Tobacco Manufacturing

House approves FDA regulation of tobacco products

House approves legislation to give federal government key controls over tobacco industry. Anti-smoking forces won a long-awaited victory Thursday as the House passed legislation that would give the federal government key controls over the tobacco industry for the first time.
 

FDA regulation of tobacco approved

Anti-smoking forces won a long-awaited victory Thursday as the House passed legislation that would give the federal government key controls over the tobacco industry for the first time.
 

'Golden leaf' growers troubled by tobacco tax rise

As tobacco tax nearly triples, growers of the 'golden leaf' wonder about future on the farm. For more than a century, the Sharp family of eastern North Carolina has grown tobacco, nicknamed the "golden leaf" for reasons that went beyond the cured plant's rich color.
 

House approves FDA regulation of tobacco products

House approves bill giving government powers to regulate tobacco products. The federal government would for the first time have regulatory powers over the tobacco industry under a bill the House approved Thursday after years of campaigning by anti-smoking forces.
 

House Votes to Give FDA Regulatory Power Over Tobacco

Oversight legislation faces tougher battle in Senate. Anti-smoking forces scored a significant achievement Thursday as the U.S. House of Representatives voted to give the Food and Drug Administration authority to regulate tobacco, including oversight of advertising and sales.
 

US House votes historic curbs on tobacco

US lawmakers voted overwhelmingly Thursday to give the government unprecedented powers over the tobacco industry, including new curbs on marketing tactics and cigarette ingredients.
 

Tobacco maker UST moves to Altria's Virginia HQ

Smokeless tobacco company UST completes move to Altria's Virginia headquarters. Smokeless tobacco company UST Inc. has finished moving its operations from Connecticut to Richmond, where its new parent company, Altria Group Inc., is based.
 

Tobacco tax hike puts damper on Fla. cigar makers

Florida's cigar makers fear profits will go up in smoke as federal tobacco tax hike kicks in. Inside the rolling room of El Credito Cigar Company, the air is earthy and fragrant, a mix of coffee and nuts tinged with caramel and leather.
 

Business Briefs - Tuesday

Posted 3/31/2009
 

US lawmakers to vote on historic curbs on tobacco

US lawmakers were poised Wednesday to give the government unprecedented powers over the tobacco industry, introducing new curbs on marketing tactics and cigarette ingredients.
 

Court ends Philip Morris appeal of $79.5M award

Supreme Court dismisses Philip Morris appeal of $79.5M award to smoker's widow. Ten years and a day after a jury awarded Mayola Williams nearly $80 million in punitive damages in her fight with a cigarette maker, the Supreme Court said Tuesday she can collect her share.
 

Business Briefs - Tuesday

TECHNOLOGY
 

Court ends Philip Morris appeal of $79.5M award

Supreme Court dismisses Philip Morris appeal of $79.5M award to smoker's widow. The Supreme Court on Tuesday threw out a cigarette maker's appeal of a $79.5 million award to a smoker's widow, likely signaling the end of a 10-year legal fight over the large payout.
 

Philip Morris must pay widow $145 mln: high court

The US Supreme Court on Tuesday dismissed cigarette giant Philip Morris's appeal of a multi-million dollar punitive damage verdict awarded to the widow of a longtime smoker who died of lung cancer.
 

Smoke break gets more expensive with tax boost

Foes of tobacco hope the big tax increase this week will turn more smokers into quitters. However they satisfy their nicotine cravings, tobacco users are facing a big hit as the single largest federal tobacco tax increase ever takes effect Wednesday.
 

Smoke break gets more expensive with tax boost

However they satisfy their nicotine cravings, tobacco users are facing a big hit as the single largest federal tobacco tax increase ever takes effect Wednesday.
 

Smoke break gets more expensive with tax boost

Foes of tobacco hope the big tax increase this week will turn more smokers into quitters. However they satisfy their nicotine cravings, tobacco users are facing a big hit as the single largest federal tobacco tax increase ever takes effect Wednesday.
 

Tax my beer and cigarettes? Not without a fight

Smoke 'em if you got 'em, because there's a good chance your state will raise the tax on 'em. Faced with huge budget holes, states from Connecticut to Arkansas are eyeing higher taxes on cigarettes and booze, infuriating consumers who say the goods are the last vices they've got to help cope with lost jobs, a deepening recession and overall economic misery.
 

Reynolds CEO gets compensation valued at $8.8M

Reynolds American CEO got compensation valued at more than $8.8 million in 2008. Reynolds American Inc.'s chief executive, Susan M. Ivey, received compensation valued by the nation's second-biggest tobacco company at more than $8.8 million in 2008 ? about 12 percent more than in 2007, an analysis of regulatory filing Monday showed.
 

Tobacco Attracts Buying By Funds; Dividends Hefty

Tobacco Attracts Buying By Funds; Dividends Hefty