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Disney+ available in U.S.

The streaming service went live in the U.S., Canada and Netherlands with some Android users having difficulty opening the app. Yahoo Finance’s Brian Sozzi, Alexis Christoforous, Dan Roberts and Wedbush Securities Dan Ives discuss on The First Trade. …read more […]

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Juul to cut $1 bln in costs as new CEO aims for reboot

Juul Labs Inc will cut nearly $1 billion in costs next year, a company official said on Tuesday, as its new chief executive officer tries to turn around the e-cigarette maker following a regulatory crackdown. K.C. Crosthwaite, a former executive at major shareholder Altria, is tasked with fixing the company’s battered public image and shrinking valuation as the regulatory moves on vaping threaten to upend the fast-growing industry. The official also said Juul would cut around 650 jobs, or 16% of its 4,051 strong workforce, starting Tuesday. …read more […]

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Trading Ideas

Juul to cut $1 bln in costs as new CEO aims for reboot

Juul Labs Inc will cut nearly $1 billion in costs next year, a company official said on Tuesday, as its new chief executive officer tries to turn around the e-cigarette maker following a regulatory crackdown. K.C. Crosthwaite, a former executive at major shareholder Altria, is tasked with fixing the company’s battered public image and shrinking valuation as the regulatory moves on vaping threaten to upend the fast-growing industry. The official also said Juul would cut around 650 jobs, or 16% of its 4,051 strong workforce, starting Tuesday. …read more […]