Juul says it will voluntarily stop selling fruit, dessert flavored vapesPosted: Updated:
Here’s the latest business and technology headlines courtesy of Cheddar:
Embattled e-cigarette maker Juul says it will voluntarily stop selling fruit and dessert flavors as it tries to weather a growing public backlash. The company is currently facing lawsuits by adults and underage users that claim they were drawn to the Juul because of the flavors and became addicted to the nicotine. The Trump administration has proposed banning nearly all vaping flavors.
Goldman Sachs is going deeper into software. The bank is reportedly working to create automated solutions, including overhauling its stock trading technology to better serve quants. But this comes at the price of its employees – the bank set aside only 35% of its revenue for staff compensation and benefits, the lowest it's been in a decade.
Louis Vuitton might make a new range of bags in Texas, according to The Wall Street Journal. The gold and brown bags will be priced at $1,200 and up and will bear a tag that says "Made in the USA.”