Analysts say the merger of Reynolds American and Lorillard is driven by the changing demographics of smoking. But the lower smoking rate masks a more complex and varied pattern of cigarette usage.
The Dow Jones Industrial Average closed at 16,563. It was the worst daily decline since April.
The Center for Science in the Public Interest says, at more than 3,500 calories, it's the "single unhealthiest" meal among 200 chain restaurants.
Labor disputes are nothing new to the Met Opera, but never have they been so public. With a deadline looming, both sides signal that negotiations are going nowhere.
Houston-based Celestis is offering to ship your pet's remains to rest among the stars for as little as $995. The remains are sent up on vehicles already carrying scientific and commercial payloads.
Under "UPP," or universal pricing policies, manufacturers like Johnson & Johnson tell retailers they can't sell their contact lens below a certain price. And if they do, their supply will be cut off.
Some college athletes who dreamed of going into pro sports are instead finding full-time work on NASCAR pit crews. NASCAR is recruiting athletes, not mechanics, and has a special training center.
Talks between Argentina and holdout bondholders collapsed Wednesday. With no additional talks scheduled, it appears Argentina has defaulted for the second time in about 12 years.
San Bernardino, which filed for bankruptcy two years ago, is wasting money fighting marijuana sales, says the city attorney. Better to regulate pot, end the black market — and collect taxes.
A factory in Indiana is churning out massive quantities of beverage-grade rye whiskey. A food blogger discovered that many small distilleries are buying it and using it in bottles labeled "artisan."
Both the Commerce Department and the Federal Reserve gave the economy good marks after years of slack performance. The Fed still frets about jobs but generally is upbeat, predicting "moderate" growth.
In London, a matinee ticket for Matilda costs about $60; in New York, it's $137. What's going on? The West End has weaker unions and subsidized theater, while Broadway has amenities.
Arthur T. Demoulas, chief executive of the New England grocery chain Market Basket, was pushed out by his cousin in a boardroom struggle. Protesting employees have brought business to a standstill.
A jury had found the bank liable for fraud related to mortgages sold by its Countrywide Financial unit last October. Bank of America may appeal.
Pinterest has created a database of things that matter to humans. And with a programming team that's largely been hired away from Google, the company has begun offering what it calls "guided search."
The Fed announced modest cuts in its bond-buying program and noted that inflation is becoming an issue. But with room to grow in the labor market, the bank is not ready to raise interest rates.
Backlash to the company's move to break its app in two is costing it the users that loved Foursquare the most. "Why do I need two apps when I had one that provided both services?" asked one user.
The news from the Commerce Department comes after the economy shrank at a 2.1 percent rate in the first quarter of the year. The numbers raise hope for continued growth in the second half of 2014.
The models say they have no job security or vacation pay and aren't allowed to collect tips. Organizers have said "not just anyone can take their clothes off and hold a pose."
The NCAA has settled a class-action lawsuit over its head injury policies, pending approval. Supporters laud a $70 million fund for medical monitoring; others say there's no money for injured players.