CNN to stop running Juul, other e-cigarette adsPosted: Updated:
Here’s the latest business headlines from Cheddar.
News network CNN will stop running ads for Juul and other e-cigarettes following a spate of mysterious illnesses and deaths linked to vaping. The issue was reportedly raised during an employee town hall meeting and was confirmed by a CNN spokesperson to the Daily Beast. CNN says it may revise its position "as new facts come to light."
Labor union UAW, which represents 46,000 GM factory workers, called for the union's first strike in more than a decade after talks with the automaker broke down. Issues include GM’s decision to close factories, pay and job security as the automaker seeks to cut costs. The UAW is reeling from an investigation into corruption by the union's top officials. Talks between the UAW and GM will resume on Monday as the strikes continue.
Disney CEO Bob Iger is stepping away from Apple's board of directors, according to an SEC filing on Friday. Disney is getting ready to launch its streaming service Disney Plus, which will go head-to-head with Apple TV Plus.