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Phillip Morris and Altria’s tobacco mega-merger goes up in smoke as Juul struggles with vaping backlash
The proposed merger of the two tobacco giants would've been the biggest since AT&T's big for Time Warner in 2016.
Philip Morris is discussing a blockbuster merger with Altria as more people trade cigarettes for vapes
A merger between PMI and Altria would bring the two companies back together more than a decade after they split.
Juul’s 1,500 employees may receive million-dollar bonuses this holiday season after the company’s recent $12.8 billion funding round
According to a report from CNBC, $2 billion of Juul's recent $12.8 billion funding round will go toward employee bonuses.
Tobacco giant Reynolds American will soon start offering a paid parental leave benefit among the best in the US
In January, major tobacco company Reynolds American will begin offering 16 weeks of paid parental leave, for both mothers and fathers, with an additional subsequent eight months of flexible work time. It will be among the best policies in the United States.
The maker of Marlboro took out a full-page ad saying its New Year’s resolution is to ‘give up cigarettes’
Philip Morris International ran full page adverts in several UK newspapers on Wednesday, claiming it aims to replace cigarettes with smoke-free alternatives.