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WASHINGTON Federal health officials on Thursday authorized sales of the best-selling e-cigarette in the U.S., Vuse Alto, allowing manufacturer Reynolds American to keep the vaping brand on the market for years to come

The write-down, described as noncash adjusting impairment charge, is primarily an accounting matter with no effect on the companys day-to-day operations, but investors reacted negatively to the message about its long-term prospects: British American Tobaccos shares in London fell to their lowest level in more than 10 years

In contrast, pen vapes are generally simpler, more portable, and user-friendly, making them ideal for beginners or those who prefer a straightforward vaping experience

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