Universal Corporation has closed a $1.4 billion senior unsecured credit facility, effective December 9. The newly named 2025 Facility replaces the company’s prior $1.15 billion arrangement. The 2025 Facility comprises a five-year $780 million revolving…
South Africa’s proposed Control of Tobacco Products and Electronic Delivery Systems Bill, 2018, would overhaul the country’s tobacco laws with what Caxton Network News calls “radical changes.” The draft would introduce 100% smoke-free indoor public…
Fourteen U.S. agricultural and tobacco-sector organizations sent joint letters to President Donald Trump, Secretary Brooke Rollins, and Secretary Scott Bessent thanking the Administration for expressing willingness to support flue-cured tobacco farmers who are facing severe…
Altria Group announced that CEO Billy Gifford will retire after the company’s 2026 Annual Meeting of Shareholders on May 14, ending a more than 30-year career with the company. Gifford, who has led Altria since…
Norwalk police raided the Smokey Bear Tobacco and Vape shop on North Main Street Wednesday, seizing a range of marijuana products and arresting a 19-year-old employee, investigators said. Officers took into custody employee Islam Altahami,…
A new study links short-term nicotine abstinence to greater pain sensitivity and higher postoperative analgesic needs, driven by altered activity in specific brain regions. Summary Researchers found that smokers who abstained before surgery experienced stronger…
Agents with the South Carolina State Law Enforcement Division (SLED), working with local partners, carried out coordinated raids this week at vape shops across the Palmetto State, multiple sources told FITSNews. The operation could produce…
Virginia Attorney General Jason S. Miyares and the state’s tax commissioner asked a federal court to dismiss a lawsuit challenging Virginia’s ban on unapproved e-cigarettes, arguing the plaintiffs lack standing because the products at issue…
Altria Group, Inc. today announced that its Board of Directors has declared a regular quarterly dividend of $1.06 per share. The dividend will be paid on January 9, 2026, to shareholders of record as of…
KT&G said it has earned an “AAA” ESG rating from global investment research firm MSCI — the highest rating ever achieved by a tobacco industry player, the company noted. MSCI reviews about 8,500 publicly listed…