The daily business briefing: November 8, 2019

Juul Labs says it will stop selling mint-flavored e-cigarettes, Gap shares sink as its CEO moves on, and more 

A Juul vaping ad.
(Image credit: Getty Images)

1. Juul to stop selling mint-flavored e-cigarettes

Juul Labs said Thursday it would stop selling mint-flavored e-cigarettes as it faces a mounting backlash against vaping, particularly among young people. Juul took the step voluntarily shortly after new government research showed Juul was the leading vaping brand among high school teens, many of whom prefer mint flavored e-cigarettes. "These results are unacceptable," Juul CEO K.C. Crosthwaite said. Crosthwaite added that the company was working to "earn the trust of society" after the eruption of what public health officials have called a teen vaping epidemic. Dropping mint-flavored e-cigarettes was the latest in a series of concessions Juul has made, after halting the sale of fruit and dessert flavors, first in stores and recently online. It also has replaced its CEO and vowed to stop advertising.

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