Tag Archives: Could

Morgan Stanley predicts ‘maximum nicotine’ policy could cut tobacco profits in half

Steven D Starr | Corbis | Getty Images Profits for major U.S. tobacco companies could be cut in half if the Food and Drug Administration adopts a “maximum nicotine” rule within the next 15 years, according to analysts at Morgan Stanley. The FDA is set to publish in October its proposed rule regulating the amount of nicotine allowed… Read More »