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NYC boosts cigarette prices to $13, bans sales by pharmacies

Bloomberg New York boosted the minimum price of a pack of cigarettes by 24 percent to $13 and placed a cap on the number of tobacco sellers, part of the city’s biggest crackdown on smoking in more than a decade. The anti-tobacco moves came in the form of a seven-point package of laws that Mayor Bill de Blasio signed. The ...

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United likely to suffer $265mn blow from Hurricane Harvey

Bloomberg United Continental Holdings Inc. is likely to take at least a $265 million financial hit from Hurricane Harvey because of the carrier’s reliance on Houston as one of its biggest hubs, an airline analyst said. The third-largest US carrier’s seat count will fall an estimated 1.5 percent in the current quarter because of the storm, with little opportunity to ...

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Thai online shopping binge, a sign of Southeast Asia market size

Bloomberg Thailand has seen an explosion of internet shopping in recent years as consumers become more tech savvy. And if that’s anything to go by, e-commerce in Southeast Asia is taking off as well. Online retail sales in Thailand of everything from washing machines and televisions to fish sauce are growing more than 100 percent, far outpacing purchases made at ...

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