The Small Stock That’s Eating Procter and Gamble’s Core Business
February 01, 2020 at 08:00 AM EST
By Stephen McBride Philip Morris (PM) had its back against the wall. The tobacco giant had been selling cigarettes by the truckload and enjoying record profits. Back then smoking was irresistibly cool. People smoked on planes and around babies… clueless that smoking was deadly. That all...