Big Business
Photo illustration by Krieg Barrie

Going to pot

Business | As states legalize marijuana, tobacco companies are indicating their interest in the reefer business
by Jim Long
Posted 8/30/18, 10:18 am

Third in a series on the legalization of marijuana

Big Tobacco is joining the Green Rush. For years, four Big Tobacco companies—R.J. Reynolds, Philip Morris (now known as Altria), British American Tobacco, and Imperial Tobacco—have played down interest in the emerging marijuana market. Now, they are positioning themselves to pounce, a half century after the wacky weed first gained mass popularity.

Read more

Photo illustration by Krieg Barrie

Pot in the bottle

Drug Abuse | Big Alcohol is adding a new ingredient—marijuana—to its moneymaking brew
by Jim Long
Posted 8/02/18, 02:35 pm

Second in a series on the legalization of marijuana

Three major beer sellers with familiar labels—Heineken, Corona, and Coors—are blazing the path to marijuana-infused alcohol. How they got to this point is a story of marketing maximizing, whatever the social effects.

Read more

Associated Press/Photo by Richard Drew

White House renews fight against AT&T–Time Warner merger

by Lynde Langdon
Posted 7/13/18, 10:22 am

The Trump administration’s campaign to block AT&T’s megamerger with Time Warner is still going strong. The Justice Department announced Thursday it was appealing a federal judge’s ruling blessing the $81 billion deal. The government argues the merger would hurt competition, limit consumer choices, and raise the cost of streaming TV and movies. AT&T became the biggest pay-TV provider in the United States with its acquisition of DirecTV in 2014. It claims about 25 million of the 90 million or so U.S. households that are pay-TV customers. Time Warner owns CNN, HBO, the Warner Bros.

Read more