News Formal

US sues to force Altria to unwind investment in JUUL

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

The U.S. Federal Trade Commission said on Wednesday that it had filed a complaint aimed at forcing Altria Group to sell its US$12.8 billion ...

The U.S. Federal Trade Commission said on Wednesday that it had filed a complaint aimed at forcing Altria Group to sell its US$12.8 billion investment in e-cigarette maker JUUL.

FILE PHOTO: Federal Trade Commission seal is seen at a news conference to announce that Facebook Inc has agreed to a settlement of allegations it mishandled user privacy at FTC Headquarters in Washington, U.S., July 24, 2019. REUTERS/Yuri GripasWASHINGTON: The U.S. Federal Trade Commission said on Wednesday that it had filed a complaint aimed at forcing Altria Group to sell its US$12.8 billion investment in e-cigarette maker JUUL.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US pension funds may pour US$400 billion into stocks, lifting virus-hit markets -JP MorganU.S. pension funds that delayed rebalancing their portfolios are likely to pump about US$400 billion into stocks over the next two quarters, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »