Altria takes another $4 billion hit on Juul investment, revises deal terms
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(Reuters) - Altria Group Inc took another $4 billion charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the embattled e-cigarette maker, which is facing increased regulatory scrutiny amid a backlash against vaping.The Marlboro maker said on Thursday the fourth-quarter charge was mainly due to the increased number of legal cases pending against Juul and the expectation that the number would continue to grow.Overall, Altria has recorded $8.6 billion in..