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Bengaluru — The CEO of e-cigarette maker Juul stepped down on Wednesday, with his company beset by a regulatory backlash against vaping, and merger talks between its biggest investor Altria and Philip Morris International collapsed.

Juul, in which tobacco giant Altria Group owns a 35% stake, is facing intense scrutiny in its home market as teen use of e-cigarettes surges. The company, which faces a US ban on some products, said on Wednesday that it would suspend all advertising in the country...

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