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  • LONDON, Feb 27- Electronic cigarette firms in Italy say a new levy that doubles the price of e-liquid refills unfairly helps tobacco giants like Philip Morris International and will hurt their industry. The controversy centres on the fact that the lower rate is applied to both electronic cigarettes and to tobacco products such as Marlboro HeatSticks, which...

  • WASHINGTON— The first peek at a major study of how Americans smoke suggests many use combinations of products, and often e-cigarettes are part of the mix. Andrew Hyland of the Roswell Park Cancer Institute, the primary investigator for a huge government study of trends in smoking and tobacco use. At a meeting of nicotine researchers late Thursday, Hyland...

  • Andrew Hyland, scientific principal investigator on the study and chair of the department of health behavior at Roswell Park Cancer Institute, said they may be transitioning away from cigarettes, or they may be becoming more entrenched. "We were struck by the proportion of users that engaged in polyuse," Mitch Zeller, head of the Food and Drug Administration's...

  • LITTLE ROCK, Ark.— The Arkansas Supreme Court says a lawsuit against tobacco giant Philip Morris USA can proceed under class-action status. The lawsuit seeks refunds on every pack of Marlboro Lights sold in Arkansas from 1971 to 2010. The plaintiffs claim Philip Morris, which is part of the Altria Group, deceived smokers about health risks.

  • LONDON, Feb 26- British American Tobacco, the world's second-largest cigarette maker, said on Thursday it would take action against the UK government if it enacts a plan to put cigarettes in "plain packaging". The UK parliament is expected to vote on regulations to ban branding on cigarette packs before it is dissolved on March 30, in preparation for the general...

  • NEW YORK, Feb 25- Three major U.S. tobacco companies- R.J. Reynolds Tobacco Co, Lorillard Inc and Altria Group's Philip Morris USA- will pay $100 million to settle hundreds of federal lawsuits over smoking, according to an announcement from plaintiffs' lawyers on Wednesday. The agreement will cover more than 400 lawsuits filed in federal court in Florida by smokers...

  • $100M settlement for hundreds in Florida tobacco lawsuits Wednesday, 25 Feb 2015 | 10:52 AM ET

    MIAMI— A $100 million settlement has been reached between three major tobacco companies and hundreds of people who sued them for smoking-related deaths and illnesses in Florida federal court. The tentative agreement announced Wednesday involves R.J. Reynolds Tobacco Co., Philip Morris USA Inc. and Lorillard Tobacco Co. The deal resolves about 400 cases...

  • Tobacco giants settle smoking lawsuits for $100M Wednesday, 25 Feb 2015 | 10:43 AM ET

    Three major U.S. tobacco companies will pay $100 million to settle hundreds of federal lawsuits over smoking.

  • NEW YORK, Feb 25- Three major U.S. tobacco companies including R.J. Reynolds Tobacco Co, Lorillard Inc and Altria Group's Philip Morris USA will pay $100 million to settle hundreds of federal lawsuits over smoking, according to an announcement from plaintiffs' lawyers on Wednesday. The agreement will cover more than 400 lawsuits filed in federal court in Florida...

  • Cuban cigar maker eyes 30% of US market Monday, 23 Feb 2015 | 2:34 PM ET
    A worker boxes cigars at the state-owned Habanos SA Partagas factory in Havana, Cuba.

    Cuban cigar-maker Habanos S.A. sees gaining 25 percent to 30 percent of the U.S. premium cigar market if the trade embargo is lifted.

  • The companies in the case include Richmond, Virginia- based Altria Group Inc., owner of the biggest U.S. tobacco company, Philip Morris USA; No. 2 cigarette maker, R.J. Reynolds Tobacco Co., owned by Winston-Salem, North Carolina- based Reynolds American Inc.; and No. 3 cigarette maker Lorillard Inc., based in Greensboro, North Carolina. The preamble to the ads says a "...

  • WASHINGTON— Never underestimate the staying power of big tobacco. District Judge Gladys Kessler ordered the nation's largest cigarette makers to publicly admit that they had lied for decades about the dangers of smoking. Oral arguments are scheduled for Monday before the U.S. Court of Appeals for the District of Columbia Circuit.

  • DUBLIN, Feb 17- Ireland is to proceed with plans for a law requiring tobacco companies to sell cigarettes in plain packets, legislation that has prompted a threat of legal action from Japan Tobacco International. Ireland said in 2013 it wanted to become the first country in the European Union to ban branding on cigarette packages. Australia introduced a ban a few...

  • LONDON, Feb 12- Imperial Tobacco Group reported a 4 percent decline in underlying tobacco volumes for its fiscal first quarter, in line with its broader markets, and stood by its outlook for the year. It blamed the timing of price increases, reduced trading in Iraq and lower sales of mass-market cigars in the United States ahead of a brand relaunch.

  • Reynolds America CEO: Fantastic Q4  Tuesday, 10 Feb 2015 | 10:42 AM ET

    Discussing Reynolds America's "fantastic" 4th quarter and strong year overall, with CEO Susan Cameron.

  • Hamburg, 59, is one of the longest-serving FDA commissioners in the modern era. In a note to staff, Hamburg said it was "with very mixed emotions" that she planned to step down at the end of March and that her tenure as FDA chief "has been the most rewarding of my career." Stephen Ostroff, the FDA's chief scientist, will fill Hamburg's position until a new commissioner is...

  • FDA spokeswoman Stephanie Yao declined to comment. Hamburg, 59, is one of the longest-serving FDA commissioners in the modern era. Stephen Ostroff, the FDA's chief scientist, will fill Hamburg's position until a new commissioner is named, said a second person familiar with the matter.

  • The CNBC Crowdfinance Vice Average Wednesday, 4 Feb 2015 | 6:00 AM ET

    This list represents the largest capital commitments raised by private U.S. companies actively listed on equity crowdfunding platforms.

  • Marlboro maker Altria's profit more than doubles Friday, 30 Jan 2015 | 12:01 PM ET

    Marlboro maker Altria's profit more than doubled in the fourth quarter on higher cigarette prices and lower costs for paying down debt.

  • NEW YORK, Jan 29- When Marty Weinstein decided to quit smoking, he took a friend's advice and tried electronic cigarettes rather than government-approved nicotine replacement products. E-cigarette makers in the United States are barred from explicitly marketing the products as smoking cessation devices, but have found ways to appeal legally to smokers who...