Taxes

Hawaii eyes flavored e-cigarette ban to curb teen vaping

The first state to limit tobacco and electronic cigarette sales to people 21 and older is contemplating a new nicotine crackdown: outlawing flavored electronic cigarette liquids and flavored tobacco to combat a spike in teenage vaping.

H&M profit drops, sales go up in India mainly

Swedish low-cost fashion brand Hennes & Mauritz AB has announced first-quarter profit dropped to 803 million kronor ($86.4 million), down from 1.4 billion kronor a year ago, saying the earlier period was positively affected by one-off tax income as a result of U.S. tax reform.

Trade panel: Boeing got unfair US tax break, hurting Airbus

Delivering final word in a nearly 14-year standoff, a World Trade Organization body has ruled Boeing received U.S. subsidies via tax breaks from Washington state that damaged sales of aircraft made by European archrival Airbus.