Philip Morris CEO Calls On The UK To Ban Cigarettes Within 10 Years
Company
Star Entertainment Withdraws $9 Billion Crown Resorts Merger
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Toyota Shuts Thailand Plants Owing To Parts Shortage
"Toyota blamed the shortage of parts on disruptions to the supply chain caused by the pandemic. -
Mercedes Outlines Shift To All-Electric By 2030
"However, Mercedes will only sell electric cars "where market conditions allow."
The Latest
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Johnson & Johnson To Permanently Pull Out Talc-Based Baby Powder Worldwide
Johnson's Baby Powder has served as a representation of the business's family-friendly image since 1894. 
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South Korea's President Pardons Samsung's Jay Y. Lee
Analysts believe the presidential clemency will allow Lee to do business more freely. 
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Messenger App May Soon Have End-To-End Encryption Features
The new security measures will be trialed on a small number of Instagram and Facebook accounts. 
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Disney Overtakes Netflix On Streaming Customers
Disney reported 221.1 million streaming customers, compared to Netflix's 220.7 million. 
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Coinbase Reports Dismal Second Quarter Loss
The crypto exchange has plunged by 65% so far this year. 
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Crypto Platform FTX Pay, Reddit Ink Agreement On Gas Fees
Community Points are blockchain-based Reddit assets that allow users to share prizes in the social site. 
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Elon Musk Sells Tesla Shares Valued At Almost $7 Billion
Musk scrapped his April 25 deal to buy Twitter for $44 billion at the star of July. 
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Tesla's Chinese-Made Vehicle Sales Declined In July Owing To Factory Upgrades
Tesla China sold 78,906 cars in June and exported 968. 
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Sonos Sued By Google For Its Voice Control Technology
The lawsuits are the most recent salvo in a lengthy legal conflict between the two businesses. 
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Carlyle Group CEO Kewsong Lee Quits Position Abruptly
The CEO replacement will be made with "urgency," the company said in a memo. 
