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The FDA chief vowed to take all necessary actions to stop these trends from continuing. Over time , it can increase the risk of heart disease and stroke, and young people who use e-cigarettes are significantly more likely to try cigarettes or to become smokers.
  • Dow Jones falls 600 points as tech stocks slip

    Dow Jones falls 600 points as tech stocks slip

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    Banks and consumer-focused companies and media and communications stocks also took heavy losses. The Dow Jones Industrial Average fell 602.12 points, or 2.32 percent, to 25,387.18, the S&P 500 lost 54.79 points, or 1.97 percent, to 2,726.22 and the Nasdaq Composite dropped 206.03 points, or 2.78 percent, to 7,200.87.
  • Oil prices collapse as OPEC sees production outpacing demand

    Oil prices collapse as OPEC sees production outpacing demand

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    USA light crude lost US$2.85 a barrel, or 4.7%, to hit US$57.09, the lowest level since December 2017. The producer cartel of the Organisation of the Petroleum Exporting Countries (OPEC), whose member states rely on high oil prices to finance government budgets, has been watching the jump in supply and price slump with concern.
  • Pilots unions criticise Boeing for withholding safety information

    Pilots unions criticise Boeing for withholding safety information

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    It was added to the MAX models partly because the aircraft has heavier engines than the previous 737 NG models and the airplane's center of gravity is biased more forward. While the problem is not entirely new, it is unclear how Boeing had tackled it, according to Giemulla. In addition, he said, the onboard checklist that pilots had been carrying gave what now appears to be incorrect instructions for pulling out of the emergency condition that apparently confronted the Lion Air pilots.
  • OPEC moves to combat plummeting oil prices

    OPEC moves to combat plummeting oil prices

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    Oil jumped as much as 1.8% on Monday after Saudi Arabia said OPEC and its allies should reverse about half the increase in output they made earlier this year as fears of shortages are supplanted by concerns about oversupply. U.S. crude oil stockpiles in the week ending November 2 increased by 5.8 million barrels, or about 3 percent above the five-year average for this time of year, according to the U.S.
  • Cabinet to consider Brexit deal in special meeting on Wednesday

    Cabinet to consider Brexit deal in special meeting on Wednesday

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    Analysts cautioned that May still had to win over many members of her party as well as the Northern Irish Democratic Unionist Party, which props up her minority government. But cabinet approval could pave the way for a historic EU-UK summit in Brussels at the end of November that would finalise the agreement's text. There has been no official confirmation from either Downing Street or Brussels.
  • Apple has a Plan B as iPhone demand peaks; Many suppliers don't

    Apple has a Plan B as iPhone demand peaks; Many suppliers don't

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    Following a poor forecast earlier this month, analysts and investors voiced concern over the state of Apple's business, contributing to growing worries that iPhone sales were stagnating and could hurt suppliers. 'With no new technology in sight next year for the supply chain, this is not ideal for the companies involved, ' said Nicole Tu, a Taipei-based analyst at Yuanta Investment Consulting.
  • Facebook is now down for many desktop users

    Facebook is now down for many desktop users

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    We've received multiple reports that Facebook's products aren't working properly. The site appears to be down for many users. In addition to the North American outages, there were also reports of Facebook outages in portions of South America.
  • Two pilots report UFO's in sky over Ireland

    Two pilots report UFO's in sky over Ireland

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    Another pilot said the speed was " astronomical, it was like Mach 2 ", which is twice the speed of sound, the report said. "Following reports from a small number of aircraft on Friday 9 November of unusual air activity , the IAA has filed a report", a spokesperson said.
  • Amazon to announce new headquarters in New York City, Virginia

    Amazon to announce new headquarters in New York City, Virginia

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    Amazon.com Inc has selected New York City and Northern Virginia as the company's second and third headquarters, the Wall Street Journal reported.An announcement could come as soon as Tuesday, the newspaper reported, citing unidentified people familiar with the plan.
  • Oil's Bear Market Pushes OPEC+ Closer to Cuts

    Oil's Bear Market Pushes OPEC+ Closer to Cuts

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    Through large production cuts starting at the beginning of 2017, they managed to push up oil prices from below Dollars 30 a barrel to over USD 85 a barrel in October, strongly improving their revenues. "We're kind of back to square one: It must feel like November 2016 to them, a lot", said John Kilduff, a partner at Again Capital Management in NY, referring to the time period when OPEC and its allies agreed to initiate production cuts.
  • Saudi Arabia to cut December oil exports by 500000 bpd

    Saudi Arabia to cut December oil exports by 500000 bpd

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    The country faces uncertain prospects in its attempts to persuade other producers to agree to a coordinated output cut. His comments appeared to be a response to U.S. Hook had also said the sanctions had already cost Iran billions of dollars in oil revenue since May, but Iranian vice-president Eshaq Jahangiri said Iran had sold as much oil as it needed to.
  • Fed leaves key United States interest rate unchanged, notes slowing investment

    Fed leaves key United States interest rate unchanged, notes slowing investment

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    It said the job market has continued to strengthen and noted that economic activity has been rising "at a strong rate". "Household spending has continued to grow strongly, while growth of business fixed investment has moderated from its rapid pace earlier in the year", the Federal Open Market Committee, the Fed's rate-setting panel, said in its latest policy statement .
  • Fortnite headlines Xbox One mouse and keyboard launch lineup

    Fortnite headlines Xbox One mouse and keyboard launch lineup

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    Mouse and keyboard support has been a long-time coming for Xbox One, delivering a formal alternative to the console's gamepad. A handful of games are expected to support mouse-and-keyboard play later in November, including Vermintide 2 , War Thunder , Strange Brigade , Bomber Crew , Deep Rock Galactic .
  • China's annual shopping frenzy shatters another record

    China's annual shopping frenzy shatters another record

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    Alibaba founder Jack Ma, who will step down as chairman in less than a year, attended the start of the gala in Shanghai and appeared in a video message in which he wrapped up live hair crabs, a popular online purchase. Alibaba kicked off this year's sales with a gala event that featured USA singer Mariah Carey, a Japanese Beyonce impersonator and a shoe-shopping-themed Cirque du Soleil performance.
  • Jo Johnson quits as minister over Brexit

    Jo Johnson quits as minister over Brexit

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    Tory officials have insisted the Prime minister needs to get tough with Brussels ahead of the next round meetings with the EU27, which is expected to be later this month. Any more resignations could cost the government valuable votes when any deal comes before parliament. Mr Johnson said his role as transport minister had caused him concern about the impact of a no-deal outcome.