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    Altria Group Inc

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    • Sunday, 26 March, 2023
      Altria makes fresh bet on vaping as it tries to move beyond Juul loss

      Owner of the Marlboro brand in the US seeks to double revenues from smokeless products

      vaping devices and pods for sale in a shop
    • Saturday, 4 March, 2023
      Altria exits vaping group Juul after stake plummets in value

      Marlboro maker’s $12.8bn investment is now worth just $250mn after legal setbacks

    • Monday, 27 February, 2023
      Tobacco
      Altria nears deal to buy e-cigarette maker Njoy for at least $2.75bn

      Tobacco group targets vaping company after writing down investment in Juul

      A man smokes an electronic cigarette
    • Thursday, 10 November, 2022
      Juul Labs
      Juul secures cash bailout and cuts jobs in move to stave off bankruptcy

      Vaping company to let go of a third of workforce as it battles falling sales and regulatory woes

      Person shops for e-cigarettes
    • Thursday, 27 October, 2022
      Altria teams up with Japan Tobacco to sell smoke-free products

      Latest effort in heated tobacco follows Marlboro maker’s failure in e-cigarettes

      Japan Tobacco’s Ploom smokeless tobacco device
    • Tuesday, 6 September, 2022
      Juul Labs
      Juul to pay $438.5mn to settle underage vaping investigation by US states

      E-cigarette maker backed by Altria ‘relentlessly marketed’ products to youth, one attorney-general says

      A Juul electronic cigarette sign in the window of a convenience store in New York City
    • Thursday, 23 June, 2022
      Lex
      Altria: teen-appeal of menthol vapes means Juul is no longer minted Premium content

      Food and Drug Administration ban on sale of company’s e-cigarette products leaves stock looking cheap

      a man exhaling smoke from an electronic cigarette in Washington,
    • Tuesday, 9 November, 2021
      InterviewPhilip Morris International Inc
      Philip Morris rules out future merger with Altria

      Chief executive Jacek Olczak tells FT that chapter involving fellow tobacco group is ‘closed’

      Philip Morris chief Jacek Olczak
    • Monday, 10 May, 2021
      Executive Pay
      US investors revolt against executive pay in record numbers

      Many backlashes stem from plan changes to ensure bonuses were paid out during pandemic

    • Friday, 17 April, 2020
      Altria chief departs after Juul investment debacle

      Howard Willard, recovering from coronavirus, steps down after 28 years with tobacco group

    • Friday, 3 April, 2020
      Due Diligence
      America’s bankers: Uncle Sam picks his advisers Premium content

      Boutique Wall Street banks to oversee government aid for airline and aerospace industries

    • Thursday, 2 April, 2020
      US agency sues to unwind Altria’s $12.8bn Juul investment

      FTC alleges tobacco group and e-cigarette maker went from ‘competitors to collaborators’

    • Monday, 3 February, 2020
      Juul Labs
      Juul investors face writedowns after Altria decision

      Fidelity and Tiger Global have already cut value of stakes but may cut again

      An image shows 2015 advertising for Juul products displayed in a print magazine, in this screenshot taken by Reuters from Stanford University's archive of tobacco advertising. Only for use with Special Report JUUL-ECIGARETTE/ NO RESALES. NO ARCHIVES
    • Thursday, 30 January, 2020
      Altria slashes value of Juul stake and loosens ties

      Tobacco group takes $4.1bn writedown and ends distribution deal with e-cigarette maker

      FILE - In this Dec. 20, 2018, file photo a woman buys refills for her Juul at a smoke shop in New York. The e-cigarette maker Juul Labs said Thursday, Nov. 7, 2019, that it will halt sales of its best-selling mint-flavored vaping pods. (AP Photo/Seth Wenig, File)
    • Thursday, 31 October, 2019
      LexTobacco
      Altria/Juul: coughing up Premium content

      Until the smoke clears on the vaping regulatory front the pain is unlikely to ease

    • Thursday, 31 October, 2019
      Altria writes down Juul investment by $4.5bn

      Tobacco group’s decision comes amid increased concern about health effects of vaping

      SAN FRANCISCO, CALIFORNIA - OCTOBER 17: Juul products are displayed at Smoke and Gift Shop on October 17, 2019 in San Francisco, California. Juul announced plans to immediately suspend sales of its  fruit flavored e-cigarettes ahead of a policy by the Trump administration that is expected to ban all flavored e-cigarettes. (Photo by Justin Sullivan/Getty Images)
    • Friday, 27 September, 2019
      The FT ViewThe editorial board
      Regulators should not snuff out vaping industry

      Research shows e-cigarettes are a powerful weapon against smoking

      FILE - In this Dec. 22, 2018 file photo, a woman takes a puff from a cannabis vape pen in Los Angeles. California health officials are urging consumers to stop vaping of any kind until investigators determine why hundreds of people nationwide have been sickened after using the devices. California health officials say 90 people who have a history of vaping were hospitalized for severe breathing problems and lung damage, and two people have died. (AP Photo/Richard Vogel, File)
    • Friday, 27 September, 2019
      News in-depthJuul Labs
      The new Juul chief sent to ‘douse fire’ of vaping crisis

      Tobacco veteran KC Crosthwaite must guide e-cigarette brand through public health storm

      Altria KC Crosthwaite
    • Thursday, 26 September, 2019
      News in-depthJuul Labs
      Changes at the top of Juul Labs give tobacco veterans upper hand

      E-cigarette start-up faces legal hurdles as it grapples with backlash over vaping

      FILE - In this Aug. 28, 2019, file photo, a man exhales while smoking an e-cigarette in Portland, Maine. Walmart says it will stop selling electronic cigarettes at its namesake stores and Sam's Clubs following a string of illnesses and deaths related to vaping. The nation's largest retailer said Friday, Sept. 20 that it will complete its exit from e-cigarettes after selling through current inventory. It cited growing federal, state and local regulatory complexity regarding vaping products. (AP Photo/Robert F. Bukaty, File)
    • Thursday, 26 September, 2019
      Simon Samuels
      Just say no to destructive mergers and acquisitions

      The collapse of PMI-Altria talks is a rare bright spot amid dealmaking juggernaut

      Philip Morris, Altria composite
    • Thursday, 26 September, 2019
      Due Diligence
      Tobacco burns: a $200bn merger collapses and a CEO is ousted Premium content

      Welcome to Due Diligence, the FT’s daily deals briefing

    • Wednesday, 25 September, 2019
      LexMergers & Acquisitions
      PMI/Altria: the vape escape  Premium content

      Souring taste of Juul cuts appetite for deal 

    • Wednesday, 25 September, 2019
      E-cigarette crackdown prompts shake-up in tobacco sector

      Juul ousts CEO and suspends US ads as Philip Morris International and Altria end $200bn merger talks

      FILE - In this Dec. 20, 2018, file photo Juul products are displayed at a smoke shop in New York. Philip Morris and Altria have ended merger talks and JUUL’s CEO is stepping down from the top post as criticism over vaping continues to intensify. The companies confirmed last month that they were in discussions, more than a decade after splitting itself into two companies. (AP Photo/Seth Wenig, File)
    • Wednesday, 11 September, 2019
      Health sector
      Trump considers ban on flavoured e-cigarettes

      Health officials have increased scrutiny of vaping after lung illnesses and deaths

      A person smokes a Juul Labs Inc. e-cigarette in this arranged photograph taken in the Brooklyn Borough of New York, U.S., on Sunday July 8, 2018. Juul Labs, the maker of the popular e-cigarette brand that has recently come under fire from health officials over its popularity with young adults, plans to introduce a line of lower-nicotine pods. The company will begin to sell pods with a 3-percent nicotine concentration in its mint and Virginia tobacco flavors later this year, according to a statement Thursday. Photographer: Gabby Jones/Bloomberg
    • Friday, 30 August, 2019
      News in-depthThe Big Read
      Altria/PMI: the resilience of Big Tobacco

      The lasting value of the two Marlboro makers has surprised and dismayed public health advocates

      A person smokes a Juul Labs Inc. e-cigarette in this arranged photograph taken in the Brooklyn Borough of New York, U.S., on Sunday July 8, 2018. Juul Labs, the maker of the popular e-cigarette brand that has recently come under fire from health officials over its popularity with young adults, plans to introduce a line of lower-nicotine pods. The company will begin to sell pods with a 3-percent nicotine concentration in its mint and Virginia tobacco flavors later this year, according to a statement Thursday. Photographer: Gabby Jones/Bloomberg
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