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British American Tobacco Shifts its Business Away from CigaretteKey Takeaway British American Tobacco writes down $31.5 billion as it shifts its business away from cigarettes

It is of paramount importance to align with BAT's objectives, particularly by coordinating with various stakeholders, including building and vendor management, while simultaneously ensuring uninterrupted operational activities

10.1016/j.biocel.2015.03.017 54 Starkey LewisP

An official with Altria Group Inc., one of the big tobacco companies, said a total ban on menthol cigarettes or flavored cigars would be an extreme measure not supported by the science and evidence. Murray Garnick, Altrias general counsel, said the company expects that establishing product standards on menthol cigarettes and flavored cigars will be a multi-year, deliberative process. UPDATES: 11 a.m.: This article was updated with expert and industry comments