Word: maker
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Undaunted, the combatants have now resumed their fight in print, where American Home Products, a $13.4 billion maker of such brands as Anacin and Preparation H, launched an assault on Tylenol last week. The company paid for a full-page ad in the New York Times and other papers to reprint an open letter written by Antonio Benedi, a former appointments secretary for George Bush, who blames Tylenol for the liver failure that forced him to have an emergency transplant...
...safer cigarette for Philip Morris, the world's largest tobacco company. Uydess, an associate senior scientist at Philip Morris for 11 years, quietly resigned from his job in 1989. Not until two weeks ago, however, when he witnessed the spectacle of his former employer playing hardball while cigarette maker Liggett worked out a settlement in six huge lawsuits, did he decide to make a big noise. "This is a social tragedy that is being played out here, and it's got to stop," Uydess told TIME. "If there's any way I can help stop it, I want...
...ORLEANS: The Liggett Group, America's fifth largest cigarette maker, agreed Friday to end lawsuits with five states by paying their Medicaid costs for smoking-related ailments. Liggett consented to pay Mississippi, Massachusetts, Florida, Louisiana and West Virginia ten million dollars and seven and a half percent of its annual profit for the next 25 years. In addition, the states are entitled to divide two and a half percent of Liggett's yearly profits to compensate future Medicaid costs, and annual payments to cover state medical expenses already incurred. Another five percent of the tobacco company's income...
Like Duehay, Crane declined the vice chair's seat, and in the city election of 1949, the "Mayor-Maker" was reelected by a landslide. Riding the wave of his popularity, Crane was elected governor...
...investment bankers and involve extended periods of hard work, discipline and innovation. Venture-capital firms like Kleiner Perkins first lay out money to get promising companies up and running, and then take seats on their boards. The nurturing often lasts for years. Silicon Video Corp., a San Jose, California, maker of flat-panel video displays that plans to go public in the second half of this year, has got some $15 million from venture capitalists since 1991. "They've been essential in helping us attract the right management and giving us the credibility we need," says Silicon Video president Robert...