Philip Morris could buy Zyn-maker Swedish Match
CNN
Shares in Swedish Match soared 25% in mid-morning trade on Tuesday after US rival Philip Morris International said it was in talks to buy the Stockholm-based tobacco products company, betting on a growing market for alternatives to cigarettes.
The two companies in separate statements late on Monday confirmed media reports of the talks, saying it was uncertain whether an offer would be made.
Shares in Philip Morris, which is looking to expand its smoke-free options amid rising global scrutiny of the sale of traditional cigarettes, closed up 1% on Monday.
A Supreme Court case examining state deadlines for election ballots sent in the mail is just the tip of the spear in President Donald Trump’s war on mail-in voting.
As a shrinking number of Transportation Security Administration agents work to keep hourslong security lines moving despite not being paid, President Donald Trump stepped into the fray Saturday, announcing he will send Immigration and Customs Enforcement officers to airports by Monday if Congress doesn’t agree to a plan to end the partial government shutdown.
Donald Trump wants us to believe that a deal with Cuba is close at hand. After this past week, I am not so sure.
The search for missing 84-year-old Nancy Guthrie, mother of “Today” show host Savannah Guthrie, has stretched into another anguished week, with mounting pressure on investigators and a family grappling with uncertainty.
Cuba’s Ministry of Energy announced Saturday evening that entire island has suffered another electrical blackout, leaving more than 10 million people without power.
Iran’s attempt to strike a US-UK base over 2,000 miles (over 3,000 kilometers) off its coast has renewed questions about Tehran’s military capabilities and how far its missiles can reach.
For years, President Donald Trump has offered crass and insensitive comments about people who died – especially his foes. That reached a new level on Saturday.
Robert Mueller, the former FBI director who led the historic probe into alleged collusion between Donald Trump’s 2016 campaign and the Russian government, has died. He was 81.
Marlon Batres is not OK. The assistant principal says he is in constant fear for his students, staff and even himself after federal agents swarmed the streets.
To hear some prominent MAGA voices tell it, the marathon Senate debate over the “SAVE America Act” is an existential one for the Republican Party. But the urgency to pass the legislation is not felt by Americans more widely.
In the days after winning the Democratic nomination for Senate, Illinois Lt. Gov. Juliana Stratton spoke to the two women with whom she could make history next year.
This month, terrorist suspects in the alleged bomb-throwing in New York City and the synagogue attack in Michigan visited Phantom Fireworks stores shortly beforehand.
In near-daily briefings with top military officials at the White House, President Donald Trump has reviewed options that include sending American troops into Iran.