Menthol cigarettes are no more harmful than regular cigarettes, tobacco industry representatives argued Thursday as a federal advisory panel opened a two-day meeting to consider whether to ban the sale of those cigarettes.
The Supreme Court on Monday rejected a request by tobacco companies to consider making it harder for smokers to prove they were misled by the industry.
Tobacco would be placed under federal regulation under legislation being readied for a Senate committee vote over objections from lawmakers
Susan Ivey, Chairman and CEO of R.J. Reynolds Tobacco, ranks No. 20 on Fortune's 2006 list of 50 Most Powerful Women.
Zoe Cruz, Co-President of Morgan Stanley, ranks No. 19 on Fortune's 2006 list of 50 Most Powerful Women.
Abigail Johnson, President, Fidelity Employer Services of Fidelity, ranks No. 18 on Fortune's 2006 list of 50 Most Powerful Women.
Susan Arnold, Vice Chair, Beauty and Health of Procter & Gamble, ranks No. 10 on Fortune's 2006 list of 50 Most Powerful Women.
Oprah Winfrey, Chairman of Harpo Inc., ranks No. 8 on Fortune's 2006 list of 50 Most Powerful Women.
When Americans think of Sweden, they tend to envision boxy blue Ikea stores or blonds in bikinis. North Carolina-based giant R.J. Reynolds Tobacco is hoping to add another item to that list: snus (...
They want you to laugh, to wince, to think. Just not to smoke. They're the "Truth" campaign ads - radio, television, and web spots that target kids at greatest risk for smoking.
Transparency is a big trend these days in corporate America.
The Justice Department appealed Monday to the Supreme Court a lower court ruling that prevents the government from seeking up to $280 billion in tobacco industry profits from an alleged conspiracy to hide the dangers of smoking.
In a 2-to-1 ruling, a U.S. federal appeals court panel in Washington Friday rejected the federal government's lawsuit seeking as much as $280 billion in past earnings from tobacco companies that allegedly engaged in a criminal enterprise to cover up smoking dangers.
The tobacco industry has defended itself against charges in the United States that it engaged in a 50-year conspiracy to defraud the American public about the health risks of tobacco.
Shares of major tobacco companies rose sharply on Monday following a favorable court decision.
CNNMoney: Stocks stall at openupdated: Wed Jun 23 2004 09:12:00
U.S. stock markets were barely changed early Wednesday as worries about next week's expected interest rate hike and transfer of power in Iraq trumped any glee about upbeat corporate news.
CNNMoney: Stocks hit oil slickupdated: Wed Jun 23 2004 05:52:00
U.S. stocks headed toward a lower opening Wednesday amid continuing concern about a strike in No. 3 oil exporter Norway, but the return of flows through a damaged Iraqi pipeline tempered the fears of a shortage.
The Nasdaq gained and the broader market drifted Monday, with investors again worried about inflation as crude oil prices hit new all-time highs.
Several state governments are probing cigarette companies' advertising claims of "reduced risk" cigarettes, fearing that consumers will be misled.
You want to root for Patrick Carroll's fledgling business, you really do. After all, he's a round-faced 32-year-old--with the requisite tiny glasses and goatee--who conceived his idea two years ago...
Talk about truth in advertising. The manager of the aptly named Fidelity Independence large-cap growth fund hunts for stocks pretty much wherever he wants--overseas, in midcap turf, among beaten-do...
Nearly a year ago, FORTUNE created the e-50 index, a basket of stocks that we thought would serve as a proxy for the Internet economy. Sadly, we were right. The e-50 has exactly mirrored the rise a...
Fortune: Icahn Fights Backupdated: Mon Aug 14 2000 00:01:00
Back in 1995, when I was thinking about starting an investment fund, KPMG Peat Marwick did a study of Icahn Associates' historical investment results. Our compounded annual rate of return was 48%. ...
Imagine you're a guy standing at a urinal. You look up and see the words NICE PACKAGE.
You've seen the ads: "I get enough bull at work. I don't need to smoke it," says one. "Fire up a real one," urges another.
Remember this shot of the Tobacco Seven, the collection of industry honchos who swore before Congress that they believed cigarettes are not addictive? In the two years since those hearings, much ha...
Smoke has been getting in the eyes of tobacco companies lately. Whistle blowers like Jeffrey Wigand are saying cigarette makers knew all along their product was addictive. And the Liggett Group, le...
Smoking is a no-no in the Clinton White House, but word apparently hasn't traveled the globe. In Russia, Muscovites are hawking a flimsy, filterless smoke called Clinton, which comes wrapped in red...
Fortune: SELLING SIN TO BLACKS updated: Mon Oct 21 1991 00:01:00
The reading that Sunday was on temperance: ''Wine is a mocker, strong drink is raging; and whosoever is deceived thereby is not wise'' (Proverbs, 20:1). And once he took the pulpit, Reverend Calvin...
''Hopelessly old-fashioned'' is how money manager Florence Fearrington describes her style: ''We don't trade much; the phones don't ring off the hook.'' The 52-year-old president of the Wall Street...
GEE WHIZ, you say to yourself: Just how hard is it to run one of those big FORTUNE 500 companies? Let's ask F. Ross Johnson, 58, the boss at RJR Nabisco Inc., the multibillion-dollar food and cigar...
Fortune: What smoke screen?updated: Mon Oct 26 1987 00:01:00
You figure it out. Charles Hugel, 59, is chief executive of Combustion Engineering. RJR Nabisco has its own President F. Ross Johnson, 56. RJR Nabisco's chairman, J. Paul Sticht, is retiring. So wh...
The House of Representatives failed, by a vote of 276 to 149, to override President Reagan's veto of a bill that would have severely restricted textile imports. In early August an administrative la...
Cigarette manufacturers won a major battle, but not the war, in their struggle against product liability suits. A U.S. appeals court in Philadelphia ruled, in effect, that the health warning labels...
Fortune: PEOPLE TO WATCHupdated: Mon Sep 02 1985 00:01:00
Joel J. Cohen Cohen, 47, is known as Mr. Billion these days in the corridors of the New York law firm Davis Polk & Wardwell, where he has been a partner since 1969. In one memorable June weekend, C...
Fortune: C.E.O.s at the PCupdated: Mon Mar 04 1985 00:01:00
Nearly one in eight chief executives of large corporations has a personal computer blinking on his desk, according to a survey by Personal Computing magazine. The results of the survey, published i...
Fortune: BUSINESS GIFT-GIVINGupdated: Mon Jan 07 1985 00:01:00
On the northwest coast of the continent, among the forested inlets above Vancouver, British Columbia, there lives a tribe of Native Americans called the Kwakiutl. While nowadays much reduced in num...