The maker of Lucky Strike and Pall Mall cigarettes says its smoking business in the US is dying out. British American Tobacco (BAT) wrote off £25bn ($31.5bn) in value due to the changed outlook ...
British tobacco giant Imperial Brands announced Tuesday a rise in annual profit as strong demand for vapes helped to offset falling sales of traditional cigarettes.
Altria is facing a new lawsuit from the Federal Trade Commission, which alleges that the cigarette giant violated antitrust laws when it bought a 35% stake in its competitor, e-cigarette startup Juul.