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Juul Labs to stop sales of mint-flavored nicotine pods in U.S
Juul Labs Inc said on Thursday it would immediately stop accepting orders for mint-flavored refills for its e-cigarettes in the United States.
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Breaking down what's driving the Dow higher this year
U.S. stocks are hitting new highs, but what’s driving the Dow higher? Recent data points to Apple as the largest contributor to the Dow’s climb, making up 22% percent of its total gains in the last year. Ben Phillips, EventShares CIO, joins Akiko Fujita on The Ticker to discuss. …read more […]
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Airbus reshuffles supply chain as former autos executive leaves group
Airbus is seeking a new permanent leader of a $50 billion supply chain as Klaus Richter, chief procurement officer, steps down from his post at the Franco-German-led company to “pursue other professional challenges,” industry sources said.
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Is Neptune Wellness Solutions Inc. (NEPT) A Good Stock To Buy?
Is Neptune Wellness Solutions Inc. (NASDAQ:NEPT) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […] …read more […]
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Exclusive: Sears says it has secured a $250 million lifeline, will close 96 stores
Sears told Reuters on Thursday it had won a $250 million lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses strain the beleaguered U.S. department store chain’s finances.
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Juncker says Trump won’t impose tariffs on European cars: Sueddeutsche
Outgoing European Commission President Jean-Claude Juncker does not believe U.S. President Donald Trump will impose tariffs on imported European cars next week, he told Germany’s Sueddeutsche Zeitung.
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Baidu surges after earnings are boosted by streaming service
Baidu shares surged after the Chinese internet company beat earnings for the 3rd quarter due to increased video streaming users. Yahoo Finance’s Akiko Fujita and Heidi break it down on The Ticker. …read more […]
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More Downside Ahead for Roku Stock, Says Wedbush
Ahead of Roku’s (ROKU) earnings report, questions were raised on whether the stock had rallied too far this year, and whether its meteoric rise was about to come to an end. It seems the market has answered that question today – Roku has taken a severe beating, dropping over-night by more than 10%.The drop follows yesterday’s third-quarter earnings announcement, and at first glance it might seem confusing, as Roku reported revenue that came in better than Wall Street initially predicted. But, leading up to the report, high expectations were in place for the streaming-device maker.Wedbush’s Michael Pachter believes Roku is …read more […]
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Exxon’s lawyer calls lawsuit a ‘cruel joke’ as climate change fraud trial ends
Lawyers for New York state and Exxon Mobil Corp delivered closing arguments in a closely watched trial accusing the oil company of hiding from investors the true cost of addressing climate change.
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UPDATE 1-Fagron to pay $22.5 mln to settle U.S. allegations over inflated drug prices
Pharmaceutical supplier Fagron Holding USA LLC will pay $22.5 million to resolve allegations that its subsidiaries inflated average wholesale prices for compound drug ingredients and submitted fraudulent claims to federal healthcare programs, the U.S. Department of Justice said on Thursday. The settlement will resolve legal actions filed against Fagron units Freedom Pharmaceuticals, B&B pharmaceuticals and Pharmacy Services Inc, the department said in a statement. Fagron Holding is owned by Belgium’s Fagron NV. …read more […]
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7 Stocks the Vanguard Health Care Fund Keeps Buying
Anthem tops the list Continue reading… …read more […]
Business News
China, U.S. agree to roll back tariffs as part of trade deal: officials
China and the United States have agreed to roll back tariffs on each others’ goods as part of the first phase of a trade deal, officials from both sides said on Thursday, offering a new sign of progress despite ongoing divisions about the months-long dispute.
Business News
Exclusive: Trump administration moves closer to easing gun exports
The Trump administration has passed a key milestone in a long-delayed rule change that would make it easier to sell U.S. firearms outside the United States, including assault rifles and ammunition, people briefed on the matter told Reuters.
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Facebook says doctored UK election clip wouldn't break its ad rules
Facebook said on Thursday that a doctored video shared by Britain’s governing Conservatives would not have broken its rules on political advertising if it had run as a paid-for ad, and suggested the video had enriched public debate. As Britain heads towards a Dec. 12 election that could shape the fate of Brexit, some politicians have expressed concerns that misleading information – known as “fake news” – could spread swiftly across social media. British Prime Minister Boris Johnson’s party chairman was forced to defend the distribution of a doctored video clip of a rival Labour Party politician on …read more […]
Business News
Roku tumbles 11% as Wall St. gives thumbs down to latest report
Roku Inc’s stock tumbled 11% on Thursday after the video streaming company gave a quarterly report that Wall Street deemed not good enough to justify its sky-high valuation.