tobacco

Marlboro Maker Moves Into E-Cigarettes

Altria Group said last week that it plans to roll out an e-cigarette later this year, as it tries to catch up to rivals like Lorillard who already have products on the market.

Whoa, Smoking! FDA Has Put the Brakes on New Tobacco Products

Tobacco companies have introduced almost no new cigarettes or smokeless tobacco products in the U.S. in more than 18 months because the FDA has prevented them from doing so -- an unprecedented pause for an industry that historically has introduced dozens of new products annually.

Do Smokers Know How Much They Spend on Cigarettes?

Cigarettes have only gotten more and more expensive over the past decade as nearly every state has pushed taxes upward. But the habit hits our wallets in a series of small purchases: Are smokers really aware of quite how much they spend a year? We hit the streets of Manhattan to ask.

Will Spray Nicotine Be the Next Quit-Smoking Fad?

Tobacco giant Philip Morris International has just bought the rights to a new technology for delivering nicotine in a aerosol spray. The upside: Nicotine addicts get their fix without all the toxins associated with smoking. The downside: It'll be at least three years before it hits the market.

10 Highest Dividend Stocks of the S&P

The S&P 500 is one of the most followed stock market index in the world. Mutual fund managers benchmark their returns against it, yet somehow the vast majority underperform the index every year. Many dividend investors choose to ignore the index, and instead focus on its components.

As More Homes Become Smoke-Free, Fewer Children Get Ear Infections

The message about the dangers of secondhand smoke and the importance of providing smoke-free homes has paid off. Fewer children visited a doctor or a hospital for ear infections in the 13 years of research from Harvard School of Public Health and the TobaccoFree Research Institute Ireland.

Big Tobacco's Courtroom Winning Streak Ends in Florida

The industry just lost an $80 million verdict to a smoker's daughter. After losing about a dozen earlier cases, tobacco had won the eight decisions right before this one, suggesting that it had figured out how to win. But the latest plaintiff victory dispels that notion.

FDA Sends Warning Letters to Electronic Cigarette Makers

The FDA issued warning letters to five electronic cigarette distributors, saying the products are being marketed illegally as safer alternatives to smoking and even as smoking-cessation aids. The agency says they must seek FDA approval in order to continue making those claims.

Legal Briefing: More Cases Under the Foreign Corrupt Practices Act

Foreign subsidiaries of two American tobacco companies pled guilty to charges of bribing foreign countries. Units of Alliance One Int'l, a N.C.-based global tobacco leaf company, admitted bribing Thai and Kyrgyz officials and will pay $9.25 million in fines and disgorge $10 million in profits.

Voters Support a $1 Increase in Cigarette Tax

A new nationwide poll finds that two-thirds of U.S. voters support a $1 increase in tobacco taxes per pack. The tax could raise more than $9.1 billion in new annual revenue for states, says the report released by a coalition of public health organizations claims.