Companies to Watch: Major problem for Harley-Davidson, Oracle adds 2K jobs, more retailers drop vaping products

Yahoo Finance

Here are the companies the Yahoo Finance team is watching for you today.

Harley-Davidson (HOG) is running into trouble trying to sell its new electric motorcycle. Reuters says the "LiveWire" so far has been a flop, with customers turned off by its nearly $30,000 price tag, and dealers say most orders are coming from older, wealthier riders — not the younger customers Harley had been hoping for. A Harley-Davidson spokesperson didn't immediately return Yahoo Finance's request for comment on Livewire sales.

Oracle (ORCL) is adding 2,000 jobs as it expands its cloud business. Reuters says the company is adding staff to better compete with Amazon and Microsoft. The jobs will be based in San Francisco, Seattle and India as Oracle increases the number of data centers worldwide.

More retailers are getting out of the vaping business. Kroger (KR) and Walgreens (WBA) are the latest retailers to announce plans to stop selling e-cigs. The vaping business has been facing growing scrutiny over health concerns and is being linked to over a thousand lung illnesses and possibly eighteen deaths.

More trouble for PG&E (PCG). The company warned it may be shutting off power for 600,000 customers across 30 California counties in its effort to reduce wildfire risk in those communities. The outages would begin tomorrow morning, and could affect homes that are not being impacted by extreme weather conditions.

A professional gamer was suspended by Activision Blizzard (ATVI) after wearing a mask and making pro-Hong Kong comments in an after-match interview. The video-game company, with heavy ties to China, stripped the gamer of his prize money as well. This comes one day after outrage erupted in China when an NBA exec tweeted a pro-Hong Kong image and several Chinese companies pulled their money from the league.