Philip Morris to open $600M plant for Zyn nicotine pouches
Philip Morris International said Tuesday it plans to invest $600 million to open a manufacturing plant in Colorado to meet surging demand for its Zyn nicotine pouches. The tobacco giant said it expects the plant to be operational by 2025, creating 500 jobs in the state. The tobacco maker acquired Zyn’s owner, Swedish Match, in […]
Goldman Sachs names Carey Halio treasurer as Philip Berlinski exits
Another top Goldman Sachs executive also bounced around the co-op. Goldman CEO David Solomon has named Carey Halio the investment bank’s new finance chief, replacing Philip Berlinski, who spent 24 years at the Wall Street giant. Berlinski will become executive director of Millennium Management, a $62.2 billion hedge fund led by billionaire Israel Englander. The […]
Bahamas Prime Minister Philip Davis insists country is ‘safe and welcoming’ to tourists
The Bahamas is a “safe” destination for tourists, the Bahamian government insisted this week after the U.S. embassy sounded the alarm about deadly gang violence in the vacation hotspot. Bahamian Prime Minister Philip Davis said in a statement on Tuesday that the government is working “vigilant, cautious and proactive” to ensure the island nation remains […]