Latest Altria Group Inc News

Altria's $13B investment in Juul e-cigarettes vaporizes

Jul. 28, 2022 11:20 AM EDT

WASHINGTON (AP) — Cigarette maker Altria's $13 billion investment in the troubled vaping company Juul has gone up in smoke — now worth less than 5% of its original value as U.S. regulators move to ban its e-cigarettes. Altria slashed the value of its Juul investment by more than...

FDA bans Juul e-cigarettes tied to teen vaping surge

Jun. 23, 2022 16:36 PM EDT

WASHINGTON (AP) — U.S. health regulators on Thursday ordered Juul to pull its electronic cigarettes from the market, the latest blow to the embattled company widely blamed for sparking a national surge in teen vaping. The action is part of a sweeping effort by the Food and Drug...

Sonoco Products, Korn Ferry rise; Chevron, Altria fall

Jun. 22, 2022 16:27 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Advance Auto Parts Inc., up $2.93 to $174.66. The auto parts retailer said it has opened 22 new stores in the Los Angeles market as part of an expansion. ...