The federal government's partial ban on flavored vape products went into effect at 12:01 a.m. Thursday, capping a year of backlash, lobbying, and patchwork laws meant to respond to what public health officials consider to be an epidemic of teen vaping.
The efficacy of the ban, however, remains an open question. Juul, by far the leading brand of pod-based e-cigarettes, had already voluntarily removed its flavored products from the market, leaving just menthol and tobacco (the two flavors not affected by the FDA's ban). And, as reported recently by the New York Times, many teens have already moved on to disposable vapes, which are exempt from the federal ban in a major loophole.
Lauren Williams, a Kentucky high-school teacher, told the Times: "Students were telling me that everybody had gone to Puff Bars, which are disposable ... the one we confiscated here this week is Banana Ice. Students are not using Juuls anymore because no one wants menthol or tobacco."
In addition to tobacco and menthol flavors, the ban also has carve-outs for "mods," the more advanced e-cigarettes sold in vape shops. That exemption was intended to mollify the vape-shop industry, which said it faced extinction if those were to be regulated. It is also unclear how the FDA will enforce the ban given that vape products are typically sold in convenience stores, of which there are more than 150,000 in the country, according to the industry's trade group. Most of those stores are not part of larger national chains that could institute company-wide implementation efforts.
The FDA, for its part, says that it will closely monitor the marketplace and has an enforcement plan in place.
The partial federal ban follows several other state bans, including one in New York that was blocked by a state judge last month. And on the first day of the federal ban, the now-outlawed flavored pods were still available on some store shelves in Lower Manhattan ー priced at nearly double the cost of the tobacco flavors.
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
The Federal Aviation Administration says flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility. The FAA issued a temporary ground stop at one of the world’s busiest airports on Sunday morning soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed as the nation’s air traffic controllers work without pay during the federal government shutdown. The hold on planes taking off for LAX lasted an hour and 45 minutes and didn't appear to cause continued problems. The FAA said staffing shortages also delayed planes headed to Washington, Chicago and Newark, New Jersey on Sunday.
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that started almost three months ago. The strike by about 3,200 machinists at the plants in the Missouri cities of St. Louis and St. Charles, and in Mascoutah, Illinois, is smaller in scale than a walkout last year by 33,000 Boeing workers who assemble commercial jetliners. The president of the International Association of Machinists says Sunday's outcome shows Boeing hasn't adequately addressed wages and retirement benefits. Boeing says Sunday's vote was close with 51% of union members opposing the revised offer.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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Eric Trump joins us to discuss American Bitcoin’s mission, market strategy, and why he believes the U.S. must lead the next era of digital currency innovation.
