Altria, the world’s largest tobacco company, has begun to enjoy cigars. Is it a sign of the future? The owner of Marlboro, L&M, Parliament and Virginia Slims brands announced that it would buy John Middleton, Inc., makers of Black & Mild cigars for $2.9 billion in cash.
Middleton’s operating revenues are expected to reach $360 million on [...]
Read Full Post »
Washington.- When photographer Annie Leibovitz met President Clinton in the Oval Office in January 1993, he was smoking a cigar. She asked if she could photograph him with the cigar: “Not in your wildest dreams,” he said.
“The cigar became famous later,” said Leibovitz. The resulting photograph shows the young president standing beside his desk in [...]
Read Full Post »
President Bush vetoed a bill seeking to add $35 billion to the State Children’s Health Insurance Program (SCHIP) [complete article in Cigar Aficionado], but the SCHIP program is still running.
This bill, financed by taxes on tobacco products, including a big increase in the tax on cigars to $3 each, has been spurred by proponents of children’s health [...]
Read Full Post »