RICHMOND, Va.— Reynolds American Inc. said Tuesday that its profit rose by 6.7 percent in its second quarter as higher cigarette and smokeless tobacco prices helped to offset a decline in the number of cigarettes it sold.» Read More
The $115 million campaign, to be overseen by the Food and Drug Administration, will target the 10 million young people aged 12 to 17 who are open to trying cigarettes or who are already experimenting with them and are in danger of becoming regular smokers, the FDA said.
The $115 million campaign by the Food and Drug Administration will target the 10 million people aged 12 to 17 who are open to trying cigarettes or who are already experimenting with them and are in danger of becoming regular smokers, the FDA said.
Tobacco companies that split apart to protect investors from litigation may consider reuniting, especially BAT and Reynolds American.
British American Tobacco will soon be free to build on its 42 percent stake in Reynolds American Inc. But bankers say British American could also take interest in U.K. rival Imperial Tobacco Group if it can overcome antitrust hurdles in Europe. CNBC's John Jannarone explains.
Miguel Martin, LOGIC Technology president, discusses the proposed legislation that would ban electronic cigarettes from restaurants, offices, and parks. Martin also addresses if there are chemicals in e-cigarettes.
Kevin Frija, CEO at Vapor Corp, says the FDA is unlikely to ban e-cigarettes but that regulations are needed "for clarity". Growth will continue even if they're treated as traditional cigarettes, he argues.
Cigar Aficionado just unveiled its No. 1 cigar of 2013 on CNBC, and it's beyond the reach of law-abiding U.S. citizens.
Gordon Mott, executive editor of Cigar Aficionado, showcases this year's top three cigars and explains why this is the "golden age" of cigars.
The New York City Council on Wednesday held a hearing to debate banning e-cigarettes from public places.
Marlboro says it will get into the e-cigarette business in the second half of 2014 and raised its profits forecast for the next year.
The agency responsible for policing tobacco sales couldn't provide proper records for $127 million worth of cigarettes used in undercover operations.
Current and ex-law enforcement officials warn that a menthol cigarette ban could spark a black market boom in the smokes.
The booming electronic cigarette market will approach nearly $2 billion by the end of 2013, a top tobacco analyst predicts.
FINRA warned Tuesday that scammers have been targeting investors attempting to tap into the growing U.S. marijuana industry.
New research suggests that e-cigarettes might be able to encourage tobacco smokers to reduce their use of traditional cigarettes even when they don't want to quit.
Erik Bloomquist, senior analyst at Berenberg, comments on the rise of e-cigarettes and what it mean for traditional tobacco companies.
Got a cigarette habit? New research shows what's going up in smoke could be your earnings potential—unless you quit.
A Food and Drug Administration review concludes that menthol cigarettes pose a greater public health risk than regular cigarettes.
Tony Elward, International Spirit, explains his crazy concoction.
Philip Morris International's Q2 profits fell 8 percent, as it shipped fewer cigarettes. Tobacco analyst Bonnie Herzog of Wells Fargo Securities, offers insight.