Tequila, mezcal and Mexican beer sales are booming in the U.S., as agave-based liquors are set to become the fastest-growing spirits category in the country.
The Marlboro maker said domestic cigarette shipment volume fell 11.6%, primarily driven by industry declines and competition from illicit e-vapor products.
E-cigarette usage among U.S. high school students has fallen as the government pursues aggressive action against companies selling illegal vape products.
The proliferation of online sports betting and casino gaming across the U.S. has led to record revenue for sportsbook companies such as DraftKings and Fan Duel.
YouTube is further betting on AI with its experimental tool that will allow users to create AI-generated music using the voices of popular music artists.