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September 6, 2008 1:49:19 AM CDT

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Stories related to: Philip Morris

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7 Stories

  • July 2008
  • June 2008

    • Altria's 'Safer' Smokes Latest in Line of Flops

      Wall Street Journal  |  Jun 23, 08 2:47 PM CDT

      Altria's 'Safer' Smokes Latest in Line of Flops

      (Newser) - Altria is dropping its Marlboro Ultra Smooth cigarettes, the Wall Street Journal reports—the latest in a growing list of failures to sell Americans on so-called "safer" tobacco products. The cigarettes, which used special filters to block carcinogens, failed to attract consumer interest in a 3-year test, "presumably because they didn't think the taste and flavor was acceptable," says a spokesman for the Philip Morris parent company. More »

      Tags

      cigarettes  • tobacco  • Philip Morris  • Altria  • Marlboro

    • Supreme Court to Hear $79M Cigarette Verdict for 3rd Time

      Oregonian (Portland)  |  Jun 9, 08 1:04 PM CDT

      Supreme Court to Hear $79M Cigarette Verdict for 3rd Time

      (Newser) - The Supreme Court today agreed to hear a third appeal of Oregon’s $79.5-million punitive-damage award against Philip Morris. The justices have twice sent the verdict back to Oregon’s high court, part of an effort to limit punitive damages to nine times the size of compensatory damages. This time, the AP reports, they will consider only whether Oregon courts ignored their previous ruling. More »

      Tags

      Texas  • US Supreme Court  • Philip Morris  • Altria  • punitive damages

  • May 2008

    • Menthol Gets Free Pass in Cigarette Bill

      New York Times  |  May 13, 08 1:08 PM CDT

      Menthol Gets Free Pass in Cigarette Bill

      (Newser) - Congress is preparing to vote on legislation that would ban almost all flavored cigarettes—except menthol, the most prevalent flavoring of all. The bill would eliminate kinds like cloves and cinnamon that appeal to kids, but make an exception for menthol—which lures new smokers by masking the harshness of tobacco—as a concession to the tobacco industry, the New York Times reports. More »

      Tags

      Congress  • lobbying  • lobbyist  • tobacco companies  • cigarette  • Philip Morris  • menthol

  • August 2007

    • Tobacco Giant Plans Spinoff of Overseas Arm

      Bloomberg  |  Aug 29, 07 4:03 PM CDT

      Tobacco Giant Plans Spinoff of Overseas Arm

      (Newser) - Altria, the world's largest tobacco company, wants to break its Philip Morris International unit off from its US counterpart, Bloomberg reports, to pursue greater overseas growth while insulating it from health-related US lawsuits. "Tobacco is growing overseas, while in the US it's in decline, making a reasonable argument for separating the two entities,'' says an analyst. More »

      Tags

      smoking  • cigarettes  • tobacco  • Philip Morris  • Altria  • Marlboro

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