Latest Philip Morris International Inc News

Voters reject Medicaid expansion, mine cleanup measures

Nov. 7, 2018 8:13 PM EST

HELENA, Mont. (AP) — Montana voters rejected a ballot measure that sought to extend the state's Medicaid program by raising the tobacco tax and another that would have added strict cleanup requirements to new mines. Both ballot measures were the targets of multimillion-dollar campaigns that filled the...

The Latest: Tobacco tax hike for Medicaid expansion rejected

Nov. 7, 2018 7:29 PM EST

HELENA, Mont. (AP) — The Latest on the election results of Montana's ballot issues (all times local): 5:25 p.m. Montana voters have rejected a ballot measure that sought to extend the state's Medicaid program and pay for it in part by raising the tobacco tax. The result from Tuesday's election means the...

Montana Senate race tight with some votes still uncounted

Nov. 7, 2018 10:29 AM EST

BILLINGS, Mont. (AP) — Democratic incumbent Jon Tester and Republican Matt Rosendale are locked in a Montana U.S. Senate race that was too close to call Tuesday night with votes still being counted, following a campaign dominated by President Donald Trump's personal push to vanquish Tester. He is seeking a...

Electrical company pushes South Dakota tobacco tax hike

Nov. 1, 2018 3:46 PM EDT

MITCHELL, S.D. (AP) — A Mitchell-based electrical contracting company is leading a drive to lower the cost of attending South Dakota technical schools though a tobacco tax increase, donating more than $80,000 to the ballot measure. Muth Electric and other supporters of Initiated Measure 25 are facing off...

Tobacco industry gives $6.5M to oppose South Dakota tax hike

Oct. 23, 2018 7:54 PM EDT

SIOUX FALLS, S.D. (AP) — The tobacco industry contributed roughly $6.5 million to oppose a ballot question that would increase South Dakota tobacco taxes to make state technical schools more affordable, according to state campaign finance reports. The campaign filings show the lobbying arms of the...

Philip Morris woos puff-happy Japan for post-smoking era

Oct. 23, 2018 10:10 AM EDT

TOKYO (AP) — Philip Morris, maker of Marlboro and other major cigarette brands, is maneuvering to keep itself in business in a post-smoking world with an advertising blitz in puff-happy Japan and other tobacco-loving markets. One of the biggest purveyors of tobacco products, it says making the world "smoke...

Textron and Activision skid while Alcoa and Acadia climb

Oct. 18, 2018 4:42 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Snap-On Inc., down $16.10 to $151.47 The tool and diagnostic products maker reported less revenue than analysts expected. Textron Inc., down $7.29 to $57.49 The aircraft maker said its industrial and aerospace units weakened in...

Workers, execs and politicians bid farewell to late Fiat CEO

Sep. 14, 2018 11:30 AM EDT

TURIN, Italy (AP) — The heir to Fiat's founding family paid an emotional farewell to Sergio Marchionne, the late CEO of Fiat Chrysler Automobiles telling mourners Friday that "he taught all of us ... to have the courage to change." In a eulogy at a packed Turin Cathedral, John Elkann, his voice cracking,...