Word: philip
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...among the first to announce that the term "gracious losers" does not - and probably never will - apply to executives of Big Tobacco. The same goes for their legal counsel. Friday, when a Florida jury returned their $145 billion verdict against the country's largest cigarette manufacturers, attorneys for Philip Morris (which was ordered to pay more than $70 billion of the punitive damages) met the news with the same charm one might expect from an ill-tempered boa constrictor. Several were actually frothing at the mouth...
...countdown of the warhead's rocket as it takes place. All that is valuable intelligence--and much, if not all of it, would be denied to the U.S. if a rogue state decided to strike. Such advantages "place significant limitations" on the value of the test, says Philip Coyle, the Pentagon's chief weapons tester...
Guessing who's going to be next has become a kind of morbid party game. It has given rise to the dotcom dead pool, a highly popular website run by 24-year-old New Yorker Philip Kaplan (found at the X-rated address F_____dCompany.com) Launched on Memorial Day, it has already received more than 80,000 sign-ups. Kaplan's secret: besides running sweepstakes on the big losers, his site has quickly become the central rumor mill of the Internet economy. Human-resources departments scour it for tips on where to send the headhunters next, and analysts check...
Confused? Well, there is a germ of reason amidst all this dizzying dealmaking: As a result of the RJR-NGH merger, NGH manages to consolidate any pending lawsuits under the umbrella (and considerable legal expertise) of RJR. Meanwhile, analysts theorize, Philip Morris will move quickly to spin off its tobacco holdings...
Sunday's RJR-Philip Morris machinations are only the latest round in the companies' ongoing attempts to isolate risky tobacco holdings. Faced with an increasingly unfriendly American marketplace, the corporations are scrambling to protect the stock market performance of non-controversial products (such as like Kraft mayonnaise and macaroni and cheese) from from the legal and legislative vagaries affecting the domestic tobacco market...