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U.S. tobacco companies' first quarter earnings are getting a boost from recent price increases but the year's outlook remains mixed as domestic sales volumes shrink.
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Pabst Brewing came under fire from more than a dozen state attorneys general Thursday over its launch this month of Blast by Colt 45, a fruit-flavored malt beverage that contains 12% alcohol by volume and is being promoted by rapper Snoop Dogg.
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Mayor Michael Bloomberg's administration has filed a federal lawsuit against a Kentucky-based ring of firms that allegedly sold 4.4 million packs of cigarettes in New York City illegally.
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First-quarter earnings at McDonald's rises 11% on solid revenue growth.
U.S. health officials say the entire country could be covered by smoking bans in workplaces, bars and restaurants by 2020.
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