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SmallbusinessJuul'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  Â
Theron Mohamed  Â
Mary Meisenzahl  Â
Latest Stories
3 mins read
The Saudi oil crisis could send oil prices to $150 a barrel if the Iran-US conflict escalates - and worsen the global downturn
"Remember when Iran shot down a drone, saying knowingly that it was in their "airspace" when, in fa…
Yusuf Khan  Â
2 mins read
The London Stock Exchange rejected its Hong Kong rival's $37 billion takeover bid, saying the Refinitiv deal is 'on track'
HKEX now joins a long list of companies that have failed to merge with the LSE, after analysts earl…
Yusuf Khan  Â
3 mins read
Crypto whiz kid Justin Sun's $4.6 million lunch with Warren Buffett has sparked China conspiracies, public apologies, and an invite for Donald Trump. Here's a timeline of what's happened.
July 24, 2019: The New York Times reports one of Sun's companies, voice-streaming app Peiwo, was bl…
Theron Mohamed  Â
2 mins read
The European Central Bank cut rates to a surprise record low, and launched a sweeping round of stimulus
"Taken as a whole the ECB has delivered a package of measures which is more than most expected toda…
Yusuf Khan  Â
3 mins read
California just passed a bill turning 'gig economy' workers into employees. Here's what Uber and Lyft have said.
State senators passed Assembly Bill 5 in a 29 to 11 vote on Tuesday. The proposed law is expected t…
Theron Mohamed  Â
3 mins read
Hong Kong Stock Exchange just proposed a $37 billion deal to buy the London Stock Exchange
The LSE and the Hong Kong exchange are both in cities where political upheaval threatens their busi…
Yusuf Khan  Â
2 mins read
China just removed tariffs from some American exports - but ranchers are still going to feel the pain as farm produce still faces levies
"In terms of the trade war, it won't meaningfully alter negotiations as if you look at the last rou…
Yusuf Khan  Â
2 mins read
WeWork reportedly might slash its valuation below $20 billion, or even postpone its IPO
The shared office-space provider plans to embark on an investor roadshow this week to drum up inter…
Theron Mohamed  Â
2 mins read
Hong Kong's protesters are waving American flags and asking Donald Trump for help
The protests have led to widespread disruptions. Demonstrators set fire to a barricade outside a su…
Theron Mohamed  Â
3 mins read
Stocks are surging on UK Parliament's vote against a 'no-deal' Brexit and as Hong Kong looks set to drop its extradition bill
Meanwhile, Lam will announce the formal withdrawal of a bill that would have allowed Hong Kong to d…
Theron Mohamed  Â
2 mins read
Trump's newest China tariffs just kicked in - and JPMorgan says they could cost American shoppers an extra $1,000 a year
Together, the tariffs will "significantly" hurt the "wallet of the US/consumer voter ahead of the 2…
Theron Mohamed  Â
3 mins read
Argentina just brought in currency controls to contain the peso after it lost more than a quarter of its value in a month
The economy, however, remains in deep recession, running at 22% inflation in the first half of the …
Yusuf Khan  Â
3 mins read
China stocks soar on Beijing's vow to prop up economy as Trump's tariffs kick in, hitting billions' worth of goods
Risks to the economy are manageable and the state wants to keep "reasonably ample" liquidity as it …
Theron Mohamed  Â
2 mins read
China's renminbi is headed for its biggest ever monthly drop - and economists warn other currencies will suffer
"For the rest of emerging market, renminbi weakening carries contagion risk and adds to an already …
Yusuf Khan  Â
3 mins read
Stocks are soaring on fresh hopes of a 'tidal wave' of government stimulus and an end to the US-China trade war
China announced new loans will largely be benchmarked against rates that banks charge their best cu…
Theron Mohamed  Â
3 mins read
Cannabis could become a $60 billion industry in the US. That's more than double the market for vitamins and supplements.
On top of that, Pallotta said the CBD market will eventually be dominated by major consumer compani…
Jeremy Berke  Â
3 mins read
Stocks are plunging as traders brace for a German recession and global turmoil as US-China trade war continues
The latest moves in the trade war were more positive. Weeks after President Donald Trump announced …
Theron Mohamed  Â
5 mins read
Tech is now essential in the battle to recruit and keep wealth talent. Deutsche Bank and Morgan Stanley execs gave us their pitch.
Prospective advisers are "very interested in our product capabilities, our technology capabilities,…
Rebecca Ungarino  Â
2 mins read
The UK economy unexpectedly shrunk for the first time in 7 years - and the pound is getting clobbered
"Total business investment is down as the stockpiling 'bounce' from Q1 faded, having a more severe …
Yusuf Khan  Â
2 mins read
Deutsche Bank and Wall Street banks reportedly just gave Congress thousands of documents related to Russians with possible ties to Trump
Trump's lawsuit, according to The New York Times in April, claims the subpoenas "have no legitimate…
Yusuf Khan  Â
1 min read
Jeff Bezos' net worth plunged by $3.4 billion in Monday's stock rout - and the rest of the world's super rich lost $117 billion
The world's 500 wealthiest people lost a collective $117 billion as stocks plunged across the world…
Yusuf Khan  Â
3 mins read
We identified the 70 most powerful people at JPMorgan. Here's our exclusive org chart.
To name just a few: Jes Staley, now the CEO of Barclays; former JPMorgan investment banking co-head…