JT Group, a Japanese tobacco company whose U.S. brands include Winston and Camel, agreed to buy Miami-based discount cigarette maker Vector Group for around $2.4 billion. Why it matters ...

"Terrible. [They] stick in one's throat." That was one smoker's dismissal of Camel cigarettes, just before taking a blind taste test in 1920s America. His usual brand, Lucky Strike, "go down easy ...

in value due to the changed outlook for brands such as Newport and Camel. The move cut the brands' worth by more than a third, and sent the company's share price down more than 8%. BAT cigarette ...