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Headlines Tagged with Settlements 14,169 headlines found

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WALSH: SAPVoice: How Big Data Is Like Big Tobacco - Part 1

Big Tobacco knew the writing was on the wall in the U.S. Long before the judgment came, they had diversified into food and other consumables. Big Data is running down a similar path. Deception? Check. Users are only now realizing on a broad basis that ma
Forbes
added Aug 26, 2014 20:25
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[Kentucky] EDITORIAL: Deadly Ebola has nothing on tobacco

This year, 8,000 Kentuckians will die from smoking-related causes... That's far more deaths than Ebola has caused in the almost 40 years since its first diagnosis. The onus is on the legislature to act; Kentuckians should demand it.
Lexington (KY) Herald-Leader
added Aug 24, 2014 05:55
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Q&A: The Hidden Costs of Tobacco Debt

Even when taxpayers aren’t explicitly on the hook, tobacco bonds can cost states and local governments money. Here’s how...some issued what are called capital appreciation bonds, or CABs. ... are now likely to default. And that could force governments to
ProPublica
added Aug 22, 2014 12:24
4 Views

New report shows Texas is lagging in tobacco prevention, Amarillo surging ahead

The report called How Do You Measure Up?: A Progress Report on State Legislative Activity to Reduce Cancer Incidence and Mortality states Texas is falling behind in tobacco prevention. It reports that Texas has had little to no tax increase in the past 6
KVII ProNews 7 (Amarillo, TX)
added Aug 22, 2014 10:03
15 Views

Q&A: The Hidden Costs of Tobacco Debt

capital appreciation bonds....are now likely to default. And that could force governments to pony up even more of their future tobacco windfall to investors — money that could otherwise benefit taxpayers. How did it all happen? Here are answers to some b
North Denver (CO) News
added Aug 19, 2014 07:32
12 Views

'Small Tobacco' Tax in Texas Dealt a Major Blow

The 55-cents-per-pack fee that Texas imposes on smaller tobacco manufacturers is an unconstitutional tax, an appeals court ruled. House Bill 3525, which Texas lawmakers approved in 2013, levied fees on tobacco companies that did not participate in th
Courthouse News
added Aug 19, 2014 05:43
13 Views

[Connecticut] EDITORIAL: Up in smoke

When it comes to spending tobacco settlement money to fight tobacco use, Connecticut is on a par with much of the Deep South... As long as we’re taxing low-income smokers at the rate of $3.40 per pack, maybe we could use a bit more of our tobacco income t
Meriden (CT) Record-Journal
added Aug 12, 2014 16:02
10 Views

Tobacco Bonds May Be Dangerous to Your State's Financial Health

Some of the deals included a form of high-risk debt, capital appreciation bonds, which obligated governments to pay out billions of their tobacco income in the future.
ProPublica
added Aug 8, 2014 11:50
9 Views

Official Statement: New Jersey Treasury Department!

The State takes very seriously its relationship with bondholders ...Although not legally compelled to resolve a potential default situation with the tobacco bonds, the State sees an advantage in maintaining good relations with the tobacco bond investors
ProPublica
added Aug 8, 2014 11:49
2 Views

PODKUL: How Wall Street Tobacco Deals Left States With Billions in Toxic Debt

Politicians wanted upfront cash from a legal victory over Big Tobacco, and bankers happily obliged. The price? A handful of states promised to repay $64 billion on just $3 billion advanced.
ProPublica
added Aug 8, 2014 11:42
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