Futures plunged after a report showed the unemployment shot up to a five-year high in August, adding anxiety to a market already jittery about the outlook for the economy.

Futures plunged after a report showed the unemployment shot up to a five-year high in August, adding anxiety to a market already jittery about the outlook for the economy.

Altria Group is in advanced talks to buy UST, the maker of the popular Skoal and Copenhagen smokeless tobacco brands, for more than $10 billion, the NYT reported.

Altria Group Thursday posted quarterly profit that slightly beat analysts estimates and said market share for its Philip Morris USA unit's cigarettes rose.

The U.S. Supreme Court said Monday that it would hear a Philip Morris USA appeal seeking to overturn a $79.5 million punitive damages award won by the widow of a longtime Oregon smoker.

U.S. stocks soared more than 200 points Friday, led by financials and tech.  CNBC asked the market experts how investors can best ride this rally.

Shares of Philip Morris International, the world's largest non-state-owned cigarette maker, rose as much as 5 percent Monday morning in their first day of trading after the company was spun off from Altria Group.