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A booming trade in illegal cigarettes has cost the federal budget $6.9 billion Tue 25 Mar 2025 at 7:35pm , updated Tue 25 Mar 2025 at 9:25pm In short: A huge increase in the sale of black market cigarettes has wiped $6.9 billion off the federal budget

"The myth that smoking protects against Alzheimer's disease may discourage cessation attempts among older smokers and contribute to the reluctance of health care providers to treat tobacco dependence in older smokers," she said by email

The intraday strength on June 16 came without any major new earnings or regulatory headlines, indicating that short-term trading was likely driven by technical flows and broader market sentiment rather than company-specific news beyond the ongoing buyback disclosure

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