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IMBBY News

Tobacco Stocks Drop on FDA's Plan to Ban Menthol Cigarettes

Shares of Altria, British American Tobacco and Imperial Brands fell after the FDA said it would move to ban menthol and other flavored cigarettes.

Tobacco Stocks Burned as Reports Suggest FDA Crackdown on Vape, Menthol Sales

U.S.-focused tobacco stocks tumbled Monday following a Wall Street Journal report that suggested the Food & Drug Administration is prepared to ban the sale of menthol cigarettes alongside a crackdown on teenage vaping.

European Benchmarks Slump After Earnings Calamity - FDA Socks London

Poor earnings and an FDA gut-punch to the tobacco industry sank markets

Banks, Commodities Drag European Benchmarks Lower

Bank and commodity stocks dragged European benchmarks lower Tuesday as mining stocks pared Monday's gains and the second-quarter earnings season got underway.

Breaking News

Elon Musk Throws Dogecoin a Lifeline

Elon Musk will soon allow Dogecoin to purchase SpaceX merchandise.

Disney Fans Angry, Excited About New Guardians of the Galaxy Ride

The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.