Tag - Bloomberg

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...

Big Tobacco asks regulator to convince people nicotine isn’t that bad

Marlboro cigarettes maker Altria Group wants to enlist an unlikely partner in convincing consumers that nicotine isn’t as bad as they think - its regulator. The company asked the US Food and Drug Administration to tackle misperceptions about nicotine as part of a proposed $US100 million ($130 million) advertising campaign to reduce the harm caused...