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Juul's CEO just stepped down and the e-cig company said it will stop all advertising in the US
Juul just announced in a statement on its website that the Kevin Burns, CEO of the e-cigarette company has stepped down from the role.
Juul also said, effective immediately, that it would be "suspending all broadcast, print and digital product advertising in the US."
- It also will be "refraining from lobbying the Administration on its…
Yusuf Khan
Theron Mohamed
Mary Meisenzahl
Latest Stories
Barclays says 3,000 jobs have been culled so far this year
"At the end of Q1 there were a number of questions about how Jes Staley's plan for the bank was pla…
Yusuf Khan
Oreo-maker Mondelez is bracing for Brexit - saying the pound's drop and price spikes may hurt sales of chocolate, cookies, and candy
The UK division of Mondelez is a "snacking powerhouse" that commands a large share of the chocolate…
Theron Mohamed
The body of India's missing 'coffee king' has been found
V.G. Siddhartha, the founder of India's largest coffee chain, Coffee Day, told his driver he was go…
Theron Mohamed
Beyond Meat's CEO says it's 75% of the way towards matching animal meat
Strong demand for Beyond Burger nearly quadrupled Beyond Meat's net revenue to about $67 million la…
Theron Mohamed
5 ways the video-game industry will change in the next decade
The video-game industry is poised to change dramatically over the next decade. Cloud gaming, digita…
Theron Mohamed
Swell, a do-good investing app with $33 million in assets, is shutting down
"Gen-Z consumers see ESG as a priority like no generation before, with the perceived morals of a fi…
Rebecca Ungarino
Welcome to Cultivated: An an inside look at the deals, trends, and personalities driving the multibillion-dollar global cannabis boom
The fiasco at Canadian marijuana producer CannTrust dominated the news in the sector over the past …
Jeremy Berke
Stocks are dropping as traders worry about the US-China trade war, Iran tensions, and weak earnings
Meanwhile, Netflix shares plunged on Wednesday after it reported its first decline in US subscriber…
Theron Mohamed
Leaked Barclays memo warns of a crackdown on traders using cell phones on the trading floor
Barclays is going through a particularly turbulent time in its markets division after the shock dep…
Rebecca Ungarino,Trista Kelley
Bank of America Merrill Lynch beats Wall Street forecasts with record second-quarter earnings
"Our commitment to responsible growth resulted in the best quarter and first-half year of earnings …
Theron Mohamed
Richard Branson's Virgin Galactic is going public in 3, 2, 1...
Virgin Galactic has raised upwards of $1 billion since its founding in 2004, and collected about $8…
Theron Mohamed
The economist nicknamed 'Dr Doom' just gave a bleak economic outlook - calling China and Iran '2 big shocks' that will lead to 'severe recession'
Meanwhile, if rising tensions between the US and Iran break out into war, the disruption to oil sup…
Theron Mohamed
Bankers are rushing to take Oxford University's fintech courses before robots take their jobs
The financial sector is experiencing sweeping changes. Algorithmic trading is forecast to grow 11% …
Theron Mohamed
Stocks are jumping as traders see 'light at the end of the trade-war tunnel'
"The sentiment in the markets is turning bullish as investors are hoping from some sort of meaningf…
Theron Mohamed
Gun and ammo sellers are suffering from a lack of 'fear-based buying' because no one's worried about gun control under Donald Trump
American Outdoor, which owns Smith & Wesson, sold nearly 700,000 fewer handguns and long guns i…
Theron Mohamed
Traders waiting for the Fed's 'moment of truth' are sending global stocks higher
The Trump administration also ordered an additional 1,000 troops to the Middle East in response to …
Theron Mohamed
Trump is threatening sanctions on Germany over its Russian gas pipeline, opening a new front in the trade war that the Kremlin calls 'blackmail'
US lawmakers fear the pipeline would tighten Russia's grip on European energy, bolstering its clout…
Theron Mohamed
Pricey data, slashed fees, and poor returns are hurting hedge funds' margins -and some are getting in the business of helping their rivals
Other examples of spun-off companies D.E. Shaw's Arcesium, a back-office technology firm, and Breva…
Bradley Saacks
Global stocks are rallying as traders see Fed comments as 'central banks to the rescue'
The stock-market rally is a "clear case of central banks to the rescue," said Jasper Lawler, head o…
Theron Mohamed
Global stocks plunge after China hints it could unleash a 'powerful' trade war weapon
The prospect of a fiercer trade war prompted investors to sell stocks and buy bonds, sending the yi…
Theron Mohamed
The brands upending retail, an exclusive invite, and hot cannabis startups
That presents a sizeable opportunity. As my colleague Lucia Moses reported this week, in the TV wor…
Matt Turner
The world's biggest shipping company warns Trump's China tariffs are hammering global trade
AP Moller-Maersk pegged growth in global container trade at 1.7% in the first quarter, a sharp slow…
Theron Mohamed
China just tested its 'nuclear option' in the trade war
China is the biggest foreign holder of US government debt, with more than $1.2 trillion in Treasury…
Theron Mohamed
Trump may reportedly blacklist Chinese surveillance giant Hikvision, showing the trade war is shifting from sweeping tariffs to direct attacks on companies
Trump sanctioned Huawei after the president accused China of sabotaging a prospective trade deal, h…
Theron Mohamed
Amazon's Deliveroo investment is a bad sign for Uber - shares of an Uber Eats rival are tanking
Amazon led a $575 million financing round into Deliveroo, potentially making the e-commerce giant o…