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Altria to buy NJOY Holdings for $2.75B
Henrico County firm entered definitive agreement
Henrico County-based Altria Group Inc. has entered into a definitive agreement to acquire e-vapor maker NJOY Holdings Inc. for approximately $2.75 billion in cash, with a potential additional $500 million
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The 2023 Heavy Hitters list
Virginia’s 50 most powerful and influential execs
Published
Virginia Business’ annual list of the commonwealth’s 50 most powerful and influential leaders provides our editors’ take on the heaviest-hitting of heavyweights in business, government, nonprofits and higher education. Think
Juul settles with Va., 32 other states for $438.5M
E-cig company is partly owned by Altria Group
Published
After a two-year investigation, ongoing federal scrutiny and numerous lawsuits, Juul Labs Inc. tentatively settled with Virginia, 32 other states and Puerto Rico for $438.5 million on Tuesday. Virginia will
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Where there’s smoke
Altria faces regulatory challenges, revenue woes
Published
Updated Sept. 1, 2022 Henrico County’s Altria Group Inc. advertises on its website that it is “moving beyond smoking,” although the owner of Philip Morris USA still is one of
Virginia companies weigh office returns
Published
Many companies in Virginia are taking a flexible approach on whether employees must return to work in offices or continue working remotely or via hybrid models. For instance, Capital One
Broadened horizons
CFO leads diversity, economic development efforts
Published
Virginia Business’ 2022 Virginia CFO of the Year award winners represent large and small businesses and large and small nonprofits. Large business | Sal Mancuso, executive vice president and CFO
Thinking big
Va.’s major public companies made billions in 2021
Published
At Virginia’s largest publicly traded companies, the past year has been a constant exercise in challenging the status quo. Some major changes could be seen at the consumer level, as
Quick change
Specialized business master’s degrees offer faster finish
Published
Jackie Juergens wanted to move from Altria Group Inc.’s strategy division to its fast-growing advanced analytics division, but she needed to brush up on her tech skills. Although she had