Tobacco giant Altria invested $12.8 billion in Juul, taking a 35 percent stake in the e-cigarette maker that valued it at $38 billion. The all-cash deal has drawn criticism for Juul, which has positioned itself […]
Already this holiday season, a record $110.6 billion has been spent online, an increase of nearly 18 percent from a year ago, according to a new report. The surge in internet spending comes as retailers […]
Nike reported quarterly earnings and revenue on Thursday that beat analysts’ expectations with the help of strong global sales and improvements to its digital business. Shares of the company rose 7 percent. Nike said revenue […]
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