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FDA regulation the other shoe to drop, though alternative plans emerging

[Editor's Note: This is the final installment of a four-part CSP Daily News series on how the industry is reacting to the federal excise tax on tobacco that begins in April.] WASHINGTON, D.C. -- Last summer, more than two-thirds of the U.S. House of Representatives voted to empower the Food &...

Reynolds, Lorillard follow PM USA in raising cigarette prices before April 1 tax increase

NEW YORK -- Lorillard Inc. and Reynolds American Inc. have announced plans to raise prices for their cigarette brands, a move that comes on the heels of price increases from Altria Group Inc.'s Philip Morris USA, said a Dow Jones report. A spokesperson told the news agency that Reynolds is using a...

Judge rules cash collateral can be used to pay employees, insurance premium

GREENEVILLE, Tenn. - A court ruling yesteday will allow financially strapped Appalachian Oil Co. to keep its head above water for at least a few more weeks. The company was in court yesterday for a hearing on releasing the funds necessary to pay employees and insurance premiums. Company employees...

Finding rays of light behind the SCHIP/FET tax
Support varies for tobacco regulation bill, a double-edged sword for retailers
House committee OKs Family Smoking Prevention & Tobacco Control Act
Ala. retailer files for bankruptcy, plans to liquidate
Creditors file objection, saying deal to facilitate sale of 'winter fuel' too risky.
Bankruptcy judge OKs measure to let Appco buy fuel to supply dry stations
Legislation to give FDA authority over tobacco products on front burner