One of the successor companies of the old maker of Marlboro cigarettes has gone big in smokeless as smoking has declined ...

Philip Morris International (PM) is looking to sell its U.S. cigar business for over $1 billion, Bloomberg reported. This potential sale is part of the tobacco company’s strategy to focus on ...

Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products under the IQOS and ...

The Supreme Court on Monday decided not to review a $50 million punitive damage award that lower courts in California enforced upon cigarette manufacturer Philip Morris USA.

Philip Morris now makes 40% of its revenue from next-gen, smoke-free products. Altria is seeing cigarette shipments rapidly decline, and is betting on Njoy to drive its growth in the future.

(Bloomberg) -- Philip Morris International Inc. is exploring a potential sale of its cigar business in the US, people familiar with the matter said, as the tobacco maker continues its shift toward ...

While both companies own the same set of cigarette brands, led by Marlboro, Altria retained the domestic business, while Philip Morris operates outside the U.S. Let's take a look at how these two ...