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Spin of the Day: June 27, 2008June 27, 2008Nevada Wary of Nuclear Industry Executives Bearing GiftsTopics: corporations | health | lobbying | nuclear power | U.S. government
PR Firms Holding Their Own, for NowTopics: corporations | public relations
U.S. PR firms seem to be doing well despite uncertain economic times, at least for now. The annual Best Practices Benchmarking Survey by StevensGouldPincus showed that while the industry didn't match its 22% growth of 2006, in 2007 they still managed a 19.7% average profit.The survey found "a remarkable average of $221,388 per professional in annual billings and a huge jump in average monthly fee minimums to $14,000 from $10,000 one year earlier. "But other indications in the survey might point to leaner times ahead. Billable hours as well as account managers' salaries and bonuses were flat, and overhead costs were starting to rise. Total labor costs rose 1% over the previous year. People Want to Know What Docs Are TakingTopics: health | marketing | pharmaceuticals
Weekly Radio Spin: Sending in the New Swift BoatsTopics: advertising | children | corporations | democracy | health | international | marketing | obesity | politics | terrorism | tobacco | Weekly Radio Spin
The Hidden War: Big Tobacco and the GOP Team up Against Southern DemocratsTopics: corporate campaigns | corporations | democracy | ethics | left wing | politics | right wing | secrecy | tobacco | tort reform | U.S. government
When the major American tobacco companies signed the 1998 Master Settlement Agreement with the 46 states who sued to recover the costs of treating sick smokers, the companies agreed to nominal advertising restrictions and massive yearly payouts to the states. Lawyers who made money on the settlement began donating heavily to the Democratic Party, which opposes the corporate-organized "tort reform movement" that works to block such suits in the future. The massive lawsuit, subsequent settlement and increased donations to the Democratic Party (particularly in the South) sparked a vicious, under-the-radar war between Southern Democrats, the Republican Party and its corporate allies. Raw Story exposes the serious repercussions the tobacco settlement has had on the integrity of U.S. elections, particularly in the Southern U.S., as the Republican Party and corporate interests seek to cut off Democratic donations and exact retribution on lawyers and public officials involved in the original lawsuit. |
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