Business

Astrid Riecken | The Washington Post | Getty Images Scott Gottlieb, commissioner of the Food and Drug Administration (FDA). The U.S. Food and Drug Administration (FDA) plans to meet top-level executives of e-cigarette makers, the agency’s chief said on Thursday, hinting that some companies seem to be backing away from …

Michael Nagle | Bloomberg | Getty Images Matt Salzberg, co-founder and chief executive officer of Blue Apron Holdings Inc., smiles during the company’s initial public offering on the floor of the New York Stock Exchange, June 29, 2017. The meal-kit delivery company Blue Apron spiked as much as 24 percent …

Retail stocks rallied Wednesday after what appears to be the best holiday shopping season in six years. Wednesday’s pop notwithstanding, it’s been an otherwise bleak month for retail stocks as a whole. The XRT, which tracks a basket of key retailers, is down more than 12 percent this month and …

Disney produced four of the nine superhero films that hit theaters this year, hauling in more than $2.2 billion in domestic ticket sales, according to Comscore data. Continued interest from audiences bodes well for Disney, which is slated to release two more Marvel films in 2019. “Captain Marvel” arrives in …

Salwan Georges | The Washington Post | Getty Images Tesla’s Model 3 at the Tesla store in Washington, D.C. Demand for Tesla’s Model 3 mid-size electric sedan “looks looks very strong into 2019 and beyond,” said one analyst Wednesday. Wedbush Securities analyst Dan Ives said in a note that underlying …

There’s been little yuletide cheer for the retailers. The XRT retail ETF is down 17 percent this month, tracking for its worst December since its inception in 2006. One market watcher says indiscriminate selling may have unfairly taken retail down. “This is really more about the overall decline,” Erin Gibbs, …

Jonathan Ernst | Reuters President Donald Trump talks with auto industry leaders, including General Motors CEO Mary Barra (L) and United Auto Workers (UAW) President Dennis Williams (R) at the American Center for Mobility in Ypsilanti Township, Michigan, U.S. March 15, 2017. “The highly-cyclical global auto industry has been hit …

Chesnot | Getty Images Facebook vice president of global public policy Joel Kaplan and Facebook CEO Mark Zuckerberg leave the Elysee Presidential Palace after a meeting with French President Emmanuel Macron on May 23, 2018 in Paris, France. Facebook reportedly killed a feature meant to expose its users to different …

VCG | Getty Images A Tesla Model 3 car is on display during the Auto China 2018 at China International Exhibition Center on April 25, 2018 in Beijing, China.  Tesla has slashed prices on its Model 3 electric car in China. According to the California-based electric carmaker’s Chinese website, prices …

Patrick T. Fallon | Bloomberg | Getty Images Elon Musk, co-founder and chief executive officer of Tesla Inc. Tesla chief executive Elon Musk said the electric car company will reimburse customers if delays to car deliveries cause them to miss out on a significant tax credit. Under a major tax …