Tobacco
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Craig Weiss, NJOY CEO, discusses competition, regulations and health risks associated with the growing business of e-cigarettes.
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LONDON, June 12- Britain is to regulate electronic cigarettes as non-prescription medicines from 2016 in an attempt to improve quality, though the country's drugs watchdog said they would still be sold in convenience stores.
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LONDON, June 12- Britain is to regulate electronic cigarettes as non-prescription medicine from 2016 in an attempt to improve quality, though the country's drugs watchdog said they would still be sold in convenience stores.
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Altria Group, formerly Phillip Morris USA, plans to release an e-cigarette, showing the company's dedication to maintaining market share in an age of declining tobacco sales.
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Reynolds American is launching its Vuse electronic cigarettes in Colorado, with an eye toward quick national expansion. Company executives say the product will alter the landscape.
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CNBC's Jackie DeAngelis talks with Daniel Delen, president and CEO of Reynolds American, about his company's efforts to take a significant portion of the electronic cigarette market.
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Big tobacco companies are taking notice of the potential $1 billion e-cigarette business, but critics say there's not enough information about the potential health risks associated with the product, reports CNBC's Jackie DeAngelis.
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Shane MacGuill, tobacco industry analyst at Euromonitor, talks about the smoking ban in Russia and explains why it is unlikely to affect the tobacco market much.
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WASHINGTON, May 21- Cigarette companies are boosting the money they spend on giveaways and similar promotions in the United States as they attempt to pitch to a declining pool of cigarette smokers.
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May 21- Tobacco company Philip Morris International Inc said it would buy out its Mexican joint venture partner controlled by billionaire Carlos Slim, for about $700 million.
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A group of 10 lawyers and academics with experience in prior liability cases met in Indianapolis in mid-April to discuss whether a lawsuit claiming online gaming further promotes gambling addiction has a shot at winning.
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SAN FRANCISCO, April 22- California's anti-smoking advocates are asking their legislature to back a $2 state tax hike on cigarettes- double the increase voters rejected last year- on the heels of President Barack Obama's urging a federal cigarette tax increase earlier this month.
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NEW YORK, April 22- New York City took the first step on Monday in outlawing sales of cigarettes to anyone under age 21, in an effort to reduce smoking among the age group in which most smokers take up the habit.
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New York City Council Speaker Christine Quinn is expected on Monday to announce new legislation that would raise the legal age limit for the purchase of cigarettes from 18 to 21.
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NEW YORK, April 22- New York City, home to bans on trans fats and salt, is taking a step toward outlawing sales of cigarettes to anyone under age 21..
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WASHINGTON, April 22- The U.S. Supreme Court on Monday declined to hear a tobacco industry challenge to a federal law that expanded restrictions on the advertising and marketing of cigarettes.
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April 15- President Barack Obama's proposal to nearly double federal excise taxes to $1.95 on each pack of cigarettes would likely knock down sales volume 7 percent to 8 percent and is a credit negative for U.S. tobacco companies, Moody's Investors Service said on Monday.
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WASHINGTON, April 8- President Barack Obama will put forward on Wednesday a list of detailed proposals to overhaul the U.S. tax code, hoping this time Congress will stir itself to action. The inflation adjustment plan is unlikely to get through Congress on its own.
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*Profit 97 cents per share vs analysts' view 90 cents. March 25- Dollar General Corp said on Monday sales growth this year could surpass the strength it saw in 2012 as demand for food and other goods, including cigarettes, helps drive gains despite consumers' concerns about the economy. Dollar General asserts that it can do well in a tough economy.
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*Nippon Steel& Sumitomo Metal jump, to cut capacity. TOKYO, March 12- The Nikkei share average rose on Tuesday to a fresh 4-1/ 2 year high, as a softer yen and expectations of monetary easing drove up banks like Mitsubishi UFJ Financial Group and as overlooked electronics firms such as Panasonic attracted buying.
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TOKYO, March 12- Japan's Nikkei share average rose in early trade on Tuesday, chalking up a fresh 4-1/ 2 year high as a softer yen and expectations of monetary easing continued to drive up financials and overlooked electronics firms were bought up.
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