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MANUFACTURING: Reynolds to raise cigarettes prices
Reynolds American Inc.’s tobacco unit told distributors it will raise the prices of Camel, Kool and other cigarettes. The price of Camel will increase 15...
Reynolds American Inc.’s tobacco unit told distributors it will raise the prices of Camel, Kool and other cigarettes. The price of Camel will increase 15 cents a pack and Kool will go up 5 cents a pack effective next Monday, David Howard, a R.J. Reynolds Tobacco Co. spokesman, said Monday in an interview. The Winston-Salem, N.C.-based company has notified distributors of the new prices, he said.
TELECOM: AT&T to keep logo in NASCAR races
AT&T has settled its lawsuit with NASCAR and Sprint over the logos on Richard Childress Racing’s No. 31 Nextel Cup car driven by Jeff Burton, according to NASCAR Scene, a publication that covers auto racing. David Garver, AT&T’s executive director of business development and wireless sponsorship, said AT&T, which is using the logo to promote the transition of the Singular brand to AT&T, will be allowed to sponsor the No. 31 through 2008, but it "must come off after next season." As part of the agreement, NASCAR agreed to drop its $100 million countersuit against AT&T.
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