the e-cigmaker juul said it can also detect counterfeit cartridges with illegal fruity flavors. juul is seeking authorization to sell that device. >>> philz coffee is a bay area success story. they are on many corners and blocks here in the bay area, but today they made a big announcement. they said they're closing down their very first store after 20 years. the coffee shop at 24th and folsom will close october 16th when their lease expires. philz coffee is vowing to find jobs for all eligible employees at its 12 other san francisco locations. >>> former employees of cafe centro in mission bay are trying to bring that shop back to life now. the cafe was incredibly popular with the early tech crowd and it closed friday after 30 years in business. the owner cited the now incredibly familiar post pandemic recovery problems. >>> now to mexico city where a single sandwich fed an entire tentful of people. this is my dream sandwich. 100 people formed an assembly line to make the world's longest torta. it's 246 feet. our executive producer likes putting things into perspective and so to

. >> 6.51 in jewel is about to cut 30% of the workforce to drive down the costs of juul products, an increase their profits. the vaping company is waiting for a decision from regulators to see if its products will be able to stay on the market. a company spokesperson says the layoffs will affect around 250 employees and bring the total number of juul workers to about 650 jewel says this decision will reduce operating expenses by 225 million dollars. juul's products were taken off of the market by the fda, but appeal by the company reversed the ban. so they're waiting to find out how it well, new this morning, a moscow court has reportedly extended the arrest of wall street journal reporter evan gershkovich. >> until november, 30th, he was detained on espionage charges back in march. the prosecution is the one who asked for this extension. and it was granted earlier this month the u.s. ambassador to russia made her 3rd visit to gershkovich. she says he appears to be in good health. despite the challenging circumstances. well, while sag after and the wga members are still on the picket

and applause yeah no more juul no more juul that will explain tomorrow when you see a bunch of yourrs sucking on a glade plug-in. [ laughter ] and be like, "you getting anything you getting anything?" [ laughter ] "i feel -- i'm feeling a little something. i don't know." [ laughter ] it's a big deal because if they also ban fedoras, your old college roommate is going to have a nervous breakdown [ laughter ] meanwhile, the biden administration says they're moving forward with a plan to eliminate nearly all nicotine in cigarettes. [ cheers and applause yeah man, it is -- it's a tough day for everyone who loves ingesting chemicals. you know what i'm saying [ laughter ] can't even huff gas anymore. it's too expensive [ laughter ] speaking of biden, yesterday, he visited a vaccine clinic that was giving out shots to kids under 5 and he actually had some pretty interesting things to say to the families we actually got audio of it. >> steve: really >> jimmy: yeah take a -- take a listen to this >> steve: oh >> kids got so many crazy toys these days things used to be a lot simpler. closest

. >>> e-cigarette company juul is seek approval that would require age technology to reduce the use amongre government id. the chip in the device would identify counterfeit cartridges from other companies which often offer fruity flavoring targeting minors. >> and it was the best week ever for amc ththarts. yoyou know why, barbieheimer. those opting to see it from july 21st through the 27th helped. that's your "cbs moneywatch" report for this morning. i'm astrid martinez, cbs news, new york. >>> police have opened an investigation after cardi b threw her microphone at a fan during a concert in las vegas. video shows a audience member throwing a drink at the rapper and cardi b through the mic back. the woman who was hit by the microphone made a report to the police but it's not clear if she's the person who threw the drink. >>> up next, paul reubens, the character and actor who playedd peeweeee herman dies. his s heartfelt t message toto fans. neutrogenana® hydroro boost lightweieight. fragrance-e-free. 48-hour r hydration.n. for ththat healthyhy skin glo. neneutrogena®®. for people with s

it's the ban of certain juul products.ogan says he developed a serious pain addiction from pain medications. he got an addiction from pain medications. he went through a series of surgeries, got into pain and got addicted to the painkillers and now he's clean. how did he do that? lauren: cbd. he had 25 surgeries. mostly on his back, and he was constantly prescribed painkillers to manage the pain from fighting, from wrestling and the surgeries. he said it created this vicious cycle and what made the difference for him to get off the painkillers and the booze and the answer was cbd. he was introduced to the chemical found in marijuana by rick flair, going back to wrestling hay day, and mike tyson. he said it calms down the joint pain and now he's starting his own cbd company. stuart: okay. that's hulk hogan. show me the dow 306789 i want a sense of the market. i'm expecting to see a lot of green and there it is. i see -- what do we have there? eight or nine losers and the rest are winners. the dow is up one-third of 1% and f

. >>> vaping company juul is seeking an unusual new patent and tonight is your next chance to be a billma >> mn brennan joi us with cnbc money minute. >>> the flashing x on the building has been removed. video shows the structure going down, san francisco launched an investigation after the sign went up but it was not clear why it was removed. >>> e-cigarette company juul, seeking a patent to a vaping that could verify identity. >>> the mega millions jackpot, grand prize at more than a $1 billion the. no one has hit the jackpot since april. but players will have another chance with tonight's drawing. i said i would give those chances. 1 in 302 million. >> is that all? >> that's your chance with one ticket. >> no one has won since april. >> those numbers 22 and 11 can't be that lucky. >> i guess not. it's not working. morgan brennan, thank you. >>> coming up, tensions escalate in haiti as protests there erupt over the kidnapping of two americans >>> plus the biggest wildfire of the year burns out of control spreading across two western states. states. we're tracking t progress to he trelel

. >>> e-cigarette maker juul is slashing idaho workforce. last year the fda banned its products, it appealed and won, but it's waiting for courts to decide if its e-cigarettes can stay on the market. the company announced its cutting 30% of its workforce to free up cash for legal settlements. 45 states including california have sued the vapemaker for its role in a surge in teen vaping. it's also an illegal battle over patent infringement. >>> hollywood writers and actors strike is heating up. the producers are taking negotiations public. the writers guild of america went on strike in may. earlier this month, the union representing producers sent the writers its first offer. last night, it posted the proposal which the writers rejected. the proposal did address many of the top issues for the writers. among them, wage hikes, increased residuals, protections around the use of a.i. the writers say the offer has loopholes and omissions that don't protect all of them. >>> no grudges. those words from the security guard who went viral for singing a

you can imagine transformed greatly, a real juul overrun by a series of dreadful development in 1942, 43 requisitioned so she has to do with the end came from villages scavenging for food and you have partitioning of india that led to violence and the displacement of 16 million people in the area so that the whole area wrote with violence and she goes on retreat and she's on the train and jesus says now your work is about to begin. we had it easy until now. she comes back january 27 trying to understand and she knew what she was supposed to do but didn't know how to get there. what is a single solitary woman do this? she's talking to a priest who doesn't suspect her of an inappropriate relationship with the priest as they have private conversations so they banish her 150 miles away so she goes through those six difficulty but she bears it. i'm she recounted in letters intimate discussions jesus had with her about what was he was asking her to do and that is recounted in the book. all of this is a how remarkable a woman could then decide i'm going to go out is because god called me to

. >>> and juul is looking to raise $1 billion in new funding. >>> shares of etsy are sinking after the outlook for the quarter are down. >>> and tom brady is the minority owner of the english football club and set to become the chairman of the advisory board. from football to futbol. >>> you see the s&p is down 1.3% from yesterday's close the futures market right now indicating an 81-point drop. the s&p is down 12 points. the nasdaq down is down 87 let's bring in the financing partner at ubs ali, great to have you on this morning. i wonder if we go through the market narrative that we saw yesterday and should we be concerned with the weakness? >> this is interesting after the string of upgrading after the fundamental excitement about earnings and going past the trough and into what looks like a more favorable earnings cycle in comps i think what happened yesterday was a little bit of the one-two punch where not only did we have the fitch downgrade highlighting something, but we all know and is in the back of our minds is u.s. citizens and investors will have the second punch with janet

juul almost went under last year until it was bailed out by two deep pocketed shareholders.ter posing some posting, rather, at $800 million in revenue last year. all right, frank, tom is now 646. we get to talk about soccer. the group stage of the women's world cup is over. now after the final matches of the first round, early this morning. indeed. and that last match may have been the biggest shocker in the tournament thus far. the number two ranked country in women's soccer, that's germany failed to advance into the knockout round of 16. it drew to a tie with korea, 1 to 1 finished third in its group, germany peppered the korean goalkeeper with shots, but only one got through. one goal didn't count because of offsides. germany is now bounced out of the tournament, and that means both colombia and morocco are off to the knockout stage. morocco v colombia and the other match this morning. it's been a terrific year for moroccan soccer. it became the first arab nation to advance to the men's world cup semis last fall. and now the women's team making its debut. and the women's

juul seeking to raise about $1 billion.ar and is working with jeffries financial group on the fundraising effort. valuation in the round remains unclear but it's expected to be dramatically lower than their $38 billion it was worth in 2018. coming up, traveling with ai, what it means at the trail -- tail end of travel season with the ceo of expedia, peter kern. this is bloomberg technology. ♪ it's going to cost you money. to this day i only paid what i had to pay for the device... when i go back everything is covered. there's so much you're missing by not having hearing aids. we'll find you a hearing aid that fits your lifestyle and budget at one of our over fifteen hundred locations. call miracle ear at 1-800-miracle and schedule your free, no obligation hearing evaluation today. you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like

juul almost went under last year until it was bailed out by two deep pocketed shareholder. bloomberg business news is now reporting that the company is trying to raise more money after posing some posting, rather some $800 million in revenues last year. time is 748. major changes are coming to the way you file your tax. the irs wants to make it easier for people and for businesses to accurately file tax returns. a new plan called paperless processing will allow taxpayers to directly submit documents and correspond digitally by next year. treasury department says that'll be more accurate, and if everything goes as planned 94% of taxpayers will never have to send another piece of mail to the irs. you're in the process of transforming the irs into a digital first agency. this paperless processing initiative is the key that unlocks other customer service improvements. now, republicans in congress say the changes will be used to target low income taxpayers with more audits. secretary of treasury janet yellen says the focus of enforcement efforts are on the structures of large co

juul's products were taken off the market by the food and drug administration. but an appeal by the company reversed that ban. >> amazon wants workers back in the office report shows some staffers are being told that they need to relocate to hubs in seattle, new york, austin or arlington, texas. if they want to keep their jobs and if they do not move, they're out in response. some workers are apparently quitting. they say that they were told when they were hired that it was ok to work remotely. >> but now obviously things have changed. i guess amazon says it reimburses employees, public transportation costs in major metro areas and provides free commuter shuttles as well. and then watching the office. >> well, new this morning, a moscow court has reportedly extended the arrest of wall street journal reporter evan gershkovich. until november. 30th. he was detained on espionage charges back in march. the prosecution asked for this extension and the court granted earlier this month. u.s. ambassador to russia made a 3rd visit to see risk of hc what his health was li

barbara, i want to share with juul rudy giuliani said last night. >> i have a chapter of my book called stand up to bullies, here is what i say to jack smith. this will be your legacy, violating the rights of free speech of an american citizen. never mind whether he was president or not. >> okay, okay, okay, barb, rudy giuliani is telling us that jack smith should be worried about his legacy. rudy giuliani who held a press conference at four seasons total landscaping in philadelphia, rudy giuliani who was prominently featured in the most recent borat movie. he is warning others about legacy? >> yeah, first of all i don't think jack smith cares about his legacy i think what he cares about his justice. this seems to become a talking point, i've been hearing it in the past few days from trump supporters and apologize, this idea that donald trump was simply exercising his first amendment right to free speech. we all have a right to free speech, but there are limits to those things. when it and up in illegal conduct. if you and i get together and plot to rob a bank, is that exercising free s

e-cigarette maker juul, which, pardon the pun, almost went up in smoke last year, bankruptcy. we're hearing the company is seeking to raise about $1 billion here and it is working with jeffries to do that fundraising effort. the company had a bite -- had about $800 million in revenue in 2022. the hot headline is they are looking for about $1 billion in funding there. we will get you more details later in the show. that aside, and smoking is not good for you just in case, markets right now, not really up in smoke but we are coming up to lows in the day. we're down for a third day. china opened up and is providing some left to these -- some lift to these markets. we will flash it on your screens in a moment. down for a third day. certain sectors are picking up the slack, .5% to the downside still. but we're stable here. you had a big drop in u.s. markets overnight, you had a melt up on yields with a 10 and 30 year continuing to move up. we are now closing at 4.10. it reminds us of nightmares of 2020, when the 60/40 portfolio went up in smoke. 10 year yield in japan is now flirti

altria subsidiary injoy sues former altria subsidiary juul labs.-cigarette subsidiary n joy. now they infringe upon what they bought, njoy. now they're calling for a ban of the import and sale. strange bedfellows. >> i don't see it much. do you guys? >> what? >> vaping. >> i've seen it all over. i've seen it in restaurants, people in corners. oh, yeah. >> i don't ever see it anywhere. >> it's everywhere. it's sad. >> not in the nice parts. >> all over. the nice parts -- >> people are getting pushed on subways and living under scaffolds. ark invest kathy wood adding to her more than 4% stake in zoom and buying some dip. that's some dip. 400 after 66. two of ark's funds bought shares. it's trading low despite earnings and guide answer that did, in fact, beat expectations. >>> coming up on the other side of this, speaking of expectations, we've got expectations after tonight's debate. frank luntz is here to break it all down. take a look at yesterday's winners and losers. ♪ >> announcer: winner and losers is sponsored by state street global advisers.