Altria stock craters after $4.1 billion hit from Juul investment, blames growing legal risk

Altria stock cratered as much as 7% Thursday after the tobacco company posted a fourth-quarter loss and took a $4.1 billion hit on its investment in e-cigarette company Juul, which faces mounting litigation and scrutiny over a surge in teen vaping. The Richmond, Virginia-based Marlboro maker said the impairment charge was due to the increased number of legal cases against Juul and the expectation that litigation will grow. Since the end of October, there has been an 80% increase in the number of legal cases pending against Juul, Altria said. Its…

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Insider: Families weigh pros, cons of travel sports’ growing role

The youth sports world has changed dramatically since I grew up in the 1980s and ’90s. All the way through my senior year of high school, I played football, basketball and baseball. Once basketball season was over, you’d put your stuff away and — for the most part, with the exception of some summer leagues and camps and pick-up games — not worry about it again until the next season. If you’re from that generation, or before, you can probably relate. Which makes it so fascinating to me now to…

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wholesome growing older Has Little to Do with Age: have a look at

in terms of maintaining fitness in a single’s older years, age approach little and weight problems might not be so awful in spite of everything, in step with a US look at. elements consisting of loneliness, melancholy and having damaged a bone currently are more likely to expect a person’s threat of dying inside the subsequent five years, discovered researchers on the college of Chicago. “The healthiest human beings have been overweight and robust,” said the observe within the proceedings of the country wide Academies of science, which discovered that…

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Crisil Sees GDP Growing At 7.9% in 2016-17

Mumbai: The country’s GDP can grow by 7.9 per cent next fiscal if the monsoon is normal and government implements the reform measures announced so far, domestic rating agency Crisil said on Friday. The growth forecast, highest by any house and even above the government’s own estimate of 7-7.75 per cent, has been arrived assuming a faster growth in agriculture, Crisil Chief Economist Dharmakirti Joshi said in a concall today. The country has faced weather shocks for three consecutive years, including two years of deficient rains in 2014 and 2015,…

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