Fiona Rutherford

New York

U.S. Healthcare Reporter at Bloomberg News

Bloomberg News Reporter / [email protected]

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Articles

Craft Beer Brewers Ponder THC Drinks: Friend or Foe?

6 days ago | financialpost.com | Tony Rehagen |Fiona Rutherford

Advertisement 1And hope the feds don’t leave them high and dry. Article content(Bloomberg) — Atlanta-based New Realm Brewing Co. has always been quick to adapt to the shifting tastes of its customers. In 2021, the just four-year-old company opened a distillery and released a series of ready-to-drink canned cocktails. The brewery debuted AlphaWater to cater to the hard seltzer craze that same year. They followed that with a nonalcoholic IPA in 2023.
Craft Beer Brewers Ponder THC Drinks: Friend or Foe?

6 days ago | bloomberg.com | Tony Rehagen |Fiona Rutherford

Day Dreamer hemp-derived THC drinks. (Bloomberg) -- Atlanta-based New Realm Brewing Co. has always been quick to adapt to the shifting tastes of its customers. In 2021, the just four-year-old company opened a distillery and released a series of ready-to-drink canned cocktails. The brewery debuted AlphaWater to cater to the hard seltzer craze that same year. They followed that with a nonalcoholic IPA in 2023.
Increasing US Alcohol Taxes Would Reduce Drinking

1 week ago | bloomberg.com | Fiona Rutherford

Good morning, it’s Fiona in New York.Most Americans probably don't realize they pay an alcohol tax on every bottle of wine they buy and every beer they have at a bar. Some people argue these taxes should be increased. More on that in a moment, but first ... Arthur Robin Williams, an associate professor of clinical psychiatry at Columbia University, says we’re entering a new era when it comes to alcohol.
RFK Jr. Draws Ire for Tobacco Cuts Amid War on Chronic Disease

1 week ago | news.bloombergtax.com | Fiona Rutherford

Recent cutbacks at the Department of Health and Human Services will hurt, or even reverse, decades of progress in reducing the use of addictive tobacco products, more than 80 public health organizations and advocacy groups warned in a letter to Robert F.
RFK Jr.’s Cuts to Anti-Tobacco Agencies Slammed by Health Groups

1 week ago | bloomberg.com | Fiona Rutherford

A person exhales vapor while using an electronic cigarette device in New York, U.S., on Wednesday, Jan. 8, 2020. The U.S. Food and Drug Administration said it would ban fruit and mint flavors that have been blamed for getting millions of children hooked on e-cigarettes, a months-in-the-making plan designed to curb an epidemic of underage vaping.
Molson Coors Cuts Outlook on Weak US Beer Demand

4 weeks ago | bloomberg.com | Fiona Rutherford

Coors Light beer. Photographer: Gabby Jones/Bloomberg(Bloomberg) -- Molson Coors Beverage Co. lowered its full-year guidance as the challenging consumer environment in the US drives shoppers away from the company’s products. The Coors Light and Miller Lite manufacturer now expects 2025 underlying diluted earnings per share to increase in the low single digits. It previously said profit would rise in the high single digits.
Altria Reaffirms Guidance as Cigarette Sales Drop Nearly 14% (2)

1 month ago | news.bloombergtax.com | Fiona Rutherford

Altria Group Inc. reaffirmed its full-year profit guidance even as the Marlboro maker wrestles with weak cigarette and oral tobacco product sales. The company still expects full-year 2025 adjusted diluted earnings per share growth of 2% to 5%, it said in a statement. Cigarette shipments in the first quarter dropped almost 14% from the same period last year, while oral tobacco products fell 5%. Adjusted diluted earnings per share in the quarter of $1.23 a share beat Wall Street expectations.
Altria Reaffirms Guidance as Cigarette Sales Drop Nearly 14% (1)

1 month ago | news.bloomberglaw.com | Fiona Rutherford

Altria Group Inc. reaffirmed its full-year profit guidance even as the Marlboro maker wrestles with weak cigarette and oral tobacco product sales. The company still expects full-year 2025 adjusted diluted earnings per share growth of 2% to 5%, it said in a statement. Cigarette shipments in the first quarter dropped almost 14% from the same period last year, while oral tobacco products fell 5%. Adjusted diluted earnings per share in the quarter of $1.23 a share beat Wall Street expectations.
Altria Reaffirms Guidance as Cigarette Sales Drop Nearly 14%

1 month ago | bloomberg.com | Fiona Rutherford

A pack of Philip Morris Marlboro brand cigarettes. (Bloomberg) -- Altria Group Inc. reaffirmed its full-year profit guidance even as the Marlboro maker wrestles with weak cigarette and oral tobacco product sales. The company still expects full-year 2025 adjusted diluted earnings per share growth of 2% to 5%, it said in a statement. Cigarette shipments in the first quarter dropped almost 14% from the same period last year, while oral tobacco products fell 5%.
Europäer haben vor Trumps Rückkehr ins Weiße Haus US-Alkohol auf Vorrat gekauft

1 month ago | bloomberg.com | Fiona Rutherford

Have a confidential tip for our reporters? Before it’s here, it’s on the