North Carolina, USA, is catching up with a lot of other American states in collecting less tax revenue on cigarettes and other forms of tobacco. In the first nine months of fiscal 2013, which began in Read More
Staff Writer
April 19, 2013
Cigar makers are trying to snuff out an effort by the Food and Drug Administration to regulate their products for the first time. The FDA said in its regulatory agenda for the year that it Read More
Staff Writer
April 19, 2013
Wanna make a quick $1,944,000? Buy a truckload of cigarettes in Virginia and sell them in New York. Yeah, it’s illegal. But that’s how much can be made from selling a tractor trailer’s Read More
Staff Writer
April 18, 2013
A bill to bar millions of Californians from smoking inside their own homes was rejected Wednesday by an Assembly committee. Assembly Bill 746 would have made California the first state to venture into personal bedrooms and Read More
Staff Writer
April 18, 2013
The first quarter of 2013 has come and gone, and with it, a UBS-CSP survey of a variety of convenience store operators–whose sizes ranged from one store location to more than five hundred—on a Read More
Staff Writer
April 18, 2013
Tobacco giant Philip Morris International Inc. Thursday reported a decline in first-quarter profit, reflecting higher costs. Meanwhile, earnings per share improved from last year. The company also lowered its full-year 2013 earnings outlook for prevailing exchange Read More
Staff Writer
April 18, 2013
Mac Baren Tobacco Co., a 125-year-old pipe tobacco company based in Denmark, has reached an agreement with Altadis USA to purchase the company’s pipe tobacco division located in Richmond, Va, according to a story Read More
Staff Writer
April 17, 2013
Philip Morris International Inc., which sells Marlboro and other brands abroad, is expected to report higher profit and revenue when it releases its first-quarter results before the market opens on Thursday. Whether cutting costs and Read More
Staff Writer
April 17, 2013
Pakistan is losing 17 billion Pakistani rupees ($175.8 million) per annum due to the illicit cigarette trade, which represents about 26.7 percent of total cigarettes consumed in terms of volume. According to a research paper compiled by the Read More
Staff Writer
April 17, 2013
It could be hard to believe but careless smokers ended up causing more than 2,410 fire accidents and several crores-worth of property loss in the last seven years in the Hyderabad, Andhra Pradesh. A study by Read More
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