British American Tobacco said it would take a hit of around $31.5 billion as it writes down the value of some US cigarette brands, acknowledging on Wednesday that its traditional market has no ...
RICHMOND, Va. (AP) — The Marlboro Man may soon be hitching his wagon to a new kind of cigarette. Altria Group Inc., owner of the nation’s biggest cigarette maker, Philip Morris USA, announced Thursday ...
Philip Morris International has moved aggressively to deal with the ongoing decline in demand for cigarettes. The company serves a diverse group of foreign markets and has been moving into the U.S.
Altria said it would buy e-cigarette startup NJOY for $2.75 billion. The deal comes after the company shed its stake in e-cigarette maker Juul Labs. Altria also makes Marboro cigarettes. In this ...
Juul Labs is planning to lay off 30% of its workforce, a source familiar with the matter told Reuters on Wednesday, as the e-cigarettes maker aims to reduce its operating costs. The restructuring is ...
(Reuters) -Imperial Brands announced an additional 1.45 billion pound ($1.95 billion) share buyback plan on Tuesday and said it was on track to meet its annual targets on the back of strong pricing ...
Victory for company could add to circuit split over FDA denials Agency has said companies must show flavored products' benefit for adult smokers Feb 14 (Reuters) - A Missouri-based maker of ...
Feb 14 (Reuters) - A Missouri-based maker of menthol-flavored e-cigarette liquids on Wednesday urged a federal appeals court to revive its application with the U.S. Food and Drug Administration to ...
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