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Headlines Tagged with Settlements 14,407 headlines found


Barclays's Kym Arnone, Head Banker on Tobacco Deals, Leaves Firm

Kym Arnone, a Barclays Plc managing director who led the bank’s sales of bonds backed by money state and local governments receive from their legal settlement with cigarette makers, has left the company.
Bloomberg News
added Aug 28, 2015 19:26
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EDITORIAL: More thoughtful approach sought on Oklahoma teacher pay raises

He wants to redirect tobacco settlement money from health programs to teacher pay...Instead, Oklahoma ranks near the bottom of most major health rankings. So Marlatt’s proposal combines bad policy with poor fiscal management. It should be shelved.
The Oklahoman
added Aug 23, 2015 15:46

[Virginia] Judgement: Macerata Wheels owes city $600,000 in tobacco grant funds

A default judgment was entered against Macerata Wheels and Mike Farless in the Virginia Tobacco Commission grant repayment lawsuit between Danville and the company and its executives Friday. Farless is the president of the defunct specialty wheel company
Danville (VA) Register & Bee
added Aug 21, 2015 12:11

[Oklahoma] Hamilton: Golden egg not safe in lawmakers’ hands

With teacher shortages and exploding class sizes headlining back-to-school media coverage, it was only a matter of time before lawmakers took aim at the one sacrosanct pot of money left in Oklahoma: the Tobacco Settlement Endowment Trust.
Oklahoma City Journal Record
added Aug 21, 2015 10:07

[Connecticut] State Still Diverting Dollars Meant to Prevent Smoking to General Fund

As the state continues to divert money from a tobacco abuse prevention fund to the general budget, advocates working to curb cancer deaths blame lawmakers for failing to support efforts to quit the habit and for opening the door to a new generation of sm
added Aug 13, 2015 12:56

Fitch Completes U.S. Tobacco ABS Portfolio Review

has completed its annual review of U.S. tobacco ABS ratings accounting for the amount of Master Settlement Agreement (MSA) payment received by each trust in 2015. For 2015, the aggregate MSA payment was 0.36% higher than the amount in 2014.
Business Wire
added Aug 7, 2015 20:04

[Kansas] MONTGOMERY: Stealing from the kids

Kansas wanted to take her due for something bad – the health damage done by tobacco products – and produce something good for the next generation of her people. Instead, it went to balance the books, including, most recently, to cover the shortfalls from
Hutchinson (KS) News
added Jul 8, 2015 10:29

[North Carolina] NC's spigot for Golden LEAF could turn back on again

The Senate budget the chamber approved last month would give $20 million annually to the Golden LEAF Foundation after two years in which it received nothing. Key GOP lawmakers at the Legislature had been skeptical of the foundation's effectiveness, espec
AP - Associated Press
added Jul 5, 2015 12:25

Oregon Putting All Its Declining Tobacco Settlement Funds into Health Expenses

For the first time, Oregon will use all of its $158 million biennial tobacco master settlement for healthcare-related expenses, and not divert the money to pay for other projects. The bulk of the funds will be geared toward the Oregon Health Plan, which
The Lund Report
added Jul 4, 2015 11:42

Kentucky Funds Hemp Company With Tobacco Money

Kentucky is giving $500,000 in grants and loans to a hemp seed processor, and they’re paying for it with money from tobacco companies...Atalo Holdings, has contracts with 30 farmers who are growing 545 acres of cannabis in accordance with Kentucky’s legal
added Jul 2, 2015 20:35
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