Disney's "Avengers: Endgame" is now the highest-grossing film of all time having earned $2.79 billion at the global box office.Entertainmentread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
e-cig [email protected] (Adds Juul's response)
July 12 (Reuters) - A U.S. federal judge on Friday ordered the Food and Drug Administration to impose a 10-month deadline for the submission of e-cigarette applications, turning the screws on companies like Juul Labs Inc whose products have come under intense scrutiny for their popularity among teenagers.
The FDA last month proposed the shorter timeline after the U.S. District Court for Maryland ruled in a lawsuit filed by anti-tobacco groups that the agency had exceeded its authority in allowing e-cigarettes to remain on the market until 2022 before companies applied for regulatory approval.
"I will impose a ten-month deadline for submissions and a one-year deadline for approval, as the FDA suggested," U.S. Judge Paul Grimm wrote in a court order on Friday.
Before last month, the agency had proposed makers of e-cigarettes have until August 2021 to submit a formal application to keep selling their products. But the public health and anti-tobacco groups that originated the suit countered that e-cigarette and cigar makers submit applications within 120 days.
"Today's ruling is an important step forward for public health and validates FDA's commitment to accelerate review of these products, particularly the ones that are most attractive to youth," acting FDA Commissioner Ned Sharpless said.
Juul said in a statement that it was closely assessing the court's ruling, while adding that it was fully committed to the FDA's application process.
(Reporting by Uday Sampath in Bengaluru and Chris Kirkham in San Francisco; Editing by Anil D'Silva)