Food & Beverage Tobacco

  • Nov 15- The U.S. Food and Drug Administration on Thursday announced sweeping new restrictions on flavored tobacco products, including electronic cigarettes popular among teenagers in an effort to prevent a new generation of nicotine addicts. The FDA also plans to seek a ban on menthol cigarettes, a longtime goal of public health advocates, as well as flavored...

  • Nov 13- Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products. In a statement on Tuesday, Juul Chief Executive Kevin Burns said the company wants to be "the off-ramp for adult smokers to switch...

  • Nov 13- Juul Labs Inc, the U.S. market leader for electronic cigarettes, said Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products. The FDA in September threatened to ban Juul and four other leading e-cigarette products unless their makers took steps to prevent...

  • Fontem Ventures, a unit of tobacco company Imperial Brands, says it will raise the minimum age requirements to buy nicotine pods on its website to 21 regardless of where consumers are shopping.

  • Brenda Wisehart smokes a menthol cigarette in front of a Quick Stop store.  

    FDA Commissioner Dr. Scott Gottlieb plans to announce this week the agency will move forward with a ban on menthol cigarettes, senior FDA officials told CNBC last week. 

  • U.S. stocks opened lower on Monday, as a slide in Apple Inc after weak forecasts from two of its suppliers and losses in tobacco companies offset early gains from a rebound in oil prices. The Dow Jones Industrial Average fell 29.97 points, or 0.12 percent, at the open to 25,959.33. The S&P 500 opened lower by 7.08 points, or 0.25 percent, at 2,773.93.

  • Juul Labs' e-cigarette flavored pods. Each pod delivers around 200 puffs, with a 5 percent nicotine weight, and is available to purchase in packs of four.  

    E-cigarette manufacturer Juul will stop selling fruity flavors like mango and cucumber from brick and mortar stores in response to the Food and Drug Administration's request to curb "epidemic" levels of teen vaping.

  • The FDA also will introduce stricter age-verification requirements for online sales of e-cigarettes. There has been mounting pressure for action after preliminary federal data showed teenage use had surged by more than 75 percent since last year, and the FDA has described it as an "epidemic". The FDA gave Juul and four big tobacco companies 60 days to submit...

  • The FDA also will introduce stricter age-verification requirements for online sales of e-cigarettes. There has been mounting pressure for action after preliminary federal data showed teenage use had surged by more than 75 percent since last year, and the FDA has described it as an "epidemic". The FDA gave Juul and four big tobacco companies 60 days to submit...

  • Tobacco smoking cigarette

    An estimated 14 percent of adults in the U.S., or 34.3 million people, smoked cigarettes in 2017, according to the Centers for Disease Control and Prevention.

  • Juul's e-cigarettes have gotten a bad rap as federal officials question whether their popular candy flavors are responsible for a spike in teen use. Anecdotal evidence suggests some adults use the nicotine pods as they were intended: to quit smoking.

  • Teenage visitors smoking electronic cigarettes at a vape trade fair. 

    Food and Drug Administration Commissioner Scott Gottlieb has met with Juul and four other e-cigarette makers after instructing them to fix what he has labeled "epidemic" levels of teen use of their products.

  • Signs in the window of the Smoke Depot advertise electronic cigarettes and pods by Juul, the nation's largest maker of e-cigarette products, on September 13, 2018 in Chicago, Illinois. 

    Juul spent half a million dollars on lobbying last quarter — up 167 percent from the previous quarter — as regulators weigh restrictions on the industry to stem a surge in teens using the devices.

  • *IQOS growth in Japan market share stagnates lately. TOKYO, Oct 23- Philip Morris International Inc released cheaper versions of its IQOS "heat not burn" products in Japan on Tuesday as it tries to revive sales and ward off competition from other alternatives to conventional cigarettes. As regular e-cigarettes with nicotine-laced liquid are effectively...

  • Philip Morris International's iQOS 3 Multi lets consumers use the device 10 times before needing to charge it.

    Philip Morris will soon launch two new iQOS products. iQOS, a device that heats tobacco instead of burning it, is a key part of what the tobacco giant bills as its future beyond cigarettes. 

  • A pack of Philip Morris Marlboro brand cigarettes.

    The Marlboro-maker's "Hold My Light" campaign claims to be a "new way to give up cigarettes," and links to a website where smokers can have friends commit to help them quit. Charity Cancer Research U.K. called the campaign "staggering hypocrisy."

  • Young Man Lighting Cigarette

    Teen cigarette smoking rates are on the rise. Critics have warned a surge in vaping may cause nicotine-addicted kids to migrate to conventional cigarettes.  

  • A person smokes a Juul Labs e-cigarette in this arranged photograph taken in the Brooklyn, New York.

    Regulators are considering prohibiting some e-cigarette sales in convenience stores and confining them to vape shops, Food and Drug Administration Commissioner Scott Gottlieb tells CNBC.

  • *European Commission says Italy budget in breach of EU rules. NEW YORK, Oct 18- U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia, further denting investors' appetite for risk amid global...

  • *European Commission says Italy budget in breach of EU rules. NEW YORK, Oct 18- U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia. Italian bond yields jumped after the European Commission...