Big Tobacco Rethinks Its Smoking Addiction

[ad_1] Maybe an unpleasant shock is what’s needed to get serious about quitting cigarettes. British American Tobacco has been caught off guard by how fast U.S. smokers are abandoning tobacco…

Lucky Strike Maker to Take $31.5 Billion Charge on U.S. Brands

[ad_1] Updated Dec. 6, 2023 8:04 am ET British American Tobacco said it would take an impairment charge of $31.5 billion as sales of its cigarette brands fall in the…

Big Tobacco Can No Longer Name Its Price

[ad_1] America’s cigarette market is in flux, and new smoking habits threaten to singe makers of pricey brands the most.   One of the attractions of investing in tobacco stocks has…

Tobacco Company BAT Pleads Guilty to Violating U.S. Sanctions on North Korea

[ad_1] U.K.-based maker of Lucky Strikes to pay $635 million to resolve charges. [ad_2] Source link

The Battle for America’s Smokers Is Heating Up

[ad_1] Markets Heard on the Street U.S. cigarette volumes fell sharply last year as smokers cut back to save cash. Tobacco giants Altria and BAT also have a new rival…

Bargain-Hunting Smokers Give Big Tobacco a Headache

[ad_1] Markets Heard on the Street Cheaper cigarette brands are taking market share from large rivals like BAT and Altria as smokers look for ways to save cash [ad_2] Source…