Mad Money Host Jim Cramer Says Vaping Is To Blame For Cigarette Industry’s Financial Woes

Jim Cramer, the host of “Mad Money” on CNBC, recently went on air and blamed vaping’s rise for a recent plunge in tobacco stock share prices. By Cramer’s account, it was “the realization that electronic cigarettes have become a serious threat to the old-school cigarette makers” that caused tobacco stocks to get “bent,” “spindled,” and …

Robeco Plans To Exclude Tobacco Investments From Mutual Funds

Financial services company Robeco, which manages hundreds of billions in assets, is excluding tobacco industry investments from its mainstream Robeco funds as well as sub-advised funds, the company announced in March. The company previously limited the exclusion of such investments to its Sustainable fund range, but as the tobacco industry is, by Robeco’s account, “increasingly …

CDC Director Resigns After Investment In Tobacco Stocks Comes To Light

Amidst a deadly flu outbreak in the United States, the director of the U.S. Centers for Disease Control and Prevention (CDC), Dr. Brenda Fitzgerald, has resigned from her post as the director of the CDC. Fitzgerald’s abrupt resignation, which came on Wednesday, arrives on the heels of a report from Politico highlighting her acquisition of tobacco …