awaited sequel is alive and well despite numerous setbacks after its trailer was revealed way back in 2014. The game’s Twitter account has reassured a fan asking about Dead Island 2 that it’s still in development — the release of the zombie franchise’s Survivor mobile game spin-off apparently doesn’t mean that its publisher, […]