Altria invests $2.75 billion in rival startup NJOY after exiting Juul
CBSN
Days after exiting its stake in troubled electronic cigarette maker Juul, Altria announced a $2.75 billion investment in rival electronic cigarette startup NJOY.
The Marlboro maker gets full ownership of NJOY's e-vapor product portfolio, the Virginia company said Monday, including its pod-based e-vapor product ACE.
"We believe we can responsibly accelerate U.S. adult smoker and competitive adult vaper adoption of NJOY ACE in ways that NJOY could not as a standalone company," Altria CEO Billy Gifford said in a statement.
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After years of unsuccessful attempts to finance and build a public alarm network that would warn residents of Kerr County, Texas, about dangerous flooding, officials in the region, nicknamed "flash flood alley," were going to start developing a centralized flood monitoring system this summer to help leaders and emergency managers plan ahead.
Indeed and Glassdoor, the job search and employee review firms, are slashing a total of roughly 1,300 jobs as their parent company, Japan's Recruit Holdings, embraces artificial intelligence.
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An Immigration and Customs Enforcement official said that if Kilmar Abrego Garcia, the Salvadoran who was mistakenly deported to El Salvador in March, were to be released from pretrial detention, ICE officials have not determined where he would be sent.
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Washington — During President Trump's first term, an Ohio company was admonished by Republicans and Democrats in Congress after an audit claimed it made millions in excess profit from federal defense contracts.
In the aftermath of the catastrophic flash flooding in Central Texas, false claims have spread online blaming the disaster on a decades-old weather modification technique called cloud seeding.
A federal judge in New Hampshire said Thursday he will certify a class action lawsuit including all children who will be affected by President Trump's executive order ending birthright citizenship and issue a preliminary injunction blocking it.
Ford Motor is recalling 850,318 Ford and Lincoln models because the vehicles' low-pressure fuel pump may fail while in use, causing the engine to stall, according to a notice filed with the National Highway Traffic Safety Administration.
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French university courts American researchers seeking "scientific asylum" amid Trump's academic cuts
A university in France says nearly 300 American researchers have applied for a space in its "Safe Place for Science" program that was created to lure U.S. researchers seeking "scientific asylum" amid aggressive academic spending cuts and other actions against colleges by the Trump administration.