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Photo: Justin Sullivan/Getty Images

Walmart announced Friday that it will discontinue e-cigarette sales in its stores after a rash of vaping-related deaths, per CNBC.

Why it matters: The world’s largest retailer cited "growing federal, state and local regulatory complexity and uncertainty" around the product and said that it would stop selling e-cigarettes after selling through its current inventory.

The big picture: Walmart's move comes after vaping has faced a wave of scrutiny across the board — from Congress to the White House to local governments. At least 8 people have died from mysterious vaping-related illnesses.

  • President Trump has proposed banning all flavored e-cigarette items.
  • The industry is even facing issues around the world. India has banned e-cigarettes entirely while Juul's products disappeared from online Chinese marketplaces just a week after they debuted.

The state of play: The retailer also has been more actively taking a stance on societal issues, announcing earlier this month that it would end all sales of short-barrel rifle ammunition that can be used with military-style assault weapons.

  • Walmart CEO Doug McMillon is set to chair the Business Roundtable, a group made up of the nation's top CEOs, at the start of next year.
  • 181 BRT CEOs signed onto a statement last month that driving shareholder value is no longer their sole business objective, instead expanding their mission to include everything from taking care of employees to helping their communities.

Go deeper: CEOs are the new politicians

Go deeper

National Guard chief says it took 3 hours for Pentagon to grant Jan. 6 request

Photo: Stefani Reynolds/Bloomberg via Getty Images

William Walker, commanding general of the D.C. National Guard, will testify Wednesday that it took three hours and 19 minutes for Pentagon leadership to approve a request for National Guard assistance during the Jan. 6 Capitol attack, according to his prepared remarks.

Why it matters: The timeline over when National Guard requests were made and granted has been a key point of contention in congressional hearings examining the security failures surrounding the Capitol riots.

35 mins ago - World

International Criminal Court opens Israel-Palestine war crimes probe

Israeli Prime Minister Benjamin Netnayahu has strongly objected to the investigation. Photo: Lior Mizrahi/Getty Images

International Criminal Court (ICC) prosecutor Fatou Bensouda on Wednesday announced her intention to open an investigation into crimes allegedly committed in the Palestinian territories since 2014.

Why it matters: The investigation is expected to consider possible war crimes by Israel and Hamas during the 2014 war in Gaza, as well as the construction of West Bank settlements by Israel. It could sharply increase tensions between Israel, which fiercely opposes the probe, and Palestinian leaders, who requested it.

Ben Geman, author of Generate
1 hour ago - Energy & Environment

Exxon says it's well-positioned amid investor pressure

Illustration: Aïda Amer/Axios

ExxonMobil said Wednesday that its oil-and-gas development plans will create good returns even at modest oil prices as the company looks to win back investor confidence after several rocky years.

Driving the news: The company, just ahead of an investor presentation this morning, said its investments are designed to generate returns of over 30% and touted its spending reductions.