Wilbur Ross says Coronavirus could boost US jobs

Wilbur Ross says Coronavirus could boost US jobs thumbnail

Image copyright Getty Images US commerce secretary Wilbur Ross has said the deadly coronavirus outbreak in China could be positive for the American economy.During a TV interview Mr Ross said: “I think it will help to accelerate the return of jobs to North America”.The rapid spread of the disease has raised fears about its impact…

Vaping crackdown costs Juul investor more than $ 8bn

Vaping crackdown costs Juul investor more than $ 8bn thumbnail

Image copyright AFP A major investor in leading e-cigarette-maker Juul has seen its stake in the company drop by more than two-thirds.Tobacco giant Altria Group has blamed the $8.5bn (£6.5bn) fall in value on rising legal and regulatory threats. Having paid $12.8bn for a 35% stake in Juul in 2018, it revealed a huge write-down…