Saturday, March 25, 2023

All posts tagged "Tobacco"

  • New York puts UPS’s culture on trial in $873M cigarette case

    NEW YORK — UPS was supposed to be looking for clues its brown trucks were being used to illegally transport untaxed cigarettes from upstate Indian reservations to customers throughout the state, but instead it turned a blind...

    • Posted November 1, 2016
  • $47 Billion Offer to Create World’s Biggest Tobacco Company

    LONDON — British American Tobacco is offering to buy Reynolds American Inc. in a $47 billion deal that would create the world’s largest publicly traded tobacco company and attempt to make up for a decline in smoking...

    • Posted October 21, 2016
  • Jury: Smokers didn’t Prove Marlboros have Defective Design

    BOSTON – A federal jury has rejected claims by a group of Massachusetts smokers who sued Philip Morris USA to try to force the cigarette maker to pay for lung cancer screenings. The jury in its verdict...

    • Posted February 11, 2016
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  • Reynolds American 4Q Profit Jumps, but Misses Forecasts

    NEW YORK – Cigarette maker Reynolds American’s fourth-quarter profit shot up 89 percent compared to the final quarter of 2014, when earnings fell due to some one-time costs. The parent of Camel and Pall Mall cigarette maker...

    • Posted February 11, 2016
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  • Altria 4Q Revenue Improves, Plans Job Eliminations

    RICHMOND, Va. – Altria’s fourth-quarter revenue improved thanks partly to higher tobacco product pricing, and the company announced a plan to reduce costs that includes job eliminations. The owner of Philip Morris USA, the nation’s largest cigarette...

    • Posted January 28, 2016
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  • Court Overturns Tobacco Company Victory over FDA on Menthols

    WASHINGTON – A federal appeals court has ruled that tobacco companies had no basis to challenge a Food and Drug Administration report on menthol cigarettes, which the industry alleged was written by experts with conflicts of interest....

    • Posted January 15, 2016
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