Business

In the summer of 2021, public health experts, policymakers and some UK columnists worked themselves into a frenzy over a takeover battle. Philip Morris International, the maker of Marlboro cigarettes, triumphed in tit-for-tat bidding against private equity group Carlyle to buy Vectura, a UK-listed maker of…

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The National Highway Traffic Safety Administration proposed new rules this week that would require that new cars be equipped with automatic emergency braking with pedestrian detection. Automatic emergency braking, or AEB, is already standard on most passenger vehicles sold in the United States. In 2016,…

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