Juul settles over 5000 vaping lawsuits, settlement not disclosed - Fox Business

JUUL on Tuesday announced it has settled over 5,000 lawsuits with roughly 10,000 individual plaintiffs against the e-cigarette maker.
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Over $400 billion has been erased from the value of Europe's tech industry this year - CNBC

The combined value of all public and private European tech firms has fallen from to $2.7 trillion from a peak of $3.1 trillion in late 2021, a new report says.
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iPhone chip-maker TSMC invests $40bn in Arizona plants - BBC

The Taiwan chipmaker triples its US investment amid a chip shortage and the US and China tech war.
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Offshore Wind California executive answers questions about wind farms off the California coast - KCRA Sacramento

On Tuesday, the Bureau of Ocean Energy Management held the first-ever leasing auction for wind farms off the California coast.
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Crypto will be regulated as securities — ICE boss and Senator Warren - Cointelegraph

Senator Warren’s crypto bill is still in its early stages, but aims to cover a host of issues including taxation, regulation, national security, climate and handing over crypto oversight to the Securities and Exchange Commission (SEC).
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Asia markets trade mixed amid recession fears; China to report trade data - CNBC

Asia-Pacific shares are poised to slip on Wednesday after major U.S. indexes fell more than 1% each overnight on concerns about a recession weigh on markets.
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In wake of baby formula crisis, highly critical report recommends major food safety changes at FDA - CNN

To help prevent outbreaks of food-related illness and problems like the formula shortage, the US Food and Drug Administration needs a clearer mission and a different kind of leadership, and it has to act with more urgency, according to a highly critical new r…
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Facebook, Instagram Face Ruling That Could End Targeted Ads - Gizmodo

EU privacy regulators declared that Meta can't force users to agree to data collection.
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Bankman-Fried, Ellison tap attorneys as FTX probes ramp up - Reuters

FTX founder and former chief executive Sam Bankman-Fried and Caroline Ellison, head of its now-defunct trading affiliate, have tapped defense attorneys as U.S. authorities probe the crypto exchange's collapse, according to a spokesperson for Bankman-Fried and…
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Apple Sued Over AirTags Being Used By Alleged Stalkers - Gizmodo

Two women filed a class action lawsuit against the company after their former partners used the devices to track down their location.
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U.S banks warn of recession as inflation hurts consumers; shares fall - Reuters

The biggest U.S. banks are bracing for a worsening economy next year as inflation threatens consumer demand, according to executives Tuesday.
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Jim Cramer says he expects 'many layoffs' at companies after Christmas - CNBC

Pepsi is one of the latest companies to downsize following layoffs at food and beverage peers Beyond Meat, Impossible Foods and rival Coca-Cola.
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BlackRock chief Larry Fink pressured to resign over ESG 'hypocrisy' - Financial Times

Activist fund Bluebell Capital Partners previously targeted Richemont, Danone and Solvay
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Apple announces sweeping changes to App Store pricing - Ars Technica

Changes may help devs handle inflation, exchange rates, and new content types.
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Apple to Charge Under $100000 for Apple Car, Launch Planned for 2026 - MacRumors

Apple is aiming to launch an Apple-branded consumer-oriented vehicle by 2026, and its goal is to hit a price point under $100,000 to make the car...
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KPMG staff cheated on professional tests, US regulator says - Financial Times

Fines from oversight board total $7.7mn in actions against accountant’s networks in the UK, Colombia and India
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The very last 747 jumbo jet is about to roll off Boeing's assembly line - CNN

After 53 years and more than 1,570 planes, the last Boeing 747 is set to roll off the assembly line in Washington state Tuesday, on its way to serve as a cargo plane.
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NRG Energy to Buy Vivint Smart Home for $2.8 Billion - The Wall Street Journal

NRG will look to cross-sell and bundle the two companies’ energy and home-security products
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