E-cigarette use 'skyrocketing' among young Americans: report

The number of young Americans using e-cigarettes grew by 1.5 million in 2018, undermining years of progress in reducing youth smoking, health authorities said Monday. Some 3.6 million middle and high school students were current users of vaping products, up from 2.1 million the year before, according to the report by the Centers for Disease Control and Prevention (CDC). The CDC said the number of current cigarette smokers and consumers of other tobacco products in middle and high school remained roughly stable from 2017 to 2018.

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E-cigarette use 'skyrocketing' among young Americans: report

Oil prices stabilize after Fed hike as tighter market looms

By Henning Gloystein SINGAPORE (Reuters) – Oil prices stabilized on Thursday as a tighter market looms in 2017 due to planned output cuts led by OPEC and Russia, after sharp declines earlier following Wednesday's U.S. interest rate increase that drove investors out of commodities. International Brent crude oil futures were trading at $54.02 a barrel at 0428 GMT, up 12 cents from their last close. U.S. West Texas Intermediate (WTI) crude oil futures were at $51.02 per barrel, virtually flat with their last settlement.

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Oil prices stabilize after Fed hike as tighter market looms

Australia’s Crown Resorts leaves Las Vegas, sells down Macau

By Byron Kaye and Jonathan Barrett SYDNEY (Reuters) – Australia's No. 1 casino company Crown Resorts Ltd is planning a near-total exit from the world's two biggest gaming hubs, Las Vegas and Macau, as a gambling crackdown in China hits profits and throws its expansion plans into disarray. The retreat from overseas casinos shows the impact the Chinese government's anti-graft campaign is having on casino operators throughout Asia, especially the southern Chinese territory of Macau, the only place in China where casinos are legal. Majority owned by Australian billionaire James Packer, Crown has been hard hit by the decline in VIP gaming revenue at its Australian resorts and was rocked in October by the arrest of 18 of its staff for “gambling crimes” in China.

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Australia’s Crown Resorts leaves Las Vegas, sells down Macau

Targeting U.S. automaker signals possible China retaliation over Trump talk

By Arshad Mohammed, Matt Spetalnick and Benjamin Kang Lim WASHINGTON/BEIJING (Reuters) – China's plan to punish a U.S. automaker accused of price-fixing is a sign of how Beijing could retaliate if President-elect Donald Trump upends decades of relations between the two nations. Trump's assertion that the United States need not be bound by the policy that Taiwan is part of “one China” would erode a bedrock of U.S.-China ties that has underpinned the vast increase in trade and cooperation between what are now the world's two largest economies. Few expect the disagreement will lead to outright military confrontation, nor even the kind of economic war that many feared could be launched by Trump's threat during the U.S. presidential campaign to slap tariffs of up to 45 percent on Chinese imports.

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Targeting U.S. automaker signals possible China retaliation over Trump talk

Yahoo says one billion accounts exposed in newly discovered security breach

Yahoo Inc warned on Wednesday that it had uncovered yet another massive cyber attack, saying data from more than 1 billion user accounts was compromised in August 2013, making it the largest breach in history. The number of affected accounts was double the number implicated in a 2014 breach that the internet company disclosed in September and blamed on hackers working on behalf of a government. News of that attack, which affected at least 500 million accounts, prompted Verizon Communication Inc to say in October that it might withdraw from an agreement to buy Yahoo's core internet business for $4.83 billion.

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Yahoo says one billion accounts exposed in newly discovered security breach

Google buys digital marketing company FameBit

(Reuters) – Alphabet Inc's Google said it has bought FameBit, an online technology platform that connects brands with YouTube stars to create promotional content. In a blogpost on Tuesday, Google said the combination would help increase the number of branded content opportunities available, bringing more revenue to YouTube. (http://bit.ly/22KeLVl) Google did not disclose the financial terms of the deal. FameBit will remain a standalone operation for now, it said in a blog post. (http://bit.ly/2du8WJr) (Reporting by Rachit Vats in Bengaluru; Editing by Shounak Dasgupta)

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Google buys digital marketing company FameBit

U.S. banks want to cut branches, but customers keep coming

Despite banks' nudging toward online tools, many U.S. customers are not ready to give up regular visits to their nearest branch, complicating the industry's efforts to slim down. U.S. banks have trimmed the number of branches by 6 percent since it peaked in 2009, according to Federal Deposit Insurance Corp data. The number of FDIC-insured banks has fallen by more than 25 percent over that time even as industry assets have grown, indicating room for greater branch consolidation.

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U.S. banks want to cut branches, but customers keep coming

U.S. clearance for ChemChina deal sends Syngenta stock soaring

By Michael Shields and Greg Roumeliotis ZURICH (Reuters) – A U.S. national security panel has cleared ChemChina's $43 billion takeover of Swiss pesticides and seeds group Syngenta , the companies said, boosting chances that the largest foreign acquisition ever by a Chinese company will go through. Syngenta did not disclose whether it had made concessions to secure approval but indicated that any such steps would not have a significant impact on its business. Syngenta shares jumped 11.2 percent by 0900 GMT (0500 ET) to 423.4 Swiss francs ($439.7).

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U.S. clearance for ChemChina deal sends Syngenta stock soaring

Pfizer nears deal to acquire Medivation for close to $14 billion

Pfizer Inc is in advanced talks to acquire U.S. cancer drug company Medivation Inc for close to $14 billion, as it seeks to boost its oncology portfolio, people familiar with the matter said on Sunday. Pfizer has agreed to pay a little more than $80 per share for Medivation, one of the people said, a substantial premium to the $52.50 offer for Medivation that France's Sanofi SA made in April, which eventually resulted in the company putting itself up for sale. Medivation shares ended trading in New York on Friday at $67.16.

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Pfizer nears deal to acquire Medivation for close to $14 billion

Berkshire seeks to boost its Wells Fargo stake above 10 percent

Warren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to increase its ownership stake in Wells Fargo & Co , after reaching the 10 percent level that could prompt increased regulatory scrutiny. According to papers obtained by Reuters on Friday, Berkshire said it learned in mid-March that its Wells Fargo stake, including 2.01 million shares held by Buffett, had reached 10.01 percent because of buybacks by the San Francisco-based bank, which decreased the number of shares outstanding.

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Berkshire seeks to boost its Wells Fargo stake above 10 percent