By Mrinalika Roy (Reuters) - The U.S. Justice Department is moving to make marijuana use a less serious federal crime with a proposal to reclassify the drug as on par with Tylenol with codeine, rather than heroin, according to sources. Here are some ways those changes will affect business. WHAT DOES RESCHEDULING ENTAIL? Under the Controlled Substances Act, marijuana is...

April 30 (Reuters) - Pipeline operator ONEOK ( OKE ) reported a fall in first-quarter profit on Tuesday as it booked higher operating costs and capital expenditures. The company reported net income of $639 million, or $1.09 per share, for the three months ended March 31, compared with $1.05 billion, or $2.34 per share, last year. Analysts had expected net...

April 30 (Reuters) - Canada's TD Bank said on Tuesday it had taken an initial provision of $450 million in relation to ongoing discussions with a U.S. regulator over an anti-money laundering probe and any penalties it might be slapped with. The lender disclosed last year that it was cooperating with authorities in an investigation into its AML compliance program...

(Reuters) - Australian retailer Woolworths on Wednesday said it was selling a 5% stake in Endeavour Group ( EDVGF ), which operates liquor stores and pubs, generating proceeds of A$468 million ($302.98 million). The sale will happen via a block trade at a price of A$5.22 per share, Australia's largest supermarket operator said, adding that it would now own about...