Food and Beverage Tobacco

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  • The lawsuit brought by subsidiaries of Imperial Tobacco Group, Reynolds American Inc and Altria against the FDA in the U.S. District Court for the District of Columbia is the second this year over the directive. Tobacco companies withdrew an earlier lawsuit in June after the FDA said it would hold off on enforcement actions while it considered additional...

  • Sept 29- Attorneys general of 33 U.S. states, including New York's Eric Schneiderman, urged the Food and Drug Administration to ensure health warning labels on nicotine-containing liquids and other novel tobacco products. The letter cited a survey in which 87 percent of adult respondents supported FDA requirements for child-resistant packaging for all...

  • Reynolds to sell some brand rights for $5B Tuesday, 29 Sep 2015 | 7:15 AM ET

    U.S. cigarette maker Reynolds American said it would sell the rights to the Natural American Spirit brand to Japan Tobacco for about $5 billion.

  • TOKYO, Sept 29- Japan Tobacco Inc is in the final stages of talks to buy Reynolds American Inc's Sante Fe Natural Tobacco unit for about $5 billion, aiming to reach an agreement this week, the Nikkei business daily reported on Tuesday. Officials at Japan Tobacco and Reynolds American were not immediately available for comment. With the purchase of Sante Fe, JT hopes...

  • *JT in talks to buy assets worth about $5 bln- Bloomberg. *Talks in advanced stage but could still fall apart- Bloomberg. Sept 24- Japan Tobacco Inc is in advanced talks to buy assets worth about $5 billion from Reynolds American Inc, including some of the Natural American Spirit tobacco brand, Bloomberg reported on Thursday.

  • Sept 18- Anheuser-Busch InBev SA reached out to SABMiller Plc's largest shareholder, Altria Group Inc, before making a takeover approach, Bloomberg reported. Cigarette maker Altria, which owns a 27 percent stake in SABMiller, has signaled it is open to considering a proposal, depending on the terms, the report said, citing people familiar with the matter.

  • Sept 18- Anheuser-Busch InBev SA reached out to SABMiller Plc's largest shareholder, Altria Group Inc, before making a takeover approach, Bloomberg reported. Cigarette maker Altria, which owns a 27 percent stake in SABMiller, has signaled it is open to considering a proposal, depending on the terms, the report said, citing people familiar with the matter.

  • NEW YORK, Sept 16- A federal judge said New York State and New York City may pursue a lawsuit accusing United Parcel Service Inc of illegally delivering more than 683,000 cartons of untaxed cigarettes in the state, depriving them of millions of dollars in taxes. District Judge Katherine Forrest in Manhattan rejected UPS' argument that the lawsuit, which sought...

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev, the world's largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world's beer. A merged group would have a market value of around $275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's of Africa, both...

  • NEW YORK, Sept 16- A federal judge said New York State and New York City may pursue a lawsuit accusing United Parcel Service Inc of illegally delivering more than 683,000 cartons of untaxed cigarettes in the state, depriving them of millions of dollars in taxes. District Judge Katherine Forrest in Manhattan rejected UPS' argument that the lawsuit, which sought...

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev has approached rival SABMiller about a takeover that would form a brewing colossus producing a third of the world's beer. A merged group would have a market value of around $275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's dominance in Africa, both...

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev has approached rival SABMiller about a takeover that would form a brewing colossus which makes around a third of the beer consumed globally. Belgium's AB InBev- the world's biggest brewer- makes Budweiser, Stella Artois and Corona, while Britain- based SABMiller- the No. 2 player- owns Peroni, Grolsch and Pilsner...

  • E-cigs 'gateway' drug to ... real cigarettes? Tuesday, 8 Sep 2015 | 12:59 PM ET
    A woman smoking an e-cigarette

    Young people who smoke electronic cigarettes are much more likely to smoke tobacco ciggies within a year than their peers.

  • Has the traditional cigarette burned out? Monday, 7 Sep 2015 | 7:09 AM ET
    Cigarette

    The chief executive of Philip Morris told CNBC he wants their lines of e-cigarettes eventually to outsell traditional smokes.

  • CHICAGO, Sept 3- CVS Health Corp said on Thursday its decision to stop selling tobacco products last year led to a 1 percent decrease in cigarette sales in some states where the drugstore chain has a sizeable presence. The September 2014 decision hurt sales, with general merchandise revenue at CVS pharmacies open at least a year falling 7.8 percent in the second...

  • "The FDA's job is to ensure tobacco products are not marketed in a way that leads consumers to believe cigarettes with descriptors like' additive-free' and' natural' pose fewer health risks than other cigarettes, unless the claims have been scientifically supported," Mitch Zeller, director of the FDA's tobacco products division, said in a statement.

  • FDA warns 3 tobacco product makers over labeling Thursday, 27 Aug 2015 | 1:25 PM ET

    This is the first time the FDA has pulled up companies for marketing tobacco products with "modest-risk" claims that are not backed by scientific evidence ratified by the health regulator. The Family Smoking Prevention and Tobacco Control Act of 2009 requires a company to get its modified risk tobacco product application approved by the FDA before claiming a...

  • Aug 27- Dollar General Corp, the No.2 U.S. discount retailer by store count, reported a better-than-expected rise in quarterly profit, helped by strong demand for candy, snacks and tobacco products. Dollar General had about 12,000 stores as of May 1. Dollar General, which has said that it would speed up store openings this year, on Thursday reiterated the full-year...

  • Should doctors prescribe e-cigarettes? Wednesday, 19 Aug 2015 | 8:38 AM ET

    E-cigarettes could be prescribed as part of the UK's National Health Service as they are around 95% less harmful than smoking, health officials say.

  • LONDON, Aug 19- Health officials in Britain have for the first time endorsed e-cigarettes, saying they are 95 percent safer than tobacco equivalents and even suggesting doctors should be able to prescribe the "game-changing" devices to smokers trying to quit. Governments from California to India have tried to regulate their use more strictly, many fearing they...