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UPDATE 1-Kroger to stop sales of e-cigarettes at stores

Kroger Co said on Monday it would stop selling e-cigarettes at its stores and fuel centers, making it the latest U.S. supermarket chain to take the step amid growing regulatory scrutiny of the product. The company said it would discontinue sales after selling through its current inventory and cited “mounting questions and increasingly-complex regulatory environment associated with these products” for its decision. Kroger’s move comes a month after Walmart Inc said it would stop selling e-cigarettes and electronic nicotine delivery products at its U.S. stores. …read more […]

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Sprint Deal Watchers Should Look at Trump Tax Ruling for Clues

(Bloomberg) — A federal court’s decision Monday to force President Donald Trump to turn over his tax returns may have ramifications outside of politics, and turn out to be a signal on how a judge may rule in the multistate lawsuit seeking to block T-Mobile US Inc.’s purchase of Sprint Corp.Judge Victor Marrero’s ruling on Trump’s taxes suggests that when he presides over the telecom mega-merger, he may not defer to the Department of Justice and Federal Communication Commission’s support for the phone company combination, New Street analyst Blair Levin said in an email. Instead, he will rule on the …read more […]

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Wildfire victims in PG&E bankruptcy see $13.5 bln in claims

A lawyer for the committee representing wildfire victims in the bankruptcy of PG&E Corp said at a hearing on Monday that the committee sees $13.5 billion as the cost to the power provider for paying claims of the victims. Cecily Dumas of BakerHostetler was comparing that expectation with the maximum of $8.4 billion PG&E has proposed for paying victims of the wildfires in 2017 and 2018 in Northern California that forced it to file for Chapter 11 bankruptcy protection in January. …read more […]

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Top Trending: Manhattan DA to subpoena Trump’s tax returns, Nasa detects 16 asteroids heading for Earth

President Trumps lawyers say they will appeal a federal court ruling today which allows manhattan’s district attorney to subpoena the president’s tax returns. The Washington Redskins fired head coach Jay Gruden after a disappointing start to the season. NASA says a total of 16 asteroids are heading for Earth. the largest asteroid is reportedly as big as the Great Pyramid in Egypt. Yahoo Finance’s Adam Shapiro breaks down the biggest stories of the day on On the Move. …read more […]