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

Cigarette maker Altria's $13 billion investment in Juul is now worth less than 5% of its original value. U.S. regulators move to ban its e-cigarettes. Altria said it would maintain its deal with...

Juul can sell its vaping device, pods as court weights FDA ban

Juul Labs says FDA acted on political pressure from Congress. FDA ordered company to stop selling its e-cigarettes and flavored pods. Juul says it will continue to sell the devices and pods as the...

US bans Juul but young vapers are already switching to newer products

The FDA ban caps years of controversy for Juul, whose discreet vapes have been accused of helping hook an entire new generation on nicotine. In 2020 the FDA ordered mint- and juice-flavored...

The FDA Could Soon Crown This E-Cig Maker King

Juul is partially owned by tobacco giant Altria (MO 2.09%), which acquired a 34% stake in the e-cig maker in 2018 for $12.8 billion. Juul won a temporary reprieve from an appeals court, which...

Juul Ban Will Send Altria’s Strategy, and $13 Billion, Up in Smoke

On Wednesday, The Wall Street Journal reported that the Food and Drug Administration is preparing to remove Juul e-cigarettes from the U.S. market. Banning Juul would put the business in serious...

Juul to pay $14.5 million to settle Arizona vaping lawsuit

PHOENIX — E-cigarette giant Juul Labs will pay Arizona $14. 5 million and vowed not to market to young people in the state to settle a consumer fraud lawsuit. The settlement announced by Attorney...

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