Pete Buttigieg sees surge in support from business execs after his strong showing in Iowa

Democratic presidential contender Pete Buttigieg is seeing increased support from business leaders as he jumps in the polls following a successful showing in the Iowa caucuses. Dozens of executives who have largely remained on the sidelines during the 2020 election cycle have shown increased interest in Buttigieg’s presidential campaign over the past week, according to people with direct knowledge of the matter who declined to be named because these conversations were deemed private. The increased interest in Buttigieg comes as he tries to position himself as the best option among…

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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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Madhya Pradesh claims major investment after CM’s Davos visit, BJP dubs it lip service

Madhya Pradesh Chief Minister Kamal Nath during the Davos World Economic Forum State Session on Wednesday.(ANI) The Congress government in Madhya Pradesh has claimed it is expecting an investment of more than Rs 4000 crore after chief minister Kamal Nath’s meeting with some of the corporate leaders from around the world during his ongoing visit to Davos. A government spokesperson said Kamal Nath met various leading industrialists, including the chairperson of MKS Company Marwan Shakarchi and president and chief executive officer of Novo Nordisk, Lars Fruergaard Jorgensen, and several others…

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After roads, tailwinds favour private sector investment in airports

Recently, Zurich Airports International AG won the bid to develop and operate the Jewar airport near Delhi for 40 years. The Swiss firm’s bid to share revenue of ₹400.97 per passenger with the Airports Authority of India (AAI) beat competition by a wide margin. But keen participation by leading business firms such as Adani Enterprises Ltd, Delhi International Airports (GMR Group) and international firm Anchorage Infrastructure Investments Ltd shows the rising private sector interest in airports. Naveen Kumar Saini/Mint This follows the recent deal by Tata group with Singapore’s sovereign wealth fund GIC…

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British vapers are safe, claim health experts after deaths in US

 A man exhales after vaping at the Vape Jam Convention in London in April 2018. Photograph: Amer Ghazzal/REX/Shutterstock Health experts have moved to reassure British vapers in the wake of a severe respiratory illness that has killed at least five people and hospitalised many more in the US. More than 450 possible cases – all linked to vaping – among otherwise “healthy young people” are being investigated, US officials said on Friday. They have reported that affected individuals have experienced respiratory symptoms including a cough, shortness of breath, and fatigue. Some…

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Days After Bulandshahr Violence, Yogi Adityanath Meets PM Modi In Delhi

Two, including a cop, were killed in Bulandshahr on Monday in a mob violence allegedly over cow slaughter New Delhi: Days after the Bulandshahr violence that led to the killing of two, including one policeman, Uttar Pradesh Chief Minister Yogi Adityanath met Prime Minister Narendra Modi at his official home in New Delhi on Thursday. Even though what transpired between them was not officially communicated, sources in the Bharatiya Janata Party (BJP) said the Chief Minister invited PM Modi for the “Ardh-Kumbh” to be held in Allahabad next month. Sources also…

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