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It may be a coincidence that the celebrity look-alike competition returned to prominence just as American citizens were voting in what some called “the most significant presidential election in our lifetimes.” But once it happened, the appeal was obvious. Here was a different kind of democratic event: a totally insignificant one, in which attractive men with slightly off-kilter features were lined up in public and ranked by the roaring crowd. At the first contest, which convened a flock of Timothée Chalamet doubles in Manhattan last month, the New York Police Department showed up, deemed it an “unscheduled demonstration” and arrested four people. They are typically publicized with posters on lampposts, staged in public parks and accompanied by meager prizes. The Mescal double won 20 euro “or three pints”; the White winner received $50 and a pack of Marlboro Reds.
Persons: Trump, doppelgängers, Jeremy Allen White, Paul Mescal, Dev Patel, Harry Styles Organizations: New York Police Department, Marlboro Reds Locations: Manhattan, Chicago, Dublin, San Francisco, London
'Mad Money' host Jim Cramer applies lessons learned from Marlboro Fridays to today's retail market. Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email
Persons: Jim Cramer Organizations: Marlboro
Philip Morris shares have more room to run as the Marlboro maker continues to shift its focus from cigarettes to smoke-free products, according to Goldman Sachs. Herzog also reiterated her buy rating and called Philip Morris a top pick heading into 2025. Philip Morris announced earlier this year that it would invest $600 million to build a new Zyn production facility in Colorado. PM YTD mountain PM, year to date Herzog also said Philip Morris shares will benefit from the domestic debut of heated tobacco product Iluma. Philip Morris shares have jumped more than 33% in 2024.
Persons: Philip Morris, Goldman Sachs, Bonnie Herzog, Herzog, Philip Locations: Marlboro, Tuesday's, U.S, Colorado
I've learned that if I want to form a new habit, promising someone I will doesn't work for me. AdvertisementWhen I was a teenager, I developed a habit of repeatedly promising my mother I would go on a diet. When I'm struggling to change a habit or face a tough decision, I sometimes use art to depict my mental state. Ever since, I've been able to moderate my pace by watching the person I'm eating with — usually Barry, my husband, who tends to eat slower than I do. Many people use computer software or apps to track their habits, but I'm old-fashioned and prefer the mind-body approach of handwriting.
Persons: I've, , I'm, Barry, Benjamin Franklin Organizations: Service, Moody Locations: Marlboro, checkmarks
If you haven't been paying attention to tobacco companies, you might not recognize the new landscape. The alternatives also include heated tobacco and nicotine vapor products, although with the latter, tobacco companies face big competition from vaping companies and the proliferation of illicit vapes. PM 1Y mountain Philip Morris' one-year performance Countries around the globe have been working for years to reduce tobacco use. There is no way back," Philip Morris Chief Financial Officer Emmanuel Babeau said at a Deutsche Bank conference in June. Most of that came from companies in China, with tobacco companies only taking about 15% share, the bank said.
Persons: Philip Morris, , Brett Cooper, I'm, Philip, Emmanuel Babeau, Owen Bennett, Cooper, Altria, vapes —, Faham Baig, Dan Ahrens, Ahrens, Edge's Cooper, Jefferies, Bennett, Murray Garnick Organizations: Philip Morris International, Reynolds American, British, Tobacco, Big Tobacco, World Health, Philip Morris, Deutsche Bank, Jefferies, Philip Morris USA, Centers for Disease Control, Drug Administration, U.S, Supreme, FDA, UBS, WHO, Brands, BAT Locations: Colorado, China, rey, Japan, Iquos, U.S, Kentucky, Marlboro, U.S ., London, RRPs
The Food and Drug Administration on Friday authorized the first menthol-flavored electronic cigarettes for adult smokers, acknowledging that vaping flavors can reduce the harms of traditional tobacco smoking. The FDA said it authorized four menthol e-cigarettes from Njoy, the vaping brand recently acquired by tobacco giant Altria , which also sells Marlboro cigarettes. "This decision could mean we'll never be able to close the Pandora's box of the youth vaping epidemic," said Meredith Berkman, co-founder of Parents Against Vaping E-cigarettes. Njoy is one of only three companies that previously received FDA's OK for vaping products. Altria's data showed Njoy e-cigarettes helped smokers reduce their exposure to the harmful chemicals in traditional cigarettes, the FDA said.
Persons: Meredith Berkman, Vaping, , vaping, Vuse, Matthew Farrelly Organizations: Drug Administration, FDA, Marlboro, Parents, Nielsen, Reynolds American, FDA's Center for Tobacco Products Locations: U.S
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe public markets have been kind to Dan Sundheim this year. The most even-keeled of the big-name Tiger Cubs has been Viking Global, which will lose its chief investment officer, Ning Jin, at the end of August. Many of these firms struggled in 2022 when public and private tech companies slumped thanks to a global rise in interest rates. AdvertisementRepresentatives for Tiger Global, Coatue, and Viking Global either declined to comment or did not respond to requests for comment.
Persons: , Dan Sundheim, Philip Morris, Chase, Philippe Laffont's Coatue, Ning Jin, Julian Robertson's, Management — Organizations: Service, D1, Business, Viking, Philippe Laffont's Coatue Management, Tiger Cubs, Management, Tiger Global, Viking Global Locations: Marlboro, New York
Mr. Giuliani’s run-ins with the law have left his life and finances in tatters. Mr. Giuliani has filed for bankruptcy and owes two Georgia women a $148 million judgment from a defamation case. “Anyone who thinks that Mr. Giuliani is off his game in terms of legal acumen is strongly mistaken,” Mr. Aidala said. Like many at the birthday party, Mr. Aidala was displeased by Mr. Trump’s conviction on charges related to hiding hush money paid to a porn star. In the video, Mr. Trump stands with a small crowd of people who appear to be some of his supporters.
Persons: Donald J, Trump, Rudolph W, Giuliani, Giuliani’s, Mr, Anthony Carbonetti, Barry Kamins, “ He’s, he’s, John Catsimatidis, , we’ve, Kamins, Arthur Aidala, , ” Mr, Aidala, Harvey Weinstein, Andrew, Caroline, Bernard B, Rudy Washington, Raheem Kassam, Miranda Devine, Michael Ragusa, holstered, Scott LoBaido, I’m, MAGA ”, “ Joe, Rudy Giuliani, Rudy Organizations: City Hall, Republican, WABC, New York, Mr, The New York Times, Breitbart, New, New York Post, Trump Locations: tatters, Arizona, Georgia, Washington, Dodge Durango, client’s, Panama, Lower Manhattan, New York City, New York, Bay Ridge, Brooklyn, Staten Island, America, Suffolk County
More Americans are paying capital gains taxes on home sale profits amid soaring property values — but there are ways to reduce your bill, experts say. In 2023, nearly 8% of U.S. home sales yielded profits exceeding $500,000, compared to about 3% in 2019, according to an April report from real estate data firm CoreLogic. It's key for a special tax break for homeowners who make a profit when selling a primary residence. Married couples filing together can make up to $500,000 on the sale without owing capital gains taxes. "With the recent rise in home values, more sellers have been facing a capital gains tax hit," Quinones said.
Persons: Jaime Quinones, " Quinones Organizations: Finance, Stockade Wealth Management Locations: U.S, Marlboro , New Jersey
That shakiness around when the cuts are coming, as well as the expectation that rates could remain higher for longer creates an opportunity for active managers. Rick Rieder, BlackRock's global chief investment officer of fixed income, told CNBC in a phone interview. Indeed, core bond funds were among the winners in the 2008 crisis. For starters, they should think about the role they want a given bond fund to play within their portfolio: Is it to offset equity risk or to boost returns? "You're not investing in bond funds to shoot the lights out and build your wealth pile," said Morningstar's Jacobson.
Persons: Rick Rieder, Rieder, Eric Jacobson, Morningstar, John Croke ,, Morningstar's Jacobson, Jaime Quinones, they're, Quinones Organizations: Federal Reserve, Barclays, Bank of America, Citigroup, CNBC, Bloomberg, SEC, Morningstar, Vanguard, Stockade Wealth Management, Mutual Locations: Marlboro , N.J
Zyn is selling their nicotine pouches like hotcakes
  + stars: | 2024-02-08 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —Move over vapes, Americans appear to have a new addiction: Zyn, a tobacco-free nicotine pouch product, that has exploded in sales over the past year. Philip Morris announced Thursday that it shipped about 350 million cans of Zyn in 2023, a whopping 62% growth compared to the previous year. Nicotine is very addictive and can harm young people’s developing brains, according to the US Centers for Disease Control and Prevention. However, like Juul, the popularity and growth of Zyn might face difficulties, in particular from US government. “Zyn is the next battle.”Despite the growth, shares of Phillip Morris declined 2% in early trading because of lower demand for cigarettes.
Persons: Philip Morris, Chuck Schumer, Zyn, , ” Schumer, “ Zyn, , Phillip Morris, Jacek Olczak, ” Olczak, CNN’s Carma Hassan Organizations: New, New York CNN, Marlboro, US Centers for Disease Control, FDA, Federal Trade Commission, Food and Drug Administration, Tobacco, Swedish Locations: New York, vapes, Marlboro
(AP) — A woman was taken into police custody in the Maryland suburbs of Washington following a series of apparently random stabbings and pedestrians struck by a vehicle. Six people were injured, including two stabbing victims who were hospitalized in critical condition, police Deputy Chief James McCreary said during a news conference Thursday evening. Officials released a surveillance video of the woman, calling her a person of interest in the string of attacks. They found a woman with minor injuries who was walking on the sidewalk when someone hit her, McCreary said. A short time later, two more pedestrians were struck and injured a few miles from that scene, he said.
Persons: , James McCreary, ” McCreary, McCreary, “ I’ve, Organizations: Police Locations: MARLBORO, Md, Maryland, Washington, George’s
Joan Soranno and John Cook clicked from the start. They met when they were working as architects on a Frank Gehry-designed project in 1991 in Minneapolis and spent the ensuing decades as partners, first in work and then in marriage. Together, they have designed many award-winning cultural landmarks, from the Marlboro Music Reich Hall Rehearsal Building & Music Library in Vermont to the Bigelow Chapel at the United Theological Seminary of the Twin Cities.
Persons: Joan Soranno, John Cook, Frank Gehry, Bigelow Organizations: Marlboro Music, Music Library, United Theological Seminary, the Twin Locations: Minneapolis, Vermont, the Twin Cities
Juul Labs raises $1.3 bln in funding
  + stars: | 2023-11-13 | by ( ) www.reuters.com   time to read: +1 min
Juul brand vaping pens are displayed for sale at a Juul shop in Jakarta, Indonesia, December 30, 2019. REUTERS/Ajeng Dinar Ulfiana Acquire Licensing RightsNov 13 (Reuters) - Juul Labs said on Monday it has raised about $1.3 billion in funding, months after the e-cigarette maker revealed plans to lay off about 250 people in a bid to reduce its operating costs. Juul disclosed in a regulatory filing it had raised $1.27 billion in funding from a total offering amount of $1.6 billion. The company did not immediately respond to a request for comment on how it plans to use these funds. Marlboro maker Altria (MO.N) also exited its stake in Juul earlier this year, days before announcing a purchase of e-cigarette startup Njoy Holdings for about $2.8 billion.
Persons: Juul, Bhanvi, Shounak Dasgupta Organizations: REUTERS, Juul Labs, Juul, District of Columbia, Holdings, Thomson Locations: Jakarta, Indonesia, New York, California, Marlboro, Altria, Bengaluru
Big Tobacco Can No Longer Name Its Price
  + stars: | 2023-11-04 | by ( Carol Ryan | ) www.wsj.com   time to read: 1 min
Cigarette profits at Marlboro-maker Altria fell from a year earlier in its latest quarter. Photo: Justin Sullivan/Getty ImagesAmerica’s cigarette market is in flux, and new smoking habits threaten to singe makers of pricey brands the most. One of the attractions of investing in tobacco stocks has been cigarette manufacturers’ amazing ability to continuously grow their profits through price hikes, even though the industry is in long-term decline. This helps cigarette companies pay generous dividends to their shareholders.
Persons: Altria, Justin Sullivan Organizations: Marlboro
Tracey Emin carried around a giant tote decades before enormous handbags were fashionable. “Ironic now, thinking about that, right?” she says, in her soft, working-class-accent, on a chilly afternoon, as she tries to find a comfortable position on a sofa in her recently renovated townhouse on Fitzroy Square, a genteel, central-London pocket that was once home to both Virginia Woolf and George Bernard Shaw. She reaches into the large canvas carryall at her feet to pull out a plastic pouch of urine, which is connected under her loose cotton shift by a long tube to a stoma in her abdomen. She waves it slightly, a white flag, maybe, though because this is Emin, surrender has never been an option. “I made them leave my clitoris,” she says.
Persons: Tracey Emin, Stella Artois, Virginia Woolf, George Bernard Shaw, Emin Organizations: tote, Young British Artists, Lights Locations: London, Fitzroy, New York
Altria Group, the parent company of Philip Morris USA and the nation's largest tobacco company, reported third-quarter results Thursday that fell short of Wall Street's expectations as demand for its core cigarette business cools and illicit e-vapor products flood the market. The Marlboro maker said its domestic cigarette shipment volume decreased 11.6%, primarily driven by wider declines across the industry and competition from illicit e-vapor products, among other factors. In a conference call with analysts, Altria CEO Billy Gifford said the lack of regulation of illicit e-vapor products has come at the expense of legal operators and approved. Although federal crackdowns have placed more restrictions on the flavors and marketing for tobacco products, illicit operators are skirting many tobacco-related laws and are flooding the market with disposable e-cigarettes that aren't FDA-approved and are illegal to sell. Like many other tobacco companies, Altria is moving beyond traditional, combustible cigarettes and towards smoke-free products.
Persons: Philip Morris, Altria, Billy Gifford, Gifford Organizations: Marlboro, Altria, Philip Morris USA, LSEG, Anheuser, Busch InBev, FDA, NJOY's, U.S Locations: San Francisco , California, Marlboro, JUUL, Juul
Philip Morris International Inc. Marlboro brand cigarettes are arranged for a photograph in Shelbyville, Kentucky, U.S., on Friday, Oct. 2, 2015. Philip Morris International on Thursday reported quarterly earnings that topped Wall Street's expectations but revenue that missed estimates, as sales for its heated tobacco and oral nicotine products remain strong. For the quarter ended September 30, Philip Morris posted revenue of $9.14 billion, compared to year-ago revenue of $8.03 billion, a 13.8% increase. He cited IQOS, its line of heated tobacco products, and its Zyn oral nicotine pouch as growth drivers. Zyn nicotine pouches are tobacco-free oral products touted by the company as a cleaner, more discreet way to consume nicotine.
Persons: Philip Morris, Jacek Olczak, Olczak, Zyn Organizations: Philip Morris International Inc, Marlboro, Philip Morris International, LSEG, Swedish Locations: Shelbyville , Kentucky, U.S
Ukraine's battle-hardened Azov Brigade has been rebuilt and is fighting in the forests of Donetsk. Videos show them fighting Russian positions from their trenches in the Serebryansky forest. AdvertisementAdvertisementUkraine says that its battle-hardened Azov Brigade has returned to the front lines in Ukraine and is fighting in the woods of Donetsk. AdvertisementAdvertisementThe Azov Brigade was formed as the Azov Battalion in 2014, composed of volunteers who came together to fight pro-Russian forces in the war in Donbas. Azov claims in the video that about 700 of their fighters have now been in captivity for over 500 days.
Persons: , United24, Dmytro Kozatsky, Mariupol, you've Organizations: Azov Brigade, Service, Azov Battalion, Azov Special Forces Regiment, Getty, Azov, Battalion, Marlboro Locations: Donetsk, Russia, Ukraine, Ukrainian, Russian, Kreminna, Donbas, Mariupol, Azov
Doreen and Lawrence Delva-Gonzalez had a zero-dollar net worth in 2017. In 2017, Doreen and Lawrence had a net worth of zero dollars. Four years later, the couple had built a net worth of around $500,000, according to records viewed by Insider. "I think the first step is to use a tool like Personal Capital to pull up your net worth and acknowledge where you are," Lawrence said. "People should work on their soft skills because that's going to position them to interview better, so they can make more money," Lawrence said.
Persons: Doreen, Lawrence Delva, Gonzalez, , Lawrence, They've, Gonzalezes, Read, Roth IRAs, lef, Lawrence's, Lawrence siad Organizations: Service Locations: Upper Marlboro , Maryland, Haiti, Marlboro , Maryland, Tallahassee , Florida
Anticipation should be building as Philip Morris prepares to bring iQOS back to the U.S. market. Philip Morris had partnered with Altria when iQOS was first launched in a handful of U.S. markets in 2019. Eventually, Philip Morris agreed to buy back the commercialization rights from Altria, and that deal is effective April 30, 2024. And this strategy is partly why, Herzog said, Philip Morris is one of Goldman's top picks. Last week, Philip Morris CEO Jacek Olczak spoke on X via ReutersPlus about its harm reduction efforts.
Persons: Philip, Goldman Sachs, Bonnie Herzog, Philip Morris, iQOS, Herzog, mgmt, Gaurav Jain, Jain, FactSet, Jacek Olczak, Jefferies, Owen Bennett, Bennett Organizations: Philip Morris International, Drug Administration, Altria, Barclays, Swedish Match, Bank of America, Rogue, Street Journal, Concordia, United Nations General Assembly Locations: U.S, Altria, New York
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Persons: Dow Jones Locations: marlboro
Philip Morris International is considering selling off a stake in its largest pharmaceuticals unit. But more recently the division has struggled, and Philip Morris has had talks with Deutsche Bank on a range of options to try to grow its wellness and healthcare division, the WSJ first reported. In recent years, Philip Morris has also acquired Fertin Pharma, a nicotine gum maker, and OtiTopic, a respiratory drug maker. And, in the second quarter of this year, the company took a $680 million impairment charge related to its wellness and healthcare division. The news comes as the tobacco company continues to face resistance from public health groups.
Persons: Philip Morris, it's, Concordia, Philip Morris's Organizations: Philip Morris International, Marlboro, Deutsche Bank, WSJ, Fertin Pharma, PMI, Concordia, UN, Assembly Locations: New York
Alongside cheese and charcuterie, he almost always includes a platter of figs interspersed with dozens of loose Marlboro Golds. The Charlotte, N.C.-based artist grew up among the tobacco farms of Williamston, where their grandmother worked in the fields. “Seeing my grandmother die and not being compensated in any way showed me how disposable people are to Big Tobacco. “I think my generation can relate more to addiction to the phone than addiction to tobacco,” they say. To me, cigarettes represent how we treat both things and people now.”Set design by Yolande Gagnier.
Persons: Daniel E, Soares, , Alma Berrow, ” Nicholson, Yolande Gagnier, Christopher T, Linn, Brendan Galvin Organizations: Marlboro, Tobacco Locations: York, British, Charlotte, N.C, Williamston
Out West, the Gay Cowboy Roams Free
  + stars: | 2023-09-05 | by ( Evan Moffitt | ) www.nytimes.com   time to read: +2 min
TWO MEN, A grizzled sheriff and a gunslinging vigilante, confront each other in a dusty saloon town. When Silva (Pedro Pascal) visits his former lover Jake (Ethan Hawke), he rekindles their romance before revealing less amorous intentions. Intrigue ensues, and the shock of two gay cowboys gives way to what we might expect from a classic western: shootouts, horseback chases, fugitive justice. This is partly why over the decades many queer artists have made winking references to cowboy culture. Then there was the gay disco troupe the Village People’s dime-store cowboy, Randy Jones, who was meant to be read as a tongue-in-cheek archetype (one since referenced by musicians like Lil Nas X and Orville Peck).
Persons: Pedro Almodóvar’s, Silva, Pedro Pascal, Jake, Ethan Hawke, Almodóvar’s, John Wayne, Bob Mizer, Andy Warhol, , Randy Jones, Lil Nas X, Orville Peck Organizations: Marlboro, Lonesome Cowboys Locations: It’s, Spanish, America
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