Word: settlements
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...just one more indication of how limited their clout is? With fears of downsizing and layoffs still rampant, unions staged only 37 walkouts involving 1,000 or more workers last year, in contrast to 231 major strikes in 1976. "If the Teamsters can't deliver [a winning settlement] on this one," says Charles Craver, a labor expert at the George Washington University law school, "organized labor is in big trouble...
WASHINGTON: It isn't just the government that's punishing smokers. The tobacco industry itself is now betting that the same addicts whose health problems roped it into a $368 billion legal settlement will fork over an additional 62 cents per pack to help keep cigarette makers in business...
...this tactic backfire and force millions to quit the coffin nails? Not according to a US Treasury Department audit leaked over the weekend. It says Big Tobacco will recoup settlement losses ? and more ? from those who keep on puffing despite the health risks and a price hike. Only seven percent of smokers would quit if they had to pay an extra 62 cents per pack, according to the report...
...White House, meanwhile, has announced that it will try to offset a $50 billion tobacco tax break that Congress slipped into the Federal budget ? by adding another $50 billion on the tobacco settlement. Clinton has also threatened more action against the industry if teen smoking target aren't reached. Not that Big Tobacco is worried ? after all, their customers seem willing to put up with anything...
Taking on terror suspects directly, the Israeli government issued an arrest warrant for Palestinian police chief Ghazi Jabali, whom the Israelis accuse of inciting an attack on a Jewish settlement in the West Bank last month. Most ominously, Netanyahu's government warned that if Arafat didn't neutralize activists, Israel would send its forces back into areas now under Palestinian self-rule to do the job. That would be a blatant violation of the Israeli-Palestinian accords. "You're not going to see tanks or columns of soldiers going inside," says a senior Israeli officer in the West Bank...