Stocks

Altria buying vape maker NJOY for $2.75B

Altria will buy vape-maker NJOY and absorb the company’s NJOY ACE production as the only e-vapor product with market authorizations from the U.S. Food and Drug Administration (FDA).

Rivian shares fall on mixed results, new recall

Electric automaker Rivian reported mixed results along with its second recall in less than six months. The recall involves nearly 89% of the vehicles produced through September.