New Jersey reached a deal to obtain almost $92 million for its general fund by pledging the remainder of its revenue from the national tobacco settlement to investors. The bolstered payment pledge made trading prices on bonds linked to the agreement more than triple from March 3.
Nicotine is so toxic that it’s been used as a pesticide, and less than a teaspoon can kill a person. With the advent of electronic cigarettes, that potency is creating an opportunity for pharmaceutical companies that can assure the purity and quality of the drug.
E-cigarettes facing municipal bans and scrutiny by U.S. regulators received a new slap on the wrist from scientists: A report today suggests the devices may be a gateway to old-fashioned, cancer-causing smokes for teens.
British American Tobacco Plc, Europe’s largest cigarette maker, plans to introduce a second e- cigarette in 2015 after identifying failure to progress in non- tobacco products as one of the main risks for the business.
Standing outside a Cinnabon store in the mountains in Sochi, Ksenia Zotova dragged on a menthol cigarette and said she didn’t realize Russia planned to make the Winter Olympics its biggest-ever smoke-free event.