Write Downs
Altria Says Vaping Still ‘Less Harmful’ Than Smoking, But Very Harmful To Its Bottom Line
That’s $4.5 billion up in smoke.
Verizon Taking Its Final Huge Bath On Marissa Mayer's Yahoo Legacy
Tumblr is being sold for $20 million only six years after Double-M bought it for $1.1 billion.
Kraft Writes Off Another 1% Of Warren Buffett’s Cash Pile
Not literally, of course, but it’s a pleasing mathematical coincidence to all but Berkshire shareholders.