From Breakingviews - Juul is worth at least one more puff
on Wednesday. There’s a big regulatory cloud hanging over the smokeless trailblazer, but there are reasons to spark up a deal.
Juul stands accused by the U.S. Food and Drug Administration of marketing its product to underage users, prompting the agency to seek removal of its products from shelves. Juul has appealed the decision, but it’s struggling in the meantime. Dollar sales have fallen by about 25% over the past year, according to Cowen analysts.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
WSJ News Exclusive | Juul in Deal Talks With Three Tobacco GiantsJuul is in talks with Philip Morris, Japan Tobacco and Altria about a possible sale or partnership, people familiar with the matter said
Consulte Mais informação »
Juul in deal talks with three tobacco giants - WSJE-cigarette maker Juul Labs Inc is in early talks with three tobacco giants for a potential sale, strategic investment, licensing or distribution deal, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Consulte Mais informação »
Breakingviews - Bank earnings become a post-Covid parlor gameAfter three years of upheaval, it’s natural to yearn for a bit of normal. According to America’s biggest banks, which have unrivalled insight into what makes households and companies tick, normal is a long way off: johnsfoley
Consulte Mais informação »
Breakingviews - California floods underscore rising climate costs: podcastCatastrophic storms have devastated the Golden State’s economy and left more than $1 bln in damages. In this Exchange podcast, climatologist Adam Smith explains how global warming has made weather events more expensive, and what governments can do to protect against them.
Consulte Mais informação »
Breakingviews - EU debt fears hinder U.S. green subsidies riposteThe European Union is under enormous pressure to push back against the U.S. Inflation Reduction Act and its vast array of clean technology subsidies. Politically, there’s strong desire to act. Unfortunately, green financing doesn’t grow on trees.
Consulte Mais informação »
Breakingviews - Amazon creates bazaar for U.S. banking wannabesAmazon.com has rounded up some unusual suspects. The e-commerce goliath recently added to its growing pile of debt with an $8 billion loan. The extra funding is curious, but not as much as the foreign banks providing it.
Consulte Mais informação »