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Dan Walters: Taxes fed illegal sale of smokes


California's bad habit of settling political conflicts with blockbuster ballot measures began in 1978 with Proposition 13, the property tax limitation whose impacts continue to reverberate nearly three decades later. By 1988, a decade later, the syndrome was in full flower, with several dozen high-profile measures proposed. Not all qualified for the ballot, but tens of millions of dollars -- bi...

Philip Morris didn't deliberately boost nicotine


The recent Harvard University report that concluded Philip Morris USA and other tobacco companies have deliberately increased the amount of nicotine that smokers get from cigarettes over the past seven years, if true, raises legitimate public and scientific concerns. ("Help is smoke screen for global profit," by Allan M. Brandt, March 1). News of this report has increased the volume of those vo...

Chips to fish out the fake cigarettes


Every cigarette pack made in the UK will contain an electronic chip in future allowing Customs and other law enforcers to distinguish between legal and counterfeit cigarettes. The main tobacco companies, British American Tobacco, Imperial Tobacco and Gallaher are paying for the initiative including providing hundreds of hand-held electronic readers to Customs. The industry estimates that som...

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Carolina Group 4Q Profit Shrinks
NEW YORK (AP) -- Carolina Group's profit shrank 6 percent in the fourth quarter,cigarettes because of costs stemming from lawsuits over tobacco, the cigarette maker said Monday. Carolina Group earned $206 milli...

Reynolds American Subsidiary to Receive Payment Following Gallaher Joint-Venture Termination
WINSTON-SALEM, N.C., Feb. 21 /PRNewswire-FirstCall/ -- Reynolds American Inc. (NYSE: RAI - News) announced today that R.J. Reynolds Cigarettes, Tobacco C.V. (RJRTCV), an indirect wholly owned subsidiary of RAI, w...

Reynolds American to Webcast Presentation at CAGNY Conference
WINSTON-SALEM, N.C., Feb. 14 /PRNewswire-FirstCall/ -- Reynolds American Inc. (NYSE: RAI - News) will webcast its presentation at thischeap cigarettes year's Consumer Analyst Group of New York (CAGNY) conference o...

Loews Corporation Announces Quarterly Dividend on Carolina Group Stock
NEW YORK--(BUSINESS WIRE)--Loews Corporation (NYSE:LTR;CG) cheap cigarettesannounced today the declaration of a quarterly dividend on its Carolina Group stock, in the amount of $0.455 per share, payable March 14, ...

An Antismoking 'Call to Action'
A new World Health Organization study calls for regulation,cheap cigarettes education, and taxation to combat rising smoking rates in the developing world Smoking may be on the decline in the U.S., but globally th...