Latest news with #federalregulators
Wall Street Journal
17-07-2025
- Business
- Wall Street Journal
FDA Authorizes Juul E-Cigarettes
Juul Labs has won authorization from federal regulars for its e-cigarettes to remain on the U.S. market, according to people familiar with the matter. The decision breathes new life into the vaping company after a federal ban in 2022 pushed it to the brink of bankruptcy. The Food and Drug Administration has authorized Juul's original vaporizer, along with refill cartridges in tobacco and menthol flavors, the people familiar with the matter said.
CNA
07-06-2025
- Business
- CNA
EchoStar prepares potential bankruptcy filing amid FCC review, WSJ reports
EchoStar is considering a Chapter 11 bankruptcy filing as the telecommunications services firm vies to shield its cache of wireless spectrum licenses from the threat of revocation by federal regulators, the Wall Street Journal reported on Friday, citing people familiar with the matter. The company declined to comment on the report. Last month, the Federal Communications Commission (FCC) notified EchoStar it was investigating the company's compliance with certain federal obligations to provide 5G service in the U.S., questioning EchoStar's buildout extension and mobile-satellite service. FCC's actions have severely limited the company's ability to make strategic decisions regarding the growth and investment of its Boost Mobile business, according to a regulatory filing by the company last month. EchoStar has previously disclosed that it missed roughly $500 million in interest payments, citing uncertainty around the ongoing FCC review.
