Tag: WSJ

  • PMI Named Among ‘Best Companies for the Future’

    PMI Named Among ‘Best Companies for the Future’

    Philip Morris International Inc. was named to the inaugural WSJ Leadership Institute “Best Companies for the Future” ranking, placing No. 97 overall among S&P 500 companies and third in the Food, Beverage & Tobacco sector behind Coca-Cola and PepsiCo. Compiled by Bendable Labs, the ranking evaluates companies across six areas: AI readiness, innovation, talent readiness, financial fitness, resilience, and agility.

    PMI said the recognition reflects its transformation into a consumer goods company focused on smoke-free products, supported by investments in science, innovation, and organizational capabilities. Group CEO Jacek Olczak said the ranking highlights the company’s progress in adapting to changing consumer preferences and advancing its long-term smoke-free strategy. PMI also noted that its flagship heated tobacco brand, IQOS, was recently named to Kantar’s BrandZ 2026 Most Valuable Global Brands ranking.

  • PMI-WSJ Study Highlights Human Value in AI-Driven Workplace

    PMI-WSJ Study Highlights Human Value in AI-Driven Workplace

    Philip Morris International and WSJ Intelligence, the in-house thought leadership consultancy for The Wall Street Journal’s commercial sales organization, today (June 23) unveiled preliminary findings from a global study suggesting that uniquely human capabilities will become increasingly valuable as artificial intelligence becomes more deeply embedded in the workplace. Based on a survey of more than 2,500 business professionals across the United States, the United Kingdom, Italy, South Africa, and Brazil, the research found that while AI adoption is accelerating, professionals continue to place greater trust in human judgment for strategic and creative decisions.

    The study found that 83% of respondents use AI for research and information synthesis on a weekly basis, but only 57% report a high level of trust in its outputs. When AI-generated recommendations conflict with human insights, 62% said human intuition should remain the final authority. Respondents identified critical thinking as the most important workplace skill but also the one most at risk of erosion through overreliance on AI, while creative empathy and adaptability were cited as the human capabilities expected to gain the most importance over the next three years.

    The research also highlighted a divide in AI proficiency and trust between senior executives and entry-level employees, with C-suite leaders reporting significantly higher levels of expertise and confidence in AI tools. PMI said the findings support its view that human cognition should be treated as a strategic business resource as companies increasingly integrate AI into their operations, with a full report scheduled for release in September.

  • FDA Authorizes Juul E-Cigarettes in Tobacco and Menthol Flavors

    FDA Authorizes Juul E-Cigarettes in Tobacco and Menthol Flavors

    Today (July 17), the U.S. Food and Drug Administration (FDA) issued marketing granted orders (MGOs) for Juul Labs’ original e-cigarette device and refill cartridges in tobacco and menthol flavors.

    As part of its 2020 application, Juul submitted over 110 scientific studies to FDA covering nonclinical, clinical, and behavioral science. Following rigorous evaluation of the data, FDA decided that an MGO for the Juul System was “appropriate for the protection of public health” – the standard required by statute for authorization.

    “Today’s FDA authorization of Juul products marks an important step toward making the cigarette obsolete,” company CEO K.C. Crosthwaite said in a statement. “More than 2 million adult Americans have switched completelyaway from deadly cigarettes using Juul products. Meanwhile, underage use of our products is down 98% since 2019, to one-half of one percent of youth. 

    “We strongly support FDA’s role in regulating tobacco and nicotine products. Americans who use nicotine deserve an orderly, reliable market in which they can confidently choose from a wide array of smokefree nicotine products that are high-quality, innovative, backed by rigorous research, made in FDA-inspected manufacturing facilities, and marketed and sold responsibly.”

    The approval marks a major reversal after the FDA banned Juul’s products in 2022, citing concerns over public health. That decision was quickly stayed following an appeal by the company and formally rescinded in June 2024. During this time, Juul products remained on the market.

    “The decision follows wider expectations in the industry that the Trump Administration would ease regulatory hurdles for launching new vapes and other smoking alternatives,” Emma Rumney wrote for Reuters. “Some companies have seen FDA applications for new nicotine products languish for years or, like Juul, faced rejections that were challenged in court.”

    The approval breathes new life into Juul, which had faced regulatory roadblocks and financial turmoil after the initial ban. It also potentially signals a broader shift in FDA oversight, as the agency faces growing pressure over delays in product reviews and the proliferation of unauthorized nicotine products in the market. Juul’s authorization is seen as a potential bellwether for other pending applications in the vaping industry, the WSJ suggested.