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...easy enough to buy a smoke at Isa Yakubu's grocery store on a busy street in Lagos, Nigeria. Never mind if you don't have much money. Most local merchants are happy to break open a pack and sell cigarettes one at a time - single sticks, as they're known - for about 10 Nigerian naira, or 7 cents. "St. Moritz is the most popular brand," says Yakubu. "But [people] also like Rothmans and Benson & Hedges...
What's more, though British manufacturers, like American ones, put warnings on cigarette packs, the labels do no good if a pack is something you never see. Like other antismoking activists, Irukera believes industry actively promotes single-stick sales (which also occur in Asia, the Americas and elsewhere in the world). But the companies answer that the matter is out of their hands. Says British American spokeswoman Catherine Armstrong: "If retailers choose to break [packs] up and sell them one at a time - which I believe is very widespread across Africa - that's not something we have any involvement with...
...lawsuits, smoking bans, rising taxes and advertising restrictions. Fewer than 20% of adult Americans now smoke - the lowest rate since reliable records have been kept - and a tobacco crackdown is under way in Europe, Canada and elsewhere. In April, Congress boosted federal cigarette taxes threefold, from 32 cents a pack to $1. In June, President Barack Obama signed a law giving the FDA the power to regulate cigarettes like any other food or drug...
...comes to keeping trade secrets, Switzerland's chocolate makers can be as tight-lipped as its bankers. But while chocolatier Barry Callebaut refuses to reveal what goes into its latest invention, it's happy to share the result: a chocolate bar that won't melt in your hands or pack on the pounds...
...while ad pages are plummeting for all magazines, they're flirting with terminal velocity for business titles. The numbers are enough to make a CEO pack it all in (which Jim Spanfeller at Forbes.com just did). In the first half of this year, Business Week ran about 37% fewer ad pages than it did in the first half of last year, according to the Publishers Information Bureau. Fortune, published by Time Inc. (owner of TIME.com), sold 38% fewer pages, and Forbes was down 30% (a number possibly skewed by the inclusion of ForbesLife). But as a weekly, the McGraw-Hill...