Business & Financial News, U.S & International Breaking News

Altria Group Inc on Friday took a third-quarter hit of $2.6 billion to its investment in Juul Labs Inc, further diminishing the value of its initial $12.8 billion stake in the e-cigarette maker that is facing increased regulatory scrutiny.

Harvey Weinstein was sued on Friday by the former production assistant who the disgraced movie producer was convicted at trial of having sexually assaulted.

U.S. District Judge Wendy Beetlestone in Pennsylvania on Friday blocked a U.S. Commerce Department order barring key technical transactions with TikTok set to take effect Nov. 12.

Large Wall Street banks have been running "war game" drills in their trading businesses and preparing clients for unexpected scenarios around the U.S. election next week, hoping to avoid liquidity crunches or technical errors as markets react to news of who will be running the White House and Congress, industry sources said.

"Full House" actress Lori Loughlin began a two-month prison sentence for her role in a vast college admissions fraud scheme to help her daughters gain entry into a top U.S. university, a prison official said on Friday.

An Illinois judge said he would rule later on Friday on whether to extradite a teenager accused of fatally shooting two protesters and wounding a third during protests in August in Wisconsin, a spokesman for the prosecutors said.