Altria and Philip Morris International are in talks to recombine as they confront slowing cigarette sales and competition from e-cigarettes. Source: NYT > Business –
Philip Morris and Altria Are in Talks to Merge
With Altria’s investment in Juul, a combination of the tobacco giants would dominate the international market for e-cigarettes. Source: NYT > Business – Sheila Kaplan
Philip Morris and Altria in Talks to Merge in Bid for Vaping Market
Investors have long speculated that the tobacco companies would reunite, given mounting pressure from declining cigarette sales and the need for other sources of revenue. Source: NYT > Business – Reuters
Scientists Wanted: Recruited by Juul, Many Researchers Say No
Juul needs good science to prove to the F.D.A. that its e-cigarettes offer more benefits than risks. Some researchers say they are loath to take the company’s money. Source: NYT > Business – Sheila Kaplan
F.D.A. Approves IQOS, a New Tobacco Device
The agency said the “heat-not-burn” tobacco device was an alternative to traditional cigarettes. Source: NYT > Business – SHEILA KAPLAN
Kentucky’s Senator McConnell Supports Bill to Raise Minimum Age to Buy Tobacco to 21
Seeking re-election to a seventh term, the senator cited the rise in teenage vaping as a reason to curtail sales of tobacco and other products. Source: NYT > Business – SHEILA KAPLAN