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FDA Authorizes Juul’s E-Cigarettes After Ban Nearly Bankrupted Firm
The regulator authorized the company to keep its e-cigarettes on the U.S. market after a federal ban in 2022 had pushed it to the brink of bankruptcy.
Philip Morris, Altria Shares Decline Following FDA's Juul Ruling
Shares of tobacco companies Philip Morris International and Altria Group declined after the Food and Drug Administration authorized Juul Labs to keep its e-cigarettes on the U.S. market. Philip Morris edged down 2.6% to $178.52, while Altria was lower by 2.3% to $57.52 in early afternoon trading Thursday.
Alert: The Food and Drug Administration is allowing vaping brand Juul to keep its e-cigarettes on the market
WASHINGTON (AP) — The Food and Drug Administration is allowing vaping brand Juul to keep its e-cigarettes on the market.
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