Tobacco Stocks Drop as U.S. May Curb Nicotine in Cigarettes
Tobacco stocks plunged after a report said the U.S. government may only allow cigarettes with nicotine levels so low they’d no longer be addictive, and may also move to ban menthol. The U.S. Food and Drug Administration is expected to rule on menthol cigarettes by the end of the month under pressure from a deadline...