Tuesday 13 November 2018

Juul Labs to pull sweet e-cig flavors to curb youth use

Juul Labs to pull sweet e-cig flavors to curb youth use

Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products.

CEO of Walmart's India venture resigns after sexual assault accusation: source

The chief executive of Flipkart Group, Walmart Inc's Indian e-commerce business, resigned following an internal probe into accusations of "serious personal misconduct," Walmart said Tuesday.

Amazon picks New York City, Washington D.C. area for $5 billion new headquarters

Amazon.com Inc picked America's financial and political capitals for its split new headquarters, saying on Tuesday it will build offices for more than 25,000 people each in New York City and close by Washington, D.C.

Home Depot signals U.S. housing demand slowing

Home Depot Inc , the biggest U.S. home improvement chain, suggested on Tuesday that the pace of U.S. home sales was slowing, and said impending trade tariffs could force it to raise prices on some products.

Oil slumps 7 percent to one-year low as rout extends to 12 days

Oil's slide accelerated on Tuesday, with U.S. futures suffering their steepest one-day loss in more than three years due to ongoing worries about weakening global demand and oversupply.

Wall Street gives up early gains as energy weighs on stocks

Wall Street struggled for momentum on Tuesday, giving up early gains as a rebound in technology stocks and renewed hope for progress in trade talks were offset by drops in Boeing and energy stocks.

Oil plummets on global demand concerns; U.S. stocks turn lower

Wall Street stock prices shed earlier gains on Tuesday while oil prices plunged on persistent concerns of weakening global demand.

Factbox: Amazon to get billions in breaks for HQ2 development

Amazon.com Inc said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in the Long Island City neighborhood of New York City's Queens borough and a Northern Virginia suburb of Washington, DC.

Boeing shares dip on Lion Air crash concerns

Shares of Boeing Co fell on Tuesday on concerns related to last month's deadly crash of a 737 MAX, the newest version of the planemaker's best-selling jet, operated by Indonesia's Lion Air.

Zotye, Ford's China partner, set to sell SUVs in U.S. in 2020

Zotye Automobile , a Ford Motor Co partner in China, said on Tuesday it planned to begin selling SUVs in the United States in 2020.

Related Videos

Breakingviews TV: Amazon HQ2+1

The tech giant has chosen not one new headquarters but two – New York and Arlington, Virginia. That brings more high-paying jobs to wealthy cities with tight labor markets. While Tennessee gets some goodies too, it's mostly a triumph for the coastal elites, Tom Buerkle explains.

Protectionist warnings sound as ASEAN leaders meet

Asian leaders gathered for a a summit on Tuesday amid warnings that the post-World War Two international order is in jeopardy and trade tensions between Washington and Beijing could trigger protectionist measures by other countries. David Pollard reports.
Reuters Newsletters IBM CA.jpg
Sponsored by IBM: This is the AI built for business.

Watson isn't just the promise of AI, it's the real deal deep learning business AI. That's why it's the best AI for the job. Let's put smart to work.

Learn more.
at