The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Former FDA Commissioner Scott Gottlieb told CNBC on Friday he believes it will be difficult for popular e-cigarette maker Juul to get government approval for its products.
"Juul is in a hard spot to ever get their product approved," Gottlieb said in a "Squawk Box" interview. "They have so much historical youth use with their product. I don't know how Juul gets through an application process."
In a court filing, the Food and Drug Administration proposed a 10-month deadline for e-cigarette makers to submit applications for government clearance to continue selling their products. Companies would be able to sell their products for a year while under review.
The FDA proposal comes after U.S. District Court for the District of Maryland ruled the agency had exceeded its authority by allowing e-cigarettes to remain on the market until 2022 before companies applied for regulatory approval.
The shortened deadline may prove to be tricky for Juul, said Gottlieb, a physician, medical policy expert and public health advocate. He speculated that Juul had wanted to get a revamped "kid proof" product together for review. "But if applications are required to be due sooner, they won't have time to do that," he suggested.
Juul will have to submit its original product with "all of that historical use" by children, Gottlieb said.
Juul spokesman Ted Kwong said the company is working on "a comprehensive application to demonstrate the potential public health impact of Juul products, including the unprecedented rate at which our products are switching adult smokers from combustible use, which will be reviewed by FDA technical and scientific experts."
"Taken together with our industry-leading action on youth prevention and hopefully category-wide actions from FDA in the near future, we are confident adult smokers will not be left without a viable alternative to combustible cigarettes, the leading cause of preventable death," he said in an email.
The vaping company is facing a number of investigations into its marketing practices, as critics say it has targeted teens through its fruity flavors and social media.
House Democrats last week requested documents from Juul related to its marketing strategies, social media practices, research on Juul's impact on health, and the company's deal with tobacco giant Altria.
In December, Altria took a 35% stake in Juul as the Marlboro maker looks to take what it calls "significant action" to prepare for more adult smokers transitioning from cigarettes to vaping. Juul said its deal with Altria is a way for it to reach more adult smokers, which it claims is its targeted audience not kids.
Altria's stock fell by more than 4% in afternoon trading Friday.
Juul, which dominates the e-cigarette market, has implemented changes to curb the mass appeal to teens and denies it marketed to minors.
Disclosure: Scott Gottlieb is a CNBC contributor.
— CNBC's Ashley Turner and Reuters contributed to this report.