(NEW YORK)Philip Morris International, maker of Marlboros overseas, said Tuesday it has bought about 94 percent of the stock of Canadian cigarette maker Rothmans Inc.READ MORE

(NEW YORK)Philip Morris International Inc. said Wednesday it had completed its buyout of Canadian cigarette maker Rothmans Inc. Philip Morris International said owners of about 47 million sh...READ MORE

(NEW YORK)Reynolds American Inc. and its tobacco unit, R.J. Reynolds, said Tuesday they would cut about 570 jobs, or 10 percent of their American work force, as cigarette sellers prepare to ...READ MORE

Altria Group Inc., owner of Philip Morris USA, plans to buy UST Inc., the maker of Skoal and Copenhagen, for $10.4 billion to boost its ability to sell smokeless tobacco products.READ MORE

(NEW YORK)Altria, the U.S. leader in cigarettes, wants to be No. 1 in smokeless products too. The owner of the nation's biggest cigarette seller said Monday that it will buy UST, the maker o...READ MORE

WHAT THE COMPANIES SAY: Altria Group, which owns Marlboro-maker Philip Morris USA, called a New York Times report that it would buy rival UST Inc. for more than $10 billion "pure s...READ MORE

(LONDON)As a global recession looms, what better way to cope than to eat, drink and be merry? Even as consumers face soaring energy costs, rising food prices and higher mortgages or rent, ...READ MORE