Smoker&#39;s award cut to $50M from $3B
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Appeals court says punitive award against Philip Morris is still &#39;excessive&#39; and must be halved. LOS ANGELES  - A California appeals court has ruled that a smoker&#39;s $3 billion punitive damages award
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explanation of market-timing, further attorney comment. Picks up last graf. Also moving on general news wires. DENVER  _ The former chief executive of Invesco Funds Group has agreed to pay $500,000 to
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He's the poster boy for the state's new anti-smoking campaign. But 48-year-old Skip Legault is still smoking Â despite an amputated leg, two heart attacks and a stroke. The state Department of Health confirmed Friday that they chose a smoker for the ads, saying it helps underscore the risks associated with nicotine addiction.
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Pop icon Robbie Williams will be fined 150 Australian dollars (60 pounds) for smoking on stage in Australia, the premier of the northeastern state of Queensland has said.
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Many companies are seeking to reduce their medical bills by paying for programs to help employees stop smoking.
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A California appeals court cut by half the $100 million in punitive damages awarded to the family of a man who sued tobacco giant Philip Morris USA Inc.
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A federal judge overturned a $50   million award handed down by a jury against Merck & Co. Inc.   earlier this month in a case of a former FBI agent who had   blamed the withdrawn painkiller Vioxx for his heart attack.
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The chairman of US Airways, David G. Bronner, said Wednesday that its employees must agree to a third round of wage and benefit cuts worth $800 million in the next 30 days or the airline could be liquidated.
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Eric Chavez had a new challenger for the Gold Glove award this past season, when Alex Rodriguez, the highest-paid player in the game moved from shortstop to third base upon joining the Yankees.
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WASHINGTON -- The Supreme Court threw out a $79.5 million punitive damages award to a smoker's widow Tuesday, a boon to businesses seeking stricter limits on big-dollar jury verdicts. The 5-4 ruling was a victory for Altria Group Inc.'s Philip Morris USA, which contested an Oregon Supreme Court...
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Tobacco companies were &quot;breathing a multi-billion dollar sigh of relief&quot; after an Australian court threw out a class action seeking compensation for illness caused by smoking, the plaintiff's lawyer said.
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Reynolds American Inc., the nation&#39;s second biggest cigarette maker reporting earnings for the first time since the combination of RJ Reynolds and the US operations of Brown
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CHICAGO (CBS.MW) -- In a move that should effectively add a dime a pack to the cost of some top cigarette brands, Philip Morris USA is about to cut its promotional allowances.
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A former drug sales representative wins award, despite judgeâs criticism that he should have brought scheme to light earlier.
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The NHL salary cap will climb to $50.3 million per team for next season, the league and its players' union announced on Friday.
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A junior dealer detained over the biggest fraud in banking history is helping investigators, police said on Sunday, as his employer revealed that he had bet 50 billion euros ($73.3 billion) of its money on illicit trades.
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ALBANY, NY - Makers of Kool cigarettes have agreed to limit a hip-hop theme marketing campaign and pay almost $1.5 million for anti-smoking programs following lawsuits claiming they targeted young people.