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Food and Beverage Tobacco

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  • 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...

  • 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...

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

    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...

  • 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
    Reynolds America CEO: Fantastic Q4

    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
    Casino gambling

    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
    Altria

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

  • Here's what $100 gets you in Cuba Thursday, 22 Jan 2015 | 4:21 PM ET
    A woman lights a hand-rolled cigar.

    New rules allow U.S. travelers to bring back $100 worth of rum and cigars from Cuba. So how far does $100 bucks go in Havana?

  • Smoking costs up to $2M over your life: Report Thursday, 22 Jan 2015 | 11:01 AM ET
    Tobacco smoking cigarette

    Smoking costs the average smoker at least $1.1 million over a lifetime, according to a new analysis, as reported by the Detroit Free Press.

  • Tobacco up nearly 6% this year Wednesday, 21 Jan 2015 | 12:51 PM ET
    Tobacco up nearly 6% this year

    CNBC's Morgan Brennan reports on the positive moves in tobacco stocks.

  • More smokers, hoping to quit, turn to vaporizers Monday, 5 Jan 2015 | 12:03 PM ET
    Ilona Orshansky, owner of Brooklyn Vaper, uses a vaporizer, also known as an e-cigarette, in her shop in the Brooklyn borough of New York.

    Curious consumers and smokers hoping to kick the cigarette habit are pushing the growth of vaping.

  • Year of the 'vape?' Monday, 5 Jan 2015 | 7:19 AM ET
    Year of the 'vape?'

    Vaporizers allow marijuana and nicotine users to consume discreetly with no odor, reports CNBC's Kate Rogers.

  • Smoke 'em if you got 'em: Cuban cigars are coming Friday, 19 Dec 2014 | 12:39 PM ET
    Cuban cigar production at the H. Upmann cigar factory in Havana.

    U.S. smokers and cigar companies are welcoming the prospect of being able to get their hands on "Cubans" openly.

  • And the No. 1 cigar for 2014 is..... Thursday, 18 Dec 2014 | 10:54 AM ET
    And the No. 1 cigar for 2014 is.....

    David Savona, Cigar Aficionado executive editor, reveals the number one cigar of 2014 and discusses how Cuban cigars could impact the industry.

  • Viva cigars! Easing of Cuba trade would be 'huge' Wednesday, 17 Dec 2014 | 11:38 AM ET
    A woman smokes a cigar during the XVI Havana Cigar Festival in Havana last February.

    The end of the embargo is big news for cigar lovers, but it's not likely that Americans will be firing up right away.