Smokeless products may well be Big Tobacco’s future, but it is clear where the cash is coming from, both for companies looking to deploy capital on healthier alternatives, and for their investors.

Nationwide consumption of counterfeit and contraband cigarettes remains at two-year peak level, according to the latest KPMG Report on Illicit Cigarette ...

Philip Morris International hit an all-time stock high of $183.96, riding a wave of investor confidence and strategic pivots.

STAMFORD, CT--(BUSINESS WIRE)--Jun 13, 2025-- ...