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Altria has been forced to cut costs as tax hikes, smoking bans, health concerns and social stigma make the cigarette business tougher

Raymond New York Magazine is a writer in Louisville, KY

While we are pleased that Imperial now recognizes the harm-reduction potential of heat-not-burn products such as iQOS, it is disappointing that they try to disparage a very promising technology for tobacco harm-reduction they do not have in their portfolio, an official Phillip Morris statement read