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That was supposed to make us all dash out and buy a carton of Camels

Reynolds has set aside $50 million for such initiatives in 2016

"Menthol is the most popular cigarette among young people and among African Americans and other communities of color," he said

The write-down, described as noncash adjusting impairment charge, is primarily an accounting matter with no effect on the companys day-to-day operations, but investors reacted negatively to the message about its long-term prospects: British American Tobaccos shares in London fell to their lowest level in more than 10 years

WASHINGTON Federal health officials on Thursday authorized sales of the best-selling e-cigarette in the U.S., Vuse Alto, allowing manufacturer Reynolds American to keep the vaping brand on the market for years to come