U.S. bans sales of Juul e-cigarettes, company to seek stay on enforcement

U.S. bans sales of Juul e-cigarettes, company to seek stay on enforcement

June 23 (Reuters) – Sales of Juul e-cigarettes were blocked by the U.S. Food and Drug Administration on Thursday, in a major blow to the once high-flying firm whose products have been tied to a surge in teenage vaping. The agency said the applications “lacked sufficient evidence” to show that sale of the products would … Read more

Toyota recalls first mass-produced EVs less than 2 months after launch

Toyota recalls first mass-produced EVs less than 2 months after launch

2023 Toyota bZ4X all-electric SUV is displayed during the 2021 LA Auto Show in Los Angeles, California, U.S. November, 17, 2021. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register TOKYO, June 23 (Reuters) – Toyota Motor Corp (7203.T) said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) … Read more

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says market threatened by ‘Lehman Brothers’ moment Alarm stage decision does not change status quo: E.ON BERLIN, June 23 (Reuters) – Germany triggered the “alarm stage” of its emergency gas plan on Thursday … Read more

UK PM Johnson’s spokesman: Not aware of plans to force ARM into London IPO

UK PM Johnson’s spokesman: Not aware of plans to force ARM into London IPO

LONDON, June 22 (Reuters) – British Prime Minister Boris Johnson’s spokesman on Wednesday said he was not aware of any plans to try to compel chip designer ARMto list in London after the Financial Times reported that officials were considering such a move. Asked whether the government would use new national security powers to try … Read more

Crypto’s latest meltdown leaves punters bruised and bewildered

Crypto’s latest meltdown leaves punters bruised and bewildered

LONDON/MUMBAI/ANKARA, June 21 (Reuters) – For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings – and earn some spending money from its double-digit interest rates along the way. “I was probably earning $100 a week,” at sites like Celsius, said Fong, a 29-year civil aerospace worker who … Read more

U.S. FDA advisers overwhelmingly back Moderna COVID vaccine for ages 6-17

U.S. FDA advisers overwhelmingly back Moderna COVID vaccine for ages 6-17

A pharmacist holds a vial of the Moderna coronavirus disease (COVID-19) vaccine in West Haven, Connecticut, U.S., February 17, 2021. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com Register June 14 (Reuters) – Advisers to the U.S. Food and Drug Administration on Tuesday unanimously recommended that the agency authorize Moderna Inc’s (MRNA.O) COVID-19 … Read more

China bank protest stopped by health codes turning red, depositors say

China bank protest stopped by health codes turning red, depositors say

SHANGHAI, June 14 (Reuters) – A protest planned by hundreds of bank depositors in central China seeking access to their frozen funds has been thwarted because the authorities have turned their health code apps red, several depositors told Reuters. The depositors were planning to travel to the central province of Henan this week from across … Read more

EXCLUSIVE Disney/Pixar’s ‘Lightyear,’ with same-sex couple, will not play in 14 countries; China in question

EXCLUSIVE Disney/Pixar’s ‘Lightyear,’ with same-sex couple, will not play in 14 countries; China in question

LOS ANGELES, June 13 (Reuters) – Walt Disney Co (DIS.N) has been unable to obtain permission to show its new Pixar movie “Lightyear” in 14 Middle Eastern and Asian countries, a source said on Monday, and the animated film appeared unlikely to open in China, the world’s largest movie market. A “Lightyear” producer told Reuters … Read more

Dozens of companies, small business groups back U.S. bill to rein in Big Tech

Dozens of companies, small business groups back U.S. bill to rein in Big Tech

WASHINGTON, June 13 (Reuters) – Dozens of companies and business organizations are sending a letter to U.S. senators on Monday to urge them to support a bill aimed at reining in the biggest tech companies, such as Amazon.com (AMZN.O) and Alphabet’s (GOOGL.O) Google. Democratic U.S. Senator Amy Klobuchar and lawmakers from both parties said last … Read more

Major crypto lender Celsius freezes withdrawals as markets tumble

Major crypto lender Celsius freezes withdrawals as markets tumble

LONDON, June 13 (Reuters) – Major U.S. cryptocurrency lending company Celsius Network on Monday froze withdrawals because of “extreme market conditions,” in the latest sign of pressure on the sector from tumbling crypto markets. Celsius Network, a significant player in crypto lending, offers interest-bearing products to customers who deposit their cryptocurrencies with the company, and … Read more