e-cigarette company juul agrees to set a class-action lawsuit. the massive fine over its marketing practices. >>> good morning, and good to be with you. i'm anne-marie green. we begin with dangerous conditions out west as millions of people in california face a record heat wave that is pushing the power grid to the breaking point and fueling deadly wildfires. temperatures topped 100 degrees for a seventh straight day yesterday. california managed to avoid rolling blackouts as the electrical grid hit record high demand. but with highs forecast for well over 100 again today in some places, the state's power supply will be pushed to the brink. the brutal heat is also complicating the situation for fire crews as they battle multiple wildfires across the state that have killed at least four people. astrid martinez is here in new york with the details on all of this. good morning. >> reporter: good morning. residents are trying to stay cool amid one of the worst heat waves in recent history. firefighters battling more than a dozen wildfires up and down

e-cigarette company juul agrees to set a class-action lawsuit.us conditions out west as millions of people in california face a record heat wave that is pushing

juul will not use cartoons or social media influencers in its marketing and the display of juul products in stores will be restricted. britain's new prime minister liz truss was formally appointed by queen elizabeth today. she met with the queen at her estate in scotland. she takes over for boris johnson, forced out by scandals. president biden congratulated her on her appointment pledging to work on shared challenges. ahead, historic, is she running for president again and what does she think about the mar-a-lago search? symptom improvement, and helps prevent flare-ups. breztri won't replace a rescue inhaler for sudden breathing problems. it is not for asthma. tell your doctor if you have a heart condition... ...or high blood pressure before taking it. don't take breztri more than prescribed. breztri may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling,... ...problems urinating, vision changes, or eye pain occur. if you have copd, ask your doctor about breztri. [sfx: stomach gurgling] it's nothing...

. >> o'donnell: big news tonight from juul. the e-cigarette maker agrees to pay nearly $440 million over marketing to teens. our exclusive interview with hillary clinton. what she says about her future. would you ever run for president again? and, american triumph at the u.s. open. this is the "cbs evening news" with norah o'donnell, reporting from the nation's capital. >> o'donnell: good evening to our viewers in the west and thank you for joining us on this busy tuesday night. tonight, extreme weather from coast to coast. torrential rains and flooding here in the northeast, to record heat and deadly wildfires in the west. more than 58 million people are under excessive heat warnings and advisories in seven states. multiple wildfires are burning across california, as firefighters battle the flames along with brutal heat. temperatures have topped the century mark for the seventh straight day, with the state capitol of sacramentoexpes this afternoon. in the northeast, it's rain and flood waters causing the biggest problems. two

juul agreeing to settle a two-year investigation. the multiple other lawsuits the the multiple other lawsuits the company is still facing. want more from your vitamins? get more with nature's bounty. from the first-ever triple action sleep supplement. to daily digestive support. to more wellness solutions every day. get more with nature's bounty. - you okay? - there's a flex alert today to more wellness solutions every day. so i'm mentally preparing for the power outage. oh, well we can help stop one because we are going to reduce our energy use from 4-9pm. what now? i stepped on a plug. oh that's my bad! unplugging. when it comes to preventing outages the power is ours. living with metastatic breast cancer means being relentless. because every day matters. and having more of them is possible with verzenio. the only one of its kind proven to help you live significantly longer when taken with fulvestrant, regardless of menopause status. verzenio + fulvestrant is for hr+, her2- metastatic breast cancer that has progressed after hormone

juul labs agrees to a $438 million settlement in the us after the electronic cigerette maker is blamedor a surge in youth vaping. and baking a fresh business! we hearfrom the man that beat the pandemic blues by turning his living room into a thriving bakery. time now to get down to business. let's start here in the uk where prime minister liz truss has been announcing her new cabinet. she has been busy into the late hours. she's decided to give kwasi kwarteng the second—most powerful role in downing street after appointing him as new chancellor of the exchequer. mr kwarteng has a tough job on his hands and takes over at a critical time for the uk economy with millions looking to him for help with soaring winter energy bills. so, what about the man himself? he attended the exclusive private school eton college and went on to graduate with a double first from cambridge university in classics and history. kwarteng then went on to work as a columnist for the daily telegraph and a financial analyst at banks, includingjp morgan. more recently, he was appointed as business secretary in 2021,

how much of juul's legal troubles go away? erik: it is significant that states have settled, there were still over 2500 civil lawsuits filed by individuals, dozens of cases in school district. in november, the san francisco school district is the first of these cases to go to trial which could show the potential for how a jury would react to evidence. that is another one we could see a settlement before it hits trial. there are over 2500 suits out there, plus new york and california, which normally have the potential for big settlements or damages, they have lawsuits still pending. emily: juul agreed to stop a number of marketing practices. what are they, how big of a change will that be from the company we knew before? erik: they said in a statement they have agreed to do things they are already not doing. they voluntarily changed practices a while ago. the writing is on the board about how the handle is coming down on marketing practices, it's no longer going to market to youth, not going to boast social media marketing, not

first up, the e-cigarette company juul has agreed to pay a settlement of nearly half a billion dollarsir product to teenagers. and, obviously, this is really bad for the company. yeah. $500 million. the whole business has gone up in strawberry-flavored smoke. laugh this is great news for teenagers, because now they have half a billion dollars which they can spend on more juuls. yeah! meanwhile, in education news, new york city has announced that students will no longer get snow days and will instead attend classes on zoom. yes, this is a thing. no snow days, only zoom. oyeah. i mean, luckily, this isn't too big of a deal. i know it's sad, but you realize, thanks to climate change new york is getting snow for what, two years max now. by 2026, this is basically going to be florida with better bagels. but i do feel bad for these kids missing out on such a big part of childhood. like, when i was growing up, there was nothing i loved more than waking up and checking the tv for school closings, you know, and i one like-- and then i'd remember that i grew up in africa, you idiots "! it doesn'

>> a rubber duck a flashlight a refreshing mint juul [ laughter ] did you say, "refreshing mint juul"en >> jimmy: yeah, no, you see what i'm saying? [ laughter and applause that's not one of the -- [ applause ] well, some news from overseas -- according to a new report, russia is now buying military supplies from north korea. yeah, russia is asking north korea for help tell us you're losing the war without telling us you're losing the war [ laughter ] well, i saw that another cryptocurrency crash could be coming, and a lot of people are pretty worried well luckily, there's a new product to help with that. take a look at this commercial >> are you suffering from heart burn, nausea, and an upset stomach, all because you lost your life savings on crypto? introducing crypto-bismol. [ laughter ] >> i was hit hard by the recent crypto crash i did everything you were supposed to do i hired a great business manager, he's 15-years-old, and huge on fortnite [ light laughter ] that's why i'm glad i take crypto-bismol. >> i poured all my money into something called "dank coin. what is dank coin?

also, juul reaching that settlement emily: thank you. juul agreeing to pay $439 million. stay state is claiming that it marketed addictive and negative -- nicotine products to its leaders. tell us how significant this settlement is today. >> very significant. suddenly the largest impact building any the state. company had settled a few lawsuits and had this huge investigation over the meantime. they decided to done with this risk. there are a lot of lawsuits pending this does away with a lot of the lawsuits that could have been filed by these 33 states and recoup emily: -- and puerto rico. emily: how much of their legal troubles go away as a result of this? >> is significantly states have settled. still over 2000 lawsuit and personal lawsuits that have been filed by individuals also, dozens of cases by state governments and school districts. in november, it will show how the jury may react the evidence. see a settlement for its file but there are several states out there york and kelly which have the potential for big settlement, they have lawsuits and being. -- lawsuits

and the massive juul sentiment.greeing to pay hundreds of millions of dollars to agree it marketed to children. with apple expert to to announce their new products, we will tell you how to give your current smartphone a refresh. it might not cost you anything. in our exclusive interview with ozzy osbourne and sharon osborne and what is next for them as they move back to england. plus, jennifer lewis is here live talking about her new book. flex alert! flex alert! a power outage is looming. that's just alert, he's always getting worked up about something. flex alerts notify us of preventable power outages. that way we always know when to help stop one. okay, flex, just drop some knowledge on me again. oh okay, i will. i'll turn our thermostat to 78. i'll unplug the blender. the hair dryer. - my blankie? - yep! - let's taco 'bout it! - nope. ohh, we can save the laundry 'til the morning. yes please. oh, little things like this help save our power and help save us from outages. with flex alerts, the power is ours. lear

>> okay, thanks very much. >>> we turn to e-cigarette industry leader juul. company agreed to pay hundreds of millions of dollars to settle claims that they marketed vaping products to children. chief business correspondent rebecca jarvis has the details. good morning, rebecca. >> good morning, george. juul has agreed to pay $438.5 million to 34 states and territories over its marketing practices while not admitting guilt. juul says it is all in the past and the company now has a new honorable mission. the two-year investigation finding juul intentionally tried to appeal to children with ads like these featuring young, trendy models. other marketing tactics including hosting launch parties for new products, offering free samples, advertising on social media and selling products in flavors attractive to children, and it worked apparently. in 2019 the same year juul says it, quote, reset the company, more than 5 million young people said they tried vaping within the past 30 days. just the year before, that number was 3.6 million. juul commenting in a statement,

. > >> popular e-cigs maker, juul, will pay 400 million to dozens f states in a statement that followsles p. the federal investigation found juul to literally marketed its products to minors. > >> the tech world is buzzing over what apple might deliver al keynote event tomorrow. the company is expected to unveil hs iphone 14. this hint featured at sky, leading to speculation thae could be upgrades to photography. 14 is expected to be a bit eager, but slightly slr eager, but slightly slimmer, anf course, more expensive. the comy more expensive. the company may also talk about new apple watch. new apple watch models. >> you always come out with a new phone when i get a new phone. >> they want you to buy a new o. > >> nasa's telescope sending that that were incredible images. out look at the nebula. > >> coming up on the cbs evening news, our exclusive interview wh hillary clinton >> wow! check this out. we are getting beautiful new images frm nasa's jay. this is known as the tarantula nebula. it is part f the large cloud galaxy which isy galaxy which is only 161,000 lis from earth. only.

. >>> and e-cigarette maker juul will pay out more than $438 million to settle an investigation intong. 34 states accuse of company of targeting teens with its vaping products. juul called it a way to settle issues from of the past. >>> peter straub has died best known for "ghost story" and "the talisman" which he wrote with stephen king. he once said scary stories can teach us about live. he was 79. >>> the world's second tallest roller coaster is closing permanently. the top thrill dragster rises 420 feet over ohio. it hasn't been used since last summer when a metal object flew off of it hitting a woman in the head. >>> and coming up, the video as a man escapes from a building collapse. >>> also ahead, the cruise ship passenger killed by a shark. what we are learning about the location where she was sn new astepro allergy. no allergy spray is faster. with the speed of astepro, almost nothing can slow you down. because astepro starts working in 30 minutes, while other allergy sprays take hours. and astepro is the first and only 24-hour steroid free allergy spray. now without a presc

juul must refrain from all youth marketing, paid product was meant, and advertising on public transports explained strategic options including a sale in the city's most expensive hotel. the index told the property that -- $600 million in the transaction. it structures as a sale. could be the largest luxury hotel sale since the pandemic. -- wealth is closing in on the rings of jeff bezos and elon musk. the bloomberg billionaires index shows his net worth increasing by $65 billion to more than $141 billion, making him the third richest person on the planet. that is it for "daybreak australia." "a bric asia," next -- "daybreak asia," next. this is bloomberg. ♪ hi, my name's steve. i lost 138 pounds on golo and i kept it off. so with other diets, you just feel like you're muscling your way through it. the reason why i like golo is plain and simple, it was easy. i didn't have to grit my teeth and do a diet. golo's a lifestyle change and you make the change and it stays off. golo's changed my life in so many ways. i sleep better, i eat better. took my shirt off for the first time in 25 years.

juul still faces 9 lawsuits in other states and hundreds of individual suits.ain, conservative liz truss became prime minister today, as the country faces soaring inflation and labor unrest. she first met with queen elizabeth to accept the post, and spoke later outside her office. p.m. truss: we shouldn't be daunted by the challenges we face as strong as the storm may be. i am confident that together we can ride out the storm, we can rebuild our economy. and we can become the modern brilliant britain that i know, we can be. vanessa truss has promised : action to lower energy bills. among other things. she's due to lay out her plan on thursday. south korea's most powerful typhoon in years left the country's southern regions reeling today. the storm struck with winds of 100 miles an hour and 3 feet of rain, killing at least six people. streets were flooded and buildings were badly damaged. rescue crews drove through the waters, pulling people to safety, and thousands lost power. back in this country, authorities in california warned of potential blackouts as a he

. >> carley juul is set to pay. faces additional lawsuits by states and individuals for allegedly marketing flavored vape devices to teenagers. earliy they're summer the fda took juul products off the shelves. a stay has been placed on that decision. senator joe manchin latest to slam president biden's student loan bailout be cost taxpayers a trillion bucks. manchin said i just thought it was accepted there is a better way to do it. you have to earn it. those come just week after manchin's support helped pass a so-called inflation reduction act which -- $739. those are your headlines. brian back out to you. >> brian: go get them, carley, be with you in a second. coming up on this show, new film inspired by incredible true story celebrates the gift of life. actor, executive producer kirk cammeron joins us live to share a sneak peek. elps me feel like i've got it all under control. because i do. oh she is good. voya. well planned. well invested. well protected. this is john. he hasn't worked this hard to only get this

resolving accusations its marketing was targeting young people juul still fatesces nine suits o other >>> president biden will be heading to detroit tomorrow to highlight what the white house calls an electric vehicle manufacturing boom in the united states he began a meeting with his cabinet, he plans to speak with liz truss, britain's new prime minister later today. >>> beachgoers enjoying labor day on the jersey shore gathered for an unusual site. a man who bought a sailboat three weeks ago said he put it on auto pilot as he went below deck to use the toilet the auto pilot shut off beaching the boat around 4:00 a.m. monday morning. right on the sand there. it was towed away hours later. one curious onlooker told a reporter that she likes to watch people but watching a beached boat is even better. back to you. >> a mistake he probably won't make twice. >> end of the summer anyway, right? >> end of the summer story thank you very much. appreciate it. >>> ahead on "power lunch," power player, tilman fertitta with inflation, we'll look at how his businesses are dealing with it and ask

juul agrees to pay nearly a half billion dollars to settle a two year investigation by 34 states andtories into its marketing practices. state officials accused the company of relentlessly marketing vaping products to teens. officials say the deal is a significant part of the ongoing commitment to resolve issues from the past. >>> ukraine is open for business. that is the message from ukrainian president volodymyr zelenskyy, and he virtually rang the bell of the new york stocking stock exchange. he called on private companies to invest cash in ukraine's future. >> ukraine is starting a victory and a chance for you to invest in projects, with hundreds of billions of dollars to share the victory with us. >>> this movie reaches new heights, more than three months after taking off in theaters. the sequel landed back at the top of the box office over the labor day weekend. we can sales brought its box office total to more than 700 million in the u.s. and canada according to box office mojo. that makes the fifth highest grossing domestic movie of all time. that is some serious mojo. >>> th

. >>> a massive cement juul agreed to may nearly $440 million to resolve an investigation into allegations the e-cigarette maker marketed products to children they did not acknowledge any wrongdoing with the settlement. >>> also we are glad to report one of our colleagues from the nbc affiliate in tulsa says she is doing well after suffering stroke-like symptoms on live tv tom costello now on the warning signs her co-workers spotted right away >> to tulsa our -- the tulsa air response space museum is hosting a launch today. >> reporter: the first signs of trouble came during kjrh tulsa's saturday morning newscast. >> at the -- at the event. the event features live -- >> reporter: anchor julie chin suddenly struggled to read the words on the teleprompter. >> sorry something is going on with me this morning i apoll swriez to everybody. >> reporter: staffers called 911 on facebook sunday chin wrote i'm so glad to tell you i am okay. doctors believe i had the beginnings a stroke live on the air. chin says she started to lose vision in one eye, then her hand and arm went numb and she couldn't s

. >>> in the meantime e-cigarette maker juul is suing for the support of the ban on the products from.s. market. juul wants to see scientific justification for that ban, but i think a lot of what happened at the time was the marketing around it. they were marketing these flavors to children behaving badly, and part of that ban, a huge part of it, the reason it started, is kids were picking up vaping or juul at such high levels. >> do you guys see it around >> who >> do you see smoke rising from people that you don't even know where it's coming from >> i think they're smoking pot. >> that's a lie. oh, you can smell that it smell like it might be really good i don't know a lot about it. but it smells like it might be really powerful stuff. no, the juul, all of a sudden i'll look at someone and it's like they're a drag snoon is that different than vaping >> i don't know. >> i'm showing my own ignorance, because i don't know. >> boomer. boomer wannabe when i see it, i'm wondering don't start. don't start. >>> a big nate here at cnbc. it's the season premiere of "jay leno's garage" with a

. >> attorney generals of attorneys general of 33 states sued juul over how a promoted its high nicotine product giveaways and used youthful models in its social media posts. teens use of e-cigarettes skyrocketed after jewels launch in 2015, the company started pulling back teen promotions in 2019 and focused on adults promoting its product as an alternative to cigarette smoking. >> in national news, who will be the special master. a federal judge granted former president trump's request to appoint a special master, the independent master will review the documents seized during the fbi search of mar-a-lago. the justice department had previously opposed the move and can still appeal the ruling. evan lambert explains what exactly a special master would do. >> special master is really just kind of a fancy name for a judge's helper. david cohen, who is in ohio based attorney and has served as a special master in both civil and criminal cases for 20 years tells news nation special masters should be consistent. open-minded and honest. but using one in the highest profile case involving a speci

well, e-cigarette maker juul has agreed to pay nearly 440 million dollars to settle a two-year investigation by 33 states will states plane the company's marketing of high nicotine vaping products sparked a national surge in teen vaping. california is not included in the settlement. jewell says it's committed to resolving issues from the past. for your money this morning, a warning about a scam involving payments apps like venmo and zelle. the la times reports scammers are using stolen credit card numbers. send money to people. then they're pretending that it was an accident and they're asking them to send the money back. when you do send the money back, scammer delete stolen credit card from their count and replaces it with a new card. somehow takes your money. if a stranger send you money. security experts say the save things to do is to just let it sit in your digital count and give your bank a call immediately. coming up next to the kron 4 morning news. a new museum in new york is honoring the legacy of jackie robinson. >> in new york, how people are reacting to this exhibit will be righ

under the deal, juul must restrain from all paid product placement and advertising on public transportegic options. the most expensive hotels. it could fetch $600 million in the transaction. it could be the largest luxury hotel sale in new york city since the pandemic. closing in on the levels of jeff bezos and elon musk. the bloomberg billionaires index shows -- increasing by $65 billion to more than 141 billion dollars, making him the third richest percent on the planet. it is attracting fresh scrutiny to the valuations and leverage. paul: here's some of the stocks we are going to be watching when trade opens in australia, japan, and korea at the top of the hour. energy related shares might move with oil dropping on an additional covid lockdowns in china and coming up in the next hour, we are going to be talking to j.p. morgan's choice chang. she will be joining us exclusively from the forum. we have that interview just a few minutes away now. challenging macro environment for crypto over the coming months. we will figure out why a little later on. up next, market opens in sydney, to

juul labs agrees to a $438 million settlement in the us after the electronic cigerette maker is blamedving room into a thriving bakery.

core prices, inflation string out food and energy costs jumping by 0.6% versus juul and excel rated on an annual basis for the first time since march. >> that stronger-than-expected report is driving some to think it could drive it 100 basis points saying markets underappreciate the, quote, magnitude of the response in order to get inflation under control. traders now forecasting a 30% chance of a full percentage point hike according to thecme trademark toolt. >> we think about it and talk about it and say 75 is sort of a given. think about that a 75-point basis hike people are taking for granted this is incredible a few months ago it would have been completely off the radar screen now it's almost commonplace. it's this notion the fed doesn't know what it needs to do i think that's what spooks the market it's more about what do we expect six months out, nine months out, a year out this is at 4:30, which is what the market is today. sit something like 5%? we're just not all that sure more importantly, the fed doesn't seem all that sure i think that's what's scaring people. >> amid the s

they announced a boy in investment in -- 8 billion investment in juul.tice hour we got that headline that intel has filed for an ipo. we know intel had planned the spinoff and that would be a lower valuation of $30 billion. very interesting considering the market and a lack of companies going public. they list on the nasdaq under mbly. we will have an interview with general motors president about the company's new silverado ev vehicle. this is bloomberg. ♪ hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way

the e-cigarette maker juul filed a lawsuit against the fda. on what grounds are they suing?fda refused to head of a document supporting its order to take they are e-cigarette's off the shelves in the us market, the suit claims essentially the fda is violating the freedom of information act. back in june, the government agency ordered them to take its e-cigarette off the shelves as part of the push to to nicotine and cigarettes, and the public health agency was under political pressure to ban the e-cigarette and is now refusing to disclose the scientific facts behind that decision. j juulsays it needs those documents as part of its appeal against the decision. stuart: the fda mentioned they mishandled the baby formula crisis. who are they blaming? ashley: a breakdown in the system from the fda's point of view and abbott nutrition, the baby former company at the heart of this massive recall after several babies died and they suspected bacterial contamination, recall lead to a chronic shortage of baby formula and the fda is admitting it was only equipped to handle crisis. lacki

gathering under a bridge after crossing illegally, cbp facilities overcapacity as local ngos, portable juul has started releasing migrants on city streets. >> is open for you to come illegally. >> yes illegally. brian: baclly,k to reality, this the reality and the borderis fighting style. >> we have a secure border. >> is not true, the reality show has texas governor abbott desperate busting thousands of illegal immigrantssper intont washington, d.c. into new york, chicago too show you the crisis they are facing is real and they don't want to talk about it more than 200,000 migrants, the highest in two decades that's about 7000 today, next the roadr to freedomee and energy and gren energy and green technology. >> the great american road trip is going to be fully electrified the stations will be up and easy to find as gas stations are now. >> really, wrong again we don't have the charging stations china has the battery components you say the econom hasy is great inr spending bonanza is responsible. >> the americay n rescue plan has taken economic crisis and economic resurgence. >> it's not y

toward the sea night falls, they look out across the valley and my father hotel delights below are her juul's. moon and stars will turn overhead and here they stay as they always wished it to be resting in each other's arms only each other's arms. until the end of time. >> out on the kick can be set any better but if there are any words you would love to live with us today about her legacy, her love for her husband and her fascinating life, please do. >> only that i would really encourage people to read the book and come with the way i came to it when i was researching it and when i was writing it which is to sort of set aside what you think you know about and francis robbins, later nancy davis and later nancy second, hers is a competent often painful story but i think that ronald reagan chose well in his partner for life and the country owes him a debt for the. >> what you say about someone who gives your life meaning, what you say about someone who's always there with support and understanding? someone who makes sacrifices so your life will be easy and more successful? what you say is that

. >>> juul will pay nearly $440 million to dozens of u.s. states and territories in a new settlement eefr over its marketo minors, an investigation found that it deliberately promoted its products to young people even though the sales are illegal. the presentation told schoolchildren that the nicotine product was, quote, totally safe. >>> still ahead on cnn, playing with fire, that is the warning from a nuclear expert who says if changes aren't made, disaster is imminent at zaporizhzhia. >>> and plus vladimir putin talks global economics. the russian president speaks out on western sanctions and moscow's own challenges. we'll break down his comments when we return. this is xfinity rewards. our way of showing our appreciation. with rewards of all shapes and sizes. [ cheers ] are we actually going? yes!! and once in a lifetime moments. two tickets to nascar! yes! find rewards like these and so many more in the xfinity app. at xfinity, we're constantly innovating. and we're working 24/7 to connect you to more of what you love. we're bringing yo

. >> juul will pay $38.5 million for the way it marketed its vaping products, the probe showing thate severe limitations on its marketing and sales practices. >>> finally this morning, he is the biggest star in the world, so no surprise harry styles ruled the music charts this summer. ♪ as it was, number one on bill board's songs of the summer chart for 2022 holding the top spot for 12 weeks and counting. ♪ turn up the music turn down the lights ♪ >> lizzo was second. and jack harlow finished third with first class. that means summer is over, right? welcome to fall. thanks for joining us. "new day" starts right now. hims charges in new york state. it is wednesday, september 7th and i'm brianna keilar with john berman. new overnight the long-time trump ally is expected to surrender thursday in new york to face charges for a llleged doouping donors who gave money to fund a wall along the u.s. mexico southern board. we build the wall raised more than $25 million. according to prosecutors

the electronic cigarette maker juul has reached a tentative agreement to pay nearly $440 million to settle a probe by 33 states into the company's marketing practices targeting underage buyers. the company has been widely blamed for the surge in teenage vaping. in labor news, teachers in seattle have voted to authorize a strike beginning today, forcing the city to cancel the first day of school. the seattle education association says 95% of teachers supported the strike in a recent vote. key demands by teachers include better support for special education and multilingual programs and smaller class sizes. and members of the u.s. women 's soccer teams have signed a historic collective bargaining agreement with u.s. soccer guaranteeing equal pay for the teams. the agreement comes six years after players on the u.s. women's national soccer team filed a complaint with the equal employment opportunity commission. in 2019, players filed a federal lawsuit over unfair pay practices. women's soccer superstar megan rapinoe praised the new agreement. >> it is so good. it is such a proud moment for al

to something else that's been going on that we can talk about and that is this settlement between juul to teenagers and this just raises the overall question just how bad is the vaping problem among teens? >> yeah, so this is something in which, you know, often times we have public campaigns, public health campaigns and i think that they're not necessarily working. i think this is an instance where a public health campaign actually has been working. so if you go back to 2011, 2% of high schoolers said they used e-cigarettes in the past 20 days. jump forward to 2019, it jumped to 28%. that is a huge number that's nearly a third of high schoolers that said they smoked an e-cigarette in the past 30 days but look at the trend line since 2019. it dropped to 20% in 2020 and then just 11% in 2021. pam, you know, i look at numbers all the time this is one of the weirdest, oddest trend lines but this public health campaign run by a number of organizations has clearly worked to curb a rising trend among teenagers to use e-cigarettes. it's clearly on the way down. >> it is. and has that lowering

federal health officials continue to push to ban juul products. >> we're looking at mostly clear skiesnd. a little break from the heat just a little anyway. ♪ (don't stop me now) ♪ ♪ ♪ (don't stop me) ♪ ♪ 'cause i'm having a good time ♪ ♪ having a good time ♪ ♪ i'm a shooting star leaping through the sky like a tiger ♪ ♪ defying the laws of gravity ♪ ♪ (don't stop me now) ♪ ♪ 'cause i'm having a good time ♪ ♪ i don't wanna stop at all, yeah ♪ ♪ ah, da, da, da, da da, da, ah, ah ♪ >> cal iso has just announced the grid operator has ended its energy emergency alert. 3. that's good news. it means that planned rolling power outages are no longer likely tonight, but that that that does not mean that all the power outages are over. kron 4 grant lodes is here with the latest outages around the bay area and they're spread out pretty much everywhere, right? you 2 issues the planned rolling blackouts, which we largely avoided that. >> threat is no longer over. but you'd still do have people who don't have power currently. and that is heat related. but it's not a preplanned rolling blackouts will

it's going to categorize this is sort, of if you will, juuling pageantry.the former queen, the deceased queen who is traversing the ad highlight of the country from all the way up at balmoral scotland. so it even more north than that today, driving through inverness, the capital violence in scotland. next week, she's going to be heading down here to london. then we are also seeing the king, the new king, formerly the prince. he's also going to be making the rounds he's introducing himself not only to his subjects new subjects here in england, where i am, here in london. but also in the other three constituent countries of the united kingdom. that is wales, scotland and northern ireland. so, you're going to see those kind of split screen as all of this continues. but is already converge together, those two separate threads on monday. that's one we're going to see, finally, that state funeral. the first one in decades, here in london, for the queen. it's going to be behind me, right here. but as you can see, a lot of folks here, especially in scotland right n

well, juul labs has sued the fda over the agency's refusal to disclose documents supporting its order the company. now the fda blames jewel for feeling a teenage vaping crisis. the jewel says the fda is blocking its access to scientific materials that are central to its understanding behind the basis of that june 23rd sales ban and walmart says it will hire 40,000 workers for the holiday season. some workers will be part-time store associates is customer service. workers are looking for truck drivers as well. last year, wal-mart hired 150,000 workers. so down a lot from where we were last year when we're says that just staff to better and they don't have as many supply chain workers as they did last year. now, after sinking every day for more than 3 months, u.s. gas prices edged higher yesterday by a penny. 2, 3, 68 a gallon. that's a nationwide average going to triple a that 98 straight days of falling prices at the pump. live from the nasdaq market site. i'm jane king. back to you ok, we're feeling pain today. thank you, haha 7.20, on the clock are also in the news. we have members

we were talking about big tobacco and juul. a lot of the juul scare -- i'm not going to defend it as a company they are not angels but they were looking at a market as a tribal community. in the u.s. the average adult smoking rate is about 13 14%. in tribal communities it is 40% or more. they are saying we have a safer alternative, where is that market? go with the smokers are so you can try to do transition laws and make money. public health community which wants to benefit by becoming a gatekeeper, by adding barriers, the use stuff like that, they use the public health argument to scare people and say, this is big tobacco, this is why we need to control the market, we need to have them register with the fda. look at what is happening in the e-cig written market, after 11 years of fda regulation, their only two companies that the fda has approved. they are from r.j. reynolds, and british american tobacco. all of the thousands of companies have never been part of big tobacco, they have been denied or are still waiting and will

. >> what is the talk you hear about how fedex fits in the whole puss juul. >> i think you're askinge right questions which is how much of this is a mac joe foreseeing of the future where we have data backward looking and finally getting something of the moment looking forward and how much is micro. how much has to do with the actual company right? and last week with the cpi print what we started to see with the rerating of what interest rates may look like is we've started to see a shift in the narrative from, yes, we can see a soft landing to what is the recession going to look like and so we are at the point now where we have nine central banks reporting next week. we have, you know, all kinds -- you're talking about murky data. data is all over the place and it's not clear, again, which one are really representing micro factors and which one is presenting macro factors so, look, if i represent individual clients and right now i can buy a six-month t bill yielding 3.6 % and, you know, not pay state and local taxes, that, you know, that's my best idea and that's a tough place to be

altria has decided to end its agreement with juul labs the move to end the non-compete could lead itd. i don't know if i want more of these things around. that's just me >> i was glad it was 4%. maybe it will go away. >> if they develop one, what does that mean because they have a lot more distribution >> the bad news is when other people had lured in. >> that had no problems in the first place. >> right >> the global markets paying close attention to what's going on in the uk right now and our next guest says when he's seeing reminds him of 200 7 and 2008. >> joining us is peter brookvar and a cnbc contributor and peter, your note this morning caught my eye because i didn't know what an ldi was and i was more concerned when i said that this reminds you of 2007 and 2008 and explain that, it's not as dire as you would expect at first glance >> cholesterol >> yeah. outside of the banking end and the housing implosion in '0 1k37 '08 it's like every day we learn something new of some exciting product and we all learned what a cbo was and today we don't have the banking and housing challe

the e-cigarette maker juul agreed to settle the way they marketed their of aping product.that they marketed their products to underage users following a 2-year investigation. this means is they can no longer show people under the age of 35 their market or provide free samples and things like that budget as part of their fight for survival. let's pay this and move forward and focus on how to help adults, smoking traditional cigarettes. we one that was the point of the device in the first place, you don't have to inhale the smoke. >> you have those cool flavors and show young people in ads and you see this huge rise in kid and teenage they ping - --vaping. stuart: a wall street journal says the administration issued the fewest, smallest number of oil and gas drilling leases since the 1940s. did the president say he would do everything possible to lower gas prices. senator bill cassidy fired up on this. hundreds of thousands of people in california could be left in the dark, the state's electric grid operators declared a level iii emergency. hillary vaughan will report on tha