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Latest Michael E. Szymanczyk Stories

2008-09-12 03:00:18

With Americans smoking less, the nation's top cigarette maker is planning to go smokeless in a big way. In a move long-anticipated by industry observers, Altria Group Inc., parent company of Marlboro- maker Philip Morris USA, said yesterday it has agreed to pay $10.4 billion to acquire Stamford, Conn.-based UST Inc., the top manufacturer of moist smokeless tobacco. The deal, if approved by UST shareholders and federal regulators, will add a growing category of tobacco products to Henrico...


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
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