About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
- China's antitrust push won't bring an 'explosion of cases' against online companies, professor says
- Alleged Jeffrey Epstein procurer Ghislaine Maxwell in jail quarantine after possible coronavirus exposure
- Markets cheer Yellen pick for Treasury, seeing her focus on fixing the economy and not politics
- Trump campaign suffers new court loss in attempt to block Biden's win in Pennsylvania
- Jim Cramer worries White House transition could complicate vaccine distribution
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Joining us on the show to discuss about the potential future of the e-cigarette industry and how likely it will be regulated is former FDA Commissioner, Scott Gottlieb.
Philip Morris and Altria are in talks to merge which would be a deal that would bring back together two companies facing declining demand. Frank Holland reports.
Philip Morris International is in discussions with Altria about a possible all-stock, merger of equals, the tobacco giants announced Tuesday.
Even though fewer Americans smoke cigarettes, shares of tobacco companies have been smoking hot.
Smoking costs the average smoker at least $1.1 million over a lifetime, according to a WalletHub analysis, the Detroit Free Press reported. Alaska had the highest total cost per smoker at a little more than $2 million, the report found. To read the full Free Press story, click here.
Word that the United States and Cuba will be easing a trade embargo that has existed between the countries for more than half a century lit up interest in one industry perhaps more than any other: premium cigars. But tobacco insiders said it’s not likely that Americans will be firing up their “Cubans” right away. “It …
Reynolds American agreed on Tuesday to acquire rival tobacco company Lorillard for $27.4 billion, a transaction that will bring the number of major U.S. tobacco companies from three to two. Under the deal, Reynolds agreed to pay $68.88 a share in cash and stock, presenting a premium of 2.5 percent to Lorillard’s Monday closing. (Click here to see the latest …
In a move hailed by President Barack Obama, CVS Caremark said Wednesday it is getting out of the business of selling cigarettes, a decision that will cost its retail division $2 billion in annual sales. “We made this decision as a business decision because we are positioning ourselves as a health-care company,” said Helena Foulkes, CVS/pharmacy president. …