The Federal Trade Commission is suing to unwind Altria’s $12.8 billion investment in Juul Labs, alleging that the two companies worked together to eliminate competition in the e-cigarette market. In its complaint, the FTC said that Juul’s e-cigarette products …
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WASHINGTON — When Georgia’s governor picked Kelly Loeffler, a little-known Atlanta businesswoman, to fill the state’s vacant Senate seat late last year, her vast personal wealth and ability to fund her own campaign were top selling points for Republicans.
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As more U.S. companies pivot to make things including sanitizers and masks to help combat the country’s escalating coronavirus crisis and relieve front-line medical supplies shortage, Walmart WMT and Home Depot this week announced employee …
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MGM Resorts International acting CEO and president William Hornbuckle took a $300,000 pay cut this week and agreed to take his new $1.1 million salary in stock, not cash. Two other MGM executives also took pay cuts and Hornbuckle and other insiders …
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Check out the companies making headlines after the bell. PVH — The apparel company, which owns the clothing brands Calvin Klein and Tommy Hilfiger, saw its stock rise 5% in extended trading after PVH beat analysts’ fourth-quarter earnings estimates.
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