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Tobacco industry execs expect repercussions as excise tax hike seems imminent

PARAMUS, N.J. -- With the expanded SCHIP bill steadily streaming down the legislative pipeline, tobacco companies are preparing for its impending passage into law and the related tobacco-tax hike that will come with in. It seems there is not much else they can do at this point. "How do you prepare...

Succeeds resigning Adams; company also hires chief restructuring officer

OGDEN, Utah -- Flying J Inc., which filed for Chapter 11 bankruptcy protection in December, said that Crystal Call Maggelet, chairman, will add the duties of president and CEO, assuming operational leadership of the company. She succeeds J. Phillip Adams, who resigned as president and CEO. As...

President's inaugural address signals administration's new direction

WASHINGTON -- Barack Obama delivered his first speech as president of the United States and along with focusing on the critical issues of the economy, national security and health care, he also used the opportunity to include a commitment to promote the development and use of alternative energy to...

Industry M&A professional offers insights to deal with economic, credit crunch
Company not talking other than to say it is "not going out of business".
Major oil's corporate retail employees expected to be out of the job.
Senate expected to move quickly;legislation to be paid for with tobacco hike
NATO rallies other industry groups around opposition to tobacco tax increases
Utah-based chain gets adventurous with reality-TV show/marketing program
Industry analysts speculate over ExxonMobil buying Shell, Shell buying BP