Altria can’t sell Iqos in U.S. as Biden won’t intervene in patent dispute

Philip Morris International is showing off the iQOS e-cigarette, which heats tobacco sticks but does not burn them. Fabrice Cofferini | AFP | Getty Images Altria and Philip Morris International can no longer sell or import Iqos tobacco devices in the United States after the Biden administration chose not to take action in an ongoing … Read more

Morgan Stanley picks ‘cheap’ stocks versus the US

A view of Morgan Stanley’s offices in Canary Wharf, London, UK iStock Editorial | Getty Images European stocks are trading at record lows compared to the United States, said Morgan Stanley equity strategists, and mentioned a group of stocks set to outperform next year. .

Philip Morris International meets with FDA to make its case for Iqos in patent dispute

Philip Morris International showcases the iQOS e-cigarette, which heats tobacco sticks but does not burn them. Fabrice Cofferini | AFP | Getty Images CNBC has learned that Philip Morris International met with the Food and Drug Administration on Friday afternoon to present its argument as to why the tobacco giant and Altria were allowed to … Read more