Philip Morris International began selling its IQOS heated tobacco device in Austin, Texas on Thursday for $60 a piece, an ...

Philip Morris Companies Inc. , the world's largest tobacco company, will raise U.S. cigarette prices to distributors by 6 cents per pack on all of its brands effective Monday, a spokesman confirmed ...

(Bloomberg) -- Philip Morris International Inc. faces the possibility of having imports of its IQOS heated-tobacco sticks to the U.S. blocked as early as November in an intensifying legal battle ...

Philip Morris’ IQOS is already outdated, but the company doesn’t have approval to sell its newer ILUMA heated tobacco product ...

Philip Morris International is set to invest $232 million to expand a Kentucky factory that makes nicotine pouches, part of the company's broader strategy toward what it calls a "smoke-free future.

Altria and Philip Morris have differentiated themselves from each other considerably since splitting into two companies. Philip Morris now makes 40% of its revenue from next-gen, smoke-free products.

Shares of Philip Morris International Inc. extended their recent bounce Thursday after the U.S. Food and Drug Administration ...

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Although still known for its famous cigarette brands including Marlboro and Parliament, Philip Morris is trying to reduce its reliance on traditional tobacco-based products. Chief Executive Jacek ...

Business model: Altria vs. Philip Morris International You might assume that as cigarette makers, Altria and Philip Morris have the same business models, but that isn't entirely true.