Health

US Supreme Court hands major victory to Big Tobacco

The US Supreme Court gave a substantial victory to major tobacco firms Monday, rebuffing an appeal that would have allowed the government to pocket 280 billion dollars of their profits.

Health

Do smokers cost society money?

(AP) -- Smoking takes years off your life and adds dollars to the cost of health care. Yet nonsmokers cost society money, too - by living longer.

Health

Report takes aim at lax Swiss tobacco rules

Switzerland is doing far too little to rein in tobacco and nicotine use, and is especially lax on vaping rules, according to a commission report, which blamed hefty industry lobbying.

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Tobacco industry

The tobacco industry comprises those persons and companies engaged in the growth, preparation for sale, shipment, advertisement, and distribution of tobacco and tobacco-related products. It is a global industry; tobacco can grow in any warm, moist environment, which means it can be farmed on all continents except Antarctica.

Tobacco is a commodity product similar in economic terms to foodstuffs in that the price is set by the fact that crop yields vary depending on local weather conditions. The price varies by specific species grown, the total quantity on the market ready for sale, the area where it was grown, the health of the plants, and other characteristics individual to product quality. Laws around the world now often have some restrictions on smoking but, still 5.5 trillion cigarettes are smoked each year. Taxes are often heavily imposed on tobacco.

This text uses material from Wikipedia, licensed under CC BY-SA