SACRAMENTO, Calif.— Democratic lawmakers advanced a package of tobacco regulation bills on Thursday, reviving proposals that earlier stalled in the Legislature amid opposition from tobacco companies. The measures approved by the Senate do not include a pending proposal to raise California's cigarette tax by $2 per pack from the current 87 cents.» Read More
Lorillard is trading higher after a Goldman upgrade. Fast Money traders Pete Najarian and Josh Brown debate their position on the tobacco company.
Los Angeles is the latest city to restrict the use of e-cigarettes in public places. Miguel Martin, Logic Technology Development president, says the e-cigarette business is currently $2 billion, and discusses how the big players are handling regulations.
Smoke breaks may be costing employers more than they think, with U.K. businesses losing around $14.50 billion a year, according to a new study.
A merger between Reynolds American and Lorillard would have benefits in their domestic market. It could also kick off more deals overseas.
Elaine Coverley, head of equity research at Brewin Dolphin, says companies are taking advantage of the uncertain regulation in the e-cigarette sector by advertising.
Dave Dorman, CVS Caremark chairman of the board, weighs in on why he is not "surprised" by the weak jobs number, and defends his company's decision to stop selling tobacco products to customers at CVS.
Richard Fisher, Federal Reserve Bank of Dallas president, weighs in on the weak jobs number and the likelihood of the Fed interrupting its tapering program. Also Dave Dorman, CVS Caremark chairman of the board, weighs in on the employment picture.
Stacey Widlitz, SW Retail Advisors, looks at who will profit from CVS's decision to stop the sale of tobacco products.
Beginning October 1st, CVS will no longer sell tobacco products in any store. NBC's Tom Costello reports CVS wants to be an extension of your doctor's office.
CNBC's Jim Cramer explains why he thinks CVS' move to end tobacco sales could only work in a fantasy world.
Beginning October 1st, CVS will no longer sell tobacco products in any store. NBC's Tom Costello reports the retailer could no longer reconcile the contradiction of promoting health while selling tobacco products.
CVS Caremark says it will stop selling tobacco products, making it the first major pharmacy retailer to voluntarily do so.
Scott Mushkin, Wolfe Research analyst, explains why the decision not to sell tobacco products is a good move by CVS.
A look at how the decision to pull cigarettes from their shelves will impact CVS stock, with Nik Modi, RBC analyst.
NBC's Tom Costello reports the latest details on the decision from CVS to remove tobacco products from their stores.
Tobacco companies that split apart to protect investors from litigation may consider reuniting, especially BAT and Reynolds American.
British American Tobacco will soon be free to build on its 42 percent stake in Reynolds American Inc. But bankers say British American could also take interest in U.K. rival Imperial Tobacco Group if it can overcome antitrust hurdles in Europe. CNBC's John Jannarone explains.
Miguel Martin, LOGIC Technology president, discusses the proposed legislation that would ban electronic cigarettes from restaurants, offices, and parks. Martin also addresses if there are chemicals in e-cigarettes.
Kevin Frija, CEO at Vapor Corp, says the FDA is unlikely to ban e-cigarettes but that regulations are needed "for clarity". Growth will continue even if they're treated as traditional cigarettes, he argues.
Cigar Aficionado just unveiled its No. 1 cigar of 2013 on CNBC, and it's beyond the reach of law-abiding U.S. citizens.