SACRAMENTO, Calif. (AP) — California health officials Wednesday declared electronic cigarettes a health threat that should be strictly regulated like tobacco products, joining other states and health advocates across the U.S. in seeking tighter controls as "vaping" grows in popularity.
The chairman and CEO of Mattel resigned after the company disclosed that its profit fell 59 percent in the fourth quarter. Bryan Stockton will be replaced by longtime board member Christopher Sinclair as chairman and interim CEO.
Shares of Starbucks rallied Friday, a day after the coffee chain reported first-quarter earnings and named a new president. The one-day rise of 7 percent helped shares reach an all-time high close of $88.22.
EBay was among the biggest gainers in the Standard & Poor’s 500 index Thursday with a rise of 7 percent. Investors were responding favorably to news that the company is reorganizing itself to become more competitive.