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Image courtesy of Flickr/Ted Abbott In 2009 California took in $839 million in taxes from the sale of cigarettes. And with its--and many other states’--budget in dire straights, it is hard to turn down any extra income. [More]

Abbot could have just given money to Partners In Health and called it a day. Instead, they've been on the ground helping to build a factory to make hunger-destroying peanut paste. All too often, corporate philanthropy involves dropping a wad of money on some organizations doing work on an issue that the corporation "cares" about, and then saying goodbye.

The stock of drug-maker Abbott Laboratories tanked May 26 after results were published on a trial of whether the B vitamin niacin can help prevent heart disease and strokes. The immediate follow-on question is whether the premise on which that trial was based, the so-called HDL Hypothesis, has just received another coffin nail