Food and Beverage Tobacco

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  • Smoking cigarette

    U.S. tobacco users spend more than $320 billion a year on cigarettes and health care for smoking-related illnesses, according to a study.

  • A GlaxoSmithKline logo sits on a sign outside the company's headquarters in London.

    A former researcher says the pharma giant fired him for raising red flags about statistical problems in tobacco-cessation studies.

  • The "Fast Money" traders deliver their final trades of the day.

  • e-cigarette

    E-cigarette makers are pouring millions of dollars into advertising their wares and teenagers are getting the message loud and clear. NBCNews reports.

  • The marketing strategy could reverse decades of progress in preventing tobacco use among youth, warned the U.S. Centers for Disease Control and Prevention, which suggested tighter controls on e-cigarette sales to reduce minors' access. Spending on e-cigarette advertising also jumped, increasing to an estimated $115 million in 2014 from $6.4 million in...

  • The marketing strategy could reverse decades of progress in preventing tobacco use among youth, warned the U.S. Centers for Disease Control and Prevention, which suggested tighter controls on e-cigarette sales to reduce minors' access. The CDC's National Youth Tobacco Survey found that 68.9 percent of middle- and high-school students saw e-cigarette ads...

  • LUXEMBOURG/ LONDON, Dec 23- An adviser to Europe's highest court said an EU law on cigarettes was valid, rebuffing a challenge from Philip Morris International and British American Tobacco, though the court still has to deliver a final ruling. The opinion, if adopted by the court in Luxembourg, would be a blow to Big Tobacco companies, which had lobbied vigorously...

  • SYDNEY, Dec 18- A Singapore- based court has refused a challenge by Philip Morris to Australia's landmark plain packaging legislation passed in 2011, which the tobacco giant had brought under a bi-lateral trade treaty with Hong Kong, the company said. Philip Morris blasted the ruling, saying that Australia had exploited procedural issues to avoid an open...

  • SYDNEY, Dec 18- A Singapore- based court has refused a challenge by Philip Morris to Australia's landmark plain packaging legislation passed in 2011, which the tobacco giant had brought under a bi-lateral trade treaty with Hong Kong, the company said. The Permanent Court of Arbitration declined on jurisdictional grounds to allow the case to proceed,...

  • LONDON, Dec 15- Imperial Tobacco Group plans to drop "tobacco" from its name and call itself Imperial Brands, which is more in keeping with its business now, it said on Tuesday. Imperial's portfolio spans cigarettes, including Gauloises and Davidoff, the Tabacalarea cigar business, the Fontem Ventures e-cigarette business and the Logista logistics business.

  • THE HAGUE, Dec 11- Electronic cigarettes and water pipes will be banned in the Netherlands for children under 18 from next year, the government said, after finding that the devices were more damaging to health than expected. Tobacco companies, including BAT, Philip Morris, Imperial Tobacco and Japan Tobacco, are all jostling for position in the emerging vaping...

  • Companies including Philip Morris International, British American Tobacco, Japan Tobacco International and Imperial Tobacco Group are challenging the legislation because it will prohibit all forms of branding on tobacco packaging, including colors and logos. "Smoking is catastrophic for your health and kills over 100,000 people every year in the UK," said...

  • LONDON, Dec 10- Big Tobacco took the British government to court on Thursday, arguing that the UK's "plain packaging" law which will take effect next May, unlawfully takes away its intellectual property. Companies including Philip Morris International, British American Tobacco, Japan Tobacco International and Imperial Tobacco Group are challenging the...

  • MOSCOW, Dec 7- Russia is considering a bill to raise the legal smoking age to 21 from 18 as part of an ongoing drive to improve public health in a nation of heavy smokers. Japan Tobacco Inc, Philip Morris International, British American Tobacco and Imperial Tobacco together control 90 percent of the $16 billion Russian cigarette market, based on 2014 results,...

  • Dec 3- Dollar General Corp, the No.2 U.S. discount retailer by store count, reported a 7.3 percent rise in quarterly net sales, helped by higher demand for items such as candy, snacks and tobacco products. The company's net income rose to $253.3 million, or 86 cents per share, in the third quarter ended Oct. 30 from $236.3 million, or 78 cents per share, a year earlier.

  • The Brazilian real strengthened 0.5 percent despite data showing Brazil's economy contracted for the third quarter in a row, deepening the country's worst recession in 25 years. Brazil's benchmark Bovespa stock index retreated 0.1 percent before a key vote in Congress to lower the government's fiscal target for this year. Commercial real estate firm BR...

  • *Sees savings of $1.4 bln from SABMiller takeover. BRUSSELS/ LONDON, Nov 11- Anheuser-Busch InBev, the world's biggest brewer, launched its $100 billion- plus offer for nearest rival SABMiller on Wednesday and agreed to sell the latter's stake in U.S. venture MillerCoors to help win regulatory approval. AB InBev has also reached an agreement to sell SABMiller's 58...

  • Stockholm- based Swedish Match can sell eight new products of a smokeless tobacco known as "snus" under its "General" brand, the FDA said on Tuesday. The FDA's ruling allows Swedish Match to sell the products. To make that claim the company needs separate approval from the FDA.

  • Nov 4- The Illinois Supreme Court on Wednesday threw out a $10.1 billion verdict against Philip Morris USA in a long-running lawsuit accusing the Altria Group Inc unit of misleading smokers about the health risks of "light" cigarettes. By a 4-2 vote, the court said lower-level state courts lacked authority under Illinois law to reimpose the verdict first...

  • No e-cigarettes in checked bags

    The Department of Transportation will no longer allow airplane passengers to pack battery-powered portable electronic smoking devices in checked luggage due to a fire hazard.