Big Tobacco Rethinks Its Smoking Addiction

[ad_1] Maybe an unpleasant shock is what’s needed to get serious about quitting cigarettes. British American Tobacco has been caught off guard by how fast U.S. smokers are abandoning tobacco…

Lucky Strike Maker to Take $31.5 Billion Charge on U.S. Brands

[ad_1] Updated Dec. 6, 2023 8:04 am ET British American Tobacco said it would take an impairment charge of $31.5 billion as sales of its cigarette brands fall in the…

P&G Bought Gillette 18 Years Ago. It’s Still Paying the Price.

[ad_1] Updated Dec. 5, 2023 4:45 pm ET Procter & Gamble said it was booking a $1.3 billion charge on its Gillette business, adjusting the value of a shaving giant…

23andMe Hack Is a Wake-Up Call for Your Password Habits

[ad_1] The recent breach of 23andMe user accounts shows a simple yet powerful truth about data security: Don’t reuse passwords, people. The DNA test-kit company on Monday reported a hacker…

European Developers Are Wooing Wine Lovers With Their Own Hassle-Free Vineyards

[ad_1] With careers in Northern California’s tech sector and a primary home on the eastern shore of San Francisco Bay, Clifton Lewis Lyles and his wife, Serene Lewis Lyles, have…

Pro Take: Nine West LBO Payouts Upheld, a Blow to Creditors

[ad_1] Dec. 5, 2023 9:00 am ET|WSJ Pro More than $1 billion doled out to shareholders in Sycamore Partners’ 2014 buyout of retailer Nine West and other apparel brands owned…

Rising Treasury Yields Pull Stocks Lower

[ad_1] Stocks, bonds and precious metals retreated Monday, reversing course after markets last week extended a monthlong stretch of gains.  Higher bond yields weighed on shares of large technology companies,…

Taylor Swift Sells Out Stadiums, Movie Theaters—and Clothes

[ad_1] In August, Nell Diamond, who runs the fashion and lifestyle brand Hill House Home, was in Montana on bridesmaid duty, getting ready for her best friend’s wedding reception. Peeking…

Nvidia’s Rivals Prepare Their AI Assault

[ad_1] Nvidia was never going to have the artificial intelligence market all to itself.  The past year has certainly made it seem that way, though. Nvidia’s sales have more than…

Is This the End of ‘Intel Inside’?

[ad_1] Newcomers pose numerous challenges to decades of ‘Wintel’ chip dominance. [ad_2] Source link