Cigarette firms boost marketing spending despite falling sales
A government FTC study shows the six largest cigarette makers spent a record 12.5 billion dollars on advertising and promotions in 2002, an 11 percent rise from 2001, while U S cigarette sales dropped about 5.5 percent to 376 billion. Discounts to retailers accounted for about 63 percent of marketing, with promotions and shelf-space payments totaling roughly 1.3 billion, amid debates on youth influence and rising prices.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
Matthew Myers
Wit
FTC
Jury finds two women guilty of wire fraud
In New York a jury convicted Roberta Dupre and Beverly Stambaugh of wire fraud for running a religion driven scam that duped over 1,000 investors out of nearly 2 million by promising a share of Ferdinand Marcos fortune. They face up to 20 years in prison. sentencing set for January 21.
MENTIONED IN THIS ARTICLE
New York
Philippines
Ferdinand Marcos
Roberta Dupre
Beverly Stambaugh
Dupre
Stambaugh
Montrose
Colo
Denise Cote
FDA approves ExAblate to treat most uterine fibroids
The FDA granted expedited approval for ExAblate, a noninvasive device that uses MRI guided focused ultrasound to heat and destroy fibroid tissue. The treatment, lasting up to three hours, is for women who have completed childbearing and is not suitable for fibroids near certain organs or outside the imaging area. The device offers an alternative to hormone therapy or hysterectomy, but its effects on pregnancy and fetal development remain undetermined.
MENTIONED IN THIS ARTICLE
FDA
Washington
Food and Drug Administration
Also Mentioned on This Page
Myers
David Howard
Reynolds American Inc
Howard
Owensboro
Mary Shannon
Stacy Trotter
Ector County
Rick Perry
Teresa Gray Trotter
Sean
Noelle
West Texas
First Christian Church
Texas Tech University
Texas Tech University School of Law
Shafer, Davis, Ashley, O'Leary & Stoker
Orig
Saturda
van Heusen
Stain Shields
Danelle
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