Word: tobacco
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Christopher Buckley, the son of William F. Buckley Jr., has had some good breaks during his lifetime, but how lucky can you get? Thank You for Smoking (Random House; 272 pages; $22), the hotfoot Buckley has given the tobacco industry, went on sale at the same time as a nationally televised congressional hearing was making American cigarette makers look like drug dealers...
...price of health care directly resulting from tobacco-related diseases rose to $50 billion in 1993, according to new evidence published by the Centers for Disease Control. Although the figure more than doubles previous estimates, many experts say it still falls short, since it doesn't include such factors as prenatal damage or the effects of secondhand smoke. With those costs included, the price tag could double again. The Coalition on Smoking or Health, which unites the efforts of the American Cancer Society, theAmerican Heart Association and the American Lung Association, argues that the new information furthers the case...
...Philip Morris chairman who tried unsuccessfully to separate the company's food and cigarette divisions announced his resignation. Michael Miles, a nonsmoker and the first company head from outside the tobacco industry, was also responsible for last year's controversial decision to slash the price of Marlboro cigarettes...
...small fortune in the wine business is to start with a large fortune. For all its aura of romance, making wine is an enterprise fraught with woes -- both man-made and natural. Government regulators have been acting lately as if wine were as much of a health hazard as tobacco. Even in sunny, bountiful California, frosts can shrivel vulnerable young grape buds. Untimely rains can ruin a harvest. And periodically, vineyards are assaulted by plagues of voracious insects...
...plagues could not have come at a worse time for the California wine trade, whose annual sales exceed $3.6 billion. The Treasury Department's Bureau of Alcohol, Tobacco and Firearms, which regulates the wineries, appears to be following a neo-prohibitionist agenda. The bureau requires wine labels to carry warnings about drunken driving and the danger of alcohol to pregnant women. At the same time, the bureau refuses to allow vintners to promote or advertise research indicating that drinking wine in moderation has some health benefits...