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Headlines Tagged with Settlements 14,836 headlines found


Reynolds American reports big increase in quarterly income

The company benefited not only from increased market share for its Pall Mall, Camel, Grizzly and Natural American Spirit brands, but also higher prices passed along to vendors and wholesalers. Net sales were down 2.6 percent to $1.88 billion.
Winston-Salem (NC) Journal
added Apr 24, 2013 10:01

California mulls $2 tax for cigarettes, risk for tobacco bonds

California's anti-smoking advocates are asking their legislature to back a $2 state tax hike on cigarettes - double the increase voters rejected last year - on the heels of President Barack Obama's urging a federal cigarette tax increase earlier this mont
added Apr 22, 2013 20:14

[Kentucky] KY Receives Annual Tobacco Settlement Payment

Attorney General Jack Conway says Kentucky has received its annual tobacco settlement payment. Conway said in a statement that the state received $101 million in funds this week as required under the 1998 Master Settlement Agreement between tobacco compa
AP - Associated Press
added Apr 19, 2013 13:39

Iowa receives annual tobacco settlement payment

Iowa's state treasury has received an annual payment from tobacco companies totaling more than $65 million.
Quad-City (IA) Times
added Apr 19, 2013 13:37

[Oklahoma] EDITORIAL: A wise state investment

Oklahoma’s use of the Master Settlement funds from the 1996 tobacco lawsuit is a model for use in future trust fund cases. Unlike other states, Oklahoma did not take a one-time payment. The state chose to receive the money over several years, and to date
Norman (OK) Transcript
added Apr 19, 2013 12:53

Oregon enters arbitration that could reduce size of future payments under tobacco settlement

Oregon is among the states entering a high-stakes arbitration battle with tobacco companies who agreed in 1998 to pay $206 billion over 25 years to settle legal claims. If a panel of three retired federal judges side with the tobacco firms, Oregon and ro
The Oregonian
added Apr 18, 2013 23:18

Tobacco Settlement Payments to Oklahoma top $1 Billion

State Treasurer Ken Miller announced the receipt of one of two annual tobacco settlement payments on Wednesday. The $64.8 million payment brings the total paid to the state under the Master Settlement Agreement since 1999, the year payments began, to $1.
Norman (OK) Transcript
added Apr 18, 2013 23:06

Kentucky gets more than $101 million in tobacco settlement money

Kentucky received its annual payment of more than $101 million in tobacco settlement money this week. “The money Kentucky receives each year from the MSA provides funding for many invaluable programs – from agriculture to education,” said Attorney Genera
The Lane Report
added Apr 18, 2013 17:04

[Pennsylvania] Pa. joins 30 states in rejecting ’98 tobacco master settlement

Pennsylvania Attorney General Kathleen Kane said this week that the commonwealth has opted to decline the tobacco industry’s settlement arising out of the 1998 lawsuit, with the Keystone State instead vowing to continue litigation. Kane was quoted as sa
The Pennsylvania Record
added Apr 18, 2013 15:04

[Pennsylvania] Pa. vows to protect its tobacco payment

Pennsylvania will continue to fight the tobacco industry's lawsuit to reduce payments to the Master Settlement Agreement, the 1998 deal that requires tobacco companies to pay billions of dollars to offset public health costs from tobacco-related diseases
Pittsburgh (PA) Tribune-Review
added Apr 17, 2013 07:52
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