Menthol cigarettes are no more harmful than regular cigarettes, tobacco industry representatives argued Thursday as a federal advisory panel opened a two-day meeting to consider whether to ban the sale of those cigarettes.
The Justice Department appealed Monday to the Supreme Court a lower court ruling that prevents the government from seeking up to $280 billion in tobacco industry profits from an alleged conspiracy to hide the dangers of smoking.
In a 2-to-1 ruling, a U.S. federal appeals court panel in Washington Friday rejected the federal government's lawsuit seeking as much as $280 billion in past earnings from tobacco companies that allegedly engaged in a criminal enterprise to cover up smoking dangers.
U.S. stocks headed toward a lower opening Wednesday amid continuing concern about a strike in No. 3 oil exporter Norway, but the return of flows through a damaged Iraqi pipeline tempered the fears of a shortage.